UTime (FXHO) Financials
Ticker history: WTO became FXHO (UTime Limited) on . Earlier news and filings retain their original names and dates. View WTO history.
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Amounts are shown in US dollars, translated from CNY at the rate recorded for each period. Growth rates marked (CNY) are measured in CNY, the currency the company reports in, so a move in the exchange rate does not count as growth.
Newest figures come from the 20-F for FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FXHO SEC filings page.
UTime Limited (FXHO) reported $28.5M in revenue for fiscal year 2026, down 21.8% in CNY terms from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (20-F and 6-K reports).
UTime’s FY2026 losses narrowed mainly through expense cuts, while razor-thin gross margins and financing-dependent cash generation remain central.
The operating turnaround sits below gross profit: revenue fell17.7% while gross profit fell70.8% . Operating margin improved by 253.7 percentage points as SG&A was cut, even as gross margin slipped 1.8 percentage points.
The FY2026 net loss was
Financing supplied
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of UTime Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
UTime Limited held $38.0M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations used $21.2M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and UTime Limited scores 50/100 among other emerging companies.
UTime Limited had 2M shares outstanding at the end of fiscal year 2026. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and UTime Limited scores 100/100 among other emerging companies.
UTime Limited spent $783K on research and development in fiscal year 2026, which was 2.5% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and UTime Limited scores 16/100 among other emerging companies.
UTime Limited reported revenue of $28.5M in fiscal year 2026, against $34.6M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and UTime Limited scores 52/100 among other emerging companies.
UTime Limited's operations used $21.2M of cash in fiscal year 2026, against $5.4M used in fiscal year 2025. Burn Trend ranks emerging companies on which way that figure has moved over three years, and UTime Limited scores 78/100 among other emerging companies.
UTime Limited's cash, cash equivalents and investments came to $38.0M at the end of fiscal year 2026, against $44.8M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and UTime Limited scores 57/100 among other emerging companies.
UTime Limited scores -0.34, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $131.4M against total assets of $64.8M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
UTime Limited passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
UTime Limited reported a net loss of $4.0M while operations used $21.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
UTime Limited reported an operating loss of $3.2M against $867K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
UTime Limited generated $28.5M in revenue in fiscal year 2026. This represents a decrease of 21.8% in CNY terms from the prior year.
UTime Limited's EBITDA was -$2.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
UTime Limited reported a net loss of $4.0M in fiscal year 2026. The change from the prior year is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
UTime Limited recorded an outflow of $21.2M in free cash flow in fiscal year 2026, representing a cash shortfall after capex.
UTime Limited held $38.0M in cash against $722K in long-term debt as of fiscal year 2026, with $42.0M of liabilities due within a year.
Not reported for fiscal year 2026.
Margins & Returns
UTime Limited's gross margin was 1.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 1.8 percentage points from the prior year.
UTime Limited's operating margin was -11.1% in fiscal year 2026, reflecting core business profitability. No change is given against fiscal year 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
UTime Limited's net profit margin was -14.2% in fiscal year 2026, showing the share of revenue converted to profit. No change is given against fiscal year 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
UTime Limited's ROE was -19.5% in fiscal year 2026, measuring profit generated per dollar of shareholder equity.
Capital Allocation
UTime Limited invested $783K in research and development in fiscal year 2026. This represents a decrease of 43.2% in CNY terms from the prior year.
UTime Limited invested $6K in capex in fiscal year 2026, funding long-term assets and infrastructure.
Not reported for fiscal year 2026.
FXHO Income Statement
Figures in USD, translated from CNY at the rate recorded for each period, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.5M-21.8% | $34.6M+45.8% | $24.3M-12.9% | $28.8M-28.3% | $43.4M+11.6% | $37.6M+27.9% | $27.3M-18.9% | $35.5M |
| Cost of Revenue | $28.2M-20.3% | $33.6M+49.4% | $23.0M-2.3% | $24.3M-36.1% | $41.2M+14.4% | $34.8M+31.7% | $24.5M-18.5% | $31.8M |
| Gross Profit | $285K-72.2% | $976K-20.1% | $1.3M-70.8% | $4.4M+120.7% | $2.2M-24.1% | $2.8M-6.1% | $2.7M-22.6% | $3.7M |
| R&D Expenses | $783K-43.2% | $1.3M-42.8% | $2.3M+3.7% | $2.3M+13.5% | $2.2M+95.8% | $1.1M-32.7% | $1.5M+1.8% | $1.6M |
| SG&A Expenses | $3.9M-81.4% | $19.9M+207.3% | $6.6M-58.2% | $16.4M+150.4% | $7.1M+50.8% | $4.5M-23.6% | $5.5M-6.7% | $6.2M |
| Operating Income | -$3.2Mn/m | -$91.6Mn/m | -$4.2Mn/m | -$11.3Mn/m | -$5.4Mn/m | -$2.2Mn/m | -$2.8Mn/m | -$1.5M |
| EBITDA | -$2.4Mn/m | -$90.8Mn/m | -$3.3Mn/m | -$10.5Mn/m | -$4.8Mn/m | -$1.6Mn/m | -$2.2Mn/m | -$1.0M |
| Interest Expense | $867K+52.3% | $541K+8.6% | $510K-41.2% | $895K+26.1% | $768K+98.1% | $375K+41.0% | $246K+18.0% | $220K |
| Income Tax | N/A | -$8Kn/m | -$24Kn/m | -$25Kn/m | -$7Kn/m | -$55K-247.4% | $35K-50.4% | $74K |
| Net Income | -$4.0Mn/m | -$92.3Mn/m | -$8.6Mn/m | -$12.8Mn/m | -$6.1Mn/m | -$2.5Mn/m | -$3.1Mn/m | -$1.8M |
| EPS (Basic) | -$0.07 | -$128.07 | -$0.01 | -$1.14 | -$0.75 | -$0.56 | -$0.68n/m | -$0.37 |
| EPS (Diluted) | -$0.07 | -$128.07 | -$13.74 | -$1.14 | -$0.75 | -$0.56 | -$0.68n/m | -$0.37 |
| Diluted Shares (Avg) | 56,302 | 721 | 331 | 54,271 | 8M | 5M | 5M | N/A |
FXHO Balance Sheet
Figures in USD, translated from CNY at the rate recorded for each period, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY246-K | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $64.8M+117.0% | $28.4M-68.3% | $91.6M+107.6% | $45.6M+24.9% | $39.5M+44.4% | $26.4M+3.2% | $23.7M | N/A |
| Current Assets | $59.4M+153.5% | $22.3M-72.0% | $81.5M+143.9% | $34.5M+22.9% | $30.4M+47.5% | $19.9M+12.0% | $16.5M | N/A |
| Cash & Equivalents | $38.0M+139.7% | $15.0M+42.4% | $10.8M+6.6% | $10.5M+7.0% | $10.6M+609.0% | $1.4M+799.1% | $149K-86.7% | $1.2M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Inventory | $556K-39.7% | $875K-42.4% | $1.6M-31.8% | $2.4M-55.2% | $5.7M+13.7% | $4.8M+10.6% | $4.0M | N/A |
| Accounts Receivable | $266K | N/A | $4.3M-42.0% | $7.6M+132.7% | $3.5M+27.9% | $2.7M-57.7% | $5.8M | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0-100.0% | $169K-21.5% | $208K+187.2% | $67Kn/m | $0 |
| Total Liabilities | $44.8M-10.1% | $47.4M+19.7% | $40.5M+5.5% | $39.6M+46.3% | $29.3M+25.4% | $22.6M+15.8% | $18.1M | N/A |
| Current Liabilities | $42.0M-13.1% | $46.0M+22.3% | $38.5M+11.1% | $35.8M+50.6% | $25.7M+10.1% | $22.5M+22.6% | $17.1M | N/A |
| Non-Current Liabilities | $2.8M+89.8% | $1.4M-30.1% | $2.0M-45.7% | $3.9M+16.1% | $3.6M+7982.5% | $43K-96.1% | $1.0M | N/A |
| Long-Term Debt | $722K-17.0% | $827K | N/A | $1000K+758.7% | $126K-85.7% | $849K+365.0% | $169K | N/A |
| Total Equity | $20.7Mn/m | -$18.3M-136.1% | $51.8M+734.2% | $6.4M-32.2% | $10.2M+158.1% | $3.8M-37.0% | $5.6M | N/A |
| Retained Earnings | -$131.4Mn/m | -$121.1Mn/m | -$29.4Mn/m | -$25.6Mn/m | -$13.9Mn/m | -$7.5Mn/m | -$4.6M | N/A |
Not reported in any period shown, so not listed: Goodwill.
FXHO Cash Flow Statement
Figures in USD, translated from CNY at the rate recorded for each period, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$21.2Mn/m | -$5.4Mn/m | -$53.4Mn/m | -$3.5Mn/m | -$3.3Mn/m | -$384Kn/m | -$2.4M-883.7% | $326K |
| Depreciation & Amortization | $794K-3.4% | $781K-15.8% | $949K+16.8% | $840K+33.1% | $683K+9.6% | $602K-1.8% | $569K+26.2% | $476K |
| Stock-Based Compensation | N/A | $15.3M+1148.7% | $1.3M-86.0% | $9.3M | N/A | N/A | N/A | N/A |
| Capital Expenditures | $6K | N/A | $137K-62.6% | $377K-55.7% | $923K | N/A | $437K-86.3% | $3.4M |
| Free Cash Flow | -$21.2M | N/A | -$53.6Mn/m | -$3.9Mn/m | -$4.2M | N/A | -$2.9Mn/m | -$3.0M |
| Investing Cash Flow | -$6K | N/A | $778Kn/m | -$422Kn/m | -$918Kn/m | -$335Kn/m | -$320Kn/m | -$1.1M |
| Financing Cash Flow | $45.1M+425.2% | $8.2M-84.2% | $52.9M+1289.7% | $3.9M-68.9% | $13.7M+520.6% | $2.1M+8.9% | $1.8M+106.3% | $928K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
FXHO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 1.0%-1.8pp | 2.8%-2.3pp | 5.1%-10.3pp | 15.4%+10.4pp | 5.0%-2.4pp | 7.4%-2.7pp | 10.0%-0.5pp | 10.5% |
| Operating Margin | -11.1% | -264.8% | -17.5%+21.8pp | -39.3%-26.8pp | -12.5%-6.6pp | -5.9%+4.3pp | -10.2%-6.0pp | -4.2% |
| Net Margin | -14.2% | -267.0% | -35.4%+9.0pp | -44.4%-30.3pp | -14.1%-7.4pp | -6.7%+4.5pp | -11.2%-6.2pp | -5.0% |
| Return on Equity | -19.5% | N/A | -16.6%+182.2pp | -198.7%-139.0pp | -59.8%+6.3pp | -66.0%-11.7pp | -54.3% | N/A |
| Return on Assets | -6.2%+319.0pp | -325.2%-315.9pp | -9.4%+18.6pp | -28.0%-12.5pp | -15.5%-5.9pp | -9.6%+3.3pp | -12.9% | N/A |
| Current Ratio | 1.41+0.9x | 0.48-1.6x | 2.12+1.2x | 0.96-0.2x | 1.18+0.3x | 0.88-0.1x | 0.97 | N/A |
| Debt-to-Equity | 0.03 | N/A | N/A | 0.16+0.1x | 0.01-0.2x | 0.22+0.2x | 0.03 | N/A |
| Liabilities-to-Equity | 2.16 | N/A | 0.78-5.4x | 6.18+3.3x | 2.86-3.0x | 5.89+2.7x | 3.21 | N/A |
| Asset Turnover | 0.44-0.8x | 1.22+1.0x | 0.26-0.4x | 0.63-0.5x | 1.10-0.3x | 1.42+0.3x | 1.15 | N/A |
| FCF Margin | -74.5% | N/A | -220.8% | -13.7%-4.0pp | -9.7% | N/A | -10.5%-1.9pp | -8.6% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| UTime Limited FXHO | FY2026 | $28.5M | -$4.0M | -14.2% | $141.6M | 59/100 |
| GoPro, Inc. GPRO | FY2025 | $651.5M | -$92.6M | -14.2% | $155.5M | 21/100 |
| Vuzix Corporation VUZI | FY2025 | $6.3M | -$32.3M | N/A | $164.6M | 50/100 |
| Universal Electronics Inc UEIC | FY2025 | $368.3M | -$18.6M | -5.1% | $69.6M | 32/100 |
| Turtle Beach Corporation TBCH | FY2025 | $319.9M | $15.7M | 4.9% | $297.3M | 51/100 |
| AXIL Brands, Inc. AXIL | FY2026 | $30.8M | $2.7M | 8.8% | $36.0M | 57/100 |
Where UTime Limited Ranks
Frequently Asked Questions
UTime Limited (FXHO) reported $28.5M in total revenue for fiscal year 2026. This represents a -21.8% change in CNY terms compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
UTime Limited (FXHO) revenue declined by 21.8% year-over-year in CNY, the currency it reports in. Translated at each year’s own exchange rate, it went from $34.6M to $28.5M in fiscal year 2026.
No, UTime Limited (FXHO) reported a net loss of $4.0M in fiscal year 2026, with a net profit margin of -14.2%.
UTime Limited (FXHO) had EBITDA of -$2.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2026, UTime Limited (FXHO) had $38.0M in cash and equivalents against $722K in long-term debt.
UTime Limited (FXHO) had a gross margin of 1.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
UTime Limited (FXHO) had an operating margin of -11.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
UTime Limited (FXHO) had a net profit margin of -14.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
UTime Limited (FXHO) has a return on equity of -19.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
UTime Limited (FXHO) recorded an outflow of $21.2M in free cash flow during fiscal year 2026. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
UTime Limited (FXHO) recorded an outflow of $21.2M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
UTime Limited (FXHO) had $64.8M in total assets as of fiscal year 2026, including both current and long-term assets.
UTime Limited (FXHO) invested $6K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
UTime Limited (FXHO) invested $783K in research and development during fiscal year 2026.
UTime Limited (FXHO) had a current ratio of 1.41 as of fiscal year 2026, which is considered adequate.
UTime Limited (FXHO) had a debt-to-equity ratio of 0.03 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
UTime Limited (FXHO) had a liabilities-to-equity ratio of 2.16 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
UTime Limited (FXHO) had a return on assets of -6.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
UTime Limited (FXHO) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $141.6M as of Nov 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
UTime Limited (FXHO) trades at 5.0x sales, its market capitalization divided by $28.5M revenue, FY2026. The market capitalization is $141.6M as of Nov 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2026, UTime Limited (FXHO) held $38.0M in cash, cash equivalents and investments, and reported an operating cash outflow of $21.2M over that year. Dividing the one by the other, the reported balance equals about 21 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
UTime Limited (FXHO) has an Altman Z-Score of -0.34, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
UTime Limited (FXHO) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
UTime Limited (FXHO) reported a net loss of $4.0M while operations used $21.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
UTime Limited (FXHO) reported an operating loss of $3.2M against $867K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
UTime Limited (FXHO) scores 59 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.