Yixin Group Ltd

Yixin Group Ltd maintains a capital structure characterized by significant leverage, with long-term debt of CNY 31.33 billion against total equity of CNY 16.95 billion, resulting in a debt-to-equity ratio of 1.85. The company holds CNY 4.51 billion in cash and equivalents, which is insufficient to cover its total debt, leading to a negative net cash position. Liquidity is assessed as medium, supported by a current ratio of 1.15, indicating modest short-term coverage of liabilities. The market capitalization stands at CNY 10.34 billion, reflecting a price-to-book ratio of 0.61 and a price-to-earnings ratio of 8.63, suggesting the market values the equity below its book value.

Profitability metrics indicate modest returns on capital, with a return on equity of 7.07% and a return on assets of 2.21%. The company generated net income of CNY 1.20 billion on revenue of CNY 11.56 billion, yielding a net margin of approximately 10.37%. Operating income was CNY 1.70 billion, while gross profit stood at CNY 6.46 billion. Without cohort median data for direct comparison, these returns appear consistent with a mature financial services business operating under high leverage, where asset turnover and interest expense significantly impact net income.

Revenue ¥11.56B, +16,9% YoY; Operating income +49,9% YoY.

• ▍Revenue ¥11.56B, +16,9% YoY
• ▍Operating income +49,9% YoY
• ▍Net income +48,0% YoY
• ▍Free cash flow −70,7% YoY
• ▍Net margin 10.4%

Revenue ¥9.89B; Operating income ¥1.13B.

• ▍Revenue ¥9.89B
• ▍Operating income ¥1.13B
• ▍Net margin 8.2%