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China Youzan

SEHK:8083
Snowflake Description

Mediocre balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8083
SEHK
HK$10B
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

China Youzan Limited, an investment holding company, engages in the trading of watches, computer equipment, and other goods in the People’s Republic of China. The last earnings update was 23 days ago. More info.


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8083 Share Price and Events
7 Day Returns
-7.4%
SEHK:8083
1.4%
HK Electronic
0.5%
HK Market
1 Year Returns
10.5%
SEHK:8083
-27.6%
HK Electronic
-6.1%
HK Market
8083 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Youzan (8083) -7.4% -8.7% 12.5% 10.5% 57.5% 27.3%
HK Electronic 1.4% 4.3% 17.9% -27.6% 24.4% 43.3%
HK Market 0.5% 1.1% 11.2% -6.1% 25.9% 19.4%
1 Year Return vs Industry and Market
  • 8083 outperformed the Electronic industry which returned -27.6% over the past year.
  • 8083 outperformed the Market in Hong Kong which returned -6.1% over the past year.
Price Volatility
8083
Industry
5yr Volatility vs Market

8083 Value

 Is China Youzan 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 China Youzan 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 China Youzan.

SEHK:8083 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year HK Government Bond Rate 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 SEHK:8083
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 25%) (0%))
1.045
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.045 * 6.65%)
8.95%

Discounted Cash Flow Calculation for SEHK:8083 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for China Youzan 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.

SEHK:8083 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 8.95%)
2019 196.00 Analyst x1 179.89
2020 158.00 Analyst x1 133.10
2021 246.00 Analyst x1 190.20
2022 322.55 Est @ 31.12% 228.89
2023 394.74 Est @ 22.38% 257.11
2024 458.96 Est @ 16.27% 274.37
2025 513.98 Est @ 11.99% 282.01
2026 560.20 Est @ 8.99% 282.12
2027 598.83 Est @ 6.9% 276.79
2028 631.34 Est @ 5.43% 267.83
Present value of next 10 years cash flows HK$2,372.31
SEHK:8083 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= HK$631.34 × (1 + 2%) ÷ (8.95% – 2%)
HK$9,265.81
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$9,265.81 ÷ (1 + 8.95%)10
HK$3,930.84
SEHK:8083 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$2,372.31 + HK$3,930.84
HK$6,303.16
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$6,303.16 / 15,151.47
HK$0.42
SEHK:8083 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.42
Current discount Discount to share price of HK$0.63
= -1 x (HK$0.63 - HK$0.42) / HK$0.42
-51.4%

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

  • The current share price of China Youzan is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 China Youzan's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Youzan's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8083 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$-0.04
SEHK:8083 Share Price ** SEHK (2019-04-18) in HKD HK$0.63
Hong Kong Electronic Industry PE Ratio Median Figure of 60 Publicly-Listed Electronic Companies 11.89x
Hong Kong Market PE Ratio Median Figure of 1,474 Publicly-Listed Companies 12x

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

** Primary Listing of China Youzan.

SEHK:8083 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8083 Share Price ÷ EPS (both in HKD)

= 0.63 ÷ -0.04

-14.01x

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

  • China Youzan is loss making, we can't compare its value to the HK Electronic industry average.
  • China Youzan is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does China Youzan's expected growth come at a high price?
Raw Data
SEHK:8083 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
45.7%per year
Hong Kong Electronic Industry PEG Ratio Median Figure of 13 Publicly-Listed Electronic Companies 0.57x
Hong Kong Market PEG Ratio Median Figure of 462 Publicly-Listed Companies 0.86x

*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 China Youzan, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China Youzan's assets?
Raw Data
SEHK:8083 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.28
SEHK:8083 Share Price * SEHK (2019-04-18) in HKD HK$0.63
Hong Kong Electronic Industry PB Ratio Median Figure of 84 Publicly-Listed Electronic Companies 1.19x
Hong Kong Market PB Ratio Median Figure of 2,149 Publicly-Listed Companies 1.03x
SEHK:8083 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8083 Share Price ÷ Book Value per Share (both in HKD)

= 0.63 ÷ 0.28

2.24x

* Primary Listing of China Youzan.

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

  • China Youzan is overvalued based on assets compared to the HK Electronic industry average.
X
Value checks
We assess China Youzan'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. China Youzan has a total score of 0/6, 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.

8083 Future Performance

 How is China Youzan expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
45.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Youzan expected to grow at an attractive rate?
  • Unable to compare China Youzan'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 China Youzan's earnings growth to the Hong Kong market average as it is expected to be loss making during the next 1-3 years.
  • China Youzan's revenue growth is expected to exceed the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:8083 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8083 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 45.7%
SEHK:8083 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 39.2%
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17.5%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*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
SEHK:8083 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8083 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,786 302 -122 1
2020-12-31 2,146 201 -173 1
2019-12-31 1,491 226 -415 1
SEHK:8083 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 684 -1,298 -503
2018-09-30 556 -553
2018-06-30 409 -61 -201
2018-03-31 242 -119
2017-12-31 208 -205 -112
2017-09-30 184 -195
2017-06-30 136 -75 -209
2017-03-31 97 -211
2016-12-31 80 -35 -210
2016-09-30 52 -122
2016-06-30 61 -18 -146
2016-03-31 87 -149

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • China Youzan is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • China Youzan'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
SEHK:8083 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 1 Analyst Estimates (S&P Global) See Below

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

SEHK:8083 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
SEHK:8083 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.05
2018-06-30 -0.03
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -0.03
2016-09-30 -0.02
2016-06-30 -0.02
2016-03-31 -0.02

*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.
  • China Youzan is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess China Youzan'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 Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong 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.
China Youzan 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.

8083 Past Performance

  How has China Youzan 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 China Youzan's growth in the last year to its industry (Electronic).
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.
  • China Youzan does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare China Youzan's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare China Youzan's 1-year growth to the HK Electronic industry average as it is not currently profitable.
Earnings and Revenue History
China Youzan'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 China Youzan Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8083 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 684.46 -503.33 713.20
2018-09-30 555.75 -552.63 802.44
2018-06-30 408.62 -201.38 366.44
2018-03-31 242.33 -119.08 211.61
2017-12-31 207.86 -112.19 162.46
2017-09-30 183.65 -195.04 228.23
2017-06-30 135.74 -208.78 213.81
2017-03-31 96.53 -210.88 192.11
2016-12-31 80.18 -210.13 190.37
2016-09-30 51.84 -122.06 164.14
2016-06-30 60.59 -146.13 190.79
2016-03-31 87.04 -148.54 195.25
2015-12-31 97.07 -132.54 185.55
2015-09-30 118.38 -133.33 144.39
2015-06-30 106.98 -135.61 114.74
2015-03-31 86.25 -122.55 99.79
2014-12-31 81.22 -122.72 96.32
2014-09-30 82.21 -352.25 105.41
2014-06-30 89.99 -305.27 88.71
2014-03-31 121.55 -293.41 86.53
2013-12-31 142.90 -279.35 81.11
2013-09-30 169.79 90.60 49.26
2013-06-30 202.88 90.46 61.57
2013-03-31 202.58 87.84 59.04
2012-12-31 212.81 91.36 57.06
2012-09-30 217.64 270.19 46.83 -6.47
2012-06-30 262.01 283.55 50.16 -5.62

*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 China Youzan has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if China Youzan has efficiently used its assets last year compared to the HK Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if China Youzan 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 China Youzan'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 Electronic 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.
China Youzan 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.

8083 Health

 How is China Youzan'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 China Youzan's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Youzan's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • China Youzan's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China Youzan'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.
  • China Youzan has no debt, it does not need to be covered by short term assets.
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 China Youzan Company Filings, last reported 3 months ago.

SEHK:8083 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,423.02 0.00 501.98
2018-09-30 5,017.68 0.00 1,778.30
2018-06-30 5,017.68 0.00 1,778.30
2018-03-31 1,232.54 0.00 325.10
2017-12-31 1,232.54 0.00 325.10
2017-09-30
2017-06-30 1,254.41 0.00 503.24
2017-03-31 858.33 0.00 193.80
2016-12-31 858.33 0.00 193.80
2016-09-30
2016-06-30 1,078.02 1.35 213.98
2016-03-31 1,072.32 1.78 241.82
2015-12-31 1,072.32 1.78 241.82
2015-09-30
2015-06-30 1,028.73 0.00 146.10
2015-03-31 1,028.32 1.30 166.02
2014-12-31 1,028.32 1.30 166.02
2014-09-30
2014-06-30 969.24 58.86 187.15
2014-03-31 823.99 95.85 112.98
2013-12-31 823.99 95.85 112.98
2013-09-30
2013-06-30 1,060.54 82.46 76.27
2013-03-31 1,061.75 73.41 149.22
2012-12-31 1,061.75 73.41 149.22
2012-09-30
2012-06-30 1,100.47 9.75 95.12
  • China Youzan has no debt.
  • China Youzan has no debt compared to 5 years ago when it was 11.6%.
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.

  • China Youzan has less than a year of cash runway based on current free cash flow.
  • China Youzan has less than a year of cash runway if free cash flow continues to grow at historical rates of 108.5% each year.
X
Financial health checks
We assess China Youzan'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. China Youzan has a total score of 3/6, 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.

8083 Dividends

 What is China Youzan'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 China Youzan dividends.
If you bought HK$2,000 of China Youzan shares you are expected to receive HK$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 China Youzan's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Youzan'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
SEHK:8083 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 1 Analyst Estimates (S&P Global) See Below
Hong Kong Electronic Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 2.5%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 965 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 1.9%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

SEHK:8083 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

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

  • Unable to perform a dividend volatility check as China Youzan has not reported any payouts.
  • Unable to verify if China Youzan's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Youzan's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Youzan has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess China Youzan's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 China Youzan afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Youzan 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.

8083 Management

 What is the CEO of China Youzan'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
Ning Zhu
AGE 35
TENURE AS CEO 0.9 years
CEO Bio

Mr. Ning Zhu is an Executive Director and Chief Executive Officer of China Innovationpay Group Limited since May 4, 2018. Mr. Zhu serves as Co-Owner at Youzan Teamwork Inc. Mr. Zhu is the founder and the chief executive officer of Youzan Group (comprising Qima Holdings Ltd. and its subsidiaries) and is responsible for formulation of the overall development planning and business strategies as well as the daily management of Youzan Group. He is one of the pioneer user experience designers in the People’s Republic of China. Before establishing Youzan Group, Mr. Zhu was a chief product designer of Alipay and a product designer of Baidu and has profound experience in the realm of internet, including but not limited to online payment, e-business, internet communities and online search services. He graduated from Henan Radio & Television University with a bachelor degree. He is the executive officer of China Prepay Group Limited (“China Prepay”), an indirect wholly-owned subsidiary of the Company.

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

Average tenure and age of the China Youzan management team in years:

0.9
Average Tenure
36
Average Age
  • The average tenure for the China Youzan management team is less than 2 years, this suggests a new team.
Management Team

Guisen Guan

TITLE
Chairman & Compliance Officer
COMPENSATION
HK$2M
AGE
54
TENURE
8 yrs

Chunmeng Cao

TITLE
Executive Director & President
COMPENSATION
HK$6M
AGE
46
TENURE
0.9 yrs

Xiaotian Yan

TITLE
Chief Investment Officer & Executive Director
COMPENSATION
HK$5M
AGE
59
TENURE
4.3 yrs

Ning Zhu

TITLE
CEO & Executive Director
AGE
35
TENURE
0.9 yrs

Tao Yu

TITLE
CFO & Executive Director
AGE
30
TENURE
0.9 yrs

Fang Huan

TITLE
Chief Operating Officer

Yusong Cui

TITLE
Chief Technology Officer & Executive Director
AGE
31
TENURE
0.9 yrs

Yu Guan

TITLE
Chief Marketing Officer

Hangyan Ying

TITLE
Chief Service Officer & Executive Director
AGE
36
TENURE
0.9 yrs

Yahong Guo

TITLE
Chief Talent Officer
Board of Directors Tenure

Average tenure and age of the China Youzan board of directors in years:

3.8
Average Tenure
50
Average Age
  • The tenure for the China Youzan board of directors is about average.
Board of Directors

Guisen Guan

TITLE
Chairman & Compliance Officer
COMPENSATION
HK$2M
AGE
54

Chunmeng Cao

TITLE
Executive Director & President
COMPENSATION
HK$6M
AGE
46
TENURE
6.8 yrs

Tinghuan Liu

TITLE
Honorable Chairman
AGE
75
TENURE
7.5 yrs

Xiaotian Yan

TITLE
Chief Investment Officer & Executive Director
COMPENSATION
HK$5M
AGE
59
TENURE
4.3 yrs

Ning Zhu

TITLE
CEO & Executive Director
AGE
35
TENURE
0.9 yrs

Tao Yu

TITLE
CFO & Executive Director
AGE
30
TENURE
0.9 yrs

Yusong Cui

TITLE
Chief Technology Officer & Executive Director
AGE
31
TENURE
0.9 yrs

Hangyan Ying

TITLE
Chief Service Officer & Executive Director
AGE
36
TENURE
0.9 yrs

Chi Wah Fong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$588K
AGE
55
TENURE
5.3 yrs

Bin Xia

TITLE
Chief Economic Consultant & Member of the Strategic Advisory Committee
AGE
67
TENURE
3.8 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 (HK$) Value (HK$)
30. May 18 Sell Guisen Guan Individual 30. May 18 30. May 18 -240,000,000 HK$1.10 HK$-263,999,203
18. May 18 Buy Guisen Guan Individual 18. May 18 18. May 18 30,000,000 HK$0.82 HK$24,600,017
18. May 18 Sell Guisen Guan Individual 16. May 18 16. May 18 -70,000,000 HK$0.70 HK$-48,999,764
X
Management checks
We assess China Youzan'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. China Youzan 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.

8083 News

Simply Wall St News

China Youzan Limited (HKG:8083): What's The Analyst Consensus Outlook?

The latest earnings update China Youzan Limited (HKG:8083) released in December 2018 … company earnings became less negative compared to the previous year's level

Simply Wall St -

Are Insiders Selling China Youzan Limited (HKG:8083) Stock?

So we'll take a look at whether insiders have been buying or selling shares in China Youzan Limited (HKG:8083). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … China Youzan Insider Transactions Over The Last Year.

Simply Wall St -

How China Youzan Limited (HKG:8083) Can Impact Your Portfolio Volatility

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

Simply Wall St -

Have Insiders Been Selling China Youzan Limited (HKG:8083) Shares This Year?

The Last 12 Months Of Insider Transactions At China Youzan. … Over the last year, we can see that the biggest insider sale was by Chairman & Compliance Officer Guisen Guan for HK$264m worth of shares, at about HK$1.10 per share. … Guisen Guan was the only individual insider to sell over the last year

Simply Wall St -

Could The China Youzan Limited (HKG:8083) Ownership Structure Tell Us Something Useful?

A look at the shareholders of China Youzan Limited (HKG:8083) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of HK$6.7b, China Youzan is a decent size, so it is probably on the radar of institutional investors.

Simply Wall St -

How Much Cash Is Left In The Bank For China Youzan Limited (HKG:8083)?

Cash is crucial to run a business, and if a company burns through its reserves fast, it will need to come back to market for additional capital raising. … China Youzan may need to come to market again, but the question is, when? … With a negative operating cash flow of -HK$60.66m, China Youzan is chipping away at its HK$1.78b cash reserves in order to run its business

Simply Wall St -

Should You Be Concerned About China Youzan Limited's (HKG:8083) Investors?

Today, I will be analyzing China Youzan Limited’s (HKG:8083) recent ownership structure, an important but not-so-popular subject among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

Simply Wall St -

8083 Company Info

Description

China Youzan Limited, an investment holding company, engages in the trading of watches, computer equipment, and other goods in the People’s Republic of China. It operates through three segments: General Trading, Third Party Payment Services, and Onecomm. The company also provides third party payment and related consultancy services; and third party payment management services, as well as sells integrated smart point of sales devices. In addition, it offers information system maintenance and development services; and prepaid card and related customer services, as well as distributes prepaid phone cards. The company was formerly known as China Innovationpay Group Limited and changed its name to China Youzan Limited in May 2018. China Youzan Limited was incorporated in 1999 and is headquartered in Central, Hong Kong.

Details
Name: China Youzan Limited
8083
Exchange: SEHK
Founded: 1999
HK$9,545,424,836
15,151,467,995
Website: http://www.chinayouzan.com
Address: China Youzan Limited
The Center,
Unit 2708, 27th Floor,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8083 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 19. Apr 2000
Number of employees
Current staff
Staff numbers
2,206
China Youzan employees.
Industry
Technology Distributors
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 12:38
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/09
Last earnings filing: 2019/03/27
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.