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WETG

WeTrade GroupOTCPK:WETG Stock Report

Market Cap

US$1.2b

7D

-0.3%

1Y

-43.0%

Updated

23 Sep, 2021

Data

Company Financials
WETG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

WETG Overview

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

China Youzan

SEHK:8083

HK$16.6b

Price History & Performance

Summary of all time highs, changes and price drops for WeTrade Group
Historical stock prices
Current Share PriceUS$3.99
52 Week HighUS$1.00
52 Week LowUS$8.60
Beta0
1 Month Change5.00%
3 Month Change-27.46%
1 Year Change-43.00%
3 Year Changen/a
5 Year Changen/a
Change since IPO241.03%

Recent News & Updates

Shareholder Returns

WETGUS SoftwareUS Market
7D-0.3%-0.7%-0.5%
1Y-43.0%42.4%37.5%

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.

Price Volatility

Is WETG's price volatile compared to industry and market?
WETG volatility
WETG Beta0
Industry Beta0.95
Market Beta1

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

FoundedEmployeesCEOWebsite
201989Pijun Liuhttps://ir.wetg.group

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

How do WeTrade Group's earnings and revenue compare to its market cap?
WETG fundamental statistics
Market CapUS$1.22b
Earnings (TTM)US$4.60m
Revenue (TTM)US$12.06m

264.9x

P/E Ratio

101.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WETG income statement (TTM)
RevenueUS$12.06m
Cost of RevenueUS$952.36k
Gross ProfitUS$11.11m
ExpensesUS$6.50m
EarningsUS$4.60m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.015
Gross Margin92.10%
Net Profit Margin38.17%
Debt/Equity Ratio1.2%

How did WETG perform over the long term?

See historical performance and comparison

Valuation

Is WeTrade Group undervalued compared to its fair value and its price relative to the market?

264.94x

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).


Future Growth

How is WeTrade Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.0%

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.


Past Performance

How has WeTrade Group performed over the past 5 years?

856.8%

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.


Financial Health

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.


Balance Sheet


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Pijun Liu (39 yo)

1

Tenure

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....


Leadership Team

Experienced Management: WETG's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: WETG's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

WeTrade Group Inc.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • WeTrade Group Inc.
  • No 1 Gaobei South Coast
  • Yi An Men 111 Block 37
  • Beijing
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 23:09
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.