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Yunji Financials

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

This page shows Yunji (YJ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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 YJ FY2024

Yunji’s shrinking sales base is overwhelming better gross margins, turning a lighter balance sheet into deeper operating losses.

Margin expansion at the gross level is not translating into a healthier business because revenue fell to $57.2M in the latest year while SG&A stayed near $17.9M. That left operating margin at -32.6% even as gross margin reached 49.4%, which points to lost scale rather than improving economics.

Cash burn and accounting loss are now closely aligned: operating cash flow was -$17.3M versus net income of -$16.9M, so the reported loss is showing up in cash rather than being softened by working-capital timing. Liquidity remains positive, but free cash burn of -$19.5M consumed about 64.7% of year-end cash. That makes the cash statement a better guide than EPS for judging how much room the company has at its current scale.

The balance sheet has been de-risked as total liabilities dropped from $77.8M to $37.6M. But that cleaner posture came from contraction, not expansion: inventory and receivables kept shrinking alongside the business, which suggests the company is carrying less merchandise and extending less credit rather than funding growth.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 20 / 100
Financial Profile 20/100

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 Yunji'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
0

Yunji has an operating margin of -45.2%, meaning the company retains $-45 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -32.6% the prior year.

Growth
0

Yunji's revenue declined 20.8% year-over-year, from $57.2M to $45.3M. This contraction results in a growth score of 0/100.

Leverage
96

Yunji carries a low D/E ratio of 0.29, meaning only $0.29 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
24

Yunji's current ratio of 1.41 is below the typical benchmark, resulting in a score of 24/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow
0

While Yunji generated -$8.3M in operating cash flow, capex of $9.8M consumed most of it, leaving -$18.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns
0

Yunji generates a -14.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -11.4% the prior year.

Piotroski F-Score Weak
1/9

Yunji passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Low Quality
0.43x

For every $1 of reported earnings, Yunji generates $0.43 in operating cash flow (-$8.3M OCF vs -$19.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
$45.3M
YoY-20.8%
5Y CAGR-44.3%

Yunji generated $45.3M in revenue in fiscal year 2025. This represents a decrease of 20.8% from the prior year.

EBITDA
-$18.9M
YoY-8.3%

Yunji's EBITDA was -$18.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.3% from the prior year.

Net Income
-$19.1M
YoY-13.0%

Yunji reported -$19.1M in net income in fiscal year 2025. This represents a decrease of 13.0% from the prior year.

EPS (Diluted)
$-0.01
YoY+0.0%

Yunji earned $-0.01 per diluted share (EPS) in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$18.1M
YoY+6.9%

Yunji generated -$18.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 6.9% from the prior year.

Cash & Debt
$15.7M
YoY-47.9%
5Y CAGR-37.4%

Yunji held $15.7M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
1.97B

Yunji had 1.97B shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin
44.4%
YoY-5.0pp
5Y CAGR+15.6pp

Yunji's gross margin was 44.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 5.0 percentage points from the prior year.

Operating Margin
-45.2%
YoY-12.6pp
5Y CAGR-43.5pp

Yunji's operating margin was -45.2% in fiscal year 2025, reflecting core business profitability. This is down 12.6 percentage points from the prior year.

Net Margin
-42.0%
YoY-12.6pp
5Y CAGR-39.4pp

Yunji's net profit margin was -42.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 12.6 percentage points from the prior year.

Return on Equity
-14.2%
YoY-2.8pp
5Y CAGR-3.1pp

Yunji's ROE was -14.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.8 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$9.8M
YoY+351.9%
5Y CAGR-5.3%

Yunji invested $9.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 351.9% from the prior year.

YJ Income Statement

Metric Q4'25 Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19
Revenue N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A
Net Income N/A N/A N/A N/A N/A N/A N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A

YJ Balance Sheet

Metric Q4'25 Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19
Total Assets $173.0M-6.6% $185.3M-15.3% $218.8M-20.2% $274.4M-25.6% $368.8M-5.7% $390.9M-17.6% $474.3M
Current Assets $51.1M-27.7% $70.7M-37.9% $113.9M-35.2% $175.8M-34.3% $267.6M-18.6% $328.9M-20.0% $410.9M
Cash & Equivalents $15.7M-47.9% $30.1M-58.8% $72.9M+21.3% $60.1M-32.5% $89.0M-45.4% $163.1M+28.5% $126.9M
Inventory $5.9M+45.3% $4.0M-32.9% $6.0M-24.1% $7.9M-40.2% $13.3M-36.0% $20.7M-66.3% $61.5M
Accounts Receivable $551K-92.8% $7.7M-14.9% $9.1M-33.6% $13.6M-26.4% $18.5M-26.6% $25.2M+516.1% $4.1M
Goodwill N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $39.1M+4.1% $37.6M-26.4% $51.1M-34.3% $77.8M-43.1% $136.8M-27.8% $189.4M-28.3% $263.9M
Current Liabilities $36.1M+0.6% $35.9M-27.4% $49.5M-36.3% $77.8M-42.8% $135.9M-27.7% $187.8M-27.3% $258.3M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A
Total Equity $133.7M-9.4% $147.6M-12.0% $167.6M-14.7% $196.5M-15.3% $231.9M+15.3% $201.1M-3.7% $208.8M
Retained Earnings -$912.4M-6.6% -$855.9M+0.8% -$862.5M+0.2% -$863.9M+5.4% -$913.1M-0.1% -$912.2M-9.4% -$833.9M

YJ Cash Flow Statement

Metric Q4'25 Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19
Operating Cash Flow 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
Free Cash Flow 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
Financing Cash Flow 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
Share Buybacks N/A N/A N/A N/A N/A N/A N/A

YJ Financial Ratios

Metric Q4'25 Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19
Gross Margin N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A
Return on Assets N/A N/A N/A N/A N/A N/A N/A
Current Ratio 1.41-0.6 1.97-0.3 2.30+0.0 2.26+0.3 1.97+0.2 1.75+0.2 1.59
Debt-to-Equity 0.29+0.0 0.25-0.1 0.30-0.1 0.40-0.2 0.59-0.4 0.94-0.3 1.26
FCF Margin N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Yunji (YJ) reported $45.3M in total revenue for fiscal year 2025. This represents a -20.8% 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.

Yunji (YJ) revenue declined by 20.8% year-over-year, from $57.2M to $45.3M in fiscal year 2025.

No, Yunji (YJ) reported a net income of -$19.1M in fiscal year 2025, with a net profit margin of -42.0%.

Yunji (YJ) reported diluted earnings per share of $-0.01 for fiscal year 2025. This represents a 0.0% 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.

Yunji (YJ) had EBITDA of -$18.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Yunji (YJ) had a gross margin of 44.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Yunji (YJ) had an operating margin of -45.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Yunji (YJ) had a net profit margin of -42.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yunji (YJ) has a return on equity of -14.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Yunji (YJ) generated -$18.1M in free cash flow during fiscal year 2025. This represents a 6.9% 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.

Yunji (YJ) generated -$8.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Yunji (YJ) had $173.0M in total assets as of fiscal year 2025, including both current and long-term assets.

Yunji (YJ) invested $9.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yunji (YJ) had 1.97B shares outstanding as of fiscal year 2025.

Yunji (YJ) had a current ratio of 1.41 as of fiscal year 2025, which is considered adequate.

Yunji (YJ) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Yunji (YJ) had a return on assets of -11.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Yunji (YJ) had $15.7M in cash against an annual operating cash burn of $8.3M. This gives an estimated cash runway of approximately 23 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Yunji (YJ) has a Piotroski F-Score of 1 out of 9, indicating weak 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.

Yunji (YJ) has an earnings quality ratio of 0.43x, considered low quality (accrual-driven). 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.

Yunji (YJ) scores 20 out of 100 on our Financial Profile, indicating weak 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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