Qifu Technology
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Qifu Technology generated cash of $7,118,350,000, which is more than the previous year. Cash used in financing activities reached the amount of $1,066,458,000 last year. Net change in cash is therefore -$2,953,366,000.
Cash Flow
| 2016 | -164.36M | -5.73M | 184.92M |
|---|---|---|---|
| 2017 | -110.97M | -1.20B | 2.26B |
| 2018 | 285.11M | 327.64M | 457.43M |
| 2019 | 2.97B | -8.86B | 7.70B |
| 2020 | 5.32B | 892.77M | -3.28B |
| 2021 | 5.78B | -6.06B | 2.26B |
| 2022 | 5.92B | -7.35B | 3.20B |
| 2023 | 7.11B | -11.14B | 1.06B |
QFIN Cash Flow Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 10.51B | 8.75B | 6.77B | 3.83B | 2.01B | 956.42M | 6.17M | 0 |
Operating activities | ||||||||
Net income | 4.26B | 5.76B | 5.76B | 3.49B | 2.50B | 1.19B | -166.36M | -49.71M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||
Depreciation and amortization | 73.76M | 65.97M | 65.97M | 36.06M | 7.64M | 3.76M | 1.30M | 482.4K |
Stock-based compensation expense | 185.60M | 199.73M | 253.92M | 301.16M | 250.42M | 0 | 0 | 0 |
| Deferred income tax benefit | 185.60M | 199.73M | 253.92M | 301.16M | 250.42M | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | -424.55M | -819.93M | -841.61M | -525.40M | -731.37M | -1.54B | -124.75M | -3.89M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 7.11B | 5.92B | 5.78B | 5.32B | 2.97B | 285.11M | -110.97M | -164.36M |
Investing activities | ||||||||
Purchases Of Investments | -269.20M | -80.73M | -40.16B | -38.72B | -26.33B | -4.94B | -2.76B | 0 |
Investments In Property Plant And Equipment | -84.55M | -25.30M | -25.30M | -15.27M | -25.55M | -8.55M | -7.10M | -5.73M |
Acquisitions Net | -26.23M | 3.34M | -1.45M | 8.83B | -336.2M | -336.2M | 0 | 0 |
Cash generated by investing activities | -11.14B | -7.35B | -6.06B | 892.77M | -8.86B | 327.64M | -1.20B | -5.73M |
Financing activities | ||||||||
Common Stock Issued | 0 | 254.91M | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -941.70M | -988.58M | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -636.17M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 721.35M | 17.85M | -210.16M | -200M | 200M | 0 | 663M | 0 |
Cash used in financing activities | 1.06B | 3.20B | 2.26B | -3.28B | 7.70B | 457.43M | 2.26B | 184.92M |
Net Change In Cash | -2.95B | 1.75B | 1.98B | 2.93B | 1.82B | 1.05B | 950.25M | 14.81M |
Cash at end of period | 7.55B | 10.51B | 8.75B | 6.77B | 3.83B | 2.01B | 956.42M | 14.81M |
| Data source | Data source | Data source | Data source | Data source | Data source |