Weidai (Weidai) Scaled Net Operating Assets : 0.03 (As of Dec. 2021)

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What is Weidai Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Weidai's operating assets for the quarter that ended in Dec. 2021 was $126.6 Mil. Weidai's operating liabilities for the quarter that ended in Dec. 2021 was $115.5 Mil. Weidai's Total Assets for the quarter that ended in Jun. 2021 was $328.7 Mil. Therefore, Weidai's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2021 was 0.03.

Weidai Scaled Net Operating Assets Historical Data

The historical data trend for Weidai's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Weidai Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Scaled Net Operating Assets

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-0.20

0.07

0.19

0.26

0.03

Weidai Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Scaled Net Operating Assets	Get a 7-Day Free Trial						0.19	0.17	0.34	0.32	0.03

Competitive Comparison of Weidai's Scaled Net Operating Assets

For the Credit Services subindustry, Weidai's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Credit Services Industry

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

* The bar in red indicates where Weidai's Scaled Net Operating Assets falls into.

Weidai Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Weidai's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2021 )
=	(Operating Assets (A: Dec. 2021 )	-	Operating Liabilities (A: Dec. 2021 ))	/	Total Assets (A: Dec. 2020 )
=	(126.628	-	115.47)	/	407.206
=	0.03

where

	Operating Assets		(A: Dec. 2021 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	188.351	-	61.723
=	126.628

	Operating Liabilities		(A: Dec. 2021 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	120.007	-	2.719	-	1.818
=	115.47

Weidai's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2021 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2021 )
=	(Operating Assets (Q: Dec. 2021 )	-	Operating Liabilities (Q: Dec. 2021 ))	/	Total Assets (Q: Jun. 2021 )
=	(126.628	-	115.47)	/	328.723
=	0.03

where

	Operating Assets		(Q: Dec. 2021 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	188.351	-	61.723
=	126.628

	Operating Liabilities		(Q: Dec. 2021 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	120.007	-	2.719	-	1.818
=	115.47

Weidai Scaled Net Operating Assets Related Terms

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Weidai (Weidai) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Weidai Ltd (OTCPK:WEIDY) » Definitions » Scaled Net Operating Assets

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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.