Weidai Ltd.

Weidai Ltd.verified

WEIDY

Price:

$0.0001

Market Cap:

$49.80K

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 loans comprising professional credit and consumption loans. In addition, it provides internet technology, asset management, and business management services. The company was founded in 2011 and is headquartered in Hangzhou, the People's Republic of China.

Industry

Financial - Credit Services

IPO Date

2018-11-15

Stock Exchange

OTC

Ticker

WEIDY

The Current Ratio as of November 2025 (TTM) for Weidai Ltd. (WEIDY) is 1.51

According to Weidai Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.51. This represents a change of -18.14% compared to the average of 1.84 of the last 4 quarters.

Weidai Ltd. (WEIDY) Historical Current Ratio (quarterly & annually)

How has WEIDY Current Ratio performed in the past?

The mean historical Current Ratio of Weidai Ltd. over the last ten years is 1.56. The current 1.51 Current Ratio has changed 9.59% with respect to the historical average. Over the past ten years (40 quarters), WEIDY's Current Ratio was at its highest in in the September 2019 quarter at 2.31. The Current Ratio was at its lowest in in the December 2017 quarter at 1.13.

Quarterly (TTM)
Annual

Average

1.56

Median

1.50

Minimum

1.13

Maximum

2.04

Weidai Ltd. (WEIDY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Weidai Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 32.32%

Maximum Annual Current Ratio = 2.04

Minimum Annual Increase = -25.99%

Minimum Annual Current Ratio = 1.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20211.51-25.99%
20202.0421.26%
20191.6812.12%
20181.5032.32%
20171.13-23.38%

Weidai Ltd. (WEIDY) Average Current Ratio

How has WEIDY Current Ratio performed in the past?

The current Current Ratio of Weidai Ltd. (WEIDY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.74

5-year avg

1.57

10-year avg

1.56

Weidai Ltd. (WEIDY) Current Ratio vs. Peers

How is WEIDY’s Current Ratio compared to its peers?

Weidai Ltd.’s Current Ratio is greater than WedoTalk Inc. (0), less than Colambda Technologies, Inc. (95.27), less than ZipLink, Inc. (2.85), less than Argus Worldwide Corp. (0), less than Raffles Financial Group Limited (15.47), greater than Amanasu Techno Holdings Corporation (0.05), greater than China Finance Online Co. Limited (0.98), greater than Palayan Resources, Inc. (0.01), less than First Montauk Financial Corp. (0), greater than Rhino Biotech Limited (0.31),

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