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Yixin Group (HKSE:02858) Enterprise Value : HK$26,150 Mil (As of Jun. 09, 2024)


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What is Yixin Group Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Yixin Group's Enterprise Value is HK$26,150 Mil. Yixin Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$870 Mil. Therefore, Yixin Group's EV-to-EBIT ratio for today is 30.04.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Yixin Group's Enterprise Value is HK$26,150 Mil. Yixin Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$870 Mil. Therefore, Yixin Group's EV-to-EBITDA ratio for today is 30.04.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Yixin Group's Enterprise Value is HK$26,150 Mil. Yixin Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$7,313 Mil. Therefore, Yixin Group's EV-to-Revenue ratio for today is 3.58.


Yixin Group Enterprise Value Historical Data

The historical data trend for Yixin Group's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Yixin Group Enterprise Value Chart

Yixin Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31,705.87 28,544.68 15,776.83 16,484.35 25,527.47

Yixin Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,776.83 14,816.20 16,484.35 21,203.52 25,527.47

Competitive Comparison of Yixin Group's Enterprise Value

For the Credit Services subindustry, Yixin Group's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yixin Group's Enterprise Value Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yixin Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Yixin Group's Enterprise Value falls into.



Yixin Group Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Yixin Group's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Yixin Group's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Yixin Group  (HKSE:02858) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Yixin Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=26149.973/870.487
=30.04

Yixin Group's current Enterprise Value is HK$26,150 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Yixin Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$870 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Yixin Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=26149.973/870.487
=30.04

Yixin Group's current Enterprise Value is HK$26,150 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Yixin Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$870 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Yixin Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=26149.973/7312.979
=3.58

Yixin Group's current Enterprise Value is HK$26,150 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Yixin Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$7,313 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Yixin Group Enterprise Value Related Terms

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Yixin Group (HKSE:02858) Business Description

Traded in Other Exchanges
Address
No. 365 Linhong Road, 1 North, Zhongguancun Hongqiao Innovation Center, Changning District, Shanghai, CHN
Yixin Group Ltd is an online automobile retail transaction platform in China. The company operates in two segments namely Transaction platform services and Self-operated financing business. The transaction platform segment is comprised of facilitation and value-added services, and advertising and subscription services. Self-operated financing segment comprises financing lease services and operating lease services. The company generates a majority of its revenue from the Self-operated financing business.
Executives
Zhang Xuan 2101 Beneficial owner
Jd.com Investment Limited 2201 Interest of corporation controlled by you
Jd.com, Inc. 2201 Interest of corporation controlled by you
Liu Qiangdong Richard 2305 Beneficiary of a trust
Max Smart Limited 2201 Interest of corporation controlled by you
Jd Financial Investment Limited 2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Tsang Ling Kay Rodney 2501 Other
Tencent Holdings Limited 2201 Interest of corporation controlled by you
Hammer Capital Opportunities Fund L.p. 2201 Interest of corporation controlled by you
Cheung Siu Fai 2201 Interest of corporation controlled by you
Cheng Chi Kong 2201 Interest of corporation controlled by you
Woodbury Capital Management Limited 2201 Interest of corporation controlled by you
Silver Oryx Limited 2201 Interest of corporation controlled by you
Hammer Capital Partners Ltd. 2201 Interest of corporation controlled by you

Yixin Group (HKSE:02858) Headlines

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