Qudian Inc. (QD) — Financial statements
Income statement, balance sheet, and cash flow for Qudian Inc. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 216↑71.3% | 126↓78.1% | 577↓65.1% | 1,654↓55.2% | 3,688 | |
| Cost of Revenue | 201↑25.6% | 160↓58.2% | 383↑28.2% | 299↓65.4% | 862 | |
| Gross Profit | 15↑145.6% | -34↓117.4% | 194↓85.7% | 1,355↓52.0% | 2,826 | |
| Operating Expenses | ||||||
| R&D Expenses | 58↑22.4% | 48↓18.0% | 58↓58.7% | 141↓17.2% | 171 | |
| General & Administrative Expenses | 277↑1.1% | 274↓4.8% | 287↓35.2% | 443↑55.0% | 286 | |
| Selling & Marketing Expenses | 6↑54.6% | 4↓98.6% | 272↑113.2% | 127↓56.6% | 293 | |
| SG&A Expenses | 282↑1.8% | 277↓50.4% | 559↓2.0% | 571↓1.5% | 579 | |
| Other Expenses | -17↑37.9% | -28↑70.1% | -93↑66.5% | -279↓123.1% | 1,210 | |
| Operating Expenses | 324↑8.9% | 297↓43.3% | 524↑21.1% | 433↓77.9% | 1,960 | |
| Total Costs & Expenses | 525↑14.7% | 457↓49.6% | 907↑24.0% | 731↓74.1% | 2,822 | |
| Operating Results | ||||||
| Operating Income | -308↑6.9% | -331↓0.5% | -330↓135.7% | 923↑6.6% | 866 | |
| Depreciation & Amortization | 55↑34.4% | 41↓35.8% | 64↓35.3% | 99↑126.3% | 44 | |
| EBITDA | 213↑49.2% | 143↑170.7% | -202↓121.0% | 962↓25.5% | 1,292 | |
| EBIT | 158↑55.2% | 101↑138.1% | -266↓130.9% | 862↓30.9% | 1,248 | |
| Interest & Other Income | ||||||
| Net Interest Income | 146↑31.5% | 111↑80.4% | 61↑159.0% | 24↓96.2% | 622 | |
| Interest Income | 146↑31.5% | 111↑70.8% | 65↑63.4% | 40↓93.9% | 650 | |
| Interest Expense | 0.00 | 0.00↓100.0% | 3↓78.5% | 16↓41.0% | 27 | |
| Non-Operating Income | -466↓7.7% | -432↓583.0% | -63↓205.0% | 60↑115.8% | -382 | |
| Other Income / Expenses | 466↑7.7% | 432↑622.3% | 60↑178.5% | -76↓121.5% | 355 | |
| Income Before Tax | 158↑55.2% | 101↑137.6% | -270↓131.9% | 846↓30.7% | 1,221 | |
| Income Tax Expense | 66↑5.6% | 62↓32.6% | 92↓64.5% | 260↓0.6% | 262 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 92↑134.4% | 39↑110.8% | -362↓161.8% | 586↓38.9% | 959 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 92↑134.4% | 39↑110.8% | -362↓161.4% | 589↓38.6% | 959 | |
| Bottom-Line Net Income | 92↑134.4% | 39↑110.8% | -362↓161.4% | 589↓38.6% | 959 | |
| EPS (Basic) | 0.50↑177.8% | 0.18↑112.2% | -1.47↓163.4% | 2.32↓38.6% | 3.78 | |
| EPS (Diluted) | 0.49↑172.2% | 0.18↑112.2% | -1.47↓164.8% | 2.27↓36.8% | 3.59 | |
| Weighted Average Shares | 183↓15.8% | 217↓11.7% | 246↓2.9% | 253↓5.0% | 267 | |
| Weighted Average Diluted Shares | 188↓14.8% | 220↓10.4% | 246↓7.6% | 266↓2.9% | 274 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.