High Templar Tech Ltd (HTT)
Qudian Inc. functions as a technology enterprise primarily serving individual consumers across the People's Republic of China. The company's principal activities encompass the provision of micro-credit and short-term cash advances, alongside financial leasing and credit guarantee solutions. Additionally, Qudian offers technology development and support services. In a more recent diversification, the firm also supplies ready-to-cook meal kits, catering specifically to the needs of the working-class demographic. Founded in 2014, its corporate headquarters are situated in Xiamen, China.
Sector: Finance Services
Industry: Financial - Credit Services
High Templar Tech Limited
NYSE:HTTFinancial Services · Financial - Credit Services
-1.00%$1.99
AH Close$1.99+0.00%vs close
AH Close$1.99+0.00%vs close
Mkt Cap$309.01M
Float88.67M
O/S155.28M
Inst Own6.1%
SI0.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$6.13M
Net Income$106.24M
Total Assets$2.04B
Free Cash Flow$85.52M
Debt & Equity
Debt 12%
Equity 88%
Total Debt$237.16M
Total Equity$1.74B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in HTT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.04B
Liabilities$305.03M
Accounts Receivable$803K
Accounts Payable$26.09M
Inventory$8.2M
PP&E (Net)$265.62M
Goodwill$0
Intangible Assets$238K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Revenue | $6.13M | $32.45M | $18.94M | $86.58M | $247.97M | $552.9M | $1.33B | $1.15B | $715.92M | $216.31M | $35.23M | $4.82M |
| YoY Growth | -81.1% | 71.3% | -78.1% | -65.1% | -55.2% | -58.3% | 14.9% | 61.1% | 231.0% | 514.0% | 630.3% | - |
| Cost of Revenue | $5.7M | $30.14M | $24M | $57.43M | $44.78M | $129.28M | $135.2M | $410.09M | $132.06M | $40.16M | $22.25M | $2.14M |
| Gross Profit | $436K | $2.31M | -$5.06M | $29.14M | $203.19M | $423.62M | $1.19B | $743.14M | $583.87M | $176.15M | $12.98M | $2.69M |
| Gross Margin | 7.1% | 7.1% | -26.7% | 33.7% | 81.9% | 76.6% | 89.8% | 64.4% | 81.6% | 81.4% | 36.8% | 55.7% |
| Research and Development | $5.32M | $8.76M | $7.16M | $8.74M | $21.18M | $25.59M | $30.7M | $29.92M | $22.98M | $7.84M | $5.63M | $872K |
| Selling, General, and Administrative | $30.69M | $42.34M | $41.59M | $83.82M | $85.55M | $86.83M | $84.96M | $119.4M | $92.26M | $43.66M | $35.24M | $10.29M |
| Other | $18.28M | -$2.6M | -$4.19M | -$14.01M | -$41.87M | $181.42M | $497.44M | $190.63M | $105.64M | $17.75M | $6.76M | -$320K |
| Total Operating Expenses | $54.28M | $48.51M | $44.56M | $78.54M | $64.86M | $293.85M | $613.1M | $339.95M | $220.88M | $69.25M | $47.62M | $10.84M |
| Operating Income (EBIT) | -$53.85M | -$46.2M | -$49.62M | -$49.4M | $138.33M | $129.77M | $577M | $403.19M | $362.99M | $106.9M | -$34.64M | -$8.15M |
| Operating Margin | -877.7% | -142.4% | -262.0% | -57.1% | 55.8% | 23.5% | 43.5% | 35.0% | 50.7% | 49.4% | -98.3% | -169.0% |
| Interest Expense | $0 | $0 | $0 | $516K | $2.4M | $4.06M | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $153.68M | $21.83M | $16.6M | $9.72M | $5.95M | $97.37M | $3.13M | $5.36M | $3.2M | $488K | $318K | $2K |
| Other Income (Expense) | $165M | $69.82M | $64.84M | $8.98M | -$11.44M | $53.25M | $6.26M | -$6.04M | -$183K | -$1.44M | -$313K | $611 |
| Income Before Tax (EBT) | $111.16M | $23.62M | $15.21M | -$40.42M | $126.89M | $183.02M | $583.27M | $397.14M | $362.81M | $105.47M | -$34.96M | -$8.15M |
| Income Tax Expense | $4.58M | $9.87M | $9.35M | $13.86M | $39.05M | $39.28M | $93.88M | $23.65M | $38.31M | $19.02M | $0 | $0 |
| Net Income | $106.24M | $13.75M | $5.87M | -$54.27M | $88.31M | $143.75M | $489.38M | $373.5M | $324.49M | $86.45M | -$34.96M | -$8.15M |
| Net Income Margin | 1731.7% | 42.4% | 31.0% | -62.7% | 35.6% | 26.0% | 36.9% | 32.4% | 45.3% | 40.0% | -99.2% | -169.0% |
| Supplementary Data | ||||||||||||
| EPS | 4.37 | 0.50 | 0.18 | -1.47 | 2.32 | 3.78 | 11.72 | 7.82 | 17.12 | 1.75 | -2.94 | -0.69 |
| Diluted EPS | 4.25 | 0.49 | 0.18 | -1.47 | 2.27 | 3.59 | 10.94 | 7.74 | 7.09 | 1.75 | -2.94 | -0.69 |
| Weighted Average OS | 157.95M | 182.86M | 217.28M | 246.04M | 253.44M | 266.79M | 298.38M | 318.69M | 304.16M | 329.86M | 79.31M | 79.31M |
| EBITDA | -$41.57M | $31.93M | $21.4M | -$30.26M | $144.2M | $193.67M | $593.98M | $398.95M | $363.67M | $107.13M | -$34.54M | -$8.14M |
| EBITDA Margin | -677.7% | 98.4% | 113.0% | -35.0% | 58.2% | 35.0% | 44.8% | 34.6% | 50.8% | 49.5% | -98.0% | -168.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Assets | ||||||||||||
| Current Assets | ||||||||||||
| Cash and Cash Equivalents | $1.06B | $639.15M | $1.08B | $525.02M | $309.66M | $230.51M | $428.91M | $374.98M | $1.02B | $117.8M | $31.5M | $289K |
| Short-Term Investments | $414.71M | $468.88M | $329.38M | $806.31M | $888.51M | $755.94M | $34.65M | $0 | $44.98M | $64.5M | $7.35M | $0 |
| Cash and Short-Term Investments | $1.47B | $1.11B | $1.41B | $1.33B | $1.2B | $986.45M | $463.56M | $374.98M | $1.07B | $182.3M | $38.85M | $289K |
| Accounts Receivable | $803K | $39.88M | $53.11M | $207K | $541.33M | $98.13M | $1.76B | $1.61B | $1.4B | $809.7M | $317.09M | $63.1M |
| Inventory | $8.2M | $1.6M | $1.56M | $17.5M | $2.28M | $13.78M | $1.34M | $19.19M | $0 | $0 | $0 | $0 |
| Other Current Assets | -$64.59M | $181.69M | $47.8M | $445.18M | $70.55M | $637.49M | $309.49M | $143.41M | $370.41M | $44.63M | $8.84M | $3.33M |
| Total Current Assets | $1.47B | $1.52B | $1.52B | $1.66B | $1.83B | $1.75B | $2.55B | $2.17B | $2.88B | $1.04B | $366.49M | $66.77M |
| Long-Term Assets | ||||||||||||
| Property, Plant & Equipment Net | $265.62M | $261.47M | $220.82M | $131.48M | $143.88M | $77.04M | $36.23M | $3.93M | $692K | $732K | $282K | $162K |
| Goodwill | $0 | $0 | $0 | $39 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $238K | $331K | $464K | $1.45M | $1.65M | $1.27M | $1.02M | $17.06M | $886K | $19K | $4K | $0 |
| Long-Term Investments | $46.88M | $33.75M | $52.08M | $52.49M | $55.72M | $83.83M | $40.17M | $4.98M | $6.67M | $9.77M | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $13.09M | $23.23M | $43.52M | $36.49M | $17.31M | $2.67M | $0 | $0 |
| Other Long-Term Assets | $255.38M | $52.98M | $74.79M | $67.63M | $66.47M | $70.63M | $79.67M | $202.03M | $3.65M | $15.09M | $34.35M | $14.61M |
| Total Long-Term Assets | $568.12M | $348.52M | $348.15M | $253.05M | $280.8M | $256M | $200.61M | $264.49M | $29.21M | $28.28M | $34.64M | $14.77M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.04B | $1.87B | $1.87B | $1.91B | $2.11B | $2.01B | $2.75B | $2.44B | $2.91B | $1.07B | $401.12M | $81.54M |
| Liabilities | ||||||||||||
| Current Liabilities | ||||||||||||
| Accounts Payable | $26.09M | $20.28M | $20.33M | $16.17M | $16.45M | $7.55M | $13.33M | $16.46M | $19.62M | $13.72M | $3.08M | $0 |
| Short-Term Debt | $237.06M | $107.94M | $0 | $4.36M | $5.61M | $3.55M | $157.35M | $578.76M | $1.2B | $627.15M | $234.31M | $58.87M |
| Current Income Tax Payable | $0 | $5.57M | $17.45M | $13.61M | $35.01M | $12.09M | $138.55M | $77.3M | $45.07M | $28.91M | $1.63M | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $55.03M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$44.18M | $23.29M | $58.79M | $58.97M | $5.37M | $6.04M | $251.13M | $56.26M | $17.67M | $3.58M | $621K | $15.37M |
| Total Current Liabilities | $237.06M | $168.52M | $113.11M | $87.69M | $73.99M | $70.85M | $584.28M | $752.5M | $1.4B | $678.83M | $482.38M | $75.97M |
| Long-Term Liabilities | ||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $17.43M | $123.94M | $138.59M | $350.74M | $61.98M | $76.46M | $11.4M | $13.4M | $11.28M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $318K | $10.28M | $1.64M | $26.83M | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $67.87M | $0 | $0 | -$35 | $1.5M | $0 | $0 | $0 | $0 | $891.12M | $891.12M | $0 |
| Total Long-Term Liabilities | $67.97M | $7.3M | $5.96M | $17.81M | $161.02M | $152.26M | $380.83M | $61.98M | $76.46M | $902.52M | $904.52M | $11.28M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $305.03M | $175.83M | $119.07M | $105.5M | $235.01M | $223.11M | $965.12M | $814.48M | $1.48B | $1.58B | $1.39B | $87.25M |
| Stockholders' Equity | ||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $71 | $0 | $0 | $0 | $891.12M | $891.12M | $891.12M |
| Common Stock | $26K | $26K | $26K | $26K | $26K | $26K | $26K | $31K | $33K | $8K | $0 | $0 |
| Retained Earnings | $1.41B | $1.3B | $1.29B | $1.28B | $1.33B | $1.25B | $1.25B | $759.64M | $369.93M | -$526.35M | -$994.52M | -$897.23M |
| Comprehensive Income & Other | -$8.28M | $2.06M | -$3.62M | -$6.89M | -$8.84M | -$7.71M | -$1.94M | -$6.73M | -$11.69M | $0 | $0 | $0 |
| Other Stockholders' Equity | $337.94M | $392.96M | $466.16M | $525.21M | $541.52M | $537.36M | $538.61M | $862.56M | $1.06B | $903.18M | $899.86M | $891.53M |
| Total Equity | $1.74B | $1.69B | $1.75B | $1.81B | $1.88B | $1.78B | $1.79B | $1.62B | $1.43B | $376.84M | -$94.65M | -$5.71M |
| Minority Interest | $0 | $0 | $0 | $0 | $1.03M | $1.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.05B | $1.87B | $1.87B | $1.91B | $2.11B | $2.01B | $2.75B | $2.44B | $2.91B | $1.96B | $1.29B | $81.54M |
| Supplementary Data | ||||||||||||
| Total Debt | $237.16M | $118.05M | $10.45M | $22.79M | $154.86M | $154.18M | $514.63M | $640.73M | $1.27B | $638.55M | $247.7M | $70.14M |
| Net Debt | -$821.35M | -$521.11M | -$1.07B | -$502.23M | -$154.79M | -$76.33M | $85.72M | $265.76M | $248.44M | $520.75M | $216.2M | $69.85M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Operating Activities | ||||||||||||
| Net Income | $106.24M | $13.75M | $5.87M | -$54.28M | $87.84M | $143.75M | $489.38M | $373.5M | $324.49M | $86.45M | -$34.96M | -$8.15M |
| Depreciation & Amortization | $10.02M | $8.32M | $6.19M | $9.64M | $14.91M | $6.59M | $6.93M | $1.81M | $868K | $225K | $102K | $11K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $30.69M | $201.48M | $341.31M | -$19.18B | -$14.64B | $21.98M | $6.65M | $0 |
| Stock-Based Compensation | $0 | $339K | $740K | $3.61M | $5.3M | $6.84M | $13.09M | $8.69M | $9.6M | $3.32M | $8.34M | $543K |
| Changes in Working Capital: | ||||||||||||
| Accounts Receivable | $4.38M | -$1.27M | -$3.91M | $6.6M | $4.79M | $11.59M | $581K | $16.8M | -$11.84M | -$7.27M | $410K | -$813K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $1.37M | -$30.44M | $62.01M | $34.78M | -$7.69M | -$3.75M | -$29.81M | -$91.74M | $43.13M | $10.65M | $1.49M | $1.97M |
| Total Working Capital Change | $5.75M | -$31.71M | $58.1M | $41.38M | -$2.9M | $7.84M | -$29.23M | -$74.94M | $31.29M | $3.38M | $1.9M | $1.16M |
| Other Non-Cash Items | -$19M | -$7.33M | -$18.12M | $38.76M | $2.4M | $4.06M | $3.59M | $19.37B | $14.74B | $3.69M | $2.63M | $333K |
| Net Cash from Operating | $103M | -$16.64M | $52.77M | $39.11M | $138.24M | $370.56M | $825.07M | $499.58M | $461.17M | $119.05M | -$15.34M | -$6.1M |
| Investing Activities | ||||||||||||
| Capital Expenditures | -$17.48M | -$47.67M | -$84.71M | -$41.02M | -$71.73M | -$33.25M | -$11.45M | -$21.05M | -$1.69M | -$691K | -$226K | -$227K |
| Acquisitions | $0 | -$2.1M | $0 | -$4.82M | $0 | -$110.75M | -$2.25M | $0 | -$60 | -$10.49M | $0 | $0 |
| Purchases of Investments | -$2.12B | -$1.89B | -$2.88B | -$2.33B | -$2.98B | -$2.53B | -$101.49M | -$202.78M | -$173.18M | -$736.15M | -$131.52M | $0 |
| Sales of Investments | $2.23B | $1.59B | $3.56B | $2.41B | $2.82B | $1.78B | $68.64M | $249.27M | $192.7M | $679M | $124.28M | $0 |
| Other Investing Activities | $33.04M | -$738K | -$11.63M | $250.56M | $193.68M | $405.34M | -$92.81M | -$443.83M | -$123.6M | -$471.1M | -$272.14M | -$103.57M |
| Net Cash from Investing | $126.75M | -$351.47M | $584M | $282.57M | -$36.97M | -$490.22M | -$139.36M | -$418.39M | -$105.78M | -$539.43M | -$279.59M | -$103.8M |
| Financing Activities | ||||||||||||
| Debt Repaid | $107.94M | -$107.94M | $21.79M | $103.31M | $11.46M | $269.19M | $129.11M | $806.75M | -$624.33M | -$388.21M | -$176.64M | - |
| Common Stock Issuance | $15K | $0 | $0 | $0 | $183 | $1.5M | $0 | $0 | $800.5M | $0 | $0 | $0 |
| Common Stock Repurchases | -$45.05M | -$79.93M | -$63.07M | -$21.87M | $0 | -$2.33M | -$312.92M | -$211.42M | -$63.14M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$125.7M | $0 | $0 |
| Other Financing Activities | $0 | $0 | $32 | $21 | -$1.16M | $31.45M | -$63.56M | $9.53M | -$798.91M | $244.18M | $149.51M | $110.29M |
| Net Cash from Financing | $83.29M | $28.01M | -$84.85M | -$125.18M | -$12.62M | -$238.56M | -$505.58M | -$1.01B | $562.78M | $506.69M | $326.14M | $110.29M |
| Forex Effect | -$11.48M | $6.93M | $1.88M | $2.79M | -$3.12M | -$8.42M | $11.41M | -$8.65M | -$11.69M | $0 | $0 | $0 |
| Net Change in Cash | $301.57M | -$333.16M | $553.81M | $199.29M | $85.52M | -$366.65M | $191.53M | -$936.09M | $906.49M | $86.3M | $31.21M | $386K |
| Supplementary Data | ||||||||||||
| Operating Cash Flow | $103M | -$16.64M | $52.77M | $39.11M | $138.24M | $370.56M | $825.07M | $499.58M | $461.17M | $119.05M | -$15.34M | -$6.1M |
| Capital Expenditure | -$17.48M | -$47.67M | -$84.71M | -$41.02M | -$71.73M | -$33.25M | -$11.45M | -$21.05M | -$1.69M | -$691K | -$226K | -$227K |
| Free Cash Flow | $85.52M | -$64.32M | -$31.93M | -$1.91M | $66.51M | $337.31M | $813.61M | $478.53M | $459.48M | $118.35M | -$15.57M | -$6.33M |
| Cash at Beginning | $756.27M | $1.09B | $535.63M | $336.33M | $250.81M | $617.46M | $425.92M | $1.36B | $117.8M | $31.5M | $289K | $0 |
| Cash at End | $1.06B | $756.27M | $1.09B | $535.63M | $336.33M | $250.81M | $617.46M | $425.92M | $1.02B | $117.8M | $31.5M | $386K |