Weidai (Weidai) Net Margin % : -431.44% (As of Dec. 2021)

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What is Weidai Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Weidai's Net Income for the six months ended in Dec. 2021 was $-117.0 Mil. Weidai's Revenue for the six months ended in Dec. 2021 was $27.1 Mil. Therefore, Weidai's net margin for the quarter that ended in Dec. 2021 was -431.44%.

The historical rank and industry rank for Weidai's Net Margin % or its related term are showing as below:

WEIDY's Net Margin % is not ranked ^*
in the Credit Services industry.
Industry Median: 14.845
* Ranked among companies with meaningful Net Margin % only.

Weidai Net Margin % Historical Data

The historical data trend for Weidai's Net Margin % 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.

* Premium members only.

Weidai Net Margin % Chart

Weidai Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Net Margin %

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13.33

15.29

7.52

-46.28

-160.62

Weidai Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Net Margin %	Get a 7-Day Free Trial						2.96	-55.42	-34.28	-73.59	-431.44

Competitive Comparison of Weidai's Net Margin %

For the Credit Services subindustry, Weidai's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Weidai's Net Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Weidai's Net Margin % distribution charts can be found below:

* The bar in red indicates where Weidai's Net Margin % falls into.

Weidai Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Weidai's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin	=	Net Income (A: Dec. 2021 )	/	Revenue (A: Dec. 2021 )
	=	-179.088	/	111.497
	=	-160.62 %

Weidai's Net Margin for the quarter that ended in Dec. 2021 is calculated as

Net Margin	=	Net Income (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	-116.997	/	27.118
	=	-431.44 %

Weidai (OTCPK:WEIDY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Weidai Net Margin % Related Terms

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Weidai (Weidai) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Weidai Ltd (OTCPK:WEIDY) » Definitions » Net Margin %

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.