Utime Ltd

Company Profile

Utime Ltd had its IPO on 2021-04-06 under the ticker symbol UTME.

The company operates in the Technology sector and Consumer Electronics industry. Utime Ltd has a staff strength of 262 employees.

Stock update

Shares of Utime Ltd opened at $0.38 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.36 - $0.39, and closed at $0.37.

This is a +3.9% increase from the previous day's closing price.

A total volume of 55,256 shares were traded at the close of the day’s session.

In the last one week, shares of Utime Ltd have slipped by -23.71%.

Utime Ltd's Key Ratios

Utime Ltd has a market cap of $6.28 million, indicating a price to book ratio of 1.438 and a price to sales ratio of 0.0411.

In the last 12-months Utime Ltd’s revenue was $200.55 million with a gross profit of $30.07 million and an EBITDA of $-84329000. The EBITDA ratio measures Utime Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Utime Ltd’s operating margin was -43.49% while its return on assets stood at -19.34% with a return of equity of -171.14%.

In Q1, Utime Ltd’s quarterly earnings growth was a positive 0% while revenue growth was a negative 58.3%.

Utime Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.09 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Utime Ltd’s profitability.

Utime Ltd stock is trading at a EV to sales ratio of 0.0464 and a EV to EBITDA ratio of -0.4241. Its price to sales ratio in the trailing 12-months stood at 0.0411.

Utime Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$313.14 million

Total Liabilities

$245.67 million

Operating Cash Flow

$401500.00

Capital Expenditure

$1000

Dividend Payout Ratio

0%

Utime Ltd ended 2023 with $313.14 million in total assets and $0 in total liabilities. Its intangible assets were valued at $313.14 million while shareholder equity stood at $44.09 million.

Utime Ltd ended 2023 with $0 in deferred long-term liabilities, $245.67 million in other current liabilities, 9000.00 in common stock, $-175893000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $71.93 million and cash and short-term investments were $71.93 million. The company’s total short-term debt was $58,688,000 while long-term debt stood at $6.87 million.

Utime Ltd’s total current assets stands at $237.00 million while long-term investments were $0.00 and short-term investments were $0. Its net receivables were $85.23 million compared to accounts payable of $126.69 million and inventory worth $16.17 million.

In 2023, Utime Ltd's operating cash flow was $401500.00 while its capital expenditure stood at $1000.

Comparatively, Utime Ltd paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$0.37

52-Week High

$3.4

52-Week Low

$0.35

Analyst Target Price

$

Utime Ltd stock is currently trading at $0.37 per share. It touched a 52-week high of $3.4 and a 52-week low of $3.4. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.86 and 200-day moving average was $1.13 The short ratio stood at 0.02 indicating a short percent outstanding of 0%.

Around 5464.3% of the company’s stock are held by insiders while 105% are held by institutions.