360 Finance is a holding company. Through its subsidiaries, Co. is engaged in providing online consumer finance products to the borrowers funded by institutional funding partners through a digital consumer finance platform. Co.'s primary product is a digital revolving line of credit which allows multiple loan drawdowns, with an application process and loan tenors. Co.'s product is provided under the 360 Jietiao brand. In addition to matching borrowers with funding sources, Co. provides incremental credit assessment, collection and other services to facilitate transactions for a substantial portion of loans originated through its platform. Co. also provides guarantee for defaulted loans. The QFIN stock yearly return is shown above.
The yearly return on the QFIN stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the QFIN annual return calculation with any dividends reinvested as applicable (on ex-dates).
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