Qfin Holdings (QFNHF) Loans - Loss Allowance (2017 - 2022)
Qfin Holdings (QFNHF) 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 (QFNHF) Loans - Loss Allowance (2017 - 2022) Analysis & Trends
Qfin Holdings (QFNHF) 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 QFNHF'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 QFNHF'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 | - | - | 498.57 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |