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Scienjoy Holding Corp Financials

SJ
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Scienjoy Holding Corp (SJ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SJ FY2024

Scienjoy’s core mechanic is a low-capex model where gross-margin swings, not asset buildup, decide profit.

Even with a second straight revenue decline, net income turned from a loss to a profit because gross margin rebounded to 18.0% from 13.2%; with overhead broadly steady, the recovery looks more like better unit economics or mix than simple cost cutting. Operating cash flow stayed above earnings at $9.4M against $5.4M of net income. That gap was helped by working-capital release, as receivables fell to $31.0M instead of absorbing cash.

This is a business with minimal capital intensity: capital spending was only $135K in FY2024, so free cash flow of $9.3M remained close to operating cash flow. That means cash conversion depends much more on margins and collections than on funding new assets.

The recent balance sheet shift is quietly meaningful: total liabilities fell to $30.1M while the current ratio rose to 3.4x. For a company now earning only a thin profit margin, that stronger liquidity cushion makes the business less reliant on outside financing to bridge weaker periods.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 41 / 100
Financial Profile 41/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Scienjoy Holding Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
18

Scienjoy Holding Corp has an operating margin of -6.3%, meaning the company retains $-6 of operating profit per $100 of revenue. This below-average margin results in a low score of 18/100, suggesting thin profitability after operating expenses. This is down from 3.0% the prior year.

Growth
21

Scienjoy Holding Corp's revenue declined 4.9% year-over-year, from $186.8M to $177.5M. This contraction results in a growth score of 21/100.

Leverage
98

Scienjoy Holding Corp carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
70

With a current ratio of 3.60, Scienjoy Holding Corp holds $3.60 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 70/100.

Cash Flow
39

Scienjoy Holding Corp has a free cash flow margin of 5.6%, earning a moderate score of 39/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
0

Scienjoy Holding Corp generates a -95.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 3.3% the prior year.

Piotroski F-Score Neutral
5/9

Scienjoy Holding Corp passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed
-0.12x

For every $1 of reported earnings, Scienjoy Holding Corp generates $-0.12 in operating cash flow ($10.1M OCF vs -$84.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue
$177.5M
YoY-4.9%
5Y CAGR-1.1%

Scienjoy Holding Corp generated $177.5M in revenue in fiscal year 2025. This represents a decrease of 4.9% from the prior year.

EBITDA
-$10.2M
YoY-252.3%

Scienjoy Holding Corp's EBITDA was -$10.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 252.3% from the prior year.

Net Income
-$84.0M
YoY-1643.8%

Scienjoy Holding Corp reported -$84.0M in net income in fiscal year 2025. This represents a decrease of 1643.8% from the prior year.

EPS (Diluted)
$-2.01
YoY-1646.2%

Scienjoy Holding Corp earned $-2.01 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 1646.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$10.0M
YoY+7.4%
5Y CAGR-15.9%

Scienjoy Holding Corp generated $10.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 7.4% from the prior year.

Cash & Debt
$44.0M
YoY+27.2%
5Y CAGR+5.0%

Scienjoy Holding Corp held $44.0M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
40M

Scienjoy Holding Corp had 40M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin
18.3%
YoY+0.3pp
5Y CAGR-3.2pp

Scienjoy Holding Corp's gross margin was 18.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the prior year.

Operating Margin
-6.3%
YoY-9.3pp

Scienjoy Holding Corp's operating margin was -6.3% in fiscal year 2025, reflecting core business profitability. This is down 9.3 percentage points from the prior year.

Net Margin
-47.3%
YoY-50.2pp
5Y CAGR-61.7pp

Scienjoy Holding Corp's net profit margin was -47.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 50.2 percentage points from the prior year.

Return on Equity
-95.4%
YoY-98.7pp
5Y CAGR-133.7pp

Scienjoy Holding Corp's ROE was -95.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 98.7 percentage points from the prior year.

Capital Allocation

R&D Spending
$11.9M
YoY-3.7%
5Y CAGR+19.6%

Scienjoy Holding Corp invested $11.9M in research and development in fiscal year 2025. This represents a decrease of 3.7% from the prior year.

Share Buybacks
N/A
Capital Expenditures
$120K
YoY-11.1%
5Y CAGR-6.4%

Scienjoy Holding Corp invested $120K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 11.1% from the prior year.

SJ Income Statement

Metric Q4'25 Q2'25 Q4'24 Q2'24 Q4'23 Q2'23 Q1'23 Q4'22
Revenue N/A N/A N/A N/A N/A $50.1M+13.0% $44.3M N/A
Cost of Revenue N/A N/A N/A N/A N/A $43.1M+12.1% $38.5M N/A
Gross Profit N/A N/A N/A N/A N/A $7.0M+19.1% $5.8M N/A
R&D Expenses N/A N/A N/A N/A N/A $2.5M+2.2% $2.4M N/A
SG&A Expenses N/A N/A N/A N/A N/A $2.6M+4.8% $2.5M N/A
Operating Income N/A N/A N/A N/A N/A $1.6M+122.2% $715K N/A
Interest Expense N/A N/A N/A N/A N/A $7K+40.0% $5K N/A
Income Tax N/A N/A N/A N/A N/A -$900K-204.9% $858K N/A
Net Income N/A N/A N/A N/A N/A $11.7M+2651.7% -$458K N/A
EPS (Diluted) N/A N/A N/A N/A N/A $0.29+3000.0% $-0.01 N/A

SJ Balance Sheet

Metric Q4'25 Q2'25 Q4'24 Q2'24 Q4'23 Q2'23 Q1'23 Q4'22
Total Assets $101.6M-49.2% $199.9M+3.8% $192.5M-0.5% $193.4M-5.2% $204.0M-1.8% $207.7M-0.1% $207.9M-4.5% $217.8M
Current Assets $54.8M-29.5% $77.7M+4.2% $74.6M+2.2% $73.0M-10.1% $81.3M-10.6% $90.9M+8.7% $83.6M-11.2% $94.1M
Cash & Equivalents $44.0M+5.6% $41.7M+20.4% $34.6M+33.2% $26.0M-10.2% $28.9M+3.5% $28.0M+6.9% $26.2M+3.0% $25.4M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $6.2M-80.1% $31.1M+0.4% $31.0M-8.8% $34.0M-7.6% $36.8M+4.5% $35.2M+0.9% $34.9M-24.1% $45.9M
Goodwill N/A $25.6M+2.2% $25.0M-0.4% $25.1M-2.3% $25.7M+7.9% $23.8M-5.3% $25.2M+0.4% $25.1M
Total Liabilities $16.7M-47.9% $32.1M+6.5% $30.1M+1.9% $29.6M-29.7% $42.1M+19.0% $35.4M-9.7% $39.1M-20.5% $49.2M
Current Liabilities $15.2M-31.9% $22.4M+1.5% $22.0M+4.6% $21.0M-36.2% $33.0M+27.9% $25.8M-10.6% $28.8M-25.1% $38.5M
Long-Term Debt N/A N/A N/A $411K-82.0% $2.3M N/A N/A $2.2M
Total Equity $88.0M-48.3% $170.2M+3.6% $164.3M-0.3% $164.8M+1.7% $162.1M-6.0% $172.4M+2.1% $168.8M+0.3% $168.3M
Retained Earnings $13.2M-86.0% $94.3M+3.9% $90.8M-1.2% $91.8M+3.7% $88.6M-13.6% $102.5M+6.3% $96.4M0.0% $96.4M

SJ Cash Flow Statement

Metric Q4'25 Q2'25 Q4'24 Q2'24 Q4'23 Q2'23 Q1'23 Q4'22
Operating Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

SJ Financial Ratios

Metric Q4'25 Q2'25 Q4'24 Q2'24 Q4'23 Q2'23 Q1'23 Q4'22
Gross Margin N/A N/A N/A N/A N/A 13.9%+0.7pp 13.2% N/A
Operating Margin N/A N/A N/A N/A N/A 3.2%+1.6pp 1.6% N/A
Net Margin N/A N/A N/A N/A N/A 23.3%+24.4pp -1.0% N/A
Return on Equity N/A N/A N/A N/A N/A 6.8%+7.0pp -0.3% N/A
Return on Assets N/A N/A N/A N/A N/A 5.6%+5.9pp -0.2% N/A
Current Ratio 3.60+0.1 3.48+0.1 3.39-0.1 3.47+1.0 2.46-1.1 3.52+0.6 2.90+0.5 2.44
Debt-to-Equity 0.190.0 0.190.0 0.18+0.2 0.00-0.0 0.01-0.2 0.20-0.0 0.23+0.2 0.01
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Scienjoy Holding Corp (SJ) reported $177.5M in total revenue for fiscal year 2025. This represents a -4.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Scienjoy Holding Corp (SJ) revenue declined by 4.9% year-over-year, from $186.8M to $177.5M in fiscal year 2025.

No, Scienjoy Holding Corp (SJ) reported a net income of -$84.0M in fiscal year 2025, with a net profit margin of -47.3%.

Scienjoy Holding Corp (SJ) reported diluted earnings per share of $-2.01 for fiscal year 2025. This represents a -1646.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Scienjoy Holding Corp (SJ) had EBITDA of -$10.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Scienjoy Holding Corp (SJ) had a gross margin of 18.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Scienjoy Holding Corp (SJ) had an operating margin of -6.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Scienjoy Holding Corp (SJ) had a net profit margin of -47.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Scienjoy Holding Corp (SJ) has a return on equity of -95.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Scienjoy Holding Corp (SJ) generated $10.0M in free cash flow during fiscal year 2025. This represents a 7.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Scienjoy Holding Corp (SJ) generated $10.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Scienjoy Holding Corp (SJ) had $101.6M in total assets as of fiscal year 2025, including both current and long-term assets.

Scienjoy Holding Corp (SJ) invested $120K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Scienjoy Holding Corp (SJ) invested $11.9M in research and development during fiscal year 2025.

Scienjoy Holding Corp (SJ) had 40M shares outstanding as of fiscal year 2025.

Scienjoy Holding Corp (SJ) had a current ratio of 3.60 as of fiscal year 2025, which is generally considered healthy.

Scienjoy Holding Corp (SJ) had a debt-to-equity ratio of 0.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Scienjoy Holding Corp (SJ) had a return on assets of -82.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Scienjoy Holding Corp (SJ) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Scienjoy Holding Corp (SJ) has an earnings quality ratio of -0.12x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Scienjoy Holding Corp (SJ) scores 41 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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