Weidai Ltd.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Weidai Ltd.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 54% to $710,155,000. Profit margin reached -161%. Total operating expenses were $1,069,632,000.

Profit Margin

Weidai Ltd. (OTC:WEIDY): Profit margin
2016 1.76B 291.02M 16.46%
2017 3.56B 474.82M 13.33%
2018 3.93B 601.61M 15.29%
2019 3.37B 253.61M 7.52%
2020 1.53B -714.34M -46.4%
2021 710.15M -1.14B -161.1%

WEIDY Income Statement (2016 – 2021)

2021 2020 2019 2018 2017 2016
Revenue
Revenue
710.15M1.53B3.37B3.93B3.56B1.76B
Cost of revenue
383.29M769.81M1.40B1.77B1.80B1.00B
Gross profit
326.86M769.87M1.96B2.15B1.76B767.75M
Operating exp.
Research and development
22.19M27.14M81.66M139.31M100.96M56.14M
Selling and marketing
3.42M15.11M138.06M221.11M273.83M71.13M
Total operating expenses
1.06B1.17B1.65B1.44B1.12B384.24M
Operating income
-742.76M-404.43M207.99M642.40M584.87M378.85M
Other income (expenses), net
2.57M10.79M160.48M121.85M83.14M17.30M
Income before tax
-740.19M-397.85M368.48M764.25M668.02M396.15M
Income tax expense
403.85M316.48M105.24M159.62M193.20M105.13M
Net income
-1.14B-714.34M253.61M601.61M474.82M291.02M
Earnings per share
Basic EPS
0-50.691859.0436.2522.22
Diluted EPS
0-50.691859.0436.2522.22
Data sourceData sourceData sourceData source