Financial Snapshot

Revenue
$584.4M
TTM
Gross Margin
8.68%
TTM
Net Earnings
-$173.3M
TTM
Current Assets
Q1 2024
Current Liabilities
Q1 2024
Current Ratio
211.89%
Q1 2024
Total Assets
Q1 2024
Total Liabilities
Q1 2024
Book Value
$51.11M
Q1 2024
Cash
Q1 2024
P/E
-0.04953
Nov 29, 2024 EST
Free Cash Flow
-$395.2M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 172.2M cnies $29.18M $43.40M $246.9M $193.1M $238.1M $376.9M $737.9M
YoY Change 489.9% -32.75% -82.42% 27.87% -18.9% -36.83% -48.92%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 172.2M cnies $29.18M $43.40M $246.9M $193.1M $238.1M $376.9M $737.9M
Cost Of Revenue $23.01M $24.81M $41.23M $228.7M $173.7M $213.1M $347.9M $683.0M
Gross Profit $1.250M $4.375M $2.171M $18.17M $19.35M $25.00M $29.00M $54.90M
Gross Profit Margin 0.73% 14.99% 5.0% 7.36% 10.02% 10.5% 7.69% 7.44%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $6.634M $17.14M $7.082M $28.99M $40.24M $42.00M $54.50M $49.20M
YoY Change -61.3% 142.08% -75.57% -27.97% -4.19% -22.94% 10.77%
% of Gross Profit 530.72% 391.86% 326.21% 159.55% 207.93% 168.0% 187.93% 89.62%
Research & Development 16.60M cnies 16.00M cnies 14.10M cnies 7.200M cnies 10.70M cnies
YoY Change 3.75% 13.48% 95.83% -32.71%
% of Gross Profit 1328.0% 365.71% 649.47% 39.63% 55.29%
Depreciation & Amortization 5.700M cnies 4.600M cnies 3.300M cnies $3.954M $4.028M $3.190M $1.580M $1.590M
YoY Change 23.91% 39.39% -16.54% -1.84% 26.27% 101.9% -0.63%
% of Gross Profit 456.0% 105.14% 152.0% 21.76% 20.81% 12.76% 5.45% 2.9%
Operating Expenses $5.498M $16.61M $7.606M $28.16M $38.74M $39.50M $51.60M $48.00M
YoY Change -66.89% 118.33% -72.99% -27.31% -1.93% -23.45% 7.5%
Operating Profit -$4.248M -$12.23M -$5.435M -$9.994M -$19.39M -$14.50M -$22.60M $6.900M
YoY Change -65.27% 125.04% -45.62% -48.45% 33.7% -35.84% -427.54%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Interest Expense $510.0K $895.0K $768.0K -$6.997M -$2.068M $3.000M -$8.700M $1.700M
YoY Change -43.02% 16.54% -110.98% 238.35% -168.93% -134.48% -611.76%
% of Operating Profit 24.64%
Other Income/Expense, Net 8.057M cnies 4.533M cnies
YoY Change 77.74%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$4.758M -$13.13M -$6.203M -$16.99M -$21.45M -$11.50M -$31.30M $8.500M
YoY Change -63.75% 111.61% -63.49% -20.8% 86.56% -63.26% -468.24%
Income Tax -171.0K cnies -$25.00K -$7.000K -$364.0K $247.0K $500.0K $100.0K $1.900M
% Of Pretax Income 22.35%
Net Earnings -$8.581M -$12.75M -$6.118M -$16.63M -$21.70M -$10.90M -$18.10M $3.300M
YoY Change -32.7% 108.42% -63.2% -23.38% 99.09% -39.78% -648.48%
Net Earnings / Revenue -4.98% -43.69% -14.1% -6.73% -11.24% -4.58% -4.8% 0.45%
Basic Earnings Per Share -$7.80 -$4.76 -$3.68 -$4.81
Diluted Earnings Per Share -$3.67 -$7.80 -$4.76 -$2.011M -$2.625M -$1.313M -$2.181M $397.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $76.68M $71.93M $66.69M $8.977M $554.0K $7.400M $7.200M
YoY Change 6.59% 7.86% 642.92% 1520.4% -92.51% 2.78%
Cash & Equivalents $76.68M $71.93M $66.69M $8.977M $554.0K $7.400M $7.200M
Short-Term Investments
Other Short-Term Assets $435.3M $65.33M $41.12M $48.53M $22.63M $30.80M $24.70M
YoY Change 566.33% 58.87% -15.26% 114.48% -26.54% 24.7%
Inventory $11.03M $16.17M $36.07M $31.73M $28.68M $29.50M $42.00M
Prepaid Expenses
Receivables $30.24M $52.31M $22.42M $17.52M $41.42M $54.90M $59.40M
Other Receivables $24.84M $31.26M $26.62M $24.08M $23.54M $14.50M $43.10M
Total Short-Term Assets $578.1M $237.0M $192.9M $130.8M $116.8M $137.1M $176.3M
YoY Change 143.92% 22.85% 47.46% 12.01% -14.8% -22.23%
Property, Plant & Equipment $70.43M $74.46M $54.59M $37.11M $41.24M $42.20M $45.30M
YoY Change -5.41% 36.4% 47.09% -10.0% -2.29% -6.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00 $0.00 $833.0K $900.0K $1.000M
YoY Change -100.0% -7.44% -10.0%
Other Assets $770.0K $0.00 $541.0K $3.333M $8.000M $8.000M $8.000M
YoY Change -100.0% -83.77% -58.34% 0.0% 0.0%
Total Long-Term Assets $71.86M $76.14M $57.72M $42.75M $51.31M $51.10M $54.30M
YoY Change -5.61% 31.9% 35.02% -16.68% 0.41% -5.89%
Total Assets $649.9M $313.1M $250.6M $173.6M $168.1M $188.2M $230.6M
YoY Change
Accounts Payable $106.1M $126.7M $74.53M $49.12M $65.81M $78.00M $76.00M
YoY Change -16.26% 69.98% 51.73% -25.36% -15.63% 2.63%
Accrued Expenses $19.53M $22.88M $15.06M $13.38M $15.89M $14.80M $16.30M
YoY Change -14.64% 51.85% 12.59% -15.78% 7.34% -9.2%
Deferred Revenue
YoY Change
Short-Term Debt $56.95M $53.94M $35.78M $30.80M $15.00M $16.00M $16.00M
YoY Change 5.59% 50.74% 16.17% 105.33% -6.25% 0.0%
Long-Term Debt Due $2.886M $1.080M $800.0K $5.580M $1.200M $900.0K $0.00
YoY Change 167.22% 35.0% -85.66% 365.0% 33.33%
Total Short-Term Liabilities $272.8M $245.7M $163.1M $148.1M $120.8M $163.1M $198.3M
YoY Change 11.05% 50.59% 10.14% 22.58% -25.91% -17.75%
Long-Term Debt $3.117M $6.870M $8.020M $0.00 $5.580M $6.800M $0.00
YoY Change -54.63% -14.34% -100.0% -17.94%
Other Long-Term Liabilities $11.28M $19.57M $14.55M $285.0K $1.765M $1.000M $1.600M
YoY Change -42.37% 34.53% 5004.91% -83.85% 76.5% -37.5%
Total Long-Term Liabilities $14.40M $26.44M $22.57M $285.0K $7.345M $7.800M $1.600M
YoY Change -45.56% 17.17% 7818.95% -96.12% -5.83% 387.5%
Total Liabilities $282.1M $269.1M $185.7M $148.4M $128.2M $169.5M $199.6M
YoY Change 4.87% 44.92% 25.1% 15.78% -24.38% -15.08%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 16.55M shares 11.23M shares 8.165M shares 4.518M shares 4.507M shares
Diluted Shares Outstanding 16.55M shares 11.23M shares 8.165M shares 4.518M shares 4.507M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $8.5808 Million

About UTime Ltd

Utime Ltd is a CN-based company operating in Electronic Equipment, Instruments & Components industry. The company is headquartered in Shenzhen, Guangdong and currently employs 172 full-time employees. The company went IPO on 2021-04-06. UTime Ltd is a company mainly engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics. The firm also provide electronics manufacturing services (EMS), including original equipment manufacturer (OEM) and original design manufacturer (ODM) services, for well-known brands. The Company’s products include feature phone, smartphone and mobile phone accessories. The firm sell its products in South America, South Asia, Southeast Asia and Africa.

Industry: Electronic & Other Electrical Equipment (No Computer Equip) Peers: