Qudian is a holding company. Through its subsidiaries, variable interest entities (VIEs) and subsidiaries of the VIEs, Co. is engaged in the operation of online platforms to provide small consumer credit products in the People's Republic of China. The operations of Co. are organized into two segments, consisting of installment credit services and transaction services. Installment credit services represents online installment credit business, including cash installment credit services and merchandise installment credit services. Co. refers borrowers to banks and other institutions, trust beneficiaries and other funding partners which directly fund the credit drawdowns to the borrowers. The QD stock yearly return is shown above.
The yearly return on the QD stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the QD annual return calculation with any dividends reinvested as applicable (on ex-dates).
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