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.

Risk Analysis

Earnings have declined by -55.27% per year over past 5 years

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year



Snowflake Analysis

Overvalued 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

Stable Share Price: YIN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.2%

YIN

1.7%

US Capital Markets

1.5%

US Market


1 Year Return

-8.7%

YIN

19.0%

US Capital Markets

20.1%

US Market

Return vs Industry: YIN underperformed the US Capital Markets industry which returned 19% over the past year.

Return vs Market: YIN underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

YINIndustryMarket
7 Day8.2%1.7%1.5%
30 Day-9.2%0.5%1.4%
90 Day29.5%8.6%8.7%
1 Year-8.7%-8.7%21.4%19.0%22.7%20.1%
3 Year-62.0%-64.9%40.0%32.1%50.1%40.5%
5 Yearn/a83.6%66.5%73.1%54.1%

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?

1.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate YIN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate YIN's fair value to establish if it is undervalued.


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

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 (1.1x) compared to the US Capital Markets industry average (6.7x).


Next Steps

Future Growth

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

8.4%

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

-55.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YIN is currently unprofitable.

Growing Profit Margin: YIN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: YIN is unprofitable, and losses have increased over the past 5 years at a rate of -55.3% 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 (8.4%).


Return on Equity

High ROE: YIN has a negative Return on Equity (-21.08%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: YIN has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if YIN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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

Current dividend yield vs market & industry

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.


Stability and Growth of Payments

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

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average board tenure


CEO

Wenbin Chen (44yo)

5.1yrs

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 Members

NamePositionTenureCompensationOwnership
Wenbin Chen
Co-Founder5.1yrsno data28.01% CN¥121.0m
Ming Yan
Co-Founder & Director5.1yrsno data21.01% CN¥90.8m
Ningfeng Chen
Co-Founder & Director5.1yrsno data21.01% CN¥90.8m
Lijun Lin
Independent Director4.1yrsno datano data
Jue Yao
Independent Director4.1yrsno datano data
Feng Li
Independent Director4.1yrsno datano data
Yonghong Fan
Independent Director1.8yrsno datano data

4.1yrs

Average Tenure

46yo

Average Age

Experienced Board: YIN's board of directors are considered experienced (4.1 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 5.6%.


Top Shareholders

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$431.949m
  • Shares outstanding: 71.40m
  • 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 facilitates the spot commodities trading by individual customers of gold and silver on Shanghai Gold Exchange; and futures commodities trading services to individual customers on silver and other precious metals and commodities on the Shanghai Futures Exchange, Dalian Commodity Exchange, and Zhengzhou Commodity Exchange. It also provides account opening, investor education, market information, research, live discussion boards, and real-time customer support services. In addition, the company offers securities advisory and information platform services, securities brokerage services, and asset management services. Yintech Investment Holdings Limited was founded in 2011 and is headquartered in Shanghai, the People’s Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 01:26
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
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.