WEIDY
Price:
$0.0001
Market Cap:
$47.61K
Weidai Ltd., through its associated companies, runs a leading online financial services marketplace throughout the People's Republic of China. Its digital platform primarily functions as an intermediary, facilitating accessible credit for small and micro business owners. The company provides a comprehensive suite of loan products, encompassing vehicle-backed financing, other secured loans (including those collateralized by home equity and construction machinery), and various unsecured credit options such as professional development loans and general consumption loans. Furthermore, Weidai offers internet technology, asset management, and business consulting services. Founded in 2011, the firm...[Read more]
Industry
Financial - Credit Services
IPO Date
2018-11-15
Stock Exchange
OTC
Ticker
WEIDY
According to Weidai Ltd.’s latest financial reports and current stock price. The company's current ROE is -114.08%. This represents a change of 9.14% compared to the average of -1.23% of the last 4 quarters.
The mean historical ROE of Weidai Ltd. over the last ten years is -31.60%. The current -114.08% ROE has changed 261.00% with respect to the historical average. Over the past ten years (40 quarters), WEIDY's ROE was at its highest in in the December 2020 quarter at 29.16%. The ROE was at its lowest in in the December 2021 quarter at -34.10%.
Average
-31.60%
Median
19.20%
Minimum
-262.42%
Maximum
40.37%
Discovering the peaks and valleys of Weidai Ltd. ROE, 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 = 474.94%
Maximum Annual ROE = 40.37%
Minimum Annual Increase = -508.82%
Minimum Annual ROE = -262.42%
| Year | ROE | Change |
|---|---|---|
| 2021 | -262.42% | 474.94% |
| 2020 | -45.64% | -508.82% |
| 2019 | 11.16% | -59.01% |
| 2018 | 27.24% | -32.53% |
| 2017 | 40.37% | 1.75% |
The current ROE of Weidai Ltd. (WEIDY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-98.96%
5-year avg
-45.86%
10-year avg
-31.60%
Weidai Ltd.’s ROE is less than WedoTalk Inc. (102.52%), less than Colambda Technologies, Inc. (0.43%), greater than ZipLink, Inc. (-202.17%), less than Argus Worldwide Corp. (0%), greater than Raffles Financial Group Limited (-2.67%), less than Amanasu Techno Holdings Corporation (13.16%), greater than China Finance Online Co. Limited (-52.12%), less than Palayan Resources, Inc. (82.40%), less than First Montauk Financial Corp. (0%), less than Rhino Biotech Limited (42.73%),
| Company | ROE | Market cap |
|---|---|---|
| 102.52% | $6.00K | |
| 0.43% | $7.92K | |
| -202.17% | $5.16K | |
| 0% | $5.20K | |
| -2.67% | $11.42K | |
| 13.16% | $4.70K | |
| -52.12% | $244.00 | |
| 82.40% | $3.74K | |
| 0% | $1.00 | |
| 42.73% | $3.10K |
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What is the 3-year average ROE for Weidai Ltd. (WEIDY)?
What is the 5-year average ROE for Weidai Ltd. (WEIDY)?
How does the current ROE for Weidai Ltd. (WEIDY) compare to its historical average?