WeTrade Group Inc. provides technical services and solutions through its membership-based social e-commerce platform in the People’s Republic of China.
WeTrade Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.99|
|52 Week High||US$1.00|
|52 Week Low||US$8.60|
|1 Month Change||5.00%|
|3 Month Change||-27.46%|
|1 Year Change||-43.00%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||241.03%|
Recent News & Updates
|WETG||US Software||US Market|
Return vs Industry: WETG underperformed the US Software industry which returned 40.9% over the past year.
Return vs Market: WETG underperformed the US Market which returned 36.2% over the past year.
Stable Share Price: Insufficient data to determine WETG's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine WETG's volatility change over the past year.
About the Company
WeTrade Group Inc. provides technical services and solutions through its membership-based social e-commerce platform in the People’s Republic of China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems. The company’s YCloud system also provides micro-business owners with multiple payment methods, such as Alipay, WeChat, and UnionPay.
WeTrade Group Fundamentals Summary
|WETG fundamental statistics|
Is WETG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WETG income statement (TTM)|
|Cost of Revenue||US$952.36k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.015|
|Net Profit Margin||38.17%|
How did WETG perform over the long term?See historical performance and comparison
Is WeTrade Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WETG ($3.99) is trading above our estimate of fair value ($0.12)
Significantly Below Fair Value: WETG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WETG is poor value based on its PE Ratio (264.9x) compared to the US Software industry average (57.2x).
PE vs Market: WETG is poor value based on its PE Ratio (264.9x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WETG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WETG is overvalued based on its PB Ratio (105.9x) compared to the US Software industry average (7.7x).
How is WeTrade Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as WeTrade Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has WeTrade Group performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: WETG has a high level of non-cash earnings.
Growing Profit Margin: WETG's current net profit margins (38.2%) are higher than last year (25.1%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if WETG's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare WETG's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: WETG earnings growth over the past year (856.8%) exceeded the Software industry 22.1%.
Return on Equity
High ROE: WETG's Return on Equity (40%) is considered high.
How is WeTrade Group's financial position?
Financial Position Analysis
Short Term Liabilities: WETG's short term assets ($12.9M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: WETG's short term assets ($12.9M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: WETG's debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WETG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WETG's debt is well covered by operating cash flow (999.7%).
Interest Coverage: WETG earns more interest than it pays, so coverage of interest payments is not a concern.
What is WeTrade Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WETG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WETG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WETG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WETG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WETG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pijun Liu (39 yo)
Mr. Pijun Liu serves as Chief Executive Officer and Director at WeTrade Group Inc. since September 01, 2020. He is Founder of WeTrade Group Inc. He has experience in tourism operations and team management....
Experienced Management: WETG's management team is considered experienced (2.5 years average tenure).
Experienced Board: WETG's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
WeTrade Group Inc.'s employee growth, exchange listings and data sources
- Name: WeTrade Group Inc.
- Ticker: WETG
- Exchange: OTCPK
- Founded: 2019
- Industry: Application Software
- Sector: Software
- Market Cap: US$1.219b
- Shares outstanding: 305.45m
- Website: https://ir.wetg.group
Number of Employees
- WeTrade Group Inc.
- No 1 Gaobei South Coast
- Yi An Men 111 Block 37
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 23:09|
|End of Day Share Price||2021/09/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.