Qudian made a net profit of RMB 1,143 mil in the second quarter of 2019, up 57.9% when compared to the same period of last year. This implies a return on equity of 38.1%.
Historically, the bank’s net profit reached an all time high of RMB 1,143 mil in 2Q2019 and an all time low of RMB 300 mil in 4Q2016. The average profit in the last six quarters amounted to RMB 764 mil.
The bank generated its shareholders an average return on equity of 40.5% in the last five years with maximum at 67.6% and minimum at 13.0%.