Weidai (Weidai) Accumulated Depreciation : $-17.5 Mil (As of Dec. 2021)

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What is Weidai Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Weidai's quarterly accumulated depreciation declined from Dec. 2020 ($-17.1 Mil) to Jun. 2021 ($0.0 Mil) but then increased from Jun. 2021 ($0.0 Mil) to Dec. 2021 ($-17.5 Mil).

Weidai's annual accumulated depreciation increased from Dec. 2019 ($-13.1 Mil) to Dec. 2020 ($-17.1 Mil) and increased from Dec. 2020 ($-17.1 Mil) to Dec. 2021 ($-17.5 Mil).

Weidai Accumulated Depreciation Historical Data

The historical data trend for Weidai's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Weidai Accumulated Depreciation Chart

Weidai Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accumulated Depreciation

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-2.41

-8.20

-13.12

-17.06

-17.48

Weidai Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Accumulated Depreciation	Get a 7-Day Free Trial						-13.12	-	-17.06	-	-17.48

Weidai Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Weidai Accumulated Depreciation Related Terms

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Weidai (Weidai) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Weidai Ltd (OTCPK:WEIDY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 668, Jianshe 3rd Road, Hongxin Science and Technology Park, Xiaoshan District, Zhejiang Province, Hangzhou, CHN

Website

https://www.weidai.com.cn

Weidai Ltd is engaged in the online finance marketplace business in the People's Republic of China. The company's platform connects borrowers, the majority of which are small and micro enterprise owners, with both online investors and institutional funding partners. It generates revenue from the service fees charged to borrowers for facilitation and management of loans, and also charge fees to online investors for facilitating their investments via a platform, and the transfer of their investments on its secondary loan market.