Yixin Group Balance Sheet Health
Financial Health criteria checks 3/6
Yixin Group has a total shareholder equity of CN¥16.0B and total debt of CN¥24.2B, which brings its debt-to-equity ratio to 151.1%. Its total assets and total liabilities are CN¥44.9B and CN¥28.9B respectively.
Key information
151.1%
Debt to equity ratio
CN¥24.22b
Debt
Interest coverage ratio | n/a |
Cash | CN¥4.45b |
Equity | CN¥16.03b |
Total liabilities | CN¥28.85b |
Total assets | CN¥44.88b |
Recent financial health updates
No updates
Recent updates
Even With A 25% Surge, Cautious Investors Are Not Rewarding Yixin Group Limited's (HKG:2858) Performance Completely
Dec 11A Piece Of The Puzzle Missing From Yixin Group Limited's (HKG:2858) Share Price
Sep 30The Market Lifts Yixin Group Limited (HKG:2858) Shares 30% But It Can Do More
May 21Yixin Group Limited (HKG:2858) Soars 30% But It's A Story Of Risk Vs Reward
Mar 11Yixin Group Limited's (HKG:2858) Share Price Is Matching Sentiment Around Its Earnings
Jan 19Yixin Group Limited (HKG:2858) Investors Are Less Pessimistic Than Expected
Oct 18Here's Why We Think Yixin Group (HKG:2858) Is Well Worth Watching
Mar 03Update: Yixin Group (HKG:2858) Stock Gained 71% In The Last Year
Feb 25Financial Position Analysis
Short Term Liabilities: 2858's short term assets (CN¥37.8B) exceed its short term liabilities (CN¥16.4B).
Long Term Liabilities: 2858's short term assets (CN¥37.8B) exceed its long term liabilities (CN¥12.4B).
Debt to Equity History and Analysis
Debt Level: 2858's net debt to equity ratio (123.3%) is considered high.
Reducing Debt: 2858's debt to equity ratio has reduced from 177.2% to 151.1% over the past 5 years.
Debt Coverage: 2858's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2858's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/26 14:30 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Yixin Group Limited is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Lik Hang Ng | China Merchants Securities (HK) Co., Ltd |
Yi Jing Wei | Citigroup Inc |
Man Ho Lam | CLSA |