Qudian is a holding company. Through its subsidiaries, variable interest entities (VIEs) and subsidiaries of the VIEs, Co. is principally engaged in the operation of online platforms to provide small consumer credit products in the People's Republic of China (PRC). Under Co.'s loan book business, Co. provided small cash credit products to consumers and undertook the related credit risk. Co.'s cash credit products comprised short-term, unsecured lines of credit that could be drawn down at any time, subject to its approval at the time of each drawdown request. The QD average annual return since 2017 is shown above.
The Average Annual Return on the QD average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether QD average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the QD average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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