Qudian Inc. operates a technology platform for the enhancement of online consumer finance experience in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$1.51|
|52 Week High||US$1.17|
|52 Week Low||US$3.82|
|1 Month Change||-5.63%|
|3 Month Change||-38.37%|
|1 Year Change||21.77%|
|3 Year Change||-69.37%|
|5 Year Change||n/a|
|Change since IPO||-94.83%|
Recent News & Updates
Fintech Qudian's Profits Boom, Loans Shrink As It Bets On Direct Lending Model
Qudian stock is up 12% since June 15, the day it reported its latest results. Qudian disclosed its fourth consecutive quarterly profit and said its bad debts were under control. Shares are down 92% from its October 2017 IPO price, giving it a current market cap of $678 million. QD trades at a P/E ratio of 4.4, or less than half the 9.4 ratio for the broader industry. Qudian’s stock could be at a turning point, leaving investors to figure out which way it will go.
Party Time: Brokers Just Made Major Increases To Their Qudian Inc. (NYSE:QD) Earnings Forecasts
Shareholders in Qudian Inc. ( NYSE:QD ) may be thrilled to learn that the analysts have just delivered a major upgrade...
|QD||US Consumer Finance||US Market|
Return vs Industry: QD underperformed the US Consumer Finance industry which returned 95.9% over the past year.
Return vs Market: QD underperformed the US Market which returned 35.3% over the past year.
Stable Share Price: QD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: QD's weekly volatility (8%) has been stable over the past year.
About the Company
Qudian Inc. operates a technology platform for the enhancement of online consumer finance experience in the People’s Republic of China. Its technology platform enables credit providers to offer consumer credit to young generation of consumers. The company offers small credit products to consumers; merchandise credit products to finance borrowers’ direct purchase of merchandise offered on its marketplace on an installment basis; and loan recommendation and referral services to third-party financial service providers.
Qudian Fundamentals Summary
|QD fundamental statistics|
Is QD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|QD income statement (TTM)|
|Cost of Revenue||CN¥365.96m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||7.96|
|Net Profit Margin||83.38%|
How did QD perform over the long term?See historical performance and comparison
Is Qudian undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: QD ($1.52) is trading below our estimate of fair value ($16.64)
Significantly Below Fair Value: QD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: QD is good value based on its PE Ratio (1.2x) compared to the US Consumer Finance industry average (7.9x).
PE vs Market: QD is good value based on its PE Ratio (1.2x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: QD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: QD is good value based on its PB Ratio (0.2x) compared to the US Consumer Finance industry average (1.7x).
How is Qudian forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QD's earnings are forecast to decline over the next 3 years (-27.1% per year).
Earnings vs Market: QD's earnings are forecast to decline over the next 3 years (-27.1% per year).
High Growth Earnings: QD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: QD's revenue (13.7% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: QD's revenue (13.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QD's Return on Equity is forecast to be low in 3 years time (5.3%).
How has Qudian performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QD has a large one-off gain of CN¥754.6M impacting its June 30 2021 financial results.
Growing Profit Margin: QD's current net profit margins (83.4%) are higher than last year (13.1%).
Past Earnings Growth Analysis
Earnings Trend: QD's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: QD's earnings growth over the past year (133.2%) exceeds its 5-year average (8% per year).
Earnings vs Industry: QD earnings growth over the past year (133.2%) exceeded the Consumer Finance industry 126.5%.
Return on Equity
High ROE: QD's Return on Equity (15.9%) is considered low.
How is Qudian's financial position?
Financial Position Analysis
Short Term Liabilities: QD's short term assets (CN¥12.4B) exceed its short term liabilities (CN¥504.0M).
Long Term Liabilities: QD's short term assets (CN¥12.4B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: QD's debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: QD's debt to equity ratio has reduced from 184.3% to 7.6% over the past 5 years.
Debt Coverage: QD's debt is well covered by operating cash flow (256.7%).
Interest Coverage: QD earns more interest than it pays, so coverage of interest payments is not a concern.
What is Qudian current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate QD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate QD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Min Luo (38 yo)
Mr. Min Luo is Founder, Chairman of Board of Directors, and, since the inception of Qudian Inc. in 2014, has served as Chief Executive Officer. Prior to founding Qudian Inc., Mr. Luo served as a Vice Presi...
Experienced Management: QD's management team is seasoned and experienced (6.7 years average tenure).
Experienced Board: QD's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Qudian Inc.'s employee growth, exchange listings and data sources
- Name: Qudian Inc.
- Ticker: QD
- Exchange: NYSE
- Founded: 2014
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: US$382.163m
- Shares outstanding: 253.09m
- Website: https://www.qudian.com
Number of Employees
- Qudian Inc.
- Tower A
- Level 39
- Fujian Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 23:07|
|End of Day Share Price||2021/09/27 00:00|
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 here.