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

High Templar Tech

24/11/2025 10:12

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.)