How does 9923's PS Ratio compare to its peers?

9923 is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (3.2x).

How does 9923's PS Ratio compare vs other companies in the HK Diversified Financial Industry?

9923 is good value based on its Price-To-Sales Ratio (1.1x) compared to the Hong Kong Diversified Financial industry average (1.9x).

What is 9923's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9923 is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (1.1x).

What is the Fair Price of 9923 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

9923 (HK$9.21) is trading below our estimate of [[fair value]] (HK$11.84)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

9923 Stock Overview

An investment holding company, provides payment and business services to merchants and consumers in the People’s Republic of China. More details

9923 fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	4/6
Past Performance	1/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 22.2% below our estimate of its fair value

Earnings are forecast to grow 38.54% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 46.8%

Risk Analysis

Large one-off items impacting financial results

Profit margins (0.3%) are lower than last year (2.9%)

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

Yeahka Limited Competitors

AGTech Holdings

SEHK:8279

HK$2.4b

Lianlian DigiTech

SEHK:2598

HK$10.3b

Hi Sun Technology (China)

SEHK:818

HK$979.2m

Changyou International Group

SEHK:1039

HK$106.8m

Price History & Performance

Summary of share price highs, lows and changes for Yeahka
Historical stock prices
Current Share Price	HK$9.21
52 Week High	HK$16.58
52 Week Low	HK$8.47
Beta	0.47
1 Month Change	-6.02%
3 Month Change	-13.93%
1 Year Change	-32.08%
3 Year Change	-61.86%
5 Year Change	n/a
Change since IPO	-47.85%

Take Care Before Jumping Onto Yeahka Limited (HKG:9923) Even Though It's 26% Cheaper

Dec 11

Further Upside For Yeahka Limited (HKG:9923) Shares Could Introduce Price Risks After 29% Bounce

Sep 30

Recent updates

Take Care Before Jumping Onto Yeahka Limited (HKG:9923) Even Though It's 26% Cheaper

Dec 11

Further Upside For Yeahka Limited (HKG:9923) Shares Could Introduce Price Risks After 29% Bounce

Sep 30

Yeahka Limited Just Recorded A 14% EPS Beat: Here's What Analysts Are Forecasting Next

Apr 03

The Return Trends At Yeahka (HKG:9923) Look Promising

Mar 22

An Intrinsic Calculation For Yeahka Limited (HKG:9923) Suggests It's 41% Undervalued

Jan 25

Yeahka (HKG:9923) Is Looking To Continue Growing Its Returns On Capital

Nov 30

Yeahka (HKG:9923) Has A Pretty Healthy Balance Sheet

Oct 07

Yeahka (HKG:9923) Is Experiencing Growth In Returns On Capital

Aug 19

Is Yeahka (HKG:9923) A Risky Investment?

Jun 28

Is Now The Time To Put Yeahka (HKG:9923) On Your Watchlist?

Jun 01

Yeahka Limited (HKG:9923) Shares Could Be 35% Below Their Intrinsic Value Estimate

May 14

Yeahka's (HKG:9923) Robust Earnings Are Not All Good News For Shareholders

Apr 26

Analyst Forecasts Just Became More Bearish On Yeahka Limited (HKG:9923)

Mar 31

More Unpleasant Surprises Could Be In Store For Yeahka Limited's (HKG:9923) Shares After Tumbling 29%

Mar 27

What Kind Of Investors Own Most Of Yeahka Limited (HKG:9923)?

Feb 02

Shareholder Returns

	9923	HK Diversified Financial	HK Market
7D	3.5%	-0.2%	2.3%
1Y	-32.1%	-0.4%	22.4%

Return vs Industry: 9923 underperformed the Hong Kong Diversified Financial industry which returned -0.4% over the past year.

Return vs Market: 9923 underperformed the Hong Kong Market which returned 22.4% over the past year.

Price Volatility

Is 9923's price volatile compared to industry and market?
9923 volatility
9923 Average Weekly Movement	12.0%
Diversified Financial Industry Average Movement	8.8%
Market Average Movement	8.8%
10% most volatile stocks in HK Market	18.5%
10% least volatile stocks in HK Market	4.0%

Stable Share Price: 9923 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 9923's weekly volatility (12%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2011	1,015	Yingqi Liu	www.yeahka.com

Yeahka Limited, an investment holding company, provides payment and business services to merchants and consumers in the People’s Republic of China. The company offers one-stop payment services, which include app-based and traditional payment services. It provides merchant solutions, payment terminal and mobile payment services, Software as a Service (SaaS), marketing, and fintech services, as well as in-store e-commerce services.

Yeahka Limited Fundamentals Summary

How do Yeahka's earnings and revenue compare to its market cap?
9923 fundamental statistics
Market cap	HK$3.94b
Earnings (TTM)	HK$10.74m
Revenue (TTM)	HK$3.69b

367.3x

P/E Ratio

1.1x

P/S Ratio

Is 9923 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9923 income statement (TTM)
Revenue	CN¥3.47b
Cost of Revenue	CN¥2.79b
Gross Profit	CN¥672.38m
Other Expenses	CN¥662.29m
Earnings	CN¥10.09m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.024
Gross Margin	19.40%
Net Profit Margin	0.29%
Debt/Equity Ratio	41.1%

How did 9923 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 11:45
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Yeahka Limited is covered by 16 analysts. 9 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
Ka Kit Po	CGS International
Ximin Gu	China Galaxy Securities Co., Ltd.
Zeyu Yao	China International Capital Corporation Limited

9923 Stock Overview

Rewards

Risk Analysis

Yeahka Limited Competitors

SEHK:8279

HK$2.4b

SEHK:2598

HK$10.3b

SEHK:818

HK$979.2m

SEHK:1039

HK$106.8m

Price History & Performance

Recent News & Updates

Take Care Before Jumping Onto Yeahka Limited (HKG:9923) Even Though It's 26% Cheaper

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Further Upside For Yeahka Limited (HKG:9923) Shares Could Introduce Price Risks After 29% Bounce

Consensus revenue estimates fall by 11%

Recent updates

Take Care Before Jumping Onto Yeahka Limited (HKG:9923) Even Though It's 26% Cheaper

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Further Upside For Yeahka Limited (HKG:9923) Shares Could Introduce Price Risks After 29% Bounce

Consensus revenue estimates fall by 11%

Things Look Grim For Yeahka Limited (HKG:9923) After Today's Downgrade

First half 2024 earnings released: EPS: CN¥0.087 (vs CN¥0.088 in 1H 2023)

Yeahka Limited Announces Executive Changes

Yeahka Limited to Report Q2, 2024 Results on Aug 27, 2024

Now 20% undervalued

Now 25% undervalued after recent price drop

Now 20% undervalued after recent price drop

Yeahka Limited Appoints Liang Shengtian as an Executive Director

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

Full year 2023 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued after recent price drop

Yeahka Limited, Annual General Meeting, Jun 05, 2024

Full year 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.39 in FY 2022)

Consensus EPS estimates increase by 13%, revenue downgraded

Now 21% undervalued after recent price drop

Yeahka Limited to Report Fiscal Year 2023 Results on Mar 21, 2024

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

Yeahka Limited's (HKG:9923) Share Price Matching Investor Opinion

First half 2023 earnings released: EPS: CN¥0.088 (vs CN¥0.19 in 1H 2022)

Consensus EPS estimates fall by 32%

First half 2023 earnings released: EPS: CN¥0.088 (vs CN¥0.19 in 1H 2022)

Yeahka Limited to Report First Half, 2023 Results on Aug 24, 2023

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 19%

Full year 2022 earnings: EPS exceeds analyst expectations

Price target increased by 9.1% to HK$29.22

Investor sentiment improves as stock rises 19%

Price target increased by 8.5% to HK$24.77

Investor sentiment improved over the past week

Is There An Opportunity With Yeahka Limited's (HKG:9923) 20% Undervaluation?

Investor sentiment improved over the past week

Less than half of directors are independent

Price target decreased to HK$21.21

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First half 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.71 in 1H 2021)

Consensus EPS estimates fall by 40%

Price target decreased to HK$24.62

Investor sentiment improved over the past week

Yeahka Limited to Report Q2, 2022 Results on Aug 30, 2022

Is Yeahka Limited (HKG:9923) Trading At A 29% Discount?

Now 25% undervalued after recent price drop

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Now 21% undervalued after recent price drop

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Calculating The Fair Value Of Yeahka Limited (HKG:9923)

Price target decreased to HK$31.78

Less than half of directors are independent

Price target decreased to HK$31.78

Yeahka Limited Just Recorded A 14% EPS Beat: Here's What Analysts Are Forecasting Next