Tag: Yeahka

Yeahka Limited (“Yeahka” or the “Company”, Stock Code: 9923.HK), a leading payment-based technology platform in China, is pleased to announce the annual results for the twelve months ended 31 December 2022 (the “year” or “2022”). Financial Highlights— Total revenue reached RMB3,418.0 million, representing a year-over-year (YoY) increase of 11.8%;— Gross profit rose 26.6% YoY to RMB1,030.9 million, while gross profit margin increased 3.6 p.p. to 30.2%;— Adjusted EBITDA amounted to RMB213.4 million, an increase of 73.0% YoY;— The gross profit margin of in-store e-commerce services improved from 35.9% in 2021 to 67.3% in 2022;— Net loss of in-store e-commerce services ... Read more

In 2022, Yeahka Limited (09923.HK) participated for the first time in the assessments for the S&P Global ESG Scores and Hang Seng Corporate Sustainability Indexes, earning impressive scores of 48 and A- (54.02), respectively. Yeahka’s S&P Global ESG score is equal to Tencent’s and higher than those of other internet companies such as Weimob, Meituan and Alibaba. Meanwhile, Yeahka’s Hang Seng ESG score is higher than both the industry average (50) and the average score of all Hong Kong listed companies that participated in the assessment (52). Initiated by S&P Global in 1999, the S&P Global ESG Scores is one ... Read more

Yeahka Limited (“Yeahka” or the “Company”, Stock Code: 9923), a leading payment-based technology platform in China, increased by 4.45% and closed at HK$17.86 per share. Its share price climbed by about 30% in the past five trading days. Yeahka recently announced its FY2022 interim results. For the six months ended 30 June 2022, the Company’s revenue was RMB1,642 million, representing a year-over-year increase of 17.07%. Gross profit rose 52.05% year-over-year to RMB529 million. The company’s gross payment value (“GPV”) reached RMB1.06 trillion, up 7.4% year-over-year. The gross merchandise value (“GMV”) of its in-store e-commerce services and the number of paying ... Read more

Yeahka Limited (“Yeahka” or the “Company”, Stock Code: 9923), a leading payment-based technology platform in China, is pleased to announce the interim results for the six months ended 30 June 2022 (the “period” or “1H 2022”). Financial Highlights— During the period, the Company’s total revenue reached RMB1,641.8 million, representing a year-over-year (YoY) increase of 17.1%. — Gross profit during the period rose 52.1% YoY to RMB529.3 million, gross margin increased from 24.8% to 32.2%, gross profit contribution from non-payment business was 50%.— Adjusted EBITDA amounted to RMB69.7million, increased by 39.7% compared with the second half of 2021.— Gross profit of ... Read more

Industrial Securities initiated coverage on Yeahka Limited (“Yeahka” or the “Company”) (09923.HK) with an “Overweight” rating. Since 2021, Yeahka has been covered actively by 13 leading brokerages (by alphabetic order), including China Renaissance, China Securities, CICC, CITI, CLSA, Daiwa, Essence Securities, Guosheng Securities, Guotai Junan Securities, Huatai Securities, Industrial Securities, Jefferies, and Zhongtai Securities. Yeahka’s sustainable, solid growth is the key to the attention from these brokerages. Recently, Yeahka stated that it will announce its audited consolidated results for the year ended 31 December, 2021.The Company’s management will host an earnings conference call on 31 March, 2022 at 8:00 PM ... Read more