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Future FinTech Group

Nasdaq:FTFT
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FTFT
Nasdaq
$36M
Market Cap
  1. Home
  2. US
  3. Food, Beverage & Tobacco
Company description

Future FinTech Group Inc., through its subsidiaries, produces and sells fruit juice concentrates, fruit beverages, and other fruit-related products in the People’s Republic of China. The last earnings update was 213 days ago. More info.


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  • Future FinTech Group has significant price volatility in the past 3 months.
FTFT Share Price and Events
7 Day Returns
-1.7%
NasdaqCM:FTFT
-0.1%
US Food
1.2%
US Market
1 Year Returns
-45.3%
NasdaqCM:FTFT
-0.4%
US Food
2.3%
US Market
FTFT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Future FinTech Group (FTFT) -1.7% -26.1% 38.1% -45.3% -52.3% -89.3%
US Food -0.1% 1.2% 7.2% -0.4% -12.7% 22.7%
US Market 1.2% 2% 2% 2.3% 37.9% 39.8%
1 Year Return vs Industry and Market
  • FTFT underperformed the Food industry which returned -0.4% over the past year.
  • FTFT underperformed the Market in United States of America which returned 2.3% over the past year.
Price Volatility
FTFT
Industry
5yr Volatility vs Market

FTFT Value

 Is Future FinTech Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Future FinTech Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Future FinTech Group.

NasdaqCM:FTFT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:FTFT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Food Unlevered Beta Simply Wall St/ S&P Global 0.55
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.545 (1 + (1- 25%) (121.14%))
1.027
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.027 * 5.96%)
8.85%

Discounted Cash Flow Calculation for NasdaqCM:FTFT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Future FinTech Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqCM:FTFT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.85%)
2019 11.70 Est @ -42.58% 10.75
2020 8.31 Est @ -28.99% 7.01
2021 6.69 Est @ -19.47% 5.19
2022 5.83 Est @ -12.81% 4.15
2023 5.36 Est @ -8.15% 3.51
2024 5.10 Est @ -4.88% 3.06
2025 4.96 Est @ -2.6% 2.74
2026 4.91 Est @ -1% 2.49
2027 4.92 Est @ 0.12% 2.29
2028 4.96 Est @ 0.9% 2.13
Present value of next 10 years cash flows $43.32
NasdaqCM:FTFT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $4.96 × (1 + 2.73%) ÷ (8.85% – 2.73%)
$83.29
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $83.29 ÷ (1 + 8.85%)10
$35.66
NasdaqCM:FTFT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $43.32 + $35.66
$78.99
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $78.99 / 31.02
$2.55
NasdaqCM:FTFT Discount to Share Price
Calculation Result
Value per share (USD) From above. $2.55
Current discount Discount to share price of $1.16
= -1 x ($1.16 - $2.55) / $2.55
54.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Future FinTech Group is available for.
Intrinsic value
>50%
Share price is $1.16 vs Future cash flow value of $2.55
Current Discount Checks
For Future FinTech Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Future FinTech Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Future FinTech Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Future FinTech Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Future FinTech Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:FTFT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-6.36
NasdaqCM:FTFT Share Price ** NasdaqCM (2019-06-19) in USD $1.16
United States of America Food Industry PE Ratio Median Figure of 43 Publicly-Listed Food Companies 24.55x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Future FinTech Group.

NasdaqCM:FTFT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:FTFT Share Price ÷ EPS (both in USD)

= 1.16 ÷ -6.36

-0.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Future FinTech Group is loss making, we can't compare its value to the US Food industry average.
  • Future FinTech Group is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Future FinTech Group's expected growth come at a high price?
Raw Data
NasdaqCM:FTFT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Food Industry PEG Ratio Median Figure of 31 Publicly-Listed Food Companies 1.56x
United States of America Market PEG Ratio Median Figure of 2,128 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Future FinTech Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Future FinTech Group's assets?
Raw Data
NasdaqCM:FTFT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $-0.51
NasdaqCM:FTFT Share Price * NasdaqCM (2019-06-19) in USD $1.16
United States of America Food Industry PB Ratio Median Figure of 70 Publicly-Listed Food Companies 1.94x
United States of America Market PB Ratio Median Figure of 5,246 Publicly-Listed Companies 1.8x
NasdaqCM:FTFT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:FTFT Share Price ÷ Book Value per Share (both in USD)

= 1.16 ÷ -0.51

-2.28x

* Primary Listing of Future FinTech Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Future FinTech Group has negative assets, we can't compare the value of its assets to the US Food industry average.
X
Value checks
We assess Future FinTech Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. Future FinTech Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FTFT Future Performance

 How is Future FinTech Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Future FinTech Group 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.4%
Expected Food industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Future FinTech Group expected to grow at an attractive rate?
  • Unable to compare Future FinTech Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Future FinTech Group's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Future FinTech Group's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:FTFT Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Food Industry Earnings Growth Rate Market Cap Weighted Average 21.4%
United States of America Food Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:FTFT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:FTFT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 2 20 -97
2018-06-30 6 18 -89
2018-03-31 8 24 -88
2017-12-31 10 24 -88
2017-09-30 18 -67 -14
2017-06-30 24 -41 -5
2017-03-31 32 -35 -2
2016-12-31 34 -34 -1
2016-09-30 73 100 -1
2016-06-30 73 74 -1
2016-03-31 75 97 0
2015-12-31 86 104 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Future FinTech Group is high growth as no earnings estimate data is available.
  • Unable to determine if Future FinTech Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:FTFT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Future FinTech Group Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:FTFT Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -6.36
2018-06-30 -8.78
2018-03-31 -16.06
2017-12-31 -18.09
2017-09-30 -3.00
2017-06-30 -1.14
2017-03-31 -0.50
2016-12-31 -0.13
2016-09-30 -0.35
2016-06-30 -0.37
2016-03-31 0.11
2015-12-31 0.88

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Future FinTech Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of FTFT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Future FinTech Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Food, Beverage & Tobacco companies here
  3. Future FinTech Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Future FinTech Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Future FinTech Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FTFT Past Performance

  How has Future FinTech Group performed over the past 5 years?

  • Future FinTech Group's last earnings update was 213 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Future FinTech Group's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Future FinTech Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Future FinTech Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Future FinTech Group's 1-year growth to the US Food industry average as it is not currently profitable.
Earnings and Revenue History
Future FinTech Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Future FinTech Group Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:FTFT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 1.94 -97.38 26.57
2018-06-30 6.08 -89.02 11.19
2018-03-31 8.07 -88.06 10.93
2017-12-31 10.46 -87.92 11.14
2017-09-30 18.33 -13.72 10.15
2017-06-30 24.48 -4.92 10.08
2017-03-31 31.93 -2.04 8.45
2016-12-31 34.41 -0.51 6.94
2016-09-30 73.41 -1.32 13.27
2016-06-30 73.37 -1.32 13.60
2016-03-31 75.31 0.38 13.38
2015-12-31 86.44 2.95 15.88
2015-09-30 79.76 5.92 12.48
2015-06-30 104.03 10.91 12.98
2015-03-31 103.85 8.87 13.81
2014-12-31 99.06 7.87 11.83
2014-09-30 89.14 9.77 9.57 0.00
2014-06-30 73.79 8.22 9.25 0.00
2014-03-31 72.16 8.85 9.37 -0.08
2013-12-31 78.99 12.17 9.36 0.02
2013-09-30 94.40 16.21 9.60 0.16
2013-06-30 103.49 18.12 8.67 0.30
2013-03-31 105.97 19.76 7.35 0.53
2012-12-31 102.36 17.79 7.31 0.57
2012-09-30 91.35 13.54 7.96 0.56
2012-06-30 80.23 10.36 8.12 0.57

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Future FinTech Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Future FinTech Group has efficiently used its assets last year compared to the US Food industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Future FinTech Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Future FinTech Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Future FinTech Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FTFT Health

 How is Future FinTech Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Future FinTech Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Future FinTech Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Future FinTech Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Future FinTech Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Future FinTech Group Company Filings, last reported 8 months ago.

NasdaqCM:FTFT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 7.44 43.58 0.32
2018-06-30 25.93 45.31 0.39
2018-03-31 33.21 47.68 3.53
2017-12-31 32.95 45.89 4.59
2017-09-30 164.03 48.14 4.55
2017-06-30 168.65 46.96 4.42
2017-03-31 168.34 46.11 2.46
2016-12-31 170.19 43.86 1.14
2016-09-30 183.58 45.56 2.53
2016-06-30 195.45 47.39 40.74
2016-03-31 213.74 47.99 60.06
2015-12-31 182.96 50.23 50.01
2015-09-30 181.98 60.70 60.08
2015-06-30 189.98 59.22 60.37
2015-03-31 187.01 69.98 39.16
2014-12-31 186.09 62.95 25.13
2014-09-30 181.35 73.06 33.88
2014-06-30 176.62 76.23 79.72
2014-03-31 180.89 43.09 76.04
2013-12-31 181.96 41.48 66.89
2013-09-30 175.48 28.43 87.18
2013-06-30 171.32 21.98 80.31
2013-03-31 168.02 12.50 91.32
2012-12-31 163.45 11.66 77.56
2012-09-30 152.73 11.56 80.87
2012-06-30 147.86 11.59 87.71
  • Future FinTech Group's level of debt (585.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (16.3% vs 585.7% today).
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.

  • Whilst loss making Future FinTech Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Future FinTech Group has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.7% per year.
X
Financial health checks
We assess Future FinTech Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Future FinTech Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FTFT Dividends

 What is Future FinTech Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Future FinTech Group dividends.
If you bought $2,000 of Future FinTech Group shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Future FinTech Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Future FinTech Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:FTFT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Food Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Future FinTech Group has not reported any payouts.
  • Unable to verify if Future FinTech Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Future FinTech Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Future FinTech Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Future FinTech Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Future FinTech Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Future FinTech Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FTFT Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Yongke Xue
COMPENSATION $0
AGE 50
TENURE AS CEO 1.4 years
CEO Bio

Mr. Yongke Xue is a Co-Owner of SkyPeople International Holdings Group Limited. He and has served as the Chief Executive Officer of Future FinTech Group Inc. (the "Company") from February 26, 2008 to February 18, 2013 and again from December 24, 2014 to September 2, 2016. On September 2, 2016, Mr. Yongke Xue, resigned from his position as the Chief Executive Officer and Chairman of the Board of the Company. Mr. Yongke Xue remains as a director of the Board of the Company. Mr. Yongke Xue has served as the director of SkyPeople Juice Group Co., Ltd., a 73.42% indirectly owned operating subsidiary of the Company (“SkyPeople China”) since December 2005. Mr. Yongke Xue served as the general manager of Hede from December 2005 to June 2007. Prior to that, he served as the business director of the investment banking division of Hualong Securities Co., Ltd. from April 2001 to December 2005. Mr. Yongke Xue graduated from Xi’an Jiaotong University with an MBA in 2000. Mr. Xue graduated with a Bachelor’s degree in Metal Material & Heat Treatment from National University of Defense Technology in July 1989.

CEO Compensation
  • Insufficient data for Yongke to compare compensation growth.
  • Yongke's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Future FinTech Group management team in years:

1.3
Average Tenure
45.5
Average Age
  • The average tenure for the Future FinTech Group management team is less than 2 years, this suggests a new team.
Management Team

Yongke Xue

TITLE
Chairman & CEO
AGE
50
TENURE
1.4 yrs

Veronica Chen

TITLE
Chief Financial Officer
AGE
52
TENURE
0.1 yrs

Kai Xu

TITLE
Chief Operating Officer
AGE
35
TENURE
0.3 yrs

Zhi Yan

TITLE
CTO & Director
AGE
41
TENURE
1.3 yrs

Youwang Peng

TITLE
Vice President of Marketing
TENURE
1.3 yrs

Crystal Lee

TITLE
Executive Vice President
TENURE
1.3 yrs

Natasha Zhang

TITLE
Corporate Secretary

Zhijing Xu

TITLE
Chief Executive Officer of GlobalKey SharedMall
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the Future FinTech Group board of directors in years:

1.4
Average Tenure
50
Average Age
  • The average tenure for the Future FinTech Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Yongke Xue

TITLE
Chairman & CEO
AGE
50
TENURE
1.4 yrs

Zhi Yan

TITLE
CTO & Director
AGE
41
TENURE
0.7 yrs

Johnson Lau

TITLE
Independent Director
COMPENSATION
$25K
AGE
44
TENURE
4.5 yrs

Fuyou Li

TITLE
Independent Director
COMPENSATION
$9K
AGE
65
TENURE
4.1 yrs

Yiliang Li

TITLE
Independent Director
AGE
55
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Future FinTech Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Future FinTech Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FTFT News

Simply Wall St News

FTFT Company Info

Description

Future FinTech Group Inc., through its subsidiaries, produces and sells fruit juice concentrates, fruit beverages, and other fruit-related products in the People’s Republic of China. It offers fruit juice concentrates, including fruit purees, concentrated fruit purees, and concentrated fruit juices; fruit beverages, such as fruit juice and fruit cider beverages; and other fruit-related products comprising organic and non-organic fresh fruits, dried fruits, preserved fruits, and fructose. The company also provides specialty fruit juices, such as kiwi, mulberry, turnjujube, and pomegranate juice, as well as apple spice, kiwifruit seeds, and fresh kiwifruit; and sells IB-LIVE products online and offline. In addition, it offers business incubation and acceleration services for block chain companies. The company sells its products directly to end-users, as well as hotels, supermarkets, and other outlets; through trade Websites; and indirectly through distributors. Future FinTech Group Inc. also exports its products to Asia, North America, Europe, Russia, and the Middle East. The company was formerly known as SkyPeople Fruit Juice, Inc. and changed its name to Future FinTech Group Inc. in June 2017. Future FinTech Group Inc. is headquartered in Xi’an, the People’s Republic of China.

Details
Name: Future FinTech Group Inc.
FTFT
Exchange: NasdaqCM
Founded:
$35,979,816
31,017,083
Website: http://www.ftft.top
Address: Future FinTech Group Inc.
China Development Bank Tower,
16th Floor,
Xi'an,
Shaanxi Province, 710075,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM FTFT Common Stock Nasdaq Capital Market US USD 27. Feb 2008
DB P9F1 Common Stock Deutsche Boerse AG DE EUR 27. Feb 2008
Number of employees
Current staff
Staff numbers
207
Future FinTech Group employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/20 00:13
End of day share price update: 2019/06/19 00:00
Last earnings filing: 2018/11/19
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.