Weidai Ltd. (WEI)
Stock Price:
$1.90 USD
-0.54 (-22.13%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed
After-hours: $1.80 -0.10 (-5.26%) Oct 23, 7:59 PM
Key Info
| Market Cap |
133.88M |
| Revenue (ttm) |
302.50M |
| Net Income (ttm) |
253.61M |
| Shares Out |
35.39M |
| EPS (ttm) |
1.40 |
| PE Ratio |
1.36 |
| Forward PE |
n/a |
| Dividend |
n/a |
| Dividend Yield |
n/a |
Stock Quote
| Trading Day |
Oct 23, 2020 |
| Last Price |
$1.90 |
| Previous Close |
$2.44 |
| Change ($) |
-0.54 |
| Change (%) |
-22.13% |
| Day's Open |
2.29 |
| Day's Range |
1.85 - 2.35 |
| Day's Volume |
4,800,925 |
| 52-Week Range |
0.73 - 6.50 |
More Stats
| Market Cap |
133.88M |
| Enterprise Value |
-217.41M |
| Earnings Date (est) |
Dec 15, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
35.39M |
| Float |
n/a |
| EPS (basic) |
n/a |
| EPS (diluted) |
1.40 |
| FCF / Share |
1.75 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
| Earnings Yield |
73.68% |
| FCF Yield |
92.28% |
| Payout Ratio |
n/a |
| Shares Short |
16,562 |
| Short Ratio |
0.47 |
| Short % of Float |
n/a |
| Beta |
n/a |
| PE Ratio |
1.36 |
| Forward PE |
n/a |
| P/FCF Ratio |
1.08 |
| PS Ratio |
0.44 |
| PB Ratio |
0.50 |
| Revenue |
302.50M |
| Operating Income |
29.71M |
| Net Income |
253.61M |
| Free Cash Flow |
123.54M |
| Net Cash |
351.29M |
| Net Cash / Share |
4.99 |
| Gross Margin |
34.42% |
| Operating Margin |
9.82% |
| Profit Margin |
12.00% |
| FCF Margin |
40.84% |
| ROA |
-4.43% |
| ROE |
-16.73% |
| ROIC |
24.70% |
Key stats in USD, based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (1)
| Buy |
0 |
| Overweight |
0 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
1 |
Low
2.22
Current: $1.90
High
2.22
Target: 2.22
*Average 12-month USD price target from 1 stock analysts.
Financial Performance
Financial numbers in millions CNY.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 |
|---|
| Revenue | 2,118 | 3,162 | 3,061 | 1,617 |
| Revenue Growth | -33.03% | 3.28% | 89.35% | - |
| Gross Profit | 729 | 1,404 | 1,276 | 623 |
| Operating Income | 208 | 642 | 585 | 379 |
| Net Income | 254 | 602 | 475 | 291 |
| Shares Outstanding | 70.45 | 50.95 | 48.39 | 48.39 |
| Earnings Per Share | 3.60 | 10.93 | 7.25 | 2.60 |
| EPS Growth | -67.06% | 50.76% | 178.85% | - |
| Operating Cash Flow | 887 | 1,215 | 2,284 | 924 |
| Capital Expenditures | -22.36 | -32.61 | -62.37 | -52.33 |
| Free Cash Flow | 865 | 1,182 | 2,222 | 872 |
| Cash & Equivalents | 3,734 | 4,848 | 4,805 | 1,608 |
| Total Debt | 1,275 | 2,006 | 2,083 | 890 |
| Net Cash / Debt | 2,459 | 2,843 | 2,722 | 718 |
| Assets | 5,027 | 6,316 | 6,268 | 2,105 |
| Liabilities | 2,749 | 4,099 | 5,092 | 1,370 |
| Book Value | 2,272 | 2,209 | 787 | 345 |
Numbers in millions CNY, except per-share numbers.
Company Details
| Full Name |
Weidai Ltd. |
| Country |
China |
| Employees |
6,970 |
| CEO |
Hong Yao |
Stock Information
| Ticker Symbol |
WEI |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Financial Services |
| Industry |
Credit Services |
| Unique Identifier |
NYSE: WEI |
| IPO Date |
November 15, 2018 |
Description
Weidai, through its subsidiaries, provides auto-backed financing solutions in the People's Republic of China. Its auto-backed financing platform connects borrowers primarily small and micro enterprise owners with online investors and institutional funding partners. The company was founded in 2011 and is headquartered in Hangzhou, the People's Republic of China.