Qudian Other Current Assets from 2010 to 2024

QD Stock  USD 2.34  0.09  3.70%   
Qudian's Other Current Assets are increasing over the years with slightly volatile fluctuation. Other Current Assets are expected to dwindle to about 371.4 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2016-12-31
Previous Quarter
615.3 M
Current Value
667.3 M
Quarterly Volatility
710 M
 
Covid
Check Qudian financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Qudian's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 0.0 or Selling General Administrative of 255.5 M, as well as many indicators such as Price To Sales Ratio of 24.19, Dividend Yield of 0.01 or PTB Ratio of 0.29. Qudian financial statements analysis is a perfect complement when working with Qudian Valuation or Volatility modules.
  
Check out the analysis of Qudian Correlation against competitors.

Latest Qudian's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Qudian Inc over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Qudian's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Qudian's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Qudian Other Current Assets Regression Statistics

Arithmetic Mean586,779,884
Geometric Mean100,508,989
Coefficient Of Variation117.02
Mean Deviation569,973,611
Median371,392,661
Standard Deviation686,678,762
Sample Variance471527.7T
Range1.8B
R-Value0.58
Mean Square Error337002T
R-Squared0.34
Significance0.02
Slope89,049,785
Total Sum of Squares6601388.1T

Qudian Other Current Assets History

2024371.4 M
2023390.9 M
20221.2 B
20211.8 B
2020805.8 M
20191.6 B
20181.8 B

About Qudian Financial Statements

Qudian stakeholders use historical fundamental indicators, such as Qudian's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Qudian investors may analyze each financial statement separately, they are all interrelated. For example, changes in Qudian's assets and liabilities are reflected in the revenues and expenses on Qudian's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Qudian Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets390.9 M371.4 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Qudian Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qudian. If investors know Qudian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qudian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.515
Earnings Share
(0.28)
Revenue Per Share
1.016
Quarterly Revenue Growth
3.81
Return On Assets
(0.02)
The market value of Qudian Inc is measured differently than its book value, which is the value of Qudian that is recorded on the company's balance sheet. Investors also form their own opinion of Qudian's value that differs from its market value or its book value, called intrinsic value, which is Qudian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qudian's market value can be influenced by many factors that don't directly affect Qudian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qudian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qudian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qudian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.