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iQIYI

DB:IQ8
Snowflake Description

Imperfect balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IQ8
DB
$17B
Market Cap
  1. Home
  2. DE
  3. Media
Company description

iQIYI, Inc., together with its subsidiaries, provides online entertainment services under the iQIYI brand in China. The last earnings update was 37 days ago. More info.


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IQ8 Share Price and Events
7 Day Returns
-5.6%
DB:IQ8
0.7%
DE Entertainment
1.8%
DE Market
1 Year Returns
-
DB:IQ8
12.5%
DE Entertainment
-6%
DE Market
IQ8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
iQIYI (IQ8) -5.6% -9.1% - - - -
DE Entertainment 0.7% 5.7% 13.9% 12.5% 35.7% 73.7%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • No trading data on IQ8.
  • No trading data on IQ8.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is iQIYI undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of iQIYI to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for iQIYI.

DB:IQ8 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:IQ8
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.958 (1 + (1- 25%) (8.14%))
1.011
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.011 * 5.96%)
6.25%

Discounted Cash Flow Calculation for DB:IQ8 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for iQIYI is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:IQ8 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 6.25%)
2019 -5,486.00 Analyst x1 -5,163.11
2020 -2,203.75 Analyst x4 -1,951.97
2021 4,669.07 Analyst x3 3,892.22
2022 2,063.00 Analyst x1 1,618.53
2023 5,519.00 Analyst x1 4,075.10
2024 7,722.47 Est @ 39.93% 5,366.48
2025 9,886.00 Est @ 28.02% 6,465.60
2026 11,831.53 Est @ 19.68% 7,282.57
2027 13,469.50 Est @ 13.84% 7,802.81
2028 14,784.03 Est @ 9.76% 8,060.23
Present value of next 10 years cash flows CN¥37,448.46
DB:IQ8 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CN¥14,784.03 × (1 + 0.23%) ÷ (6.25% – 0.23%)
CN¥245,904.43
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥245,904.43 ÷ (1 + 6.25%)10
CN¥134,066.77
DB:IQ8 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥37,448.46 + CN¥134,066.77
CN¥171,515.23
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥171,515.23 / 725.12
CN¥271.61
DB:IQ8 Discount to Share Price
Calculation Result
Exchange Rate CNY/USD
(Reporting currency to currency of NasdaqGS:IQ)
0.149
Value per Share
(USD)
= Value per Share in CNY x Exchange Rate (CNY/USD)
= CN¥236.53 x 0.149
$35.26
Non-primary Listing Adjustment Factor 1 share in DB:IQ8 represents 0.87088x of NasdaqGS:IQ
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87088x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 35.26 x 0.87088
€30.71
Value per share (EUR) From above. €30.71
Current discount Discount to share price of €20.20
= -1 x (€20.20 - €30.71) / €30.71
34.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price iQIYI is available for.
Intrinsic value
34%
Share price is €20.2 vs Future cash flow value of €30.71
Current Discount Checks
For iQIYI to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • iQIYI's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • iQIYI's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for iQIYI's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are iQIYI's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:IQ8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-17.03
NasdaqGS:IQ Share Price ** NasdaqGS (2019-04-18) in USD $23.2
NasdaqGS:IQ Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.708 CN¥155.6
Germany Entertainment Industry PE Ratio Median Figure of 10 Publicly-Listed Entertainment Companies 19.8x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of iQIYI.

DB:IQ8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:IQ Share Price ÷ EPS (both in CNY)

= 155.6 ÷ -17.03

-9.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iQIYI is loss making, we can't compare its value to the DE Entertainment industry average.
  • iQIYI is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does iQIYI's expected growth come at a high price?
Raw Data
DB:IQ8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -9.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
36.3%per year
Europe Entertainment Industry PEG Ratio Median Figure of 30 Publicly-Listed Entertainment Companies 1.67x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for iQIYI, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on iQIYI's assets?
Raw Data
DB:IQ8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥24.87
NasdaqGS:IQ Share Price * NasdaqGS (2019-04-18) in USD $23.2
NasdaqGS:IQ Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.708 CN¥155.6
Germany Entertainment Industry PB Ratio Median Figure of 14 Publicly-Listed Entertainment Companies 1.56x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:IQ8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:IQ Share Price ÷ Book Value per Share (both in CNY)

= 155.6 ÷ 24.87

6.26x

* Primary Listing of iQIYI.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iQIYI is overvalued based on assets compared to the DE Entertainment industry average.
X
Value checks
We assess iQIYI's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Entertainment industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Entertainment industry average (and greater than 0)? (1 check)
  5. iQIYI has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is iQIYI expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
36.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is iQIYI expected to grow at an attractive rate?
  • Unable to compare iQIYI's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare iQIYI's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • iQIYI's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:IQ8 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:IQ8 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 36.3%
DB:IQ8 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 22.2%
Germany Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 23%
Germany Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:IQ8 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:IQ8 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 49,918 13,955 -2,595 7
2020-12-31 41,649 14,114 -5,230 11
2019-12-31 33,317 12,455 -8,862 11
DB:IQ8 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 24,989 2,884 -9,409
2018-09-30 22,779 3,409 9,389
2018-06-30 20,816 825
2018-03-31 18,972 1,258
2017-12-31 17,378 4,012 103
2017-09-30 15,716 4,074 -18,039
2016-12-31 11,237 2,612 -7,949

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • iQIYI is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • iQIYI's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:IQ8 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from iQIYI Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:IQ8 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 -3.00 -0.53 -6.00 4.00
2020-12-31 -7.36 -3.10 -10.09 9.00
2019-12-31 -12.13 -9.96 -13.97 9.00
DB:IQ8 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -17.03
2018-09-30 24.50
2018-06-30 3.88
2018-03-31 25.61
2017-12-31 2.10
2017-09-30 -368.63
2016-12-31 -162.43

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if iQIYI will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess iQIYI's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
iQIYI has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has iQIYI performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare iQIYI's growth in the last year to its industry (Entertainment).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • iQIYI does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare iQIYI's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare iQIYI's 1-year growth to the DE Entertainment industry average as it is not currently profitable.
Earnings and Revenue History
iQIYI's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from iQIYI Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:IQ8 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 24,989.12 -9,408.77 4,167.89 1,994.65
2018-09-30 22,779.21 9,388.94 3,720.39 1,751.41
2018-06-30 20,815.53 825.32 3,205.39 1,535.37
2018-03-31 18,971.62 1,257.73 2,883.08 1,388.26
2017-12-31 17,378.35 102.76 2,674.99 1,269.81
2017-09-30 15,716.05 -18,038.85 2,453.18 1,149.50
2016-12-31 11,237.41 -7,948.76 1,765.82 824.48
2015-12-31 5,318.58 -4,917.50 1,204.46 499.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if iQIYI has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if iQIYI has efficiently used its assets last year compared to the DE Entertainment industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if iQIYI improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess iQIYI's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Entertainment industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
iQIYI has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is iQIYI's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up iQIYI's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • iQIYI is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • iQIYI's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of iQIYI's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from iQIYI Company Filings, last reported 3 months ago.

DB:IQ8 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 18,155.56 9,186.62 10,772.10
2018-09-30 21,497.77 1,456.55 9,675.69
2018-06-30 23,355.47 921.62 13,033.45
2018-03-31 8,530.42 685.75 896.11
2017-12-31 8,282.60 643.37 1,558.96
2017-09-30 -1,231.09 8,585.19 4,541.29
2016-12-31 1,734.49 4,781.89 1,923.78
2015-12-31 4,547.89 1,327.30 1,802.84
  • iQIYI's level of debt (50.6%) compared to net worth is high (greater than 40%).
  • Unable to establish if iQIYI's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Information is not available.
  • Unable to confirm if iQIYI has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess iQIYI's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. iQIYI has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is iQIYI's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from iQIYI dividends. Estimated to be 0% next year.
If you bought €2,000 of iQIYI shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate iQIYI's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate iQIYI's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:IQ8 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
Germany Entertainment Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:IQ8 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 3.00
2020-12-31 0.00 4.00
2019-12-31 0.00 4.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as iQIYI has not reported any payouts.
  • Unable to verify if iQIYI's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of iQIYI's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as iQIYI has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of iQIYI's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess iQIYI's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can iQIYI afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. iQIYI has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of iQIYI's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tim Gong Yu
AGE 49
TENURE AS CEO 9.3 years
CEO Bio

Mr. Tim Gong Yu has been the Founder and Chief Executive Officer of iQiyi.com Inc. at Baidu, Inc. since January 2010. Prior to founding iQIYI, Dr. Gong was the president and chief operating officer of umessage.com, a top mobile internet services solution provider in China. Mr. Yu served as Chief Operational Officer of Sohu.com Limited from February 2007 to January 10, 2009 and served as its Senior Vice President. Mr. Yu joined Sohu in 2003. He served as President and Chief Executive Officer of Focus.cn. He serves as a Director of iQIYI, Inc. Since joining Sohu, he has been in several positions including Vice-President, Senior Vice-President and Chief Operating Officer. Over five years, he made contributions to the development of Focus.cn and its wireless business, Internet content, and the reporting of Beijing 2008 Olympics. Mr. Yu holds Bachelor degree in Automation Engineering from Tsinghua University and Ph.D. in Automation Engineering from Tsinghua University.

CEO Compensation
  • Insufficient data for Tim Gong to compare compensation growth.
  • Insufficient data for Tim Gong to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the iQIYI management team in years:

3.3
Average Tenure
43
Average Age
  • The tenure for the iQIYI management team is about average.
Management Team

Tim Gong Yu

TITLE
Founder
AGE
49
TENURE
9.3 yrs

Xiaodong Wang

TITLE
Chief Financial Officer
AGE
43
TENURE
6.3 yrs

Wenfeng Liu

TITLE
Chief Technology Officer
AGE
40
TENURE
1 yrs

Dahlia Wei

TITLE
Director of Investor Relations

Xiangjun Wang

TITLE
Chief Marketing Officer
AGE
40

Kris Wu

TITLE
Chief Experience Officer
TENURE
1.6 yrs

Xiaohui Wang

TITLE
Chief Content Officer
AGE
49
TENURE
3.3 yrs

Xianghua Yang

TITLE
Senior Vice President
AGE
41

Youqiao Duan

TITLE
Senior Vice President
AGE
48
Board of Directors Tenure

Average tenure and age of the iQIYI board of directors in years:

1.1
Average Tenure
48.5
Average Age
  • The average tenure for the iQIYI board of directors is less than 3 years, this suggests a new board.
Board of Directors

Robin Li

TITLE
Chairman of the Board
AGE
49
TENURE
9.3 yrs

Tim Gong Yu

TITLE
Founder
AGE
49

Sam Sun

TITLE
Independent Director
AGE
45
TENURE
1.1 yrs

Herman Yu

TITLE
Director
AGE
48
TENURE
2.3 yrs

Lu Wang

TITLE
Director
AGE
51
TENURE
1.1 yrs

Chuan Wang

TITLE
Director
AGE
48
TENURE
5.3 yrs

Jane Jie Sun

TITLE
Independent Director
AGE
49
TENURE
0.8 yrs

Haifeng Wang

TITLE
Director
AGE
46
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess iQIYI's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. iQIYI has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

iQIYI, Inc., together with its subsidiaries, provides online entertainment services under the iQIYI brand in China. It operates a platform that provides a collection of Internet video content, including professionally-produced content licensed from professional content providers and self-produced content. The company also provides membership, content distribution, online advertising, live broadcasting, and online gaming and literature services. In addition, it operates iQIYI Mall, an e-commerce platform that offers products, such as VR glasses to users through direct sale and third-party merchants; and a talent agency. The company was formerly known as Qiyi.com, Inc. and changed its name to iQIYI, Inc. in November 2017. iQIYI, Inc. was incorporated in 2009 and is based in Beijing, China. iQIYI, Inc. is a subsidiary of Baidu Holdings Limited.

Details
Name: iQIYI, Inc.
IQ8
Exchange: DB
Founded: 2009
$14,955,528,762
725,116,757
Website: http://www.iqiyi.com
Address: iQIYI, Inc.
iQIYI Innovation Building,
9th Floor,
Beijing,
100080,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS IQ SPON EACH ADS REP 7 ORD SHS CLASS A Nasdaq Global Select US USD 29. Mar 2018
DB IQ8 SPON EACH ADS REP 7 ORD SHS CLASS A Deutsche Boerse AG DE EUR 29. Mar 2018
MUN IQ8 SPON EACH ADS REP 7 ORD SHS CLASS A Boerse Muenchen DE EUR 29. Mar 2018
Number of employees
Current staff
Staff numbers
8,577
iQIYI employees.
Industry
Movies and Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 22:15
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/03/15
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.