NasdaqGM:CIFS

Stock Analysis Report

China Internet Nationwide Financial Services

Executive Summary

China Internet Nationwide Financial Services Inc.


Snowflake Analysis

Fair value with worrying balance sheet.

Share Price & News

How has China Internet Nationwide Financial Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CIFS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.7%

CIFS

0.4%

US Capital Markets

0.06%

US Market


1 Year Return

-41.8%

CIFS

17.9%

US Capital Markets

19.3%

US Market

Return vs Industry: CIFS underperformed the US Capital Markets industry which returned 17.9% over the past year.

Return vs Market: CIFS underperformed the US Market which returned 19.3% over the past year.


Shareholder returns

CIFSIndustryMarket
7 Day0.7%0.4%0.06%
30 Day-19.9%0.7%1.7%
90 Day-20.8%6.9%9.0%
1 Year-41.8%-41.8%20.2%17.9%21.8%19.3%
3 Yearn/a40.2%32.4%49.5%39.9%
5 Yearn/a84.5%67.4%73.1%54.1%

Price Volatility Vs. Market

How volatile is China Internet Nationwide Financial Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Internet Nationwide Financial Services undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CIFS ($0.74) is trading below our estimate of fair value ($11.37)

Significantly Below Fair Value: CIFS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CIFS is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: CIFS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CIFS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CIFS is good value based on its PB Ratio (1.7x) compared to the US Capital Markets industry average (6.8x).


Next Steps

Future Growth

How is China Internet Nationwide Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Internet Nationwide Financial Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has China Internet Nationwide Financial Services performed over the past 5 years?

-41.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CIFS is currently unprofitable.

Growing Profit Margin: CIFS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CIFS is unprofitable, and losses have increased over the past 5 years at a rate of -41.2% per year.

Accelerating Growth: Unable to compare CIFS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CIFS is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).


Return on Equity

High ROE: CIFS has a negative Return on Equity (-701.24%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is China Internet Nationwide Financial Services's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

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

Debt Coverage by Assets: CIFS's debt is covered by short term assets (assets are 28.8x debt).


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.

Stable Cash Runway: CIFS has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if CIFS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: CIFS's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if CIFS has a sufficient allowance for bad loans.

Low Risk Liabilities: CIFS reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if CIFS has an acceptable proportion of non-loan assets held.

Low Risk Deposits: CIFS has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if CIFS has an appropriate level of bad loans.


Next Steps

Dividend

What is China Internet Nationwide Financial Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if CIFS'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 CIFS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average board tenure


CEO

Jianxin Lin (35yo)

5.4yrs

Tenure

US$104,820

Compensation

Mr. Jianxin Lin is the Founder China Internet Nationwide Financial Services Inc. and has been its Chief Executive Officer since September 16, 2014. Mr. Lin founded Sheng Ying Xin (Beijing) Management Consu ...


Board Members

NamePositionTenureCompensationOwnership
Jianxin Lin
Founder5.4yrsUS$104.82k65.75% $10.8m
Jinchi Xu
COO, CFO & Director5.4yrsUS$297.01kno data
Buting Yang Leong
Independent Director2.3yrsUS$30.00kno data
Sheve Li Tay
Independent Director0.2yrsUS$30.00kno data
Hong Huang
Independent Director0yrsUS$30.00kno data

3.9yrs

Average Tenure

46yo

Average Age

Experienced Board: CIFS's board of directors are considered experienced (3.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Internet Nationwide Financial Services Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Internet Nationwide Financial Services Inc.
  • Ticker: CIFS
  • Exchange: NasdaqGM
  • Founded: 2015
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: US$16.473m
  • Shares outstanding: 22.11m
  • Website: https://www.cifsp.com

Number of Employees


Location

  • China Internet Nationwide Financial Services Inc.
  • World Financial Center
  • 15th Floor
  • Beijing
  • Beijing Province
  • 100020
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CIFSNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDAug 2017
CH1DB (Deutsche Boerse AG)YesCommon StockDEEURAug 2017

Biography

China Internet Nationwide Financial Services Inc. provides financial advisory services to small-to-medium sized enterprises in the People’s Republic of China. The company offers commercial payment advisory services, international corporate financing advisory services, intermediary bank loan advisory services, supply chain financing services, factoring services, and technical services. It also provides financial leasing services and equipment purchase financing to commercial enterprises. China Internet Nationwide Financial Services Inc. was incorporated in 2015 and is headquartered in Beijing, the People’s Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 02:12
End of Day Share Price2020/02/20 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.