Qudian(QD)
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Qudian(QD) - 2023 Q3 - Quarterly Report
2023-09-07 16:00
Exhibit 99.1 Qudian Inc. Reports Second Quarter 2023 Unaudited Financial Results XIAMEN, China, September 7, 2023/PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumeroriented technology company, today announced its unaudited financial results for the quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights: ● Total revenues were RMB11.1 million (US$1.5 million), compared to RMB105.4 million for the same period of last year ● Net loss attributable to Qudian's sha ...
Qudian(QD) - 2023 Q2 - Quarterly Report
2023-06-12 16:00
Exhibit 99.1 Qudian Inc. Reports First Quarter 2023 Unaudited Financial Results XIAMEN, China, June 12, 2023/PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumeroriented technology company in China, today announced its unaudited financial results for the quarter ended March 31, 2023. First Quarter 2023 Financial Highlights: · Total revenues were RMB21.9 million (US$3.2 million), compared to RMB201.8 million for the same period of last year · Net income attributable to Qudian ...
Qudian(QD) - 2022 Q4 - Annual Report
2023-04-27 16:00
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Qudian(QD) - 2023 Q1 - Quarterly Report
2023-02-21 16:00
Financial Performance - Total revenues for Q4 2022 were RMB160.1 million (US$23.2 million), a decrease of 57.8% from RMB378.9 million in Q4 2021[3] - Net income attributable to Qudian's shareholders for Q4 2022 was RMB490.1 million (US$71.1 million), compared to a net loss of RMB65.1 million in the same period last year[3] - Full year 2022 total revenues were RMB577.5 million (US$83.7 million), representing a decrease of 65.1% from RMB1,654.0 million in 2021[4] - Net loss attributable to Qudian's shareholders for 2022 was RMB362.0 million (US$52.5 million), compared to an income of RMB589.1 million in 2021[4] - Total revenues for the year ended December 2022 were RMB 577,492 thousand, a decrease of 65.1% compared to RMB 1,654,043 thousand in 2021[27] - Net income attributable to Qudian Inc.'s shareholders for the year ended December 2022 was RMB 490,103 thousand, compared to a net loss of RMB 65,063 thousand in the same period of 2021[25] - The total net income attributable to Qudian Inc.'s shareholders shifted from a profit of RMB 589,074 thousand in 2021 to a loss of RMB 361,964 thousand in 2022[33] - Non-GAAP net income attributable to Qudian Inc.'s shareholders also turned negative, from RMB 612,377 thousand in 2021 to a loss of RMB 347,938 thousand in 2022[33] Operating Costs and Expenses - Total operating costs and expenses for the full year 2022 increased by 16.1% to RMB944.2 million (US$136.9 million) from RMB813.6 million in 2021[11] - Total operating costs and expenses for the year ended December 2022 were RMB 944,249 thousand, an increase of 16.1% from RMB 813,617 thousand in 2021[27] Cash Flow and Assets - Cash and cash equivalents as of December 31, 2022, were RMB3,502.0 million (US$507.7 million)[15] - Net cash provided by operating activities for Q4 2022 was RMB83.3 million (US$12.1 million)[15] - Cash and cash equivalents increased from RMB 2,065,495 thousand in 2021 to RMB 3,502,041 thousand in 2022, representing a growth of approximately 69.5%[29] - Total current assets decreased from RMB 12,218,090 thousand in 2021 to RMB 11,058,526 thousand in 2022, a decline of approximately 9.5%[29] Shareholder Information - The company has cumulatively completed total share repurchases of approximately US$602.1 million as of the date of the release[17] - The weighted average number of Class A and Class B ordinary shares outstanding for the year ended December 2022 was 246,043,086[27] - The company reported a total of 236,955,750 weighted average shares outstanding for both basic and diluted calculations in 2022[32] Research and Development - Research and development expenses for Q4 2022 decreased by 88.9% to RMB2.5 million (US$0.4 million) from RMB22.8 million in Q4 2021[8] - Research and development expenses for the year ended December 2022 were RMB 58,275 thousand, a decrease of 58.8% from RMB 141,264 thousand in 2021[27] Liabilities and Equity - Total liabilities decreased significantly from RMB 1,567,586 thousand in 2021 to RMB 703,722 thousand in 2022, a reduction of about 55.2%[30] - Shareholders' equity decreased from RMB 12,523,539 thousand in 2021 to RMB 12,042,713 thousand in 2022, a decline of about 3.8%[30] - The total current liabilities increased from RMB 493,518 thousand in 2021 to RMB 584,929 thousand in 2022, an increase of approximately 18.5%[30] Other Financial Metrics - Financing income for Q4 2022 totaled RMB29.3 million (US$4.2 million), a decrease of 90.1% from RMB296.4 million in Q4 2021[6] - Interest and investment income for the three months ended December 2022 was RMB 224,055 thousand, an increase of 50.1% from RMB 149,352 thousand in the same period of 2021[25] - Basic loss per share for the three months ended December 2022 was RMB 2.07, compared to a loss of RMB 0.26 in the same period of 2021[25] - The company reported a foreign currency translation adjustment loss of RMB 23,059 thousand for the year ended December 2022[26] - Non-GAAP net earnings per share (basic) decreased from RMB 2.42 in 2021 to a loss of RMB 1.41 in 2022[33]
Qudian(QD) - 2021 Q3 - Earnings Call Transcript
2021-12-13 17:31
Qudian Inc. (NYSE:QD) Q3 2021 Earnings Conference Call December 13, 2021 7:00 AM ET Company Participants Min Luo - Founder, Chairman & Chief Executive Officer Sissi Zhu - Vice President of Investor Relations Conference Call Participants Frank Zheng - Credit Suisse Operator Hello, ladies and gentlemen. Thank you for standing by for Qudian's Third Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a question-and-a ...
Qudian(QD) - 2021 Q2 - Earnings Call Transcript
2021-08-24 14:48
Qudian, Inc. (NYSE:QD) Q2 2021 Earnings Conference Call August 24, 2021 7:00 AM ET Company Participants Min Luo - Founder, Chairman and Chief Executive Officer Sissi Zhu - VP of Investor Relations Conference Call Participants Hannah Han - BOCOM International Operator Hello, ladies and gentlemen. Thank you for standing by for Qudian Inc.’s Second Quarter 2021 Earnings Conference Call. [Operator Instructions] Today’s conference call is being recorded. I will now turn the call over to your host from Qudian. Pl ...