Qudian Stock Price, News & Analysis

Qudian (NYSE: QD) reported third quarter 2025 unaudited results for the period ended September 30, 2025. Total revenue fell to RMB8.5 million (US$1.2 million), down 84.5% year-over-year due to winding down of its last-mile delivery business.

Net income attributable to shareholders was RMB409.9 million (US$57.6 million), or RMB2.47 per diluted ADS, supported by an 84.5% increase in interest and investment income and a RMB73.9 million gain on derivative instruments.

The company held RMB7,010.6 million (US$948.8 million) in cash and RMB1,518.7 million restricted cash as of September 30, 2025, and disclosed cumulative ADS repurchases totaling approximately US$765.3 million for 180.6 million ADSs as of November 18, 2025.

Qudian (NYSE: QD) announced its Board approved a proposal to change the company's English name to High Templar Tech Limited and to change its ticker symbol to HTT, each subject to shareholder approval. The Board has called an extraordinary general meeting (EGM) for December 10, 2025 at 10:00 a.m. local time in Xiamen, China to vote on the English name change.

Holders of record at the close of business on November 17, 2025 (New York time) may vote; ADS holders must vote through Deutsche Bank Trust Company Americas. Meeting notice is available on the company's investor relations website.

Qudian (NYSE: QD), a consumer-oriented technology company, announced changes to its board of directors. Mr. Yingming Li has resigned from his position as a director, effective September 23, 2025, citing personal reasons. The company expressed gratitude for Mr. Li's services.

Qudian (NYSE: QD) reported its Q2 2025 financial results, marked by significant changes in its business operations. Total revenues declined 93.5% to RMB3.5 million (US$0.5 million), while net income increased to RMB311.8 million (US$43.5 million). The company announced the strategic decision to wind down its last-mile delivery business due to increased industry competition.

Notable highlights include a substantial increase in interest and investment income of 392.3% to RMB440.5 million. The company maintained a strong cash position with RMB4,029.0 million in cash and cash equivalents. Under its share repurchase program, Qudian has purchased 22.7 million ADSs at an average price of $2.4 per ADS since June 2024, demonstrating continued commitment to shareholder value.

Qudian (NYSE: QD) reported Q1 2025 financial results showing mixed performance. While total revenues declined 53.8% to RMB25.8M ($3.6M) compared to Q1 2024, the company achieved net income of RMB150.1M ($20.7M), a significant turnaround from the previous year's loss of RMB73.6M. The company's last-mile delivery business "Fast Horse" faced intense competition, with revenue dropping to RMB23.8M from RMB53.8M, leading management to consider winding down this operation. Operating costs decreased to RMB91.3M, while interest and investment income surged 205.3% to RMB165.4M. The company maintains a strong cash position of RMB4,822.9M ($664.6M) and continues its share repurchase program, having bought back 21.8M ADSs for approximately $52.0M since June 2024.

Qudian Inc. (NYSE: QD), a consumer-oriented technology company, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission on April 23, 2025.

The report is accessible through the company's investor relations website at http://ir.qudian.com. Shareholders and ADS holders can request a free hard copy of the annual report containing audited consolidated financial statements by contacting the Investor Relations department at the company's headquarters in Xiamen, China.

Qudian (NYSE: QD) has released its Q4 and full-year 2024 financial results. For Q4 2024, total revenues declined to RMB52.2 million (US$7.2 million) from RMB63.8 million year-over-year, with a net loss of RMB66.4 million. The company's last-mile delivery business faced intense competition, with revenue dropping to RMB50.3 million in Q4.

For full-year 2024, total revenues increased by 71.3% to RMB216.4 million, primarily due to growth in the last-mile delivery business. The company reported net income of RMB91.7 million, up from RMB39.1 million in 2023. As of December 31, 2024, Qudian maintained strong liquidity with RMB4,263.3 million in cash and cash equivalents.

The company continues its share repurchase program, having bought back 17.8 million ADSs at an average price of $2.3 per ADS since June 2024, totaling US$41.2 million.

Qudian Inc. (NYSE: QD) announced the appointment of Marcum Asia CPAs LLP as its new independent registered public accounting firm. This change follows a brief appointment of BDO China Shu Lun Pan Certified Public Accountants LLP on September 6, 2024, which was revoked due to BDO's internal resource constraints affecting their ability to meet the Company's audit timeline.

The appointment of Marcum Asia, succeeding Ernst & Young Hua Ming LLP (EY), was approved by Qudian's Audit Committee after careful consideration. The company confirms there were no disagreements with BDO on accounting principles, financial statement disclosure, or auditing procedures. During fiscal years ended December 31, 2023, and the period until January 31, 2025, there were no consultations with Marcum Asia on accounting principles or audit matters. Qudian is working with both EY and Marcum Asia to ensure a smooth transition.

Qudian Inc. (NYSE: QD) reported its Q3 2024 financial results with total revenues of RMB55.0 million (US$7.8 million), an 85.9% increase from Q3 2023. The company achieved net income of RMB131.9 million (US$18.8 million), compared to a net loss of RMB181.2 million in the same period last year. The last-mile delivery business, operating under the brand 'Fast Horse', generated RMB53.5 million in revenue, up from RMB28.6 million in Q3 2023. The company maintains strong liquidity with cash and cash equivalents of RMB4,847.0 million and has continued its share repurchase program, buying back 12.1 million ADSs at an average price of $2.1 per ADS.