NasdaqGM:PUYI

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

Overvalued with poor track record.

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.0%

PUYI

2.4%

US Capital Markets

1.7%

US Market


1 Year Return

n/a

PUYI

19.0%

US Capital Markets

23.6%

US Market

Return vs Industry: Insufficient data to determine how PUYI performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how PUYI performed against the US Market.


Shareholder returns

PUYIIndustryMarket
7 Day1.0%2.4%1.7%
30 Day8.0%3.9%3.5%
90 Day-3.1%14.2%11.7%
1 Yearn/a21.4%19.0%26.2%23.6%
3 Yearn/a49.1%40.7%53.2%43.3%
5 Yearn/a95.7%77.5%75.5%56.1%

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?

41.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PUYI ($5.61) is trading above our estimate of fair value ($2.86)

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


Price To Earnings Ratio

PE vs Industry: PUYI is poor value based on its PE Ratio (40.9x) compared to the Capital Markets industry average (36.1x).

PE vs Market: PUYI is poor value based on its PE Ratio (40.9x) compared to the US market (18.9x).


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 good value based on its PB Ratio (5.8x) compared to the US Capital Markets industry average (6.6x).


Next Steps

Future Growth

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

7.9%

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?

-17.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PUYI has high quality earnings.

Growing Profit Margin: PUYI's current net profit margins (26.3%) are lower than last year (39%).


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: PUYI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PUYI had negative earnings growth (-17.1%) over the past year, making it difficult to compare to the Capital Markets industry average (20.6%).


Return on Equity

High ROE: PUYI's Return on Equity (12.9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Puyi'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: PUYI has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PUYI's debt is covered by short term assets.


Financial Institutions Analysis

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

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

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

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

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

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate PUYI'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 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

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

1.5yrs

Average management tenure


CEO

Ren Yong (36yo)

0.3yrs

Tenure

0

Mr. Ren Yong is Chief Executive officer at Puyi Inc. since September 23, 2019. Mr. Ren received his bachelor’s degree in accounting from Southwestern University of Finance and Economics in 2005 and his mas ...


Management Age and Tenure

1.5yrs

Average Tenure

38yo

Average Age

Experienced Management: PUYI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Age and Tenure

1.4yrs

Average Tenure

53yo

Average Age

Experienced Board: PUYI's board of directors are not considered experienced ( 1.4 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

Dilution of Shares: PUYI only recently listed within the past 12 months, with total shares outstanding growing by 6.2% in the past year..


Management Team

  • Anlin Hu (38yo)

    VP, CFO & Director

    • Tenure: 1.4yrs
  • Haifeng Yu (45yo)

    Founder & Chairman of the Board

    • Tenure: 10yrs
  • Ren Yong (36yo)

    Chief Executive Officer

    • Tenure: 0.3yrs

Board Members

  • Yinan Hu (53yo)

    Director

    • Tenure: 1.4yrs
  • Luo Jidong (66yo)

    Independent Director

    • Tenure: 0.8yrs
  • Anlin Hu (38yo)

    VP, CFO & Director

    • Tenure: 1.4yrs
  • Haifeng Yu (45yo)

    Founder & Chairman of the Board

    • Tenure: 10yrs
  • Zhang Jianjun (62yo)

    Independent Director

    • Tenure: 0.8yrs

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$341.984m
  • 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 and exchange administered products through online; and privately raised fund products offline through its branch network. It also provides corporate finance services, such as product structure design, introduction of potential investors, and compliance and risk management services to corporate borrowers; asset management services that include managing fund of funds and non-performing loans; factoring services; and information technology services. Puyi Inc. was incorporated in 2018 and is headquartered in Guangzhou, China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/21 01:21
End of Day Share Price2020/01/17 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.