OTCPK:INBT

Stock Analysis Report

Executive Summary

Inbit Corp. does not have significant operations.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

INBT

0.4%

US IT

1.8%

US Market


1 Year Return

n/a

INBT

23.2%

US IT

7.3%

US Market


Shareholder returns

INBTIndustryMarket
7 Day0%0.4%1.8%
30 Day0%-0.3%-0.7%
90 Day0%-2.7%0.06%
1 Yearn/a24.4%23.2%9.7%7.3%
3 Yearn/a96.4%88.4%46.3%36.9%
5 Yearn/a152.6%129.5%64.5%46.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate INBT's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate INBT's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: INBT is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate INBT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: INBT has negative assets, so we can't compare its PB Ratio to the US IT industry average.


Next Steps

Future Growth

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

17.9%

Forecasted Software industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if INBT's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if INBT'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: Insufficient data to determine if INBT's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if INBT's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Inbit performed over the past 5 years?

-30.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: INBT is unprofitable, and losses have increased over the past 5 years at a rate of -30% per year.

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

Earnings vs Industry: INBT is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (8.4%).


Return on Equity

High ROE: INBT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: INBT is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: INBT is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Inbit's financial position?


Financial Position Analysis

Short Term Liabilities: INBT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: INBT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: INBT has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: INBT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Information is not available.

Information is not available.


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: INBT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: INBT has less than a year of cash runway if free cash flow continues to reduce at historical rates of -45.5% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.7%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if INBT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if INBT'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 INBT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Chee Tan (50yo)

2.8yrs

Tenure

0

Mr. Tan Chee Hong has been the Chairman, Chief Executive Officer and Secretary at Inbit Corp. since October 2016. Mr. Tan has been an Executive Director of Swiftlet Eco Park Holdings Sdn Bhd since 2009. Si ...


CEO Compensation Analysis

Information is not available.

Compensation vs Earnings: Insufficient data to compare Chee's compensation with company performance.


Management Age and Tenure

2.8yrs

Average Tenure

55yo

Average Age

Experienced Management: INBT's management team is considered experienced (2.8 years average tenure).


Board Age and Tenure

2.8yrs

Average Tenure

55yo

Average Age

Experienced Board: INBT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Yeu Loke (55yo)

    President & Director

    • Tenure: 2.8yrs
  • Chee Tan (50yo)

    Chairman

    • Tenure: 2.8yrs
  • Cheng Choy (58yo)

    CFO, Treasurer & Director

    • Tenure: 2.8yrs

Board Members

  • Yeu Loke (55yo)

    President & Director

    • Tenure: 2.8yrs
  • Chee Tan (50yo)

    Chairman

    • Tenure: 2.8yrs
  • Cheng Choy (58yo)

    CFO, Treasurer & Director

    • Tenure: 2.8yrs
  • Joo Teo (58yo)

    Independent Director

    • Tenure: 2.8yrs
  • Zadey Bin Abdullah Fadzil (41yo)

    Independent Director

    • Tenure: 2.8yrs

Company Information

Inbit Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Inbit Corp.
  • Ticker: INBT
  • Exchange: OTCPK
  • Founded: 2014
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$12.600k
  • Shares outstanding: 126.00m
  • Website: https://inbit-corp.com

Location

  • Inbit Corp.
  • Brem Mall
  • L9-02, Level 9
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 52000
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INBTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 2016

Biography

Inbit Corp. does not have significant operations. Previously, the company was engaged in the provision of computer programming services. The company was founded in 2014 and is based in Kuala Lumpur, Malays ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/06 00:43
End of Day Share Price2019/05/08 00:00
Earnings2019/03/31
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.