YSX Tech. Co., Ltd, through its subsidiaries, provides auto insurance aftermarket value-added services to auto insurance and brokerage companies in China. The ...
YSX Tech. Co., Ltd (YSXT) is a China-based technology and services company incorporated in 2022 and headquartered in Guangzhou, Guangdong. The company operates through subsidiaries and serves enterprise customers—primarily auto insurance and brokerage partners—by helping them add value to insurance policies and streamline post-sale and channel operations. From a business ...YSX Tech. Co., Ltd (YSXT) is a China-based technology and services company incorporated in 2022 and headquartered in Guangzhou, Guangdong. The company operates through subsidiaries and serves enterprise customers—primarily auto insurance and brokerage partners—by helping them add value to insurance policies and streamline post-sale and channel operations.
From a business perspective, YSX combines offline, on-the-ground service delivery with software and information technology capabilities. In the auto-insurance aftermarket context, the company provides customer-facing and partner-facing services that can improve customer experience, support claims-adjacent workflows, and reduce operational friction for insurance companies and brokers. Its vehicle-related offerings include scenario-based vehicle safety inspection and check services (e.g., gearbox/transmission, steering system, multi-point inspections, electronic system inspection, and brake system inspection). It also provides driving risk screening services, designed to support underwriting or risk evaluation processes depending on partner requirements.
The company further offers designated driver and rescue services. These may include arranging designated drivers for customers who need assistance after drinking, as well as car jump-start and towing services—services that are commonly integrated into auto assistance or insurance value-added packages.
In addition to inspection and rescue, YSX provides vehicle maintenance and other value-added services such as car wash, windshield/wiper maintenance, tire repair and rotation, four-wheel positioning, vehicle body paint, air-conditioning maintenance, engine inspection and maintenance, oil changes, car waxing, and battery-related services. These services can be used to fulfill insurance-adjacent customer needs and to create additional service touchpoints for partners.
On the technology side, the company offers software development and information technology services, as well as consulting services. This aligns with descriptions that YSX began as a technology company focused on insurance sales and order management applications that gained popularity among Chinese insurance companies. In practice, this means YSX can support partners not only with services but also with supporting systems such as customer development enablement, product/service introduction, sales strategy and skills education, and planning/organizing seasonal promotional activities at dealerships.
Operationally, the company shows a relatively small workforce (about 38 full-time employees per the provided dataset), which suggests an asset-light, partner-and-network oriented operating model where service delivery is likely executed through partner resources and service arrangements rather than a large internal labor pool.
Regarding cost and financial structure, the provided dataset indicates profitability and cash-flow metrics that can vary period to period, and with recent operating cash flow and free cash flow measures showing negative free cash flow figures in the latest TTM snapshot. While specific cost breakdowns (e.g., detailed BOM or unit economics per service) are not provided in the source text, the business model implies that major cost drivers likely include technology/IT development, personnel and partner management, and payments to service execution channels for vehicle assistance and maintenance.
Key people include CEO and co-founder Jie Xiao. As the company is a subsidiary of Jeffre Xiao XJ Holding Limited, it may leverage group capabilities while focusing on its niche of insurance value-added aftermarket services and enabling technology for insurance distribution and operations.
From a forward-looking standpoint, the company’s “wishes” in business terms can be interpreted as expanding partner coverage, deepening integration of its value-added services into insurance/broker workflows, and increasing the adoption and effectiveness of its software/consulting solutions to support scalable sales and service fulfillment in China’s auto insurance ecosystem.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$83.5M
+16.8%
+3.6%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$2.8M
-30.3%
-95.3%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+6.4%
-37.9%
-66.5%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+4.2%
-36.8%
-79.2%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+3.4%
-40.3%
-95.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-2.9M
+55.7%
+161.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-3.5%
+62.1%
+159.5%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
24.6%
+10.5%
-0.9%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
2.79x
-16.7%
-13.5%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.