Weidai Ltd. (WEIDY)

Weidai Income Statement

Financials in millions CNY. Fiscal year is January - December.

Year	2021	2020	2019	2018	2017
Revenue	710.16	1,540	3,373	3,934	3,561
Revenue Growth (YoY)	-53.88%	-54.36%	-14.26%	10.46%	101.45%
Cost of Revenue	383.29	769.82	1,404	1,779	1,801
Gross Profit	326.86	769.87	1,969	2,156	1,761
Selling, General & Admin	165.41	244.62	420.02	600.53	590.61
Research & Development	22.19	27.14	81.66	139.32	100.97
Other Operating Expenses	882.03	902.54	1,152	702.93	430.45
Operating Expenses	1,070	1,174	1,654	1,443	1,122
Operating Income	-742.77	-404.43	208	642.41	584.88
Interest Income	0.13	19.45	39.62	73.73	35.74
Interest Expense	0	0.09	0	5.6	4.95
Other Expense / Income	-2.44	12.78	-111.24	-50.71	-52.35
Pretax Income	-740.19	-397.86	368.49	764.26	668.02
Income Tax	403.85	316.49	105.24	159.63	193.2
Net Income	-1,144.04	-714.34	253.61	601.62	474.82
Net Income Growth	-	-	-57.85%	26.70%	63.15%
Shares Outstanding (Basic)	-	14	14	10	13
Shares Outstanding (Diluted)	-	14	14	10	13
Shares Change	-	0.02%	38.26%	-22.20%	-
EPS (Basic)	-	-50.69	18.00	59.04	36.25
EPS (Diluted)	-	-50.69	18.00	59.04	36.25
EPS Growth	-	-	-69.51%	62.87%	63.14%
Free Cash Flow	-46.89	-1,344.62	864.75	1,182	2,222
Free Cash Flow Per Share	-	-95.42	61.37	116.00	169.62
Gross Margin	46.03%	50.00%	58.37%	54.79%	49.43%
Operating Margin	-104.59%	-26.27%	6.17%	16.33%	16.42%
Profit Margin	-161.10%	-46.40%	7.52%	15.29%	13.33%
Free Cash Flow Margin	-6.60%	-87.33%	25.64%	30.05%	62.38%
Effective Tax Rate	-	-	28.56%	20.89%	28.92%
EBITDA	-742.77	-397.77	314.87	809.28	685.72
EBITDA Margin	-104.59%	-25.83%	9.33%	20.57%	19.25%
Depreciation & Amortization	17.14	29.43	42.59	42.43	12.75
EBIT	-759.91	-427.2	272.29	766.85	672.97
EBIT Margin	-107.01%	-27.75%	8.07%	19.49%	18.90%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.