NYSE:JT

Stock Analysis Report

Executive Summary

Jianpu Technology Inc. operates a platform that provides online discovery and recommendation services for financial products in the People’s Republic of China.


Snowflake Analysis

High growth potential with worrying balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-9.7%

JT

-0.9%

US Consumer Finance

5.3%

US Market


1 Year Return

-82.8%

JT

-35.4%

US Consumer Finance

-10.7%

US Market

Return vs Industry: JT underperformed the US Consumer Finance industry which returned -35.4% over the past year.

Return vs Market: JT underperformed the US Market which returned -10.7% over the past year.


Shareholder returns

JTIndustryMarket
7 Day-9.7%-0.9%5.3%
30 Day-27.0%-32.9%-13.6%
90 Day-44.4%-40.7%-19.8%
1 Year-82.8%-82.8%-34.3%-35.4%-8.9%-10.7%
3 Yearn/a-14.0%-18.1%15.5%8.0%
5 Yearn/a-14.3%-20.5%35.2%20.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.88x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: JT is overvalued based on its PB Ratio (0.9x) compared to the US Consumer Finance industry average (0.7x).


Next Steps

Future Growth

How is Jianpu Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

143.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: JT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: JT's is expected to become profitable in the next 3 years.

Revenue vs Market: JT's revenue (43.5% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: JT's revenue (43.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JT's Return on Equity is forecast to be low in 3 years time (3%).


Next Steps

Past Performance

How has Jianpu Technology performed over the past 5 years?

-14.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JT is currently unprofitable.

Growing Profit Margin: JT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JT is unprofitable, and losses have increased over the past 5 years at a rate of -14.4% per year.

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

Earnings vs Industry: JT is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (10%).


Return on Equity

High ROE: JT has a negative Return on Equity (-36.12%), as it is currently unprofitable.


Next Steps

Financial Health

How is Jianpu Technology'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: JT has a low level of unsold assets or inventory.

Debt Coverage by Assets: JT's debt is covered by short term assets (assets are 24x debt).


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: Insufficient data to determine if JT has enough cash runway based on its current free cash flow.

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


Financial Institutions Analysis

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

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

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

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

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

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


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if JT'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 JT'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

David Ye (46yo)

2.5s

Tenure

Mr. Daqing Ye, also known as David, is the Co-Founder of Jianpu Technology Inc. and has been its Chairman and Chief Executive Officer since October 2017. Mr. Ye is the Co-Founder and has been Chief Executi ...


Leadership Team

NamePositionTenureCompensationOwnership
Daqing Ye
Co-Founder2.5yrsno data7.87% CN¥11.2m
Jiayan Lu
Co-Founder2.83yrsno data6.8% CN¥9.7m
Caofeng Liu
Co-Founder2.5yrsno data3.16% CN¥4.5m
Chenchao Zhuang
Co-Founder & Director2.83yrsno data9.69% CN¥13.8m
Yilü Chen
CFO & Director0.92yrno datano data
Yu Zou
Chief Scientist1.58yrsno datano data

2.5yrs

Average Tenure

44yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Daqing Ye
Co-Founder2.5yrsno data7.87% CN¥11.2m
Jiayan Lu
Co-Founder2.83yrsno data6.8% CN¥9.7m
Caofeng Liu
Co-Founder2.5yrsno data3.16% CN¥4.5m
Chenchao Zhuang
Co-Founder & Director2.83yrsno data9.69% CN¥13.8m
Yilü Chen
CFO & Director0.92yrno datano data
Ting Bun Lee
Independent Director2.42yrsno datano data
Xiaoyan Zhang
Independent Director2.17yrsno datano data
Qun Mi
Director2.5yrsno data0.011% CN¥15.9k
Kuang-Yu Liao
Independent Director1.42yrsno datano data

2.5yrs

Average Tenure

45yo

Average Age

Experienced Board: JT's board of directors are not considered experienced ( 2.5 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

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


Key Information

  • Name: Jianpu Technology Inc.
  • Ticker: JT
  • Exchange: NYSE
  • Founded: 2011
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: US$142.022m
  • Shares outstanding: 169.07m
  • Website: https://www.jianpu.ai

Number of Employees


Location

  • Jianpu Technology Inc.
  • Internet Finance Center
  • 21st Floor
  • Beijing
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JTNYSE (New York Stock Exchange)YesADRUSUSDNov 2017

Biography

Jianpu Technology Inc. operates a platform that provides online discovery and recommendation services for financial products in the People’s Republic of China. Its platform allows users to access to financial products, including consumer and other loans, credit cards, and wealth management products. The company recommends loans and credit cards to individual users and assists the financial service providers in targeting users with specific characteristics based on the users’ financial needs and credit profile, as well as the products offerings and risk appetite of the financial service providers. Its platform provides sales and marketing, big data risk management, and integrated solutions primarily to financial service providers. The company operates its platform under the Rong360 brand name. Jianpu Technology Inc. was founded in 2011 and is headquartered in Beijing, China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 03:41
End of Day Share Price2020/03/31 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.