What is the price-to-earnings ratio of Yixin Group?
The price-earnings ratio of Yixin Group is currently 0.46.
Yixin Group P/S 2024
Yixin Group P/S
0.46
Ticker
2858.HK
ISIN
KYG9T43R1023
WKN
A2H7AY
As of Oct 2, 2024, Yixin Group's P/S ratio stood at 0.46, a -34.29% change from the 0.7 P/S ratio recorded in the previous year.
The Yixin Group P/S history
Yixin Group Aktienanalyse
What does Yixin Group do?
Yixin Group Ltd is a Chinese company that was founded in 2014. The company is headquartered in Beijing and operates in the online financing industry. The business model of Yixin Group Ltd is based on the intermediation of financial products between lenders and borrowers. The company offers an online financing platform where borrowers and lenders can directly connect with each other to apply for or grant loans. Yixin Group Ltd is divided into several divisions specializing in different areas of financing and e-commerce. These include automobile sales and leasing, as well as the sale of insurance and financial products. The automobile sales division is particularly noteworthy as Yixin Group Ltd holds a leading position in the Chinese market. The company works with various automobile manufacturers and dealers to facilitate the purchase and financing of automobiles for customers. The insurance brokerage sector also plays an important role at Yixin Group Ltd. The company collaborates with various insurance providers to offer customers a wide range of insurance products, such as life and health insurance. Another important business area for Yixin Group Ltd is loan intermediation and the provision of financial products. This includes loans for real estate financing, the intermediation of credit lines, and the issuance of credit cards. Overall, Yixin Group Ltd offers customers a comprehensive range of financial and e-commerce products to best meet their needs. The company strives to provide its customers with high-quality and reliable financial product intermediation. The history of Yixin Group Ltd is characterized by rapid expansion and successful business development. After its founding in 2014, the company quickly established itself in the Chinese market and built a broad customer base. In 2018, Yixin Group Ltd went public, generating additional financial resources for the further development of its business model and expansion into new business areas. Since then, the company has continuously expanded its business activities and has become one of the leading providers in the online financing industry in China. In summary, Yixin Group Ltd is a successful and dynamic company in the online financing and e-commerce industry. The wide range of financial and e-commerce products, along with the reliability in loan and financial product intermediation, make Yixin Group Ltd an attractive partner for customers and business partners in China. Yixin Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Yixin Group's P/S Ratio
Yixin Group's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Yixin Group's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Yixin Group's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Yixin Group’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Yixin Group stock
How has the price-earnings ratio of Yixin Group changed compared to last year?
The price-to-earnings ratio of Yixin Group has increased by -34.29% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Yixin Group high compared to other companies?
Yes, the price-to-earnings ratio of Yixin Group is high compared to other companies.
How does an increase in the price-earnings ratio of Yixin Group affect the company?
An increase in the price-earnings ratio of Yixin Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Yixin Group affect the company?
A decrease in the price-earnings ratio of Yixin Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Yixin Group?
Some factors that influence the price-earnings ratio of Yixin Group are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Yixin Group pay?
Over the past 12 months, Yixin Group paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 2.43 %. For the coming 12 months, Yixin Group is expected to pay a dividend of 0.02 CNY.
What is the dividend yield of Yixin Group?
The current dividend yield of Yixin Group is 2.43 %.
When does Yixin Group pay dividends?
Yixin Group pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Yixin Group?
Yixin Group paid dividends every year for the past 0 years.
What is the dividend of Yixin Group?
For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 2.43 %.
In which sector is Yixin Group located?
Yixin Group is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Yixin Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Yixin Group from 6/3/2024 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 5/13/2024.
When did Yixin Group pay the last dividend?
The last dividend was paid out on 6/3/2024.
What was the dividend of Yixin Group in the year 2023?
In the year 2023, Yixin Group distributed 0 CNY as dividends.
In which currency does Yixin Group pay out the dividend?
The dividends of Yixin Group are distributed in CNY.
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Andere Kennzahlen von Yixin Group
Our stock analysis for Yixin Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Yixin Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
