| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | CNY mil | 13.6 | 30.3 | 66.8 |
| Net Fee Income | CNY mil | 1,761 | 3,297 | 3,687 |
| Other Income | CNY mil | 0.130 | 248 | 226 |
| Total Revenues | CNY mil | 1,775 | 3,576 | 3,980 |
| Operating Profit | CNY mil | 537 | 1,099 | 1,461 |
| Provisions | CNY mil | 145 | 484 | 752 |
| Net Profit | CNY mil | 291 | 475 | 602 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | CNY mil | 0 | 1,101 | 1,624 |
| Customer Loans | CNY mil | 293 | 2,329 | 1,904 |
| Total Assets | CNY mil | 2,105 | 6,268 | 6,316 |
| Shareholders' Equity | CNY mil | 735 | 1,176 | 2,217 |
| Interbank Borrowing | CNY mil | 0 | 200 | 0 |
| Customer Deposits | CNY mil | 0 | 0 | 0 |
| Issued Debt Securities | CNY mil | 0 | 0 | 0 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | 39.6 | 49.7 | 35.5 |
| ROA | % | 13.8 | 11.3 | 9.56 |
| Costs (As % Of Assets) | % | 58.8 | 59.2 | 40.0 |
| Costs (As % Of Income) | % | 69.7 | 69.3 | 63.3 |
| Net Interest Margin | % | 0.648 | 0.724 | 1.06 |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | ... | ... | 7.46 | |
| Price/Book Value (P/BV) | ... | ... | 2.02 | |
| Earnings Per Share (EPS) | CNY | 301 | 461 | 11.8 |
| Book Value Per Share | CNY | 760 | 1,143 | 43.5 |
Get all company financials in excel:
| summary | Unit | 2016 | 2017 | 2018 |
| income statement | ||||
| Net Interest Income | CNY mil | 13.6 | ||
| Total Revenues | CNY mil | 1,775 | ||
| Operating Profit | CNY mil | 537 | ||
| Net Profit | CNY mil | 291 | ||
| balance sheet | ||||
| Interbank Loans | CNY mil | 0 | ||
| Customer Loans | CNY mil | 293 | ||
| Debt Securities | CNY mil | 13.3 | ||
| Total Assets | CNY mil | 2,105 | ||
| Shareholders' Equity | CNY mil | 735 | ||
| Interbank Borrowing | CNY mil | 0 | ||
| Customer Deposits | CNY mil | 0 | ||
| Issued Debt Securities | CNY mil | 0 | ||
| ratios | ||||
| ROE | % | 39.6 | ||
| ROA | % | 13.8 | ||
| Costs (As % Of Assets) | % | 58.8 | ||
| Costs (As % Of Income) | % | 69.7 | ||
| Net Interest Margin | % | 0.648 | ||
| Interest Income (As % Of Revenues) | % | 0.769 | ||
| Fee Income (As % Of Revenues) | % | 99.2 | ||
| Equity (As % Of Assets) | % | 34.9 | ||
| Loans (As % Assets) | % | 13.9 | ||
| valuation | ||||
| Market Capitalisation (End Of Period) | USD mil | ... | ... | |
| Number Of Shares (Average) | mil | 0.968 | ||
| Share Price (End Of Period) | CNY | ... | ... | |
| Earnings Per Share (EPS) | CNY | 301 | ||
| Book Value Per Share | CNY | 760 | ||
| Price/Earnings (P/E) | ... | ... | ||
| Price/Book Value (P/BV) | ... | ... | ||
| Earnings Per Share Growth | % | ... | ||
| Book Value Per Share Growth | % | ... |
| income statement | Unit | 2016 | 2017 | 2018 |
| income statement | ||||
| Interest Income | CNY mil | 13.6 | ||
| Interest Cost | CNY mil | 0 | ||
| Net Interest Income | CNY mil | 13.6 | ||
| Net Fee Income | CNY mil | 1,761 | ||
| Other Income | CNY mil | 0.130 | ||
| Total Revenues | CNY mil | 1,775 | ||
| Operating Cost | CNY mil | 1,238 | ||
| Operating Profit | CNY mil | 537 | ||
| Provisions | CNY mil | 145 | ||
| Extra and Other Cost | CNY mil | -3.66 | ||
| Pre-Tax Profit | CNY mil | 396 | ||
| Tax | CNY mil | 105 | ||
| Minorities | CNY mil | 0 | ||
| Net Profit | CNY mil | 291 | ||
| growth rates | ||||
| Net Interest Income Growth | % | ... | ||
| Net Fee Income Growth | % | ... | ||
| Total Revenue Growth | % | ... | ||
| Operating Cost Growth | % | ... | ||
| Operating Profit Growth | % | ... | ||
| Pre-Tax Profit Growth | % | ... | ||
| Net Profit Growth | % | ... | ||
| market share | ||||
| Market Share in Revenues | % | 0.038 | ... |
| balance sheet | Unit | 2016 | 2017 | 2018 |
| balance sheet | ||||
| Cash | CNY mil | 1,315 | ||
| Interbank Loans | CNY mil | 0 | ||
| Customer Loans | CNY mil | 293 | ||
| Debt Securities | CNY mil | 13.3 | ||
| Fixed Assets | CNY mil | 45.4 | ||
| Total Assets | CNY mil | 2,105 | ||
| Shareholders' Equity | CNY mil | 735 | ||
| Of Which Minority Interest | CNY mil | 0 | ||
| Liabilities | CNY mil | 1,370 | ||
| Interbank Borrowing | CNY mil | 0 | ||
| Customer Deposits | CNY mil | 0 | ||
| Issued Debt Securities | CNY mil | 0 | ||
| Other Liabilities | CNY mil | 1,370 | ||
| growth rates | ||||
| Customer Loan Growth | % | ... | ||
| Total Asset Growth | % | ... | ||
| Shareholders' Equity Growth | % | ... | ||
| market share | ||||
| Market Share in Customer Loans | % | < 0.001 | ||
| Market Share in Total Assets | % | < 0.001 | ||
| Market Share in Customer Deposits | % | 0 |
| ratios | Unit | 2016 | 2017 | 2018 |
| ratios | ||||
| ROE | % | 39.6 | ||
| ROA | % | 13.8 | ||
| Costs (As % Of Assets) | % | 58.8 | ||
| Costs (As % Of Income) | % | 69.7 | ||
| Net Interest Margin | % | 0.648 | ||
| Interest Spread | % | ... | ||
| Asset Yield | % | 0.648 | ||
| Cost Of Liabilities | % | ... | ||
| Interest Income (As % Of Revenues) | % | 0.769 | ||
| Fee Income (As % Of Revenues) | % | 99.2 | ||
| Other Income (As % Of Revenues) | % | 0.007 | ||
| Equity (As % Of Assets) | % | 34.9 | ||
| Loans (As % Assets) | % | 13.9 | ||
| Cost of Provisions (As % Of Loans) | % | 49.3 |
| other data | Unit | 2016 | 2017 | 2018 |
| other data | ||||
| On-balance Sheet Loans | RMB mil | 293 |
Get all company financials in excel:
Weidai has been growing its revenues and asset by % and % a year on average in the last 3 years. Its loans and deposits have grown by % and % a year during that time and loans to deposits ratio reached at the end of 2018. The company achieved an average return on equity of % in the last three years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached in 2018, compared to % average in the last three years.
Equity represented of total assets or of loans at the end of 2018. Weidai's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2018.
Weidai stock traded at per share at the end of 2018 resulting in a market capitalization of . Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of % the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of x in 2018.