NasdaqGS:YIN

Stock Analysis Report

Executive Summary

Yintech Investment Holdings Limited, together with its subsidiaries, provides trading and investment services for online spot and future commodity trading in the People’s Republic of China.

Snowflake

Fundamentals

Fair value with worrying balance sheet.


Similar Companies

Share Price & News

How has Yintech Investment Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.9%

YIN

2.7%

US Capital Markets

1.8%

US Market


1 Year Return

-18.7%

YIN

1.9%

US Capital Markets

7.3%

US Market

Return vs Industry: YIN underperformed the US Capital Markets industry which returned 1.9% over the past year.

Return vs Market: YIN underperformed the US Market which returned 7.3% over the past year.


Shareholder returns

YINIndustryMarket
7 Day-4.9%2.7%1.8%
30 Day-7.4%-4.0%-0.7%
90 Day5.0%-2.5%0.06%
1 Year-18.7%-18.7%4.2%1.9%9.7%7.3%
3 Year-73.0%-75.0%50.9%42.5%46.3%36.9%
5 Yearn/a77.0%60.7%64.5%46.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Yintech Investment Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: YIN ($4.64) is trading below our estimate of fair value ($15.6)

Significantly Undervalued: YIN is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: YIN is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (6.5x).


Next Steps

Future Growth

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

40.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: Insufficient data to determine if YIN's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if YIN's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Yintech Investment Holdings performed over the past 5 years?

-53.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: YIN is unprofitable, and losses have increased over the past 5 years at a rate of -53.4% per year.

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

Earnings vs Industry: YIN is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (31.4%).


Return on Equity

High ROE: YIN has a negative Return on Equity (-27.56%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Yintech Investment Holdings'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: YIN has a low level of unsold assets or inventory.

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


Financial Institutions Analysis

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

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

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

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

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

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


Next Steps

Dividend

What is Yintech Investment Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.7%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

3.8yrs

Average board tenure


CEO

Wenbin Chen (44yo)

4.8yrs

Tenure

0

Mr. Wenbin Chen is a Co-Founder of Yintech Investment Holdings Limited and serves as its Chief Executive Officer and Chairman. Mr. Chen served as the Chief Financial Officer of Yintech Investment Holdings  ...


Board Age and Tenure

3.8yrs

Average Tenure

46yo

Average Age

Experienced Board: YIN's board of directors are considered experienced (3.8 years average tenure).


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

  • Wenbin Chen (44yo)

    Co-Founder

    • Tenure: 4.8yrs
  • Ming Yan (44yo)

    Co-Founder & Director

    • Tenure: 4.8yrs
  • Ningfeng Chen (50yo)

    Co-Founder & Director

    • Tenure: 4.8yrs
  • Linda Bergkamp

    Investor Relations Professional

    • Tenure: 0yrs
  • Yvonne Young

    Investor Relations Director

    • Tenure: 0yrs
  • Raphael Qian

    VP & CFO

    • Tenure: 0.2yrs

Board Members

  • Lijun Lin (46yo)

    Independent Director

    • Tenure: 3.8yrs
  • Jue Yao (46yo)

    Independent Director

    • Tenure: 3.8yrs
  • Feng Li (43yo)

    Independent Director

    • Tenure: 3.8yrs
  • Wenbin Chen (44yo)

    Co-Founder

    • Tenure: 4.8yrs
  • Ming Yan (44yo)

    Co-Founder & Director

    • Tenure: 4.8yrs
  • Ningfeng Chen (50yo)

    Co-Founder & Director

    • Tenure: 4.8yrs
  • Yonghong Fan (52yo)

    Independent Director

    • Tenure: 1.4yrs

Company Information

Yintech Investment Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yintech Investment Holdings Limited
  • Ticker: YIN
  • Exchange: NasdaqGS
  • Founded: 2011
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: US$332.021m
  • Shares outstanding: 71.55m
  • Website: https://www.yintech.net

Number of Employees


Location

  • Yintech Investment Holdings Limited
  • ZhenHua Enterprise Plaza
  • 12th Floor, Block B
  • Shanghai
  • 200125
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YINNasdaqGS (Nasdaq Global Select)YesSPONSORED ADRUSUSDApr 2016

Biography

Yintech Investment Holdings Limited, together with its subsidiaries, provides trading and investment services for online spot and future commodity trading in the People’s Republic of China. The company fac ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:41
End of Day Share Price2019/10/17 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.