Core Viewpoint - Qudian Inc. is contemplating winding down its last-mile delivery service due to intense competition that has led to a significant revenue decline in the first quarter of the year [2][3][7]. Business Performance - The last-mile delivery business experienced a revenue drop of over 50% in the first quarter, falling from 55.8 million yuan to 25.8 million yuan year-over-year [13]. - Despite the losses in the last-mile delivery segment, Qudian reported a profit of 150 million yuan for the first quarter, primarily due to 165 million yuan in interest income from its cash holdings [14]. Competitive Landscape - Qudian faced stiff competition from established local rivals in Australia and New Zealand, as well as from Chinese logistics companies building their own infrastructure abroad [5][6]. - The last-mile delivery market in China is highly competitive, dominated by several companies that are rapidly expanding their global networks [4]. Financial Position - Qudian's cash and restricted cash increased to 5.6 billion yuan at the end of March, up from 3.5 billion yuan at the end of 2022, indicating strong cash management [15]. - The company has been actively buying back shares, reducing its outstanding American depositary shares (ADS) from 265 million to 172 million over the past three years [8][15]. Shareholder Sentiment - Shareholders did not react negatively to the announcement of the potential business closure, with stock prices remaining stable [9]. - Qudian has notable institutional shareholders, including UBS and Morgan Stanley, who may be more interested in short-term gains from potential privatization efforts [10]. Historical Context - Qudian has a history of entering and exiting various business sectors, including consumer loans, education, and prepared foods, often due to competitive pressures [12]. - The company initially found success in fintech but shifted away from that model following regulatory crackdowns in China [11].

XIAMEN, China, May 30, 2025 /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, 2025.First Quarter 2025 Financial Highlights: Total revenues were RMB25.8 million (US$3.6 million), compared to RMB55.8 million for the same period of last year Net income attributable to Qudian's shareholders was RMB150.1 million (US$20.7 million), compared to net loss of RMB73 ...

Market Capitalization Overview - The market capitalization of TAL Education Group is 14.95 billion, while Vipshop Holdings has a market cap of 9.21 billion [2] - Other companies such as Miniso and Qifu Technology have market caps of 7.77 billion and 6.33 billion respectively [2] - The market cap of various companies shows a range from 5.22 million to 149.53 billion, indicating a diverse market landscape [2] Stock Performance - TAL Education Group's stock increased by 1.64 (+1.55%), while Vipshop's stock rose by 0.07 (+1.88%) [2] - Miniso's stock saw a significant increase of 1.24 (+6.99%), indicating strong market performance [2] - Companies like Huya and Yiren Digital experienced slight declines in their stock prices, with decreases of -0.03 (-0.81%) and -0.10 (-0.96%) respectively [2] Comparative Analysis - The comparison of market caps shows that TAL Education Group leads with 14.95 billion, followed by Vipshop and Miniso [2] - The performance of stocks varies significantly, with some companies like Miniso showing robust growth compared to others that faced declines [2] - The data indicates a competitive environment among these companies, with varying degrees of market success and stock performance [2]

This is a follow-up on Qudian Inc. (NYSE: QD ) from my second article , "Qudian: Success With Last-Mile Delivery And More Share Repurchases". In the past article, I wrote about Qudian being an undervalued security and having some progress withI am focused on finding value. Buying a dollar for 50 cents or less is my favorite way to get a good margin of safety. I am a self-proclaimed Benjamin Graham and Walter Schloss aficionado. As an avid traveler I remain open to seeing the world outside of my geographical ...

Qudian (NYSE: QD ), a provider of credit, logistics and other solutions in China, has dropped in recent weeks as the market came to grips with the realization that the U.S. and China appear to be heading towards a trade war due to a Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. ...

XIAMEN, China, March 20, 2025 /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 and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights: Total revenues were RMB52.2 million (US$7.2 million), compared to RMB63.8 million for the same period of last year Net loss attributable to Qudian's shareholders was RMB66.4 million (US$9.1 million), compared to ...

Core Viewpoint - Qudian Inc. has appointed Marcum Asia CPAs LLP as its new independent registered public accounting firm, following the revocation of BDO China Shu Lun Pan Certified Public Accountants LLP's appointment due to resource constraints [1][2][3]. Group 1: Appointment of Accounting Firms - The Company previously appointed BDO as its independent registered public accounting firm on September 6, 2024, but revoked this appointment after BDO indicated it could not meet the audit timetable [2]. - Marcum Asia CPAs LLP has been appointed to succeed Ernst & Young Hua Ming LLP, which was the previous auditor [3]. - The appointment of Marcum Asia was approved by the Company's Audit Committee after careful consideration [3]. Group 2: Transition and Consultation - The Company is working closely with both EY and Marcum Asia to ensure a seamless transition [5]. - During the two most recent fiscal years and the interim period prior to January 31, 2025, the Company did not consult with Marcum Asia on any accounting principles or audit opinions [4]. Group 3: Company Overview - Qudian is a consumer-oriented technology company that historically focused on providing credit solutions to consumers and is now exploring innovative logistics services to meet e-commerce demands [6].

Exhibit 99.1 Qudian Inc. Reports Third Quarter 2024 Unaudited Financial Results XIAMEN, China, November 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: The Company's last-mile delivery business continued to make steady progress in 2024, which generated approximately RMB53.5 million in revenue i ...

Core Viewpoint - Qudian Inc. remains significantly undervalued, with ongoing share repurchase agreements and recent profitability in its last-mile delivery business indicating potential for value creation for shareholders [1][3][5]. Company Overview - Qudian operates as a consumer-oriented technology company providing credit solutions in China, and is transitioning into the last-mile delivery business with initial success in New Zealand and Australia [2]. Profitability - The latest quarterly report indicates a net income of RMB99.8 million (US$13.7 million), marking the first profit in a year, although most of this profit stems from interest and investment income rather than core operations [3][4]. Business Model Transition - The last-mile delivery business, branded as "Fast Horse," has shown steady progress since its launch in December 2022, with expectations for continued commitment to this transition and prudent cash management [5][6]. Share Repurchase Agreements - Qudian has two active share repurchase agreements, with approximately US$8 million spent on the latest program, which is set to continue until June 13, 2027 [6][7]. - The company has repurchased around 37 million shares, creating significant shareholder value, with an estimated value of US$164 million generated in the past year [8]. Future Outlook - Management expresses confidence in the last-mile delivery business and plans to maximize share buybacks, which could lead to substantial stock movement given the current undervaluation [7][8].

Exhibit 99.1 Qudian Inc. Reports First Quarter 2024 Unaudited Financial Results XIAMEN, China, June 13, 2024/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, 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 ...