Qifu Technology is a holding company. Through its subsidiaries, Co. is engaged in matching individual borrowers with credit demand to a pool of financial institutions with credit to supply through a digital consumer finance platform. Under the credit driven services category, Co. provides customer acquisition, initial credit screening, collection and other post lending services to facilitate transactions in addition to matching borrowers with funding sources. Under the capital-light model, Co. helps its financial institution partners provide loans directly to borrowers by utilizing its technology capabilities, conducting preliminary risk analysis and providing post-facilitation services. The QFIN YTD return is shown above.
The YTD Return on the QFIN YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether QFIN YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the QFIN YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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