YSX Tech Co Ltd

ysxnet.com

What Do They Do?

Provides auto insurance aftermarket services and customized business solutions to insurance companies, brokerages and other enterprise customers in China.

How Do They Make Money?

Insurance companies and brokerages pay for auto insurance services when each service is completed. Customers pay for customized services when the work is completed and accepted.

revenue

Segment	Share	How money arrives
Auto insurance aftermarket value-added services Sold outright	97% FY2023: 86%	Sold outright
Other scenario-based customized services Sold outright	3.2% FY2023: 7.2%	Sold outright
Software development and information technology services	0.1% FY2023: 6.6%

Who Are Their Customers?

Insurance companies and brokerages are the main buyers; larger insurers select providers through bidding, while smaller insurers and brokerages use application and approval processes. Other customers include technology, manufacturing and trade companies.

Customers above 10% of revenue, FY2026

of revenue from three customers (29%, 28%, 26%)

FY2025: 89% from four customers

Do Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in FY2026, but spent more cash than it brought in: free cash flow was −$2.8M.

Operating income, FY2026

4% of revenue

▼ −26% vs FY2025 ($4.8M, 7%)

Net income, FY2026

3% of revenue

▼ −30% vs FY2025 ($4M, 6%)

Free cash flow, FY2026

−3% of revenue

▼ −58% (Loss) vs FY2025 (−$6.7M, −9%)

How Are They Changing?

Growing. Revenue grew 70% in 3 years, from $49.2M in FY2023 to $83.5M in FY2026, about 19% a year.

Revenue over time

Auto insurance aftermarket value-added services Other scenario-based customized services Software development and information technology services

$100M$50M$0

FY2023 FY2024 FY2025 FY2026

Financial Snapshot

Last updated: 10/27/2026

Size

Revenue: N/A
Net Income: N/A

Growth FY2026

Revenue Growth
EPS Growth

Profitability

Gross Margin: N/A
Operating Margin: N/A
Net Income Margin: N/A

Cash flow

Free Cash Flow: N/A

Balance sheet Q4 FY2026

Cash
Debt to Equity

Valuation Today

Market Cap: $42.72M
P/E: N/A

Company Facts

Industry: Automotive Repair, Services & Parking
Incorporated
Headquarters
Employees

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