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Yixin Group

SEHK:2858
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2858
SEHK
HK$13B
Market Cap
  1. Home
  2. HK
  3. Diversified Financials
Company description

Yixin Group Limited, an investment holding company, operates as an online automobile retail transaction platform in the People’s Republic of China. The last earnings update was 15 days ago. More info.


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2858 Share Price and Events
7 Day Returns
5.6%
SEHK:2858
0.4%
HK Consumer Finance
0.5%
HK Market
1 Year Returns
-50.9%
SEHK:2858
-34.5%
HK Consumer Finance
-6.1%
HK Market
2858 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Yixin Group (2858) 5.6% 2% 4.5% -50.9% - -
HK Consumer Finance 0.4% 1.3% 9.4% -34.5% -31.2% -17.8%
HK Market 0.5% 1.1% 11.2% -6.1% 25.9% 19.4%
1 Year Return vs Industry and Market
  • 2858 underperformed the Consumer Finance industry which returned -34.5% over the past year.
  • 2858 underperformed the Market in Hong Kong which returned -6.1% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Yixin Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Yixin Group. This is due to cash flow or dividend data being unavailable. The share price is HK$2.08.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Yixin Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Yixin Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:2858 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.03
SEHK:2858 Share Price ** SEHK (2019-04-18) in HKD HK$2.08
SEHK:2858 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.855 CN¥1.78
Hong Kong Consumer Finance Industry PE Ratio Median Figure of 19 Publicly-Listed Consumer Finance Companies 7.76x
Hong Kong Market PE Ratio Median Figure of 1,474 Publicly-Listed Companies 12x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Yixin Group.

SEHK:2858 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2858 Share Price ÷ EPS (both in CNY)

= 1.78 ÷ -0.03

-66.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Yixin Group is loss making, we can't compare its value to the HK Consumer Finance industry average.
  • Yixin Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Yixin Group's expected growth come at a high price?
Raw Data
SEHK:2858 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -66.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
136%per year
Asia Consumer Finance Industry PEG Ratio Median Figure of 17 Publicly-Listed Consumer Finance Companies 1.09x
Hong Kong Market PEG Ratio Median Figure of 462 Publicly-Listed Companies 0.86x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Yixin Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Yixin Group's assets?
Raw Data
SEHK:2858 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥2.42
SEHK:2858 Share Price * SEHK (2019-04-18) in HKD HK$2.08
SEHK:2858 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.855 CN¥1.78
Hong Kong Consumer Finance Industry PB Ratio Median Figure of 28 Publicly-Listed Consumer Finance Companies 0.7x
Hong Kong Market PB Ratio Median Figure of 2,149 Publicly-Listed Companies 1.03x
SEHK:2858 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2858 Share Price ÷ Book Value per Share (both in CNY)

= 1.78 ÷ 2.42

0.73x

* Primary Listing of Yixin Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Yixin Group is overvalued based on assets compared to the HK Consumer Finance industry average.
X
Value checks
We assess Yixin Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Yixin Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Yixin Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
136%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Yixin Group expected to grow at an attractive rate?
  • Unable to compare Yixin Group's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Yixin Group's earnings growth to the Hong Kong market average as it is expected to be loss making during the next 1-3 years.
  • Yixin Group's revenue growth is positive but not above the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:2858 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:2858 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 136%
SEHK:2858 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 1.5%
Hong Kong Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 36.2%
Asia Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 20.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:2858 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:2858 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31
2020-12-31 5,669 1,793 -3 1
2019-12-31 5,578 5,537 -23 1
SEHK:2858 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 5,499 -4,137 -167
2018-09-30 5,206 -9,401 -6,279
2018-06-30 4,914 -14,664 -12,391
2018-03-31 4,401 -15,144 -15,361
2017-12-31 3,888 -15,623 -18,331
2017-09-30 3,216 -15,270 -12,915
2017-06-30 2,544 -14,916 -7,500
2017-03-31 2,001 -13,109 -4,451
2016-12-31 1,459 -11,302 -1,401

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Yixin Group is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Yixin Group's revenue is expected to grow by 1.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:2858 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Yixin Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2858 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 0.00 0.00 0.00 1.00
2019-12-31 0.00 0.00 0.00 1.00
SEHK:2858 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.03
2018-09-30 -1.20
2018-06-30 -2.93
2018-03-31 -5.26
2017-12-31 -11.37
2017-09-30 -10.17
2017-06-30 -8.09
2017-03-31 -4.75
2016-12-31 -1.48

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Yixin Group will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Yixin Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Yixin Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Yixin Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Yixin Group's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Yixin Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Yixin Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Yixin Group's 1-year growth to the HK Consumer Finance industry average as it is not currently profitable.
Earnings and Revenue History
Yixin Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Yixin Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2858 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 5,498.54 -166.58 2,101.91
2018-09-30 5,206.39 -6,278.78 2,633.73
2018-06-30 4,914.25 -12,390.98 3,423.75
2018-03-31 4,401.20 -15,360.92 3,120.32
2017-12-31 3,888.16 -18,330.87 2,558.69
2017-09-30 3,216.09 -12,915.47 1,789.29
2017-06-30 2,544.03 -7,500.06 1,019.88
2017-03-31 2,001.34 -4,450.70 838.33
2016-12-31 1,458.65 -1,401.33 656.78
2015-12-31 259.07 -28.21 187.37
2014-12-31 575.88 0.78 500.63

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Yixin Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Yixin Group has efficiently used its assets last year compared to the HK Consumer Finance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Yixin Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Yixin Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Yixin Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Yixin Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Yixin Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Yixin Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Yixin Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Yixin Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Yixin Group Company Filings, last reported 3 months ago.

SEHK:2858 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 15,417.82 31,328.07 2,116.20
2018-09-30 15,417.82 31,328.07 2,116.20
2018-06-30 15,209.37 29,025.18 2,535.18
2018-03-31 15,209.37 29,025.18 2,535.18
2017-12-31 15,342.02 25,295.27 5,824.71
2017-09-30 15,342.02 25,295.27 5,824.71
2017-06-30 -7,631.81 35,101.47 1,168.42
2017-03-31 -7,631.81 35,101.47 1,168.42
2016-12-31 -1,384.48 20,083.12 660.85
2015-12-31 130.36 3,420.58 710.39
2014-12-31 149.55 0.00 191.51
  • Yixin Group's level of debt (203.2%) compared to net worth is high (greater than 40%).
  • Unable to establish if Yixin Group's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Yixin Group has less than a year of cash runway based on current free cash flow.
  • Yixin Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 9% each year.
X
Financial health checks
We assess Yixin Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Yixin Group has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Yixin Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Yixin Group dividends. Estimated to be 0% next year.
If you bought HK$2,000 of Yixin Group shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Yixin Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Yixin Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:2858 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Hong Kong Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 4.7%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 965 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 1.9%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:2858 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 3.00
2019-12-31 0.00 3.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Yixin Group has not reported any payouts.
  • Unable to verify if Yixin Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Yixin Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Yixin Group has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Yixin Group's dividends in 3 years as they are not expected to pay a notable one for Hong Kong.
X
Income/ dividend checks
We assess Yixin Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Yixin Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Yixin Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Yixin Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Andy Zhang
COMPENSATION CN¥737,662,000
AGE 42
CEO Bio

Mr. Xuan Zhang, also known as Andy, has been the Chief Executive Officer of Bitauto Holdings Limited since January 12, 2018. Mr. Zhang has also served as Chief Executive Officer, Executive Director and Chairman of Yixin since November 2014. Mr. Zhang was President of Bitauto Holdings Limited since August 2016 until January 2018 and served as its Chief Financial Officer from 2009 to September 19, 2016 and served as its Chief Operating Officer since August 14, 2015 until August 16, 2016. Mr. Zhang served Vice President of Finance at Bitauto Holdings Limited from 2006 to 2009. Mr. Zhang has over 10 years of operational and managerial experiences with both multinational companies and local Chinese companies. Prior to 2006, Mr. Zhang co-founded a consulting firm that provided professional marketing, finance and HR services to local Fortune 500 companies and multinationals in China. He also was a manager of both Ernst & Young LLP and PricewaterhouseCoopers LLP from 2000 to 2004. He has been a Director of Bitauto Holdings Limited since March 1, 2017. He received both of his Bachelor’s degree in Finance and Accounting from New York University. Mr. Zhang is a Certified Public Accountant in the state of New York.

CEO Compensation
  • Insufficient data for Andy to compare compensation growth.
  • Andy's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team

Andy Zhang

TITLE
Chairman & CEO
COMPENSATION
CN¥738M
AGE
42

Dong Jiang

TITLE
President & Executive Director
COMPENSATION
CN¥64M
AGE
47
TENURE
1.3 yrs

Zhifeng Jia

TITLE
Senior Vice President of Technology
AGE
45

Xiaozheng Liu

TITLE
Chief Financial Officer
AGE
41

Wei Zheng

TITLE
Senior Vice President of Used Automobile Business
AGE
41

Man Wah Cheng

TITLE
Company Secretary
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure and age of the Yixin Group board of directors in years:

1.7
Average Tenure
46
Average Age
  • The average tenure for the Yixin Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Andy Zhang

TITLE
Chairman & CEO
COMPENSATION
CN¥738M
AGE
42

Dong Jiang

TITLE
President & Executive Director
COMPENSATION
CN¥64M
AGE
47
TENURE
1.6 yrs

Francis Yuen

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥43K
AGE
66
TENURE
1.4 yrs

Chester Kwok

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥42K
AGE
54
TENURE
1.4 yrs

James Mitchell

TITLE
Non-Executive Director
AGE
44
TENURE
1.8 yrs

Jimmy Lai

TITLE
Non-Executive Director
AGE
45
TENURE
1.8 yrs

Chenkai Ling

TITLE
Non-Executive Director
AGE
42
TENURE
1.8 yrs

Xuyang Zhang

TITLE
Non-Executive Director
AGE
46
TENURE
1.8 yrs

Lily Dong

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥43K
AGE
47
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Yixin Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Yixin Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

The Yixin Group (HKG:2858) Share Price Is Down 64% So Some Shareholders Are Wishing They Sold

And there's no doubt that Yixin Group Limited (HKG:2858) stock has had a really bad year. … Because Yixin Group is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Yixin Group grew its revenue by 93% over the last year.

Simply Wall St -

Yixin Group Limited's (HKG:2858) Path To Profitability

The HK$14b market-cap posted a loss in its most recent financial year of -CN¥18.3b and a latest trailing-twelve-month loss of -CN¥12.4b shrinking the gap between loss and breakeven? … In this article, I will touch on the expectations for 2858’s growth and when analysts expect the company to become profitable … View our latest analysis for Yixin Group

Simply Wall St -

Company Info

Description

Yixin Group Limited, an investment holding company, operates as an online automobile retail transaction platform in the People’s Republic of China. The company operates in two segments, Transaction Platform Business and Self-Operated Financing Business. The Transaction Platform Business segment offers auto loans to consumers by its auto finance partners, as well as advertising and subscription services for automakers, auto dealers, auto finance partners, and insurance companies, as well as used automobile transaction facilitation services. It also sells vehicle telematics systems. The Self-Operated Financing Business segment provides consumers with auto finance solutions through financing leases. The company was formerly known as Yixin Capital Limited. Yixin Group Limited was founded in 2013 and is headquartered in Shanghai, the People’s Republic of China.

Details
Name: Yixin Group Limited
2858
Exchange: SEHK
Founded: 2013
HK$13,251,165,516
6,370,752,652
Website: http://www.yixincars.com
Address: Yixin Group Limited
No.3 Building,
12th Floor,
Shanghai,
200127,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2858 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 16. Nov 2017
OTCPK YIGR.F Ordinary Shares Pink Sheets LLC US USD 16. Nov 2017
DB 1YX Ordinary Shares Deutsche Boerse AG DE EUR 16. Nov 2017
SHSC 2858 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 16. Nov 2017
SZSC 2858 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 16. Nov 2017
Number of employees
Current staff
Staff numbers
4,483
Yixin Group employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 13:02
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/04/04
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.