Qudian Inc. (QD)

Qudian Income Statement

Financials in millions CNY. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	160.33	126.34	577.49	1,654	3,688	8,840
Revenue Growth (YoY)	-59.67%	-78.12%	-65.09%	-55.15%	-58.28%	14.92%
Cost of Revenue	195.34	160.11	383.09	298.73	862.35	901.79
Gross Profit	-35.02	-33.78	194.4	1,355	2,826	7,938
Selling, General & Admin	280.92	277.39	559.07	570.65	579.19	566.67
Research & Development	53.15	47.76	58.28	141.26	170.69	204.78
Other Operating Expenses	5.57	-27.92	-93.44	-279.3	1,210	3,318
Operating Expenses	339.64	297.23	523.9	432.62	1,960	4,090
Operating Income	-374.66	-331.01	-329.5	922.7	865.6	3,849
Other Expense / Income	72.57	-432.48	-59.97	73.14	-355.2	-41.77
Pretax Income	-447.23	101.47	-269.54	849.56	1,221	3,891
Income Tax	1.54	62.34	92.43	260.48	261.98	626.23
Net Income	-448.77	39.13	-361.96	589.07	958.82	3,264
Net Income Growth	-	-	-	-38.56%	-70.63%	31.03%
Shares Outstanding (Basic)	195	217	246	253	254	279
Shares Outstanding (Diluted)	200	222	246	266	274	300
Shares Change	-12.98%	-9.67%	-7.61%	-2.93%	-8.69%	-6.68%
EPS (Basic)	-2.02	0.18	-1.47	2.32	3.78	11.72
EPS (Diluted)	-2.01	0.18	-1.47	2.27	3.59	10.94
EPS Growth	-	-	-	-36.77%	-67.18%	41.34%
Free Cash Flow	-	-213.01	-12.76	443.63	2,250	5,427
Free Cash Flow Per Share	-	-0.98	-0.05	1.75	8.87	19.48
Gross Margin	-21.84%	-26.73%	33.66%	81.94%	76.62%	89.80%
Operating Margin	-233.68%	-262.00%	-57.06%	55.78%	23.47%	43.54%
Profit Margin	-279.91%	30.98%	-62.68%	35.61%	26.00%	36.93%
Free Cash Flow Margin	-	-168.60%	-2.21%	26.82%	61.01%	61.39%
Effective Tax Rate	-	61.43%	-	30.66%	21.46%	16.10%
EBITDA	-	142.75	-205.21	949.03	1,265	3,938
EBITDA Margin	-	112.99%	-35.53%	57.38%	34.29%	44.55%
Depreciation & Amortization	-	41.27	64.33	99.47	43.95	47.56
EBIT	-447.23	101.47	-269.54	849.56	1,221	3,891
EBIT Margin	-278.95%	80.32%	-46.67%	51.36%	33.10%	44.01%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).