Qifu Technology
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Qifu Technology's balance sheet done over the years? Its assets were worth $45,818,572,000 last year, which is more than in the previous period. 52% of Qifu Technology’s total assets is currently financed by debt. Its liabilities reached the amount of $23,808,715,000, which means an increase by 11% compared compared to last year.
Debt to Assets
| 2016 | 89519000 | 111.35M | 124.39% |
|---|---|---|---|
| 2017 | 2753272000 | 2.35B | 85.41% |
| 2018 | 7349735000 | 2.90B | 39.59% |
| 2019 | 20355601000 | 200M | 0.98% |
| 2020 | 24387305000 | 14.90B | 61.12% |
| 2021 | 33504995000 | 18.28B | 54.58% |
| 2022 | 40343170000 | 21.41B | 53.07% |
| 2023 | 45818572000 | 23.80B | 51.96% |
QFIN Balance Sheet (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 4.17B | 7.16B | 6.11B | 4.41B | 2.10B | 1.44B | 468.54M | 6.17M |
Short term investments | 15M | 57M | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 7.82B | 8.38B | 8.85B | 7.23B | 4.92B | 3.61B | 378.05M | 68.16M |
Inventory | 0 | -25.77B | -18.54B | -15.06B | -15.06B | -4.10B | 1 | 0 |
Other current assets | 32.64B | 25.77B | 18.54B | 15.06B | 15.06B | 4.10B | 2.13B | 0 |
Total current assets | 44.66B | 15.61B | 14.97B | 11.65B | 7.02B | 5.05B | 846.60M | 74.33M |
Non-current assets: | ||||||||
Property, Plant and Equipment | 276.61M | 47.60M | 24.94M | 19.36M | 17.11M | 6.86M | 5.99M | 1.98M |
Goodwill | 41.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 990.90M | 1.00B | 1.02B | 3.40M | 3.51M | 847K | 262K | 208K |
Long term investments | 15M | 57M | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 4.66B | -1.01B | -1.04B | -22.76M | -20.62M | -7.71M | -6.25M | -2.19M |
Total non-current assets | 6.02B | 1.10B | 1.04B | 22.76M | 20.62M | 7.71M | 6.25M | 2.19M |
Total assets | 45.81B | 40.34B | 33.50B | 24.38B | 20.35B | 7.34B | 2.75B | 89.51M |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 158.09M | 0 | 0 | 0 |
Short term debt | 827.72M | 150M | 397.57M | 186.8M | 200M | 0 | 0 | 0 |
Total current liabilities | 34.19B | 150M | 397.57M | 186.8M | 200M | 2.89B | 2.36B | 0 |
| Non-current liabilities: | ||||||||
Long term debt | 0 | 39.51M | 13.17M | 14.97M | 31.18M | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 3.90B | 49.16M | -121.42M | -37.84M | 3.44B | -15.75M | 0 | 0 |
Total non-current liabilities | 3.90B | 150M | 121.42M | 37.84M | 3.47B | 2.90B | 0 | 0 |
Total liabilities | 23.80B | 21.41B | 18.28B | 14.90B | 200M | 2.90B | 2.35B | 111.35M |
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