Company: YSXT
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001410578-25-001545
Chunk: 108

Company: YSX Tech Co., Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 5
Chunk 108
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-party customers        $                                  51,558,098       72.2      46,618,820       79.6      $                     $                 
  Revenue from related party customers                                         19,894,638       27.8      11,927,909       20.4                                              
  Total revenue                             $                                  71,452,736      100.0      58,546,729      100.0      $                     $                 

Key Financial Performance Indicators

In assessing our financial performance, we consider a variety of financial performance measures, including growth in net revenue and gross profit, our ability to control costs and operating expenses to improve our operating efficiency and net income. Our review of these indicators facilitates timely evaluation of the performance of our business and effective communication of results and key decisions, allowing our business to respond promptly to competitive market conditions and different demands and preferences from our customers. The key measures that we use to evaluate the performance of our business are set forth below and are discussed in greater detail under “ Comparison of Results of Operations for the Fiscal Years Ended March 31, 2025, 2024 and 2023.”

Table of Contents

Net Revenue

Our net revenue is driven by changes in the mix of services provided to customers, service volume, average price charged for services rendered and number of customers for our services.

                                                                                                                                                                               %                            %  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Revenue from auto insurance aftermarket value-added services:                                                                                                                                                
  Vehicle safety inspection and check services                                                          2,464,302       2,291,332       4,042,942           172,970          7.5      (1,751,610)      (43.3)  
  Vehicle driving risk screening services                                                              34,589,781       2,588,988       4,384,924        32,000,793      1,236.0      (1,795,936)      (41.0)  
  Designated driver and rescuing services                                                                 595,021         529,179         120,827            65,842         12.4          408,352       338.0  
  Vehicle maintenance related services                                                                 25,749,756      40,152,030      33,889,943      (14,402