Sign in

Private company

Weidai Ltd.

Weidai Ltd. is a finance services company.1 It is headquartered in Zhejiang Province, China.1

Last updated Oct 21, 2026.

Overview

$111.0MRevenue, fiscal 20212
-$179.5MNet income, fiscal 20212
  • IndustryFinance Services1
  • HeadquartersZhejiang Province, China1
  • Business addressHongxin Science And Technology Park,, No.668, Jianshe 3Rd Rd Xiaoshan District, Hangzhou, Zhejiang Province, F4 3100003
  • Filer categoryNon-accelerated filer, Emerging growth company3

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

-105.2%Operating margin2
-161.7%Net margin2
-52.8%Revenue growth, 20212
-263.2%Return on equity2

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Research and development3¢$3.5M
  • Other costs40¢$44.0M
  • Interest0¢$142.0K
  • Income tax57¢$63.4M

Out of $111.0M in revenue.2 The company lost money this year.

Financial statements

Revenue4562$111.0M in 2021−80% since 2018
0$200.0M$400.0M$600.0M2018: $569.2M$569.2M20182019: $482.3M$482.3M2019−15%2020: $235.4M$235.4M2020−51%2021: $111.0M$111.0M2021−53%
Operating income4562-$116.8M in 2021
-$200.0M-$100.0M0$100.0M2018: $93.4M$93.4M20182019: $29.9M$29.9M2019−68%2020: -$62.6M-$62.6M20202021: -$116.8M-$116.8M2021+86%
Net income4562-$179.5M in 2021
-$200.0M0$200.0M$400.0M2016: $291.0M$291.0M20162018: $87.9M$87.9M2018−70%2019: $37.8M$37.8M2019−57%2020: -$109.5M-$109.5M20202021: -$179.5M-$179.5M2021+64%
Fiscal year201620172018201920202021
Revenue$569.2M4$482.3M5$235.4M6$111.0M2
Research and development$20.3M4$11.7M5$4.2M6$3.5M2
Operating expenses$101.1M2
Operating income$93.4M4$29.9M5-$62.6M6-$116.8M2
Interest$22.7M4$7.3M5$3.4M6$142.0K2
Income before tax-$116.2M2
Income tax$23.2M4$15.1M5$48.5M6$63.4M2
Net income$291.0M4$87.9M4$37.8M5-$109.5M6-$179.5M2
Earnings per share$1.594$0.525-$1.556-$2.542
Earnings per share (diluted)$1.594$0.525-$1.556-$2.542
Shares (weighted, basic)70.5M shares2
Shares (weighted, diluted)70.5M shares2

Compare Weidai Ltd. with another company

Corporate structure

Weidai Ltd. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Weidai Ltd.

  • Hakim Unique Technology Ltd Filed SC 13G/A on Weidai Ltd., latest Feb 9, 2023
  • Yichun Hua Filed SC 13G on Weidai Ltd., latest May 18, 2022
  • Weidai Ltd. Zhejiang Province, China

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Weidai Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$22.0M2 Dec 31, 2021$22.9M6 Dec 31, 2020−3.8%
Accumulated depreciation$17.5M2 Dec 31, 2021$17.1M6 Dec 31, 2020+2.2%
Property and equipment, net$4.5M2 Dec 31, 2021$5.8M6 Dec 31, 2020−21.5%
Operating-lease assets (leased space)$3.4M2 Dec 31, 2021

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$36.8M2 Dec 31, 2021$62.8M6 Dec 31, 2020−41.3%
Marketable securities, current$24.9M2 Dec 31, 2021$596.0K4 Dec 31, 2018+4074.8%
Long-term investments$2.1M2 Dec 31, 2021$2.1M6 Dec 31, 2020+0.6%
Deposits held (banks)$6.0M2 Dec 31, 2021$8.4M6 Dec 31, 2020−28.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$06 Dec 31, 2020$835.0K5 Dec 31, 2019−100.0%

Filings

14 filings to the SEC since October 2021: 1 annual reports, 2 large holders, 11 other. The latest 14:

  1. Feb 5, 20256-K EDGAR
  2. Oct 25, 20246-K EDGAR
  3. May 2, 2023NT 20-F EDGAR
  4. Feb 9, 2023SC 13G/A EDGAR
  5. Dec 6, 20226-K EDGAR
  6. May 18, 2022SC 13G EDGAR
  7. Apr 22, 202220-F EDGAR
  8. Apr 11, 20226-K EDGAR
  9. Mar 28, 20226-K EDGAR
  10. Mar 1, 20226-K EDGAR
  11. Jan 26, 2022424B3 EDGAR
  12. Jan 25, 20226-K EDGAR
  13. Jan 13, 20226-K EDGAR
  14. Nov 18, 20216-K EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Weidai Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARWeidai Ltd.1
  • CIK0001734902
  • Filer statusNon-accelerated filer<br>emerging growth company1
  • Industry code (SIC)6199 Finance Services1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business addressHongxin Science And Technology Park,, No.668, Jianshe 3Rd Rd Xiaoshan District, Hangzhou, Zhejiang Province, F4 3100001
  • Phone86 185-0164-16661
  • On EDGAR sinceMay 25, 20181
  • Filings72 in all: 6-K (27), CORRESP (7), UPLOAD (6), F-1/A (5), 20-F (4), DRSLTR (3), SC 13G (3), DRS/A (2)1
    All 21 form types

    EFFECT (2), F-6 POS (2), 25-NSE (1), 424B3 (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), F-1 (1), F-6 (1), NT 20-F (1), S-8 (1), SC 13G/A (1)

  • Latest filingsAnnual report (20-F) Apr 22, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8