bullish

Hywin [HYW}: Solid Sales, 60% Net Cash, 17% FCF Yield, Strong Client Metrics

308 Views20 Sep 2023 17:34
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SUMMARY
  • Active clients increased 6.5% to 46,627 [roughly 30% of total], despite challenging domestic markets. Note: this metric surged 27% sequentially
  • 82% of client activity focused on international markets/products, highlighting the diverse, value-added nature of Hywin’s offerings
  • Transaction value of overall wealth products declined -9%, asset-backed products down -5.8%, reflecting weak equity & property markets
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  • Hywin [HYW}: Solid Sales, 60% Net Cash, 17% FCF Yield, Strong Client Metrics
    20 Sep 2023
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