Financials 9F Inc.

Equities

JFU

US65442R2085

Investment Management & Fund Operators

Delayed Nasdaq 11:07:31 2024-07-16 am EDT 5-day change 1st Jan Change
1.97 USD -5.20% Intraday chart for 9F Inc. -1.50% -42.57%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 12,956 1,325 2,350 280.3 286.6
Enterprise Value (EV) 1 8,273 -1,598 -396.7 -2,578 -2,161
P/E ratio -5.38 x -0.6 x -6.35 x -0.47 x -2.04 x
Yield - - - - -
Capitalization / Revenue 2.93 x 1.05 x 3.09 x 0.5 x 0.69 x
EV / Revenue 1.87 x -1.27 x -0.52 x -4.59 x -5.24 x
EV / EBITDA -3.56 x 1.27 x 16.6 x 19.9 x 12.3 x
EV / FCF -5.28 x 7.72 x 3.18 x -4.17 x -35.1 x
FCF Yield -18.9% 13% 31.5% -24% -2.85%
Price to Book 2.08 x 0.33 x 0.39 x 0.08 x 0.08 x
Nbr of stocks (in thousands) 9,693 9,760 16,817 11,611 11,773
Reference price 2 1,337 135.7 139.7 24.14 24.34
Announcement Date 6/24/20 5/18/21 5/17/22 5/16/23 5/15/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,556 4,425 1,256 761.5 561.7 412.4
EBITDA 1 2,227 -2,323 -1,258 -23.91 -129.3 -176
EBIT 1 2,208 -2,360 -1,282 -55.45 -150.3 -193.6
Operating Margin 39.74% -53.34% -102.08% -7.28% -26.76% -46.93%
Earnings before Tax (EBT) 1 2,378 -2,328 -1,713 -206.9 -583.3 -132.6
Net income 1 1,982 -2,160 -2,259 -234.9 -594.7 -140.2
Net margin 35.67% -48.8% -179.85% -30.85% -105.89% -33.99%
EPS 2 188.1 -248.7 -227.5 -21.99 -51.00 -11.91
Free Cash Flow 1 1,008 -1,566 -207.1 -124.9 618.1 61.63
FCF margin 18.14% -35.39% -16.49% -16.4% 110.04% 14.94%
FCF Conversion (EBITDA) 45.27% - - - - -
FCF Conversion (Net income) 50.86% - - - - -
Dividend per Share - - - - - -
Announcement Date 4/29/19 6/24/20 5/18/21 5/17/22 5/16/23 5/15/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 6,404 4,683 2,922 2,747 2,858 2,447
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1,008 -1,566 -207 -125 618 61.6
ROE (net income / shareholders' equity) 32.5% -30.8% -42.7% -5.55% -15.1% -3.85%
ROA (Net income/ Total Assets) 17.9% -16.4% -11.2% -0.66% -2.01% -2.9%
Assets 1 11,045 13,167 20,108 35,372 29,636 4,838
Book Value Per Share 2 768.0 644.0 410.0 357.0 311.0 299.0
Cash Flow per Share 2 672.0 480.0 268.0 211.0 207.0 143.0
Capex 1 48.6 56.7 - 7.74 44.8 5.74
Capex / Sales 0.87% 1.28% - 1.02% 7.98% 1.39%
Announcement Date 4/29/19 6/24/20 5/18/21 5/17/22 5/16/23 5/15/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA