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BEST

NYSE:BEST
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BEST
NYSE
$2B
Market Cap
  1. Home
  2. US
  3. Transportation
Company description

BEST Inc. operates as a smart supply chain service provider in the People's Republic of China. The last earnings update was 11 days ago. More info.


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BEST Share Price and Events
7 Day Returns
2.7%
NYSE:BEST
0.4%
US Logistics
-0.3%
US Market
1 Year Returns
-48.3%
NYSE:BEST
-4.3%
US Logistics
7%
US Market
BEST Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BEST (BEST) 2.7% 25.4% 19.6% -48.3% - -
US Logistics 0.4% 7.3% 11% -4.3% 17.5% 34.9%
US Market -0.3% 2% 8.5% 7% 37.7% 46.8%
1 Year Return vs Industry and Market
  • BEST underperformed the Logistics industry which returned -4.3% over the past year.
  • BEST underperformed the Market in United States of America which returned 7% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for BEST's competitors could be found in our database.

BEST Value

 Is BEST 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 BEST 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 BEST.

NYSE:BEST Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.2%
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 NYSE:BEST
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Logistics Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.038 (1 + (1- 25%) (11.5%))
1.086
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.086 * 5.96%)
9.2%

Discounted Cash Flow Calculation for NYSE:BEST using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for BEST 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.

NYSE:BEST DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 9.2%)
2019 705.70 Analyst x2 646.24
2020 1,374.50 Analyst x2 1,152.64
2021 2,560.00 Analyst x2 1,965.92
2022 3,797.00 Analyst x1 2,670.19
2023 4,863.18 Est @ 28.08% 3,131.82
2024 5,858.90 Est @ 20.47% 3,455.16
2025 6,746.59 Est @ 15.15% 3,643.44
2026 7,517.38 Est @ 11.42% 3,717.66
2027 8,180.15 Est @ 8.82% 3,704.58
2028 8,751.98 Est @ 6.99% 3,629.61
Present value of next 10 years cash flows CN¥27,717.25
NYSE:BEST DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CN¥8,751.98 × (1 + 2.73%) ÷ (9.2% – 2.73%)
CN¥138,951.97
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥138,951.97 ÷ (1 + 9.2%)10
CN¥57,625.92
NYSE:BEST Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥27,717.25 + CN¥57,625.92
CN¥85,343.17
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥85,343.17 / 387.40
CN¥220.3
NYSE:BEST Discount to Share Price
Calculation Result
Exchange Rate CNY/USD
(Reporting currency to currency of NYSE:BEST)
0.149
Value per Share
(USD)
= Value per Share in CNY x Exchange Rate (CNY/USD)
= CN¥220.3 x 0.149
$32.84
Value per share (USD) From above. $32.84
Current discount Discount to share price of $5.98
= -1 x ($5.98 - $32.84) / $32.84
81.8%

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

Current Discount
Amount off the current price BEST is available for.
Intrinsic value
>50%
Share price is $5.98 vs Future cash flow value of $32.84
Current Discount Checks
For BEST to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • BEST's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • BEST'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 BEST's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BEST's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:BEST PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-1.32
NYSE:BEST Share Price ** NYSE (2019-04-18) in USD $5.98
NYSE:BEST Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.708 CN¥40.12
United States of America Logistics Industry PE Ratio Median Figure of 14 Publicly-Listed Logistics Companies 20.73x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.18x

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

** Primary Listing of BEST.

NYSE:BEST PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:BEST Share Price ÷ EPS (both in CNY)

= 40.12 ÷ -1.32

-30.36x

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

  • BEST is loss making, we can't compare its value to the US Logistics industry average.
  • BEST 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 BEST's expected growth come at a high price?
Raw Data
NYSE:BEST PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -30.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
62.1%per year
United States of America Logistics Industry PEG Ratio Median Figure of 12 Publicly-Listed Logistics Companies 1.68x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*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 BEST, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on BEST's assets?
Raw Data
NYSE:BEST PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥10.54
NYSE:BEST Share Price * NYSE (2019-04-18) in USD $5.98
NYSE:BEST Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.708 CN¥40.12
United States of America Logistics Industry PB Ratio Median Figure of 16 Publicly-Listed Logistics Companies 2.95x
United States of America Market PB Ratio Median Figure of 5,184 Publicly-Listed Companies 1.91x
NYSE:BEST PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:BEST Share Price ÷ Book Value per Share (both in CNY)

= 40.12 ÷ 10.54

3.81x

* Primary Listing of BEST.

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

  • BEST is overvalued based on assets compared to the US Logistics industry average.
X
Value checks
We assess BEST'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 Logistics 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 Logistics industry average (and greater than 0)? (1 check)
  5. BEST 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.

BEST Future Performance

 How is BEST expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

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
62.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BEST expected to grow at an attractive rate?
  • BEST's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • BEST's earnings growth is expected to exceed the United States of America market average.
  • BEST's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:BEST Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:BEST Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 62.1%
NYSE:BEST Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 18.5%
United States of America Logistics Industry Earnings Growth Rate Market Cap Weighted Average 11.6%
United States of America Logistics Industry Revenue Growth Rate Market Cap Weighted Average 6.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*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
NYSE:BEST Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:BEST Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 64,459 6,231 2,914 1
2021-12-31 52,692 4,006 1,890 5
2020-12-31 44,454 2,583 1,218 11
2019-12-31 36,891 1,679 186 8
NYSE:BEST Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 27,961 637 -508
2018-09-30 25,456 -10 -621
2018-06-30 23,622 -63 -1,037
2018-03-31 21,745 -193 -1,145
2017-12-31 19,990 26 -1,228
2017-09-30 16,543 -56 -5,745
2017-06-30 13,478 -197 -5,599
2017-03-31 10,615 -768 -2,829
2016-12-31 8,844 -623 -5,610

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BEST's earnings are expected to grow significantly at over 20% yearly.
  • BEST's revenue is expected to grow by 18.5% yearly, however this is not considered high growth (20% yearly).
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
NYSE:BEST Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from BEST Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:BEST Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 7.78 7.78 7.78 1.00
2021-12-31 4.90 5.34 4.40 3.00
2020-12-31 3.25 3.97 2.47 6.00
2019-12-31 0.29 0.56 0.08 3.00
NYSE:BEST Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -1.32
2018-09-30 -1.60
2018-06-30 -3.35
2018-03-31 -2.96
2017-12-31 -8.28
2017-09-30 -15.37
2017-06-30 -93.32
2017-03-31 -47.15
2016-12-31 -93.51

*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.
  • BEST is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess BEST'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.
BEST has a total score of 5/6, 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.

BEST Past Performance

  How has BEST performed over the past 5 years?

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 BEST's growth in the last year to its industry (Logistics).
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.
  • BEST does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare BEST's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare BEST's 1-year growth to the US Logistics industry average as it is not currently profitable.
Earnings and Revenue History
BEST'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 BEST Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:BEST Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 27,960.98 -507.99 1,914.53 184.58
2018-09-30 25,456.40 -621.24 1,821.66 155.39
2018-06-30 23,621.51 -1,036.67 1,940.67 168.63
2018-03-31 21,745.12 -1,144.75 1,784.81 144.14
2017-12-31 19,989.56 -1,227.89 1,623.04 139.01
2017-09-30 16,543.16 -5,745.49 1,466.83 134.17
2017-06-30 13,478.16 -5,599.39 1,112.55 98.76
2017-03-31 10,614.54 -2,829.05 980.36 89.49
2016-12-31 8,844.14 -5,610.33 891.25 80.33
2015-12-31 5,256.33 -5,352.41 533.14 46.18
2014-12-31 3,065.79 -1,291.54 365.10 26.65

*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 BEST has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if BEST has efficiently used its assets last year compared to the US Logistics industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if BEST 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 BEST'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 Logistics 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.
BEST 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.

BEST Health

 How is BEST'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 BEST's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • BEST's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • BEST's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of BEST'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 covered by short term assets, assets are 4.4x 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 BEST Company Filings, last reported 3 months ago.

NYSE:BEST Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,140.16 1,786.50 2,637.77
2018-09-30 4,137.00 1,458.62 2,693.16
2018-06-30 4,056.61 1,302.92 2,967.58
2018-03-31 3,957.48 1,636.57 3,536.94
2017-12-31 4,392.50 1,225.44 3,594.09
2017-09-30 4,268.74 918.39 4,730.94
2017-06-30 1,746.34 1,077.82 2,213.49
2017-03-31 1,989.96 1,041.80 2,547.73
2016-12-31 2,431.22 478.75 2,989.58
2015-12-31 -441.54 340.89 291.06
2014-12-31
  • BEST's level of debt (43.2%) compared to net worth is high (greater than 40%).
  • Unable to establish if BEST's debt level has increased without past 5-year debt data.
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.

  • BEST has sufficient cash runway for 1.3 years based on current free cash flow.
  • BEST has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 23% each year.
X
Financial health checks
We assess BEST'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. BEST 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.

BEST Dividends

 What is BEST'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 BEST dividends. Estimated to be 0% next year.
If you bought $2,000 of BEST 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 BEST's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate BEST'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
NYSE:BEST 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 11 Analyst Estimates (S&P Global) See Below
United States of America Logistics Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 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 3.6%

Industry and Market average data is calculated daily.

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

NYSE:BEST Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.00 2.00
2020-12-31 0.00 4.00
2019-12-31 0.00 4.00

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

  • Unable to perform a dividend volatility check as BEST has not reported any payouts.
  • Unable to verify if BEST's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of BEST's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as BEST has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of BEST's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess BEST'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 BEST afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BEST 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.

BEST Management

 What is the CEO of BEST'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
Johnny Chou
AGE 55
TENURE AS CEO 12.3 years
CEO Bio

Mr. Shao-Ning Chou, also known as Johnny has been Chief Executive Officer of BEST Inc. since 2007. Mr. Chou is the Founder of BEST Inc. He served as Chief Executive Officer of BEST Inc. He served as a Global Vice President and Greater China president of Google with responsibility for Google's sales and marketing in Greater China from 2005 to 2006. He served as Chief Operating Officer of China Operations at UTStarcom Holdings Corp. since January 1999. From 1996 to 2005, Mr. Chou served as President of UTStarcom China with responsibility for China operations. Mr. Chou served as Senior Vice President of UTStarcom Holdings Corp. since September 2001 and served as its Executive Vice President. From March 1997 to December 1998, he served as Vice President of China Operations and from February 1996 to March 1997, he served as Vice President of Engineering at UTStarcom Inc. From March 1995 to June 1996, he was Director of Engineering for wireless systems and software with Lucent Technologies Microelectronics IC group. From April 1993 to March 1995, he was a Technical Manager for the Global Wireless product group with AT&T consumer products where he led multiple development teams for handset and wireless personal base station products. From 1986 to 1996, Mr. Chou served as a director of wireless software and system development with AT&T Bell Laboratory. From February 1985 to April 1993, Mr. Chou was team leader and a member of the technical staff for advanced digital communication research in AT&T Bell Laboratories where he led and engaged in data communication equipment and multimedia product development. He has been Chairman of BEST Inc. since 2007 and serves as its Director. Mr. Chou holds a B.S. in Electrical Engineering from City College of New York, an M.S. in Engineering from Princeton University and an M.B.A. from the State University of New Jersey, Rutgers. Mr. Chou studied computer science at Fudan University from 1978 to 1980.

CEO Compensation
  • Insufficient data for Johnny to compare compensation growth.
  • Insufficient data for Johnny to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Johnny Chou

TITLE
Chairman & CEO
AGE
55
TENURE
12.3 yrs

Lei Guo

TITLE
Chief Accounting Officer
AGE
42

George Chow

TITLE
Chief Investment & Strategy Officer and Director
AGE
50
TENURE
2.3 yrs

Jimei Liu

TITLE
Senior Vice President of Human Resources & Administration
AGE
46

Mangli Zhang

TITLE
Senior VP & GM of Supply Chain Management Service Line
AGE
61

Shaohua Zhou

TITLE
Senior VP & GM of Express Service Line
AGE
45

Bo Liu

TITLE
Senior VP & GM of Store Service Line
AGE
46

Jian Zhou

TITLE
Senior VP & GM of Global Service Line
AGE
40

Yanbing Zhang

TITLE
Senior VP of Engineering & GM of Cloud Service Line
AGE
42

Tao Liu

TITLE
Senior VP & GM of freight service line
AGE
41
Board of Directors Tenure

Average tenure and age of the BEST board of directors in years:

1.6
Average Tenure
51
Average Age
  • The average tenure for the BEST board of directors is less than 3 years, this suggests a new board.
Board of Directors

Johnny Chou

TITLE
Chairman & CEO
AGE
55
TENURE
12.3 yrs

George Chow

TITLE
Chief Investment & Strategy Officer and Director
AGE
50
TENURE
1.6 yrs

Mark Qiu

TITLE
Director
AGE
54
TENURE
8.3 yrs

Quan Hao

TITLE
Director
AGE
59
TENURE
1.6 yrs

Justin Chen

TITLE
Director
AGE
44
TENURE
4.3 yrs

Wenbiao Li

TITLE
Director
AGE
51
TENURE
1.6 yrs

Lin Wan

TITLE
Director
AGE
43
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 BEST'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. BEST 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.

BEST News

Simply Wall St News

Those Who Purchased BEST (NYSE:BEST) Shares A Year Ago Have A 48% Loss To Show For It

When a company doesn't make profits, we'd generally expect to see good revenue growth. … Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth. … Unfortunately that wasn't good enough to stop the share price dropping 48%.

Simply Wall St -

BEST Company Info

Description

BEST Inc. operates as a smart supply chain service provider in the People's Republic of China. Its proprietary technology platform enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management. It offers integrated services and solutions across the supply chain, including warehouse management, order fulfillment, express delivery, freight, and other services for multinational and corporate customers, as well as small and medium enterprises. The company also provides express delivery services; and door-to-door integrated cross-border supply chain services to and from China, including international express, less-than-truckload, fulfillment, reverse logistics, and freight forwarding through its network, and transportation and warehouse partners. In addition, it operates real-time bidding platform to source truckload capacity from independent transportation service providers and agents; and offers online merchandise sourcing and store management services for convenience stores, as well as B2C services, such as parcel pick-up and drop-off, and bill payment services. Further, BEST Inc. provides various value-added services, including customized financial services, including fleet and equipment finance leases; and centralized sourcing of products and services, such as bulk procurement of trucks and accessories. The company was founded in 2007 and is headquartered in Hangzhou, the People's Republic of China.

Details
Name: BEST Inc.
BEST
Exchange: NYSE
Founded: 2007
$2,316,652,000
387,400,000
Website: http://www.best-inc.com
Address: BEST Inc.
Huaxing Modern Industry Park,
2nd Floor, Block A,
Hangzhou,
Zhejiang Province, 310013,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE BEST SPONSORED ADS New York Stock Exchange US USD 20. Sep 2017
Number of employees
Current staff
Staff numbers
8,325
BEST employees.
Industry
Air Freight and Logistics
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 00:42
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/04/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.