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Utime Ltd (FXHO) stock

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NASDAQ: FXHO Nasdaq Consumer Electronics

D Fundamentals grade

Utime Ltd is a US-listed company in the consumer electronics industry. Its financial year ends in March.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Utime Ltd is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: cash-flow, stock-pay or share-count figures missing or out of date. We'll show the comparison once resolved.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds2 adding, 0 cuttingOf 0 active managers that changed their stake, 0 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Utime files

Where Utime stands after its latest Filing

Revenue for the twelve months was $28m, down 20.5% on a year earlier, against growth of 44.8% a quarter earlier. Free-cash-flow margin fell to -74.5% from -10.5% a year earlier. The diluted share count is up 7708.9% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 5 of our 7 financial-health checks.

Our model value for Utime is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Utime Ltd's trailing-twelve-month revenue fell 20.5% year on year, with a free-cash-flow margin of -74.5%. Where it stands out: days sales outstanding of 4 days ranks 1 of 10 consumer electronics companies we cover. Where it lags: change in growth rate of -65.3pp ranks 11 of 11 consumer electronics companies we cover.

Current signal Net income rising while operating cash flow falls: TTM net income grew 95.8% while operating cash flow fell 280.5% — earnings and cash are telling different stories.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Margins widening. Operating margin is up 253.7 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Revenue shrinking. Revenue fell 20.5% over the last 12 months.
  • Growth slowing. The growth rate is 65.3 points lower than a quarter earlier.
  • Loss-making. Operating margin is -11.1%: costs exceed revenue.
  • Burning cash. Free cash flow was -74.5% of revenue over the last 12 months.
  • Heavy stock-based pay. Stock pay equals 44.2% of revenue, against a median of 2.8% for consumer electronics companies we cover: a real cost that cash-flow figures leave out.
  • Share dilution. Diluted shares rose 7708.9% in a year.

Price chart

  • 1 day-1.3%
  • 1 week-27.5%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$27.7M
Operating margin
-11.1%
Net margin
-14.2%
EPS (TTM, diluted)
$-69.64

Growth

Revenue growth
−20.5%
Change in growth rate
−65.3 pts
Share count change
+7708.9%

Cash

Free cash flow (TTM)
-$20.6M
FCF margin
-74.5%
Stock pay % of revenue
44.2%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for FXHO from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: cash-flow, stock-pay or share-count figures missing or out of date.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Utime Ltd: too few analysts cover it.

Positioning

Short interest
0.0%
of tradable shares
Days to cover
0.16
at average volume
Short interest, 1 month
−47%
to October 15, 2026
Held by institutions
0%
of shares
Held by insiders
3.7%
of shares
Employees
34
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Utime Ltd in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Utime Ltd
$20M $25M $30M $35M $40M $45M FY19 Q4 FY21 Q4 FY23 Q4 FY26 Q4 Revenue (TTM), FY19 Q4: $35.5M Revenue (TTM), FY20 Q4: $27.7M Revenue (TTM), FY21 Q4: $36.4M Revenue (TTM), FY22 Q4: $42.9M Revenue (TTM), FY23 Q4: $28.9M Revenue (TTM), FY24 Q4: $24M Revenue (TTM), FY25 Q4: $34.8M Revenue (TTM), FY26 Q4: $27.7M $27.7M

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY19 Q4 $35.5M
FY20 Q4 $27.7M
FY21 Q4 $36.4M
FY22 Q4 $42.9M
FY23 Q4 $28.9M
FY24 Q4 $24M
FY25 Q4 $34.8M
FY26 Q4 $27.7M
Revenue growth, TTM YoY Utime Ltd
-40% -20% 0% 20% 40% 60% FY20 Q4 FY22 Q4 FY24 Q4 FY26 Q4 Revenue growth, TTM YoY, FY20 Q4: -22.0% Revenue growth, TTM YoY, FY21 Q4: 31.4% Revenue growth, TTM YoY, FY22 Q4: 17.8% Revenue growth, TTM YoY, FY23 Q4: -32.8% Revenue growth, TTM YoY, FY24 Q4: -16.8% Revenue growth, TTM YoY, FY25 Q4: 44.8% Revenue growth, TTM YoY, FY26 Q4: -20.5% -20.5%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue growth, TTM YoY
FY20 Q4 -22.0%
FY21 Q4 31.4%
FY22 Q4 17.8%
FY23 Q4 -32.8%
FY24 Q4 -16.8%
FY25 Q4 44.8%
FY26 Q4 -20.5%
Operating margin (TTM) Utime Ltd
-300% -200% -100% 0% FY19 Q4 FY21 Q4 FY23 Q4 FY26 Q4 Operating margin (TTM), FY19 Q4: -4.2% Operating margin (TTM), FY20 Q4: -10.2% Operating margin (TTM), FY21 Q4: -5.9% Operating margin (TTM), FY22 Q4: -12.5% Operating margin (TTM), FY23 Q4: -39.3% Operating margin (TTM), FY24 Q4: -17.5% Operating margin (TTM), FY25 Q4: -264.8% Operating margin (TTM), FY26 Q4: -11.1% -11.1%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY19 Q4 -4.2%
FY20 Q4 -10.2%
FY21 Q4 -5.9%
FY22 Q4 -12.5%
FY23 Q4 -39.3%
FY24 Q4 -17.5%
FY25 Q4 -264.8%
FY26 Q4 -11.1%
FCF margin (TTM) Utime Ltd
-300% -200% -100% 0% FY19 Q4 FY20 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY26 Q4 FCF margin (TTM), FY19 Q4: -8.6% FCF margin (TTM), FY20 Q4: -10.5% FCF margin (TTM), FY22 Q4: -9.7% FCF margin (TTM), FY23 Q4: -13.7% FCF margin (TTM), FY24 Q4: -220.8% FCF margin (TTM), FY26 Q4: -74.5% -74.5%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY19 Q4 -8.6%
FY20 Q4 -10.5%
FY22 Q4 -9.7%
FY23 Q4 -13.7%
FY24 Q4 -220.8%
FY26 Q4 -74.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Utime Ltd: annual financial statements
Fiscal year 2019 Mar 2019 2020 Mar 2020 2021 Mar 2021 2022 Mar 2022 2023 Mar 2023 2024 Mar 2024 2025 Mar 2025 2026 Mar 2026
Income
Revenue 36 28 36 43 29 24 35 28
Gross profit 4 3 3 2 4 1 1 0
EBITDA −1 −2 −2 −5 −10 −3 −91 −2
Operating income −1 −3 −2 −5 −11 −4 −92 −3
Net income −2 −3 −2 −6 −13 −8 −93 −4
Diluted EPS −$37.17 −$69.09 −$54.32 −$74.17 −$113.95 — — —
Growth (year on year)
Revenue — −22.0% +31.4% +17.8% −32.8% −16.8% +44.8% −20.5%
Margins
Gross margin 10.5% 10.0% 7.4% 5.0% 15.4% 5.2% 2.8% 1.0%
EBITDA margin −2.8% −8.1% −4.3% −10.9% −36.4% −13.6% −262.5% −8.3%
Operating margin −4.2% −10.2% −5.9% −12.5% −39.3% −17.5% −264.8% −11.1%
Net margin −5.0% −11.2% −6.7% −14.1% −44.3% −35.4% −267.0% −14.2%
Free-cash-flow margin −8.6% −10.5% — −9.7% −13.7% −220.8% — −74.5%
Cash flow
Cash from operations 0 −2 −0 −3 −4 −53 −5 −21
Capital spending 3 0 — 1 0 0 — 0
Free cash flow −3 −3 — −4 −4 −53 — −21
Stock-based pay — — — — 9 1 15 —
Free cash flow after stock pay — — — — −13 −54 — —
Balance sheet
Cash 1 0 1 11 10 11 15 38
Total debt 0 3 6 7 9 — 11 10
Net debt (negative = net cash) −1 3 5 −4 −1 −11 −4 −28
Diluted shares — — — — — 331m — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 7 checks passed · March 31, 2026
What it owns · $65m
Short-term assets $59mLonger-term assets $5m
What it owes, and who funded it · $66m
Short-term liabilities $42mLonger-term liabilities $3mShareholders' equity $21m
  • Short-term assets cover short-term liabilities $59m of assets due within a year against $42m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $59m short-term assets against $3m of longer-dated liabilities.
  • More cash than debt $38m of cash against $2m of debt.
  • Debt below 40% of shareholders' equity Debt is 7% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 22% to 7% over five years.
  • A year's operating cash flow covers at least 20% of debt −$21m of operating cash flow against $2m of debt.
  • Operating profit covers interest at least five times over Operating income of −$3m against $842,274 of interest.

From Utime Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+7708.9%
year over year
R&D spending
2.7%
of revenue
Days sales outstanding
4 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in consumer electronics
Growth, margins and cash generation against peers
Last 12 months unless stated FXHO KOSS FEBO ISPR MSN LUCY Median
Revenue, last 12 months $28m $12m $11m $96m $6m $3m $96m
Revenue growth, last 12 months −20.5% −10.7% −36.0% −24.7% −44.6% 72.5% −17.9%
Revenue growth, 3-year average — −2.8% — −6.0% −10.4% 85.6% −4.8%
Revenue growth, latest quarter — −24.0% — 32.5% −37.1% 74.5% −7.6%
Gross margin 1.0% 41.9% 12.9% 12.8% 10.6% 22.8% 27.7%
Operating margin −11.1% −15.5% −12.8% −33.9% −74.7% — −12.0%
Operating margin, 3-year average — −13.6% — −24.3% −56.7% — −8.4%
Net margin −14.2% −7.2% −12.5% −34.6% −65.5% −225.3% −14.2%
Cash from operations / revenue −74.5% −7.0% 1.9% −0.6% −71.4% −211.1% −3.5%
Free-cash-flow margin −74.5% −13.4% 1.8% −0.9% −59.0% −211.1% −4.1%
Free-cash-flow margin, 3-year average — −3.3% — −7.0% −51.3% −336.6% −3.3%
Stock pay / revenue 44.2% 0.5% — 3.6% 0.0% 22.7% 2.5%
Change in share count >999% 0.3% 0.0% 0.8% 0.0% — 0.3%

Median of all 11 companies we cover in consumer electronics. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

11 consumer electronics companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth -20.5% -17.9% 7 of 11
Change in growth rate Growth -65.3pp -2.8pp 11 of 11
Gross margin Profitability 1.0% 27.7% 11 of 11
Operating margin Profitability -11.1% -11.3% 4 of 10
Net margin Profitability -14.2% -14.2% 6 of 11
Free-cash-flow margin Cash generation -74.5% -4.1% 10 of 11
Stock pay as % of revenue Cash generation 44.2% 2.8% 9 of 9
Change in share count Balance sheet 7708.9% 0.3% 10 of 10
Days sales outstanding Balance sheet 4 days 53 days 1 of 10

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Reported value
$16,393
Institutions reporting
2
Positions opened / closed
2 / 0

Top buyers and sellers, Q2 2026: 2 institutions bought and 0 sold ; the biggest buyer was Tower Research Capital LLC (TRC) (+2,000 shares) . See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Tower Research Capital LLC (TRC) $14,280 2K 87.1% —
Barclays PLC $2,113 0K 12.9% —

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Utime Ltd's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 20-F 20-F
  • 6-K 6-K

Data status

When each part of this page on Utime Ltd was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Utime Ltd in brief

What does Utime Ltd do?
Utime Ltd is a US-listed company in the consumer electronics industry. Its financial year ends in March.
What is Utime Ltd's stock ticker?
Utime Ltd trades under the ticker FXHO on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Utime Ltd's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Utime Ltd reported revenue of $27.7M, 20.5% lower than a year earlier, according to its SEC filings.
What is Utime Ltd's free cash flow?
Utime Ltd's free-cash-flow margin is -74.5% of revenue over the trailing twelve months, ranking 10 of the 11 consumer electronics companies we cover.
How much debt does Utime Ltd have?
Utime Ltd's debt-to-equity ratio is 7.3%, from its latest balance sheet (22.2% five years earlier). The financial health section below sets out its other solvency checks.
Who are Utime Ltd's competitors?
In our Consumer Electronics peer group, the companies closest to Utime Ltd are Koss Corp, Fenbo Holdings Ltd, Ispire Technology Inc., Emerson Radio Corp and Innovative Eyewear Inc. The side-by-side comparison below sets their revenue, margins and growth against Utime Ltd's.