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Qudian Inc. (QD) 10-Year Financial Performance & Capital Metrics

QD • • Banking & Credit
Financial ServicesCredit ServicesFintech Platforms & Digital LendingChinese Fintech Platforms
AboutQudian Inc. operates as a consumer-oriented technology company in the People's Republic of China. The company provides small cash credit products to consumers; and financial leasing and financing guarantee services, as well as technology development and services. It also offers ready-to-cook meal products for working-class consumers. The company was founded in 2014 and is headquartered in Xiamen, the People's Republic of China.Show more
  • Net Interest Income $146M +31.5%
  • Total Revenue $216M +71.3%
  • Net Income $92M +134.4%
  • Return on Equity 0.8% +142.1%
  • Net Interest Margin 1.17% +31.7%
  • Efficiency Ratio 149.5% -36.5%
  • ROA 0.74% +137.1%
  • Equity / Assets 90.59% -3.3%
  • Book Value per Share 60.13 +13.4%
  • Tangible BV/Share 60.12 +13.4%
  • Debt/Equity 0.07 +1069.5%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Well capitalized: 90.6% equity/assets
  • ✓Share count reduced 14.8% through buybacks
  • ✓Diversified revenue: 32.7% from non-interest income
  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗Profits declining 51.1% over 5 years
  • ✗Weak NIM of 1.2%
  • ✗High cost structure: 149.5% efficiency ratio
  • ✗Weak momentum: RS Rating 19 (bottom 19%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y21%
5Y-52.38%
3Y-49.23%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-51.05%
3Y-46.2%
TTM293.82%

EPS CAGR

10Y-
5Y-46.19%
3Y-40.01%
TTM343.55%

ROCE

10Y Avg18.72%
5Y Avg1.06%
3Y Avg-2.67%
Latest-2.67%

Peer Comparison

Chinese Fintech Platforms
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
QDQudian Inc.304.91M3.006.1271.31%42.38%4.56%0.07
NISNNisun International Enterprise Development Group Co., Ltd5.73M1.205.20-12.17%0.27%8.76%0.04
LULufax Holding Ltd2.25B2.600.84-39.62%2.13%-3.92%100%0.48
FINVFinVolution Group736.79M5.260.583.69%18.24%16.74%100%0.00
LXLexinFintech Holdings Ltd.415.01M3.130.488.78%7.75%13.91%100%0.49
QFINQfin Holdings, Inc.2.2B16.890.205.38%36.49%28.34%100%0.07
YRDYiren Digital Ltd.343.9M3.980.1118.59%27.25%12.13%100%0.00
XYFX Financial136.82M6.000.0379.16%26.23%22.61%100%0.05

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+2.12M3.26M21.36M35.78M20.18M622.41M23.7M61.38M110.75M145.62M
NII Growth %-0.53%5.56%0.67%-0.44%29.84%-0.96%1.59%0.8%0.31%
Net Interest Margin %----------
Interest Income2.12M3.26M21.36M35.78M20.87M649.51M39.68M64.82M110.75M145.62M
Interest Expense000023.93M27.11M15.98M3.44M00
Loan Loss Provision148.42M267.86M880.85M2.74B877.85M835.25M282.74M379.65M160.11M201.02M
Non-Interest Income+232.88M1.44B4.75B7.66B8.82B3.04B1.61B512.67M15.59M70.81M
Non-Interest Income %----------
Total Revenue+235.01M1.44B4.78B7.69B8.84B3.69B1.65B577.49M126.34M216.43M
Revenue Growth %6.3%5.14%2.31%0.61%0.15%-0.58%-0.55%-0.65%-0.78%0.71%
Non-Interest Expense317.67M461.91M1.47B2.27B4.09B1.96B432.62M523.9M297.23M323.55M
Efficiency Ratio----------
Operating Income+-231.08M713.07M2.42B2.69B3.85B865.6M922.7M-329.5M-331.01M-308.15M
Operating Margin %----------
Operating Income Growth %-3.25%4.09%2.4%0.11%0.43%-0.78%0.07%-1.36%-0%0.07%
Pretax Income+-233.16M703.49M2.42B2.65B3.89B1.22B846.41M-269.62M101.47M157.54M
Pretax Margin %----------
Income Tax+0126.84M255.55M157.73M626.23M261.98M260.48M92.43M62.34M65.81M
Effective Tax Rate %----------
Net Income+-233.16M576.65M2.16B2.49B3.26B958.82M589.07M-361.96M39.13M91.73M
Net Margin %----------
Net Income Growth %-3.29%3.47%2.75%0.15%0.31%-0.71%-0.39%-1.61%1.11%1.34%
Net Income (Continuing)-233.16M576.65M2.16B2.49B3.26B958.82M585.93M-362.05M39.13M91.73M
EPS (Diluted)+-2.941.757.097.7410.863.592.27-1.470.180.49
EPS Growth %-3.26%1.6%3.05%0.09%0.4%-0.67%-0.37%-1.65%1.12%1.72%
EPS (Basic)-2.941.757.127.8211.723.782.32-1.470.180.50
Diluted Shares Outstanding79.31M329.86M305.22M321.96M300.46M274.33M266.29M246.04M220.46M187.78M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks210.11M785.77M6.83B2.5B2.86B1.54B2.07B3.5B7.21B4.26B
Short Term Investments1000K1000K1000K01000K1000K1000K1000K1000K1000K
Total Investments+49M495.39M344.52M33.2M499.07M5.6B6.3B5.73B2.54B3.35B
Investments Growth %-9.11%-0.3%-0.9%14.03%10.22%0.12%-0.09%-0.56%0.32%
Long-Term Investments065.19M44.52M33.2M267.94M559.14M371.65M350.1M347.4M225.09M
Accounts Receivables1000K1000K1000K1000K1000K1000K1000K1000K-1000K1000K
Goodwill & Intangibles+----------
Goodwill000000025800
Intangible Assets28.81K128.3K5.91M113.81M6.8M8.48M09.7M02.21M
PP&E (Net)1.88M4.89M4.61M26.22M241.67M513.87M959.71M877.03M1.47B1.74B
Other Assets229.14M100.66M24.34M1.35B531.42M471.11M443.38M451.08M498.84M353.37M
Total Current Assets2.44B6.93B19.19B14.49B17.02B11.69B12.22B11.06B10.16B10.14B
Total Non-Current Assets231.05M188.66M194.84M1.76B1.34B1.71B1.87B1.69B2.32B2.32B
Total Assets+2.68B7.12B19.38B16.25B18.36B13.4B14.09B12.75B12.48B12.46B
Asset Growth %3.92%1.66%1.72%-0.16%0.13%-0.27%0.05%-0.1%-0.02%-0%
Return on Assets (ROA)-0.14%0.12%0.16%0.14%0.19%0.06%0.04%-0.03%0%0.01%
Accounts Payable20.54M91.51M130.89M109.8M88.91M50.37M109.76M107.88M135.61M135.24M
Total Debt+1.65B4.26B8.49B4.27B3.43B1.03B1.03B152.05M69.7M787.4M
Net Debt1.44B3.47B1.66B1.77B571.8M-509.14M-1.03B-3.35B-7.14B-3.48B
Long-Term Debt89.36M76.05M510.02M413.4M2.34B924.42M826.71M116.25M00
Short-Term Debt1.56B4.18B7.98B3.86B1.05B0029.06M0720M
Other Liabilities5.94B5.94B000010.01M-23300
Total Current Liabilities3.22B4.53B9.33B5.02B3.9B472.61M493.52M584.93M754.49M1.12B
Total Non-Current Liabilities6.03B6.02B510.02M413.4M2.54B1.02B1.07B118.79M39.76M48.71M
Total Liabilities9.25B10.55B9.84B5.43B6.44B1.49B1.57B703.72M794.24M1.17B
Total Equity+-6.58B-3.43B9.54B10.82B11.92B11.91B12.52B12.04B11.69B11.29B
Equity Growth %-171.77%0.48%3.78%0.13%0.1%-0%0.05%-0.04%-0.03%-0.03%
Equity / Assets (Capital Ratio)----------
Return on Equity (ROE)--0.71%0.24%0.29%0.08%0.05%-0.03%0%0.01%
Book Value per Share-82.91-10.4031.2633.6139.6943.4147.0348.9553.0260.13
Tangible BV per Share----------
Common Stock054.75K220.98K205.28K175.47K176K175.89K176K175.89K175.89K
Additional Paid-in Capital58.32M80.46M7.57B6.16B3.97B4.01B4.02B4.04B4.03B4.03B
Retained Earnings-6.63B-3.51B2.47B5.07B8.33B8.32B8.9B8.54B8.58B8.67B
Accumulated OCI00-77.95M-44.86M-12.97M-51.42M-59M-45.96M-24.13M13.75M
Treasury Stock00-421.16M-362.13M-362.13M-371.55M-346.32M-486.95M-899.63M-1.42B
Preferred Stock000004710000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-102.32M794.06M3.08B3.33B5.5B2.47B922.07M260.87M352.02M-111M
Operating CF Growth %-1.51%8.76%2.87%0.08%0.65%-0.55%-0.63%-0.72%0.35%-1.32%
Net Income-233.16M576.65M2.16B2.49B3.26B958.82M585.93M-362.05M39.13M91.73M
Depreciation & Amortization681K1.5M5.79M12.07M46.2M43.95M99.47M64.33M41.27M55.47M
Deferred Taxes44.35M146.63M-97.67B-127.95B2.28B1.34B204.68M000
Other Non-Cash Items17.56M24.6M98.31B129.22B23.93M27.11M15.98M258.53M-120.89M-48.91M
Working Capital Changes12.65M22.54M208.72M-499.88M-194.94M52.28M-19.35M276.01M387.57M-211.54M
Cash from Investing+-1.86B-3.6B-705.57M-2.79B-929.56M-3.27B-246.58M1.88B3.9B-2.34B
Purchase of Investments-877.24M-4.91B-1.16B-1.35B-676.94M-16.88B-19.86B-15.54B-19.22B-12.6B
Sale/Maturity of Investments1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Net Investment Activity----------
Acquisitions0-70M-4000-15M-738.76M0-32.15M0-14M
Other Investing-1.82B-3.14B-824.47M-2.96B-619.04M2.7B1.29B1.67B-77.57M-4.92M
Cash from Financing+2.18B3.38B3.75B-6.73B-3.37B-1.59B-84.19M-834.99M-565.97M186.84M
Dividends Paid0-838.43M00000000
Share Repurchases00-421.16M-1.41B-2.09B-15.53M0-145.87M-420.66M-533.16M
Stock Issued005.34B0010M0000
Net Stock Activity----------
Debt Issuance (Net)1000K1000K1000K-1000K-1000K-1000K-1000K-1000K-1000K1000K
Other Financing997.26M1.63B-5.33B63.6M-423.93M209.79M-7.72M1412130
Net Change in Cash+208.19M575.66M6.05B-6.24B1.28B-2.45B570.46M1.33B3.69B-2.22B
Exchange Rate Effect00-1000K-1000K1000K-1000K-1000K1000K1000K1000K
Cash at Beginning1.93M210.11M785.77M9.08B2.84B4.12B1.67B2.24B3.57B7.27B
Cash at End210.11M785.77M6.83B2.84B4.12B1.67B2.24B3.57B7.27B5.04B
Interest Paid0193.35M565.45M609.83M361.72M26.08M7.72M1.71M00
Income Taxes Paid054.37M231.13M208.64M263.97M638.41M137.55M59.11M43.37M144.22M
Free Cash Flow+-103.83M789.46M3.06B3.19B5.43B2.25B443.63M-12.76M-213.01M-429M
FCF Growth %-1.46%8.6%2.88%0.04%0.7%-0.59%-0.8%-1.03%-15.7%-1.01%

Banking Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)--70.85%24.47%28.7%8.05%4.82%-2.95%0.33%0.8%
Return on Assets (ROA)-14.48%11.78%16.34%13.98%18.86%6.04%4.29%-2.7%0.31%0.74%
Net Interest Margin0.08%0.05%0.11%0.22%0.11%4.65%0.17%0.48%0.89%1.17%
Efficiency Ratio135.17%32.01%30.85%29.48%46.26%53.15%26.16%90.72%235.27%149.5%
Equity / Assets-245.75%-48.2%49.23%66.57%64.94%88.89%88.88%94.48%93.64%90.59%
Book Value / Share-82.91-10.431.2633.6139.6943.4147.0348.9553.0260.13
NII Growth-53.29%555.97%67.49%-43.59%2983.82%-96.19%159.01%80.42%31.49%
Dividend Payout-145.4%--------

Revenue by Segment

20172018201920202021202220232024
Sales Income-2.17B431.95M-100.67M82.62M126.34M12.68M
Sales Income Growth---80.14%---17.93%52.92%-89.96%
Service, Other--44.35M72.23M67.32M53.45M--
Service, Other Growth---62.86%-6.81%-20.61%--
Sales Commission Fee-307.49M356.81M80.99M35.41M115.04K--
Sales Commission Fee Growth--16.04%-77.30%-56.28%-99.68%--
Deposit Account-28.01M------
Deposit Account Growth--------
Installment Credit Services4.75B-------
Installment Credit Services Growth--------
Automobile Leasing Services26.12M-------
Automobile Leasing Services Growth--------

Frequently Asked Questions

Valuation & Price

Qudian Inc. (QD) has a price-to-earnings (P/E) ratio of 6.1x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Qudian Inc. (QD) grew revenue by 71.3% over the past year. This is strong growth.

Yes, Qudian Inc. (QD) is profitable, generating $527.4M in net income for fiscal year 2024 (42.4% net margin).

Dividend & Returns

Qudian Inc. (QD) has a return on equity (ROE) of 0.8%. This is below average, suggesting room for improvement.

Industry Metrics

Qudian Inc. (QD) has a net interest margin (NIM) of 1.2%. NIM has been under pressure due to interest rate environment.

Qudian Inc. (QD) has an efficiency ratio of 149.5%. This is higher than peers, suggesting room for cost optimization.

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