NasdaqGM:PUYI

Stock Analysis Report

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Executive Summary

Puyi Inc. provides third-party wealth management services in China. More Details

Risk Analysis

Revenue has declined by 36.2% over the past year



Snowflake Analysis

Flawless balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PUYI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PUYI's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-1.5%

PUYI

-0.7%

US Capital Markets

1.4%

US Market


1 Year Return

9.2%

PUYI

16.0%

US Capital Markets

22.6%

US Market

Return vs Industry: PUYI underperformed the US Capital Markets industry which returned 16.2% over the past year.

Return vs Market: PUYI underperformed the US Market which returned 22.8% over the past year.


Shareholder returns

PUYIIndustryMarket
7 Day-1.5%-0.7%1.4%
30 Day-0.5%7.3%4.9%
90 Day8.9%21.7%14.6%
1 Year9.2%9.2%18.9%16.0%25.4%22.6%
3 Yearn/a30.2%20.2%46.8%37.0%
5 Yearn/a149.4%118.3%132.0%106.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

6.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: PUYI ($6.15) is trading above our estimate of fair value ($1.74)

Significantly Below Fair Value: PUYI is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PUYI is overvalued based on its PB Ratio (6.5x) compared to the US Capital Markets industry average (5.1x).


Next Steps

Future Growth

How is Puyi forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.4%

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 Puyi 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 Puyi performed over the past 5 years?

-161.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PUYI is currently unprofitable.

Growing Profit Margin: PUYI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PUYI's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: PUYI is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (4.9%).


Return on Equity

High ROE: PUYI has a negative Return on Equity (-9.06%), as it is currently unprofitable.


Next Steps

Financial Health

How is Puyi's financial position?


Financial Position Analysis

Short Term Liabilities: PUYI's short term assets (CN¥393.2M) exceed its short term liabilities (CN¥47.5M).

Long Term Liabilities: PUYI's short term assets (CN¥393.2M) exceed its long term liabilities (CN¥14.7M).


Debt to Equity History and Analysis

Debt Level: PUYI is debt free.

Reducing Debt: PUYI has not had any debt for past 5 years.

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

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


Balance Sheet


Next Steps

Dividend

What is Puyi current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if PUYI'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 PUYI'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?

2.5yrs

Average management tenure


CEO

Yong Ren (37 yo)

1.33yrs

Tenure

Mr. Yong Ren is Chief Executive officer at Puyi Inc., since September 23, 2019. Mr. Ren has experience in corporate management. Prior to joining us, Mr. Ren served as the vice president of Fanhua Insurance...


Leadership Team

NamePositionTenureCompensationOwnership
Haifeng Yu
Founder & Chairman of the Board11yrsno data73.4%
CN¥ 272.3m
Yong Ren
Chief Executive Officer1.33yrsno datano data
Anlin Hu
VP, CFO & Director2.42yrsno datano data
Jing He
General Manager of Financial Reporting Departmentno datano datano data

2.5yrs

Average Tenure

39yo

Average Age

Experienced Management: PUYI's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Haifeng Yu
Founder & Chairman of the Board11yrsno data73.4%
CN¥ 272.3m
Anlin Hu
VP, CFO & Director2.42yrsno datano data
Yinan Hu
Director2.42yrsno datano data
Jidong Luo
Independent Director1.83yrsno datano data
Jianjun Zhang
Independent Director1.83yrsno datano data
Lihong Zhai
Independent Director0.83yrno datano data

2.1yrs

Average Tenure

52.5yo

Average Age

Experienced Board: PUYI's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Puyi Inc.
  • Ticker: PUYI
  • Exchange: NasdaqGM
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$370.935m
  • Shares outstanding: 60.31m
  • Website: https://www.puyiwm.com

Number of Employees


Location

  • Puyi Inc.
  • Pearl River Tower
  • 42nd Floor
  • Guangzhou
  • Guangdong Province
  • 510620
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PUYINasdaqGM (Nasdaq Global Market)YesADSUSUSDMar 2019

Biography

Puyi Inc. provides third-party wealth management services in China. The company distributes publicly raised fund products through online; and privately raised fund products offline through its branch netwo...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 23:36
End of Day Share Price2021/01/20 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.