GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT
Future FinTech Group Inc (NAS:FTFT)
[1]
Possible Value Trap, Think Twice[5]$ 1.22
Software - Software - Application
Market Cap: $ 85 Mil
Future FinTech Group Inc, formerly SkyPeople Fruit Juice Inc is a holding company. The Company is engaged in the production and sale of fruit juice concentrates, fruit beverages and other fruit-related products.
Valuation Rank
Score: 0 /10CurrentIndustry MedianHistorical Median
PE RatioLoss29.123.42
Forward P/EN/A29.59N/A
PB Ratio1.023.550.31
PS Ratio5.783.600.63
P/FCFN/A26.832.63
Shiller P/EN/A37.642.59
PEG RatioN/A1.93N/A
Valuation Analysis
% of Price
Median PS Value0.1210
NCAV0.9578
Tangible Book0.9679
Price1.22
Dividend & Ownership
Dividend Yield(ttm) %N/A
Dividend Yield(forward) %N/A
PayoutN/A
Dividend Growth(5y) %N/A
Yield on Cost(5y) %N/A
Continuous Div. sinceN/A
Insider Ownership %28.78
Institution Ownership %5.67
Financial Strength
Score: 6 /10CurrentIndustry MedianHistorical Median
Cash-to-Debt154.433.520.56
Equity-to-Asset0.890.580.56
Interest Coverage0.0034.486.76
Piotroski F-Score454
Profitability Rank
Score: 4 /10CurrentIndustry MedianHistorical Median
Operating Margin %-142.164.079.89
Net Margin %-264.022.565.68
ROE %-76.854.314.44
ROA %-67.391.582.07
ROC (Joel Greenblatt) %-1157.8317.565.10
Growth (Per Share)
10 Yr5 Yr1 Yr
Revenue Growth (%)-57.5-82.41218.8
EBITDA Growth (%)N/AN/AN/A
Oprt. Income Growth (%)N/AN/AN/A
EPS w/o NRI Growth (%)N/AN/AN/A
Free Cash Flow Growth (%)N/AN/AN/A
Book Value Growth (%)N/AN/A128.6
Quarterly
Sep20Dec20Mar21Jun21Sep21
Revenue000212
Net Income-2-25-1-0-10
EPS-0.07-1.05-0.01-0.01-0.16
Revenue (YoY) %-87.43-92.35-96.51603.5127213.95
Net Income (YoY) %126.4616.25-100.68-51.74322.71
EPS (YoY) %133.3356.72-100.29-50128.57
Free Cash Flow-77-1-2-15
Cash & Equiv.110427253
Current Assets1216488077
Short-Term Debt & CLO22010
Current Liabilities85333
Total Liabilities974510
Stockholders Equity229447684
Warning Signs
SEVEREBeneish M-Score: Possible manipulator
SEVERESloan Ratio: Poor quality of earnings
SEVERERevenue per Share: Declined
SEVERELong-Term Debt: Keep issuing new debt
Good Signs
GOODPrice: Close to 1-year low
As of 12-06-2021
* All financial numbers are in millions except for per share data, ratios and percentage change.
Gain % SP500 %
1W-29.48-1.21
1M-42.45-2.43
3M-57.040.40
6M-59.878.98
YTD-35.1122.46
1Y-60.3925.39
3Y4.1519.60
5Y-31.3317.70
10Y-22.4215.98
41.28
20.42
0.44
30M
15.1M
2011201220132014201520162017201820192020CurrentPerformance
41.2817.3622.416.5612.2418.227.075.192.053.0811.29Highest Stock Price
13.5210.6413.846.84.051.71.350.540.440.521.19Lowest Stock Price
4854472618272219159485Market Cap
3.33.33.33.33.43.95.6223243.167Shares Outstanding-Diluted
3.722.973.83.256.18At LossAt LossAt LossAt Loss0.95At LossPE Ratio
0.350.340.270.140.10.21.78----10.741.02PB Ratio
0.590.530.590.260.210.752.2315.2515.52208.895.78PS Ratio
-0.03-0.161.192.621.2113-0.86-0.33-1.92-2.92-1.02EV-to-EBITDA
2011201220132014201520162017201820192020TTMPer Share Data
25.2130.7123.729.7225.778.751.870.040.030.010.21Revenue per Share
45.443.682.40.88-1.41-21.11-7.85-0.81.97-1.23Earnings per Share
5.463.29-10.53-10.9331-13.344.23-0.22-0.32-0.05-0.17Free Cash Flow per Share
----------------------Dividends per Share
42.9546.9652.0754.4352.4533.252.35-3.63-2.740.180.96Tangible Book per Share
----14.2516.4814.094.951.240.070.020.010.12Median PS Value
62.1775.8265.6654.2232.22------------Graham Number
2011201220132014201520162017201820192020TTMIncome Statement
84102.47999.186.434.410.50.90.90.413.7Revenue
27.533.127.629.326.19.21.7-0.10.50.31.1Gross Profit
32.732.334.929.630.226.716.6-9.747.890.37.7Gross Margin %
7.568.112.414.76.910.612.1813.620.5Total Operating Expense
19.927.119.516.811.42.2-8.8-12.2-7.6-13.3-19.5Operating Income
23.726.524.71713.36.5-84.6-1374.6-805.8-3573.9-142.2Operating Margin %
13.218.212.27.92.9-5.3-102.6-170-25.288.9-36.2Net Income
15.717.815.483.4-15.4-980.5-19122-2681.123970-264Net Margin %
20.126.919.817.511.82.6-99-188.1-10.6-29.6-32.3EBIT
23.631.52523.119.48.1-98.3-188.1-10.6-29.5-32.3EBITDA
10.312.37.44.41.6-3.4-139-------76.9ROE %
8.610.25.73.11.1-2-45.4-134.1-28.2134.8-67.4ROA %
2011201220132014201520162017201820192020Sep21Balance Sheet
61.277.666.925.1501.14.60.30.29.853Cash & Equivalents
36.249.634.866.950.335.753.923.805.417.9Total Receivables
160.3195.2233.1279.4270.4261.7190.762.911615.994.1Total Assets
6.711.733.539.433.529.46.15.811.70.3Short-Term Debt & CLO
----815.616.714.539.832.5--0.1--Long-Term Debt & CLO
16.531.851.293.387.491.5157.7149.6204.17.210.4Total Liabilities
137.9156.5173.5181.4178.113512.6-91.3-92.48.883.9Total Stockholders Equity
143.8163.5182186.1183170.233-86.7-88.18.783.7Total Equity
2011201220132014201520162017201820192020TTMCashflow Statement
2619.724.94.2104.3-34.423.7-4.9-10.1-2.3-10.9Cash Flow from Operations
-12.9-8.8-60-40.6-20.8-21-----0-5.3-10.1Cash Flow from Investing
-----------40.9----------Repurchase of Stock
-4.24.929.1-1.4-63.7-3.6-23.2--2.46.4-3.9Net Issuance of Debt
-45.222-5.2-60.4-24.1-19.90.23.217.275.4Cash Flow from Financing
11.816.4-10.7-41.824.9-48.93.4-4.30.59.652.7Net Change in Cash
-7.8-8.8-60-40.6-0.3-18.1-----0-0-0.6Capital Expenditure
18.211-35.1-36.4104-52.523.7-4.9-10.2-2.3-11.5Free Cash Flow
Competitor
TickerCompanyFinancial
Strength
Profitability
Rank
Market Cap
($M)
PE RatioPS RatioNet
Margin %
ROA %ROE %
NAS:VERBVerb Technology Co Inc30100At Loss8.11-415.73-107.91-248.92
NAS:FTFTFuture FinTech Group Inc6485At Loss5.78-264.02-67.39-76.85
OTCPK:MFONMobivity Holdings Corp2280At Loss7.62-51.62-68.100.00
NAS:INPXInpixon4173At Loss3.26-269.86-32.78-42.71
OTCPK:OBTXEverything Blockchain Inc606899.258.3043.5962.5273.94
GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Financial Strength[2] (Quarterly data, as of Sep. 2021) : Fair (6/10)

0
1
2
3
4
5
6
7
8
9

Cash-to-Debt : 154.43

Cash-to-Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. A high ratio indicates that a company is better able to pay back its debt, and is thus able to take on more debt if necessary.


Equity-to-Asset : 0.89

Equity-to-Asset ratio is calculated as total stockholders equity divided by its total assets. Equity-to-Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity-to-Asset ratio (more leveraged) may have higher ROE % because of the leverage.


Debt-to-Equity : 0.00

A high Debt-to-Equity ratio generally means that a company has been aggressive in financing its growth with debt.


Piotroski F-Score : 4

The Piotroski F-Score is used to determine the strength of a firm's financial position, with 9 being the best and 0 being the worst.

0
1
2
3
4
5
6
7
8
9


WACC : 7.22% vs ROIC : -122.33%

The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. Return on invested capital (ROIC) measures how well a company generates cash flow relative to the capital it has invested in its business.


Dividend Yield : 0.00%

Dividend yield is a way to measure how much cash flow you are getting for each dollar invested in an equity position.

GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Profitability[3] (Annual data, as of Dec. 2020) : Fair (4/10)

0
1
2
3
4
5
6
7
8
9

Revenue : $12 Mil vs Net Income : $-10 Mil

Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. Net Income is a company's total profit. Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses.


Cash & Equivalents : $53 Mil vs Long-Term Debt* : $0 Mil

Cash & equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash. Long-Term Debt* consists of loans and obligations lasting over one year.


Operating Margin % : -58.41%

Operating margin % measures how much profit a company makes on a dollar of sales. Operating Margin % is calculated as Operating Income divided by Revenue.


EPS without NRI : $-0.10

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock. In calculating earnings per share without non-recurring items, the dividends of preferred stocks and Non Operating Income need to subtracted from the total net income first.


Dividends per Share : $0.00

Dividends per Share is the amount of dividends that the shareholders of a company receive on a per-share basis. It is calculated using the total dividends paid out to shareholders over one fiscal year and the number of shares outstanding.


Free Cash Flow per Share : $-0.23

Free Cash flow per Share is the amount of Free cash flow per outstanding share of the company's stock.

GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Valuation (Quarterly data, as of Sep. 2021)

These valuation metrics should give you a sense of reasonable prices, but be careful with them. Always seek to understand why a valuation is changing over time.


Valuation Chart (Current stock price : $1.22)


PE Ratio without NRI : At Loss

The price-to-earnings ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.


PB Ratio : 1.74

The price-to-book ratio measures the valuation of the stock relative to the underlying asset of the company.


PS Ratio : 9.91

The price-to-sales ratio is a valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the value placed on each dollar of a company’s sales or revenues.


Price-to-Free-Cash-Flow : 0.00

Price-to-free-cash-flow is very similar to the valuation metric of price-to-operating-cash-flow but is considered a more exact measure, owing to the fact that it uses free cash flow, which subtracts capital expenditures from a company's total operating cash flow, thereby reflecting the actual cash flow available to fund non-asset-related growth.


EV-to-EBIT : -2.89

Enterprise value of a company divided by its trailing 12 months earnings before interest and taxes (EBIT).

GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Valuation Bands

In these charts the 10-year valuation bands of the price-to-earnings ratio (PE Ratio), price-to-book ratio (PB Ratio), price-to-sales ratio (PS Ratio) and price-to-operating-cash-flow ratio (POCF) are drawn together with the historical stock prices. For example, the upper line of the PE band is where the stock price would have been if it were always traded at the maximum PE ratio of the past 10 years. The lower line of the PE band is where the stock price would have been if it were always traded at the lowest PE ratio of the past 10 years. It is always better if the stock price is close to the lower line, which indicates a lower valuation.


Historical Price and PE Band


Historical Price and PS Band


Historical Price and PB Band


Historical Price and Price-to-Operating-Cash-Flow (POCF) Band

GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Warning Signs

GuruFocus conducted a thorough checkup using a checklist of 32 items that cover the areas of financial strength, profitability, growth, and valuation of each company. The purpose of Warning Signs is to warn you that the company may have red flags in certain areas, helping to avoid overlooking them. These warning signs do not necessarily mean you should not invest in the stock. But you should be aware of them before you invest.


Severe Warning Signs

Beneish M-Score : Possible manipulator

Beneish M-Score 22.37 higher than -1.78, which implies that the company might have manipulated its financial results.

Sloan Ratio : Poor quality of earnings

When Sloan Ratio (605.57)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

Revenue per Share : Declined

Future FinTech Group Inc revenue per share has been in decline for the last 5 years.

Long-Term Debt : Keep issuing new debt

Future FinTech Group Inc keeps issuing new debt. Over the past 3 years, it issued USD 7.655 million of debt.

Operating Income : loss

Future FinTech Group Inc had lost money in 92% of the time over the past 12quarters.

Good Signs

Price : Close to 1-year low

Future FinTech Group Inc stock Price is close to 1-year low

PS Ratio : Close to 2-year low

Future FinTech Group Inc stock PS Ratio (=5.78) is close to 2-year low of 5.78

Medium Warning Signs

Altman Z-Score : Grey

Altman Z-score of 2.83 is in grey area. The implies that the company is in some kind of financial stress. If it is below 1.8, the company may faces bankrupcy risk.
GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Competitive Comparison


5 Year Price Change Comparison


Financial Strength

CompanyFinancial StrengthCash-to-DebtEquity-to-AssetDebt-to-EquityInterest CoveragePiotroski F-ScoreAltman Z-ScoreBeneish M-ScoreWACC %ROIC %
NAS:MNDOMIND C.T.I. Ltd7/1010.350.710.07N/A75.91-2.725.4638.04
OTCPK:OBTXEverything Blockchain Inc6/101.390.910.04N/AN/A23.92392.927.4460.50
NAS:FTFTFuture FinTech Group Inc6/10154.430.890.000.0042.8322.377.22-122.33
NAS:NTWKNETSOL Technologies Inc6/102.230.650.232.6761.88-2.957.341.36
NAS:QUMUQumu Corp4/1017.970.440.060.004-2.87-3.1511.64-60.82
OTCPK:LAABStartech Labs Inc3/100.000.00-0.620.00N/A0.000.0010.74-21.33
NAS:VERBVerb Technology Co Inc3/100.920.400.280.002-5.27-4.0311.18-87.76
OTCPK:MFONMobivity Holdings Corp2/100.16-0.21-2.320.003-15.92-2.886.70-94.78
OTCPK:ABQQAB International Group Corp0/100.940.970.010.00311.70-1.126.42-49.57

Profitability

CompanyProfitability RankOperating
Margin %
Net Margin %ROE %ROA %Price-to-Free-Cash-FlowROC (Joel Greenblatt) %3-Year Revenue Growth %3-Year EBITDA Growth %3-Year EPS w/o NRI Growth %
NAS:MNDOMIND C.T.I. Ltd8/1024.9622.2027.1918.179.10383.787.904.70-2.40
NAS:NTWKNETSOL Technologies Inc5/101.882.242.321.479.0021.20-4.30-19.10-26.60
NAS:FTFTFuture FinTech Group Inc4/10-142.16-264.02-76.85-67.390.00-1157.83-83.1066.1064.80
OTCPK:MFONMobivity Holdings Corp2/10-51.34-51.620.00-68.100.00-689.783.2036.30-100.00
NAS:QUMUQumu Corp2/10-68.40-65.99-124.38-44.890.00-2129.92-10.902.3017.60
OTCPK:LAABStartech Labs Inc1/100.000.000.000.000.000.000.00-100.0080.70
OTCPK:ABQQAB International Group Corp0/10-181.73-224.06-56.65-49.310.00-1350.590.0064.9025.10
OTCPK:OBTXEverything Blockchain Inc0/1037.2143.5973.9462.520.0044.660.000.000.00
NAS:VERBVerb Technology Co Inc0/10-352.30-415.73-248.92-107.910.00-1018.27551.9011.308.10

Valuation

CompanyPE RatioPB RatioPS RatioPrice-to-Intrinsic-Value-Projected-FCFPrice-to-Intrinsic-Value-DCF (Earnings Based)Price-to-Median-PS-ValuePrice-to-Peter-Lynch-Fair-ValuePrice-to-Graham-NumberEarnings Yield (Joel Greenblatt) %Forward Rate of Return (Yacktman) %
OTCPK:ABQQAB International Group CorpAt Loss0.681.980.000.000.000.000.00-57.800.00
NAS:FTFTFuture FinTech Group IncAt Loss1.025.781.110.0010.170.000.00-98.04-98.83
OTCPK:MFONMobivity Holdings CorpAt Loss0.007.620.000.001.890.000.00-6.170.00
NAS:QUMUQumu CorpAt Loss2.261.310.000.000.000.000.00-98.0436.67
NAS:VERBVerb Technology Co IncAt Loss6.938.110.000.000.000.000.00-39.370.00
NAS:MNDOMIND C.T.I. Ltd10.792.752.330.860.001.030.001.4614.2711.37
NAS:NTWKNETSOL Technologies Inc37.450.880.840.590.000.890.001.399.583.55
OTCPK:OBTXEverything Blockchain Inc99.254.348.300.000.000.000.004.994.110.00
OTCPK:LAABStartech Labs IncN/A0.000.000.000.000.000.000.00-0.310.00
GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Peter Lynch Chart[4]

GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Per Share Data



Per Share Data

Sep05
Sep06
Sep07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
TTM Fiscal Period
850
575
--
18.63
25.38
32.29
25.21
30.71
23.7
29.72
25.77
8.75
1.87
0.04
0.03
0.01
0.21
Revenue per Share
74.17
61.63
29.22
7.02
10.82
12.01
7.09
9.46
7.49
6.93
5.79
2.05
-17.58
-8.56
-0.33
-0.68
-0.54
EBITDA per Share
-23.17
-25
-29.56
6.17
9.96
11.18
6.02
8.08
5.94
5.25
3.52
0.67
-17.7
-8.56
-0.33
-0.69
-0.54
EBIT per Share
-197
-197
-365
4.48
6.72
7.36
4
5.44
3.68
2.4
0.88
-1.41
-21.11
-7.85
-0.8
1.97
-1.23
Earnings per Share (Diluted)
-197
-197
-353
4.48
6.72
7.36
4
5.44
3.68
2.4
0.88
-0.19
-18.09
-8.04
-0.35
-0.79
-0.77
EPS without NRI
-101
-64.88
-467
5.85
-0.02
0.75
5.68
3.57
1.45
-5.74
22.95
-14.82
-12.31
-6.86
-1.1
1.33
-1.02
Owner Earnings per Share (TTM)
-105
-38.63
135
4.52
1.24
1.04
5.46
3.29
-10.53
-10.93
31
-13.34
4.23
-0.22
-0.32
-0.05
-0.17
Free Cash Flow per Share
-98
-26
135
5.82
1.43
3.7
7.79
5.91
7.47
1.25
31.09
-8.75
4.23
-0.22
-0.32
-0.05
-0.17
Operating Cash Flow per Share
15.69
10.06
468
8.23
6.42
15.37
19.04
23.27
20.07
7.54
14.73
0.28
0.85
0.01
0.01
0.2
0.76
Cash per Share
-151
-211
3000
22.12
27.38
36.89
42.95
46.96
52.07
54.43
52.45
33.25
2.35
-2.94
-2.73
0.18
1.2
Book Value per Share
-151
-211
3000
18.67
24.45
34.85
42.95
46.96
52.07
54.43
52.45
33.25
2.35
-3.63
-2.74
0.18
0.96
Tangible Book per Share
93.19
162
967
6.07
2.42
3.35
2.09
3.5
12.45
16.5
14.79
10.8
8.55
1.23
0.03
0.04
0.01
Total Debt per Share
296
158
98.62
30
32.96
37.2
14.88
16.16
14
7.8
5.44
6.6
4.17
0.61
0.45
1.88
1.22
Month End Stock Price

Ratios

Sep05
Sep06
Sep07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
TTM Fiscal Period
--
--
-26.04
29.74
29.64
23.55
10.3
12.34
7.37
4.44
1.64
-3.38
-139
--
--
--
-76.85
ROE %
--
--
-868
21.87
24.7
23.32
29.43
36.29
27.3
31.71
16.4
-16.9
-78.07
--
--
--
-75.34
ROE % Adjusted to Book Value
-86.97
-82.27
-13.22
18.91
21.25
18.35
8.59
10.22
5.68
3.07
1.07
-1.99
-45.36
-134
-28.2
135
-67.39
ROA %
--
--
-26.04
32.87
33.93
25.4
10.57
12.34
7.37
4.44
1.64
-3.38
-139
--
--
Neg. E
-83.49
Return-on-Tangible-Equity
-86.97
-82.27
-13.22
20.12
23.37
19.46
8.78
10.22
5.68
3.07
1.07
-1.99
-45.36
-146
-32.05
135
-72.45
Return-on-Tangible-Asset
-40.35
-50.25
-1.96
48.99
63.51
54.39
25.25
30.03
19.6
13.58
8.26
1.93
-99.5
-593
-899
-18189
-1158
ROC (Joel Greenblatt) %
--
--
-1.56
35.22
43.53
34.47
15.03
17.54
11.2
8.76
5.76
1.37
-76.89
-2035
--
--
-65.77
ROCE %
-12.41
-9.33
-1.29
27.23
30.18
32.13
16.78
21.27
11.3
5.88
2.54
-0.73
-5.09
-13.48
-5.76
-12
-122
ROIC %
6.36
6.82
-1.15
-0.08
4.21
3.42
6.64
6.68
9.66
6.67
4.74
10.51
12.81
13.16
4.91
8.65
7.22
WACC %
--
--
--
9.45
9.81
9.91
9.74
9.68
7.47
9.43
7.38
3.53
6.85
3.86
2.67
26.5
2.9
Effective Interest Rate on Debt %
43.18
42.56
--
43.32
42.84
40.77
32.7
32.31
34.88
29.55
30.22
26.66
16.57
-9.67
47.82
90.3
7.72
Gross Margin %
-2.73
-4.35
--
31.95
35.32
34.19
23.73
26.48
24.65
17
13.25
6.53
-84.56
-1375
-806
-3574
-142
Operating Margin %
-24.14
-31.96
--
24.03
25.64
22.71
15.72
17.75
15.41
7.95
3.41
-15.38
-980
-19122
-2681
23970
-264
Net Margin %
-12.39
-6.72
--
24.24
4.87
3.21
21.64
10.7
-44.44
-36.78
120
-153
226
-549
-1083
-614
-83.86
FCF Margin %
-0.62
-0.77
0.32
0.27
0.09
0.09
0.05
0.08
0.24
0.3
0.28
0.33
3.64
-0.42
-0.01
0.21
0
Debt-to-Equity
-0.57
-1.04
0.56
0.69
0.73
0.81
0.86
0.8
0.74
0.65
0.66
0.52
0.07
-1.45
-0.8
0.55
0.89
Equity-to-Asset
0.35
0.8
0.18
0.19
0.07
0.07
0.04
0.06
0.18
0.2
0.19
0.17
0.24
0.61
0.01
0.12
0
Debt-to-Asset
1.57
2.04
0.28
0.28
0.23
0.16
0.1
0.16
0.22
0.33
0.32
0.35
0.83
2.38
1.76
0.45
0.11
Liabilities-to-Assets
156
110
--
34.07
35.51
32.93
17.87
18.61
12.87
11.42
9.5
3.45
0.77
-0.07
0.5
0.51
1.97
Gross-Profit-to-Asset %
3.6
2.57
--
0.79
0.83
0.81
0.55
0.58
0.37
0.39
0.31
0.13
0.05
0.01
0.01
0.01
0.26
Asset Turnover
47.85
70.96
--
90.99
120
144
178
152
193
186
246
304
427
3537
15.13
4.92
155
Days Sales Outstanding
164
91.39
--
28.3
18.04
20.26
20.72
45.76
63.77
57.41
111
252
582
4180
4201
2602
17.49
Days Payable
18.27
43.21
--
48.73
36.48
34.24
37.31
35.31
41.37
22.23
22.89
46.91
107
404
24.9
41.71
0.09
Days Inventory
-97.61
22.78
--
111
139
158
195
142
171
150
158
98.87
-47.78
-239
-4161
-2555
138
Cash Conversion Cycle
19.98
8.45
--
7.49
10.01
10.66
9.78
10.34
8.82
16.42
15.95
7.78
3.4
0.9
14.66
8.75
4217
Inventory Turnover
0.57
0.57
--
0.57
0.57
0.59
0.67
0.68
0.65
0.7
0.7
0.73
0.83
1.1
0.52
0.09
0.92
COGS-to-Revenue
0.03
0.07
--
0.08
0.06
0.06
0.07
0.07
0.07
0.04
0.04
0.09
0.25
1.22
0.04
0.01
-- Inventory-to-Revenue
0.01
0.02
--
0.07
0.01
0.08
0.09
0.09
0.76
0.41
0
0.53
--
--
0.05
0.01
0.05
Capex-to-Revenue
* All financial numbers are in millions except for per share data, ratios and percentage change. When Return-on-Tangible-Equity displays Neg. E, it means the the tangible equity is negative.
GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Financial Satement



Income Statement

Sep05
Sep06
Sep07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
TTM Fiscal Period
5.1
4.6
--
41.65
59.25
93.25
84.02
102
78.99
99.06
86.44
34.41
10.46
0.89
0.94
0.37
13.71
Revenue
2.9
2.64
--
23.61
33.87
55.23
56.55
69.28
51.43
69.78
60.32
25.23
8.73
0.98
0.49
0.04
12.65
Cost of Goods Sold
2.2
1.96
--
18.04
25.38
38.02
27.47
33.07
27.55
29.28
26.13
9.17
1.73
-0.09
0.45
0.34
1.06
Gross Profit
43.18
42.56
--
43.32
42.84
40.77
32.7
32.31
34.88
29.55
30.22
26.66
16.57
-9.67
47.82
90.3
7.72
Gross Margin %
2.28
0.2
0.26
4.28
3.35
5.05
7.87
7.31
9.36
13.09
15.88
6.94
11.14
12.13
2.87
10.24
17.44
Selling, General, & Admin. Expense
--
--
--
0.45
1.1
1.09
0.56
0.57
0.02
--
--
--
--
--
--
--
-- Research & Development
0.06
1.96
0
--
0
-0
-0.89
-1.91
-1.3
-0.66
-1.21
-0.02
-0.56
--
5.16
3.36
3.11
Other Operating Expense
2.34
2.16
0.27
4.73
4.46
6.13
7.53
5.97
8.08
12.43
14.68
6.93
10.58
12.13
8.03
13.59
20.55
Total Operating Expense
-0.14
-0.2
-0.27
13.31
20.93
31.88
19.94
27.1
19.47
16.84
11.45
2.25
-8.85
-12.22
-7.58
-13.26
-19.49
Operating Income
-2.73
-4.35
--
31.95
35.32
34.19
23.73
26.48
24.65
17
13.25
6.53
-84.56
-1375
-806
-3574
-142
Operating Margin %
--
--
--
0.06
0.07
0.11
0.28
0.32
0.32
0.67
0.35
0.16
0
0
0
0.22
0.61
  Interest Income
--
--
--
-0.93
-0.82
-0.8
-0.85
-0.89
-1.98
-4.55
-3.89
-1.66
-3.08
-1.63
-0.52
-0.37
-0.03
  Interest Expense
--
--
--
-0.87
-0.75
-0.69
-0.57
-0.57
-1.66
-3.88
-3.53
-1.5
-3.07
-1.62
-0.52
-0.15
0.58
Net Interest Income
-1.01
-1.31
-2.82
0.42
2.25
0.3
-0.15
-0.48
0
-0
-0
0.22
-90.11
-176
-3.01
-16.61
-13.47
Other Income (Expense)
-1.15
-1.51
-3.09
12.86
22.43
31.49
19.22
26.05
17.81
12.96
7.91
0.97
-102
-190
-11.11
-30.02
-32.38
Pre-Tax Income
--
--
--
-2.23
-6.03
-8.52
-5.09
-6.87
-4.64
-4.33
-4.27
-1.6
-0.27
--
--
--
-- Tax Provision
--
--
--
17.36
26.87
27.06
26.48
26.37
26.05
33.42
53.92
166
-0.26
--
--
--
-- Tax Rate %
-1.15
-1.51
-3.09
10.62
16.41
22.97
14.13
19.18
13.17
8.63
3.65
-0.63
-102
-190
-11.11
-30.02
-32.38
Net Income (Continuing Operations)
-0.08
0.04
-0.1
--
--
--
--
--
--
--
--
-4.79
-14.66
4.01
-15.97
119
-4
Net Income (Discontinued Operations)
--
--
--
-0.61
-1.22
-1.79
-0.93
-1.01
-1
-0.76
-0.7
0.13
14.38
15.74
1.85
--
0.18
  Other Income (Minority Interest)
-1.23
-1.47
-3.19
10.01
15.19
21.18
13.21
18.17
12.17
7.87
2.95
-5.29
-103
-170
-25.23
88.93
-36.19
Net Income
-24.14
-31.96
--
24.03
25.64
22.71
15.72
17.75
15.41
7.95
3.41
-15.38
-980
-19122
-2681
23970
-264
Net Margin %
-197
-197
-365
4.48
6.72
7.36
4
5.44
3.68
2.4
0.88
-1.41
-21.11
-7.85
-0.8
2.34
-0.91
EPS (Basic)
-197
-197
-365
4.48
6.72
7.36
4
5.44
3.68
2.4
0.88
-1.41
-21.11
-7.85
-0.8
1.97
-1.23
EPS (Diluted)
0.01
0.01
0.01
2.24
2.34
2.89
3.33
3.33
3.33
3.33
3.35
3.93
5.59
21.97
32
43.15
67.02
Shares Outstanding (Diluted Average)
-0.14
-0.2
-0.27
13.79
23.25
32.3
20.07
26.94
19.79
17.51
11.8
2.63
-98.96
-188
-10.59
-29.65
-32.35
EBIT
0.58
0.5
0.53
1.9
2.01
2.39
3.55
4.6
5.17
5.6
7.62
5.43
0.67
--
0
0.14
0.07
Depreciation, Depletion and Amortization
0.45
0.49
0.26
15.69
25.26
34.69
23.62
31.54
24.96
23.11
19.42
8.05
-98.29
-188
-10.58
-29.51
-32.27
EBITDA

Cashflow Statement

Sep05
Sep06
Sep07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
TTM Fiscal Period
-1.23
-1.47
-3.19
10.62
16.41
22.97
14.13
19.18
13.17
8.63
3.65
-5.42
-103
-170
-11.11
-30.02
-33.42
Net Income From Continuing Operations
0.58
0.5
0.53
1.9
2.01
2.39
3.55
4.6
5.17
5.6
7.62
5.43
0.67
--
0
0.14
0.07
Depreciation, Depletion and Amortization
-0.84
0.55
-0.12
-2.03
-15.37
-18.26
13.05
-13.3
15.84
-32.81
32.53
6.18
18.12
-30.02
-0.06
-0.2
-14.09
  Change In Receivables
-0.08
0.05
--
2.87
-3.07
-0.34
-0.42
-1.13
2.83
0.21
0.43
0.19
-0.94
-4.25
-0
--
--   Change In Inventory
--
--
--
-1.05
1.06
--
-0.03
-0.01
-1.21
2.08
-3.54
-56.58
-56.62
2.81
-2.59
-0.18
-7.45
  Change In Prepaid Assets
0.72
0.62
2.31
0.08
2.04
0.77
-3.86
9.93
-10.67
20.52
57.42
11.09
63.65
-1
-1.58
1.45
1.95
  Change In Payables And Accrued Expense
0.19
-0.6
0
0.6
-0.36
1.04
-0.41
0.35
-0.19
0.11
-0.08
-0.36
0.65
0.5
0.3
-0.43
-0.12
  Change In Other Working Capital
-0.01
0.62
2.2
0.48
-15.72
-16.78
8.33
-4.16
6.61
-9.89
86.77
-39.48
24.86
-31.96
-3.93
0.64
-19.7
Change In Working Capital
--
--
--
--
--
--
-0.17
0.08
-0.45
-0.88
1.41
-1.24
3.57
--
--
--
-- Deferred Tax
--
--
--
--
--
--
--
--
--
--
--
--
--
--
0.7
7.13
6.38
Stock Based Compensation
--
--
--
--
--
--
--
--
--
--
2.38
3.2
89.69
178
2.75
14.01
13.76
Asset Impairment Charge
-0.1
0.18
1.61
--
--
--
--
--
--
--
--
--
--
--
-4.24
-0.23
11.54
Cash from Discontinued Operating Activities
0.17
-0.03
0.07
0.02
0.64
2.1
0.14
0
0.4
0.71
2.44
3.07
7.45
18.78
5.69
6.06
10.48
Cash Flow from Others
-0.59
-0.21
1.21
13.02
3.34
10.69
25.98
19.7
24.91
4.18
104
-34.44
23.66
-4.88
-10.14
-2.28
-10.88
Cash Flow from Operations
-0.04
-0.1
--
-2.92
-0.46
-7.7
-7.79
-8.75
-60.01
-40.61
-0.28
-8.73
--
--
-0.01
-0
1.25
Purchase Of Property, Plant, Equipment
--
0.01
--
0.01
--
--
--
--
--
--
--
--
--
--
--
--
-- Sale Of Property, Plant, Equipment
--
--
--
-2.16
-3.32
--
--
--
--
--
--
--
--
--
--
--
-- Purchase Of Business
--
--
--
-0.1
--
--
--
--
--
--
--
--
--
--
--
--
-- Purchase Of Investment
--
--
--
0.6
--
--
--
--
--
--
--
--
--
--
--
--
-- Sale Of Investment
--
--
--
--
--
--
--
--
--
--
--
-9.33
--
--
-0.04
--
-- Net Intangibles Purchase And Sale
--
-0.1
0.27
--
--
--
--
--
--
--
--
--
--
--
--
0.09
-- Cash From Discontinued Investing Activities
--
0.1
--
-2.58
-2.32
-0.29
-5.15
--
--
-0
-20.53
-2.98
--
--
-0
-5.36
-11.36
Cash From Other Investing Activities
-0.04
-0.1
0.27
-7.16
-6.1
-7.99
-12.94
-8.75
-60.01
-40.61
-20.81
-21.04
--
--
-0.05
-5.27
-10.12
Cash Flow from Investing
0.1
--
--
3.12
7.79
27.01
--
--
--
--
--
17.36
3.34
0.16
--
10.26
78.77
Issuance of Stock
--
--
--
--
--
--
--
--
--
--
--
-40.89
--
--
--
--
-- Repurchase of Stock
0.49
0.18
0.03
16.35
13.18
22.48
4.24
6.05
35.86
17.32
7.25
7.98
--
--
3.88
6.78
-2.39
  Issuance of Debt
--
--
--
-14.32
-19.01
-17.97
-8.43
-1.14
-6.74
-18.72
-70.9
-11.55
-23.24
--
-1.5
-0.34
-1.5
  Payments of Debt
0.49
0.18
0.03
2.03
-5.83
4.51
-4.2
4.91
29.12
-1.4
-63.65
-3.57
-23.24
--
2.37
6.45
-3.89
Net Issuance of Debt
--
--
--
-0.31
--
--
--
--
--
--
--
--
--
--
--
--
-- Cash Flow for Dividends
--
0.09
-1.59
--
--
-0.51
0.21
0.32
-7.11
-3.76
3.24
3
0
--
0.85
0.48
0.48
Other Financing
0.59
0.27
-1.56
4.84
1.96
31.02
-3.99
5.23
22.02
-5.17
-60.41
-24.1
-19.91
0.16
3.23
17.18
75.35
Cash Flow from Financing
--
--
--
0.48
-0.07
1.23
2.76
0.22
2.41
-0.16
1.84
30.71
-0.31
0.39
7.48
-0.03
-1.64
Effect of Exchange Rate Changes
-0.05
-0.03
-0.08
11.18
-0.87
34.95
11.8
16.41
-10.67
-41.76
24.88
-48.86
3.44
-4.33
0.52
9.6
52.72
Net Change in Cash
-0.04
-0.1
--
-2.92
-0.46
-7.7
-7.79
-8.75
-60.01
-40.61
-0.28
-18.06
--
--
-0.05
-0
-0.61
Capital Expenditure
-0.63
-0.31
1.21
10.1
2.89
2.99
18.19
10.95
-35.1
-36.43
104
-52.5
23.66
-4.88
-10.19
-2.28
-11.5
Free Cash Flow
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Financial Satement


Balance Sheet

Sep05
Sep06
Sep07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
TTM Fiscal Period
0.11
0.08
4.09
15.27
14.41
49.35
61.15
77.56
66.89
25.13
50.01
1.14
4.59
0.25
0.19
9.79
52.97
  Cash And Cash Equivalents
0.11
0.08
4.09
15.27
14.41
49.35
61.15
77.56
66.89
25.13
50.01
1.14
4.59
0.25
0.19
9.79
52.97
Cash, Cash Equivalents, Marketable Securities
1.1
0.69
9.15
11.61
27.4
46.03
36
49.44
34.18
66.57
50.06
7.33
17.16
0.07
0.01
--
9.44
  Accounts Receivable
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
5.36
6.31
  Loans Receivable
0.02
--
0.05
0.3
0.22
1.27
0.19
0.2
0.57
0.37
0.27
28.42
36.71
23.77
0.01
0.08
2.17
  Other Current Receivables
1.12
0.69
9.21
11.91
27.62
47.3
36.19
49.64
34.75
66.94
50.33
35.74
53.87
23.85
0.01
5.44
17.92
Total Receivables
--
--
0.26
0.61
0.75
0.64
0.58
0.97
1.03
1.25
0.95
1.11
0.84
0.03
--
--
--   Inventories, Raw Materials & Components
-0.39
--
--
--
--
--
--
--
--
--
--
--
--
-2.46
-0.03
--
--   Inventories, Inventories Adjustments
--
--
4.2
1.23
4.18
4.79
5.55
6.31
3.35
2.87
2.5
1.93
1.26
2.5
0.04
--
--   Inventories, Finished Goods
0.59
0.43
--
-0
--
--
0
--
--
--
--
-0
-0
-0
0
--
--   Inventories, Other
0.2
0.43
4.46
1.84
4.93
5.44
6.13
7.28
4.38
4.12
3.45
3.04
2.1
0.06
0
--
-- Total Inventories
0.03
0.04
0.1
1.09
1.54
0.54
0.56
0.16
9.05
8.42
9.22
61.7
1.44
--
100
0.29
5.68
Other Current Assets
1.46
1.24
17.87
30.11
48.49
103
104
135
115
105
113
102
61.99
24.16
100
15.52
76.57
Total Current Assets
--
--
--
--
--
--
--
--
--
--
--
--
67.51
15
12.25
--
-- Investments And Advances
--
--
--
--
--
--
7.78
7.8
8.04
8.01
28.25
34.32
36.1
--
--
--
--   Land And Improvements
0.15
0.15
6.49
8.52
11.88
20.82
25.78
32.35
38
36.37
53.84
50.76
76.77
54.69
--
--
--   Buildings And Improvements
1.02
1.09
14.07
15.07
15.29
24.87
31.48
34.2
36.22
38.22
34.35
29.19
50.28
33.43
0.04
--
--   Machinery, Furniture, Equipment
--
--
--
1.9
3.6
0.01
--
3.19
10.74
28.96
27.36
35.98
30.82
0.19
--
--
--   Construction In Progress
--
--
-0
--
0
--
0
0
--
21.08
--
0
-0
--
-0.02
0.31
0.78
  Other Gross PPE
1.17
1.24
20.56
25.49
30.78
45.69
65.03
77.54
92.99
133
144
150
194
88.3
0.02
0.31
0.78
Gross Property, Plant and Equipment
-0.76
-0.85
-2.99
-5.08
-6.92
-9.35
-14.08
-18.73
-24.56
-29.86
-34.99
-36.87
-133
-85.97
-0.02
--
--   Accumulated Depreciation
0.41
0.38
17.56
20.41
23.86
36.34
50.95
58.8
68.43
103
109
113
61.08
2.34
0.02
0.31
0.78
Property, Plant and Equipment
--
--
--
6.41
6.58
6.54
--
--
--
--
--
--
--
21.45
0.04
0.04
16.77
Intangible Assets
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
16.73
  Goodwill
0.03
0.04
11.18
2.36
4.74
1.69
5.32
1.78
49.62
72.04
48.59
46.66
0.1
0
3.34
0.06
0
Other Long Term Assets
0.45
0.43
28.75
29.17
35.17
44.57
56.27
60.58
118
175
157
160
129
38.78
15.65
0.41
17.55
Total Long-Term Assets
1.91
1.67
46.61
59.29
83.66
147
160
195
233
279
270
262
191
62.95
116
15.93
94.12
Total Assets
0.7
0.63
3
0.66
2.68
3.45
2.97
14.4
3.57
18.38
18.33
16.57
11.28
11.05
0.25
0.25
1.21
  Accounts Payable
--
--
--
1.45
2.59
4.38
1.91
3.13
1.75
1.46
1.15
3.59
--
--
--
--
--   Total Tax Payable
--
--
--
0.02
0
--
--
0
--
0
0
--
--
--
--
--
0.57
  Other Current Payables
0.72
0.61
0.56
1.91
4.37
4.87
4.7
2.05
4.01
10.09
17.36
27.45
99.91
99.13
1.13
2.3
0.31
  Current Accrued Expense
1.42
1.24
3.56
4.05
9.65
12.7
9.59
19.58
9.33
29.92
36.84
47.61
111
110
1.38
2.55
2.09
Accounts Payable & Accrued Expense
0.55
1.13
6.41
11.26
5.42
10.74
6.71
11.66
33.48
36.42
33.51
29.36
6.12
5.83
0.96
1.56
0.19
  Short-Term Debt
--
--
--
--
--
--
--
--
--
2.95
--
--
--
--
--
0.18
0.16
  Short-Term Capital Lease Obligation
0.55
1.13
6.41
11.26
5.42
10.74
6.71
11.66
33.48
39.37
33.51
29.36
6.12
5.83
0.96
1.74
0.34
Short-Term Debt & Capital Lease Obligation
--
--
--
1.38
1.01
0.57
0.18
0.53
0.36
0.47
0.37
0
0.66
1.16
0.53
0.03
0
  Current Deferred Revenue
--
--
--
1.38
1.01
0.57
0.18
0.53
0.36
0.47
0.37
0
0.66
1.16
0.53
0.03
0
DeferredTaxAndRevenue
0.91
0.83
0.97
--
3.38
--
--
-0
0
--
--
-0
-0
0
200
0.87
1
Other Current Liabilities
2.88
3.2
10.93
16.68
19.45
24.01
16.47
31.77
43.16
69.76
70.72
76.98
118
117
203
5.18
3.44
Total Current Liabilities
0.12
0.21
2.05
--
--
--
--
--
8
--
--
--
22.25
32.45
--
--
--   Long-Term Debt
--
--
--
--
--
--
--
--
--
15.63
16.72
14.49
17.51
--
--
0.11
--   Long-Term Capital Lease Obligation
0.12
0.21
2.05
--
--
--
--
--
8
15.63
16.72
14.49
39.77
32.45
--
0.11
-- Long-Term Debt & Capital Lease Obligation
-0.62
-0.77
0.32
0.27
0.09
0.09
0.05
0.08
0.24
0.3
0.28
0.33
3.64
-0.42
-0.01
0.21
0
Debt-to-Equity
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
7.01
NonCurrent Deferred Liabilities
0
0
-0
--
--
--
--
--
--
7.96
--
--
-0
-0
0.85
1.91
-0
Other Long-Term Liabilities
0.12
0.21
2.05
--
--
--
--
--
8
23.58
16.72
14.49
39.76
32.45
0.85
2.02
7.01
Total Long-Term Liabilities
3
3.4
12.98
16.68
19.45
24.01
16.47
31.77
51.16
93.35
87.44
91.47
158
150
204
7.2
10.44
Total Liabilities
0.03
0.03
0.22
0.02
0.02
0.03
0.03
0.03
0.03
0.03
0.03
0
0.01
0.03
0.03
0.05
0.07
Common Stock
--
--
--
0
0
0
0
--
--
--
--
--
--
--
--
--
-- Preferred Stock
-17.2
-18.67
12.46
22.47
30.24
51.42
64.62
82.79
94.96
103
106
100
-2.35
-188
-213
-124
-136
Retained Earnings
0.14
0
2.88
4.57
4.49
7.82
14.09
14.5
19.36
19.35
13.07
-70.58
-94.14
-8.96
12.99
-0.4
-0.79
Accumulated other comprehensive income (loss)
15.94
16.9
10.68
14
26.7
59.19
59.19
59.19
59.19
59.19
59.19
105
109
106
108
134
221
Additional Paid-In Capital
0
-0
-0
--
--
0
0
-0
-0
-0
0
-0
--
0
--
-0
0
Other Stockholders Equity
-1.09
-1.74
26.25
41.06
61.45
118
138
157
174
181
178
135
12.61
-91.28
-92.44
8.78
83.91
Total Stockholders Equity
--
--
7.38
1.55
2.76
4.73
5.9
6.94
8.42
4.69
4.9
35.16
20.34
4.6
4.36
-0.05
-0.23
Minority Interest
-1.09
-1.74
33.63
42.61
64.21
123
144
163
182
186
183
170
32.95
-86.68
-88.08
8.73
83.68
Total Equity
-0.57
-1.04
0.56
0.69
0.73
0.81
0.86
0.8
0.74
0.65
0.66
0.52
0.07
-1.45
-0.8
0.55
0.89
Equity-to-Asset
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Valuation Ratios



Valuation Ratios

Sep05
Sep06
Sep07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
TTM Fiscal Period
At Loss
At Loss
At Loss
6.7
4.9
5.05
3.72
2.97
3.8
3.25
6.18
At Loss
At Loss
At Loss
At Loss
0.95
At Loss PE Ratio
At Loss
At Loss
At Loss
6.7
4.9
5.05
3.72
2.97
3.8
3.25
6.18
At Loss
At Loss
At Loss
At Loss
At Loss
At Loss PE Ratio without NRI
--
--
--
5.12
--
49.6
2.62
4.53
9.64
--
0.24
--
--
--
--
1.41
-- Price-to-Owner-Earnings
--
--
0.03
1.36
1.2
1.01
0.35
0.34
0.27
0.14
0.1
0.2
1.78
--
--
10.74
1.02
PB Ratio
--
--
0.03
1.61
1.35
1.07
0.35
0.34
0.27
0.14
0.1
0.2
1.78
--
--
10.74
1.27
Price-to-Tangible-Book
--
--
0.73
6.64
26.67
35.91
2.73
4.92
--
--
0.18
--
0.99
--
--
--
-- Price-to-Free-Cash-Flow
--
--
0.73
5.15
23.03
10.05
1.91
2.73
1.87
6.23
0.17
--
0.99
--
--
--
-- Price-to-Operating-Cash-Flow
0.35
0.27
--
1.61
1.3
1.15
0.59
0.53
0.59
0.26
0.21
0.75
2.23
15.25
15.52
209
5.78
PS Ratio
0.53
0.56
--
1.28
1.14
0.92
-0.01
-0.05
0.38
0.61
0.27
3.04
8.03
69.23
21.62
232
2.4
EV-to-Revenue
6.04
5.18
47.95
3.39
2.68
2.47
-0.03
-0.16
1.19
2.62
1.21
13
-0.86
-0.33
-1.92
-2.92
-1.02
EV-to-EBITDA
-19.34
-12.77
-47.41
3.86
2.91
2.65
-0.04
-0.19
1.5
3.46
2
39.85
-0.85
-0.33
-1.92
-2.9
-1.02
EV-to-EBIT
-5.17
-7.83
-2.11
25.91
34.36
37.74
-2500
-526
66.67
28.9
50
2.51
-118
-303
-52.08
-34.48
-98.04
Earnings Yield (Joel Greenblatt) %
--
-5.93
-9.49
-28.53
-27.23
8.74
144
-8.08
-1.84
-33.6
50.55
-24.01
--
--
--
--
-98.83
Forward Rate of Return (Yacktman) %
--
--
--
--
--
--
--
--
--
--
--
--
2.62
2.1
--
--
-- Shiller PE Ratio

Valuation and Quality

Sep05
Sep06
Sep07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
TTM Fiscal Period
2.13
1.3
0.86
55.68
73.97
119
47.78
53.86
46.66
25.99
18.47
26.8
22.39
18.92
15.21
94.1
85.48
Market Cap
2.69
2.55
12.61
53.21
67.75
85.58
-0.76
-5.1
29.67
60.54
23.59
105
84.04
61.55
20.34
86.12
32.86
Enterprise Value
296
158
98.62
30
32.96
37.2
14.88
16.16
14
7.8
5.44
6.6
4.17
0.61
0.45
1.88
1.22
Month End Stock Price
-400
-402
-1859
-1.59
-3.48
6.42
12.08
11.66
2.19
-21.87
-12.47
-30.9
-32.31
-4.96
-6.16
0.05
0.61
Net Cash per Share
-213
-262
-286
6.4
11.71
23.01
25.43
28.78
16.65
1.97
6.09
-6.16
-21.62
-4.19
-3.2
0.17
0.95
Net Current Asset Value
-273
-314
-820
3.6
6.77
18.01
21.44
23.88
10.54
-6.28
-0.9
-29.17
-29.71
-4.96
-6.16
0.05
0.71
Net-Net Working Capital
--
-1973
1025
19.63
27.55
35.97
49.32
58.92
46.41
27.48
73.03
28.35
1.86
-4.04
-5.34
0.73
1.1
Intrinsic Value: Projected FCF
--
--
--
--
--
--
--
--
14.25
16.48
14.09
4.95
1.24
0.07
0.02
0.01
0.12
Median PS Value
--
--
--
43.38
60.8
75.97
62.17
75.82
65.66
54.22
32.22
--
--
--
--
--
-- Graham Number
-3526
-5590
-7283
-122
11.93
19.5
34.51
54.84
5.53
-21.49
-11.94
-35.93
8.24
-48.57
-40.8
-66.57
-61.41
Earnings Power Value (EPV)
-11.22
-17.18
0.19
4.25
4.83
5.47
3.9
3.22
2.11
1.39
1.33
0.99
-1.94
-15.73
-3.89
-9.3
2.83
Altman Z-Score
5
2
4
8
4
5
6
7
5
4
5
1
2
1
6
4
4
Piotroski F-Score
-0.87
-5.42
13.24
7.9
-0.84
-1.66
-3.1
-2.65
5.73
-1.61
-4.72
-3
2.09
-10000k
-4.51
26.05
22.37
Beneish M-Score
-0.58
-0.26
22.82
0.83
0.93
1.01
0.61
0.61
0.8
0.93
0.66
0.79
0.28
-0.26
-1.39
0.01
0.38
Scaled Net Operating Assets
-31.43
-70.03
-10.02
6.99
21.46
12.56
0.1
3.7
20.28
15.85
-29.77
19.18
--
--
-12.97
606
-16.14
Sloan Ratio %
0.51
0.39
1.63
1.81
2.49
4.27
6.31
4.24
2.67
1.5
1.6
1.32
0.53
0.21
0.49
2.99
22.29
Current Ratio
0.44
0.25
1.23
1.69
2.24
4.05
5.94
4.01
2.56
1.44
1.55
1.28
0.51
0.21
0.49
2.99
22.29
Quick Ratio
0.04
0.03
0.37
0.92
0.74
2.06
3.71
2.44
1.55
0.36
0.71
0.01
0.04
--
--
1.89
15.42
Cash Ratio
N/A
N/A
N/A
14.28
25.58
39.8
23.46
30.49
9.82
3.7
2.95
1.36
--
--
--
--
-- Interest Coverage
631
710
237
118
78
58
41.28
17.36
22.4
16.56
12.24
18.22
7.07
5.19
2.05
3.08
11.29
Highest Stock Price
197
78.9
43.39
14.4
20.72
32.64
13.52
10.64
13.84
6.8
4.05
1.7
1.35
0.54
0.44
0.52
1.19
Lowest Stock Price
-10.09
-14.58
-6.06
-21111
-20.91
-43.1
--
-3.78
--
--
-1.88
-19.61
-32.24
-478
-9.01
-48.04
-66.99
Shares Buyback Ratio %
-4.69
--
--
-5.59
-10.53
-22.61
--
--
--
--
--
87.79
-14.9
-0.82
--
-10.9
-92.14
Buyback Yield %
49.71
-32.4
-100
--
36.23
27.25
-21.93
21.82
-22.83
25.42
-13.29
-66.06
-78.61
-97.86
-27.5
-68.97
1219
YoY Rev. per Sh. Growth
98.27
--
-84.82
101
50
9.52
-45.65
36
-32.35
-34.78
-63.33
-260
-1397
62.81
89.81
346
-146
YoY EPS Growth
101
-16.91
-52.58
-75.99
54.17
11.03
-40.99
33.51
-20.86
-7.42
-16.5
-64.64
-959
51.27
96.13
-107
-7.4
YoY EBITDA Growth
--
--
--
--
--
--
--
--
-4.41
-13
-7.95
-14.46
--
--
--
--
-- 5-Year EBITDA Growth Rate
0.01
0.01
0.01
1.85
1.92
2.71
3.21
3.26
3.33
3.33
3.35
3.93
4.86
21.64
32
38.06
66.46
Shares Outstanding (Basic Average)
0.01
0.01
0.01
1.86
2.24
3.21
3.21
3.33
3.33
3.33
3.4
4.06
5.37
31.02
33.81
50.05
70.07
Shares Outstanding (EOP)
--
--
-1.47
-0.51
0.01
-0.01
0.85
0.85
1.22
0.6
0.43
4.24
4.65
5.56
1.89
1.47
0.91
Beta
11/14/08
03/31/09
03/31/10
04/01/11
03/28/12
03/29/13
03/31/14
03/31/15
11/28/16
04/17/17
04/16/18
09/03/19
06/02/20
04/15/21
  Filing Date
11/14/08
03/31/10
04/01/11
03/28/12
09/30/13
03/31/14
03/31/15
11/28/16
04/17/17
04/16/18
09/03/19
06/02/20
04/15/21
04/15/21
  Restated Filing Date
04/02/13
04/02/14
04/01/15
04/17/17
03/26/21
03/26/21
  Earnings Release Date
--
--
85
87
85
76
72
71
71
69
66
66
80
79
74
--
-- Number of Shareholders
42
42
--
452
453
460
512
657
830
510
345
252
208
90
223
32
32
Number of Employees
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  Dec 06, 2021
Future FinTech Group Inc (NAS:FTFT)
www.gurufocus.com/stock/NAS:FTFT

Explanation

1. Predictability Rank

GuruFocus Predictability Rank is a proprietary ranking of the consistency of a business. We rank the predictability of companies based on the consistency of their revenue per share and EBITDA (earnings before interest, tax, depreciation and amortization) per share over the past 10 fiscal years. Our study found that there is a strong correlation between the stock performance and the predictability of a business. Over the long term, companies with higher predictability also have better stock performance.

The rank is from 1-star to 5-star, with 5-star as the best.

2. Financial Strength

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

  1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
  2. Debt to revenue ratio. The lower, the better.
  3. Altman Z-Score.

The rank is from 1 to 10, with 10 as the highest.

A Financial Strength rank of 8 or above indicates good financial strength; between 4-7 indicates fair financial strength; 3 or below means poor financial strength.

3. Profitability Rank

GuruFocus Profitability Rank indicates how profitable a company is and how likely it is that the company's business will stay that way. It is based on these factors:

  1. Operating Margin %.
  2. Piotroski F-Score.
  3. Trend of the Operating Margin percentage (five-year average). A company with an uptrend in profit margin will have a higher rank.
  4. Consistency of the profitability.
  5. Predictability Rank.

The rank is from 1 to 10, with 10 as the highest.

A Profitability Rank of 8 or above indicates good profitability; between 4-7 indicates fair profitability; 3 or below means poor profitability.

4. Peter Lynch Chart

In Peter Lynch's excellent book, "One Up on Wall Street," he used many charts to illustrate the valuation of stocks. “A quick way to tell if a stock is overpriced is to compare the price line to the earnings line. If you bought familiar growth companies – such as Shoney’s, The Limited, or Marriott – when the stock price fell well below the earnings line, and sold them when the stock price rose dramatically above it, the chances are you’d do pretty well.”

The original Peter Lynch Chart does have limitations due to the right side price scale is pre-set at 15 times the earnings scale on the left side. When the stock price and earnings line coincide, the price-to-earnings ratio is always 15 times. Instead of using the fixed PE Ratio of 15, our approach is using 15-year historical median PE without NRI Ratio for each stock.

The Peter Lynch Chart with earnings line at median PE without NRI ratio works well for the companies with steady growth and earnings trends, or the stalwarts, as coined by Lynch. These companies tend to be found in sectors such as consumer staples, healthcare, and utilities, where the consumption of the product or service is relatively independent of economic conditions. It does not work well with the sectors that are cyclical: industrials, chemicals, durable goods, and so forth.

5. GF Value

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

  1. Possible Value Trap, Think Twice
  2. Significantly Overvalued
  3. Modestly Overvalued
  4. Fairly Valued
  5. Modestly Undervalued
  6. Significantly Undervalued
There is only a sufficient margin of safety when the stock is undervalued.

Disclaimer

GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.