Chinese online microlender Qudian's Q2 profit jumps on investment gains, revenue slumps on wind down of last-mile delivery

High Templar Tech

13/08/2025 10:10

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

(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.)