Wellchange Holdings Company Limited (WCT) Financials
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 Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the POS AM for FY2025, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WCT SEC filings page.
Wellchange Holdings Company Limited (WCT) reported $1.3M in revenue for fiscal year 2025, down 41.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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 (10-K and 10-Q reports).
FY2025 shows a smaller, lower-margin business whose losses and cash use expanded faster than its asset base.
From FY2023 to FY2025, gross margin compressed from78.0% to42.7% , indicating weaker economics before operating expenses were considered. In FY2025, the net loss of$7.32M was close to operating cash flow of-$6.32M , so the reported loss was accompanied by a similarly sized cash drain rather than being mainly noncash.
FY2025 operating loss of
The balance sheet nearly doubled in one year while financing supplied
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. 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 Wellchange Holdings Company 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.
Wellchange Holdings Company Limited's reported operating margin for fiscal year 2025 is below the lowest share of revenue this page publishes, so the figure is not shown here. This dimension scores 6/100.
Wellchange Holdings Company Limited's revenue declined 41.6% year-over-year, from $2.3M to $1.3M. This contraction results in a growth score of 3/100.
Wellchange Holdings Company Limited carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 85/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 4.59, Wellchange Holdings Company Limited holds $4.59 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 90/100.
Wellchange Holdings Company Limited posts a -65.7% return on equity (ROE), meaning it loses $66 for every $100 of shareholders' equity. This results in a returns score of 9/100. This is down from -8.8% the prior year.
Wellchange Holdings Company Limited scores 1.62, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($13.5M) relative to total liabilities ($2.5M). 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.
Wellchange Holdings Company Limited passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Wellchange Holdings Company Limited reported a net loss of $7.3M while operations used $6.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Wellchange Holdings Company Limited reported an operating loss of $6.3M against $12K 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
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Wellchange Holdings Company Limited held $2.8M in cash against $416K in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
WCT Income Statement
Figures in USD, 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
WCT Balance Sheet
Figures in USD, 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 | Q4'25POS AM | Q2'256-K/A | Q4'24POS AM | Q4'2310-K |
|---|---|---|---|---|
| Total Assets | $13.6M+103.4% | $13.3M | $6.7M+103.0% | $3.3M |
| Current Assets | $5.8M+264.9% | $4.1M | $1.6M+100.4% | $788K |
| Cash & Equivalents | $2.8M+1020.8% | $72K | $250K+1858.2% | $13K |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Accounts Receivable | $806K+78.0% | $1.1M | $453K-37.1% | $720K |
| Long-Term Investments | $6K-7.2% | $6K | $6K+3.6% | $6K |
| Total Liabilities | $2.5M+38.4% | $988K | $1.8M+37.1% | $1.3M |
| Current Liabilities | $1.3M-17.0% | $957K | $1.5M+43.2% | $1.1M |
| Non-Current Liabilities | $1.2M+348.7% | $31K | $270K+10.4% | $244K |
| Long-Term Debt | $416K-4.2% | $412K | $434K-12.6% | $497K |
| Total Equity | $11.2M+127.0% | $12.3M | $4.9M+146.0% | $2.0M |
| Retained Earnings | -$6.1M-616.0% | -$1.8M | $1.2M-26.6% | $1.6M |
Not reported in any period shown, so not listed: Inventory, Goodwill.
WCT Cash Flow Statement
Figures in USD, 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.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
WCT 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, 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.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Wellchange Holdings Company Limited WCT | FY2025 | $1.3M | -$7.3M | N/A | $13.5M | 48/100 |
| Orangekloud Technology Inc. ORKT | FY2025 | $4.4M | -$3.5M | -78.7% | $5.9M | 52/100 |
| Smith Micro Software Inc SMSI | FY2025 | $17.4M | -$30K | -0.2% | $14.5M | 39/100 |
| EPWK Holdings Ltd. EPWK | FY2025 | $27.8M | -$10.4M | -37.5% | $569K | 13/100 |
| Lucas GC Limited LGCL | FY2025 | $149.0M | $1.4M | 0.9% | $3.7M | 41/100 |
| Amesite Inc. AMST | FY2026 | $365K | -$3.1M | N/A | $6.0M | — |
Where Wellchange Holdings Company Limited Ranks
Frequently Asked Questions
What is Wellchange Holdings Company Limited's annual revenue?
Wellchange Holdings Company Limited (WCT) reported $1.3M in total revenue for fiscal year 2025. This represents a -41.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Wellchange Holdings Company Limited's revenue growing?
Wellchange Holdings Company Limited (WCT) revenue declined by 41.6% year-over-year, from $2.3M to $1.3M in fiscal year 2025.
Is Wellchange Holdings Company Limited profitable?
No, Wellchange Holdings Company Limited (WCT) reported a net income of -$7.3M in fiscal year 2025.
What is Wellchange Holdings Company Limited's EBITDA?
Wellchange Holdings Company Limited (WCT) had EBITDA of -$6.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Wellchange Holdings Company Limited have?
As of fiscal year 2025, Wellchange Holdings Company Limited (WCT) had $2.8M in cash and equivalents against $416K in long-term debt.
What is Wellchange Holdings Company Limited's gross margin?
Wellchange Holdings Company Limited (WCT) had a gross margin of 42.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Wellchange Holdings Company Limited's return on equity (ROE)?
Wellchange Holdings Company Limited (WCT) has a return on equity of -65.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Wellchange Holdings Company Limited's operating cash flow?
Wellchange Holdings Company Limited (WCT) recorded an outflow of $6.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Wellchange Holdings Company Limited's total assets?
Wellchange Holdings Company Limited (WCT) had $13.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Wellchange Holdings Company Limited's current ratio?
Wellchange Holdings Company Limited (WCT) had a current ratio of 4.59 as of fiscal year 2025, which is generally considered healthy.
What is Wellchange Holdings Company Limited's debt-to-equity ratio?
Wellchange Holdings Company Limited (WCT) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Wellchange Holdings Company Limited's return on assets (ROA)?
Wellchange Holdings Company Limited (WCT) had a return on assets of -53.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Wellchange Holdings Company Limited's P/E ratio?
Wellchange Holdings Company Limited (WCT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $13.5M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Wellchange Holdings Company Limited's price-to-sales ratio?
Wellchange Holdings Company Limited (WCT) trades at 10.0x sales, its market capitalization divided by revenue of $1.3M revenue, FY2025. The market capitalization is $13.5M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Wellchange Holdings Company Limited's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Wellchange Holdings Company Limited (WCT) held $2.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $6.3M over that year. Dividing the one by the other, the reported balance equals about 5 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.
What is Wellchange Holdings Company Limited's Altman Z-Score?
Wellchange Holdings Company Limited (WCT) has an Altman Z-Score of 1.62, 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.
What is Wellchange Holdings Company Limited's Piotroski F-Score?
Wellchange Holdings Company Limited (WCT) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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.
Are Wellchange Holdings Company Limited's earnings high quality?
Wellchange Holdings Company Limited (WCT) reported a net loss of $7.3M while operations used $6.3M 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.
Can Wellchange Holdings Company Limited cover its interest payments?
Wellchange Holdings Company Limited (WCT) reported an operating loss of $6.3M against $12K 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.
How financially healthy is Wellchange Holdings Company Limited?
Wellchange Holdings Company Limited (WCT) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), 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.