(QSG) QuantaSing American - Ratings and Ratios

Exchange: NASDAQ • Country: China • Currency: USD • Type: Common Stock • ISIN: US74767N1072

Pop Toys, Learning Services, Personalized Guidance

Restaurants
Market Cap in USD: 327m
IPO / Inception: 2023-01-25
12m vs SPY: 129%

EPS (Earnings per Share)

EPS (Earnings per Share) of QSG over the last years for every Quarter: "2021-03": null, "2021-06": null, "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": null, "2022-09": null, "2022-12": null, "2023-03": -0.0824, "2023-06": 0.1284, "2023-09": 0.38, "2023-12": 0.64, "2024-03": 0.09, "2024-06": 0.48, "2024-09": 0.55, "2024-12": 0.8, "2025-03": 0.23, "2025-06": 0.67, "2025-09": null,
EPS CAGR: 265.73%
EPS Trend: 61.9%
Last SUE: 0.99
Qual. Beats: 1

Revenue

Revenue of QSG over the last years for every Quarter: 2021-03: 439.985, 2021-06: 439.985, 2021-09: 744.041, 2021-12: 803.976, 2022-03: 690.914, 2022-06: 629.043, 2022-09: 629.043, 2022-12: 807.243, 2023-03: 807.243, 2023-06: 828.347, 2023-09: 869.136, 2023-12: 980.542, 2024-03: 945.57, 2024-06: 1000.083, 2024-09: 810.404, 2024-12: 726.647, 2025-03: 570.706, 2025-06: null, 2025-09: 127.147,
Rev. CAGR: -37.57%
Rev. Trend: -35.6%
Last SUE: -0.02
Qual. Beats: 0

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 93.2%
Value at Risk 5%th 126%
Relative Tail Risk -17.98%
Reward TTM
Sharpe Ratio 1.28
Alpha 128.55
CAGR/Max DD -0.27
Character TTM
Hurst Exponent 0.537
Beta 1.206
Beta Downside 1.838
Drawdowns 3y
Max DD 92.47%
Mean DD 67.74%
Median DD 78.89%

Description: QSG QuantaSing American December 25, 2025

QuantaSing Group Limited (NASDAQ: QSG) is a Beijing-based company founded in 2019 that designs, manufactures, and sells pop-culture collectible toys. In addition to its core toy business, the firm claims to offer “personal learning and development” services, including personalized guidance and hands-on exercises, positioning itself as a hybrid of consumer goods and experiential education.

Key market signals that could affect QSG’s outlook include: (1) China’s youth consumer segment is projected to grow at ~6 % CAGR through 2027, driven by rising disposable income and a cultural shift toward collectible merchandise; (2) E-commerce penetration for toys in China reached ~78 % in 2023, suggesting that a strong online distribution strategy is a critical success factor; and (3) The company’s classification under the GICS “Restaurants” sub-industry appears misaligned, raising a data-quality risk that could obscure peer-group benchmarking and valuation metrics. Publicly disclosed revenue for FY 2023 was approximately RMB 1.2 bn, but the lack of audited financials on the NASDAQ filing makes this figure uncertain.

If you’re evaluating niche consumer-goods plays in China, a quick look at ValueRay’s sector-specific analytics may help surface comparable peers and deeper KPI trends.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (540.2m TTM) > 0 and > 6% of Revenue (6% = 134.1m TTM)
FCFTA 0.19 (>2.0%) and ΔFCFTA 3.18pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 37.94% (prev 12.11%; Δ 25.82pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.20 (>3.0%) and CFO 282.7m <= Net Income 540.2m (YES >=105%, WARN >=100%)
Net Debt (-713.8m) to EBITDA (273.5m) ratio: -2.61 <= 3.0 (WARN <= 3.5)
Current Ratio 4.75 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (164.0m) change vs 12m ago 194.8% (target <= -2.0% for YES)
Gross Margin 80.84% (prev 85.50%; Δ -4.66pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 155.6% (prev 266.1%; Δ -110.5pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -9.42 (EBITDA TTM 273.5m / Interest Expense TTM -25.9m) >= 6 (WARN >= 3)

Altman Z'' 5.35

(A) 0.59 = (Total Current Assets 1.07b - Total Current Liabilities 226.1m) / Total Assets 1.45b
(B) 0.05 = Retained Earnings (Balance) 66.2m / Total Assets 1.45b
(C) 0.17 = EBIT TTM 244.4m / Avg Total Assets 1.44b
(D) 0.20 = Book Value of Equity 66.2m / Total Liabilities 335.1m
Total Rating: 5.35 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 77.04

1. Piotroski 3.50pt
2. FCF Yield 17.28%
3. FCF Margin 12.49%
4. Debt/Equity 0.07
5. Debt/Ebitda -2.61
6. ROIC - WACC (= 20.93)%
7. RoE 75.38%
8. Rev. Trend -35.60%
9. EPS Trend 61.87%

What is the price of QSG shares?

As of January 15, 2026, the stock is trading at USD 5.04 with a total of 261,212 shares traded.
Over the past week, the price has changed by +0.00%, over one month by -1.75%, over three months by -28.41% and over the past year by +176.92%.

Is QSG a buy, sell or hold?

QuantaSing American has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold QSG.
  • Strong Buy: 0
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the QSG price?

Issuer Target Up/Down from current
Wallstreet Target Price 13.6 170%
Analysts Target Price 13.6 170%
ValueRay Target Price 5.2 3.6%

QSG Fundamental Data Overview January 11, 2026

Market Cap CNY = 2.28b (326.9m USD * 6.978 USD.CNY)
P/E Trailing = 6.6044
P/E Forward = 32.0513
P/S = 0.1199
P/B = 2.1913
Revenue TTM = 2.23b CNY
EBIT TTM = 244.4m CNY
EBITDA TTM = 273.5m CNY
Long Term Debt = 13.2m CNY (from capitalLeaseObligations, last quarter)
Short Term Debt = 10.2m CNY (from shortLongTermDebt, last quarter)
Debt = 66.1m CNY (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -713.8m CNY (from netDebt column, last fiscal year)
Enterprise Value = 1.62b CNY (2.28b + Debt 66.1m - CCE 731.8m)
Interest Coverage Ratio = -9.42 (Ebit TTM 244.4m / Interest Expense TTM -25.9m)
EV/FCF = 5.79x (Enterprise Value 1.62b / FCF TTM 279.1m)
FCF Yield = 17.28% (FCF TTM 279.1m / Enterprise Value 1.62b)
FCF Margin = 12.49% (FCF TTM 279.1m / Revenue TTM 2.23b)
Net Margin = 24.17% (Net Income TTM 540.2m / Revenue TTM 2.23b)
Gross Margin = 80.84% ((Revenue TTM 2.23b - Cost of Revenue TTM 428.2m) / Revenue TTM)
Gross Margin QoQ = 41.23% (prev 83.08%)
Tobins Q-Ratio = 1.12 (Enterprise Value 1.62b / Total Assets 1.45b)
Interest Expense / Debt = 10.62% (Interest Expense 7.02m / Debt 66.1m)
Taxrate = 7.52% (31.3m / 416.9m)
NOPAT = 226.0m (EBIT 244.4m * (1 - 7.52%))
Current Ratio = 4.75 (Total Current Assets 1.07b / Total Current Liabilities 226.1m)
Debt / Equity = 0.07 (Debt 66.1m / totalStockholderEquity, last quarter 889.2m)
Debt / EBITDA = -2.61 (Net Debt -713.8m / EBITDA 273.5m)
Debt / FCF = -2.56 (Net Debt -713.8m / FCF TTM 279.1m)
Total Stockholder Equity = 716.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 37.62% (Net Income 540.2m / Total Assets 1.45b)
RoE = 75.38% (Net Income TTM 540.2m / Total Stockholder Equity 716.6m)
RoCE = 33.48% (EBIT 244.4m / Capital Employed (Equity 716.6m + L.T.Debt 13.2m))
RoIC = 31.27% (NOPAT 226.0m / Invested Capital 722.8m)
WACC = 10.34% (E(2.28b)/V(2.35b) * Re(10.36%) + D(66.1m)/V(2.35b) * Rd(10.62%) * (1-Tc(0.08)))
Discount Rate = 10.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 71.45%
[DCF Debug] Terminal Value 74.03% ; FCFF base≈259.4m ; Y1≈320.0m ; Y5≈545.0m
Fair Price DCF = 183.6 (EV 6.22b - Net Debt -713.8m = Equity 6.93b / Shares 37.8m; r=10.34% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 61.87 | EPS CAGR: 265.7% | SUE: 0.99 | # QB: 1
Revenue Correlation: -35.60 | Revenue CAGR: -37.57% | SUE: -0.02 | # QB: 0
EPS current Year (2026-06-30): EPS=1.82 | Chg30d=-0.390 | Revisions Net=+1 | Growth EPS=-18.9% | Growth Revenue=-7.2%
EPS next Year (2027-06-30): EPS=2.76 | Chg30d=+0.495 | Revisions Net=+1 | Growth EPS=+51.4% | Growth Revenue=+14.5%

Additional Sources for QSG Stock

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Fund Manager Positions: Dataroma | Stockcircle