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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. According to our Qudian Inc American Depositary Shares Each Repre stock split history records, Qudian Inc American Depositary Shares Each Repre has had 1 split.
Qudian Inc American Depositary Shares Each Repre stock split history picture
Qudian Inc American Depositary Shares Each Repre (QD) has 1 split in our Qudian Inc American Depositary Shares Each Repre stock split history database. The split for QD took place on June 16, 2008. This was a 1 for 5 reverse split, meaning for each 5 shares of QD owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split.

When a company such as Qudian Inc American Depositary Shares Each Repre conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the Qudian Inc American Depositary Shares Each Repre stock split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Qudian Inc American Depositary Shares Each Repre shares, starting with a $10,000 purchase of QD, presented on a split-history-adjusted basis factoring in the complete Qudian Inc American Depositary Shares Each Repre stock split history. Qudian Inc American Depositary Shares Each Repre split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 10/19/2017
End date: 04/24/2024
Start price/share: $34.90
End price/share: $2.46
Dividends collected/share: $0.00
Total return: -92.95%
Average Annual Total Return: -33.43%
Starting investment: $10,000.00
Ending investment: $704.96
Years: 6.52
Date Ratio
06/16/20081 for 5
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