Jiayin Group Inc. Sponsored ADR (JFIN) vs Weidai Ltd. Sponsored ADR (WEI)

Jiayin Group Inc. Sponsored ADR and Weidai Ltd. Sponsored ADR are both Credit Services companies. Weidai Ltd. Sponsored ADR is the larger, with a market value of $67.6M against $37.9M — 1.8× the size. Weidai Ltd. Sponsored ADR has negative trailing earnings, so its P/E is not meaningful; Jiayin Group Inc. Sponsored ADR trades at 2.0×. Weidai Ltd. Sponsored ADR grew revenue faster over the last twelve months: −26.6% against −33.0%. Jiayin Group Inc. Sponsored ADR has the higher net margin (6.13% vs −29.5%) and the higher return on invested capital (3.94% vs 0.00%). Across the 19 metrics below, Jiayin Group Inc. Sponsored ADR leads on 11 and Weidai Ltd. Sponsored ADR on 8.

Valuation

Metric JFIN WEI Credit Services median
P/E 1.97 n/m 9.64
P/S 0.13 0.03 0.87
P/B 0.12 0.07 1.16
Price to free cash flow 0.32 0.03 2.99
EV/EBITDA 1.50 n/m 9.58
EV/Sales 0.09 (0.16) 2.32
Earnings yield 50.75% (145.83%) 6.72%
Free cash flow yield 317.10% 3,993.56% 12.33%

Profitability

Metric JFIN WEI Credit Services median
Gross margin 63.40% 0.00% 77.13%
Operating margin 6.28% 0.00% 0.34%
Net margin 6.13% (29.49%) 9.25%
Free cash flow margin 0.00% 0.00% 13.03%
Return on equity 0.00% (36.15%) 8.49%
Return on assets 3.23% (20.21%) 2.29%
Return on invested capital 3.94% 0.00% 4.09%

Growth

Metric JFIN WEI Credit Services median
Revenue growth (TTM) (32.97%) (26.60%) 4.62%
EPS growth (last fiscal year) 54.41% (63.87%) —
Revenue growth, 5-year CAGR 34.89% (16.00%) 9.13%
Net income growth, 5-year CAGR 41.47% 0.00% 0.00%

Health

Metric JFIN WEI Credit Services median
Debt to equity 0.15 0.01 0.68
Current ratio 1.79 2.20 1.55
Net debt to EBITDA 0.11 0.67 0.13

Dividend

Metric JFIN WEI Credit Services median
Dividend yield 15.84% — 3.34%
Payout ratio 0.00 0.00 0.00

Size

Metric JFIN WEI Credit Services median
Market cap 37.86m 67.64m 872.19m

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