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

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

Profitability

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

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

Insider & Institutional Ownership

0.2% of Abits Group shares are held by institutional investors. Comparatively, 74.8% of Qifu Technology shares are held by institutional investors. 6.7% of Abits Group shares are held by company insiders. Comparatively, 17.1% of Qifu Technology shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Earnings & Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Abits Group	$5.34 million	3.56	-$12.59 million	N/A	N/A
Qifu Technology	$14.02 billion	0.29	$603.58 million	$3.86	6.48

Qifu Technology has higher revenue and earnings than Abits Group.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Abits Group and Qifu Technology, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Abits Group	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 5.25%. Given Qifu Technology’s higher probable upside, analysts plainly believe Qifu Technology is more favorable than Abits Group.

Volatility & Risk

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

Summary

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

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.

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.