58 Inc Financials

Based on the key measurements obtained from 58's financial statements, 58 Inc is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May.
With this module, you can analyze 58 financials for your investing period. You should be able to track the changes in 58 individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past 58 Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of 58's financial statements are interrelated, with each one affecting the others. For example, an increase in 58's assets may result in an increase in income on the income statement.
The data published in 58's official financial statements usually reflect 58's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of 58 Inc. For example, before you start analyzing numbers published by 58 accountants, it's critical to develop an understanding of what 58's liquidity, profitability, and earnings quality are in the context of the Communication Services space in which it operates.
Please note, the presentation of 58's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 58's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in 58's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 58 Inc. Please utilize our Beneish M Score to check the likelihood of 58's management manipulating its earnings.

58 Stock Summary

58 competes with Ubisoft Entertainment, Emerson Radio, Sphere Entertainment, Gerdau SA, and Insteel Industries. 58.com Inc. operates various multi-category online classifieds platforms and vertical listing platforms that enable local businesses and consumers to connect, share information, and conduct business in the Peoples Republic of China. The companys platform offers content in the categories, including real estate, jobs, automotive, yellow pages, and used goods. 58.com Inc. was founded in 2005 and is headquartered in Beijing, the Peoples Republic of China. 58 operates under Internet Content Information classification in the United States and is traded on New York Stock Exchange. It employs 21743 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS31680Q1040
Business AddressBuilding 105
SectorCommunication Services
IndustryInternet Content & Information
BenchmarkNYSE Composite
Websitewww.58.com
Phone86 10 5956 5858
CurrencyUSD - US Dollar
You should never invest in 58 without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of 58 Stock, because this is throwing your money away. Analyzing the key information contained in 58's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

58 Key Financial Ratios

Generally speaking, 58's financial ratios allow both analysts and investors to convert raw data from 58's financial statements into concise, actionable information that can be used to evaluate the performance of 58 over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that 58 Inc reports annually and quarterly.

58 Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining 58's current stock value. Our valuation model uses many indicators to compare 58 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 58 competition to find correlations between indicators driving 58's intrinsic value. More Info.
58 Inc is rated first in return on equity category among related companies. It is rated first in return on asset category among related companies reporting about  0.13  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for 58 Inc is roughly  7.50 . Comparative valuation analysis is a catch-all model that can be used if you cannot value 58 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for 58's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 58's earnings, one of the primary drivers of an investment's value.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the 58 Inc information on this page should be used as a complementary analysis to other 58's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in 58 Stock

If you are still planning to invest in 58 Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the 58's history and understand the potential risks before investing.
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