Overview
Qudian Q2 2025 revenue drops 93.5% yr/yr due to last-mile delivery wind down
Net income for Q2 2025 rises sharply, driven by higher investment income
Outlook
Company winding down last-mile delivery due to increased competition
Company expects prudent cash management to safeguard balance sheet
Qudian plans to focus on business transition for sustainable growth
Result Drivers
LAST-MILE DELIVERY WIND DOWN - Revenue fell 93.5% due to winding down of last-mile delivery business amid increased competition
INVESTMENT INCOME - Net income surged due to a 392.3% increase in interest and investment income
HEADQUARTERS EXPENSES - General and administrative expenses rose 39.6% due to increased depreciation and property tax expenses following headquarters construction
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| RMB 3.49 mln ($0.5 mln) |
|
Q2 Net Income |
| RMB 311.76 mln |
|
Q2 Income from Operations |
| -RMB 113.87 mln |
|
Q2 Pretax Profit |
| RMB 345.28 mln |
|
Press Release: ID:nPn9QX4GXa