Qudian (old Qufenqi)
Qudian is an installment payment and investment management platform for micro-lending.
Launch date
Employees
Market cap
€315m
Enterprise valuation
(€810m) (Public information from Sep 2024)
Share price
$1.86 QD
Beijing China (HQ)
Financials
Estimates*
| CNY | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 8.5b | 8.8b | 3.7b | 1.7b | 1.7b | 126m | 346m |
| % growth | 64 % | 4 % | (58 %) | (55 %) | - | (92 %) | 174 % |
| EBITDA | 2.9b | 3.8b | 778m | 505m | 1.0b | (147m) | - |
| % EBITDA margin | 35 % | 43 % | 21 % | 31 % | 61 % | (116 %) | - |
| Profit | 2.7b | 3.3b | 959m | 589m | 589m | 39.1m | - |
| % profit margin | 32 % | 37 % | 26 % | 36 % | 36 % | 31 % | - |
| EV / revenue | 1.4x | 1.0x | -0.9x | -3.3x | -4.3x | -48.1x | - |
| EV / EBITDA | 3.9x | 2.3x | -4.2x | -10.7x | -6.9x | 41.4x | - |
| R&D budget | 220m | 205m | 171m | 141m | 141m | 47.8m | - |
| R&D % of revenue | 3 % | 2 % | 5 % | 9 % | 9 % | 38 % | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | Series A | |
$25.0m | Series B | ||
$100m | Series C | ||
$100m | Series D | ||
$200m | Series E | ||
| N/A | $449m | Series F | |
| N/A | $900m Valuation: $7.9b | IPO | |
| Total Funding | €795m | ||
