Yonyou (600588.SS) stock price, revenue, and financials

Yonyou annual revenue was ¥7.70 b in FY 2018

¥3.3 B

Yonyou Revenue H1, 2019
Yonyou Gross profit (H1, 2019)2.2 B
Yonyou Gross profit margin (H1, 2019), %66%
Yonyou Net income (H1, 2019)559.8 M
Yonyou EBIT (H1, 2019)594.4 M
Yonyou Cash, 30-Jun-20194.4 B

Yonyou Revenue

Yonyou revenue was ¥7.70 b in FY, 2018 which is a 21.4% year over year increase from the previous period.

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Yonyou Revenue Breakdown

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Yonyou revenue breakdown by business segment: 96.6% from Primary Activity and 3.4% from Other

Yonyou Income Statement

Annual

CNYFY, 2016FY, 2017FY, 2018

Revenue

5.1b6.3b7.7b

Revenue growth, %

24%21%

Cost of goods sold

1.6b1.8b2.3b

Gross profit

3.5b4.5b5.4b

Gross profit Margin, %

69%71%70%

Sales and marketing expense

1.3b1.4b1.6b

R&D expense

1.3b

General and administrative expense

2.0b2.3b1.5b

Operating expense total

3.3b3.8b4.4b

EBIT

(51.4m)676.2m943.1m

EBIT margin, %

(1%)11%12%

Interest expense

137.3m190.3m

Interest income

53.9m85.2m

Investment income

51.5m71.6m100.6m

Pre tax profit

295.5m685.8m950.3m

Income tax expense

51.3m125.8m140.1m

Net Income

244.2m560.0m810.2m

Half Year

CNYH1, 2017H1, 2018H1, 2019

Revenue

2.2b3.0b3.3b

Cost of goods sold

705.8m934.6m1.1b

Gross profit

1.5b2.1b2.2b

Gross profit Margin, %

68%69%66%

Sales and marketing expense

541.3m596.7m584.2m

R&D expense

739.7m

General and administrative expense

997.2m1.2b539.9m

Operating expense total

1.5b1.8b1.9b

EBIT

(56.8m)294.0m594.4m

EBIT margin, %

(3%)10%18%

Interest expense

90.5m87.0m

Interest income

32.7m32.8m

Investment income

17.6m18.8m169.7m

Pre tax profit

(40.3m)297.0m595.5m

Income tax expense

10.6m72.4m35.7m

Net Income

(50.9m)224.7m559.8m

Yonyou Balance Sheet

Annual

CNYFY, 2016FY, 2017FY, 2018

Cash

4.5b4.0b5.5b

Accounts Receivable

1.6b1.5b1.4b

Prepaid Expenses

50.4m57.7m65.6m

Inventories

34.6m31.8m21.8m

Current Assets

7.5b7.3b8.3b

PP&E

613.6m322.2m446.1m

Goodwill

984.0m975.9m925.0m

Total Assets

12.2b14.0b15.2b

Accounts Payable

436.0m452.9m455.6m

Short-term debt

2.4b3.5b3.2b

Current Liabilities

5.5b6.9b7.3b

Long-term debt

254.3m305.1m171.7m

Non-Current Liabilities

307.3m368.2m220.8m

Total Debt

2.6b3.8b3.3b

Total Liabilities

5.8b7.3b7.6b

Common Stock

1.5b1.5b1.9b

Additional Paid-in Capital

2.4b2.2b2.1b

Retained Earnings

1.3b1.5b1.8b

Total Equity

6.4b6.7b7.7b

EPS

0.10.30.3

Debt to Equity Ratio

0.4 x0.6 x0.4 x

Debt to Assets Ratio

0.2 x0.3 x0.2 x

Financial Leverage

1.9 x2.1 x2 x

Half Year

CNYH1, 2017H1, 2018H1, 2019

Cash

2.9b3.7b4.4b

Accounts Receivable

1.6b1.5b1.3b

Prepaid Expenses

83.3m72.8m75.4m

Inventories

37.9m28.3m22.9m

Current Assets

6.9b7.0b7.8b

PP&E

254.1m369.1m

Goodwill

996.6m970.5m925.0m

Total Assets

13.0b13.8b15.1b

Accounts Payable

404.6m403.8m460.1m

Short-term debt

3.8b3.8b4.3b

Current Liabilities

6.8b6.8b7.6b

Long-term debt

271.0m243.3m90.0m

Non-Current Liabilities

318.8m292.6m178.6m

Total Debt

4.0b4.0b4.4b

Total Liabilities

7.1b7.1b7.8b

Common Stock

1.5b1.9b2.5b

Additional Paid-in Capital

2.4b1.9b1.6b

Retained Earnings

1.1b1.4b1.9b

Total Equity

5.9b6.7b7.3b

Debt to Equity Ratio

0.7 x0.6 x0.6 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x

Financial Leverage

2.2 x2.1 x2.1 x

Yonyou Cash Flow

Annual

CNYFY, 2016FY, 2017FY, 2018

Net Income

244.2m560.0m810.2m

Cash From Operating Activities

887.1m1.4b2.0b

Cash From Investing Activities

(531.0m)(2.7b)151.6m

Long-term Borrowings

2.5b3.2b4.6b

Dividends Paid

31.1m63.9m108.5m

Cash From Financing Activities

(22.0m)569.3m(766.6m)

Net Change in Cash

324.0m(744.0m)1.4b

Half Year

CNYH1, 2017H1, 2018H1, 2019

Net Income

(50.9m)224.7m559.8m

Cash From Operating Activities

(575.9m)(36.3m)(321.9m)

Cash From Investing Activities

(1.9b)(290.2m)(950.6m)

Long-term Borrowings

2.1b2.9b2.3b

Dividends Paid

59.2m96.8m91.3m

Cash From Financing Activities

888.1m(151.1m)(49.0m)

Net Change in Cash

(1.6b)(477.3m)(1.3b)

Yonyou Ratios

CNYY, 2019

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x

Yonyou Operating Metrics

Yonyou's Registered Users was reported to be 4.7 m in FY, 2018.
FY, 2016FY, 2017FY, 2018Sep, 2019

Registered Users

2.68 m3.93 m4.67 m

Paying Users

361.90 k

New Enterprise Customers

15 k

Industries Served

6

Product Lines

3

Partners

3 k