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2858

Yixin GroupSEHK:2858 Stock Report

Last Price

HK$1.37

Market Cap

HK$9.2b

7D

5.4%

1Y

-50.7%

Updated

17 Jan, 2022

Data

Company Financials +
2858 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

2858 Stock Overview

Yixin Group Limited, an investment holding company, operates as an online automobile finance transaction platform in the People’s Republic of China.

Yixin Group Competitors

Autohome

NYSE:ATHM

US$4.6b

Uxin

NasdaqGS:UXIN

US$492.8m

Cango

NYSE:CANG

US$483.1m

Qudian

NYSE:QD

US$268.3m

Price History & Performance

Summary of all time highs, changes and price drops for Yixin Group
Historical stock prices
Current Share PriceHK$1.37
52 Week HighHK$3.95
52 Week LowHK$1.18
Beta1.26
1 Month Change6.20%
3 Month Change-12.18%
1 Year Change-50.72%
3 Year Change-33.17%
5 Year Changen/a
Change since IPO-83.13%

Recent News & Updates

Feb 25
Update: Yixin Group (HKG:2858) Stock Gained 71% In The Last Year

Update: Yixin Group (HKG:2858) Stock Gained 71% In The Last Year

It's been a soft week for Yixin Group Limited ( HKG:2858 ) shares, which are down 15%. While that might be a setback...

Shareholder Returns

2858HK Consumer FinanceHK Market
7D5.4%1.9%3.2%
1Y-50.7%2.2%-11.9%

Return vs Industry: 2858 underperformed the Hong Kong Consumer Finance industry which returned 2.2% over the past year.

Return vs Market: 2858 underperformed the Hong Kong Market which returned -11.9% over the past year.

Price Volatility

Is 2858's price volatile compared to industry and market?
2858 volatility
2858 Average Weekly Movement7.3%
Consumer Finance Industry Average Movement5.9%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.0%

Stable Share Price: 2858 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 2858's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20134,432Andy Xuanhttps://www.yixincars.com

Yixin Group Limited, an investment holding company, operates as an online automobile finance 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; advertising and subscription services for automakers, auto dealers, auto finance partners, and insurance companies; and used automobile transaction facilitation services.

Yixin Group Fundamentals Summary

How do Yixin Group's earnings and revenue compare to its market cap?
2858 fundamental statistics
Market CapCN¥7.50b
Earnings (TTM)-CN¥237.43m
Revenue (TTM)CN¥2.83b

2.6x

P/S Ratio

-30.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2858 income statement (TTM)
RevenueCN¥2.83b
Cost of RevenueCN¥1.59b
Gross ProfitCN¥1.24b
ExpensesCN¥1.47b
Earnings-CN¥237.43m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.036
Gross Margin43.75%
Net Profit Margin-8.40%
Debt/Equity Ratio56.9%

How did 2858 perform over the long term?

See historical performance and comparison

Valuation

Is Yixin Group undervalued compared to its fair value and its price relative to the market?

0.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 2858's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 2858's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 2858 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Consumer Finance industry average.

PE vs Market: 2858 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2858's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2858's PB Ratio (0.5x) is in line with the HK Consumer Finance industry average.


Future Growth

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

22.6%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 2858's forecast earnings growth is above the savings rate (1.5%).

Earnings vs Market: Insufficient data to determine if 2858's earnings are forecast to grow faster than the Hong Kong market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 2858's revenue (22.6% per year) is forecast to grow faster than the Hong Kong market (11.7% per year).

High Growth Revenue: 2858's revenue (22.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2858's Return on Equity is forecast to be low in 3 years time (1%).


Past Performance

How has Yixin Group performed over the past 5 years?

55.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2858 is currently unprofitable.

Growing Profit Margin: 2858 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2858 is unprofitable, but has reduced losses over the past 5 years at a rate of 55.7% per year.

Accelerating Growth: Unable to compare 2858's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2858 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-2.2%).


Return on Equity

High ROE: 2858 has a negative Return on Equity (-1.65%), as it is currently unprofitable.


Financial Health

How is Yixin Group's financial position?


Financial Position Analysis

Short Term Liabilities: 2858's short term assets (CN¥19.6B) exceed its short term liabilities (CN¥8.0B).

Long Term Liabilities: 2858's short term assets (CN¥19.6B) exceed its long term liabilities (CN¥3.2B).


Debt to Equity History and Analysis

Debt Level: 2858's net debt to equity ratio (36%) is considered satisfactory.

Reducing Debt: 2858 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


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.

Stable Cash Runway: Whilst unprofitable 2858 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 2858 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 58.3% per year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2858's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2858's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 2858's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2858's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2858's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Andy Xuan (45 yo)

no data

Tenure

CN¥40,590,000

Compensation

Mr. Zhang Xuan, also known as Andy, has been the Chief Executive Officer of Bitauto Holdings Limited since January 12, 2018. Mr. Xuan has also served as Chief Executive Officer, Executive Director and Chai...


CEO Compensation Analysis

Compensation vs Market: Andy's total compensation ($USD6.39M) is above average for companies of similar size in the Hong Kong market ($USD454.12K).

Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 2858's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: 2858's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.


Top Shareholders

Company Information

Yixin Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Yixin Group Limited
  • Ticker: 2858
  • Exchange: SEHK
  • Founded: 2013
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Implied Market Cap: HK$9.192b
  • Shares outstanding: 6.52b
  • Website: https://www.yixincars.com

Number of Employees


Location

  • Yixin Group Limited
  • Yixin Building, 1 North
  • 2nd Floor
  • Shanghai
  • Shanghai Province
  • 200127
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 10:04
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.