NasdaqGM:JG

Stock Analysis Report

Executive Summary

Aurora Mobile Limited provides mobile big data solutions platform in the People’s Republic of China.


Snowflake Analysis

Imperfect balance sheet with limited growth.

Share Price & News

How has Aurora Mobile's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.9%

JG

-2.7%

US Software

-1.1%

US Market


1 Year Return

-66.4%

JG

35.1%

US Software

17.8%

US Market

Return vs Industry: JG underperformed the US Software industry which returned 35.1% over the past year.

Return vs Market: JG underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

JGIndustryMarket
7 Day-1.9%-2.7%-1.1%
30 Day14.0%5.5%1.5%
90 Day9.8%12.6%6.6%
1 Year-66.4%-66.4%36.5%35.1%20.2%17.8%
3 Yearn/a145.5%135.2%47.5%38.1%
5 Yearn/a212.4%190.0%71.2%52.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Aurora Mobile undervalued compared to its fair value and its price relative to the market?

4.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: JG is good value based on its PB Ratio (4.6x) compared to the US Software industry average (5.9x).


Next Steps

Future Growth

How is Aurora Mobile forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

54.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if JG's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if JG's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JG's revenue (54.4% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: JG's revenue (54.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Aurora Mobile performed over the past 5 years?

-6.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: JG is currently unprofitable.

Growing Profit Margin: JG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if JG's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: JG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.4%).


Return on Equity

High ROE: JG has a negative Return on Equity (-17.57%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Aurora Mobile's financial position?


Financial Position Analysis

Short Term Liabilities: JG's short term assets (CN¥701.7M) exceed its short term liabilities (CN¥200.3M).

Long Term Liabilities: JG's short term assets (CN¥701.7M) exceed its long term liabilities (CN¥240.0M).


Debt to Equity History and Analysis

Debt Level: JG's debt to equity ratio (43.4%) is considered high.

Reducing Debt: Insufficient data to determine if JG's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: JG has a low level of unsold assets or inventory.

Debt Coverage by Assets: JG's debt is covered by short term assets (assets are 3x 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 JG has enough cash runway based on its current free cash flow.

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


Next Steps

Dividend

What is Aurora Mobile's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.2%forecastin3Years0%

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if JG'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 JG'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?

1.6yrs

Average board tenure


CEO

Weidong Luo (38yo)

0

Mr. Weidong Luo serves as Co-Founder, Chairman of the Board of Directors and Chief Executive Officer at Aurora Mobile Limited. 


Board Members

NamePositionTenureCompensationOwnership
Weidong Luo
Co-Founder0yrsno data31.59% CN¥109.5m
Tiong Lu Koh
Independent Director1.6yrsno datano data
Yi Kuang
Director0.6yrsno datano data
Kwok Hin Tang
Director5.3yrsno datano data
Si Ngai Yeung
Independent Director1.6yrsno datano data

1.6yrs

Average Tenure

51yo

Average Age

Experienced Board: JG's board of directors are not considered experienced ( 1.6 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 been substantially diluted in the past year, with total shares outstanding growing by 56.3%.


Top Shareholders

Company Information

Aurora Mobile Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aurora Mobile Limited
  • Ticker: JG
  • Exchange: NasdaqGM
  • Founded: 2012
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$346.543m
  • Shares outstanding: 114.75m
  • Website: https://www.jiguang.cn

Number of Employees


Location

  • Aurora Mobile Limited
  • Building No. 7, Zhiheng Industrial Park
  • 3rd Floor
  • Shenzhen
  • Guangdong Province
  • 518052
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JGNasdaqGM (Nasdaq Global Market)YesADSUSUSDJul 2018

Biography

Aurora Mobile Limited provides mobile big data solutions platform in the People’s Republic of China. The company offers targeted marketing, industry insights, financial risk management, and location-based intelligence services. Its developer services provide core in-app functionalities needed by developers, including push notification, instant messaging, analytics, sharing, short message service, verification, and device connection. The company also provides application programming interfaces that create connectivity and automate the process of message exchange between the mobile apps and its backend network. It primarily serves mobile app developers in a range of industries, such as media, entertainment, gaming, financial services, tourism, e-commerce, education and healthcare. The company was founded in 2012 and is headquartered in Shenzhen, 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 Analysis2020/02/24 02:28
End of Day Share Price2020/02/21 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.