Aurora Mobile Limited (JG) Cash Flow Statement

NASDAQ: JGOperating cash, capex, free cash flow and buybacks.

Where JG’s cash came from and went, 2025

December 31, 2025 · Chinese yuan
Cash from operations
CN¥63.1M
+639.0% vs 2024
Capital expenditures
CN¥245,139
0.1% of revenue
Free cash flow
CN¥62.9M
17.2% margin
Returned to shareholders
CN¥7.4M
12% of free cash flow
Change in cash
CN¥53.9M
cash at year-end CN¥168.4M
Cash from operations: CN¥63.1MCash from operationsCN¥63.1MCurrency & other: CN¥5.9MCurrency & otherCN¥5.9MShares issued, Other financing: CN¥2.6MOther sourcesCN¥2.6MShare buybacks: CN¥7.4MShare buybacksCN¥7.4M · 10%Investments (net): CN¥5.0MInvestments (net)CN¥5.0M · 7%Debt repayment: CN¥3.0MDebt repaymentCN¥3.0M · 4%Added to cash: CN¥53.9MAdded to cashCN¥53.9M · 75%Acquisitions & other, Capital expenditures: CN¥2.3MOther usesCN¥2.3M · 3%CN¥71.6M
Cash from operations
CN¥63.1M
Investments (net)
−CN¥5.0M
Acquisitions & other
−CN¥2.0M
Share buybacks (net)
−CN¥7.4M
Net borrowing (repayment)
−CN¥3.0M
Shares issued
+CN¥1.5M
Other financing
+CN¥1.1M
Currency & other
+CN¥5.6M
Change in cash
CN¥53.9M

Drawn to scale: where the cash came from and how it was used. Hover for values.

JG operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

JG cash flow trends, 2016–2025

MetricTrendThenLatestChange
Operating cash flow−CN¥42.2M2016CN¥63.1M2025—
Capital expendituresCN¥18.9M2016CN¥245,1392025−38.3%/yr
Free cash flow−CN¥61.0M2016CN¥62.9M2025—
Free cash flow margin−86.8%201617.2%2025+104.0 pts
Stock-based compensationCN¥2.7M2016CN¥3.7M2025+3.5%/yr
Dividends paidCN¥02016CN¥02019—
Share buybacks (net)CN¥02016CN¥7.4M2025—
Capex / revenue26.9%20160.1%2025−26.8 pts

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

JG cash flow by activity

OperatingInvestingFinancingChange in cash

JG net income vs operating cash flow

Net incomeOperating cash flow

Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).

JG cash flow statement in Chinese yuan

2025202420232022202120202019201820172016
Operating activities
Net incomeCN¥411,472−CN¥6.8M−CN¥62.7M−CN¥108.5M−CN¥140.6M−CN¥225.1M−CN¥109.8M−CN¥66.2M−CN¥90.3M−CN¥61.4M
Depreciation & amortizationCN¥5.2MCN¥6.0MCN¥11.5MCN¥30.4MCN¥31.8MCN¥42.1MCN¥32.4MCN¥18.4MCN¥8.8MCN¥3.4M
Stock-based compensationCN¥3.7MCN¥4.2MCN¥11.6MCN¥15.5MCN¥30.2MCN¥28.9MCN¥47.3MCN¥24.6MCN¥8.3MCN¥2.7M
Change in working capitalCN¥44.2M−CN¥2.2M−CN¥3.4MCN¥3.9M−CN¥19.7MCN¥149.9MCN¥5.2M−CN¥92.2M−CN¥1.1MCN¥8.5M
Other non-cash itemsCN¥9.7MCN¥7.3MCN¥25.0MCN¥41.2MCN¥21.6MCN¥80.0M−CN¥761,000CN¥17.5M−CN¥1.2MCN¥4.6M
Cash from operating activitiesCN¥63.1MCN¥8.5M−CN¥17.9M−CN¥17.5M−CN¥76.7MCN¥75.8M−CN¥25.8M−CN¥97.9M−CN¥75.5M−CN¥42.2M
Investing activities
Capital expenditures−CN¥245,139−CN¥5.0M−CN¥524,000−CN¥1.1M−CN¥18.9M−CN¥22.3M−CN¥49.1M−CN¥59.5M−CN¥28.7M−CN¥18.9M
Investments (net)−CN¥5.0M−CN¥5.4MCN¥25.1MCN¥26.9MCN¥26.4M−CN¥114.2M−CN¥89.0M−CN¥139.2M−CN¥28.6M−CN¥29.9M
Acquisitions & other investing−CN¥2.0MCN¥5.0MCN¥524,000CN¥1.1MCN¥18.9M−CN¥7.9MCN¥49.1MCN¥59.5MCN¥28.7MCN¥18.9M
Cash from investing activities−CN¥7.3M−CN¥5.4MCN¥25.1MCN¥26.9MCN¥26.4M−CN¥144.4M−CN¥89.0M−CN¥139.2M−CN¥28.6M−CN¥29.9M
Financing activities
Dividends paid——————CN¥0CN¥0CN¥0CN¥0
Share repurchases & issuance (net)−CN¥7.4M−CN¥2.6M−CN¥3.7M−CN¥1.7MCN¥0CN¥0−CN¥37.6M−CN¥65.7MCN¥217.4MCN¥0
Net borrowing (repayment)−CN¥3.0MCN¥3.0M−CN¥5.0M−CN¥145.0M−CN¥57.5M−CN¥57.5M−CN¥57.5MCN¥216.2MCN¥216.2MCN¥216.2M
Shares issuedCN¥1.5MCN¥0CN¥0CN¥1,000CN¥1,000CN¥1,000CN¥0CN¥680.6MCN¥0CN¥0
Other financingCN¥1.1MCN¥813,000CN¥58,000−CN¥1.4MCN¥2.9MCN¥57.8MCN¥61.1M−CN¥216.2M−CN¥216.2M−CN¥80.8M
Cash from financing activities−CN¥7.8MCN¥1.2M−CN¥8.7M−CN¥148.0M−CN¥54.5MCN¥315,000−CN¥33.9MCN¥614.9MCN¥217.4MCN¥135.3M
Summary
Net change in cashCN¥53.9MCN¥4.5M−CN¥1.3M−CN¥138.3M−CN¥101.6M−CN¥75.3M−CN¥145.1MCN¥368.4MCN¥105.0MCN¥65.7M
Cash at end of periodCN¥168.4MCN¥119.5MCN¥115.0MCN¥116.3MCN¥254.6MCN¥356.2MCN¥431.6MCN¥576.7MCN¥208.3MCN¥103.3M
Free cash flowCN¥62.9MCN¥3.6M−CN¥18.4M−CN¥18.6M−CN¥95.6MCN¥53.5M−CN¥74.8M−CN¥157.4M−CN¥104.2M−CN¥61.0M
Free cash flow margin17.2%1.1%−6.4%−5.7%−26.8%11.3%−8.3%−22.0%−36.6%−86.8%
Capex / revenue0.1%1.6%0.2%0.3%5.3%4.7%5.4%8.3%10.1%26.9%
Operating cash flow / net income153.39—————————

Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported; data from EODHD.

JG cash generation

In fiscal 2025 (ended December 31, 2025), Aurora Mobile generated CN¥63.1 million of cash from operations (up 639.0%) and spent CN¥0.2 million on capital expenditures, leaving free cash flow of CN¥62.9 million, 17.2% of revenue. It returned CN¥7.4 million to shareholders through dividends (CN¥0) and net share buybacks (CN¥7.4 million). Cash and equivalents rose by CN¥53.9 million over the year.

Related: JG income statement, JG balance sheet. See the JG stock overview for the latest quote and news.

JG cash flow FAQ

What is Aurora Mobile's free cash flow?

Aurora Mobile's free cash flow was CN¥62.9 million in fiscal 2025: CN¥63.1 million of operating cash flow minus CN¥0.2 million of capital expenditures It was CN¥3.6 million a year earlier..

How much cash does Aurora Mobile generate from operations?

Aurora Mobile generated CN¥63.1 million of cash from operating activities in fiscal 2025, 153.39 times its net income of CN¥0.4 million.

How much does Aurora Mobile spend on capital expenditures?

Aurora Mobile spent CN¥0.2 million on capital expenditures in fiscal 2025, 0.1% of revenue, compared with CN¥5.0 million the year before.

How much stock does Aurora Mobile buy back?

Aurora Mobile spent CN¥7.4 million on net share repurchases in fiscal 2025.

Software - Application: cash flow