Financials Jiayin Group Inc.

Equities

JFIN

US47737C1045

Internet Services

Market Closed - Nasdaq 04:30:01 2024-04-26 pm EDT 5-day change 1st Jan Change
6.65 USD +4.56% Intraday chart for Jiayin Group Inc. +4.56% +28.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022
Capitalization 1 1,978 1,075 755 846.2
Enterprise Value (EV) 1 1,822 966.2 607.7 582.6
P/E ratio 3.65 x 4.25 x 1.6 x 0.72 x
Yield - - - -
Capitalization / Revenue 0.89 x 0.83 x 0.42 x 0.26 x
EV / Revenue 0.82 x 0.74 x 0.34 x 0.18 x
EV / EBITDA 3.3 x 2.97 x 1.36 x 0.49 x
EV / FCF 4.34 x 2.57 x 5.03 x -1.31 x
FCF Yield 23.1% 38.9% 19.9% -76.2%
Price to Book -2.67 x -2.33 x 27.1 x 0.68 x
Nbr of stocks (in thousands) 54,025 54,025 54,025 53,341
Reference price 2 36.62 19.90 13.97 15.86
Announcement Date 4/30/20 4/30/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,654 2,882 2,230 1,300 1,780 3,271
EBITDA 1 267 1,164 552.4 325.3 447.6 1,192
EBIT 1 262.9 1,153 534.7 302.1 432 1,182
Operating Margin 15.9% 40.01% 23.97% 23.24% 24.26% 36.13%
Earnings before Tax (EBT) 1 235 705.7 564.2 358.9 593.5 1,336
Net income 1 194.3 611.8 527.7 252.9 472.1 1,180
Net margin 11.75% 21.23% 23.66% 19.45% 26.51% 36.06%
EPS 2 3.885 12.24 10.03 4.680 8.720 21.92
Free Cash Flow 1 981.9 1,968 420.1 376.3 120.7 -443.8
FCF margin 59.38% 68.28% 18.84% 28.94% 6.78% -13.57%
FCF Conversion (EBITDA) 367.77% 169.03% 76.06% 115.7% 26.97% -
FCF Conversion (Net income) 505.46% 321.68% 79.61% 148.81% 25.57% -
Dividend per Share - - - - - -
Announcement Date 7/30/18 3/26/19 4/30/20 4/30/21 4/29/22 4/28/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q2 2021 Q3 2021 Q4 2022 Q1
Net sales 1 492.2 577 368.2 511.2
EBITDA - - - -
EBIT 1 149.6 153.8 14.73 182.5
Operating Margin 30.4% 26.66% 4% 35.7%
Earnings before Tax (EBT) - - - -
Net income 126.8 - - -
Net margin 25.77% - - -
EPS 0.0911 - - -
Dividend per Share - - - -
Announcement Date 8/25/21 11/24/21 3/31/22 6/8/22
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - 29 - - - -
Net Cash position 1 606 - 156 109 147 264
Leverage (Debt/EBITDA) - 0.0249 x - - - -
Free Cash Flow 1 982 1,968 420 376 121 -444
ROE (net income / shareholders' equity) -7.13% -34.1% -44% -41.5% -214% 186%
ROA (Net income/ Total Assets) 8.92% 43.2% 44.5% 30.8% 36.1% 37%
Assets 1 2,178 1,415 1,187 821.3 1,309 3,187
Book Value Per Share - -33.00 -13.70 -8.540 0.5200 23.30
Cash Flow per Share - 0.8300 2.260 2.170 3.380 5.450
Capex 1 21.7 16.9 27.6 0.85 2.77 17.5
Capex / Sales 1.31% 0.59% 1.24% 0.07% 0.16% 0.53%
Announcement Date 7/30/18 3/26/19 4/30/20 4/30/21 4/29/22 4/28/23
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

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