Qudian (QD) Company Overview

XIAMEN, China , Jan. 31, 2025 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company, today announced the appointment of Marcum Asia CPAs LLP ("Marcum Asia") as the Company's new independent registered public accounting firm. The Company previously announced the appointment of BDO China Shu Lun Pan Certified Public Accountants LLP ("BDO") as its independent registered public accounting firm on September 6, 2024.

XIAMEN, China , Nov. 22, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company in China, today announced its unaudited financial results for the quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights: Total revenues were RMB55.0 million (US$7.8 million), compared to RMB29.6 million for the same period of last year Net income attributable to Qudian's shareholders was RMB131.9 million (US$18.8 million), compared to net loss of RMB181.2 million for the same period of last year; net income per diluted ADS was RMB0.71 (US$0.10) for the third quarter of 2024 Non-GAAP net income attributable to Qudian's shareholders was RMB131.9 million (US$18.8 million), compared to Non-GAAP net loss of RMB179.8 million for the same period of last year.

Qudian's transition to last-mile delivery in New Zealand and Australia shows progress, boosting shareholder confidence amid past uncertainties. The latest quarterly report reveals a profit for the first time in over a year. Active share repurchase agreements have led to significant value creation, with $68 million spent on buybacks, enhancing shareholder value because the stock being undervalued.

XIAMEN, China , Sept. 6, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company in China, today announced its unaudited financial results for the quarter ended June 30, 2024.

XIAMEN, China , June 13, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company in China, today announced its unaudited financial results for the quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: Total revenues were RMB55.8 million (US$7.7 million), compared to RMB21.9 million for the same period of last year Net loss attributable to Qudian's shareholders was RMB73.6 million (US$10.2 million), compared to net income of RMB414.3 million for the same period of last year; net loss per diluted ADS was RMB0.38 (US$0.05) for the first quarter of 2024 Non-GAAP net loss attributable to Qudian's shareholders was RMB73.5 million (US$10.2 million), compared to Non-GAAP net income of RMB416.0 million for the same period of last year.

The company's current valuation is less than $500 million, with a liquidation value of $1.3 billion, representing a 60% discount. Qudian has conducted two share repurchase programs, purchasing shares at a substantial discount and creating significant value for shareholders. The $94 million spent on the programs has generated a total value of $320 million for shareholders.