Latest Ratios: P/E Ratio -44.5x · EV/EBITDA N/A · ROE -13.6%. (2020–2023 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Market Cap | $14M | — | — | — | — |
| Enterprise Value | $16M | — | — | — | — |
| P/E Ratio → | -44.51 | — | — | — | — |
| P/S Ratio | 2.13 | — | — | — | — |
| P/B Ratio | 6.20 | — | — | — | — |
| P/FCF | — | — | — | — | — |
| P/OCF | 1779.41 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — |
| EV / FCF | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Gross Margin | 14.0% | 14.0% | 5.3% | 6.8% | 13.5% |
| Operating Margin | -16.2% | -16.2% | -12.5% | -5.6% | -73.9% |
| Net Profit Margin | -8.8% | -8.8% | -11.4% | -5.1% | -73.4% |
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| ROE | -13.6% | -13.6% | -51.5% | -38.6% | — |
| ROA | -9.0% | -9.0% | -39.7% | -26.6% | -141.0% |
| ROIC | -14.5% | -14.5% | -39.0% | -34.7% | — |
| ROCE | -24.0% | -24.0% | -56.2% | -42.5% | — |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Debt / Equity | 0.45 | 0.45 | 0.32 | 0.01 | — |
| Debt / EBITDA | — | — | — | — | — |
| Net Debt / Equity | — | 0.35 | 0.26 | -0.07 | — |
| Net Debt / EBITDA | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — |
| Interest Coverage | -6.58 | -6.58 | -24.39 | -27.93 | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Current Ratio | 0.75 | 0.75 | 0.74 | 1.17 | 0.55 |
| Quick Ratio | 0.75 | 0.75 | 0.74 | 1.17 | 0.55 |
| Cash Ratio | 0.19 | 0.19 | 0.16 | 0.40 | 0.10 |
| Asset Turnover | — | 1.02 | 3.43 | 2.96 | 1.92 |
| Inventory Turnover | — | — | — | — | — |
| Days Sales Outstanding | — | 8.98 | 1.10 | 8.61 | 107.06 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — |
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — |
| FCF Yield | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — |
| Shares Outstanding | — | $39M | $39M | $39M | $39M |
Liquidity and going-concern risk
Based on reported figures, WETO trades at a price-to-sales ratio of 2.81, a multiple that appears disconnected from the company's 70.19% year-over-year revenue decline and persistent inability to generate positive earnings, suggesting the market may be mispricing the firm as a growth-stage technology entity.
The negative P/E of -58.66 underscores the absence of a viable earnings floor, making traditional valuation metrics largely irrelevant for assessing the company's current worth. Investors should monitor whether the current valuation is supported by speculative interest or if it reflects a fundamental misunderstanding of the firm's transition from a high-volume broker to a potentially smaller, niche service provider.
As reported in financial statements, WETO's gross margin of approximately 14% highlights the inherent limitations of its asset-light brokerage model, where the company lacks the scale to command pricing power against third-party fleet operators in the highly competitive Zhejiang regional transportation market.
The negative operating margin of -16.24% indicates that the company's administrative and customer acquisition costs are currently unsustainable relative to its top-line performance. Without a significant shift toward higher-margin software licensing or a drastic reduction in overhead, the firm appears unlikely to achieve operational self-sufficiency in the near term.
According to recent SEC filings, WETO's cash and equivalents of $2.78 million represent a precarious liquidity position, which, when measured against ongoing operating losses, suggests the company may face a severe funding gap that could necessitate dilutive capital raises or threaten its ability to operate.
The company's reliance on institutional contracts, which may require restricted cash as performance bonds, implies that the actual available liquidity could be even lower than the headline balance suggests. This vulnerability warrants close investigation, as the firm lacks the balance sheet buffer typically required to navigate periods of extreme revenue volatility.
As noted in regulatory disclosures, the most commonly misapplied metric for WETO is the headline revenue figure, which fails to distinguish between gross fare collection and net commission income, potentially masking the true scale of the business following its recent 70.19% year-over-year revenue contraction.
Analysts should prioritize net revenue or commission-based metrics to better understand the company's actual economic footprint, as gross revenue reporting can lead to an overestimation of market share. Relying on standard revenue growth for this business model obscures the underlying shift in contract quality and the potential transition toward a more sustainable, albeit smaller, operational core.
Includes 30+ ratios · 4 years · Updated daily
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Quick answers to the most common questions about buying WETO stock.
Webus International Limited Ordinary Shares's current P/E ratio is -44.5x. This places it at the 50th percentile of its historical range.
Webus International Limited Ordinary Shares's return on equity (ROE) is -13.6%. The historical average is -34.6%.
Based on historical data, Webus International Limited Ordinary Shares is trading at a P/E of -44.5x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Webus International Limited Ordinary Shares has 14.0% gross margin and -16.2% operating margin.