FXHONasdaqElectronic & Other Electrical Equipment (No Computer Equip)Fiscal year ends March 31
UTime Ltd
Financials through fiscal 2026, year ended Mar 31, 2026Last filing: 20-F on Aug 10, 2026
$8.41−0.31 (-3.50%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2018 to 2026
Gross margin
1.0%−6.4 pts over 5 years
Operating margin
-11.1%−5.2 pts over 5 years
Net margin
-14.2%−7.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -21.8% | -0.2% | -4.5% | – | |
| Gross profit | -72.2% | -59.9% | -35.9% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | -51.1% | -535.3% | |
| Return on assets | – | -9.7% | -8.5% | |
| Current ratio | – | 0.88 | 1.41 | |
| Debt to equity | – | 1.67 | 0.48 | |
| Net debt to EBITDA | – | -3.97× | 11.82× | |
| Interest coverage | – | -5.9× | -3.7× | |
| Inventory turnover | – | 7.6× | 38.2× | |
| Capex to revenue | – | – | 0.0% | |
| Diluted shares | – | 0M | 0M |
Cash use needs five years of cash flow figures
UTime does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-14.2%
×Asset turnover0.60×
×Equity multiplier62.80×
=Return on equity, FY2026-535.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -14.2% | 0.60× | 62.80× | -535.3% |
| FY2025 | -267.0% | 0.59× | 3.64× | -570.0% |
| FY2024 | -35.4% | 0.36× | 2.34× | -29.6% |
| FY2023 | -44.3% | 0.70× | 5.17× | -160.6% |
| FY2022 | -14.1% | 1.30× | 4.70× | -86.1% |
| FY2021 | -6.7% | 1.45× | 5.25× | -51.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
4of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-CN¥27.84M
- Cash generatingOperating cash flow above zero-CN¥146.29M
- Return on assets improvedROA up on the prior year-103.1% → -13.5%
- Earnings backed by cashOperating cash flow above net income-CN¥146.29M vs -CN¥27.84M
- Less leverageLong-term debt to assets fell2.9% → 1.1%
- Better liquidityCurrent ratio rose0.48 → 1.41
- No dilutionShare count did not rise0M → 0M
- Gross margin improvedGross margin up on the prior year2.82% → 1.00%
- More efficientAsset turnover rose0.39 → 0.95