YXT.COM GROUP HOLDING Ltd 2024 20-F Filing
Ticker: YXT · Form: 20-F · Filed: Apr 24, 2025 · CIK: 1872090
Sentiment: mixed
Topics: 20-F, annual-report, investment, software
TL;DR
YXT.COM GROUP HOLDING Ltd filed its 2024 20-F, showing mixed results on its Shanghai Jiayang investment.
AI Summary
YXT.COM GROUP HOLDING Ltd filed its 20-F for the fiscal year ending December 31, 2024. The company reported unrealized gains of RMB 5,941 in Accumulated Other Comprehensive Income for 2023 and an unrealized loss of RMB 1,645 for 2024 related to its investment in Shanghai Jiayang Information System Co., Ltd. Shanghai Jiayang declared and paid a dividend of RMB 500 in 2024.
Why It Matters
This filing provides investors with the company's annual financial performance and disclosures, including details on its investments and their impact on comprehensive income.
Risk Assessment
Risk Level: medium — The filing details specific investments and their financial impact, indicating a need for investors to assess the company's financial health and strategic decisions.
Key Numbers
- 2024 — Fiscal Year End (The period covered by the 20-F filing.)
- RMB 1,645 — Unrealized Loss (Impact on Accumulated Other Comprehensive Income for the year ended December 31, 2024, related to Shanghai Jiayang investment.)
- RMB 500 — Dividend Paid (Dividend declared and paid by Shanghai Jiayang in 2024.)
Key Players & Entities
- YXT.COM GROUP HOLDING Ltd (company) — Filer of the 20-F
- Shanghai Jiayang Information System Co., Ltd (company) — Company in which YXT.COM GROUP HOLDING Ltd has an equity interest
- RMB 55,000 (dollar_amount) — Cash consideration for Jiayang Investment
- RMB 2,130 (dollar_amount) — Unrealized gain in AOCI for 2022
- RMB 5,941 (dollar_amount) — Unrealized gain in AOCI for 2023
- RMB 1,645 (dollar_amount) — Unrealized loss in AOCI for 2024
- RMB 500 (dollar_amount) — Dividend declared and paid by Shanghai Jiayang in 2024
FAQ
What was the total consideration paid for the 10% equity interest in Shanghai Jiayang?
The cash consideration for the 10% equity interest in Shanghai Jiayang was RMB 55,000.
What was the financial impact of the Shanghai Jiayang investment on YXT.COM GROUP HOLDING Ltd's Accumulated Other Comprehensive Income in 2024?
YXT.COM GROUP HOLDING Ltd recognized an unrealized loss of RMB 1,645 in Accumulated Other Comprehensive Income for the year ended December 31, 2024, related to the Shanghai Jiayang investment.
Did Shanghai Jiayang pay any dividends in 2023?
No, Shanghai Jiayang declared and paid nil dividends for the year ended December 31, 2023.
When was the investment in Shanghai Jiayang legally settled?
The investment in Shanghai Jiayang was legally settled on October 13, 2021.
What is the business of Shanghai Jiayang Information System Co., Ltd?
Shanghai Jiayang Information System Co., Ltd is principally engaged in human resource management software.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on April 24, 2025 regarding YXT.COM GROUP HOLDING Ltd (YXT).