Qudian Inc (1QU) - Net Assets
Based on the latest financial reports, Qudian Inc (1QU) has net assets worth €11.63 Billion EUR (≈ $13.60 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€13.61 Billion ≈ $15.91 Billion USD) and total liabilities (€1.98 Billion ≈ $2.32 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Qudian Inc's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €11.63 Billion |
| % of Total Assets | 85.45% |
| Annual Growth Rate | N/A |
| 5-Year Change | -7.12% |
| 10-Year Change | N/A |
| Growth Volatility | 6.09 |
Qudian Inc - Net Assets Trend (2016–2025)
This chart illustrates how Qudian Inc's net assets have evolved over time, based on quarterly financial data. See how many days can Qudian Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Qudian Inc (2016–2025)
The table below shows the annual net assets of Qudian Inc from 2016 to 2025. For live valuation and market cap data, see market value of Qudian Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €11.63 Billion ≈ $13.60 Billion |
+3.01% |
| 2024-12-31 | €11.29 Billion ≈ $13.20 Billion |
-3.39% |
| 2023-12-31 | €11.69 Billion ≈ $13.66 Billion |
-2.95% |
| 2022-12-31 | €12.04 Billion ≈ $14.08 Billion |
-3.84% |
| 2021-12-31 | €12.52 Billion ≈ $14.64 Billion |
+5.15% |
| 2020-12-31 | €11.91 Billion ≈ $13.92 Billion |
-0.12% |
| 2019-12-31 | €11.92 Billion ≈ $13.94 Billion |
+10.20% |
| 2018-12-31 | €10.82 Billion ≈ $12.65 Billion |
+13.42% |
| 2017-12-31 | €9.54 Billion ≈ $11.15 Billion |
+378.11% |
| 2016-12-31 | €-3.43 Billion ≈ $-4.01 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Qudian Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1288964830100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €9.38 Billion | 80.63% |
| Other Components | €2.25 Billion | 19.37% |
| Total Equity | €11.63 Billion | 100.00% |
Qudian Inc Competitors by Market Cap
The table below lists competitors of Qudian Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bait Bakfar Ltd
TA:BKFR
|
$272.61 Million |
|
Empresas Gasco S.A
SN:GASCO
|
$272.65 Million |
|
Peach Property Group AG
SW:PEAN
|
$272.68 Million |
|
Boryszew SA
WAR:BRS
|
$272.69 Million |
|
Ramco Industries Limited
NSE:RAMCOIND
|
$272.45 Million |
|
Ser Educacional Sa
SA:SEER3
|
$272.43 Million |
|
Microbio Co Ltd
TWO:4128
|
$272.40 Million |
|
Arbonia AG
SW:ARBN
|
$272.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qudian Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,291,429,030 to 11,631,603,891, a change of 340,174,861 (3.0%).
- Net income of 708,627,396 contributed positively to equity growth.
- Share repurchases of 300,505,804 reduced equity.
- New share issuances of 100,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €708.63 Million | +6.09% |
| Share Repurchases | €300.51 Million | -2.58% |
| Share Issuances | €100.00K | +0.0% |
| Other Changes | €-68.05 Million | -0.59% |
| Total Change | €- | 3.01% |
Book Value vs Market Value Analysis
This analysis compares Qudian Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.03x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €29.28 | €2.54 | x |
| 2018-12-31 | €36.50 | €2.54 | x |
| 2019-12-31 | €47.00 | €2.54 | x |
| 2020-12-31 | €47.03 | €2.54 | x |
| 2021-12-31 | €49.46 | €2.54 | x |
| 2022-12-31 | €51.85 | €2.54 | x |
| 2023-12-31 | €58.26 | €2.54 | x |
| 2024-12-31 | €66.94 | €2.54 | x |
| 2025-12-31 | €74.24 | €2.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qudian Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1729.89%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.17x
- Recent ROE (6.09%) is below the historical average (9.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 39.97% | 0.20x | 0.00x | €919.69 Million |
| 2017 | 22.69% | 45.33% | 0.25x | 2.03x | €1.21 Billion |
| 2018 | 23.02% | 32.39% | 0.47x | 1.50x | €1.41 Billion |
| 2019 | 27.38% | 36.93% | 0.48x | 1.54x | €2.07 Billion |
| 2020 | 8.06% | 26.00% | 0.28x | 1.13x | €-231.17 Million |
| 2021 | 4.71% | 35.61% | 0.12x | 1.12x | €-662.59 Million |
| 2022 | 4.89% | 35.61% | 0.13x | 1.06x | €-615.20 Million |
| 2023 | 0.33% | 30.98% | 0.01x | 1.07x | €-1.13 Billion |
| 2024 | 0.81% | 42.38% | 0.02x | 1.10x | €-1.04 Billion |
| 2025 | 6.09% | 1729.89% | 0.00x | 1.17x | €-454.53 Million |
Industry Comparison
This section compares Qudian Inc's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $5,327,848,311
- Average return on equity (ROE) among peers: 1.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qudian Inc (1QU) | €11.63 Billion | 0.00% | 0.17x | $272.58 Million |
| Yiren Digital Ltd (19YA) | $8.09 Billion | 25.73% | 0.27x | $103.04 Million |
| Yixin Group Limited (1YX) | $16.95 Billion | 7.07% | 2.21x | $1.21 Billion |
| TRUFIN PLC (29U) | $37.94 Million | -17.06% | 0.34x | $141.30 Million |
| 51 CREDIT CARD DL-00001 (2JY) | $711.22 Million | -11.63% | 0.60x | $100.05 Million |
| CREDIT CORP. GROUP LTD. (2RC) | $740.64 Million | 13.60% | 0.32x | $490.08 Million |
| HANHUA FNCL HLDG CO.H YC1 (5HF) | $7.93 Billion | 0.40% | 0.66x | $11.63 Million |
| Genertec Universal Medical Group Company Limited (5UM) | $13.45 Billion | 11.81% | 3.30x | $1.30 Billion |
| HARMONEY CORP. LTD (6DR) | $39.84 Million | -33.12% | 20.51x | $40.54 Million |
| PREMIA FINANCE O.N. (81U) | $2.89 Million | 20.84% | 0.56x | $1.82 Million |
About Qudian Inc
High Templar Tech Limited operates as a consumer-oriented financial technology service company in the People's Republic of China. The company provides aircraft leasing; technology development and services; and research and development services. It provides financial institutions with a financial technology business management system consisting of a core service system group, a user identification… Read more