Yongjin Technology Group Co., Ltd. (603995.SS)

Industry: Steel Sector: Basic Materials Currency Used: CN Live Price: $18.91

Enterprise Value

Metric	2025	2024	2023	2022	2021	2020	2019	2018
Stock Price	18.49	18.18	23.26	32.99	29.12	18.01	21.46	22.37
Market Capitalization	6,791.17M	6,718.26M	7,819.97M	11,070.60M	9,692.46M	6,008.25M	5,795.09M	5,605.75M
(-) Cash & Equivalents	1,489.73M	1,536.92M	1,564.65M	1,175.92M	1,196.88M	1,417.09M	489.12M	305.51M
(+) Total Debt	4,658.70M	4,068.25M	2,973.78M	2,969.94M	1,628.54M	534.63M	427.17M	645.30M
Enterprise Value	9,960.15M	9,249.60M	9,229.11M	12,864.61M	10,124.12M	5,125.80M	5,733.14M	5,945.55M

Income Statement

Metric	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31
Revenue	42,461M	43,213M	41,861M	39,874M	39,555M	31,366M	20,443M	15,828M	15,650M	12,166M	8,143M	4,651M
Cost of Revenue	40,260M	40,868M	39,457M	37,966M	37,748M	29,709M	19,388M	14,939M	14,713M	11,433M	7,447M	4,261M
Gross Profit	2,201M	2,345M	2,404M	1,908M	1,807M	1,657M	1,056M	889M	938M	733M	696M	391M
Gross Profit Margin	5.2%	5.4%	5.7%	4.8%	4.6%	5.3%	5.2%	5.6%	6.0%	6.0%	8.5%	8.4%
R&D Expenses	836M	865M	875M	778M	728M	555M	218M	223M	219M	160M	152M	145M
SG&A Expenses	47M	252M	120M	103M	84M	74M	197M	129M	134M	101M	87M	80M
Operating Expenses	1,272M	1,208M	1,223M	1,131M	885M	719M	449M	382M	393M	302M	278M	230M
Operating Income (EBIT)	929M	1,137M	1,181M	778M	922M	938M	606M	507M	545M	431M	418M	160M
Operating Income Margin	2.2%	2.6%	2.8%	2.0%	2.3%	3.0%	3.0%	3.2%	3.5%	3.5%	5.1%	3.4%
Interest Income	33M	56M	19M	20M	16M	10M	19M	3M	2M	2M	3M	53M
Interest Expense	213M	157M	148M	111M	95M	54M	34M	21M	42M	41M	49M	0M
Net Interest Income	-180M	-101M	-129M	-91M	-79M	-44M	-15M	-18M	-40M	-39M	-47M	53M
Unusual Items	172M	105M	123M	91M	-116M	-24M	20M	-7M	-16M	-33M	-23M	-114M
EBT Excluding Unusual Items	750M	1,036M	1,052M	687M	843M	895M	591M	489M	505M	391M	371M	213M
Pre-Tax Income	922M	1,141M	1,176M	777M	727M	871M	612M	482M	489M	358M	348M	100M
Pre-Tax Margin	2.2%	2.6%	2.8%	1.9%	1.8%	2.8%	3.0%	3.0%	3.1%	2.9%	4.3%	2.1%
Income Tax Expense	162M	217M	212M	159M	124M	161M	120M	94M	102M	84M	66M	21M
Net Income	671M	721M	805M	453M	487M	591M	414M	333M	331M	217M	246M	78M
Net Income Margin	1.6%	1.7%	1.9%	1.1%	1.2%	1.9%	2.0%	2.1%	2.1%	1.8%	3.0%	1.7%
Depreciation & Amortization	0M	465M	532M	442M	364M	268M	188M	158M	155M	151M	130M	82M
EBITDA	929M	1,601M	1,713M	1,219M	1,287M	1,207M	794M	665M	700M	582M	549M	242M
EBITDA Margin	2.2%	3.7%	4.1%	3.1%	3.3%	3.8%	3.9%	4.2%	4.5%	4.8%	6.7%	5.2%
NOPAT	766M	921M	969M	618M	765M	765M	487M	408M	432M	330M	339M	126M
NOPAT Margin	1.8%	2.1%	2.3%	1.6%	1.9%	2.4%	2.4%	2.6%	2.8%	2.7%	4.2%	2.7%
Owner's Earnings	-184M	-343M	166M	-449M	-829M	-888M	-31M	160M	290M	254M	126M	-269M
Owner's Earnings Margin	-0.4%	-0.8%	0.4%	-1.1%	-2.1%	-2.8%	-0.2%	1.0%	1.9%	2.1%	1.5%	-5.8%
EPS (Basic)	1.84	2.00	2.20	1.24	1.46	1.77	1.24	1.00	1.32	0.86	0.98	0.31
EPS (Diluted)	1.78	1.70	1.99	1.12	1.34	1.77	1.23	1.00	1.32	0.86	0.98	0.31
Shares (Basic)	367M	363M	368M	367M	334M	334M	334M	334M	251M	252M	251M	250M
Shares (Diluted)	378M	426M	404M	404M	363M	335M	338M	334M	251M	252M	251M	250M

Balance Sheet

Metric	MRQ	MRQ-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31
Cash & Cash Equivalents	1,762.80M	1,417.93M	1,383.02M	1,060.96M	821.07M	1,720.96M	1,275.68M	1,410.13M	323.82M	230.60M	156.59M	136.73M
Short-Term Investments	0.00M	0.00M	0.00M	0.33M	26.00M	18.48M	15.44M	0.22M	0.04M	0.00M	0.00M	0.29M
Cash & Short-Term Investments	1,762.80M	1,417.93M	1,383.02M	1,061.28M	847.07M	1,739.44M	1,291.12M	1,410.35M	323.86M	230.60M	156.59M	137.02M
Net Receivables	1,296.67M	1,181.19M	942.97M	1,053.68M	583.60M	598.96M	286.63M	191.68M	178.07M	291.24M	164.24M	101.94M
Inventory	3,793.02M	3,621.81M	2,793.32M	2,301.68M	1,850.22M	1,582.44M	711.21M	511.20M	451.41M	555.48M	492.67M	227.65M
Other Current Assets	317.07M	342.86M	267.60M	4.69M	130.79M	139.44M	146.46M	355.25M	60.77M	114.28M	113.72M	123.00M
Total Current Assets	7,169.56M	6,563.79M	5,386.91M	4,421.34M	3,411.68M	4,060.28M	2,435.42M	2,468.48M	1,014.11M	1,191.60M	927.23M	589.61M
Property, Plant & Equipment	7,598.95M	7,486.14M	7,581.49M	7,111.10M	6,236.81M	4,920.56M	3,238.70M	2,157.42M	1,815.23M	1,868.76M	1,941.56M	1,787.30M
Goodwill	16.05M	16.05M	16.05M	50.02M	43.42M	46.45M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Intangible Assets	672.98M	678.08M	687.79M	670.93M	450.95M	375.70M	325.03M	181.97M	186.63M	145.22M	140.00M	137.48M
Long-Term Investments	20.53M	21.11M	0.00M	8.67M	-17.50M	-9.98M	-6.94M	8.28M	8.46M	8.50M	8.50M	8.21M
Tax Assets	15.75M	11.20M	12.98M	12.61M	5.93M	7.96M	1.31M	1.28M	1.15M	2.67M	2.27M	1.13M
Other Non-Current Assets	27.07M	23.48M	53.02M	35.66M	67.90M	94.15M	51.82M	58.04M	35.51M	55.60M	55.53M	16.73M
Other Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Non-Current Assets	8,351.34M	8,236.05M	8,351.33M	7,889.00M	6,787.51M	5,434.84M	3,609.93M	2,406.99M	2,046.98M	2,080.75M	2,147.86M	1,950.85M
Total Assets	15,520.90M	14,799.84M	13,738.24M	12,310.33M	10,199.19M	9,495.12M	6,045.35M	4,875.47M	3,061.09M	3,272.34M	3,075.09M	2,540.46M
Accounts Payable	1,259.41M	3,016.17M	2,380.95M	1,057.29M	1,637.24M	1,474.20M	569.59M	633.49M	117.10M	453.63M	453.85M	574.48M
Short-Term Debt	4,835.10M	2,122.10M	1,625.97M	1,571.66M	1,274.47M	434.72M	521.29M	424.28M	494.76M	629.00M	856.25M	725.68M
Tax Payables	0.00M	113.19M	133.04M	85.31M	67.06M	78.86M	94.73M	50.17M	67.71M	55.29M	38.96M	19.66M
Deferred Revenue	383.97M	0.00M	0.00M	0.00M	613.75M	1,110.82M	828.58M	77.22M	67.71M	81.04M	61.92M	30.06M
Other Current Liabilities	102.54M	1,106.92M	1,189.56M	1,833.56M	26.31M	1,384.70M	53.73M	437.12M	460.32M	512.24M	385.99M	-7.92M
Total Current Liabilities	6,581.02M	6,358.39M	5,329.52M	4,547.82M	3,618.82M	4,483.30M	2,067.92M	1,622.29M	1,207.61M	1,731.19M	1,796.97M	1,341.95M
Long-Term Debt	1,807.64M	1,716.42M	1,741.31M	1,542.96M	1,728.29M	1,786.24M	284.96M	174.70M	36.39M	182.31M	30.00M	60.00M
Capital Lease Obligations	0.00M	2.78M	4.01M	18.62M	1.77M	3.90M	75.99M	85.30M	36.39M	182.31M	314.46M	227.77M
Deferred Tax Liabilities	1.20M	0.93M	0.67M	1.47M	2.38M	1.68M	1.50M	1.51M	1.52M	1.56M	1.60M	1.69M
Other Non-Current Liabilities	0.00M	0.00M	0.00M	331.01M	17.56M	0.00M	70.94M	85.30M	-36.39M	0.00M	0.00M	0.00M
Total Non-Current Liabilities	1,808.84M	1,720.13M	1,745.98M	1,894.06M	1,750.00M	1,791.82M	433.39M	346.81M	37.91M	366.18M	346.07M	289.45M
Total Liabilities	8,389.85M	8,078.51M	7,075.50M	6,441.88M	5,368.82M	6,275.12M	2,501.31M	1,969.09M	1,245.53M	2,097.37M	2,143.04M	1,631.40M
Preferred Stock	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock	365.62M	365.62M	365.62M	381.38M	338.04M	233.12M	233.02M	230.67M	173.00M	173.00M	173.00M	173.00M
Retained Earnings	3,150.81M	3,113.21M	2,991.83M	2,415.03M	2,174.43M	1,902.57M	1,478.35M	1,245.57M	985.89M	713.47M	507.28M	283.51M
Accumulated OCI	2,407.02M	337.02M	348.02M	0.00M	301.47M	246.66M	76.81M	94.17M	281.77M	257.44M	246.62M	236.63M
Minority Interest	1,210.63M	1,200.45M	1,122.81M	978.44M	792.29M	609.16M	463.15M	266.32M	238.94M	228.93M	186.68M	120.75M
Total Shareholders’ Equity	5,923.45M	3,815.85M	3,705.46M	2,796.41M	2,813.94M	2,382.35M	1,788.18M	1,570.41M	1,440.66M	1,143.91M	926.90M	693.13M
Total Equity	7,134.09M	5,016.29M	4,828.27M	3,774.84M	3,606.23M	2,991.50M	2,251.34M	1,836.73M	1,679.60M	1,372.84M	1,113.58M	813.88M
Total Liabilities & Equity	15,523.94M	13,094.81M	11,903.77M	10,216.73M	8,975.05M	9,266.63M	4,752.65M	3,805.83M	2,925.12M	3,470.21M	3,256.62M	2,445.28M
Tangible Assets	14,831.86M	14,105.71M	13,034.40M	11,589.38M	9,704.82M	9,072.97M	5,720.32M	4,693.49M	2,874.46M	3,127.12M	2,935.09M	2,402.97M
Tangible Equity	6,445.05M	4,322.16M	4,124.43M	3,053.88M	3,111.86M	2,569.36M	1,926.30M	1,654.76M	1,492.97M	1,227.62M	973.59M	676.40M
Tangible Book Value	6,445.05M	4,322.16M	4,124.43M	3,053.88M	3,111.86M	2,569.36M	1,926.30M	1,654.76M	1,492.97M	1,227.62M	973.59M	676.40M
Total Investments	20.53M	21.11M	0.00M	9.00M	8.50M	8.50M	8.50M	8.50M	8.50M	8.50M	8.50M	8.50M
Net Debt	4,879.94M	2,420.59M	1,984.26M	2,053.66M	2,181.69M	500.00M	-469.43M	-811.14M	207.34M	580.71M	729.66M	648.95M

Capital Metrics

Metric	MRQ	MRQ-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31
Working Capital	845.7M	824.1M	563.1M	179.4M	5.1M	957.7M	523.9M	1,118.6M	-256.1M	-464.3M	-650.8M	-806.4M
Total Capital	12,507.1M	9,682.6M	9,102.2M	8,353.2M	7,038.3M	6,157.3M	3,953.0M	3,496.5M	1,935.4M	1,979.3M	1,813.2M	1,478.8M
Capital Employed	9,197.0M	9,060.1M	8,914.4M	8,068.4M	6,792.6M	6,392.5M	4,133.8M	3,525.6M	1,790.8M	1,616.4M	1,497.1M	1,144.5M
Invested Capital	10,744.2M	8,264.7M	7,719.2M	7,292.3M	6,217.2M	4,436.3M	2,677.4M	2,086.3M	1,611.6M	1,748.7M	1,656.6M	1,342.1M

Cash Flow Statement

Metric	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31
Net Income	146.69M	721.49M	963.87M	453.01M	602.68M	709.92M	491.48M	387.71M	387.47M	274.30M	281.81M	78.49M
Depreciation & Amortization	0.00M	373.78M	533.28M	441.73M	361.81M	267.87M	187.80M	158.41M	154.70M	151.35M	130.32M	81.55M
Deferred Income Tax	0.00M	303.79M	0.00M	0.00M	2.73M	-6.46M	-0.04M	-0.15M	1.49M	-0.66M	-1.02M	0.91M
Stock-Based Compensation	0.00M	-7.03M	0.00M	-7.03M	-2.02M	21.80M	1.45M	0.00M	0.00M	0.00M	0.00M	0.00M
Change in Working Capital	-1,735.10M	-299.44M	-360.19M	-660.26M	-541.63M	-247.13M	81.84M	-182.08M	226.01M	7.20M	-293.05M	74.88M
Accounts Receivable	-396.64M	-59.05M	-534.91M	-179.85M	17.58M	-645.52M	-123.19M	-592.88M	125.38M	9.01M	-252.37M	-61.46M
Inventory	-1,338.46M	-235.69M	-529.21M	-473.38M	-307.44M	-905.03M	-201.86M	-62.95M	97.80M	-62.80M	-263.26M	39.98M
Accounts Payable	0.00M	0.00M	703.93M	377.96M	-254.50M	1,309.88M	406.93M	473.90M	1.34M	61.43M	223.81M	95.45M
Other Working Capital	0.00M	-4.70M	703.93M	-384.99M	2.73M	-6.46M	-0.04M	-0.15M	128.21M	70.00M	-29.79M	34.90M
Other Non-Cash Items	2,839.94M	-358.43M	100.47M	678.61M	207.48M	79.92M	-0.24M	24.52M	47.36M	66.56M	70.17M	55.43M
Net Cash from Operating Activities	1,251.53M	1,434.28M	1,237.43M	906.06M	631.05M	825.91M	762.29M	388.56M	815.54M	499.40M	189.25M	290.35M
Capital Expenditures (PPE)	-854.70M	-1,528.54M	-1,171.72M	-1,343.92M	-1,680.05M	-1,747.20M	-633.34M	-331.12M	-196.08M	-114.28M	-250.45M	-428.25M
Acquisitions (Net)	44.19M	25.38M	0.00M	-74.03M	167.30M	-91.50M	-293.44M	331.24M	0.00M	114.49M	250.87M	429.03M
Purchases of Investments	-118.01M	-9.56M	-0.75M	-113.56M	-1,599.47M	-401.50M	-813.00M	-1,024.90M	-274.16M	-126.00M	-118.70M	-70.00M
Sales / Maturities of Investments	-169.65M	317.08M	0.27M	143.11M	1,584.43M	405.74M	1,113.45M	725.84M	291.90M	116.52M	108.99M	71.49M
Other Investing Activities	50.72M	-136.80M	29.21M	35.31M	-131.99M	75.41M	49.43M	-331.12M	3.04M	-114.28M	-250.45M	-428.25M
Net Cash from Investing Activities	-1,047.45M	-1,428.07M	-1,142.99M	-1,353.10M	-1,659.78M	-1,759.06M	-576.88M	-630.08M	-175.30M	-123.56M	-259.73M	-425.98M
Net Debt Issuance	75.17M	1,295.55M	600.28M	-63.89M	555.86M	1,767.14M	-282.79M	147.22M	-229.50M	-226.26M	-50.13M	-26.22M
Long-Term Debt Issuance	13.01M	1,295.55M	600.28M	-63.89M	555.86M	1,767.14M	204.33M	147.22M	-229.50M	-2.25M	-50.13M	-26.22M
Short-Term Debt Issuance	62.16M	0.00M	0.00M	0.00M	0.00M	0.00M	-487.12M	0.00M	0.00M	-224.01M	0.00M	0.00M
Net Stock Issuance	-63.38M	71.81M	-63.38M	-235.19M	-50.10M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock Issuance	0.00M	0.00M	0.00M	0.00M	50.10M	0.10M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock Repurchased	-63.38M	-235.19M	-63.38M	-235.19M	-50.10M	-0.10M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Preferred Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Dividends Paid	-3.93M	-683.54M	-294.53M	-300.97M	-186.50M	-163.19M	-161.47M	-51.90M	-68.13M	-35.81M	-55.73M	-48.69M
Common Dividends Paid	-3.93M	-65.95M	-294.53M	-190.22M	-186.50M	-163.19M	-161.47M	-51.90M	-68.13M	-35.81M	-55.73M	-48.69M
Preferred Dividends Paid	0.00M	-473.21M	0.00M	-110.75M	-79.08M	0.00M	0.00M	-21.94M	0.00M	0.00M	0.00M	0.00M
Other Financing Activities	-63.47M	-604.76M	-72.94M	969.03M	12.79M	-211.68M	98.69M	1,123.19M	-284.83M	-15.00M	215.24M	168.73M
Net Cash from Financing Activities	-55.61M	223.43M	169.43M	368.97M	252.97M	1,392.28M	-345.57M	1,196.58M	-582.46M	-277.07M	109.37M	93.83M
Effect of FX on Cash	285.52M	-4.19M	11.45M	6.36M	-71.95M	4.68M	-5.97M	-2.61M	1.56M	-1.71M	0.34M	0.98M
Net Change in Cash	430.75M	449.76M	275.32M	26.99M	-847.71M	463.81M	-166.14M	952.45M	59.34M	97.06M	39.23M	-40.81M
Cash at Beginning of Period	3,951.71M	3,787.86M	678.27M	651.29M	1,498.99M	1,035.18M	1,201.32M	248.87M	189.53M	92.47M	53.24M	94.05M
Cash at End of Period	4,382.46M	4,237.63M	953.60M	678.27M	651.29M	1,498.99M	1,035.18M	1,201.32M	248.87M	189.53M	92.47M	53.24M
Operating Cash Flow	1,248.29M	1,434.28M	1,237.43M	906.06M	631.05M	825.91M	762.29M	388.56M	815.54M	499.40M	189.25M	290.35M
Capital Expenditure	-854.70M	-1,528.54M	-1,171.72M	-1,343.92M	-1,680.05M	-1,747.20M	-633.34M	-331.12M	-196.08M	-114.28M	-250.45M	-428.25M
Free Cash Flow	393.59M	-94.26M	65.71M	-437.85M	-1,049.00M	-921.29M	128.95M	57.43M	619.46M	385.12M	-61.20M	-137.89M

Free Cash Flow

Metric	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31
EBITDA	1,318.69M	1,693.24M	1,941.44M	1,469.31M	1,359.89M	1,296.61M	829.18M	695.41M	739.08M	622.65M	587.01M	246.33M
(-) Tax Adjustment	231.35M	322.14M	349.56M	300.88M	231.93M	239.99M	162.94M	135.98M	153.74M	145.50M	111.76M	52.65M
(-) Change In Working Capital	-1,735.10M	-299.44M	-360.19M	-660.26M	-541.63M	-247.13M	81.84M	-182.08M	226.01M	7.20M	-293.05M	74.88M
(-) Capital Expenditure	-854.70M	-1,528.54M	-1,171.72M	-1,343.92M	-1,680.05M	-1,747.20M	-633.34M	-331.12M	-196.08M	-114.28M	-250.45M	-428.25M
Unlevered Free Cash Flow	1,967.74M	142.01M	780.36M	484.77M	-10.47M	-443.45M	-48.93M	410.39M	163.25M	355.67M	517.86M	-309.45M
(-) Net Interest Income After Taxes	-148.13M	-82.01M	-105.73M	-72.38M	-65.81M	-35.49M	-12.03M	-14.38M	-31.55M	-30.22M	-38.05M	41.74M
Net Debt Issuance	75.17M	1,295.55M	600.28M	-63.89M	555.86M	1,767.14M	-282.79M	147.22M	-229.50M	-226.26M	-50.13M	-26.22M
Levered Free Cash Flow	2,191.03M	1,519.56M	1,486.38M	493.26M	611.20M	1,359.18M	-319.69M	571.99M	-34.70M	159.64M	505.77M	-377.41M