NasdaqGS:JOBS

Stock Analysis Report

Executive Summary

51job, Inc., through its subsidiaries, provides integrated human resource services in the People’s Republic of China.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has 51job's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.5%

JOBS

1.1%

US Professional Services

1.8%

US Market


1 Year Return

42.6%

JOBS

18.3%

US Professional Services

7.3%

US Market

Return vs Industry: JOBS exceeded the US Professional Services industry which returned 18.3% over the past year.

Return vs Market: JOBS exceeded the US Market which returned 7.3% over the past year.


Shareholder returns

JOBSIndustryMarket
7 Day4.5%1.1%1.8%
30 Day11.9%-0.8%-0.7%
90 Day3.9%1.0%0.06%
1 Year42.6%42.6%19.4%18.3%9.7%7.3%
3 Year153.6%153.6%50.9%45.6%46.3%36.9%
5 Year173.9%173.9%86.3%76.4%64.5%46.5%

Price Volatility Vs. Market

How volatile is 51job's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is 51job undervalued compared to its fair value and its price relative to the market?

22.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: JOBS ($82.68) is trading above our estimate of fair value ($76.86)

Significantly Undervalued: JOBS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: JOBS is poor value based on its PE Ratio (22.5x) compared to the Professional Services industry average (19.3x).

PE vs Market: JOBS is poor value based on its PE Ratio (22.5x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: JOBS is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: JOBS is overvalued based on its PB Ratio (3.8x) compared to the US Professional Services industry average (2.4x).


Next Steps

Future Growth

How is 51job forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

17.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JOBS's forecast earnings growth (17.8% per year) is above the savings rate (2.7%).

Earnings vs Market: JOBS's earnings (17.8% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: JOBS's earnings are forecast to grow, but not significantly.

Revenue vs Market: JOBS's revenue (18.9% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: JOBS's revenue (18.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if JOBS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has 51job performed over the past 5 years?

15.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JOBS's earnings have grown by 15.5% per year over the past 5 years.

Accelerating Growth: JOBS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: JOBS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Professional Services industry (36.8%).


Return on Equity

High ROE: JOBS's Return on Equity (15.5%) is considered low.


Return on Assets

ROA vs Industry: JOBS has a higher Return on Assets than the Professional Services industry average last year.


Return on Capital Employed

ROCE Improving: JOBS's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is 51job's financial position?


Financial Position Analysis

Short Term Liabilities: JOBS's short term assets (CN¥10.6B) exceeds its short term liabilities (CN¥2.6B)

Long Term Liabilities: JOBS's short term assets (10.6B) exceeds its long term liabilities (293.9M)


Debt to Equity History and Analysis

Debt Level: JOBS is debt free.

Reducing Debt: JOBS has no debt compared to 5 years ago when its debt to equity ratio was 33%.

Debt Coverage: JOBS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: JOBS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: JOBS has a low level of unsold assets or inventory.

Debt Coverage by Assets: JOBS's debt is covered by short term assets (assets are 748278777955886496.926500x debt).


Next Steps

Dividend

What is 51job's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.7%industryaverage1.5%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate JOBS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate JOBS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if JOBS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JOBS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JOBS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of 51job's salary, the management and board of directors tenure and is there insider trading?

6.6yrs

Average board tenure


CEO

Rick Yan (57yo)

19.8yrs

Tenure

0

Mr. Rick Yan is a Co-Founder of 51job Inc. and has been its Chief Executive Officer since 2000 and serves as its President and Secretary. Mr. Yan is responsible for 51job Inc.'s overall strategy and manage ...


Board Age and Tenure

6.6yrs

Average Tenure

54yo

Average Age

Experienced Board: JOBS's board of directors are considered experienced (6.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kathleen Chien (50yo)

    Co-Founder

    • Tenure: 0yrs
  • David Jin (49yo)

    Senior Vice President

    • Tenure: 0yrs
  • Rick Yan (57yo)

    Co-Founder

    • Tenure: 19.8yrs
  • Tao Wang (57yo)

    Vice President

    • Tenure: 0yrs
  • Linda Chien

    Head of Investor Relations and Vice President

    • Tenure: 0yrs
  • Lawrence Chen (51yo)

    Senior Vice President

    • Tenure: 0yrs

Board Members

  • David Chao (52yo)

    Chairman of the Board & Independent Director

    • Tenure: 6.6yrs
  • Rick Yan (57yo)

    Co-Founder

    • Tenure: 19.8yrs
  • Li-Lan Cheng (54yo)

    Independent Director

    • Tenure: 6.6yrs
  • Junichi Arai (53yo)

    Director

    • Tenure: 2.4yrs
  • Eric He (60yo)

    Independent Director

    • Tenure: 5.3yrs

Company Information

51job, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 51job, Inc.
  • Ticker: JOBS
  • Exchange: NasdaqGS
  • Founded: 1998
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: US$5.487b
  • Shares outstanding: 66.36m
  • Website: https://www.51job.com

Number of Employees


Location

  • 51job, Inc.
  • Building 3
  • No. 1387, Zhang Dong Road
  • Shanghai
  • 201203
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JOBSNasdaqGS (Nasdaq Global Select)YesSPON ADS EACH REP 1 ORD SHSUSUSDSep 2004
IWQDB (Deutsche Boerse AG)YesSPON ADS EACH REP 1 ORD SHSDEEURSep 2004
JOBS NBMV (Bolsa Mexicana de Valores)YesSPON ADS EACH REP 1 ORD SHSMXMXNSep 2004
0A2HLSE (London Stock Exchange)YesSPON ADS EACH REP 1 ORD SHSGBUSDSep 2004

Biography

51job, Inc., through its subsidiaries, provides integrated human resource services in the People’s Republic of China. The company offers online recruitment services through its Websites comprising 51job.co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:06
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.