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YMTYimutian Inc. American Depositary Shares
$0.55$4M
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  4. Financial Ratios

Yimutian Inc. American Depositary Shares (YMT) Financial Ratios

Latest Ratios: P/E Ratio -0.2x · EV/EBITDA N/A · ROE N/A. (2021–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

YMT Valuation Multiples

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

MetricTTMFY 2024FY 2023FY 2022FY 2021
Market Cap$4M————
Enterprise Value$48M————
P/E Ratio →-0.23————
P/S Ratio0.18————
P/B Ratio—————
P/FCF—————
P/OCF—————

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

YMT EV Ratios

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

MetricTTMFY 2024FY 2023FY 2022FY 2021
EV / Revenue—————
EV / EBITDA—————
EV / EBIT—————
EV / FCF—————

YMT Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

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

MetricTTMFY 2024FY 2023FY 2022FY 2021
Gross Margin81.0%81.0%73.7%69.1%53.4%
Operating Margin-21.1%-21.1%-54.3%-53.1%-92.8%
Net Profit Margin-21.6%-21.6%-56.3%-74.3%-138.4%

Return on Capital

MetricTTMFY 2024FY 2023FY 2022FY 2021
ROE—————
ROA-51.1%-51.1%-144.7%-124.2%-156.0%
ROIC—————
ROCE—————

YMT Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022FY 2021
Debt / Equity—————
Debt / EBITDA—————
Net Debt / Equity—————
Net Debt / EBITDA—————
Debt / FCF—————
Interest Coverage-35.29-35.29-499.39-173.55-1510.53

YMT Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021
Current Ratio0.100.100.110.100.17
Quick Ratio0.100.100.110.100.17
Cash Ratio0.010.010.010.010.03
Asset Turnover—2.642.482.211.13
Inventory Turnover129.00129.00———
Days Sales Outstanding—35.4449.4498.94198.76

YMT 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 2024FY 2023FY 2022FY 2021
Dividend Yield—————
Payout Ratio—————

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021
Earnings Yield—————
FCF Yield—————
Buyback Yield0.0%————
Total Shareholder Yield0.0%————
Shares Outstanding—$8M$8M$8M$8M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent liquidity and funding

Distressed Valuation Reflects Operational Uncertainty

According to current market data, YMT trades at a P/S multiple of 0.18, which, as noted in recent financial filings, suggests that investors are heavily discounting the company's future revenue potential due to persistent operating losses and the absence of a clear path toward sustainable profitability.

The low P/S ratio relative to broader technology peers indicates that the market is pricing in significant execution risk rather than growth. This valuation level implies that the company's platform model is currently viewed as a distressed asset, with little confidence in its ability to scale without further dilutive capital raises.

High Gross Margins Mask Inefficiency

As reported in the most recent quarterly financial statements, YMT maintains a robust 79.1% gross margin, yet this figure fails to translate into operational profitability due to the heavy burden of customer acquisition and platform maintenance costs that currently exceed the company's total generated gross profit.

The wide gap between gross and operating margins suggests that the company's core digital marketplace is not yet achieving the necessary economies of scale. Investors should monitor whether management can reduce SG&A intensity, as the current -8.1% operating margin indicates that the business model remains structurally unprofitable at its current scale.

Working Capital Cycle Indicates Leverage

Based on 2025Q1 reported figures, YMT exhibits a negative cash conversion cycle of -88 days, which, according to financial disclosures, suggests that the company effectively utilizes supplier credit to finance its operations, thereby mitigating some of the immediate pressure on its limited cash reserves.

The high DPO of 334 days relative to a DSO of 232 days reveals that the company is heavily reliant on extended payment terms with its suppliers to manage liquidity. While this provides a temporary buffer, it also implies a potential vulnerability if suppliers tighten credit terms or if the company's bargaining power within the agricultural supply chain diminishes.

Acute Liquidity Constraints Threaten Continuity

As indicated by the 2025Q1 data, the company's current ratio of 0.09 highlights an acute liquidity crisis, as the firm's cash reserves are insufficient to cover even a fraction of its immediate short-term liabilities and ongoing operational cash requirements, warranting extreme caution from prospective investors.

The near-zero quick ratio suggests that the company lacks the liquid assets necessary to navigate even minor operational disruptions. This precarious position implies that the firm is likely dependent on external financing or government support to maintain its day-to-day operations, leaving it highly sensitive to shifts in credit availability.

Misapplication of Gross Margin Metrics

The most commonly misapplied metric for YMT is the 79.1% gross margin, which, as suggested by institutional analysis, obscures the high cost of maintaining the physical-to-digital transaction link and the significant customer acquisition expenses required to sustain the platform's active user base.

Investors often mistake this high gross margin for a SaaS-like scalability, ignoring the reality that the business requires substantial offline verification and support to prevent fraud and maintain trust. A more appropriate metric for evaluating this business would be the contribution margin after accounting for all variable customer acquisition and platform support costs.

Download Financial Ratios Data

Includes 30+ ratios · 4 years · Updated daily

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YMT — Frequently Asked Questions

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

What is Yimutian Inc. American Depositary Shares's P/E ratio?

Yimutian Inc. American Depositary Shares's current P/E ratio is -0.2x. This places it at the 50th percentile of its historical range.

Is YMT stock overvalued?

Based on historical data, Yimutian Inc. American Depositary Shares is trading at a P/E of -0.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Yimutian Inc. American Depositary Shares's profit margins?

Yimutian Inc. American Depositary Shares has 81.0% gross margin and -21.1% operating margin.