Qfin (QFIN) reported Q4 non-GAAP net income late Tuesday of 8.23 Chinese renminbi ($1.20) per diluted American depositary share, down from 13.66 renminbi a year earlier.

Total net revenue for the quarter ended Dec. 31 was 4.09 billion renminbi, down from 4.48 billion renminbi a year earlier.

Two analysts surveyed by FactSet expected 4.51 billion renminbi.

Shares of the company were up 1.5% in premarket trade.