Announcement • Jun 30
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report First Half, 2026 Results on Aug 22, 2026 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report first half, 2026 results on Aug 22, 2026 Declared Dividend • May 30
Dividend reduced to CN¥0.26 Dividend of CN¥0.26 is 48% lower than last year. Ex-date: 3rd June 2026 Payment date: 3rd June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (121% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 15% to shift the payout ratio to a potentially unsustainable range, which is less than the 18% EPS decline seen over the last 5 years. Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.08 (vs CN¥0.04 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.08 (up from CN¥0.04 in 1Q 2025). Revenue: CN¥95.5m (up 1.9% from 1Q 2025). Net income: CN¥10.7m (up 91% from 1Q 2025). Profit margin: 11% (up from 6.0% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Announcement • Apr 20
Yonyou Auto Information Technology (Shanghai) Co.,Ltd, Annual General Meeting, May 08, 2026 Yonyou Auto Information Technology (Shanghai) Co.,Ltd, Annual General Meeting, May 08, 2026, at 11:00 China Standard Time. Location: No. 1, Lane 276, Luding Road, Putuo District, Shanghai China Announcement • Mar 30
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report Q1, 2026 Results on Apr 25, 2026 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Jan 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 177% Cash payout ratio: 108% Earnings have declined by 9.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.5% net profit margin). Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥22.87, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 107x in the Software industry in China. Total returns to shareholders of 39% over the past year. Announcement • Dec 26
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report Fiscal Year 2025 Results on Mar 14, 2026 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report fiscal year 2025 results on Mar 14, 2026 New Risk • Oct 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 177% Cash payout ratio: 108% Earnings have declined by 9.4% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.5% net profit margin). Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.029 (vs CN¥0.07 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.029 (down from CN¥0.07 in 3Q 2024). Revenue: CN¥104.3m (down 15% from 3Q 2024). Net income: CN¥4.17m (down 58% from 3Q 2024). Profit margin: 4.0% (down from 8.0% in 3Q 2024). Announcement • Sep 30
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Sep 01
Second quarter 2025 earnings released: EPS: CN¥0.069 (vs CN¥0.13 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.069 (down from CN¥0.13 in 2Q 2024). Revenue: CN¥123.8m (down 23% from 2Q 2024). Net income: CN¥10.6m (down 40% from 2Q 2024). Profit margin: 8.6% (down from 11% in 2Q 2024). Announcement • Jun 30
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025 New Risk • Apr 27
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 131% Cash payout ratio: 149% Dividend yield: 2.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 131% Cash payout ratio: 149% Earnings have declined by 2.8% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10.0% net profit margin). Reported Earnings • Apr 27
First quarter 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.22 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.04 (down from CN¥0.22 in 1Q 2024). Revenue: CN¥93.8m (down 35% from 1Q 2024). Net income: CN¥5.60m (down 83% from 1Q 2024). Profit margin: 6.0% (down from 22% in 1Q 2024). Announcement • Mar 29
Yonyou Auto Information Technology (Shanghai) Co.,Ltd, Annual General Meeting, Apr 18, 2025 Yonyou Auto Information Technology (Shanghai) Co.,Ltd, Annual General Meeting, Apr 18, 2025, at 11:00 China Standard Time. Location: 1F, Building 1, No. 200, Lane 276, Luding Road, Putuo District, Shanghai China Announcement • Mar 28
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Feb 22
Full year 2024 earnings released: EPS: CN¥0.56 (vs CN¥0.90 in FY 2023) Full year 2024 results: EPS: CN¥0.56 (down from CN¥0.90 in FY 2023). Revenue: CN¥594.8m (down 19% from FY 2023). Net income: CN¥80.7m (down 30% from FY 2023). Profit margin: 14% (down from 16% in FY 2023). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥19.98, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 94x in the Software industry in China. Total returns to shareholders of 26% over the past year. Announcement • Dec 27
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report Fiscal Year 2024 Results on Mar 29, 2025 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.097 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.07 (down from CN¥0.097 in 3Q 2023). Revenue: CN¥122.3m (down 18% from 3Q 2023). Net income: CN¥9.83m (down 26% from 3Q 2023). Profit margin: 8.0% (down from 9.0% in 3Q 2023). Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥17.51, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 73x in the Software industry in China. Total loss to shareholders of 31% over the past year. Announcement • Sep 30
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥18.15, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 69x in the Software industry in China. Total loss to shareholders of 32% over the past year. Announcement • Aug 05
Yonyou Auto Information Technology (Shanghai) Co.,Ltd (SHSE:688479) announces an Equity Buyback for CNY 60 million worth of its shares. Yonyou Auto Information Technology (Shanghai) Co.,Ltd (SHSE:688479) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The shares will be repurchased at a price not more than CNY 23.1 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be funded from company's own funds. The program will be valid for 12 months. Announcement • Jun 29
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report First Half, 2024 Results on Aug 24, 2024 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report first half, 2024 results on Aug 24, 2024 Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.35 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.22 (down from CN¥0.35 in 1Q 2023). Revenue: CN¥143.2m (down 14% from 1Q 2023). Net income: CN¥32.0m (down 12% from 1Q 2023). Profit margin: 22% (in line with 1Q 2023). New Risk • Apr 07
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 2.6% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • Mar 31
Yonyou Auto Information Technology (Shanghai) Co.,Ltd, Annual General Meeting, Apr 25, 2024 Yonyou Auto Information Technology (Shanghai) Co.,Ltd, Annual General Meeting, Apr 25, 2024, at 11:00 China Standard Time. Location: 11F, No. 1100, Dingxi Road, Changning District, Shanghai China Announcement • Mar 29
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Feb 26
Full year 2023 earnings released: EPS: CN¥0.90 (vs CN¥1.05 in FY 2022) Full year 2023 results: EPS: CN¥0.90. Revenue: CN¥735.8m (up 11% from FY 2022). Net income: CN¥114.8m (up 6.5% from FY 2022). Profit margin: 16% (in line with FY 2022). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥16.66, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 62x in the Software industry in China. New Risk • Nov 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.097 (vs CN¥0.15 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.097 (down from CN¥0.15 in 3Q 2022). Revenue: CN¥148.5m (down 12% from 3Q 2022). Net income: CN¥13.4m (down 11% from 3Q 2022). Profit margin: 9.0% (up from 8.8% in 3Q 2022). The increase in margin was driven by lower expenses. New Risk • Aug 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.42 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.32 (down from CN¥0.42 in 2Q 2022). Revenue: CN¥190.4m (up 6.2% from 2Q 2022). Net income: CN¥42.3m (down 2.5% from 2Q 2022). Profit margin: 22% (down from 24% in 2Q 2022). The decrease in margin was driven by higher expenses. Announcement • Jun 28
Yonyou Auto Information Technology (Shanghai) Co.,Ltd to Report First Half, 2023 Results on Aug 18, 2023 Yonyou Auto Information Technology (Shanghai) Co.,Ltd announced that they will report first half, 2023 results on Aug 18, 2023 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥33.05, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 82x in the Software industry in China. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.34 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.34 in 1Q 2022). Revenue: CN¥167.2m (up 17% from 1Q 2022). Net income: CN¥36.3m (up 5.4% from 1Q 2022). Profit margin: 22% (down from 24% in 1Q 2022). The decrease in margin was driven by higher expenses.