Qudian Inc.
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QUDIAN INC's gross profit margin for the third quarter of its fiscal year 2020 has decreased when compared to the same period a year ago. Sales and net income fell significantly, underperforming compared to the average company in its subsector. QUDIAN INC is extremely liquid. Currently, the Quick Ratio is 10.69 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 FY20 | Q3 FY19 |
---|---|---|
Net Sales ($mil) | 133.6 | 339.2 |
EBITDA ($mil) | 0.0 | 0.0 |
EBIT ($mil) | 101.49 | 159.88 |
Net Income ($mil) | 85.47 | 134.01 |
Balance Sheet | Q3 FY20 | Q3 FY19 |
---|---|---|
Cash & Equiv. ($mil) | 787.35 | 513.13 |
Total Assets ($mil) | 1944.88 | 2615.51 |
Total Debt ($mil) | 147.48 | 487.85 |
Equity ($mil) | 1655.16 | 1642.38 |
Profitability | Q3 FY20 | Q3 FY19 |
---|---|---|
Gross Profit Margin | 76.12 | 92.41 |
EBITDA Margin | 0.0 | 0.0 |
Operating Margin | 75.96 | 47.13 |
Sales Turnover | 0.41 | 0.46 |
Return on Assets | 3.7 | 20.71 |
Return on Equity | 4.35 | 32.98 |
Debt | Q3 FY20 | Q3 FY19 |
---|---|---|
Current Ratio | 11.97 | 4.48 |
Debt/Capital | 0.08 | 0.23 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q3 FY20 | Q3 FY19 |
---|---|---|
Shares outstanding (mil) | 253.73 | 279.26 |
Div / share | 0.0 | 0.0 |
EPS | 0.33 | 0.43 |
Book value / share | 6.52 | 5.88 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 4250863.0 | 2613935.0 |
SELL. QUDIAN INC's P/E ratio indicates a significant discount compared to an average of 27.22 for the Credit Intermediation and Related Activities subsector and a significant discount compared to the S&P 500 average of 38.64. For additional comparison, its price-to-book ratio of 0.29 indicates a significant discount versus the S&P 500 average of 4.02 and a significant discount versus the subsector average of 2.97. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. 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 7.27 | Peers 31.81 | QD NA | Peers 10.12 | |||||||||||||||||||||
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 0.63 | Peers 34.94 | QD NM | Peers 2.02 | |||||||||||||||||||||
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings. QD's ratio is negative making this valuation measure meaningless. |
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. QD's negative PEG ratio makes this valuation measure meaningless. |
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Price/Book |
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Earnings Growth |
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QD 0.29 | Peers 2.97 | QD -85.72 | Peers -60.59 | |||||||||||||||||||||
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. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, QD is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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QD 0.61 | Peers 2.26 | QD -33.81 | Peers -5.32 | |||||||||||||||||||||
Discount. 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 significant discount 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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