회사 개요
Yimutian Inc. operates as a technology-focused enterprise that delivers agricultural B2B platform services specifically designed to facilitate product transactions within the People's Republic of China. The company leverages its technological infrastructure to develop and maintain the Yimutian App, which functions as a B2B e-commerce platform, alongside the Douniu App, an online agricultural product wholesale market. As a public entity listed under the Technology sector within the Software - Application industry, the firm currently supports a workforce of 592 employees. With a market capitalization of $20.15M and annual revenue reported at $146.88M over the trailing twelve months, the company occupies a small-cap position in the market. These financial figures suggest that while the firm has generated significant top-line revenue in absolute terms, its market valuation relative to its revenue base indicates a niche or highly specialized operational status rather than broad-scale market dominance.
재무 건전성
The company reported revenue of $146.88M for the trailing twelve months, yet posted a net income of $-123,459,000, revealing a substantial divergence between top-line sales and bottom-line profitability that points to a heavy cost structure. EBITDA for the period stands at $-30,319,000, indicating that operating cash flows before interest and taxes are also negative, which constrains the company's ability to fund operations without external capital. Free cash flow is not reported as N/A, suggesting that the firm may not be generating sufficient operating cash to cover capital expenditures, thereby limiting its financial flexibility for internal expansion. The gross margin is reported at 84.9%, which reflects high efficiency in the cost of goods sold relative to revenue, yet this is offset by significant operating expenses. Conversely, the operating margin sits at -37.1% and the profit margin at -21.7%, demonstrating that overhead costs and other expenses are eroding a large portion of the gross profit. On the balance sheet, the company holds $2.06M in cash against $301.76M in debt, creating a scenario where liabilities far exceed liquid assets. The debt-to-equity ratio is listed as N/A, but the sheer magnitude of debt relative to cash reserves indicates a highly leveraged financial position. Furthermore, the current ratio is 0.09, which signifies a severe liquidity constraint where current assets are less than one-tenth of current liabilities. Return on Equity and Return on Assets are both N/A, likely due to the company's negative net income and complex capital structure, which prevents these metrics from reflecting management effectiveness in a standard manner.
밸류에이션 평가
The trailing P/E ratio and forward P/E ratio are both N/A due to the company's consistent net losses over the trailing twelve months, which implies that traditional earnings-based valuation multiples cannot currently be applied to assess expected earnings trajectory. The price-to-book ratio is -0.01, a figure that indicates the market values the company at a fraction of its book value, often seen in distressed situations or entities with significant intangible assets not captured on the balance sheet. In terms of alternative valuation metrics, the price-to-sales ratio stands at 0.14 while the EV/EBITDA is -71.98, suggesting that the market is pricing the stock based on revenue generation rather than profitability or cash flow generation. The 52-week high for the stock is $6.05 and the 52-week low is $0.15, meaning the shares are trading in a range with significant volatility, though the specific current price relative to this range requires external data not provided in the facts. The beta is listed as N/A, which means there is no available historical data to quantify the stock's price volatility relative to the broader market movements. These valuation characteristics collectively paint a picture of a speculative asset where traditional financial health indicators are compromised by negative earnings and high leverage.
Growth & Income
The company experienced a revenue growth rate of -22.8% year over year, while earnings growth is N/A due to the lack of positive earnings, indicating that the business is contracting rather than expanding its top line. Since the firm does not pay dividends, the dividend yield is N/A and the payout ratio is 0.0%, which confirms that the company retains all its earnings, albeit negative ones, rather than distributing them to shareholders. As a non-dividend payer, the company reinvests earnings into growth initiatives, but the negative earnings growth suggests that these reinvestment efforts have not yet translated into profitable operations. The overall growth and income profile is characterized by a contraction in revenue, an absence of dividends, and a reliance on external financing to sustain operations amidst negative earnings and liquidity constraints.