Critical Comparison: Qifu Technology (NASDAQ:QFIN) and Griid Infrastructure (NASDAQ:GRDI)

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Griid Infrastructure	N/A	-50.86%	58.47%
Qifu Technology	28.06%	21.82%	10.30%

Insider and Institutional Ownership

77.8% of Griid Infrastructure shares are held by institutional investors. Comparatively, 74.8% of Qifu Technology shares are held by institutional investors. 17.1% of Qifu Technology shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Griid Infrastructure and Qifu Technology, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Griid Infrastructure	0	0	0	0	N/A
Qifu Technology	0	0	2	0	3.00

Qifu Technology has a consensus target price of $23.80, indicating a potential downside of 2.70%. Given Qifu Technology’s higher probable upside, analysts plainly believe Qifu Technology is more favorable than Griid Infrastructure.

Earnings & Valuation

This table compares Griid Infrastructure and Qifu Technology’s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Griid Infrastructure	$20.94 million	3.09	-$18.66 million	N/A	N/A
Qifu Technology	$14.02 billion	0.28	$603.58 million	$3.86	6.34

Qifu Technology has higher revenue and earnings than Griid Infrastructure.

Summary

Qifu Technology beats Griid Infrastructure on 7 of the 10 factors compared between the two stocks.

About Griid Infrastructure

Griid Infrastructure Inc. operates as a vertically integrated bitcoin mining company in North America. The company owns and operates a portfolio of energy infrastructure and data centers. It also engages in bitcoin mining operation, which operates specialized computers that generate cryptocurrency. The company was founded in 2018 and is based in Cincinnati, Ohio.

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.