Yimutian Inc. (YMT) Balance Sheet

NASDAQ: YMTAssets, liabilities, debt and equity over 5 years.

YMT balance sheet, 2025

December 31, 2025 · Chinese yuan

CN¥161.1M assets = CN¥323.3M liabilities + −CN¥162.2M equity

What it ownsCN¥161.1MCash & ST investments: CN¥109.5M (68.0%)Cash & ST investmentsCN¥109.5M · 68%Receivables: CN¥19.2M (11.9%)Receivables CN¥19.2MInventory: CN¥2.3M (1.4%)Other current: CN¥23.1M (14.3%)Other current CN¥23.1MPP&E: CN¥4.4M (2.7%)Other non-current: CN¥2.6M (1.6%)=How it is financedCN¥323.3MCurrent liabilities: CN¥309.9M (95.8%)Current liabilitiesCN¥309.9M · 96%Other LT liabilities: CN¥13.5M (4.2%)

Liabilities exceed assets: shareholders’ equity is negative (−CN¥162.2M).

Both columns are drawn to the same scale: what YMT owns equals what it owes plus shareholders’ equity. Hover a block for its value.

YMT financial health

Current ratio0.50
Tight · current assets cover current liabilities 0.50×
Equity / assets−118.8%
Thin equity · of assets funded by shareholders
Cash / debt84.3%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

YMT balance sheet trends, 2021–2025

MetricTrendThenLatestChange
Total assetsCN¥115.9M2021CN¥161.1M2025+8.6%/yr
Total liabilitiesCN¥1.18B2021CN¥323.3M2025−27.6%/yr
Shareholders’ equity−CN¥1.06B2021−CN¥191.4M2025—
Cash & short-term investmentsCN¥17.3M2021CN¥109.5M2025+58.6%/yr
Total debtCN¥404.9M2021CN¥129.9M2025−24.7%/yr
Net cash (debt)−CN¥387.6M2021−CN¥20.4M2025+CN¥367.3M
Working capital−CN¥476.1M2021−CN¥155.7M2025+CN¥320.3M
Current ratio0.1720210.502025+0.33
Shares outstanding7.6M20217.6M20250.0%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

YMT assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

YMT liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

YMT debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

YMT balance sheet in Chinese yuan

20252024202320222021
Assets
Cash & short-term investmentsCN¥109.5MCN¥2.8MCN¥3.8MCN¥6.6MCN¥17.3M
Cash & equivalentsCN¥109.5MCN¥2.8MCN¥3.8MCN¥6.6MCN¥17.3M
ReceivablesCN¥19.2MCN¥15.7MCN¥25.4MCN¥42.2MCN¥71.1M
InventoryCN¥2.3MCN¥237,000CN¥0CN¥0CN¥0
Other current assetsCN¥23.1MCN¥28.5MCN¥24.5MCN¥9.1MCN¥9.3M
Total current assetsCN¥154.1MCN¥47.2MCN¥53.7MCN¥58.0MCN¥97.7M
Property, plant & equipment (net)CN¥4.4MCN¥10.6MCN¥17.5MCN¥10.9MCN¥14.4M
Goodwill & intangible assetsCN¥0CN¥0CN¥0CN¥0CN¥0
Long-term investmentsCN¥0CN¥0CN¥1.1MCN¥0CN¥1.1M
Other non-current assetsCN¥2.6MCN¥3.2MCN¥3.2MCN¥1.5MCN¥2.7M
Total assetsCN¥161.1MCN¥61.0MCN¥75.6MCN¥70.4MCN¥115.9M
Liabilities
Accounts payableCN¥5.2MCN¥4.4MCN¥3.3MCN¥2.8MCN¥1.3M
Short-term debtCN¥129.5MCN¥297.7MCN¥283.2MCN¥425.8MCN¥402.5M
Deferred revenueCN¥75.7MCN¥88.1MCN¥98.3MCN¥97.2MCN¥82.3M
Total current liabilitiesCN¥309.9MCN¥479.4MCN¥484.9MCN¥606.8MCN¥573.8M
Long-term debtCN¥0CN¥0CN¥0CN¥0CN¥0
Lease obligationsCN¥2.7MCN¥9.0MCN¥14.8MCN¥8.7MCN¥11.4M
Other long-term liabilitiesCN¥13.5MCN¥1.03BCN¥967.1MCN¥716.8MCN¥606.2M
Total liabilitiesCN¥323.3MCN¥1.51BCN¥1.45BCN¥1.32BCN¥1.18B
Shareholders' equity
Common stock & paid-in capitalCN¥201,000CN¥31,000CN¥31,000CN¥27,000CN¥27,000
Retained earnings (deficit)−CN¥1.76B−CN¥1.72B−CN¥1.59B−CN¥1.41B−CN¥1.23B
Accumulated other comprehensive income−CN¥97.9M−CN¥99.4M−CN¥99.0M−CN¥77.4MCN¥9.4M
Minority interestCN¥29.2MCN¥30.2MCN¥254,000CN¥265,000—
Total shareholders' equity−CN¥191.4M−CN¥1.48B−CN¥1.38B−CN¥1.25B−CN¥1.06B
Key figures
Total debtCN¥129.9MCN¥301.7MCN¥290.0MCN¥429.0MCN¥404.9M
Net cash (debt)−CN¥20.4M−CN¥298.9M−CN¥286.2M−CN¥422.4M−CN¥387.6M
Working capital−CN¥155.7M−CN¥432.2M−CN¥431.2M−CN¥548.7M−CN¥476.1M
Tangible book value−CN¥191.4M−CN¥1.48B−CN¥1.38B−CN¥1.25B−CN¥1.06B
Shares outstanding7.6M7.6M7.6M7.6M7.6M
Current ratio0.500.100.110.100.17
Quick ratio0.420.040.060.080.15
Equity / assets−118.8%−2,423.4%−1,822.0%−1,780.0%−918.2%

Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported (latest annual report filed December 31, 2025); data from EODHD.

YMT financial position

At the end of fiscal 2025 (December 31, 2025), Yimutian Inc. had total assets of CN¥161.1 million (up 164.0% from a year earlier), total liabilities of CN¥323.3 million and shareholders' equity of -CN¥191.4 million. It held CN¥109.5 million in cash and short-term investments against CN¥129.9 million of debt, net debt of CN¥20.4 million. Its current ratio was 0.50.

Related: YMT income statement, YMT cash flow statement, YMT key metrics. See the YMT stock overview for the latest quote and news.

YMT balance sheet FAQ

What are Yimutian Inc.'s total assets?

Yimutian Inc. reported total assets of CN¥161.1 million at the end of fiscal 2025 (December 31, 2025), compared with CN¥61.0 million a year earlier.

How much debt does Yimutian Inc. have?

Yimutian Inc. had CN¥129.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.

How much cash does Yimutian Inc. have?

Yimutian Inc. held CN¥109.5 million in cash and short-term investments at the end of fiscal 2025; with CN¥129.9 million of debt that is net debt of CN¥20.4 million.

What is Yimutian Inc.'s book value?

Yimutian Inc.'s shareholders' equity (book value) was -CN¥191.4 million at the end of fiscal 2025.

What is Yimutian Inc.'s current ratio?

Yimutian Inc. had current assets of CN¥154.1 million and current liabilities of CN¥309.9 million, a current ratio of 0.50 (current liabilities exceed current assets).

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