Financial Snapshot

Revenue
$150.0M
TTM
Gross Margin
83.93%
TTM
Net Earnings
-$76.83M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
280.3%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$363.2M
Q2 2024
Cash
Q2 2024
P/E
-1.093
Nov 29, 2024 EST
Free Cash Flow
-$137.8M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $163.1M 114.4M cnies $28.18M $191.2M $129.5M $203.2M $165.8M $155.7M
YoY Change 42.52% 306.13% -85.26% 47.64% -36.27% 22.56% 6.49%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $163.1M 114.4M cnies $28.18M $191.2M $129.5M $203.2M $165.8M $155.7M
Cost Of Revenue $2.225M $5.051M $44.04M $31.80M $31.10M $28.80M $53.40M
Gross Profit 112.2M cnies $23.13M $147.2M $97.70M $172.1M $137.0M $102.3M
Gross Profit Margin 98.06% 82.07% 76.96% 75.44% 84.69% 82.63% 65.7%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $69.36M $21.67M $34.19M $220.3M $151.2M $116.1M $74.10M $55.10M
YoY Change 220.14% -36.63% -84.48% 45.73% 30.23% 56.68% 34.48%
% of Gross Profit 19.31% 147.84% 149.73% 154.76% 67.46% 54.09% 53.86%
Research & Development 17.44M cnies 11.31M cnies 1.147M cnies
YoY Change 54.24% 886.05%
% of Gross Profit 15.55% 48.9% 0.78%
Depreciation & Amortization 8.368M cnies 3.545M cnies 5.603M cnies $3.769M $2.370M $1.740M $1.860M $1.660M
YoY Change 136.05% -36.73% 48.66% 59.03% 36.21% -6.45% 12.05%
% of Gross Profit 3.16% 24.23% 2.56% 2.43% 1.01% 1.36% 1.62%
Operating Expenses $69.36M $39.11M $45.50M $220.3M $151.2M $116.1M $74.10M $55.10M
YoY Change 77.35% -14.04% -79.35% 45.73% 30.23% 56.68% 34.48%
Operating Profit -$63.40M -$8.109M -$11.06M -$73.18M -$53.50M $56.00M $62.90M $47.20M
YoY Change 681.9% -26.7% -84.88% 36.79% -195.54% -10.97% 33.26%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Interest Expense $22.15M $7.474M $12.82M $12.50M $5.100M $8.800M -$500.0K
YoY Change 196.39% -41.69% 2.54% 145.1% -42.05% -1860.0%
% of Operating Profit 9.11% 13.99% -1.06%
Other Income/Expense, Net -$5.124M $228.0K $752.0K $4.690M $5.100M $300.0K $200.0K $800.0K
YoY Change -2347.37% -69.68% -83.97% -8.04% 1600.0% 50.0% -75.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Pretax Income -498.0M cnies -$4.826M -$9.195M -$55.67M -$35.90M $61.40M $71.90M $47.50M
YoY Change 10219.21% -47.51% -83.48% 55.08% -158.47% -14.6% 51.37%
Income Tax $1.781M $1.184M -$138.0K -$9.608M -$2.400M $9.400M $8.300M $7.600M
% Of Pretax Income 15.31% 11.54% 16.0%
Net Earnings -289.7M cnies -$6.010M -$9.057M -$46.37M -$32.90M $53.50M $64.60M $37.80M
YoY Change 4719.8% -33.64% -80.47% 40.94% -161.5% -17.18% 70.9%
Net Earnings / Revenue -177.6% -5.25% -32.14% -24.25% -25.41% 26.33% 38.96% 24.28%
Basic Earnings Per Share -$1.24 -$0.07 -$0.10 -$0.51 -$0.36
Diluted Earnings Per Share -$1.26 -$0.48 -$0.67 -$512.5K -$363.5K $629.4K $695.4K $406.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $164.5M $199.3M $260.6M $289.9M $380.4M $108.2M $69.40M
YoY Change -17.46% -23.54% -10.11% -23.79% 251.57% 55.91%
Cash & Equivalents $164.5M $194.3M $260.6M $285.9M $378.4M $103.2M $55.20M
Short-Term Investments $5.000M $0.00 $4.000M $2.000M $5.000M $14.20M
Other Short-Term Assets $13.37M $124.9M $79.35M $6.600M $55.30M $12.60M $5.200M
YoY Change -89.3% 57.41% 1102.29% -88.07% 338.89% 142.31%
Inventory
Prepaid Expenses
Receivables $37.60M $59.51M $55.15M $39.80M $27.80M $30.80M $23.10M
Other Receivables $22.55M $11.09M $8.228M $57.00M $3.500M $63.00M $87.40M
Total Short-Term Assets $238.0M $394.8M $403.3M $393.2M $467.1M $214.6M $185.1M
YoY Change -39.71% -2.13% 2.58% -15.82% 117.66% 15.94%
Property, Plant & Equipment $15.17M $43.54M $41.35M $26.90M $4.000M $900.0K $1.000M
YoY Change -65.15% 5.3% 53.71% 572.5% 344.44% -10.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $2.000M $5.000M $0.00
YoY Change -100.0% -60.0%
Other Assets $16.57M $24.53M $21.63M $12.20M $5.500M $4.700M $4.000M
YoY Change -32.43% 13.4% 77.3% 121.82% 17.02% 17.5%
Total Long-Term Assets $33.54M $69.18M $64.58M $39.50M $12.30M $11.30M $6.600M
YoY Change -51.52% 7.13% 63.49% 221.14% 8.85% 71.21%
Total Assets $271.5M $463.9M $467.9M $432.7M $479.4M $225.9M $191.7M
YoY Change
Accounts Payable $6.292M $11.67M $12.30M $9.000M $5.900M $3.700M $13.10M
YoY Change -46.07% -5.13% 36.66% 52.54% 59.46% -71.76%
Accrued Expenses $13.47M $30.93M $31.56M $22.20M $7.900M $14.40M $14.50M
YoY Change -56.45% -2.01% 42.17% 181.01% -45.14% -0.69%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $31.07M $167.1M $130.3M $47.50M $75.80M $32.20M $33.10M
YoY Change -81.41% 28.27% 174.3% -37.34% 135.4% -2.72%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $23.43M $36.76M $17.31M $14.70M
YoY Change -36.25% 112.36% 17.76%
Total Long-Term Liabilities $23.43M $36.76M $17.31M $14.70M $0.00 $0.00 $0.00
YoY Change -36.25% 112.36% 17.76%
Total Liabilities $54.50M $203.9M $147.6M $64.80M $79.00M $41.10M $43.00M
YoY Change -73.27% 38.13% 127.78% -17.97% 92.21% -4.42%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 232.8M shares 90.47M shares 90.47M shares 90.47M shares 90.47M shares
Diluted Shares Outstanding 90.47M shares 90.47M shares 90.47M shares 90.47M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $83.992 Million

About Highest Performances Holdings Inc.

Puyi, Inc. engages in the provision of distribution and managing wealth management services. The company is headquartered in Guangzhou, Guangdong and currently employs 288 full-time employees. The company went IPO on 2019-03-29. The firm provides a series of comprehensive financial asset allocation services including wealth management services, asset management services, insurance consulting services, trust consulting services and ancillary services. The firm's corporate finance service business primarily includes financing solutions for corporate borrowers. These programs include product design, funding source identification and compliance and risk management. The firm's asset management business mainly includes managing two funds (FoF) and preparing new FoF and non-performing loan (NPL) funds.

Industry: Investment Advice Peers: Santech Holdings Ltd Noah Holdings Ltd Puhui Wealth Investment Management Co., Ltd.