Qudian (QD) AI Stock Analysis

• Market Cap: $655.55M
• Dividend Yield: N/A
• Average Volume (3M): 294.65K
• Price to Earnings (P/E): 5.9
• Beta (1Y): 0.86
• Revenue Growth: -62.48%
• EPS Growth: 1441.74%
• Country: US
• Employees: 262
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): 0.34
• Shares Outstanding: 125,912,680
• 10 Day Avg. Volume: 266,202
• 30 Day Avg. Volume: 294,649
• PEG Ratio: 0.23
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 17.39
• P/FCF Ratio: -8.77
• Enterprise Value/Market Cap: -1.01
• Enterprise Value/Revenue: -4.85
• Enterprise Value/Gross Profit: -62.44
• Enterprise Value/Ebitda: -4.22
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: $5.00 ▲(2.46% Upside)

Qudian's overall stock score reflects significant financial performance challenges, particularly in revenue and profitability, which are partially offset by stable technical indicators and reasonable valuation. The lack of earnings call and corporate events data limits further insights.

Positive Factors

Low Leverage

Low leverage enhances financial stability and reduces risk, allowing Qudian to navigate economic fluctuations without excessive debt burden.

Strategic Focus Shift

Refocusing on core strengths can improve profitability and market positioning, aligning resources with areas of competitive advantage.

Strong Equity Levels

Strong equity levels provide a buffer against financial instability, supporting long-term investments and strategic initiatives.

Negative Factors

Declining Revenue

Continued revenue decline indicates challenges in maintaining market share and competitiveness, impacting long-term growth prospects.

Operational Inefficiencies

Operational inefficiencies can erode profitability, necessitating strategic adjustments to improve cost management and operational execution.

Cash Flow Volatility

Volatile cash flow can strain liquidity, limiting the company's ability to invest in growth opportunities and manage financial obligations.

Qudian Business Overview & Revenue Model

Company Description

Qudian Inc. is a leading fintech company based in China, primarily focused on providing innovative credit solutions and financial services to consumers. The company operates in the consumer finance sector, offering a range of services including online credit products, installment loans, and payment solutions through its mobile platform. Qudian leverages technology to assess creditworthiness and enhance user experience, targeting the underbanked population in China.

How the Company Makes Money

Qudian generates revenue primarily through interest income from loans provided to consumers and fees associated with its financial products. The company's main revenue streams include loan origination fees, service fees, and interest payments on the loans it issues. Additionally, Qudian has established partnerships with various e-commerce platforms and merchants, allowing it to offer point-of-sale financing and promotional credit solutions, which contribute to its earnings. The company also monetizes data analytics and risk management services, enhancing its overall revenue model.

Qudian Financial Statement Overview

Summary

Qudian's financial performance is challenged by declining revenue and profitability, with negative growth and operational inefficiencies. The balance sheet shows stability with low leverage, but cash flow volatility indicates liquidity concerns.

Income Statement

Qudian's income statement reflects significant challenges. Revenue has experienced a sharp decline from 2019 to 2024, with recent periods showing negative growth. The gross profit margin has deteriorated, turning negative in 2023, and the net profit margin has been inconsistent, though it was positive in 2024. The EBIT margin and EBITDA margin also highlight operational inefficiencies, particularly in the latest year with negative EBIT. These trends suggest declining profitability and potential operational challenges.

Balance Sheet

The balance sheet remains relatively stable with strong equity levels, as indicated by a high equity ratio. The company has maintained a low debt-to-equity ratio, suggesting prudent leverage management. However, the return on equity has fluctuated, indicating potential challenges in generating returns on shareholder investments. Overall, the company's balance sheet reflects financial stability but mixed profitability performance.

Cash Flow

Qudian's cash flow statement indicates volatility, particularly with free cash flow, which was negative in recent years, reflecting potential liquidity challenges. The operating cash flow to net income ratio has shown inconsistency, suggesting issues in converting earnings to cash. Despite these challenges, the company has managed positive financing cash flow in the latest period, indicating external funding support. The cash flow trends highlight liquidity management as a key area for improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	136.53M	216.43M	126.34M	577.49M	1.65B	3.69B
Gross Profit	10.60M	15.40M	-33.78M	194.40M	1.36B	2.83B
EBITDA	156.76M	213.00M	142.75M	-201.86M	961.87M	1.29B
Net Income	527.42M	91.73M	39.13M	-361.96M	589.07M	958.82M
Balance Sheet
Total Assets	12.75B	12.46B	12.48B	12.75B	14.09B	13.40B
Cash, Cash Equivalents and Short-Term Investments	8.64B	7.39B	9.40B	8.88B	7.99B	6.58B
Total Debt	732.48M	787.40M	69.70M	152.05M	1.03B	1.03B
Total Liabilities	1.17B	1.17B	794.24M	703.72M	1.57B	1.49B
Stockholders Equity	11.58B	11.29B	11.69B	12.04B	12.52B	11.90B
Cash Flow
Free Cash Flow	0.00	-429.00M	-213.01M	-12.76M	443.63M	2.25B
Operating Cash Flow	0.00	-111.00M	352.02M	260.87M	922.07M	2.47B
Investing Cash Flow	0.00	-2.34B	3.90B	1.88B	-246.58M	-3.27B
Financing Cash Flow	0.00	186.84M	-565.97M	-834.99M	-84.19M	-1.59B

Qudian Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.88
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QD, the sentiment is Negative. The current price of 4.88 is above the 20-day moving average (MA) of 4.62, above the 50-day MA of 4.62, and above the 200-day MA of 3.64, indicating a neutral trend. The MACD of -0.14 indicates Positive momentum. The RSI at 36.14 is Neutral, neither overbought nor oversold. The STOCH value of 11.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QD.

Qudian Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FINV	71 Outperform	$1.25B	3.36	17.76%	5.31%	9.32%	29.40%
YRD	70 Outperform	$375.00M	2.17	12.53%	9.70%	10.48%	-30.67%
LX	69 Neutral	$551.90M	2.34	16.16%	9.33%	-0.14%	136.31%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
QD	63 Neutral	$655.55M	5.92	6.75%	―	-62.48%	1441.74%
GDOT	61 Neutral	$734.35M	―	-5.09%	―	23.12%	19.37%
FOA	51 Neutral	$380.96M	―	-0.27%	―	93.57%	-106.02%

Qudian Corporate Events

Qudian Inc. Reports Q3 2025 Financial Results Amid Business Transition

Qudian Inc. reported its unaudited financial results for the third quarter of 2025, showing a significant decrease in total revenues to RMB8.5 million due to the winding down of its last-mile delivery business. Despite this, the company achieved a substantial increase in net income attributable to shareholders, reaching RMB409.9 million, primarily driven by increased interest and investment income. The company is focusing on efficient cash management and exploring new business opportunities to enhance long-term shareholder value.

Qudian Inc. Plans Rebranding with New Name and Ticker Symbol

On November 12, 2025, Qudian Inc. announced that its board of directors approved a change in the company’s English name to High Templar Tech Limited and its ticker symbol to HTT, pending shareholder approval. An extraordinary general meeting is scheduled for December 10, 2025, to seek this approval, with shareholders of record as of November 17, 2025, entitled to vote.

Qudian Inc. Announces Board of Directors Change

On September 24, 2025, Qudian Inc. announced the resignation of Mr. Yingming Li from its board of directors, effective September 23, 2025, due to personal reasons. The company expressed gratitude for Mr. Li’s contributions. This change may impact the company’s board dynamics and strategic direction as it continues to explore new business opportunities.