Reviewing Qifu Technology (NASDAQ:QFIN) and Abits Group (NASDAQ:ABTS)

Qifu Technology (NASDAQ:QFIN) and Abits Group (NASDAQ:ABTS) are both business services companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, dividends, risk, institutional ownership, valuation, analyst recommendations and earnings.

Profitability

This table compares Qifu Technology and Abits Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Qifu Technology	28.06%	21.82%	10.30%
Abits Group	N/A	N/A	N/A

Insider & Institutional Ownership

74.8% of Qifu Technology shares are owned by institutional investors. Comparatively, 0.2% of Abits Group shares are owned by institutional investors. 17.1% of Qifu Technology shares are owned by insiders. Comparatively, 6.7% of Abits Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Qifu Technology and Abits Group”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Qifu Technology	$14.02 billion	0.32	$603.58 million	$3.86	7.15
Abits Group	$5.34 million	3.33	-$12.59 million	N/A	N/A

Qifu Technology has higher revenue and earnings than Abits Group.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Qifu Technology and Abits Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Qifu Technology	0	0	2	0	3.00
Abits Group	0	0	0	0	N/A

Qifu Technology presently has a consensus target price of $23.80, indicating a potential downside of 13.71%. Given Qifu Technology’s higher probable upside, research analysts clearly believe Qifu Technology is more favorable than Abits Group.

Volatility & Risk

Qifu Technology has a beta of 0.61, indicating that its share price is 39% less volatile than the S&P 500. Comparatively, Abits Group has a beta of 2.71, indicating that its share price is 171% more volatile than the S&P 500.

Summary

Qifu Technology beats Abits Group on 9 of the 11 factors compared between the two stocks.

About Qifu Technology

Qifu Technology, Inc., through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service. The company also offers e-commerce loans, enterprise loans, and invoice loans to SME owners. It serves financial institutions, consumers, and small- and micro-enterprises. The company was formerly known as 360 DigiTech, Inc. and changed its name to Qifu Technology, Inc. in March 2023. The company was founded in 2016 and is headquartered in Shanghai, the People's Republic of China.

About Abits Group

Abits Group Inc., a digital company, engages in the provision of bitcoin mining and related services in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.