Chinese consumer lender Qudian's Q3 revenue falls as delivery business winds down

Reuters11-24
Chinese consumer lender Qudian's Q3 revenue falls as delivery business winds down

Overview

  • Qudian Q3 2025 revenue drops 84.5% yr/yr due to winding down last-mile delivery

  • Net income for Q3 2025 rises significantly, driven by higher investment income

  • Company repurchased 26.3 mln ADSs for US$71.1 mln under share buyback program

Outlook

  • Company focused on navigating market dynamics and capitalizing on new business

Result Drivers

  • LAST-MILE DELIVERY WIND DOWN - Revenue fell 84.5% due to winding down of last-mile delivery business

  • INVESTMENT INCOME BOOST - Net income increased due to higher investment income and gains on derivative instruments

  • HEADQUARTERS EXPENSES - General and administrative expenses rose 41.1% due to increased depreciation and property tax expenses from new headquarters

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

RMB 8.52 mln

Q3 Net Income

RMB 409.90 mln

Q3 Income from Operations

-RMB 110.62 mln

Q3 Pretax Profit

RMB 398.23 mln

Press Release: ID:nPn1fDxQVa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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