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 also offers auto-backed loans; other secured loans, including home equity and construction machinery loans; and unsecured … Read more
Weidai Ltd. (WEIDY) - Total Assets
Latest total assets as of March 2022: $1.20 Billion USD
Based on the latest financial reports, Weidai Ltd. (WEIDY) holds total assets worth $1.20 Billion USD as of March 2022.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Weidai Ltd. - Total Assets Trend (2016–2021)
This chart illustrates how Weidai Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Weidai Ltd. - Asset Composition Analysis
Current Asset Composition (December 2021)
Weidai Ltd.'s total assets of $1.20 Billion consist of 93.9% current assets and 6.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.6% |
| Accounts Receivable | $485.25 Million | 40.5% |
| Inventory | $282.83 Million | 23.6% |
| Property, Plant & Equipment | $50.78 Million | 4.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2021)
This chart illustrates how Weidai Ltd.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Weidai Ltd.'s current assets represent 93.9% of total assets in 2021, a decrease from 95.5% in 2016.
- Cash Position: Cash and equivalents constituted 19.6% of total assets in 2021, down from 62.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 40.5% of total assets.
Weidai Ltd. Competitors by Total Assets
Key competitors of Weidai Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pappajack Bhd
KLSE:0242
|
Malaysia | RM361.68 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
Malaysia | RM361.11 Million |
|
Samsung Card Co. Ltd.
KO:029780
|
Korea | ₩32.17 Trillion |
|
Yiren Digital Ltd
F:19YA
|
Germany | €14.45 Billion |
|
Yixin Group Limited
F:1YX
|
Germany | €50.34 Billion |
|
BFF Bank S.p.A
F:2BF
|
Germany | €12.13 Billion |
|
Resurs Holding AB (publ)
F:4R6
|
Germany | €50.33 Billion |
|
Aeon Credit Service Bhd
KLSE:5139
|
Malaysia | RM15.62 Billion |
Weidai Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Weidai Ltd. generates 0.59x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Weidai Ltd. is currently not profitable relative to its asset base.
Weidai Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.51 | 2.04 | 1.13 |
| Quick Ratio | 1.13 | 1.16 | 0.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $379.30 Million | $ 1.11 Billion | $ 614.26 Million |
Weidai Ltd. - Advanced Valuation Insights
This section examines the relationship between Weidai Ltd.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.02 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -54.9% |
| Total Assets | $1.20 Billion |
| Market Capitalization | $1.41K USD |
Valuation Analysis
Below Book Valuation: The market values Weidai Ltd.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Weidai Ltd.'s assets decreased by 54.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Weidai Ltd. (2016–2021)
The table below shows the annual total assets of Weidai Ltd. from 2016 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $1.20 Billion | -54.95% |
| 2020-12-31 | $2.66 Billion | -47.03% |
| 2019-12-31 | $5.03 Billion | -20.42% |
| 2018-12-31 | $6.32 Billion | +0.78% |
| 2017-12-31 | $6.27 Billion | +197.69% |
| 2016-12-31 | $2.11 Billion | -- |