Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$1.03, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 16x in the Consumer Services industry in the US. Total loss to shareholders of 72% over the past year. New Risk • Jul 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (US$19.6m market cap). Reported Earnings • Jul 12
Full year 2026 earnings released: EPS: US$0.11 (vs US$0.18 in FY 2025) Full year 2026 results: EPS: US$0.11 (down from US$0.18 in FY 2025). Revenue: US$83.5m (up 17% from FY 2025). Net income: US$2.80m (down 30% from FY 2025). Profit margin: 3.4% (down from 5.6% in FY 2025). The decrease in margin was driven by higher expenses. New Risk • Jul 07
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 American stocks, typically moving 11% 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 High level of non-cash earnings (65% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$30.5m market cap). Board Change • Jul 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Co-Founder, CEO & Chairman Jie Xiao is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.05, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 16x in the Consumer Services industry in the US. Total loss to shareholders of 81% over the past year. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to US$1.25, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 17x in the Consumer Services industry in the US. Total loss to shareholders of 76% over the past year. Board Change • May 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Xuanjun Yang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$1.54, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 17x in the Consumer Services industry in the US. Total loss to shareholders of 50% over the past year. Duyuru • Dec 13
YSX Tech. Co., Ltd Relocates Research and Development Center to Expanded Facility YSX Tech. Co. Ltd. announced that the Company has relocated its research and development center (the ‘R&D Center’) to a new expanded location at Building 9, East Zone, Times Fangzhou, No. 2 Huazhou Road, Haizhu District, Guangzhou, China. On September 27, the Company officially moved its R&D Center to the new location. The new facility provides a 30% increase in usable space over the previous site, offering additional room for technology development, business meetings, and team collaboration. The expanded space is intended to support the Company’s anticipated business growth and team expansion, as well as technological innovation and product upgrades, in furtherance of the Company’s commitment to the insurance-technology sector and its long-term strategic vision. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$1.80, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 16x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$2.19, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 16x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to US$2.88, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 17x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$2.30, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 18x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to US$3.12, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 20x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to US$1.96, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 17x in the Consumer Services industry in the US. Reported Earnings • Aug 03
Full year 2025 earnings released: EPS: US$0.18 (vs US$0.21 in FY 2024) Full year 2025 results: EPS: US$0.18 (down from US$0.21 in FY 2024). Revenue: US$71.5m (up 22% from FY 2024). Net income: US$4.02m (down 12% from FY 2024). Profit margin: 5.6% (down from 7.8% in FY 2024). The decrease in margin was driven by higher expenses. New Risk • Jul 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$96.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (US$96.8m market cap). Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$4.13, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 19x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$7.60, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 20x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$5.34, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 19x in the Consumer Services industry in the US. Buy Or Sell Opportunity • Apr 10
Now 26% overvalued Over the last 90 days, the stock has fallen 26% to US$3.41. The fair value is estimated to be US$2.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last year. Earnings per share has declined by 17%. Buy Or Sell Opportunity • Mar 20
Now 21% overvalued Over the last 90 days, the stock has fallen 31% to US$3.09. The fair value is estimated to be US$2.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last year. Earnings per share has declined by 17%. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$2.32, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 20x in the Consumer Services industry in the US. Reported Earnings • Feb 26
First half 2025 earnings released: EPS: US$0.088 (vs US$0.11 in 1H 2024) First half 2025 results: EPS: US$0.088 (down from US$0.11 in 1H 2024). Revenue: US$34.1m (up 29% from 1H 2024). Net income: US$1.93m (down 22% from 1H 2024). Profit margin: 5.7% (down from 9.3% in 1H 2024). The decrease in margin was driven by higher expenses. New Risk • Feb 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.1% Last year net profit margin: 8.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (31% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (US$65.9m market cap). Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$2.77, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 21x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$5.33, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 21x in the Consumer Services industry in the US. Board Change • Jan 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Weiqiang Zheng is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.