Qudian Inc. ( (QD) ) has released its Q2 earnings. Here is a breakdown of the information Qudian Inc. presented to its investors.
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Qudian Inc. is a consumer-oriented technology company based in China, primarily focused on providing credit solutions and exploring innovative business opportunities leveraging its technology capabilities. In its latest earnings report for the second quarter of 2025, Qudian Inc. reported a significant decline in total revenues to RMB3.5 million compared to RMB53.3 million in the same period last year. However, the company saw a substantial increase in net income attributable to shareholders, reaching RMB311.8 million, up from RMB99.8 million in the previous year. This increase was largely driven by a significant rise in interest and investment income.
Key financial metrics highlighted in the report include a 93.5% decrease in sales income due to increased competition in the last-mile delivery sector, prompting Qudian to wind down this part of its business. Despite this, the company managed to increase its net income significantly, thanks to a 392.3% increase in interest and investment income. Additionally, the company’s operating costs rose slightly, with general and administrative expenses increasing due to higher depreciation and property tax expenses following the completion of its headquarters.
Qudian’s decision to wind down its last-mile delivery business is part of a strategic shift to focus on sustainable growth and shareholder value. The company has also been actively engaging in a share repurchase program, acquiring 22.7 million ADSs for approximately US$54.6 million since June 2024.
Looking forward, Qudian Inc. remains committed to executing its business transition while maintaining prudent cash management to safeguard its balance sheet. The company’s management is focused on leveraging its technology capabilities to explore new business opportunities and drive future growth.