Yuanbao Inc. (NASDAQ: YB)

Sector: Technology Industry: Software - Application CIK: 0001995520
Market Cap 336.98 Mn
P/B 0.00
P/E 5.64
P/S 0.75
ROIC (Qtr) 0.00
Div Yield % 0.00
Rev 1y % (Qtr) 33.59
Total Debt (Qtr) 1.62 Mn
Debt/Equity (Qtr) 0.00

About

Price action

Investment thesis

Bull case

  • Healthy cash reserves of 132.12M provide 91.57x coverage of short-term debt 1.44M, demonstrating strong liquidity position and minimal refinancing risk.
  • Strong tangible asset base of 589.59M provides 363.23x coverage of total debt 1.62M, indicating robust asset backing and low credit risk.
  • Tangible assets of 589.59M provide exceptional 43.20x coverage of deferred revenue 13.65M, showing strong service capability backing.
  • Long-term investments of 7.33M provide solid 40.63x coverage of long-term debt 180337.08, indicating strategic financial planning.
  • Short-term investments of 387.23M provide solid 2.34x coverage of other current liabilities 165.56M, indicating strong liquidity.

Bear case

  • Operating cash flow of 0 provides insufficient coverage of deferred revenue obligations of 13.65M, which is 0x, raising concerns about future service delivery capabilities.
  • Retained earnings of (3668.22B) provide limited buffer against comprehensive income items of 19.03B, which is -192.81x, indicating elevated exposure to market risks.
  • Short-term investments of 387.23M represent 0.95x of working capital 406.35M, suggesting potentially excessive financial asset allocation versus operational needs.
  • Long-term investments of 7.33M represent a high 2.86x of fixed assets 2.56M, indicating potential overexposure to financial assets versus operational capabilities.
  • Tax assets of 1.65M provide limited offset against tax liabilities of 14.89M, which is 0.11x, indicating potential future cash flow pressure from tax obligations.

Peer comparison

Companies in the Software - Application
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 SAP Sap Se 288.31 Bn 34.60 6.72 10.73 Bn
2 CRM Salesforce, Inc. 248.32 Bn 34.38 6.16 11.14 Bn
3 SHOP Shopify Inc. 212.27 Bn 119.19 19.85 1.12 Bn
4 INTU Intuit Inc. 180.73 Bn 43.89 9.30 6.78 Bn
5 UBER Uber Technologies, Inc 178.38 Bn 10.72 3.60 12.19 Bn
6 NOW ServiceNow, Inc. 146.98 Bn 84.91 11.60 2.40 Bn
7 ADBE Adobe Inc. 144.48 Bn 20.77 6.23 6.64 Bn
8 ADP Automatic Data Processing Inc 108.20 Bn 26.16 5.18 9.77 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 0.00 2.65
EV to Cash from Ops. EV to Cash from Ops. 0.00 13.37
EV to Debt EV to Debt 0.00 57.69
EV to EBIT EV to EBIT 0.00 19.12
EV to EBITDA EV to EBITDA 0.00 15.00
EV to Free Cash Flow [EV/FCF] EV to Free Cash Flow [EV/FCF] 0.00 14.69
EV to Market Cap EV to Market Cap 0.00 -92.28
EV to Revenue EV to Revenue 0.00 4.60
Price to Book Value [P/B] P/B 0.00 4.26
Price to Earnings [P/E] P/E 5.64 -136.90
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 -3.95
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 4.25
Dividend per Basic Share Div per Share (Qtr) 0.00 0.15
FCF Dividend Payout Ratio % FCF Dividend Payout Ratio % 0.00 2.52
Interest Coverage Interest Coverage 0.00 -52.32
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex Growth (1y) % 0.00 -259.78
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 0.00 9,763.58
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 1.61
EBIAT Growth (1y) % EBIAT 1y % (Qtr) 0.00 -263.15
EBITDA Growth (1y) % EBITDA Growth (1y) % 0.00 56.46
EBIT Growth (1y) % EBIT 1y % (Qtr) 0.00 -225.15
EBT Growth (1y) % EBT 1y % (Qtr) 0.00 -86.10
EPS Growth (1y) % EPS 1y % (Qtr) 0.00 123.84
FCF Growth (1y) % FCF Growth (1y) % 0.00 -36.82
Gross Profit Growth (1y) % Gross Profit 1y % (Qtr) 0.00 95.08
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.00 0.58
Cash Payout Ratio Cash Payout Ratio 0.00 0.02
Cash Ratio Cash Ratio (Qtr) 0.78 3.75
Current Ratio Curr Ratio (Qtr) 3.40 8.16
Debt to Equity Ratio Debt/Equity (Qtr) 0.00 0.17
Interest Cover Ratio Interest Cover Ratio 0.00 -52.32
Times Interest Earned Times Interest Earned 0.00 -52.32
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % 0.00 -100.06
EBIT Margin % EBIT Margin % (Qtr) 0.00 -164.24
EBT Margin % EBT Margin % (Qtr) 0.00 -116.94
Gross Margin % Gross Margin % (Qtr) 0.00 58.20
Net Profit Margin % Net Margin % (Qtr) 0.00 -121.65