Baidu Inc ADR (BIDU)

August 12th, 2016 Posted by Investing in Stocks No Comment yet

baidu stock

Baidu is a Chinese language internet search engine and the company is growing fast. Baidu’s users have reached 686 million as of January 2016 and it is also the world’s largest internet users. Baidu Inc was incorporated on January 18, 2000, and headquartered in Beijing, China. The company was founded by Robin Yanhong Li, an internet pioneer, and creator of visionary search technology Rankdex, a hyperlink analysis, and Eric Yung Xu in 1999. The company provides internet information and services in Chinese language only. In this post, we focus on the financial statements and ratios of Baidu stock.

The Simple Financial Statement Analysis

A. Baidu Stock Cash Flow

CNY Billion Net Cash Provided by Operating Activities Net Cash Used for Investing Activities Net Cash Provided by Financing Activities Capital Expenditure
2010-12 4,700 -1,218 125 -976
2011-12 8,179 -14,251 2,426 -2,342
2012-12 11,996 -13,750 9,519 -2,566
2013-12 13,793 -23,323 7,542 -3,681
2014-12 17,937 -22,468 8,612 -6,395
2015-12 19,422 -31,272 7,778 -7,774

Facts:

  • The cash from operating activities was up 313 percent due to increase in net income.
  • Net cash used for investing activities is the purchase of properties and equipment and also purchased of business.
  • The net cash provided by financing activities was positive due to significant debt issued.
  • Capital expenditures are the investment in properties and also purchases of intangibles.

B. Baidu Stock Balance Sheet

Working Capital Total Current Assets Total Assets Total Current Liabilities Total Liabilities Total Equity Total Debt
2010-12 6,231 8,782 11,048 2,552 2,643 8,406 86
2011-12 11,442 15,848 23,341 4,407 8,049 15,292 2,450
2012-12 26,438 34,674 45,669 8,237 19,614 26,055 11,864
2013-12 31,996 43,029 70,986 11,033 32,561 38,425 17,573
2014-12 45,570 65,841 99,662 20,271 48,136 51,526 25,767
2015-12 52,131 78,234 147,853 26,103 67,598 80,256 35,017

Facts:

  • Working capital is increasing year-over-year and has grown 737 percent in five years.
  • The current assets ratio is 3, therefore, Baidu is capable of paying its short-term financial obligations when due date comes.
  • The total equity growth was 90 percent in five years due to increased in net income.
  • Baidu’s total debt is trending up year-over-year,
  • Total debts are the sum of short-term and long-term liabilities.
  • Short-term liabilities are obligations payable within one year while long-term are obligations payable more than one year.

C. Baidu Stock Income

Operating Income Sales, General and Administrative Net Income Intrinsic Value (whole company) Market Cap
2010-12 3,959 1,089 3,525 50,047 0
2011-12 7,577 1,693 6,639 65,688 40,664
2012-12 11,051 2,501 10,456 82,075 35,067
2013-12 11,192 5,174 10,519 194,982 62,312
2014-12 12,804 10,382 13,187 215,917 80,032
2015-12 11,672 10,382 33,664 81,108 96,088

Facts:

  • The operating income growth was 195 percent in six years.
  • The net income has grown 855 percent in six years.
  • The market price is lower than its intrinsic value in 2011 to 2014, therefore, indicating a good opportunity for Buy.
  • The market price is less than the intrinsic value on 2010 to 2014.

 

D. Baidu Stock Ratios

Net Margin % Return on Assets % Return on Equity % Asset Turnover (average) Financial Leverage (average) Debt to Equity %
2005-12 -21.9 -1.27 -1.77 0.06 1.13 0
2006-12 36.02 21.52 25.55 0.60 1.23 0
2007-12 36.06 29.09 37.23 0.81 1.31 0
2008-12 36.02 9.15 11.81 0.25 1.28 0
2009-12 32.77 20.77 26.73 0.63 1.3 0
2010-12 44.54 40.98 53.58 0.92 1.31 0.01
2011-12 45.78 38.61 56.03 0.84 1.53 0.15
2012-12 46.88 30.3 50.58 0.65 1.75 0.37
2013-12 32.93 18.03 32.63 0.55 1.85 0.45
2014-12 26.88 15.46 29.32 0.57 1.93 0.46
2015-12 50.22 26.94 50.59 0.54 1.84 0.42

Facts:

  • Net margin increased by 87 percent in 2015 because net income has increase also.
  • Return on equity is averaging 37 percent in the last 10 years
  • Return on assets is net income divided by average total assets, furthermore, Baidu earns 27 percent using its assets.
  • Financial leverage is 184 percent in 2015, therefore, shareholders’ equity is less 184 percent than assets.

 

Overview

The cash flows of Baidu are impressive, also Baidu stock is profitable in the last five years. Furthermore, BIDU is financially stable and a healthy company.

 

Wikipedia on please clicks Baidu. If you like to read our past post on Baidu click here.

 

Research and Written by Criselda

Twitter: criseldarome

 

 

AVG Technologies MV (AVG)

August 1st, 2016 Posted by Investing in Stocks No Comment yet

AVG stock analysis is the focus of this article. Our method is the graph analysis. The four graphs are the cash flows, balance sheet, income, and the financial ratios. In addition,  the corresponding facts that we have provided made it easy to understand the financial statement.  As a result. and most of all, serve as a very reliable source for beginners in investing.

Company Profile

AVG stock

AVG Technologies is a security software company. AVG is listed on the New York Stock Exchange under the ticker symbol AVG.  This company is founded in Brno, the Czech Republic in 1991 by  Jan Gritzbach and Tomáš Hofer. Headquartered in Amsterdam, Netherlands. Also, the company operates 14 offices in Europe, North America, the Middle East, Asia, and Australia. Furthermore, AVG has more than 200 million users globally.

The Simple Financial Statement Analysis  

 

A. AVG Stock Cash Flow

Net cash provided by operating activities  Net cash used in investing activities Net cash provided by (used for) financing activities Capital expenditure
2010-12 87,911 -15,340 -54,367 -11,555
2011-12 82,911 -69,544 -15,329 -11,327
2012-12 119,306 -30,242 -100,325 -17,831
2013-12 145,204 -39,755 -114,295 -16465
2014-12 108,807 -165,003 153,762 -17,142
2015-12 99,673 -209,745 206,188 -19,932

Facts

  • Cash provided by operating activities are the cash inflows and cash outflows in its main activities.
  • The cash from investing activities are cash used in the investment of properties and equipment.
  • Another, it is used for acquisitions and other activities like gain or loss relating to capital investment.
  • Cash in financing activities is debt repayments, common stock repurchases and also, dividends payments.

B. AVG Stock Balance Sheet

Working Capital Working capital less inventory Total current assets Total assets Total current liabilities Total liabilities Total equity Total debt
2010-12 -34,000 -34,523 111,746 175,957 145,980 368,671 -192,714 1,050
2011-12 -101,000 -101,883 122,538 311,635 223,409 633,914 -322,279 184,315
2012-12 -102,000 -102,702 121,895 323,466 224,087 346,036 -22,570 85,005
2013-12 -120,000 -121,017 110,581 306,782 230,149 297,616 9,166 30,000
2014-12 -44,000 -45,030 211,268 647,089 255,652 609,392 37,157 222,625
2015-12 -44,000 -45,030 227,401 681,611 255,652 590,993 90,618 222,625

Facts:

  • Current assets is one-third of the total assets, while non-current is two-thirds of the total assets.
  • Total assets have grown 287 percent in six years, in other words, assets have grown favorably in 5 years.
  • The current liabilities is higher by 12 percent than total current assets.
  • Stockholders’ equity is lesser than the liabilities, the company is using more on debt than the shareholders’ investment.

C. AVG Stock Income

Operating Income Selling, General & Adm Exp Net Income Key Executive Compen-sation CEO CFO Intrinsic Value (entire company) Market Cap
2010-12 66 99 58 0 0 0 0 0
2011-12 69 138 100 0.7 0 0.7 0 0
2012-12 80 166 46 0.7 0 0.7 0 0
2013-12 110 167 64 4 3 1 0 915
2014-12 79 173 54 9 7 2 718 1019
2015-12 75 201 49 0 0 0 4549 1035
ttm 75 201 49 0 0 0 2968 1252

Facts:

  • Operating expenses represent 67 percent of the total revenue.
  • Operating expenses are expenses such as, selling, general and administrative, also, research and development.
  • The operating income is earnings after deducting operating expenses from gross profit.
  • Net income was down by 51 percent in five years. 
  • Total key executive compensation is 17 percent of the net earnings.
  • The increased is more than 100 percent in one year for the total key executive compensation.

D. AVG Stock Ratios

Net Margin % Return on Assets % Return on Equity % Asset Turnover (Average) Financial Leverage (Average) Debt to Equity
2010-12 17.51 23.79 0 1.36 0 -0.01
2011-12 24.12 26.95 0 1.12 0 -0.7
2012-12 12.87 14.43 0 1.12 0 -4.31
2013-12 15.65 20.22 0 1.29 33.47 3.27
2014-12 14.41 11.30 232.68 0.78 17.42 6.05
2015-12 10.97 7.07 73.51 0.64 7.52 2.47

Facts:

  • Net margin has a negative growth of 37 percent in five years, yet it yields 11 percent earnings in 2015.
  • Return on equity fell 68 percent in one year due to the decrease in net income.
  • The return on assets falls 70 because net earnings fell also, therefore, the ratio has fell.
  • The company is using more debt than investor’s investment. 

 

In Conclusion,

AVG stock is undervalued, therefore, it might be a good opportunity for Buying. In addition, AVG has not suffered any negative net earnings in the past six years.  Furthermore, the return on equity is impressive at 74 percent. 

 

Researched and Written by Criselda

Twitter: criseldarome

 

 

Wikipedia on please clicks AVG.

 

 

 

 

QIWI Plc (ADR)

July 22nd, 2016 Posted by Investing in Stocks No Comment yet

QIWI stock analysis is the focus of this article. Our method is the graph analysis. The four graphs are the cash flows, balance sheet, income, and also the financial ratios. In addition,  the corresponding facts that we have provided made it easy to understand the financial statement.  As a result. and most of all, serve as a very reliable source for beginners in investing.

Company Profile 

QIWI stockQiwi Plc (ADR) (QIWI) incorporated on February 26, 2007, with the main office based in Moscow. The company provides electronic online payment systems in Russia and the Commonwealth of Independent States (CIS) in physical, online and mobile channels. In addition, the company had several bank subsidiaries like QIWI Bank (JSC), JSC QIWI and others.

Simple Financial Statement Analysis on QIWI Stock

 

A. QIWI Stock Cash Flow

Net cash provided by operating activities Net cash used in investing activities Net cash provided by (used for) financing activities Capital expenditures
2011-12 2,048,804,000 339,365,000 -471,936,000 -138,847,000
2012-12 3,499,154,000 -1,499,154,000 -871,152,000 -77,816,000
2013-12 4,725,176,000 -1,200,580,000 -1,846,445,000 -375,208,000
2014-12 4,755,176,000 1,602,400,000 179,280,000 -512,562,000
2015-12 -1,006,808,000 3,556,360,000 1,892,854,000 -309,719,000
ttm -1,006,808,000 3,556,360,000 -1,892,854,000 -309,719,000

Facts:

  • Cash provided by operating activities decreased 121 percent due to a significant amount of other operating expenses.
  • Net cash used for investing activities were up by 122 percent because there were acquisition and dispositions.
  • The cash provided by financing activities had a significant dividend payment and also repayment of debt hence, making it negative.

B. QIWI Stock Balance Sheet

Working Capital Total Current Assets Total Assets Total Current Liabilities Total Liabilities Total Equity Total Debt
2011-12 -665,000,000 12,449,216,000 15,305,622,000 5,323,635,000 12,863,723,000 2,441,899,000 190,013,000
2012-12 -477,000,000 14,302,635,000 18,708,774,000 6,316,017,000 16,160,620,000 2,548,154,000 64,867,000
2013-12 -1,411,000,000 15,822,943,000 20,664,581,000 5,457,861,000 17,865,955,000 2,798,626,000 109,986,000
2014-12 3,535,000,000 24,157,829,000 30,050,122,000 21,460,066,000 8,573,755,000 43,042,000
2015-12 9,014,000,000 23,314,812,000 41,577,495,000 8,871,328,000 22,422,849,000
ttm 9,014,000,000 23,314,812,000 41,577,495,000 8,871,328,000 22,422,849,000

Facts:

  • Current assets ratio is 2.63, therefore, it indicates that QIWI is capable of paying its short-term debt.
  • Total assets growth was 172 percent in five years, in addition, cash represents 47 percent of total assets.
  • The liabilities is 46 percent and total stockholders’ equities are 54 percent of total liabilities and stockholders’ equity.

C. QIWI Stock Income

Operating Income Selling, General, Administrative Expenses Net Income Intrinsic Value (whole company) Market Cap
2011-12 6,473,811,000 1,176,340,000 519,993,000
2012-12 6,939,954,000 1,198,580,000 910,138,000
2013-12 8,939,753,000 1,627,776,000 1,873,226,000 491,920,000
2014-12 11,283,150,000 2,215,625,000 5,024,140,000 1,173,420,000 1,100,000,000
2015-12 13,559,262,000 2,441,301,000 5,187,414,000 4,079,140,000 1,085,000,000
ttm 13,585,262,000 772,666,000 4,591,414,000 745,000,000

Facts:

  • Total operating income was up by 20 percent.
  • The net income has 898 percent growth in five years because the gross revenue also increased.
  • QIWI stock price is less than intrinsic value, therefore, undervalued, hence, indicating that QIWI can be a good candidate for Buy.

D. QIWI Stock Ratios

Net Margin % Return on Assets% Return on Equity % Asset Turnover (Average) Leverage (Average) Debt to Equity %
2011-12 6.37 3.61 21.9 0.57 6.27 0.08
2012-12 10.21 5.35 36.48 0.52 7.34 0.03
2013-12 16.06 9.52 70.07 0.59 7.38 0.04
2014-12 34.13 19.81 88.36 0.58 3.5 0.01
2015-12 29.28 14.48 33.47 0.49 1.85 0
ttm 25.64 16.14 29.96 0.63 1.67 0

Facts:

  • The net margin has grown 360 percent in the last five years.
  • The average return on equity was 50 percent.
  • QIWI has no total debt.
  • Total debts are short-term obligations plus long-term obligations.

 

In conclusion,

QIWI stock has a sound balance sheet and is also a profitable company. Furthermore, the net income has an impressive growth of 898 percent, hence total revenue is also increasing yearly.

 

Wikipedia on please clicks QIWI If you like to read our past post on the list  about QIWI click here.

 

Research and Written by Criselda

Twitter: criseldarome

 

 

 

Michael Kors Holdings Ltd (KORS)

July 15th, 2016 Posted by Investing in Stocks No Comment yet

KORS stock analysis is the focus of this post. Our method is the graph analysis. These are the graphs of cash flows, balance sheet, income, and the financial ratios. In addition,  the corresponding facts that we have provided made it easy to understand the financial statement.  As a result. and most of all, serve as a very reliable source for beginners in investing.

KORS Company Profile

KORS stockMichael Kors Holdings Limited (KORS) is a luxury lifestyle brand company around the globe.  KORS operates its business through three segments, the retail, wholesale and licensing. In addition, the company has a distribution network in other parts of the globe. The company-operated retail stores, leading department stores, specialty stores and select licensing partners.  Furthermore, KORS offers two significant collections, the Michael Kors luxury collection and the MICHAEL Michael Kors accessible luxury collection.

 

Simple Financial Statement Analysis on KORS

A. Kors Stock Cash Flow

Net cash provided by operating activities Net cash used in investing activities Net cash provided by (used for) financing activities Capital expenditure
3/1/2011 110 -58 -38 -58
3/1/2012 115 -88 59 -88
3/1/2013 356 -139 151 -130
3/1/2014 632 -216 71 -214
3/1/2015 858 -388 -435 -385
ttm 1,110 -373 1,022 -376

Facts:

  • Net cash in operating activities grew 70 percent.
  • Investments in property, plant and equipment were used for cash from investing activities. 
  • Common stock repurchases at $1.04 billion were used for cash in financing activities.
  • Capital expenditures are investment in property plant and equipments.

B. Kors Stock Balance Sheet

Working Capital Total current assets Total assets Total current liabilities Total liabilities Total equity Total debt
3/1/2011 118 245 399 128 274 125 115
3/2/2012 299 464 674 165 218 456 23
3/1/2013 825 989 1,290 164 242 1,047 0
3/1/2014 1,469 1,777 2,217 308 351 1,806 0
3/1/2015 1,687 2,017 2,692 330 563 2,241 0

Facts:

  • Working capital increased by 106 percent in five years.
  • Current assets increase due to its cash,  receivable and inventories.
  • Assets were increasing yearly, due to investment in properties, plant, and equipment.
  • Current liabilities are financial obligations payable within one year.
  • Total equity increases mainly because of increased in retained earnings. 
  • KORS is capitalizing almost on its stockholders’ equity, consequently, the company is not using borrowed money on their operation.

C. Kors Stock Income Statement

Operating Income Sales, General and administrative Net Income Intrinsic value (whole company) Market Cap
3/1/2011 137 280 73 0 0
3/1/2012 248 465 147 0 10,220
3/1/2013 630 622 398 19,584 16,553
3/1/2014 1,009 927 661 35,185 15,097
3/1/2015 1,391 1,251 881 34,989 7,187
ttm 1,503 1,339 853 18,598 10,165

Facts:

  • The operating income grew 773 percent in five years due to KORS capability of generating more revenue.
  • Selling, general and administrative expenses are gradually increasing yearly because of increase revenue, therefore, expenses increase also.
  • Net income grew 1,070 percent in five years due to increase in revenue.

D.  Kors Stock Ratios

Net Margin % Return on Assets % Return on Equity % Asset Turnover (Average) Financial Leverage (Average) Debt to Equity %
 3/1/2011 7.08 14.24 45.39 2.01 3.19 0.81
3/1/2012 9.69 23.49 43.38 2.43 1.48 0
3/1/2013 18.22 40.49 52.89 2.22 1.23 0
3/1/2014 19.98 37.73 46.37 1.89 1.23 0
3/1/2015 20.15 35.90 43.54 1.78 1.2 0
ttm 18.92 33.42 41.36 1.77 1.28 0

Facts:

  • Net margin was up at 15 percent and reverted by 6 percent in the trailing twelve months.
  • The return on assets is averaging 30.37 percent while the trailing twelve months ratio is 33.42.
  • Return on equity is averaging 46.31 percent while the trailing twelve months ratio is 41.36.
  • Debt to equity is zero since KORS has no debt.

 

In Conclusion,

Michael Kors stock analysis indicates that the company is sound and stable, furthermore, its historical financial records show that management is efficient in generating sufficient revenue.

 

Researched and Written by Criselda

Twitter: criseldarome

 

 

 

 

 

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