Qudian made a net profit of CNY 1,143 mil under revenues of CNY 1,935 mil in the second quarter of 2019, up 57.9% and 49.3% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of CNY 1,143 mil in 2Q2019 and an all time low of CNY -103 mil in 4Q2015. The average profit in the last six quarters amounted to CNY 764 mil.
On the other hand, bank’s revenues amounted to an all time high of CNY 1,935 mil in 2Q2019 and an all time low of CNY 19.5 mil in 3Q2015. The average revenues in the last six quarters reached CNY 1,455 mil.
When compared to bank's main peers, Home Credit China generated a quarterly net profit of CNY 439 mil with revenues of CNY 5,024 mil in 2Q2019, Lexin FinTech netted CNY 628 mil (revenues of CNY 1,447 mil) and 360 Finance Inc announced a net profit of CNY 90.0 mil (revenues of CNY 319 mil).
You can see all the bank’s data at Qudian Profile, or you can download a report on the bank in the report section.
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