CleanSpark (NASDAQ:CLSK – Get Free Report) and Qifu Technology (NASDAQ:QFIN – Get Free Report) are both mid-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their valuation, risk, analyst recommendations, profitability, institutional ownership, dividends and earnings.
Profitability
This table compares CleanSpark and Qifu Technology’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| CleanSpark | 16.07% | -2.61% | -2.24% |
| Qifu Technology | 31.82% | 24.39% | 11.68% |
Analyst Recommendations
This is a summary of current ratings for CleanSpark and Qifu Technology, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| CleanSpark | 0 | 0 | 8 | 0 | 3.00 |
| Qifu Technology | 0 | 0 | 1 | 0 | 3.00 |
Institutional and Insider Ownership
43.1% of CleanSpark shares are owned by institutional investors. Comparatively, 74.8% of Qifu Technology shares are owned by institutional investors. 2.7% of CleanSpark shares are owned by company insiders. Comparatively, 17.1% of Qifu Technology shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Volatility and Risk
CleanSpark has a beta of 4.2, meaning that its share price is 320% more volatile than the S&P 500. Comparatively, Qifu Technology has a beta of 0.59, meaning that its share price is 41% less volatile than the S&P 500.
Earnings & Valuation
This table compares CleanSpark and Qifu Technology”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| CleanSpark | $467.49 million | 4.56 | -$145.78 million | $0.11 | 69.00 |
| Qifu Technology | $14.03 billion | 0.52 | $603.58 million | $4.94 | 9.45 |
Qifu Technology has higher revenue and earnings than CleanSpark. Qifu Technology is trading at a lower price-to-earnings ratio than CleanSpark, indicating that it is currently the more affordable of the two stocks.
Summary
Qifu Technology beats CleanSpark on 8 of the 13 factors compared between the two stocks.
About CleanSpark
CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.
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.
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