UTime Ltd
FXHO Nasdaq Electronic & Other Electrical Equipment (No Computer Equip) Financials FY2019โFY2026
Revenue
Total sales reported in the income statement.
$27.7M
20.5%
vs prior year
Operating margin
Operating income as a share of revenue.
โ11.1%
253.7ย pts
Net income
Profit after all expenses, interest and tax.
โ$3.9M
Free cash flow
Cash from operations minus capital spending.
โ$20.6M
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
โ
Market cap
Last close times the latest diluted share count, so it is approximate.
โ
P/E
Last close divided by diluted earnings per share over the last four quarters.
โ
What UTime Ltd does
No business description yet.
- Legal name
- UTime Ltd
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 20-F ยท Aug 10, 2026
- Accession ยท CIK
- 0001493152-26-036780
0001789299
Revenue and margins
UTime Ltd had $27.7M of revenue in fiscal 2026, down 20.5% on the year before.
FY19
Revenue $35.5M
FY20
Revenue $27.7M
FY21
Revenue $36.4M
FY22
Revenue $42.9M
FY23
Revenue $28.8M
FY24
Revenue $24.0M
FY25
Revenue $34.8M
FY26
Revenue $27.7M
FY19
Gross 10.5%
Operating โ4.2%
Net โ5.0%
FCF โ8.6%
FY20
Gross 10.0%
Operating โ10.2%
Net โ11.2%
FCF โ10.5%
FY21
Gross 7.4%
Operating โ5.9%
Net โ6.7%
FCF โ
FY22
Gross 5.0%
Operating โ12.5%
Net โ14.1%
FCF โ9.7%
FY23
Gross 15.4%
Operating โ39.3%
Net โ44.3%
FCF โ13.7%
FY24
Gross 5.2%
Operating โ17.5%
Net โ35.4%
FCF โ220.8%
FY25
Gross 2.8%
Operating โ264.8%
Net โ267.0%
FCF โ
FY26
Gross 1.0%
Operating โ11.1%
Net โ14.2%
FCF โ74.5%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY19
Net income โ$1.8M
FY20
Net income โ$3.1M
FY21
Net income โ$2.5M
FY22
Net income โ$6.1M
FY23
Net income โ$12.8M
FY24
Net income โ$8.5M
FY25
Net income โ$92.8M
FY26
Net income โ$3.9M
FY19
Diluted EPS โ$0.37
FY20
Diluted EPS โ$0.69
FY21
Diluted EPS โ$0.54
FY22
Diluted EPS โ$0.74
FY23
Diluted EPS โ$1.14
FY24
Diluted EPS โ
FY25
Diluted EPS โ
FY26
Diluted EPS โ
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY19
Return on capital โ
Return on equity โ69.1%
Return on assets โ
FY20
Return on capital โ28.2%
Return on equity โ76.0%
Return on assets โ13.2%
FY21
Return on capital โ19.2%
Return on equity โ51.8%
Return on assets โ9.8%
FY22
Return on capital โ76.6%
Return on equity โ85.9%
Return on assets โ18.3%
FY23
Return on capital โ180.6%
Return on equity โ153.4%
Return on assets โ30.1%
FY24
Return on capital โ6.9%
Return on equity โ29.6%
Return on assets โ12.5%
FY25
Return on capital โ
Return on equity โ569.7%
Return on assets โ156.9%
FY26
Return on capital โ
Return on equity โ321.0%
Return on assets โ8.4%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was โ$20.6M in fiscal 2026, โ74.5% of revenue. Cash from operations minus capital spending.
FY19
Free cash flow โ$3.0M
FY20
Free cash flow โ$2.9M
FY21
Free cash flow โ
FY22
Free cash flow โ$4.2M
FY23
Free cash flow โ$3.9M
FY24
Free cash flow โ$53.0M
FY25
Free cash flow โ
FY26
Free cash flow โ$20.6M
FY19
Cash from operations $0.3M
Capital spending $3.4M
FY20
Cash from operations โ$2.5M
Capital spending $0.4M
FY21
Cash from operations โ$0.4M
Capital spending โ
FY22
Cash from operations โ$3.3M
Capital spending $0.9M
FY23
Cash from operations โ$3.6M
Capital spending $0.4M
FY24
Cash from operations โ$52.9M
Capital spending $0.1M
FY25
Cash from operations โ$5.4M
Capital spending โ
FY26
Cash from operations โ$20.6M
Capital spending $0.0M
Cash from operations
Capital spending
Dividends, buybacks and share count
UTime Ltd returned โ to shareholders in fiscal 2026. The diluted share count rose 7,942.9%.
FY19
Dividends โ
Buybacks โ
FY20
Dividends โ
Buybacks โ
FY21
Dividends โ
Buybacks โ
FY22
Dividends โ
Buybacks โ
FY23
Dividends โ
Buybacks โ
FY24
Dividends โ
Buybacks โ
FY25
Dividends โ
Buybacks โ
FY26
Dividends โ
Buybacks โ
Dividends
Buybacks
FY19
Diluted shares 0.00B
FY20
Diluted shares 0.00B
FY21
Diluted shares 0.00B
FY22
Diluted shares 0.01B
FY23
Diluted shares 0.00B
FY24
Diluted shares 0.00B
FY25
Diluted shares 0.00B
FY26
Diluted shares 0.00B
Balance sheet
Cash, debt and the ratios that show how comfortably UTime Ltd can carry it.
FY19
Cash $1.2M
Debt โ
FY20
Cash $0.1M
Debt $2.5M
FY21
Cash $1.4M
Debt $6.4M
FY22
Cash $10.6M
Debt $5.9M
FY23
Cash $10.5M
Debt $9.0M
FY24
Cash $10.6M
Debt $7.9M
FY25
Cash $15.1M
Debt $8.8M
FY26
Cash $37.9M
Debt $9.9M
Cash
Debt
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $10.6M | $10.5M | $10.6M | $15.1M | $37.9M |
| Debt incl. finance leases | $5.9M | $9.0M | $7.9M | $8.8M | $9.9M |
| Debt / equity | 0.6x | 1.4x | 0.2x | โ | 0.5x |
| Interest coverage | โ7.1x | โ12.6x | โ8.3x | โ169.2x | โ3.7x |
| Current ratio | 1.2x | 1.0x | 2.1x | 0.5x | 1.4x |
| Quick ratio | 1.0x | 0.9x | 2.1x | 0.5x | 1.4x |
| Total assets | $39.5M | $45.5M | $89.9M | $28.4M | $64.8M |
| Total liabilities | $29.4M | $39.6M | $39.8M | $47.4M | $44.8M |
| Shareholders' equity | $10.2M | $6.4M | $50.9M | โ$18.3M | $20.7M |
| Net debt (โ = net cash) | โ$4.7M | โ$1.5M | โ$2.7M | โ$6.3M | โ$28.1M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 5 | 3 / 9 | 3 / 9 | 3 / 9 | 4 / 9 | 2 / 9 | 3 / 9 |
| Accruals ratio | โ | โ2.8% | โ8.3% | โ8.5% | โ21.7% | 65.5% | โ147.8% | 35.8% |
| Altman Z'' | โ | โ1.27 | โ1.95 | โ0.92 | โ3.51 | 3.06 | โ41.57 | โ4.69 |
8 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $35.5M | $27.7M | $36.4M | $42.9M | $28.8M | $24.0M | $34.8M | $27.7M |
| Gross profit | $3.7M | $2.8M | $2.7M | $2.1M | $4.4M | $1.2M | $1.0M | $0.3M |
| Research and development | $1.6M | $1.5M | $1.1M | $2.2M | $2.3M | $2.3M | $1.3M | $0.8M |
| Operating income | โ$1.5M | โ$2.8M | โ$2.1M | โ$5.4M | โ$11.3M | โ$4.2M | โ$92.1M | โ$3.1M |
| Interest expense | $0.2M | $0.3M | $0.4M | $0.8M | $0.9M | $0.5M | $0.5M | $0.8M |
| Pretax income | โ$1.7M | โ$3.1M | โ$2.5M | โ$6.1M | โ$12.2M | โ$4.7M | โ$92.6M | โ$3.9M |
| Income tax | $0.1M | $0.0M | โ$0.1M | โ$0.0M | โ$0.0M | โ$0.0M | โ$0.0M | โ |
| Net income | โ$1.8M | โ$3.1M | โ$2.5M | โ$6.1M | โ$12.8M | โ$8.5M | โ$92.8M | โ$3.9M |
| Net income to common | โ$0.2M | โ$2.1M | โ$1.6M | โ$4.6M | โ$12.8M | โ$8.5M | โ$92.8M | โ |
| Diluted EPS | โ$0.37 | โ$0.69 | โ$0.54 | โ$0.74 | โ$1.14 | โ | โ | โ |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B |
| Cash flow | ||||||||
| Cash from operations | $0.3M | โ$2.5M | โ$0.4M | โ$3.3M | โ$3.6M | โ$52.9M | โ$5.4M | โ$20.6M |
| Capital expenditure | $3.4M | $0.4M | โ | $0.9M | $0.4M | $0.1M | โ | $0.0M |
| Free cash flow | โ$3.0M | โ$2.9M | โ | โ$4.2M | โ$3.9M | โ$53.0M | โ | โ$20.6M |
| Depreciation and amortization | $0.5M | $0.6M | $0.6M | $0.7M | $0.8M | $0.9M | $0.8M | $0.8M |
| Stock-based compensation | โ | โ | โ | โ | $9.3M | $1.2M | $15.4M | โ |
| Acquisitions | โ | โ | โ | โ$0.0M | โ | โ | โ | โ |
| Balance sheet | ||||||||
| Cash and short-term investments | $1.2M | $0.1M | $1.4M | $10.6M | $10.5M | $10.6M | $15.1M | $37.9M |
| Total debt | โ | $2.5M | $6.4M | $5.9M | $9.0M | $7.9M | $8.8M | $9.9M |
| Current assets | โ | $16.5M | $20.0M | $30.4M | $34.5M | $80.0M | $22.3M | $59.4M |
| Current liabilities | โ | $17.0M | $22.6M | $25.7M | $35.7M | $37.7M | $46.0M | $42.0M |
| Inventory | โ | $4.0M | $4.8M | $5.7M | $2.4M | $1.5M | $0.9M | $0.6M |
| Property and equipment, net | โ | $5.5M | $5.4M | $6.0M | $8.9M | $7.5M | $5.5M | $5.0M |
| Intangible assets | โ | $0.2M | $0.4M | $0.4M | $0.2M | $0.1M | $0.0M | $0.0M |
| Total assets | โ | $23.7M | $26.5M | $39.5M | $45.5M | $89.9M | $28.4M | $64.8M |
| Total liabilities | โ | $18.1M | $22.7M | $29.4M | $39.6M | $39.8M | $47.4M | $44.8M |
| Shareholders' equity | $2.6M | $5.6M | $3.8M | $10.2M | $6.4M | $50.9M | โ$18.3M | $20.7M |
| Margins | ||||||||
| Gross margin | 10.5% | 10.0% | 7.4% | 5.0% | 15.4% | 5.2% | 2.8% | 1.0% |
| Operating margin | โ4.2% | โ10.2% | โ5.9% | โ12.5% | โ39.3% | โ17.5% | โ264.8% | โ11.1% |
| EBITDA margin | โ2.8% | โ8.1% | โ4.3% | โ11.0% | โ36.4% | โ13.6% | โ262.5% | โ8.3% |
| Net margin | โ5.0% | โ11.2% | โ6.7% | โ14.1% | โ44.3% | โ35.4% | โ267.0% | โ14.2% |
| FCF margin | โ8.6% | โ10.5% | โ | โ9.7% | โ13.7% | โ220.8% | โ | โ74.5% |
| Returns | ||||||||
| Return on capital | โ | โ28.2% | โ19.2% | โ76.6% | โ180.6% | โ6.9% | โ | โ |
| Return on capital employed | โ | โ42.5% | โ55.1% | โ39.0% | โ115.4% | โ8.1% | 523.0% | โ13.5% |
| Return on equity | โ69.1% | โ76.0% | โ51.8% | โ85.9% | โ153.4% | โ29.6% | โ569.7% | โ321.0% |
| Return on assets | โ | โ13.2% | โ9.8% | โ18.3% | โ30.1% | โ12.5% | โ156.9% | โ8.4% |
| Return on tangible equity | โ8.6% | โ37.9% | โ45.3% | โ47.0% | โ207.2% | โ16.7% | โ | โ18.9% |
| Growth | ||||||||
| Revenue growth | โ | โ21.9% | 31.4% | 17.9% | โ32.9% | โ16.7% | 44.8% | โ20.5% |
| Share count change | โ | 2.9% | 0.2% | 80.7% | โ99.3% | โ99.4% | 133.3% | 7,942.9% |
| Financial health | ||||||||
| Debt / equity | โ | 0.4x | 1.7x | 0.6x | 1.4x | 0.2x | โ | 0.5x |
| Interest coverage | โ6.7x | โ11.3x | โ5.9x | โ7.1x | โ12.6x | โ8.3x | โ169.2x | โ3.7x |
| Current ratio | โ | 1.0x | 0.9x | 1.2x | 1.0x | 2.1x | 0.5x | 1.4x |
| Quick ratio | โ | 0.7x | 0.7x | 1.0x | 0.9x | 2.1x | 0.5x | 1.4x |
| Capital allocation | ||||||||
| Capex / revenue | 9.5% | 1.6% | โ | 2.1% | 1.3% | 0.6% | โ | 0.0% |
| Stock comp / revenue | โ | โ | โ | โ | 32.2% | 5.2% | 44.2% | โ |
| Quality scores | ||||||||
| Piotroski F-score | โ | โ | 3.0 | 3.0 | 3.0 | 4.0 | 2.0 | 3.0 |
| Altman Z'' | โ | โ1.3 | โ1.9 | โ0.9 | โ3.5 | 3.1 | โ41.6 | โ4.7 |
| Accruals ratio | โ | โ2.8% | โ8.3% | โ8.5% | โ21.7% | 65.5% | โ147.8% | 35.8% |
Source: SEC EDGAR XBRL filings (CIK 0001789299). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Filed in CNY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only โ not investment advice. Check the original filings before relying on any figure.