See more : Weifang Yaxing Chemical Co., Ltd. (600319.SS) Income Statement Analysis – Financial Results
Complete financial analysis of Weidai Ltd. (WEI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Weidai Ltd., a leading company in the Financial – Credit Services industry within the Financial Services sector.
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Weidai Ltd. (WEI)
About Weidai Ltd.
Weidai Ltd., through its subsidiaries, engages in the online finance marketplace business in the People's Republic of China. Its platform serves as the intermediary for borrowers primarily small and micro enterprise owners and provides them with accessible credit. The company offers auto-backed loans; other secured loans comprising home equity and construction machinery loans; and unsecured loans, including professional credit and consumption loans. The company was founded in 2011 and is headquartered in Hangzhou, the People's Republic of China.
| Metric | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 710.16M | 1.54B | 3.37B | 3.93B | 3.56B | 1.77B |
| Cost of Revenue | 383.29M | 769.82M | 1.40B | 1.78B | 1.80B | 1.00B |
| Gross Profit | 326.86M | 769.87M | 1.97B | 2.16B | 1.76B | 767.76M |
| Gross Profit Ratio | 46.03% | 50.00% | 58.37% | 54.79% | 49.43% | 43.43% |
| Research & Development | 22.19M | 27.14M | 81.66M | 139.32M | 100.97M | 56.14M |
| General & Administrative | 161.99M | 229.51M | 281.96M | 379.42M | 316.77M | 117.00M |
| Selling & Marketing | 3.42M | 15.11M | 138.07M | 221.12M | 273.84M | 71.14M |
| SG&A | 165.41M | 244.62M | 420.02M | 600.53M | 590.61M | 188.14M |
| Other Expenses | 882.03M | 902.54M | 1.15B | 702.93M | 430.45M | 139.96M |
| Operating Expenses | 1.07B | 1.17B | 1.65B | 1.44B | 1.12B | 384.25M |
| Cost & Expenses | 1.45B | 1.94B | 3.06B | 3.22B | 2.92B | 1.38B |
| Interest Income | 134.00K | 19.45M | 42.01M | 73.73M | 35.74M | 13.79M |
| Interest Expense | 134.00K | 0.00 | 0.00 | 5.60M | 4.95M | 0.00 |
| Depreciation & Amortization | 17.14M | 29.43M | 42.59M | 42.43M | 12.75M | 3.29M |
| EBITDA | -719.54M | -366.66M | 401.44M | 809.28M | 685.72M | 399.45M |
| EBITDA Ratio | -101.32% | -23.81% | 11.90% | 20.57% | 19.25% | 22.60% |
| Operating Income | -736.68M | -408.65M | 208.00M | 642.41M | 584.88M | 378.86M |
| Operating Income Ratio | -103.73% | -26.54% | 6.17% | 16.33% | 16.42% | 21.43% |
| Total Other Income/Expenses | -3.51M | 10.80M | 160.49M | 121.85M | 83.15M | 17.30M |
| Income Before Tax | -740.19M | -397.86M | 368.49M | 764.26M | 668.02M | 396.16M |
| Income Before Tax Ratio | -104.23% | -25.84% | 10.92% | 19.43% | 18.76% | 22.41% |
| Income Tax Expense | 403.85M | 316.49M | 105.24M | 159.63M | 193.20M | 105.13M |
| Net Income | -1.14B | -712.57M | 253.61M | 601.62M | 474.82M | 291.03M |
| Net Income Ratio | -161.10% | -46.28% | 7.52% | 15.29% | 13.33% | 16.46% |
| EPS | -10.64 | -50.56 | 18.00 | 59.04 | 36.25 | 22.22 |
| EPS Diluted | -10.64 | -50.56 | 18.00 | 59.04 | 36.25 | 22.22 |
| Weighted Avg Shares Out | 107.49M | 14.09M | 14.09M | 10.19M | 13.10M | 13.10M |
| Weighted Avg Shares Out (Dil) | 107.49M | 14.09M | 14.09M | 10.19M | 13.10M | 13.10M |
Weidai Stock Price Increased Over 30% Pre-Market: Details You Should Know
Weidai Ltd. Announces Full Year 2020 Financial Results
Weidai Ltd. to Hold Annual General Meeting on December 15, 2020
Weidai Regains Compliance after Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price on October 20, 2020
Source: https://incomestatements.info
Category: Stock Reports