UTime Historical Balance Sheet

WTO Stock

0.35 0.01 2.94%

Trend analysis of UTime Limited balance sheet accounts such as Total Assets of 342.2 M, Other Current Liab of 60.9 M, Total Current Liabilities of 209.1 M or Total Stockholder Equity of 386.2 M provides information on UTime's total assets, liabilities, and equity, which is the actual value of UTime Limited to its prevalent stockholders. By breaking down trends over time using UTime balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining UTime Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether UTime Limited is a good buy for the upcoming year.

UTime Inventory

19.79 Million

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UTime Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About UTime Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of UTime Limited at a specified time, usually calculated after every quarter, six months, or one year. UTime Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UTime and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which UTime currently owns. An asset can also be divided into two categories, current and non-current.

UTime Balance Sheet Chart

At this time, UTime's Other Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Net Invested Capital is likely to grow to about 446 M, while Total Assets are likely to drop about 342.2 M.

Other Current Liab Total Current Liabilities Common Stock Shares Outstanding Total Liab

Total Current Liabilities

Total Current Liabilities is an item on UTime balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of UTime Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most accounts from UTime's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into UTime Limited current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UTime Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	47.2M	50.8M	98.2M	60.9M
Total Assets	250.6M	313.1M	649.9M	342.2M

Other Current Liab Total Assets

UTime balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		0.91	0.91	0.83	0.84	0.46	0.8	-0.77	-0.88	0.74	0.81	0.79	-0.73	0.65	0.56	-0.68	0.51	0.78	-0.83	0.85	0.88	0.89	0.85	0.87	0.83	0.87
Other Current Liab	0.91		0.9	0.78	0.8	0.3	0.66	-0.71	-0.87	0.62	0.83	0.66	-0.87	0.88	0.56	-0.76	0.44	0.76	-0.68	0.82	0.88	0.88	0.81	0.78	0.92	0.84
Total Current Liabilities	0.91	0.9		0.73	0.93	0.41	0.91	-0.81	-0.97	0.89	0.92	0.91	-0.88	0.74	0.84	-0.52	0.7	0.86	-0.85	0.77	0.88	1.0	0.78	0.96	0.97	0.83
Total Stockholder Equity	0.83	0.78	0.73		0.84	0.39	0.64	-0.73	-0.83	0.55	0.62	0.64	-0.64	0.56	0.4	-0.89	0.34	0.61	-0.71	0.99	0.95	0.7	1.0	0.7	0.65	0.98
Other Liab	0.84	0.8	0.93	0.84		0.33	0.9	-0.77	-0.98	0.88	0.8	0.9	-0.78	0.58	0.82	-0.6	0.62	0.73	-0.9	0.87	0.93	0.92	0.87	0.93	0.86	0.91
Net Tangible Assets	0.46	0.3	0.41	0.39	0.33		0.55	-0.83	-0.46	0.48	0.67	0.56	-0.49	0.34	0.35	-0.09	0.77	0.79	-0.15	0.34	0.44	0.46	0.41	0.55	0.36	0.42
Property Plant And Equipment Net	0.8	0.66	0.91	0.64	0.9	0.55		-0.83	-0.91	0.99	0.87	1.0	-0.73	0.46	0.9	-0.27	0.84	0.84	-0.85	0.66	0.77	0.93	0.68	0.99	0.82	0.74
Net Debt	-0.77	-0.71	-0.81	-0.73	-0.77	-0.83	-0.83		0.87	-0.77	-0.93	-0.84	0.85	-0.68	-0.69	0.45	-0.86	-0.96	0.54	-0.72	-0.83	-0.84	-0.77	-0.87	-0.78	-0.8
Retained Earnings	-0.88	-0.87	-0.97	-0.83	-0.98	-0.46	-0.91	0.87		-0.88	-0.91	-0.91	0.89	-0.72	-0.83	0.6	-0.71	-0.85	0.83	-0.86	-0.95	-0.97	-0.87	-0.96	-0.93	-0.92
Accounts Payable	0.74	0.62	0.89	0.55	0.88	0.48	0.99	-0.77	-0.88		0.84	0.99	-0.7	0.42	0.94	-0.18	0.84	0.79	-0.85	0.58	0.7	0.91	0.6	0.97	0.8	0.67
Cash	0.81	0.83	0.92	0.62	0.8	0.67	0.87	-0.93	-0.91	0.84		0.88	-0.94	0.8	0.81	-0.39	0.87	0.98	-0.61	0.65	0.8	0.95	0.68	0.93	0.93	0.74
Non Current Assets Total	0.79	0.66	0.91	0.64	0.9	0.56	1.0	-0.84	-0.91	0.99	0.88		-0.74	0.47	0.9	-0.27	0.85	0.84	-0.84	0.66	0.77	0.93	0.68	0.99	0.82	0.74
Other Assets	-0.73	-0.87	-0.88	-0.64	-0.78	-0.49	-0.73	0.85	0.89	-0.7	-0.94	-0.74		-0.93	-0.76	0.52	-0.74	-0.9	0.52	-0.68	-0.83	-0.9	-0.7	-0.82	-0.96	-0.75
Long Term Debt	0.65	0.88	0.74	0.56	0.58	0.34	0.46	-0.68	-0.72	0.42	0.8	0.47	-0.93		0.5	-0.62	0.48	0.76	-0.31	0.6	0.73	0.73	0.61	0.6	0.86	0.65
Net Receivables	0.56	0.56	0.84	0.4	0.82	0.35	0.9	-0.69	-0.83	0.94	0.81	0.9	-0.76	0.5		-0.08	0.85	0.74	-0.7	0.45	0.62	0.87	0.47	0.89	0.83	0.55
Common Stock Shares Outstanding	-0.68	-0.76	-0.52	-0.89	-0.6	-0.09	-0.27	0.45	0.6	-0.18	-0.39	-0.27	0.52	-0.62	-0.08		0.03	-0.35	0.47	-0.89	-0.81	-0.47	-0.87	-0.38	-0.52	-0.84
Non Current Liabilities Total	0.51	0.44	0.7	0.34	0.62	0.77	0.84	-0.86	-0.71	0.84	0.87	0.85	-0.74	0.48	0.85	0.03		0.89	-0.44	0.34	0.53	0.76	0.4	0.82	0.69	0.47
Capital Lease Obligations	0.78	0.76	0.86	0.61	0.73	0.79	0.84	-0.96	-0.85	0.79	0.98	0.84	-0.9	0.76	0.74	-0.35	0.89		-0.53	0.61	0.77	0.89	0.66	0.89	0.86	0.71
Inventory	-0.83	-0.68	-0.85	-0.71	-0.9	-0.15	-0.85	0.54	0.83	-0.85	-0.61	-0.84	0.52	-0.31	-0.7	0.47	-0.44	-0.53		-0.75	-0.76	-0.82	-0.73	-0.85	-0.71	-0.77
Other Current Assets	0.85	0.82	0.77	0.99	0.87	0.34	0.66	-0.72	-0.86	0.58	0.65	0.66	-0.68	0.6	0.45	-0.89	0.34	0.61	-0.75		0.97	0.74	1.0	0.72	0.71	0.99
Other Stockholder Equity	0.88	0.88	0.88	0.95	0.93	0.44	0.77	-0.83	-0.95	0.7	0.8	0.77	-0.83	0.73	0.62	-0.81	0.53	0.77	-0.76	0.97		0.86	0.98	0.84	0.84	0.99
Total Liab	0.89	0.88	1.0	0.7	0.92	0.46	0.93	-0.84	-0.97	0.91	0.95	0.93	-0.9	0.73	0.87	-0.47	0.76	0.89	-0.82	0.74	0.86		0.76	0.98	0.97	0.81
Net Invested Capital	0.85	0.81	0.78	1.0	0.87	0.41	0.68	-0.77	-0.87	0.6	0.68	0.68	-0.7	0.61	0.47	-0.87	0.4	0.66	-0.73	1.0	0.98	0.76		0.75	0.71	0.99
Property Plant And Equipment Gross	0.87	0.78	0.96	0.7	0.93	0.55	0.99	-0.87	-0.96	0.97	0.93	0.99	-0.82	0.6	0.89	-0.38	0.82	0.89	-0.85	0.72	0.84	0.98	0.75		0.89	0.8
Short Long Term Debt	0.83	0.92	0.97	0.65	0.86	0.36	0.82	-0.78	-0.93	0.8	0.93	0.82	-0.96	0.86	0.83	-0.52	0.69	0.86	-0.71	0.71	0.84	0.97	0.71	0.89		0.77
Total Current Assets	0.87	0.84	0.83	0.98	0.91	0.42	0.74	-0.8	-0.92	0.67	0.74	0.74	-0.75	0.65	0.55	-0.84	0.47	0.71	-0.77	0.99	0.99	0.81	0.99	0.8	0.77

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UTime Account Relationship Matchups

Pair Trading with UTime

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if UTime position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in UTime will appreciate offsetting losses from the drop in the long position's value.

Moving against UTime Stock

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0.37	DOGZ	Dogness International Downward Rally	Pair Corr

The ability to find closely correlated positions to UTime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UTime when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back UTime - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling UTime Limited to buy it.

The correlation of UTime is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as UTime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UTime Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for UTime can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether UTime Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UTime's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Utime Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Utime Limited Stock:

How To Invest In UTime

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Is UTime Stock a good investment?

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What is UTime's Net Worth?

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Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of UTime. If investors know UTime will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about UTime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(7.01)

Revenue Per Share

260.043

Quarterly Revenue Growth

0.263

Return On Assets

(0.04)

Return On Equity

(0.17)

The market value of UTime Limited is measured differently than its book value, which is the value of UTime that is recorded on the company's balance sheet. Investors also form their own opinion of UTime's value that differs from its market value or its book value, called intrinsic value, which is UTime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because UTime's market value can be influenced by many factors that don't directly affect UTime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between UTime's value and its price as these two are different measures arrived at by different means. Investors typically determine if UTime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UTime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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UTime Historical Balance Sheet

UTime Inventory

19.79 Million

About UTime Balance Sheet Analysis

UTime Balance Sheet Chart

Total Current Liabilities

Common Stock Shares Outstanding

Total Liab

UTime balance sheet Correlations

UTime Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with UTime

Moving against UTime Stock

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 1.0	Other Current Assets
Other Current Assets	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Property Plant And Equipment Net

Retained Earnings	- 0.98	Other Liab
Total Liab	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Total Current Liabilities
Short Long Term Debt	- 0.96	Other Assets
Property Plant And Equipment Gross	- 0.96	Retained Earnings
Capital Lease Obligations	- 0.96	Net Debt