Financial Statements — YJ
Balance Sheet
(in billions CNY)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Cash & Equivalents | 0.02 | 0.22 | 0.52 | 0.06 | 0.09 | 0.16 | 0.13 |
| Short-term Investments | 0.01 | -- | 0.01 | 0.03 | 0.38 | 0.13 | 0.77 |
| Accounts Receivable | 0.00 | 0.01 | 0.01 | 0.09 | 0.12 | 0.16 | 0.00 |
| Inventory | 0.04 | 0.03 | 0.04 | 0.05 | 0.08 | 0.14 | 0.43 |
| Total Current Assets | 0.36 | 0.07 | 0.81 | 0.18 | 1.71 | 2.15 | 0.41 |
| Property, Plant & Equipment | 0.28 | 0.03 | 0.18 | 0.17 | 0.01 | 0.03 | 0.05 |
| Intangible Assets | 0.02 | 0.17 | -- | -- | -- | -- | -- |
| Total Non-current Assets | 0.85 | 0.84 | 0.75 | 0.68 | 0.64 | 0.40 | 0.06 |
| Total Assets | 0.17 | 0.19 | 1.55 | 0.27 | 2.35 | 0.39 | 0.47 |
| Accounts Payable | 0.05 | 0.05 | 0.10 | 0.02 | 0.25 | 0.08 | 0.11 |
| Short-term Debt | 0.04 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 0.04 | 0.04 | 0.35 | 0.54 | 0.14 | 0.19 | 0.26 |
| Total Non-current Liabilities | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.04 |
| Total Liabilities | 0.27 | 0.27 | 0.36 | 0.54 | 0.14 | 0.19 | 0.26 |
| Retained Earnings | (6.38) | (6.25) | (6.12) | (5.96) | (0.91) | (5.95) | (0.83) |
| Total Stockholder Equity | 0.94 | 0.15 | 0.17 | 1.36 | 0.23 | 0.20 | 1.45 |
Income Statement
(in billions CNY) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Total Revenue | 0.32 | 0.42 | 0.09 | 1.15 | 0.34 | 5.53 | 11.67 |
| Cost of Revenue | 0.18 | 0.21 | 0.33 | 0.09 | 0.21 | 3.94 | 9.25 |
| Gross Profit | 0.14 | 0.21 | 0.31 | 0.50 | 0.13 | 1.59 | 0.35 |
| Selling, General & Admin | 0.13 | 0.13 | 0.02 | 0.02 | 0.23 | 0.26 | 0.28 |
| Total Operating Expenses | 0.04 | 0.34 | 0.39 | 0.58 | 0.12 | 1.69 | 0.39 |
| Operating Income | (0.14) | (0.14) | (0.01) | (0.01) | 0.02 | (0.01) | (0.04) |
| Interest Expense | 0.00 | -- | 0.00 | 0.00 | 0.00 | 0.01 | -- |
| Pretax Income | (0.14) | (0.12) | (0.15) | (0.02) | 0.03 | (0.02) | (0.14) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.04 | -0.00 |
| Net Income | (0.13) | (0.02) | (0.02) | (0.14) | 0.13 | (0.15) | (0.02) |
| Basic EPS | (0.07) | (0.06) | (0.08) | (0.07) | 0.01 | (0.01) | (0.13) |
| Diluted EPS | (0.07) | (0.06) | (0.08) | (0.01) | 0.01 | (0.01) | (0.91) |
Cash Flow Statement
(in millions CNY)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Operating Cash Flow | (8.26) | (126.08) | (188.26) | (216.82) | (4.08) | (261.51) | (160.42) |
| Capital Expenditures | 68.80 | 15.89 | 1.75 | 13.38 | 86.98 | 12.94 | 28.18 |
| Free Cash Flow* | (77.06) | (141.97) | (190.01) | (230.20) | (91.06) | (274.45) | (188.60) |
| Investing Cash Flow | (88.23) | (22.79) | 41.41 | 13.42 | (513.79) | 84.44 | (16.59) |
| Financing Cash Flow | 5.53 | (13.32) | (25.33) | (94.55) | (0.46) | (2.13) | 89.55 |
* Derived from reported values
