Qudian Inc. (QD)

Qudian Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,029	4,263	7,207	3,486	2,065	1,538
Short-Term Investments	4,609	3,128	2,197	5,378	5,927	5,042
Cash & Short-Term Investments	8,638	7,391	9,404	8,865	7,992	6,580
Cash Growth	-2.82%	-21.41%	6.09%	10.92%	21.46%	129.99%
Accounts Receivable	9.23	34.28	25.88	1.38	2,431	4,213
Other Receivables	-	304.41	445.25	1,166	1,381	545.11
Receivables	9.23	338.68	471.13	1,167	3,812	4,758
Inventory	-	10.67	10.38	116.71	15.21	91.9
Prepaid Expenses	-	-	-	-	36.12	46.68
Restricted Cash	782.25	781.19	59.44	86.37	177.92	135.4
Other Current Assets	964.71	1,618	214.64	823.64	184.72	78.63
Total Current Assets	10,395	10,140	10,160	11,059	12,218	11,690
Property, Plant & Equipment	1,849	1,744	1,473	877.03	959.71	513.87
Long-Term Investments	223.44	225.09	347.4	350.1	371.65	559.14
Other Intangible Assets	1.92	2.21	3.09	9.7	11.01	8.48
Long-Term Accounts Receivable	-	-	-	-	0.43	51.86
Long-Term Deferred Tax Assets	-	-	-	-	87.29	154.96
Other Long-Term Assets	280.12	353.37	498.84	451.08	442.95	419.24
Total Assets	12,749	12,464	12,482	12,746	14,091	13,398
Accounts Payable	-	115.79	109.33	52.63	32.1	14.96
Accrued Expenses	371.44	30.5	31.91	103.55	249.71	222.84
Short-Term Debt	720	720	-	29.06	-	-
Current Portion of Leases	7.35	18.7	29.94	6.31	37.47	23.76
Current Income Taxes Payable	39.38	33.42	111.84	90.75	78.29	80.66
Other Current Liabilities	-	205.68	471.46	302.62	95.94	130.39
Total Current Liabilities	1,138	1,124	754.49	584.93	493.52	472.61
Long-Term Debt	-	-	-	116.25	826.71	924.42
Long-Term Leases	5.13	48.71	39.76	0.43	168.8	80.24
Long-Term Deferred Tax Liabilities	27.43	-	-	2.12	68.54	10.92
Other Long-Term Liabilities	-	-	-	-	10.01	-
Total Liabilities	1,171	1,173	794.24	703.72	1,568	1,488
Common Stock	0.18	0.18	0.18	0.18	0.18	0.18
Additional Paid-In Capital	4,025	4,027	4,033	4,036	4,017	4,007
Retained Earnings	9,132	8,670	8,578	8,539	8,904	8,315
Treasury Stock	-1,571	-1,419	-899.63	-486.95	-346.32	-371.55
Comprehensive Income & Other	-7.46	13.75	-24.13	-45.96	-59	-51.42
Total Common Equity	11,579	11,291	11,688	12,043	12,517	11,900
Minority Interest	-	-	-	-	6.85	10
Shareholders' Equity	11,579	11,291	11,688	12,043	12,524	11,910
Total Liabilities & Equity	12,749	12,464	12,482	12,746	14,091	13,398
Total Debt	732.48	787.4	69.7	152.05	1,033	1,028
Net Cash (Debt)	7,906	6,603	9,335	8,713	6,959	5,551
Net Cash Growth	-10.34%	-29.26%	7.14%	25.20%	25.36%	-
Net Cash Per Share	45.10	35.17	42.01	35.41	26.13	20.24
Filing Date Shares Outstanding	162.65	165.13	189.4	224.9	252.47	253.09
Total Common Shares Outstanding	162.65	168.69	200.6	232.25	253.73	253.01
Working Capital	9,256	9,015	9,405	10,474	11,725	11,218
Book Value Per Share	71.19	66.94	58.26	51.85	49.33	47.03
Tangible Book Value	11,577	11,289	11,685	12,033	12,506	11,891
Tangible Book Value Per Share	71.18	66.92	58.25	51.81	49.29	47.00
Buildings	-	118.27	-	-	-	-
Machinery	-	205.4	196.45	20.54	20.06	11.84
Construction In Progress	-	1,302	1,135	767.22	660.79	275.11
Leasehold Improvements	-	15.97	13.62	28.94	169.22	40.45

Updated Aug 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q