Weiqi Technology Private Limited
About Weiqi Technology Private Limited
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Weiqi Technology Private Limited is a foreign private limited company based in Delhi, India, a subsidiary of Shenzhen Winntel Technology Co. Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 01 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2018FTC341455. Its GSTIN is 07AACCW3097N1ZQ (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yu Zhang and Jerry Leong.
Its last annual general meeting (AGM) was held on 12 October 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Third Floor 4361/58, Delhi, India – 110005.
As per the financials filed for FY 2019, the company reported a revenue of ₹34.4 Lakh. For the same year it recorded a net loss of ₹80,674 (net margin -2.3%) and EBITDA of -₹77,479 (EBITDA margin -2.3%).
Company details
Contact details
Weiqi Technology Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressThird Floor 4361/58, Delhi, India – 110005
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Weiqi Technology Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Weiqi Technology is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Weiqi Technology Private Limited, buy the company report.
Financials of Weiqi Technology Private Limited
FY 2019 filings availableWeiqi Technology Private Limited reported revenue of ₹34.4 Lakh for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹34.4 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹77,479 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹80,674 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2018-19 |
|---|---|
| Profitability | |
| EBITDA Margin | -2.3% |
| Net Profit Margin | -2.3% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Weiqi Technology Private Limited, buy the company report.
Board of directors of Weiqi Technology Private Limited
Weiqi Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yu Zhang | Director | 01 Nov 2018 | 8 Years 0 Months | Current |
| Jerry Leong Also directs: Dice Overseas LLP, Xin Chuang Xin International Private Limited | Director | 01 Nov 2018 | 8 Years 0 Months | Current |
Peer comparison
Weiqi Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Visom Power Solutions Private Limited | ₹34.44 Lakh (FY 2019) | 77.0% | Chennai, Tamil Nadu, India | |||
| Genistra Life Sciences Private Limited | ₹34.43 Lakh (FY 2024) | -19.0% | Chennai, Tamil Nadu, India | |||
| Illusion Agencies Private Limited | ₹34.42 Lakh (FY 2024) | -53.0% | Kolkata, West Bengal, India | |||
| Bornfree Healthcare Private Limited | ₹34.41 Lakh (FY 2024) | 52.0% | Bikaner, Rajasthan, India | |||
| Enlink Trading Co. Private Limited | ₹34.41 Lakh (FY 2025) | 176.0% | Bhubaneswar, Odisha, India | |||
| Weiqi Technology Private Limitedthis company | ₹34.4 Lakh (FY 2019) | -₹80,674 | -2.3% | Delhi, India | ||
| Tejnet Broadband Private Limited | ₹34.4 Lakh (FY 2025) | 123.0% | Moradabad, Uttar Pradesh, India | |||
| S Unique Services Private Limited | ₹34.4 Lakh (FY 2025) | 16.0% | Pune, Maharashtra, India | |||
| Pahun Industries Private Limited | ₹34.4 Lakh (FY 2025) | 33.0% | Indore, Madhya Pradesh, India | |||
| Shreejikrupa Exports Private Limited | ₹34.4 Lakh (FY 2024) | 7.0% | Ahmedabad, Gujarat, India | |||
| Sribhumi Bio Agro and Chemical Private Limited | ₹34.4 Lakh (FY 2022) | 936.0% | Bhadreswar, West Bengal, India |
To see the full peer comparison of Weiqi Technology Private Limited, buy the company report.
Auditor
Weiqi Technology Private Limited is audited by SATISH VINOD GUPTA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH VINOD GUPTA & ASSOCIATES | FY 2019 | 025025N |
Shareholding
The shareholding of Weiqi Technology Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Weiqi Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Weiqi Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Weiqi Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Weiqi Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCW3097N1ZQ | Delhi | Active | 13 Dec 2018 |
To see the full GST registrations and return filing status of Weiqi Technology Private Limited, buy the company report.
Recent activity
Weiqi Technology Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Jerry Leong ceased to be Director on 15 Jan 2020.
Frequently asked questions
Weiqi Technology is an active foreign private limited company based in Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 01 November 2018 (8+ years old) and is registered under CIN U74999DL2018FTC341455.
Weiqi Technology has 2 current directors:
- Yu Zhang - Director
- Jerry Leong - Director
The latest financial statements of Weiqi Technology on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 12 October 2019. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Weiqi Technology is 07AACCW3097N1ZQ, registered in Delhi.
The CIN (Corporate Identification Number) of Weiqi Technology is U74999DL2018FTC341455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Weiqi Technology was incorporated on 01 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Weiqi Technology by revenue are Visom Power Solutions Private Limited, Genistra Life Sciences Private Limited, Illusion Agencies Private Limited, Bornfree Healthcare Private Limited, Enlink Trading Co. Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Jerry Leong ceased to be Director on 15 Jan 2020. Jerry Leong was appointed as Director on 01 Nov 2018. Yu Zhang was appointed as Director on 01 Nov 2018.
The registered office of Weiqi Technology is at Third Floor 436158, Delhi, India – 110005.
Weiqi Technology operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Weiqi Technology can be reached at its registered office: Third Floor 436158, Delhi, India – 110005.
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