Yixin
China’s largest online automobile financing platform.
Launch date
Employees
Market cap
€502m
Enterprise valuation
€2.9b (Public information from Sep 2024)
Share price
HKD0.7 2858.HK
Pudong Shanghai (HQ)
Financials
Estimates*
| CNY | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 3.3b | 3.5b | 5.2b | 6.7b | 9.2b | 10.6b | 11.8b |
| % growth | (43 %) | 5 % | 49 % | 29 % | 37 % | 16 % | 11 % |
| EBITDA | (1.1b) | 140m | 756m | 1.2b | 989m | 1.1b | 1.2b |
| % EBITDA margin | (35 %) | 4 % | 15 % | 18 % | 11 % | 11 % | 10 % |
| Profit | (1.2b) | 29.0m | 371m | 555m | 767m | 819m | 1.1b |
| % profit margin | (35 %) | 1 % | 7 % | 8 % | 8 % | 8 % | 10 % |
| EV / revenue | 5.0x | 1.9x | 1.1x | 0.5x | 0.5x | 0.4x | 0.4x |
| EV / EBITDA | -14.5x | 46.2x | 7.4x | 3.1x | 4.4x | 3.8x | 3.6x |
| R&D budget | 150m | 146m | 192m | 194m | - | - | - |
| R&D % of revenue | 5 % | 4 % | 4 % | 3 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
$390m | Late VC | ||
$550m | Late VC | ||
$505m | Late VC | ||
* | N/A | $867m | IPO |
| Total Funding | €1.3b | ||
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