Sergio Andrews
29 de sep de 20212 min.
It seems too good to be true. This trade has a high regulatory risk, but the figures of the companies I think warrant at least looking at it.
Evolution of the Price to Earnings Ratio in the last 12 months
The company is 360 Digitech and its ticker is QFIN on the Nasdaq. The stock is down 65% since August 19th (from its peak), due to the fear that the Chinese Communist Government inspired among investors with the increase in regulation in various industries for several months. The "peak" of that fear was reflected in the news of July 8th in which it was learned that Chinese regulators requested to remove the company's application from several "App Stores" (including Android), due to an investigation that was carried out. The investigation started in May of this year (not only to 360 Digitech but also to 84 other apps), due to possible misuse of customer information. However, the company has already rectified the fact and its app was uploaded again.
Today the company has more than 50% of the loans granted to its clients through SAAS modules where it has moved to a model that sells Risk Scores of clients to credit providers in a "Light Capital" concept. This has increased margins and decreased the company's capital risk.
An action worth looking at.
Nota: Esto no es una recomendación ni sugerencia de inversión, sino que sólo compartimos nuestras ideas de activos que nos parecen interesantes de mirar. Ud. debería consultar con su Asesor de Inversiones antes de tomar cualquier decisión de compra o venta. El resultado de la compra de cualquiera de los instrumentos mencionados en estas notas, es 100% su responsabilidad ya sea utilidad o pérdida.