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YHNAYHN Acquisition I Limited
$10.88$84M
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  4. Financial Ratios

YHN Acquisition I Limited (YHNA) Financial Ratios

Latest Ratios: P/E Ratio 483.6x · EV/EBITDA N/A · ROE 0.4%. (2024–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

YHNA Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024
Market Cap$84M$62M$78M
Enterprise Value$84M$61M$77M
P/E Ratio →483.56471.561212.05
P/S Ratio———
P/B Ratio2.542.481.30
P/FCF———
P/OCF———

P/E links to full P/E history page with 30-year chart

YHNA EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024
EV / Revenue———
EV / EBITDA———
EV / EBIT———
EV / FCF———

YHNA Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024
Gross Margin———
Operating Margin———
Net Profit Margin———

Return on Capital

MetricTTMFY 2025FY 2024
ROE0.4%0.4%0.8%
ROA0.4%0.4%0.8%
ROIC-2.0%-2.0%—
ROCE-2.6%-2.6%-0.5%

YHNA Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024
Debt / Equity———
Debt / EBITDA———
Net Debt / Equity—-0.01-0.01
Net Debt / EBITDA———
Debt / FCF———
Interest Coverage———

Net cash position: cash ($140550) exceeds total debt ($0)

YHNA Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024
Current Ratio0.180.185.76
Quick Ratio0.180.185.76
Cash Ratio0.170.175.35
Asset Turnover———
Inventory Turnover———
Days Sales Outstanding———

YHNA Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024
Dividend Yield3.9%4.0%—
Payout Ratio———

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024
Earnings Yield0.2%0.2%0.1%
FCF Yield———
Buyback Yield5.6%7.6%0.0%
Total Shareholder Yield9.5%11.6%0.0%
Shares Outstanding—$6M$8M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidation and Capital Exhaustion

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Distorted Multiples Mask Structural Decay

As reported in financial statements, YHNA's P/E ratio of 482.67 appears fundamentally disconnected from its pre-revenue status, suggesting that current market pricing reflects speculative optionality rather than any underlying earnings power or sustainable growth trajectory typical of established financial services conglomerates.

The elevated P/E multiple is likely a byproduct of non-recurring accounting adjustments rather than operational success. Investors should monitor this metric with extreme caution, as it fails to account for the rapid erosion of the company's capital base and the lack of a viable business combination.

Liquidity Buffer Nearing Total Depletion

Based on the 2026Q1 balance sheet, YHNA's current ratio has collapsed to 0.01, representing a catastrophic decline from previous periods and leaving the company with virtually no financial buffer to meet its ongoing regulatory and professional service obligations in the Hong Kong market.

This near-zero liquidity position suggests that the entity is effectively unable to sustain its own operations without immediate external capital injections. The rapid deterioration of the current ratio indicates that the company's ability to remain a going concern is increasingly dependent on securing a merger target immediately.

Capital Compounding Remains Non-Existent

According to quarterly data, YHNA's ROIC has trended into negative territory, reaching -0.1% in 2026Q1, which highlights the vehicle's inability to generate any meaningful return on its invested capital while it remains in a development-stage shell configuration.

The negative ROIC trend confirms that the company is currently destroying value rather than compounding it. This performance is consistent with a shell entity that lacks operational assets and is primarily focused on administrative survival rather than capital efficiency.

Misapplication of Earnings-Based Valuation Metrics

The most commonly misapplied ratio for YHNA is the Price-to-Earnings (P/E) multiple, which obscures the reality that the company is a pre-revenue shell whose net income is driven by non-cash warrant liability adjustments rather than core operational performance.

Analysts should instead focus on the Net Asset Value (NAV) per share, adjusted for potential dilution from sponsor warrants and redemptions. Relying on P/E ratios for a SPAC is fundamentally flawed, as it treats non-recurring accounting gains as sustainable earnings, leading to a significant mispricing of the vehicle's true economic value.

Download Financial Ratios Data

Includes 30+ ratios · 2 years · Updated daily

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YHNA — Frequently Asked Questions

Quick answers to the most common questions about buying YHNA stock.

What is YHN Acquisition I Limited's P/E ratio?

YHN Acquisition I Limited's current P/E ratio is 483.6x. This places it at the 50th percentile of its historical range.

What is YHN Acquisition I Limited's ROE?

YHN Acquisition I Limited's return on equity (ROE) is 0.4%. The historical average is 0.6%.

Is YHNA stock overvalued?

Based on historical data, YHN Acquisition I Limited is trading at a P/E of 483.6x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is YHN Acquisition I Limited's dividend yield?

YHN Acquisition I Limited's current dividend yield is 3.90%.