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FTFT

FTFT - Future FinTech Group Inc Stock Price, Fair Value and News

0.80USD-0.01 (-1.23%)Delayed

Market Summary

FTFT
USD0.80-0.01
Delayed
-1.23%

FTFT Stock Price

View Fullscreen

FTFT RSI Chart

FTFT Valuation

Market Cap

16.0M

Price/Earnings (Trailing)

-0.47

Price/Sales (Trailing)

0.46

EV/EBITDA

0.09

Price/Free Cashflow

-0.93

FTFT Price/Sales (Trailing)

FTFT Profitability

EBT Margin

-98.66%

Return on Equity

-76.67%

Return on Assets

-55.34%

Free Cashflow Yield

-107.74%

FTFT Fundamentals

FTFT Revenue

Revenue (TTM)

34.9M

Rev. Growth (Yr)

276.82%

Rev. Growth (Qtr)

-83.54%

FTFT Earnings

Earnings (TTM)

-33.7M

Earnings Growth (Yr)

-423.17%

Earnings Growth (Qtr)

-1.0K%

Breaking Down FTFT Revenue

Last 7 days

2.6%

Last 30 days

-9.1%

Last 90 days

-34.4%

Trailing 12 Months

-32.2%

How does FTFT drawdown profile look like?

FTFT Financial Health

Current Ratio

3.07

Debt/Equity

0

Debt/Cashflow

-96.34

FTFT Investor Care

Shares Dilution (1Y)

36.46%

Diluted EPS (TTM)

-2.57

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202323.8M20.2M32.0M34.9M
202230.1M35.2M35.4M23.9M
202100025.1M
20200000
20190000
201814.5M000
2017036.6M24.2M0
201674.0M61.5M49.1M0
201500086.4M
201472.2M73.8M89.1M99.1M
2013106.0M103.5M94.4M79.0M
201279.6M80.2M91.4M102.4M
201190.9M88.6M86.3M84.0M
201000093.2M

Tracking the Latest Insider Buys and Sells of Future FinTech Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 23, 2023
huang shanchun
acquired
-
-
200,000
ceo and president
Dec 23, 2023
lei peng
acquired
-
-
40,000
chief operating officer
Dec 11, 2023
xue zeyao
acquired
372,324
0.5
744,649
-
Aug 03, 2023
xue zeyao
acquired
152,838
0.5
305,676
-
Jul 12, 2022
huang shanchun
acquired
-
-
800,000
chief executive officer
Jul 12, 2022
yi ming
acquired
-
-
100,000
chief financial officer
Jul 12, 2021
huang shanchun
acquired
-
-
500,000
chief executive officer
Jul 12, 2021
yi ming
acquired
-
-
20,000
chief financial officer
Jul 12, 2021
liu yang
acquired
-
-
40,000
-
Dec 24, 2018
zheng hanjun
sold
-
-
-300,000
interim cfo

1–10 of 10

Which funds bought or sold FTFT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
MORGAN STANLEY
added
23.46
-475
984
-%
May 15, 2024
Tower Research Capital LLC (TRC)
added
7.00
-76.00
107
-%
May 15, 2024
TWO SIGMA SECURITIES, LLC
new
-
15,206
15,206
-%
May 15, 2024
CITADEL ADVISORS LLC
added
1,987
7,238
7,933
-%
May 14, 2024
Farther Finance Advisors, LLC
unchanged
-
-42.00
50.00
-%
May 14, 2024
Qube Research & Technologies Ltd
unchanged
-
-15.00
18.00
-%
May 13, 2024
NATIONAL BANK OF CANADA /FI/
sold off
-100
-2.00
-
-%
May 13, 2024
UBS Group AG
added
212
472
1,140
-%
May 10, 2024
GROUP ONE TRADING, L.P.
reduced
-68.79
-10,375
2,133
-%
May 10, 2024
PNC Financial Services Group, Inc.
unchanged
-
-442
532
-%

1–10 of 15

Are Funds Buying or Selling FTFT?

Are funds buying FTFT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FTFT
No. of Funds

Unveiling Future FinTech Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 22, 2024
xue zeyao
18.3%
3,652,850
SC 13D
Jan 07, 2021
skypeople international holdings group ltd
0%
0
SC 13D/A

Recent SEC filings of Future FinTech Group Inc

View All Filings
Date Filed Form Type Document
May 15, 2024
NT 10-Q
NT 10-Q
May 15, 2024
8-K
Current Report
Apr 18, 2024
8-K
Current Report
Apr 16, 2024
10-K
Annual Report
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
3
Insider Trading
Apr 01, 2024
NT 10-K
NT 10-K
Feb 22, 2024
SC 13D
13D - Major Acquisition
Feb 14, 2024
8-K
Current Report

Peers (Alternatives to Future FinTech Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
277.0B
34.9B
3.35% 33.87%
66.98
7.95
11.18% 1888.46%
137.2B
38.6B
-8.72% 67.31%
98.72
3.56
14.01% 141.26%
47.3B
5.3B
2.96% 8.03%
51.62
8.85
9.15% 48.14%
28.6B
2.2B
0.65% 6.79%
65.84
12.85
3.59% -21.47%
19.3B
4.5B
8.62% -7.71%
30.27
4.26
3.06% 514.65%
MID-CAP
8.7B
671.8M
11.01% 66.39%
113.53
12.92
33.64% 185.98%
6.7B
4.7B
-3.99% 99.28%
-36.23
1.43
10.90% 88.31%
3.5B
895.2M
7.46% 35.00%
38.7
3.87
5.72% 46.94%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.2B
296.4M
28.11% -1.60%
-11.7
10.73
11.14% -3.59%
2.7B
228.1M
21.43% 43.87%
31.34
11.99
18.99% 599.09%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
256.1M
31.6M
76.57% 260.07%
-43.61
8.1
2.76% 43.72%
253.0M
572.4M
33.33% -82.31%
-1.28
0.44
-19.38% -489.49%
193.1M
117.7M
5.95% -44.01%
-19.58
1.64
12.54% 11.24%

Future FinTech Group Inc News

Latest updates
Defense World • 14 May 2024 • 05:03 am
PR Newswire • 4 months ago

Future FinTech Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32019Q32019Q22019Q12018Q42018Q32018Q22018Q1
Revenue-83.5%3,908,87223,753,7253,808,9913,393,9651,037,34511,959,0197,418,2773,466,36512,546,90711,745,0279,963,5408,182,0536,400,5664,619,0792,837,5921,056,105215,760302,357388,953475,550562,146
Gross Profit-25.9%1,030,0331,390,8581,259,1671,207,637738,9231,493,1261,375,4201,787,9771,064,704983,08451,26559066930,056264,918140,36930,614-170,440-151,202172,68462,586
Operating Expenses400.3%19,897,5543,976,9391,598,7303,836,3887,395,1546,132,4344,217,8754,464,4484,834,5137,843,511800,8281,531,59810,161,399721,8721,164,6941,361,1721,021,285166,378,91517,559,4813,648,5262,843,328
  S&GA Expenses114.9%233,939108,861123,812132,439-185,429274,109349,209370,469230,624112,41210,09012,945-9,20625,796243,411492,22165,980-14,900,11314,982,14813,06193,483
  R&D Expenses-93.5%1,09716,799116,366208,723677,666790,922770,105433,055634,079-----22,78518,06824,469----
EBITDA Margin-204.9%-0.98-0.32-0.55-0.49-0.52-0.28-0.38-0.43-0.44-2.13-1.84-1.81-2.23--------
Interest Expenses-546.1%-903,566202,529245,580455,457-834,218429,971242,713173,230167,180100,5215,4584,11129956.0061.003,90021.00----
Income Taxes-773.4%-72,28710,735650,33963,162-56,580201,437123,788187,95373,324-----1.0075.00-----
Earnings Before Taxes-1053.4%-28,131,645-2,438,958-1,607,423-2,221,803-5,336,443-3,432,460-2,212,746-2,510,418-2,993,754-6,634,386-1,276,405-541,302-22,528,307-2,395,965-922,856-1,250,938-1,065,851-164,524,980-18,100,773-3,893,028-3,233,340
EBT Margin-165.0%-0.99-0.37-0.64-0.57-0.58-0.32-0.41-0.45-0.46-2.14-1.84-1.81-2.23--------
Net Income-1043.0%-27,528,045-2,408,300-1,537,821-2,247,477-5,261,739-3,531,499-2,336,688-2,698,371-2,510,961-10,494,177-403,478-797,309-202,544,263-2,438,927-1,077,433-1,589,853-1,894,558-146,166,156-17,590,997-3,447,975-2,791,926
Net Income Margin-154.8%-0.97-0.38-0.66-0.59-0.61-0.31-0.51-0.53-0.57-14.77-14.22-14.25-6.13--------
Free Cashflow-2449.8%-10,801,534-423,6264,421,336-10,444,050-918,5023,342,766-4,498,248-645,9651,067,380-16,742,140-2,860,867-233,1544,293,954--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-13.6%61.0071.0091.0085.0085.0086.0086.0093.0092.0094.0081.0048.0016.0029.0023.0023.0011665.0066.0067.0063.00
  Current Assets7.6%54.0051.0071.0065.0065.0066.0066.0073.0073.0077.0080.0048.0016.0012.001.002.0010020.0020.0020.0024.00
    Cash Equivalents-43.0%19.0033.0037.0020.0030.0033.0042.0054.0050.0053.0072.0042.009.001.001.000.001.000.000.001.000.00
  Inventory--------------0.000.000.000.000.000.000.000.00
  Net PPE-1.0%5.005.004.004.004.003.003.003.003.001.000.000.000.000.000.000.000.001.002.002.002.00
  Goodwill-100.0%-14.0014.0014.0014.0016.0016.0016.0016.0017.00-----------
Liabilities54.0%19.0012.0030.0021.0019.0016.0011.0014.0011.0010.005.004.007.009.009.008.00204140142147150
  Current Liabilities53.9%18.0012.0029.0020.0019.0012.007.0010.007.003.003.003.007.008.007.007.00203109110114117
  Short Term Borrowings--------5.001.00------------
  Long Term Debt-------0.00-0.00--------31.0032.0033.0032.00
    LT Debt, Non Current------------------31.0032.0033.0032.00
Shareholder's Equity-26.7%44.0060.0061.0064.0067.0071.0075.0079.0081.0084.0076.0044.009.0020.0015.0015.00-----
  Retained Earnings-17.4%-185-158-155-154-152-146-143-141-138-135-125-125-124-99.06-96.64-96.11-213-193-191-189-188
  Additional Paid-In Capital5.0%234223223223223223221221221221202170134118110109108115115115106
Shares Outstanding21.8%18.0015.0015.0015.0015.0014.0013.0013.0014.0013.0011.008.0050.00--------
Minority Interest-7.6%-1.57-1.46-1.42-1.35-1.28-1.09-0.99-0.77-0.59-0.23-0.05-0.05-0.05-2.03-2.10-2.094.004.004.004.005.00
Float---15.00---23.00-------24.00---10.00--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-2494.7%-10,801-4164,429-10,436-6013,350-4,490-6381,075-16,734-2,853-2234,294-9,507664-6991,424-7,578-33.82287-3,150
  Share Based Compensation------1,280-893-5,488-893-1.00--1,191-----
Cashflow From Investing-462.1%-5,606-99714,484156251-8,455-6,397412-4,474-6,699--5,133-4,929---46.11----
Cashflow From Financing-1,091----2,364-2,0235783,5581,0081,38332,55134,3346,3257,7791,5767382,22146836.00500-
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FTFT Income Statement

2023-12-31
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
[1]
Revenue$ 34,865,553$ 23,881,006
Gross profit4,887,6955,395,446
Operating Expenses  
General and administrative expenses11,455,55714,174,820
Research and development expenses342,9852,671,748
Stock-based compensation3,468,0001,279,740
Selling expenses599,051808,358
(Recovery) Provision of doubtful debts(716,913)26,440
Impairment loss14,160,9313,248,805
Total operating expenses29,309,61122,209,911
Loss from operations(24,421,916)(16,814,465)
Other (expenses) income  
Interest income1,344,8851,311,354
Interest expenses(892)
Other (expenses) income, net(11,321,906)2,011,044
Total other income, net(9,977,913)3,322,398
Loss from Continuing Operations before Income Tax(34,399,829)(13,492,067)
Income tax provision(456,598)
Deferred income tax(2,552)(60,504)
Loss from Continuing Operations(34,402,381)(14,009,169)
Discontinued Operations (Note 24)  
Loss from discontinued operations(307,041)
Gain (Loss) on disposal of discontinued operations386,482(154)
Net Loss(34,015,899)(14,316,364)
Less: Net Loss attributable to non-controlling interests(362,671)(688,819)
Net loss attributable to Future Fintech Group Inc.(33,653,228)(13,627,545)
Other comprehensive income (loss)  
Loss from Continuing Operations(34,402,381)(14,009,169)
Foreign currency translation – continued operations(484,953)(3,025,143)
Comprehensive income (loss) - continued operation(34,887,334)(17,034,312)
Loss from discontinued operations386,482(307,195)
Foreign currency translation - discontinued operation13,682
Comprehensive loss - discontinued operation400,164(307,195)
Comprehensive Loss(34,487,170)(17,341,507)
Less: Net loss attributable to non-controlling interests(362,671)(688,819)
COMPREHENSIVE LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP INC. STOCKHOLDERS$ (34,124,499)$ (16,652,688)
Earnings (loss) per share:  
Basic loss per share from continued operation (in Dollars per share)$ (2.31)$ (0.93)
Basic loss per share from discontinued operation (in Dollars per share)0.03(0.02)
Basic earnings (loss) per share, total (in Dollars per share)(2.28)(0.95)
Diluted Earnings (loss) per share:  
Diluted loss per share (in Dollars per share)(2.31)(0.93)
Diluted loss per share from discontinued operation (in Dollars per share)(0.03)(0.02)
Diluted earnings (loss) per share, total (in Dollars per share)$ (2.28)$ (0.95)
Weighted average number of shares outstanding  
Basic (in Shares)14,746,72614,323,422
Diluted (in Shares)14,788,83414,533,948
Third party  
Cost$ 28,999,057$ 17,676,109
Related party  
Cost$ 978,801$ 809,451
[1]Reclassification- certain reclassifications have been made to the financial statements for the period ended December 31, 2022 to conform to the presentation for the period ended December 31, 2023, with no effect on previously reported net income (loss).

FTFT Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 19,032,278$ 26,071,338
Restricted cash3,589,582
Short - term investments959,028988,073
Accounts receivable, net5,705,8777,796,672
Advances to suppliers and other current assets3,837,7524,670,264
Loan receivables14,895,08619,157,538
Other receivables, net10,048,2972,635,224
Assets related to discontinued operations296,654
TOTAL CURRENT ASSETS54,490,46965,258,471
Property, plant and equipment, net4,579,1884,209,189
Right of use assets - operation lease1,282,1111,055,906
Intangible assets588,982518,069
Goodwill13,976,084
TOTAL NON-CURRENT ASSETS6,450,28119,759,248
TOTAL ASSETS60,940,75085,017,719
CURRENT LIABILITIES  
Accounts payable3,320,0613,603,577
Notes payable3,589,582
Accrued expenses and other payables11,997,4812,108,777
Advances from customers306,3151,236,241
Convertible notes payables1,100,723
Lease liability - operation lease498,736294,944
Deferred liabilities7,387,697
Liability related to discontinued operation114,556
TOTAL CURRENT LIABILITIES17,728,36218,571,116
NON-CURRENT LIABILITIES  
Lease liability - operation lease797,344760,962
TOTAL NON-CURRENT LIABILITIES797,344760,962
TOTAL LIABILITIES18,525,70619,332,078
Future FinTech Group, Inc, Stockholders’ equity  
Common stock, $0.001 par value; 60,000,000 shares authorized; 17,834,874 shares and 14,645,653 shares issued and outstanding as of December 31, 2023 and December 31, 2022 respectively[1]17,83514,646
Additional paid-in capital233,890,997222,751,657
Statutory reserve98,35798,357
Accumulated deficit(185,929,662)(152,276,434)
Accumulated other comprehensive loss(4,094,276)(3,623,005)
Total Future FinTech Group, Inc. stockholders’ equity43,983,25166,965,221
Non-controlling interests(1,568,207)(1,279,580)
Total stockholders’ equity42,415,04465,685,641
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY60,940,75085,017,719
Related Party  
CURRENT ASSETS  
Amount due from related parties12,15153,126
CURRENT LIABILITIES  
Amounts due to related parties$ 505,046$ 235,742
[1]all shares and per share data have been retroactively restated to reflect reverse stock split effected on February 1, 2023.
FTFT
Future FinTech Group Inc., through its subsidiaries, operates online shopping platforms in People's Republic of China. It operates in four segments: Shared Shopping Mall Membership Fee, Fruit Related Products, Sales of Goods, and Others. The company operates Chain Cloud Mall (CCM), a real-name blockchain based e-commerce platform that integrates blockchain and internet technology; and NONOGIRL, a cross-border e-commerce platform. It also engages in coal and aluminum ingots supply chain financing and trading; financial technology service; and cryptocurrency market data and information service businesses, as well as services related to the application and development of blockchain-based technology in financial technology. The company was formerly known as SkyPeople Fruit Juice, Inc. and changed its name to Future FinTech Group Inc. in June 2017. Future FinTech Group Inc. is headquartered in New York, New York.
 CEO
 WEBSITEftft.com
 INDUSTRYSoftware - Apps
 EMPLOYEES80

Future FinTech Group Inc Frequently Asked Questions


What is the ticker symbol for Future FinTech Group Inc? What does FTFT stand for in stocks?

FTFT is the stock ticker symbol of Future FinTech Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Future FinTech Group Inc (FTFT)?

As of Fri May 17 2024, market cap of Future FinTech Group Inc is 15.99 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FTFT stock?

You can check FTFT's fair value in chart for subscribers.

What is the fair value of FTFT stock?

You can check FTFT's fair value in chart for subscribers. The fair value of Future FinTech Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Future FinTech Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FTFT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Future FinTech Group Inc a good stock to buy?

The fair value guage provides a quick view whether FTFT is over valued or under valued. Whether Future FinTech Group Inc is cheap or expensive depends on the assumptions which impact Future FinTech Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FTFT.

What is Future FinTech Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FTFT's PE ratio (Price to Earnings) is -0.47 and Price to Sales (PS) ratio is 0.46. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FTFT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Future FinTech Group Inc's stock?

In the past 10 years, Future FinTech Group Inc has provided -0.346 (multiply by 100 for percentage) rate of return.