New Risk • Jul 03
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 German stocks, typically moving 8.4% 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 Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Announcement • Apr 24
Yixin Group Limited Approves Special Dividend for the Year Ended December 31, 2025 Yixin Group Limited at its Annual General Meeting held on April 23, 2026 approved special dividend of HKD 0.04 per share of the Company for the year ended December 31, 2025. Announcement • Mar 06
Yixin Group Limited announces Annual dividend, payable on June 26, 2026 Yixin Group Limited announced Annual dividend of HKD 0.1000 per share payable on June 26, 2026, ex-date on May 18, 2026 and record date on May 19, 2026. Announcement • Mar 05
Yixin Group Limited, Annual General Meeting, Apr 23, 2026 Yixin Group Limited, Annual General Meeting, Apr 23, 2026. Announcement • Feb 20
Yixin Group Limited to Report Fiscal Year 2025 Results on Mar 05, 2026 Yixin Group Limited announced that they will report fiscal year 2025 results on Mar 05, 2026 Announcement • Aug 02
Yixin Group Limited to Report First Half, 2025 Results on Aug 19, 2025 Yixin Group Limited announced that they will report first half, 2025 results on Aug 19, 2025 Announcement • Feb 28
Yixin Group Limited announces Annual dividend, payable on June 26, 2025 Yixin Group Limited announced Annual dividend of HKD 0.0650 per share payable on June 26, 2025, ex-date on May 20, 2025 and record date on May 21, 2025. Announcement • Feb 14
Yixin Group Limited to Report Fiscal Year 2024 Results on Feb 27, 2025 Yixin Group Limited announced that they will report fiscal year 2024 results at 4:00 PM, China Standard Time on Feb 27, 2025 Announcement • Jan 13
Yixin Group Limited Announces Resignation of Qin Miao as A Non-Executive Director The board of directors of Yixin Group Limited announced that Mr. Qin Miao has resigned as a non-executive Director with effect from January 13, 2025 due to his other business engagements which require more of his dedication. Buy Or Sell Opportunity • Oct 01
Now 39% overvalued after recent price rise Over the last 90 days, the stock has risen 40% to €0.087. The fair value is estimated to be €0.063, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 41% in the next 2 years. Buy Or Sell Opportunity • Aug 19
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 4.1% to €0.076. The fair value is estimated to be €0.062, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 31% in the next 2 years. Announcement • Aug 02
Yixin Group Limited to Report First Half, 2024 Results on Aug 15, 2024 Yixin Group Limited announced that they will report first half, 2024 results on Aug 15, 2024 Announcement • May 12
Yixin Group Limited to Report Q1, 2024 Results on May 09, 2024 Yixin Group Limited announced that they will report Q1, 2024 results on May 09, 2024 Announcement • May 09
Yixin Group Limited Approves Final Dividend for the Year Ended December 31, 2023 The Board of Yixin Group Limited announced that at the Annual General Meeting held on May 8, 2024, the shareholders approved to consider and declare a final dividend of HKD 3.00 cents per share of the Company for the year ended December 31, 2023. Declared Dividend • Mar 03
Dividend of HK$0.03 announced Shareholders will receive a dividend of HK$0.03. Ex-date: 13th May 2024 Payment date: 3rd June 2024 Dividend yield will be 48%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 46% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 17
Yixin Group Limited to Report Fiscal Year 2023 Results on Feb 29, 2024 Yixin Group Limited announced that they will report fiscal year 2023 results on Feb 29, 2024 New Risk • Aug 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 26% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change). Announcement • Aug 05
Yixin Group Limited to Report First Half, 2023 Results on Aug 17, 2023 Yixin Group Limited announced that they will report first half, 2023 results on Aug 17, 2023 New Risk • Jul 26
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 German stocks, typically moving 6.6% 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 Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change). Announcement • Feb 15
Yixin Group Limited to Report Fiscal Year 2022 Results on Feb 27, 2023 Yixin Group Limited announced that they will report fiscal year 2022 results on Feb 27, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Francis Yuen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 04
Yixin Group Limited Announces Board Changes Yixin Group Limited announces that Mr. Jun Yang has resigned as a non- executive Director with effect from August 3, 2022 due to his other business engagements which require more of his dedication. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Francis Yuen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 07
Yixin Group Limited Announces Director Changes, Effective April 6, 2022 The board of directors of Yixin Group Limited announced that Mr. Matthew Yun Ming Cheng has resigned as a non-executive Director with effect from April 6, 2022 due to his other business engagements which require more of his dedication. The Board also announces that with effect from April 6, 2022, Mr. Qing Hua Xie has been appointed as a non-executive Director, following the resignation of Mr. Cheng. Mr. Xie, joined Tencent Holdings Limited in December 2003, and currently serves as the corporate vice president of Tencent. Executive Departure • May 14
Non-Executive Director has left the company On the 12th of May, Ming Lai Chi's tenure as Non-Executive Director ended after 3.9 years in the role. We don't have any record of a personal shareholding under Ming Lai's name. A total of 3 executives have left over the last 12 months. Executive Departure • May 13
Non-Executive Director has left the company On the 6th of May, Zhou Huan's tenure as Non-Executive Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Zhou's name. A total of 2 executives have left over the last 12 months. Announcement • Mar 13
Yixin Group Limited to Report Fiscal Year 2020 Results on Mar 24, 2021 Yixin Group Limited announced that they will report fiscal year 2020 results on Mar 24, 2021 Is New 90 Day High Low • Feb 17
New 90-day high: €0.38 The company is up 102% from its price of €0.19 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 05
New 90-day high: €0.23 The company is up 19% from its price of €0.19 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 8.0% over the same period. Announcement • Aug 13
Yixin Group Limited to Report First Half, 2020 Results on Aug 24, 2020 Yixin Group Limited announced that they will report first half, 2020 results on Aug 24, 2020 Announcement • Jun 19
Tencent Mobility Limited and Hammer Capital Opportunities Fund L.P. managed by Hammer Capital Opportunities General Partner made an offer to acquire 22.9% stake in Yixin Group Limited (SEHK:2858) from Andy Xuan Zhang, Jia Zhifeng, Gao Zhi and others for HKD 2.8 billion. Tencent Mobility Limited and Hammer Capital Opportunities Fund L.P. managed by Hammer Capital Opportunities General Partner made an offer to acquire 22.9% stake in Yixin Group Limited (SEHK:2858) from Andy Xuan Zhang, Jia Zhifeng, Gao Zhi and others for HKD 2.8 billion on June 15, 2020. The offerors will acquire 1.4 billion shares for HKD 1.9088 per share and will cancel all the option at HKD 1.8980. The total cash consideration payable by the Offerors under the Offers will be financed as to (i) 80% by Tencent Mobility by internal cash resources, and (ii) 20% by Hammer Capital by a credit facility from Tonghai Securities. The Offer is subject to the pre-condition of Bitauto Holdings Limited merger becomes effective. The Independent Board Committee, comprising Huan Zhou, being a non-executive Director, and Tin Fan Yuen, Chester Tun Ho Kwok and Lily Li Dong, being independent non-executive Directors, has been formed to advise the shareholders of Yixin. China Tonghai Capital Limited acted as financial adviser to offerors. 
