In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Qudian has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NYSE:QD - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	228	41	N/A	N/A	N/A
6/30/2024	203	-272	N/A	N/A	N/A
3/31/2024	160	-449	N/A	N/A	N/A
12/31/2023	126	39	-213	352	N/A
9/30/2023	219	646	N/A	N/A	N/A
6/30/2023	284	180	N/A	N/A	N/A
3/31/2023	361	195	N/A	N/A	N/A
12/31/2022	524	-362	-13	261	N/A
9/30/2022	731	-917	N/A	N/A	N/A
6/30/2022	966	-363	N/A	N/A	N/A
3/31/2022	1,273	-32	N/A	N/A	N/A
12/31/2021	1,587	589	444	922	N/A
9/30/2021	1,918	1,328	N/A	N/A	N/A
6/30/2021	2,416	2,014	N/A	N/A	N/A
3/31/2021	3,168	1,924	N/A	N/A	N/A
12/31/2020	3,616	959	2,250	2,472	N/A
9/30/2020	4,839	413	N/A	N/A	N/A
6/30/2020	6,591	864	N/A	N/A	N/A
3/31/2020	7,654	1,828	N/A	N/A	N/A
12/31/2019	8,796	3,264	5,427	5,503	N/A
9/30/2019	8,673	3,904	N/A	N/A	N/A
6/30/2019	8,013	3,544	N/A	N/A	N/A
3/31/2019	8,039	3,125	3,994	4,042	N/A
12/31/2018	7,664	2,491	3,192	3,332	N/A
9/30/2018	7,356	2,264	N/A	N/A	N/A
6/30/2018	6,893	2,231	N/A	N/A	N/A
3/31/2018	5,646	2,015	N/A	2,754	N/A
12/31/2017	4,767	2,164	N/A	2,798	N/A
9/30/2017	4,018	1,924	N/A	2,884	N/A
6/30/2017	2,923	1,428	N/A	2,048	N/A
3/31/2017	2,167	1,022	N/A	1,275	N/A
12/31/2016	1,420	577	N/A	794	N/A
9/30/2016	782	173	N/A	306	N/A
12/31/2015	235	-233	N/A	-102	N/A
12/31/2014	32	-54	N/A	-41	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if QD's forecast earnings growth is above the savings rate (2.6%).

Earnings vs Market: Insufficient data to determine if QD's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if QD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if QD's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if QD's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if QD's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 10:18
End of Day Share Price	2025/02/07 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Qudian Inc. is covered by 13 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Munyoung Cha	BNP Paribas Securities (Asia)
Yaoping Wang	China International Capital Corporation Limited
Jacky Zuo	China Renaissance Securities

Qudian Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased to US$1.12

Consensus forecasts updated

Price target increased to US$1.95

Consensus revenue estimates increase to CN¥2.73b

Consensus forecasts updated

Consensus forecasts updated

Recent updates

Qudian: A Money-Losing Business Saved By Interest Income (Rating Downgrade)

New minor risk - Share price stability

Third quarter 2024 earnings released: EPS: CN¥0.73 (vs CN¥0.84 loss in 3Q 2023)

Qudian: Success With Last-Mile Delivery And More Share Repurchases

Second quarter 2024 earnings released: EPS: CN¥0.54 (vs CN¥0.34 loss in 2Q 2023)

First quarter 2024 earnings released: CN¥0.38 loss per share (vs CN¥1.82 profit in 1Q 2023)

Qudian: 60% Discount To Liquidation Value And Massive Value Creation From Buybacks

Qudian Inc. Announces Changes to Board of Directors

Investor sentiment deteriorates as stock falls 16%

Qudian: The Best Outcome For Shareholders Is Liquidation Of The Company

Full year 2023 earnings released: EPS: CN¥0.18 (vs CN¥1.47 loss in FY 2022)

Qudian: Transformation Into Last-Mile Delivery Business Can Drive Growth

Third quarter 2023 earnings released: CN¥0.84 loss per share (vs CN¥2.64 loss in 3Q 2022)

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 21%

Second quarter 2023 earnings released

Qudian Unveils Last-Mile Delivery Transformation Plan

Now 23% undervalued

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 20%

New minor risk - Earnings quality

Qudian: A $1.4 Billion Cash Cow

First quarter 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.56 loss in 1Q 2022)

Full year 2022 earnings released: CN¥0.74 loss per share (vs CN¥2.32 profit in FY 2021)

Qudian Non-GAAP EPADS of $0.30, revenue of $23.2M

Qudian Regained Compliance with NYSE Minimum Price Provision

Qudian regains compliance with NYSE minimum price requirement

Qudian Inc. Announces Impairment Charges for the Third Quarter of 2022

Third quarter 2022 earnings released: CN¥2.64 loss per share (vs CN¥0.37 loss in 3Q 2021)

Less than half of directors are independent

Qudian Receives Notice Regarding NYSE Continued Listing Standards

Qudian again receives notice regarding NYSE continued listing standards

Second quarter 2022 earnings released: CN¥0.25 loss per share (vs CN¥1.07 profit in 2Q 2021)

Qudian Inc. Reports Impairment Charges for the Second Quarter Ended June 30, 2022

Qudian Non-GAAP EPADS of -$0.03, revenue of $15.7M

Qudian Inc. Regains Compliance with NYSE Minimum Price Requirement

Qudian regains compliance with NYSE listing standards

Qudian's food venture sells 9.56M dishes through recent livestreaming event

First quarter 2022 earnings released: CN¥0.56 loss per share (vs CN¥1.89 profit in 1Q 2021)

Investor sentiment improved over the past week

Qudian Inc. (NYSE:QD) announces an Equity Buyback for $200 million worth of its shares.

Qudian Finds New Business Model In Buying Back Shares

Qudian Inc. Reports Impairment Charges for the First Quarter Ended March 31, 2022

Qudian Receives Notice Regarding NYSE Continued Listing Standards

Qudian Regains Compliance with NYSE Minimum Price Requirement

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Qudian Sees Food For Growth In Prepared Meals, Weighs Exit Of Core Lending Business

Qudian Inc Launches New Strategic Business Initiative in Ready-To-Cook Meals, or QD Food

Qudian Inc. Receives Notice Regarding NYSE Continued Listing Standards

Qudian Headed For Wall Street Exit Door? Not So Fast, Perhaps

Price target decreased to US$1.12

Consensus forecasts updated

Qudian Shares Sink Into Danger Zone As It Fails To Find New Footing

Third quarter 2021 earnings: Revenues miss analyst expectations

Second quarter 2021 earnings released

Price target increased to US$1.95

Consensus revenue estimates increase to CN¥2.73b

Fintech Qudian's Profits Boom, Loans Shrink As It Bets On Direct Lending Model

Party Time: Brokers Just Made Major Increases To Their Qudian Inc. (NYSE:QD) Earnings Forecasts

First quarter 2021 earnings released

Investor sentiment improved over the past week

Qudian Inc.: On Course To Revisiting Those 2021 Highs

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥3.78 (vs CN¥11.72 in FY 2019)

Investor sentiment improved over the past week

Consensus forecasts updated

Consensus forecasts updated

Analysts Are More Bearish On Qudian Inc. (NYSE:QD) Than They Used To Be