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Ucommune International Ltd
Previous close
$1.19
Day range
$1.15 - $1.24
Year range
$1.12 - $6.85
Market cap
1.73M USD
Avg Volume
178.43K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
(CNY) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 59.46M | -55.98% |
Operating expense | 34.23M | -63.19% |
Net income | -25.06M | -30.46% |
Net profit margin | -42.15 | -196.41% |
Earnings per share | — | — |
EBITDA | -12.84M | 22.00% |
Effective tax rate | -10.02% | — |
Balance Sheet
Total assets
Total liabilities
(CNY) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 60.38M | 3.62% |
Total assets | 493.92M | -34.10% |
Total liabilities | 458.39M | -36.06% |
Total equity | 35.54M | — |
Shares outstanding | 1.44M | — |
Price to book | 0.05 | — |
Return on assets | -7.94% | — |
Return on capital | -20.76% | — |
Cash Flow
Net change in cash
(CNY) | Jun 2024info | Y/Y change |
---|---|---|
Net income | -25.06M | -30.46% |
Cash from operations | -2.46M | -116.01% |
Cash from investing | -842.50K | 67.71% |
Cash from financing | 5.58M | 160.37% |
Net change in cash | 2.73M | 8.75% |
Free cash flow | 5.49M | 199.35% |
About
Ucommune International Ltd., formerly known as UrWork, is a Beijing-based co-working space provider founded in 2015 by Mao Daqing. It is now the second-largest co-working space provider after WeWork, with properties in three dozen cities around the world, including Shanghai, Singapore, Hong Kong and New York City. The company was valued at 1.8 billion US dollars in August 2018, making it the first domestic unicorn in the Chinese co-working space, but by November 2018, Ucommune had completed its D round of financing, securing a valuation of 2.4 billion US dollars. In February 2019, it was reported that the company was seeking to list on the NASDAQ at a valuation of $3 billion.
Ucommune has over 300 employees and 400,000 square meters of office space in 160 locations. The company provides community services to its 5,000 member companies and 609,000 individual members worldwide.
Ucommune provides a modern co-working environment digitally and Internet-of-Things- enabled smart co-working experience for its tenants. Founder Mao Daqing views co-working as an way to take advantage of unused space and give opportunities to young entrepreneurs. Wikipedia
CEO
Founded
2015
Website
Employees
269