Renren
Market Cap
US$151.4m
Last Updated
2021/03/05 00:18 UTC
Data Sources
Company Financials
Executive Summary
Renren Inc. sells used automobiles and related products in the People’s Republic of China. More Details
Snowflake Analysis
Imperfect balance sheet and overvalued.
Similar Companies
Share Price & News
How has Renren's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RENN is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 21% a week.
Volatility Over Time: RENN's weekly volatility has decreased from 28% to 21% over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-28.7%
RENN
-2.6%
US Specialty Retail
-2.4%
US Market
1 Year Return
420.4%
RENN
54.8%
US Specialty Retail
31.2%
US Market
Return vs Industry: RENN exceeded the US Specialty Retail industry which returned 54.8% over the past year.
Return vs Market: RENN exceeded the US Market which returned 31.2% over the past year.
Shareholder returns
| RENN | Industry | Market | |
|---|---|---|---|
| 7 Day | -28.7% | -2.6% | -2.4% |
| 30 Day | -16.1% | -0.1% | -3.0% |
| 90 Day | 15.1% | 10.5% | 3.2% |
| 1 Year | 420.4%420.4% | 55.9%54.8% | 34.1%31.2% |
| 3 Year | 141.1%-77.5% | 91.4%83.7% | 48.1%38.6% |
| 5 Year | 39.1%-87.0% | 87.6%72.7% | 116.5%92.3% |
Long-Term Price Volatility Vs. Market
How volatile is Renren's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
What Type Of Shareholders Make Up Renren Inc.'s (NYSE:RENN) Share Registry?5 months ago | Simply Wall St
Renren (NYSE:RENN) Has Returned Negative 50% To Its Shareholders In The Past Five Years10 months ago | Simply Wall St
Could Renren Inc.'s (NYSE:RENN) Investor Composition Influence The Stock Price?Valuation
Is Renren undervalued compared to its fair value and its price relative to the market?
1.53x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RENN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RENN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RENN is unprofitable, so we can't compare its PE Ratio to the US Specialty Retail industry average.
PE vs Market: RENN 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 RENN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RENN is good value based on its PB Ratio (1.5x) compared to the US Specialty Retail industry average (2.9x).
Next Steps
Future Growth
How is Renren forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
33.0%
Forecasted Retail 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 Renren 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
- Take a look at our analysis of RENN’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.
- Renren competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
Past Performance
How has Renren performed over the past 5 years?
15.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RENN is currently unprofitable.
Growing Profit Margin: RENN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RENN is unprofitable, but has reduced losses over the past 5 years at a rate of 15.7% per year.
Accelerating Growth: Unable to compare RENN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RENN is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (22.7%).
Return on Equity
High ROE: RENN has a negative Return on Equity (-158.05%), as it is currently unprofitable.
Next Steps
Financial Health
How is Renren's financial position?
Financial Position Analysis
Short Term Liabilities: RENN's short term assets ($57.5M) do not cover its short term liabilities ($89.1M).
Long Term Liabilities: RENN's short term assets ($57.5M) exceed its long term liabilities ($3.1M).
Debt to Equity History and Analysis
Debt Level: RENN's debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: RENN's debt to equity ratio has increased from 0.03% to 22.9% over the past 5 years.
Balance Sheet
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 RENN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RENN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Renren current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RENN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RENN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RENN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RENN'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 RENN'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?
2.6yrs
Average management tenure
CEO
Joe Chen (50 yo)
no data
Tenure
Mr. Joseph Chen, also known as Joe, serves as Chairman of the Board at Kaixin Auto Holdings. Mr. Chen is the Founder of Renren Inc. and has been its Chairman and Chief Executive Officer since its inception...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | no data | 25.91% $ 39.2m | |
| COO, Interim VP of Games & Executive Director | 13.17yrs | no data | 2.95% $ 4.5m | |
| Chief Executive Officer | 0.25yr | no data | no data | |
| Acting Chief Financial Officer | 0.75yr | no data | no data | |
| Vice President of Human Resources | 4.42yrs | no data | no data |
2.6yrs
Average Tenure
48.5yo
Average Age
Experienced Management: RENN's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | no data | 25.91% $ 39.2m | |
| COO, Interim VP of Games & Executive Director | 13.17yrs | no data | 2.95% $ 4.5m | |
| Independent Director | 8.83yrs | no data | no data | |
| Independent Director | 6.17yrs | no data | no data | |
| Independent Director | 0.67yr | no data | no data |
7.5yrs
Average Tenure
47yo
Average Age
Experienced Board: RENN's board of directors are considered experienced (7.5 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Renren Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Renren Inc.
- Ticker: RENN
- Exchange: NYSE
- Founded: 2002
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: US$151.383m
- Shares outstanding: 23.58m
- Website: https://www.renren-inc.com
Number of Employees
Location
- Renren Inc.
- 18 Jiuxianqiao Middle Road
- 5th Floor
- Beijing
- 100016
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RENN | NYSE (New York Stock Exchange) | Yes | SPON ADR A NEW | US | USD | May 2011 |
| R2RS | DB (Deutsche Boerse AG) | Yes | SPON ADR A NEW | DE | EUR | May 2011 |
Biography
Renren Inc. sells used automobiles and related products in the People’s Republic of China. The company also arranges financing options for customers through its financial services partners; provides credit...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 00:18 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.