Qfin Holdings (QFIN) Loans - Loss Allowance (2017 - 2022)

Qfin Holdings (QFIN) posted Loans - Loss Allowance of $77.9 million for Q4 2022, up 0.9% sequentially from $77.2 million in Q4 2021, and up 0.9% YoY from $77.2 million in Q4 2021.

Qfin Holdings (QFIN) Loans - Loss Allowance (2017 - 2022) Analysis & Trends

Qfin Holdings (QFIN) has 6 years of Loans - Loss Allowance data on file, last reported at $77.9 million in Q4 2022.

  • Quarterly Loans - Loss Allowance rose 0.9% year-over-year to $77.9 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $77.9 million (up 0.9% YoY) and the FY2022 annual result came in at $82.5 million, up 7.83% from the prior year.
  • Loans - Loss Allowance climbed to $77.9 million in Q4 2022 per QFIN's latest filing, from $77.2 million in the prior quarter.
  • The five-year high for Loans - Loss Allowance was $77.9 million in Q4 2022, with the low at $8.2 million in Q4 2018.
  • Average Loans - Loss Allowance over 5 years is $49.3 million, with a median of $59.0 million recorded in 2020.
  • Year-over-year, Loans - Loss Allowance jumped 233.47% in 2018 and advanced 0.9% in 2022.
  • Qfin Holdings' Loans - Loss Allowance stood at $8.2 million in 2018, then surged by 195.74% to $24.2 million in 2019, then surged by 143.36% to $59.0 million in 2020, then soared by 30.92% to $77.2 million in 2021, then rose by 0.9% to $77.9 million in 2022.
  • Business Quant data shows QFIN's Loans - Loss Allowance at $77.9 million in Q4 2022, $77.2 million in Q4 2021, and $59.0 million in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Loans - Loss Allowance (Qtr)
1 Visa 587.74 Bn 575.34 Bn - -
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn -
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn -
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 512.31 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 3.54 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Qfin Holdings 3.99 Bn -935.70 Bn 498.57 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2022 77.91 Mn
Dec 31, 2021 77.21 Mn
Dec 31, 2020 58.97 Mn
Dec 31, 2019 24.23 Mn
Dec 31, 2018 8.19 Mn
Dec 31, 2017 2.46 Mn