NasdaqGM:HX

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Fair value with limited growth.


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

-23.7%

HX

1.7%

US Consumer Finance

0.07%

US Market


1 Year Return

-85.8%

HX

9.9%

US Consumer Finance

8.9%

US Market

Return vs Industry: HX underperformed the US Consumer Finance industry which returned 9.9% over the past year.

Return vs Market: HX underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

HXIndustryMarket
7 Day-23.7%1.7%0.07%
30 Day-32.5%-1.2%-0.3%
90 Day-51.7%-7.2%-1.6%
1 Year-85.8%-85.8%11.8%9.9%11.3%8.9%
3 Yearn/a55.7%48.2%46.3%36.8%
5 Yearn/a38.4%28.3%62.1%44.3%

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 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: HX ($1.08) is trading below our estimate of fair value ($4.73)

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


Price To Earnings Ratio

PE vs Industry: HX is unprofitable, so we can't compare its PE Ratio to the Consumer Finance industry average.

PE vs Market: HX 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 HX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HX is good value based on its PB Ratio (0.5x) compared to the US Consumer Finance industry average (1.2x).


Next Steps

Future Growth

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

166.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: HX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: HX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: HX's revenue (106.1% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: HX's revenue (106.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Hexindai performed over the past 5 years?

24.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: HX is unprofitable, but has reduced losses over the past 5 years at a rate of 24.9% per year.

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

Earnings vs Industry: HX is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (25.5%).


Return on Equity

High ROE: HX has a negative Return on Equity (-27.33%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: HX is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: HX is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Hexindai'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: HX has a low level of unsold assets or inventory.

Debt Coverage by Assets: HX's debt is covered by short term assets (assets are 2.926110x debt).


Financial Institutions Analysis

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

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

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

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

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

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


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate HX'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 HX's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: HX is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HX'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 Hexindai's salary, the management and board of directors tenure and is there insider trading?

0.4yrs

Average management tenure


CEO

Xiaobo An (37yo)

0.4yrs

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

0.4yrs

Average Tenure

37yo

Average Age

Experienced Management: HX's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Age and Tenure

2.0yrs

Average Tenure

47yo

Average Age

Experienced Board: HX's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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

  • Xiaobo An (37yo)

    Founder

    • Tenure: 0.4yrs
  • Lili Hua (34yo)

    COO & Director

    • Tenure: 0.4yrs
  • Daisy Wang

    Investor Relation Contact

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

    Chief Marketing Officer

    • Tenure: 0.4yrs
  • Weixiong Huang (39yo)

    Chief Risk Officer

    • Tenure: 0.4yrs
  • Kerrie Zhang

    Chief Financial Officer

    • Tenure: 0.2yrs

Board Members

  • David Tang (53yo)

    Independent Non-Executive Director

    • Tenure: 2yrs
  • Steven Markscheid (65yo)

    Independent Non-Executive Director

    • Tenure: 2yrs
  • Xiaobo An (37yo)

    Founder

    • Tenure: 0.4yrs
  • Lili Hua (34yo)

    COO & Director

    • Tenure: 0.4yrs
  • Dagang Guo (47yo)

    Independent Non-Executive Director

    • Tenure: 2yrs

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$52.576m
  • Shares outstanding: 48.68m
  • 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 Analysis2019/10/23 00:44
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
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.