Eqonex (NASDAQ:EQOS – Get Rating) and PDD (NASDAQ:PDD – Get Rating) are both business services companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, earnings, valuation, profitability, risk and dividends.
Insider and Institutional Ownership
23.1% of Eqonex shares are held by institutional investors. Comparatively, 24.2% of PDD shares are held by institutional investors. 3.7% of PDD shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Get Eqonex alerts:Analyst Ratings
This is a breakdown of current ratings and price targets for Eqonex and PDD, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Eqonex | 0 | 1 | 0 | 0 | 2.00 |
| PDD | 0 | 1 | 12 | 0 | 2.92 |
PDD has a consensus price target of $101.40, suggesting a potential upside of 57.01%. Given PDD's stronger consensus rating and higher possible upside, analysts plainly believe PDD is more favorable than Eqonex.
Profitability
This table compares Eqonex and PDD's net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Eqonex | N/A | N/A | N/A |
| PDD | 23.93% | 32.10% | 15.58% |
Valuation & Earnings
This table compares Eqonex and PDD's top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Eqonex | $5.30 million | 0.23 | -$75.00 million | N/A | N/A |
| PDD | $130.56 billion | 0.61 | $4.57 billion | $3.20 | 20.18 |
PDD has higher revenue and earnings than Eqonex.
Summary
PDD beats Eqonex on 11 of the 11 factors compared between the two stocks.
About Eqonex
(Get Rating)
Eqonex Limited operates as a digital assets financial services company. It operates through three divisions: Custody, Asset Management, and Brokerage. The company provides Digivault, a custody solution; Bletchley Park, a digital asset investment solution for institutional and professional investors; and EQONEX Investment products that issues securitized products. It also operates an over-the-counter brokerage, and borrowing and lending services, as well as structured products. The company was formerly known as Diginex Limited and changed its name to Eqonex Limited in October 2021. Eqonex Limited is headquartered in Singapore.
About PDD
(Get Rating)
PDD Holdings, Inc. engages in the ownership and operation of Pinduoduo, a social commerce platform in China with agriculture as one of its pillars, and Temu, an e-commerce marketplace in North America. It focuses on anetwork of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Dublin, Ireland.
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