Youlife Group Inc. (YOUL) Cash Flow Statement

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

Where YOUL’s cash came from and went, 2025

December 31, 2025 · Chinese yuan
Cash from operations
CN¥12.0M
+91.5% vs 2024
Capital expenditures
CN¥27,000
0.0% of revenue
Free cash flow
CN¥12.0M
0.6% margin
Returned to shareholders
—
Change in cash
CN¥17.7M
cash at year-end CN¥144.2M
Cash from operations: CN¥12.0MCash from operationsCN¥12.0MBorrowing: CN¥78.7MBorrowingCN¥78.7MShares issued: CN¥192.3MShares issuedCN¥192.3MCurrency & other: CN¥51,000Currency & otherCN¥51,000Other financing: CN¥172.1MOther financingCN¥172.1M · 61%Investments (net): CN¥93.2MInvestments (net)CN¥93.2M · 33%Added to cash: CN¥17.7MAdded to cashCN¥17.7M · 6%Capital expenditures: CN¥27,000Capital expendituresCN¥27,000 · 0%CN¥283.0M
Cash from operations
CN¥12.0M
Investments (net)
−CN¥93.2M
Net borrowing (repayment)
+CN¥78.7M
Shares issued
+CN¥192.3M
Other financing
−CN¥172.1M
Change in cash
CN¥17.7M

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

YOUL operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

YOUL cash flow trends, 2022–2025

MetricTrendThenLatestChange
Operating cash flow−CN¥17.3M2022CN¥12.0M2025—
Capital expendituresCN¥14.4M2022CN¥27,0002025−87.7%/yr
Free cash flow−CN¥31.7M2022CN¥12.0M2025—
Free cash flow margin−4.4%20220.6%2025+5.0 pts
Operating cash flow / net income0.1520230.282025+0.14
Stock-based compensationCN¥20.8M2022CN¥02024−100.0%
Capex / revenue2.0%20220.0%2025−2.0 pts

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

YOUL cash flow by activity

OperatingInvestingFinancingChange in cash

YOUL 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).

YOUL cash flow statement in Chinese yuan

2025202420232022
Operating activities
Net incomeCN¥42.7M−CN¥52.4MCN¥79.3M−CN¥91.1M
Depreciation & amortizationCN¥26.4MCN¥26.7MCN¥26.9MCN¥18.5M
Stock-based compensation—CN¥0CN¥0CN¥20.8M
Change in working capital−CN¥1,000−CN¥57.3M−CN¥14.3M−CN¥23.7M
Other non-cash items−CN¥57.1MCN¥89.3M−CN¥80.3MCN¥58.2M
Cash from operating activitiesCN¥12.0MCN¥6.3MCN¥11.5M−CN¥17.3M
Investing activities
Capital expenditures−CN¥27,000−CN¥1.2M−CN¥103.3M−CN¥14.4M
Investments (net)−CN¥93.2M−CN¥10.9M−CN¥22.6M−CN¥51.7M
Acquisitions & other investingCN¥0CN¥1.2MCN¥103.3MCN¥14.4M
Cash from investing activities−CN¥93.2M−CN¥10.9M−CN¥22.6M−CN¥51.7M
Financing activities
Net borrowing (repayment)CN¥78.7MCN¥19.6MCN¥26.3M−CN¥32.0M
Shares issuedCN¥192.3MCN¥0CN¥0CN¥14.5M
Other financing−CN¥172.1M−CN¥73.9M−CN¥258.1MCN¥35.1M
Cash from financing activitiesCN¥98.9M−CN¥54.3M−CN¥231.8MCN¥17.6M
Summary
Net change in cashCN¥17.7M−CN¥58.9M−CN¥240.0M−CN¥47.3M
Cash at end of periodCN¥144.2MCN¥126.5MCN¥188.9MCN¥429.0M
Free cash flowCN¥12.0MCN¥5.0M−CN¥91.8M−CN¥31.7M
Free cash flow margin0.6%0.3%−6.7%−4.4%
Capex / revenue0.0%0.1%7.6%2.0%
Operating cash flow / net income0.28—0.15—

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.

YOUL cash generation

In fiscal 2025 (ended December 31, 2025), Youlife Group Inc. generated CN¥12.0 million of cash from operations (up 91.5%) and spent CN¥0.0 million on capital expenditures, leaving free cash flow of CN¥12.0 million, 0.6% of revenue. Cash and equivalents rose by CN¥17.7 million over the year.

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

YOUL cash flow FAQ

What is Youlife Group Inc.'s free cash flow?

Youlife Group Inc.'s free cash flow was CN¥12.0 million in fiscal 2025: CN¥12.0 million of operating cash flow minus CN¥0.0 million of capital expenditures It was CN¥5.0 million a year earlier..

How much cash does Youlife Group Inc. generate from operations?

Youlife Group Inc. generated CN¥12.0 million of cash from operating activities in fiscal 2025, 0.28 times its net income of CN¥42.7 million.

How much does Youlife Group Inc. spend on capital expenditures?

Youlife Group Inc. spent CN¥0.0 million on capital expenditures in fiscal 2025, 0.0% of revenue, compared with CN¥1.2 million the year before.

Education & Training Services: cash flow