NasdaqGM:HX

Stock Analysis Report

Executive Summary

Hexindai Inc. operates a consumer lending marketplace that facilitates loans in China.

Snowflake

Fundamentals

Exceptional growth potential and undervalued.

Risks

  • Hexindai has significant price volatility in the past 3 months.
  • Hexindai is covered by less than 3 analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

7.7%

NasdaqGM:HX

1.5%

US Consumer Finance

1.3%

US Market


1 Year Return

-78.7%

NasdaqGM:HX

4.0%

US Consumer Finance

2.0%

US Market

HX underperformed the Consumer Finance industry which returned 3.8% over the past year.

HX underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

HXIndustryMarket
7 Day7.7%1.5%1.3%
30 Day-30.6%1.2%3.9%
90 Day-28.8%1.2%3.4%
1 Year-78.7%-78.7%5.8%4.0%4.2%2.0%
3 Yearn/a66.2%58.1%47.2%37.6%
5 Yearn/a41.5%31.1%60.5%42.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Hexindai's share price is below the future cash flow value, and at a moderate discount (> 20%).

Hexindai's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Hexindai is overvalued based on earnings compared to the US Consumer Finance industry average.

Hexindai is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Hexindai is good value based on expected growth next year.


Price Based on Value of Assets

Hexindai is good value based on assets compared to the US Consumer Finance industry average.


Next Steps

Future Growth

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

85.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Hexindai's revenue is expected to grow significantly at over 20% yearly.

Hexindai's earnings are expected to grow significantly at over 20% yearly.

Hexindai's revenue growth is expected to exceed the United States of America market average.

Hexindai's earnings growth is expected to exceed the United States of America market average.

Hexindai's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Hexindai is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).


Next Steps

Past Performance

How has Hexindai performed over the past 5 years?

53.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Hexindai has delivered over 20% year on year earnings growth in the past 5 years.

Hexindai's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Hexindai's 1-year earnings growth is negative, it can't be compared to the US Consumer Finance industry average.


Return on Equity

Hexindai has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Hexindai used its assets less efficiently than the US Consumer Finance industry average last year based on Return on Assets.


Return on Capital Employed

Hexindai's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Hexindai's financial position?


Financial Position Analysis

Hexindai is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Hexindai's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Hexindai's level of debt (15.8%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Hexindai's debt level has increased without past 5-year debt data.

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Hexindai's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 4.9x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Hexindai's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Hexindai's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Hexindai has not reported any payouts.

Unable to verify if Hexindai's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Hexindai 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.


Next Steps

Management

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

0.3yrs

Average management tenure


CEO

Xiaobo An (37yo)

0.3yrs

Tenure

0

Mr. Xiaobo An is Hexindai Inc.’s (“Hexindai”) Founder and has served as its Chairman of the Board of Directors since Hexindai’s inception and a Director since February 2017 and serves as its Chief Executiv ...


Management Age and Tenure

0.3yrs

Average Tenure

37yo

Average Age

The average tenure for the Hexindai management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.9yrs

Average Tenure

47yo

Average Age

The average tenure for the Hexindai board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Xiaobo An (37yo)

    Founder

    • Tenure: 0.3yrs
  • Lili Hua (34yo)

    COO & Director

    • Tenure: 0.3yrs
  • Daisy Wang

    Investor Relation Contact

    • Tenure: 0yrs
  • Chen Zhang (37yo)

    Chief Marketing Officer

    • Tenure: 0.3yrs
  • Weixiong Huang (39yo)

    Chief Risk Officer

    • Tenure: 0.3yrs
  • Kerrie Zhang

    Chief Financial Officer

    • Tenure: 0.08yrs

Board Members

  • David Tang (53yo)

    Independent Non-Executive Director

    • Tenure: 1.9yrs
  • Steven Markscheid (65yo)

    Independent Non-Executive Director

    • Tenure: 1.9yrs
  • Xiaobo An (37yo)

    Founder

    • Tenure: 0.3yrs
  • Lili Hua (34yo)

    COO & Director

    • Tenure: 0.3yrs
  • Dagang Guo (47yo)

    Independent Non-Executive Director

    • Tenure: 1.9yrs

Company Information

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


Key Information

  • Name: Hexindai Inc.
  • Ticker: HX
  • Exchange: NasdaqGM
  • Founded: 2013
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: US$81.899m
  • Shares outstanding: 48.75m
  • Website: https://www.hexindai.com

Number of Employees


Location

  • Hexindai Inc.
  • Block C, Shimao
  • 13th Floor
  • Beijing
  • 100020
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HXNasdaqGM (Nasdaq Global Market)YesADRUSUSDNov 2017

Biography

Hexindai Inc. operates a consumer lending marketplace that facilitates loans in China. It primarily focuses on facilitating medium-sized credit loans. The company provides borrowers a range of products bas ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 00:30
End of Day Share Price2019/09/13 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.