Based in Shanghai, People’s Republic of China, Jiayin Group Inc. (JFIN) is an online individual finance platform that connects individual investors and individual borrowers. It operates a secure and open platform that facilitates transparent, secure and fast connections between investors and borrowers. On the other hand, Vinco Ventures, Inc. (BBIG) operates as a consumer product research and development, manufacturing, sales and fulfillment company. It offers toys, soft toys, housewares and electronics to retailers, distributors and manufacturers through e-commerce channels.
Even though many investors are skeptical about the true value of non-fungible tokens (NFTs), monthly sales on OpenSea reached $ 3.4 billion in August, a record high, according to data from Dune Analytics. Rock’s clip art last month sold for 400 ethers. As the volume of NFT transactions has declined this month, growing technological advancements in the crypto space and growing interest in digital collectibles are expected to drive the growth of the NFT market. Thus, the NFT JFIN and BBIG stocks should benefit.
BBIG gained 207.1% over the past month, while JFIN gained 4.2%. Additionally, BBIG’s 344% gain over the past year is significantly higher than JFIN’s 24% return. In addition, BBIG is clearly the winner with a gain of 471.3% against 2.2% for JFIN in terms of performance of the last nine months.
But which of these two titles is the best buy now? Let’s find out.
On August 25, 2021, Mr. Yan Dinggui, Founder, Director and CEO of JFIN, said, âIn the future, we will continue to expand our partnerships with more financial partners to diversify our funding resources while maintaining the excellence in our risk management. We are confident that our robust growth will maintain a positive trajectory in loan growth and that asset quality will continue going forward. “
BBIG announced the very first music streaming platform for its subsidiary Emmersive Entertainment on August 4, 2021. Company CSO Brian McFadden said: âThe launch of the Emmersive platform, led by the limited edition release of the latest album by Tory Lanez, is revolutionary. Combining this with the traffic that can be generated through Lomotif, we plan to build one of the largest NFT platforms in the music industry. “
Recent financial results
JFIN’s net revenue increased 100.9% year-on-year to $ 76.23 million for the fiscal second quarter ended June 30, 2021. Its operating profit increased 211.7% in year-on-year to reach $ 23.17 million, while its net profit grew 208.5% year-on-year. over one year to $ 19.64 million. In addition, its EPS stood at $ 0.09, up 210.5% year-over-year.
BBIG’s net revenue decreased 48% year-on-year to $ 2.69 million for the fiscal second quarter ended June 30, 2021. Its operating loss increased 311.2% year-on-year for reach $ 4.97 million, while its net loss increased 11,207% year-on-year. over one year to $ 183.67 million. In addition, its loss per share was $ 5.13, up 2,750% year-over-year.
JFIN’s last 12-month revenue of $ 244.21 million is significantly higher than BBIG’s $ 13.91 million. In addition, JFIN is more profitable with a gross profit margin of 82.46% against 32.36% for BBIG.
In addition, JFIN’s ROA of 41.17% compares favorably with the negative value of BBIG.
In terms of 12-month rolling P / S, BBIG is currently trading at 11.16x, which is 1.261% higher than JFIN’s 0.82x. Additionally, BBIG’s 12-month EV / S of 42.94x ââis 5.550% higher than JFIN’s 0.76x.
Thus, JFIN is the most affordable stock.
JFIN has an overall rating of A, which equates to a strong buy rating in our proprietary POWR rating system. On the other hand, BBIG has an overall rating of F which translates into a strong Selling Rating. POWR scores are calculated taking into account 118 different factors, each factor being weighted to an optimal degree.
JFIN has an A rating for sentiment, in line with favorable sentiment from analysts. On the other hand, BBIG has a D rating for sentiment, consistent with negative analyst sentiment.
JFIN has a B rating for stock, consistent with its last 12-month EV / S of 0.76x, 76.3% below the industry average of 3.21x. However, BBIG has an F rating for stock, in line with its 12-month EV / S of 42.94x, 2,623.4% above the industry average of 1.58x.
Additionally, JFIN has a B grade for quality. This is justified given JFIN’s rolling 12-month asset turnover rate of 2.23%, 1,023.6% above the industry average of 0.20%. On the other hand, BBIG has a quality rating of D, in line with its 12-month rolling asset turnover ratio of 0.19%, which is 82.1% below the industry average of 1.05%. .
Out of 103 stocks in the financial services sector (companies), JFIN is ranked No.5. However, BBIG is ranked # 70 out of 71 stocks in the consumer goods industry.
Beyond what I stated above, we also evaluated stocks for growth, stability and momentum. Click here to see all of JFIN’s notes. Also get all BBIG ratings here.
With increasing technological advancements in the cryptocurrency space and growing interest in digital collectibles, the NFT market is expected to continue to grow over the coming months. While JFIN and BBIG are expected to benefit from this trend, it is better to bet on JFIN now due to its better financial conditions, lower valuation and higher profitability.
Our research shows that the chances of success increase when investing in stocks with an overall strong buy or buy rating. Check out all the other top rated stocks in the financial services industry (business) here. Also click here for access to all the top rated stocks in the consumer goods sector.
JFIN shares were trading at $ 3.57 per share on Monday afternoon, down $ 0.15 (-4.03%). Year-to-date, JFIN has gained 17.05%, compared to a 16.25% increase in the benchmark S&P 500 over the same period.
About the Author: Nimesh Jaiswal
Nimesh Jaiswal’s a passionate interest in the analysis and interpretation of financial data led him to a career as a financial analyst and journalist. The importance of financial statements in driving a stock’s price is the key approach he takes while advising investors in his articles. Following…