Qudian Stock Price, News & Analysis

Qudian Inc. (NYSE: QD) announced that founder and CEO Min Luo intends to purchase up to US$10 million of the company's American depository shares (ADSs) over the next 12 months. This move is seen as a vote of confidence in Qudian's business potential, with Luo highlighting the undervaluation of the stock and the company's solid balance sheet. The purchases will comply with legal regulations and will depend on market conditions. Qudian focuses on enhancing online consumer finance in China, making credit accessible to young consumers.

Qudian Inc. (NYSE: QD) reported its financial results for Q3 2021, revealing total revenues of RMB347.4 million, down 59.1% from RMB849.4 million in Q3 2020. The net loss attributable to shareholders was RMB94.2 million, contrasting sharply with a profit of RMB592.3 million in the prior year. Key operational metrics showed a 3.1% decline in outstanding borrowers and a 14.4% reduction in total outstanding loan balance to RMB3.0 billion. The company emphasized a prudent operational strategy while expressing confidence in future growth despite current challenges.

Qudian Inc. (NYSE: QD) will announce its third quarter 2021 financial results on December 13, 2021. The earnings report will be released before U.S. markets open. An earnings conference call is scheduled for 7:00 AM ET on the same day, allowing participants to discuss the results. To join the call, registration is required 15 minutes before the start time, and details for accessing the call will be provided post-registration. A replay will be available until December 20, 2021.

Qudian Inc. (NYSE: QD) reported its financial results for Q2 2021, revealing a substantial decline in total revenues, down 64.7% year-over-year to RMB412.1 million (US$63.8 million). The decrease in outstanding borrowers by 3.8% and outstanding loan balance by 13.8% reflects a conservative strategy. However, net income surged by 50.7% to RMB269.9 million (US$41.8 million), with non-GAAP net income rising 844.0% to RMB282.5 million (US$43.7 million). The company improved its asset quality with a delinquency rate below 5%. Future expansions include new WLM KIDS centers.

Qudian Inc. (NYSE: QD), a leading Chinese technology platform, is set to report its unaudited financial results for Q2 2021 on August 24, 2021, before U.S. markets open. The earnings conference call will occur at 7:00 AM ET on the same day. Investors and interested parties can register for the call online. Qudian's mission is to enhance online consumer finance for young consumers in China, offering tailored credit solutions where traditional financial institutions fall short. A live and archived webcast will be available on their investor relations site.

Qudian Inc. (NYSE: QD) reported its Q1 2021 financial results, revealing total revenues of RMB515.7 million (US$78.7 million), down 46.2% year-over-year. Notably, net income soared to RMB478.4 million (US$73.0 million) compared to a loss of RMB486.5 million in Q1 2020. The company’s cash and cash equivalents stood at RMB2.2 billion (US$333.9 million). However, the number of outstanding borrowers decreased by 8% to 3 million, reflecting a conservative lending strategy. The D1 delinquency rate improved to below 5%, indicating enhanced asset quality amidst regulatory challenges.

Qudian Inc. (NYSE: QD) will report its unaudited financial results for Q1 2021 on June 15, 2021, before U.S. market open. An earnings conference call will be hosted on the same day at 7:00 AM ET. The Company focuses on enhancing online consumer finance experiences in China, targeting young consumers with personalized credit solutions. Interested participants can register online for the call and access related information via the Company’s investor relations website. A replay will be available until June 22, 2021.

Qudian Inc. (NYSE: QD) filed its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC on April 29, 2021. The report is accessible on the company's investor relations website. Qudian aims to enhance the online consumer finance experience in China, providing personalized credit solutions to underserved young consumers. The company offers audited consolidated financial statements to shareholders and ADS holders upon request. For more details, visit their website.

Qudian Inc. (NYSE: QD) reported its unaudited financial results for Q4 and full year 2020, highlighting a substantial revenue decline. Q4 revenues dropped 63.1% to RMB713.6 million (US$109.4 million), while full year revenue fell 58.3% to RMB3,688.0 million (US$565.2 million). However, net income surged 427.0% year-on-year in Q4 to RMB673.9 million (US$103.3 million). The total loan balance decreased by over 24% due to a conservative lending strategy, while the D1 delinquency rate improved to 11%. Despite challenges, the firm aims to explore growth areas in 2021.