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Jupai Holdings

DB:JP8A
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JP8A
DB
$34M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Jupai Holdings Limited, together with its subsidiaries, provides wealth management products and advisory services to high-net-worth individuals in China. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
  • Jupai Holdings has significant price volatility in the past 3 months.
JP8A Share Price and Events
7 Day Returns
5.6%
DB:JP8A
0.8%
DE Capital Markets
-0.6%
DE Market
1 Year Returns
-74.5%
DB:JP8A
-10.4%
DE Capital Markets
-20.9%
DE Market
JP8A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jupai Holdings (JP8A) 5.6% -21% -28.3% -74.5% - -
DE Capital Markets 0.8% -20.9% -17% -10.4% -26.3% -56.2%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • JP8A underperformed the Capital Markets industry which returned -10.4% over the past year.
  • JP8A underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
JP8A
Industry
5yr Volatility vs Market

Value

 Is Jupai Holdings 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 Jupai Holdings 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 Jupai Holdings.

DB:JP8A Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= CN¥47.63 * 18.3%
CN¥8.73
Book Value of Equity per Share Median Book Value from the past 5 years. CN¥47.63
Discount Rate (Cost of Equity) See below 5.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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 DB:JP8A
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.743 (1 + (1- 25%) (11.73%))
0.872
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.87
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.872 * 6.33%)
5.13%

Discounted Cash Flow Calculation for DB:JP8A using Excess Returns Model Model

The calculations below outline how an intrinsic value for Jupai Holdings is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:JP8A Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (18.3% – 5.13%) * CN¥47.63)
CN¥6.29
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CN¥6.29 / (5.13% - -0.39%)
CN¥114.05
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CN¥47.63 + CN¥114.05
CN¥161.68
DB:JP8A Discount to Share Price
Calculation Result
Exchange Rate CNY/USD
(Reporting currency to currency of NYSE:JP)
0.141
Value per Share
(USD)
= Value per Share in CNY x Exchange Rate (CNY/USD)
= CN¥161.68 x 0.141
$22.8
Non-primary Listing Adjustment Factor 1 share in DB:JP8A represents 0.88726x of NYSE:JP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88726x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 22.80 x 0.88726
€20.23
Value per share (EUR) From above. €20.23
Current discount Discount to share price of €0.91
= -1 x (€0.91 - €20.23) / €20.23
95.5%

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

Current Discount
Amount off the current price Jupai Holdings is available for.
Intrinsic value
>50%
Share price is €0.91 vs Future cash flow value of €20.23
Current Discount Checks
For Jupai Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Jupai Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Jupai Holdings'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 Jupai Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jupai Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:JP8A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥-4.90
NYSE:JP Share Price ** NYSE (2020-04-03) in USD $1.02
NYSE:JP Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.091 CN¥7.23
Germany Capital Markets Industry PE Ratio Median Figure of 17 Publicly-Listed Capital Markets Companies 22.26x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

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

** Primary Listing of Jupai Holdings.

DB:JP8A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 7.23 ÷ -4.90

-1.48x

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

  • Jupai Holdings is loss making, we can't compare its value to the DE Capital Markets industry average.
  • Jupai Holdings is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Jupai Holdings's expected growth come at a high price?
Raw Data
DB:JP8A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.48x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Capital Markets Industry PEG Ratio Median Figure of 7 Publicly-Listed Capital Markets Companies 1.49x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*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 Jupai Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Jupai Holdings's assets?
Raw Data
DB:JP8A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥35.65
NYSE:JP Share Price * NYSE (2020-04-03) in USD $1.02
NYSE:JP Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.091 CN¥7.23
Germany Capital Markets Industry PB Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 1.7x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:JP8A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 7.23 ÷ 35.65

0.2x

* Primary Listing of Jupai Holdings.

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

  • Jupai Holdings is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess Jupai Holdings'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Jupai Holdings has a total score of 3/6, 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.

Future Performance

 How is Jupai Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jupai Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
37%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jupai Holdings expected to grow at an attractive rate?
  • Unable to compare Jupai Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Jupai Holdings's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Jupai Holdings's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:JP8A Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 37%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
DB:JP8A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:JP8A Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:JP8A Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 786 -165
2019-09-30 783 -728
2019-06-30 912 -678
2019-03-31 1,170 -529
2018-12-31 1,322 -68 -388
2018-09-30 1,647 296
2018-06-30 1,778 410
2018-03-31 1,771 435
2017-12-31 1,706 618 409
2017-09-30 1,585 381
2017-06-30 1,464 344
2017-03-31 1,272 272

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Jupai Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Jupai Holdings is high growth as no revenue estimate data is available.
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
DB:JP8A 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 0 Analyst Estimates (S&P Global) See Below

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

DB:JP8A Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:JP8A Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 -4.90
2019-09-30 -21.65
2019-06-30 -20.19
2019-03-31 -15.78
2018-12-31 -11.60
2018-09-30 8.90
2018-06-30 12.41
2018-03-31 13.26
2017-12-31 12.57
2017-09-30 11.77
2017-06-30 10.67
2017-03-31 8.44

*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.
  • Unable to establish if Jupai Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Jupai Holdings is trading at Jupai Holdings'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Jupai Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Jupai Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Jupai Holdings'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Jupai Holdings has a total score of 0/6, 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.

Past Performance

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

DB:JP8A Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 785.95 -164.69 472.30
2019-09-30 783.38 -727.70 551.02
2019-06-30 911.88 -678.10 558.40
2019-03-31 1,169.57 -529.21 544.57
2018-12-31 1,321.74 -387.74 577.95
2018-09-30 1,647.38 296.10 545.81
2018-06-30 1,777.58 410.06 538.29
2018-03-31 1,770.64 434.68 524.47
2017-12-31 1,706.16 409.49 486.22
2017-09-30 1,584.65 381.09 457.28
2017-06-30 1,464.33 344.28 440.42
2017-03-31 1,272.44 271.78 421.10
2016-12-31 1,127.71 207.58 393.26
2016-09-30 1,000.83 151.25 351.67
2016-06-30 869.88 119.79 297.99
2016-03-31 729.03 115.76 237.38
2015-12-31 595.01 120.88 178.87
2015-09-30 457.14 103.62 136.56
2015-06-30 322.96 78.80 102.34
2015-03-31 277.39 27.38 89.82
2014-12-31 237.68 30.41 78.05
2014-09-30 208.13 55.94 66.18
2014-06-30 188.67 48.26 64.96
2014-03-31 161.16 62.27 56.80
2013-12-31 135.79 54.95 49.99

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

Health

 How is Jupai Holdings'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 Jupai Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jupai Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jupai Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jupai Holdings'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.
  • Jupai Holdings has no debt, it does not need to be covered by short term assets.
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 Jupai Holdings Company Filings, last reported 3 months ago.

DB:JP8A Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,198.82 0.00 711.21
2019-09-30 1,237.86 0.00 859.67
2019-06-30 1,281.17 0.00 1,120.00
2019-03-31 1,341.11 0.00 1,067.12
2018-12-31 1,367.15 0.00 1,303.29
2018-09-30 1,981.88 0.00 763.90
2018-06-30 1,955.82 0.00 1,103.67
2018-03-31 1,832.25 0.00 847.44
2017-12-31 1,853.87 0.00 1,550.98
2017-09-30 1,782.22 0.00 1,391.80
2017-06-30 1,658.34 0.00 1,251.52
2017-03-31 1,538.60 0.00 1,239.32
2016-12-31 1,548.27 0.00 1,148.38
2016-09-30 1,457.35 0.00 1,040.47
2016-06-30 1,358.29 0.00 1,013.44
2016-03-31 1,279.80 0.00 990.30
2015-12-31 1,104.27 34.29 867.94
2015-09-30 1,035.60 0.00 760.38
2015-06-30 368.59 0.00 341.11
2015-03-31 322.10 0.00 254.82
2014-12-31 288.88 0.00 261.84
2014-09-30
2014-06-30 242.63 0.00 189.36
2014-03-31 148.23 0.00 64.61
2013-12-31 144.35 0.00 62.92
  • Jupai Holdings has no debt.
  • Jupai Holdings currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Jupai Holdings has no debt, it does not need to be covered by operating cash flow.
  • Jupai Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Jupai Holdings'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. Jupai Holdings has a total score of 6/6, 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.

Dividends

 What is Jupai Holdings'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 Jupai Holdings dividends.
If you bought €2,000 of Jupai Holdings 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 Jupai Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Jupai Holdings'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
DB:JP8A 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 0 Analyst Estimates (S&P Global) See Below
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

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

DB:JP8A Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
DB:JP8A Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2020-03-13 0.000 0.000
2019-11-22 0.000 0.000
2019-08-05 0.000 0.000
2019-06-10 0.000 0.000
2019-04-26 0.000 0.000
2018-04-12 3.764 8.363
2018-03-12 3.761 3.032
2017-05-10 12.480 15.816
2017-04-07 3.425 5.552
2017-02-28 13.681 21.906

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

  • Unable to perform a dividend volatility check as Jupai Holdings has not reported any payouts.
  • Unable to verify if Jupai Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Jupai Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Jupai Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Jupai Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Jupai Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jupai Holdings 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.

Management

 What is the CEO of Jupai Holdings'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
Jianda Ni
AGE 56
TENURE AS CEO 2.9 years
CEO Bio

Mr. Jianda Ni, also known as Jack, has been the Chief Executive Officer of Jupai Holdings Limited since May 8, 2017 and its Chairman of the Board since April 2015. Mr. Ni served as Chief Executive Officer of Jupai Holdings Limited from April 2015 to February 28, 2017. He has more than 20 years’ professional experience in real estate development and general management. He served as an Executive Director of Shanghai Industrial Investment (Holdings) Co. Ltd. He served as the President and Deputy Party Secretary of Shanghai Urban Development (Group) Co., Ltd. He served as Deputy Chief Executive Officer of Shanghai Industrial Holdings Ltd. from March 2008 to February 2, 2015. He served as the President at Shanghai Urban Development (Holdings) Co Ltd. (SUD) and Shanghai Urban Development (Group) Co., Ltd. He served as the President of Shanghai Industrial Urban Development Group Limited until April 27, 2012. He served as General Manager of Shanghai Urban Development (Holdings) Co. Ltd. He served as General Manager of Shanghai Xuhui Real Estate Management Co. Ltd., Deputy General Manager of Shanghai Urban Development (Holdings) Co. Ltd. and General Manager of the Real Estate Department of China Huayuan Group Ltd. from October 1997 to July 1998. He serves as the Chairman of Shanghai Urban Development (Group) Co., Ltd., He served as the Chairman of Shanghai Industrial Urban Development Group Limited from April 24, 2012 to February 2, 2015. Mr. Ni served as a Co-Chairman of the Board of Directors at Jupai Holdings Limited since April 2015. He serves as a Director of Shanghai Urban Development (Group) Co., Ltd. He has been a Director of Shanghai Urban Development (Holdings) Co. Ltd. since July 18, 2007. He served as an Executive Director of Shanghai Industrial Holdings Limited from February 2014 to February 2, 2015 and Shanghai Industrial Urban Development Group Limited since July 5, 2010. He serves as the Chairman of Shanghai Young Entrepreneurs Association and Vice Chairman of Shanghai Real Estate Association. He served as Vice Chairman of Shanghai Youth Federation. He was elected Member of the Shanghai Municipal People's Congress in 2003 and received the honors as one of the 25 Chinese Entrepreneurs with Most Reforming Ideas, among the Top Ten Persons of the Year Elected by the 2006 China International Real Estate and Archi-tech Fair, one of the 2007 Boao Forum Most Influential Persons in China's Real Estate Industry in 20 Years and one of the Top Ten Entrepreneurs in the Shanghai Real Estate Sector in 18 Years in 2005. Mr. Ni received a Bachelor's Degree from Shanghai University and a Master's Degree in Business Administration from La Trobe University of Australia in 1997.

CEO Compensation
  • Insufficient data for Jianda to compare compensation growth.
  • Insufficient data for Jianda to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Jupai Holdings management team in years:

2.9
Average Tenure
55
Average Age
  • The tenure for the Jupai Holdings management team is about average.
Management Team

Jianda Ni

TITLE
Chairman of the Board & CEO
AGE
56
TENURE
2.9 yrs

Min Liu

TITLE
Chief Financial Officer
AGE
45
TENURE
5.6 yrs

Linda Wong

TITLE
Chief Operating Officer
AGE
55
TENURE
1.3 yrs

Harry He

TITLE
Director of Investor Relations
Board of Directors Tenure

Average tenure and age of the Jupai Holdings board of directors in years:

4.8
Average Tenure
56
Average Age
  • The tenure for the Jupai Holdings board of directors is about average.
Board of Directors

Jianda Ni

TITLE
Chairman of the Board & CEO
AGE
56
TENURE
5 yrs

Guoping Yang

TITLE
Independent Director
AGE
63
TENURE
4.8 yrs

Paul Zhang

TITLE
Independent Director
AGE
50
TENURE
4.8 yrs

Hongchao Zhu

TITLE
Independent Director
AGE
60
TENURE
4.8 yrs

Xin Zhou

TITLE
Director
AGE
51
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Jupai Holdings'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. Jupai Holdings 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.

News

Simply Wall St News

Company Info

Description

Jupai Holdings Limited, together with its subsidiaries, provides wealth management products and advisory services to high-net-worth individuals in China. It offers services for fixed income products, private equity and venture capital funds, and public market products, as well as other products, including overseas insurance products and foreign-currency denominated alternative investments. The company also provides asset management services, including management of real estate or related funds and other fund products. In addition, it offers fund management services, as well as advisory and administrative services. The company was formerly known as Jupai Investment Group and changed its name to Jupai Holdings Limited in December 2014. Jupai Holdings Limited was founded in 2010 and is headquartered in Shanghai, China.

Details
Name: Jupai Holdings Limited
JP8A
Exchange: DB
Founded: 2010
$31,788,355
33,622,888
Website: http://www.jpinvestment.cn
Address: Jupai Holdings Limited
Yinli Building,
8th Floor,
Shanghai,
200072,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE JP ADS New York Stock Exchange US USD 16. Jul 2015
DB JP8A ADS Deutsche Boerse AG DE EUR 16. Jul 2015
Number of employees
Current staff
Staff numbers
1,926
Jupai Holdings employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 04:25
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2018/03/13
Last earnings filing: 2020/03/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.