Quality Investor

Scienjoy Holding Corporation

Rank #200DeclineWatchlistCompare with other stocks

SJ · Nasdaq · Communication Services

Scienjoy Holding Corporation (SJ) — Rank #200 by gross profitability (GP/assets 0.32) · ROE -95.4% · Piotroski F-Score N/A.

As-of 2026-10-30 · CIK 0001753673 · all metrics point-in-time as of the filing date.

About

Scienjoy Holding Corporation engages in the provision of mobile live streaming platforms in the People's Republic of China.

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The company focuses on interactive show live streaming from broadcasters to users. It owns and operates live streaming platforms under the Showself Live Streaming, Lehai Live Streaming, Haixiu Live Streaming, BeeLive Live Streaming Chinese, BeeLive International, and Hongle Live Streaming brand names. The company's platforms enable users to view and interact with broadcasters through online chat, virtual items, and playing games. It also offers multi-channel network (MCN) agency, technical development, and advisory services.

The company was founded in 2011 and is based in Hangzhou, the People's Republic of China.

Industry
Internet Content & Information
Sector
Communication Services
State
D8
Filer Category
Non-accelerated filer
Fiscal Year End
December 31

Company Snapshot

P/E, P/B, and dividend yield matter most — book value provides a floor.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

303

Industry

Internet Content & Information

Exchange

Nasdaq

7/11

Flags passed

SJ fails 3 critical flags

Passes 7 of 11 quality flags, 1 caution

  • FAIL
    Revenue declining YoY

    Revenue contracted year over year

  • FAIL
    Operating margin declining

    Operating margin lower than prior year

  • FAIL
    Valuation convergence

    EPS declining, shares diluting, and revenue growth decelerating simultaneously

  • CAUTION
    Disclosure regression

    A previously-disclosed line item is no longer reported — worth checking the filing for why

  • PASS
    Gross margin holding
  • PASS
    Dilution within 2%
  • PASS
    FCF not negative from investment
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin

No data Balance sheet — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.32
Return on equity
-95.4%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.20
Current ratio
3.60×
Net cash
—

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
0.6%

Growth

1/2 pass
Revenue growth
-8.9%
Piotroski F-Score
N/A
Share dilution
0.5%

Asset value and restructuring potential (balance-sheet strength) are the primary reads at this stage.

Profitability

Does it make money well?

Warning: Operating margin declining, Revenue declining YoY · GP/assets 0.32

Gross profitability (GP / assets)

0.32

Primary signal (Novy-Marx).

11th of 14 SIC 7374 peers

Return on equity

-95.4%

Gross margin

18.3%

14th of 14 SIC 7374 peers

Revenue growth (YoY)

-8.9%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-14.0%

Revenue CAGR (5Y)

0.3%

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

7.9%

Cash Flow Health

Is the cash real?

No warning flags · FCF 112% above net income

Free cash flow

$69.68M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

111.9%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.6%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.20

2nd of 12 SIC 7374 peers (best = lowest)

Current ratio

3.60×

3rd of 14 SIC 7374 peers

Quick ratio

3.37×

Net cash

—

Cash & equivalents minus total debt.

Piotroski F-Score

N/A

Only 8/9 components determinable.

Valuation

Is the price reasonable?

Warning: Valuation convergence

Capital allocation quality

Composite score

1.7 / 5

Weak
Share count trend
0.5%2/5 Fair
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
N/A0/5 Weak

Lifecycle Phase History

20202025
Hypergrowth
Op. Leverage
Decline

Price History

SJ-83.6% · -30.3% CAGRSPY+82.9% · +12.8% CAGR