Weidai Ltd.

Delisted

CIK 1734902fmd_0S9VG4D5J2DTSH4N0DD7KD7QK0Finance, Insurance and Real Estate · Finance ServicesTemplate: Standard

Coverage: Jan 01, 2016 to Dec 31, 2021, 6 periods

Income Statement · Annual · Millions · CNY
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021
Total revenues	1,761	3,545	3,913	3,357	1,536	707
Net interest income	14	30	67	40	(0)	0
Provision for credit losses	145	484	752	(1,240)	(804)	(807)
Net interest income after provision	(131)	(454)	(685)	1,280	804	807
Research and development	56	101	139	82	27	22
Selling, general and administrative	188	591	601	420	245	165
Total operating expenses	1,238	2,476	2,519	1,910	1,141	644
Operating income	379	585	642	208	(409)	(744)
Interest expense	2	39	156	51	22	1
Other non-operating income (expense)	–	(1)	(15)	14	7	2
Income before taxes	396	668	764	368	(398)	(740)
Income tax expense	105	193	160	105	316	404
Net income from continuing operations	291	475	602	254	(713)	(1,144)
Net income	291	475	605	263	(714)	(1,144)
Net income to common shareholders	170	466	722	254	(713)	(1,141)