Added to YB: 2025-10-10
Pitch date: 2025-08-23
2858.HK [bullish]
Yixin Group Limited
-5.88%
current return
Author Info
No bio for this author
Company Info
Yixin Group Limited, together with its subsidiaries, operates as an online automobile finance transaction platform in China.
Market Cap
HKD 16.9B
Pitch Price
HKD 3.06
Price Target
4.50 (+56%)
Dividend
2.61%
EV/EBITDA
N/A
P/E
17.88
EV/Sales
N/A
Sector
Consumer Finance
Category
turnaround
Yixin Group Limited - $2858.HK
2858.HK: Chinese auto finance co transforming from 5% ROE balance sheet lender to 20%+ ROE capital-light originator. 47% new loans now bank-funded vs 0% in 2022, targeting 60%+. 3,500-person salesforce defends against fraud. Over-provisioned at 6% vs 1% historically, masking true ~RMB1.5bn profit. Target RMB2bn profit by 2028, 15x PE = HKD4.5 price target.
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