Qudian Inc. American Depositary Shares each representing one Class A
Find Ratings ReportsQUDIAN INC's gross profit margin for the third quarter of its fiscal year 2023 has significantly increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. QUDIAN INC is extremely liquid. Currently, the Quick Ratio is 14.95 which clearly shows the ability to cover any short-term cash needs. QD managed to increase the liquidity from the same period a year ago, despite already having very strong liquidity to begin with. This would indicate improved cash flow.
During the same period, stockholders' equity ("net worth") has remained unchanged from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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Income Statement | Q3 FY23 | Q3 FY22 |
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Net Sales ($mil) | 3.08 | 5.11 |
EBITDA ($mil) | 0.0 | 0.0 |
EBIT ($mil) | -16.42 | -51.78 |
Net Income ($mil) | -24.84 | -91.09 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 1338.06 | 1148.36 |
Total Assets ($mil) | 1734.49 | 1808.99 |
Total Debt ($mil) | 11.09 | 29.41 |
Equity ($mil) | 1637.84 | 1634.22 |
Profitability | Q3 FY23 | Q3 FY22 |
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Gross Profit Margin | -105.67 | -1012.97 |
EBITDA Margin | 0.0 | 0.0 |
Operating Margin | -532.56 | -1012.97 |
Sales Turnover | 0.06 | 0.07 |
Return on Assets | 5.48 | -7.19 |
Return on Equity | 5.81 | -7.97 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 15.99 | 9.42 |
Debt/Capital | 0.01 | 0.02 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 232.25 | 253.74 |
Div / share | 0.0 | 0.0 |
EPS | -0.12 | -0.37 |
Book value / share | 7.05 | 6.44 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 958049.0 | 600781.0 |
HOLD. QUDIAN INC's P/E ratio indicates a significant discount compared to an average of 17.75 for the Credit Intermediation and Related Activities subsector and a significant discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 0.35 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 8.64. The price-to-sales ratio is well above both the S&P 500 average and the subsector average, indicating a premium. Upon assessment of these and other key valuation criteria, QUDIAN INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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QD 6.26 | Peers 17.75 | QD NA | Peers 20.18 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. QD is trading at a significant discount to its peers. |
Neutral. The P/CF ratio is the stock’s price divided by the sum of the company's cash flow from operations. It is useful for comparing companies with different capital requirements or financing structures. Ratio not available. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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QD NA | Peers 13.86 | QD NA | Peers 1.78 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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QD 0.35 | Peers 8.64 | QD 172.22 | Peers 24.72 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. QD is trading at a significant discount to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. QD is expected to have an earnings growth rate that significantly exceeds its peers. |
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Price/Sales |
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Sales Growth |
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QD 5.82 | Peers 4.87 | QD -26.76 | Peers 44.87 | |||||||||||||||||||||
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. QD is trading at a premium to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. QD significantly trails its peers on the basis of sales growth. |
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