Weidai Financials

Based on the key indicators obtained from Weidai's historical financial statements, Weidai is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May.
With this module, you can analyze Weidai financials for your investing period. You should be able to track the changes in Weidai individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Weidai Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Weidai's financial statements are interrelated, with each one affecting the others. For example, an increase in Weidai's assets may result in an increase in income on the income statement.
The data published in Weidai's official financial statements usually reflect Weidai's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Weidai. For example, before you start analyzing numbers published by Weidai accountants, it's critical to develop an understanding of what Weidai's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Weidai's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Weidai's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Weidai's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Weidai. Please utilize our Beneish M Score to check the likelihood of Weidai's management manipulating its earnings.

Weidai Stock Summary

Weidai competes with Relx PLC, KNOT Offshore, Coursera, Golden Energy, and Boston Beer. Weidai Ltd., through its subsidiaries, engages in the online finance marketplace business in the Peoples Republic of China. The company was founded in 2011 and is headquartered in Hangzhou, the Peoples Republic of China. Weidai is traded on New York Stock Exchange in the United States.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS94861A2078
Business AddressHongxin Science and
SectorFinancial Services
IndustryCredit Services
BenchmarkNYSE Composite
Websitewww.weidai.com.cn
Phone86 57 1569 79013
CurrencyUSD - US Dollar
You should never invest in Weidai without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Weidai Stock, because this is throwing your money away. Analyzing the key information contained in Weidai's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Weidai Key Financial Ratios

Generally speaking, Weidai's financial ratios allow both analysts and investors to convert raw data from Weidai's financial statements into concise, actionable information that can be used to evaluate the performance of Weidai over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Weidai reports annually and quarterly.

Weidai Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Weidai's current stock value. Our valuation model uses many indicators to compare Weidai value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Weidai competition to find correlations between indicators driving Weidai's intrinsic value. More Info.
Weidai is rated first in return on equity category among related companies. It is rated first in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Weidai by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Weidai's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Weidai's earnings, one of the primary drivers of an investment's value.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Weidai information on this page should be used as a complementary analysis to other Weidai's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Consideration for investing in Weidai Stock

If you are still planning to invest in Weidai check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Weidai's history and understand the potential risks before investing.
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