Yunji Inc. (YJ) Income Statement
YJ 2025 at a glance
Fiscal year ended December 31, 2025 · Chinese yuanYJ revenue and net income
Where YJ's revenue goes
2025Each bar shows an amount and its share of revenue. YJ kept −42.0% of revenue as net income.
YJ profit margins
YJ growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −24.1% | −35.0% | −43.5% | — |
| Gross profit | −31.8% | −34.6% | −38.4% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
YJ income statement in Chinese yuan
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥317.0M | CN¥417.7M | CN¥640.2M | CN¥1.15B | CN¥2.16B | CN¥5.53B | CN¥11.67B | CN¥13.02B | CN¥6.44B | CN¥1.28B |
| Cost of revenue | CN¥176.2M | CN¥211.3M | CN¥332.8M | CN¥651.6M | CN¥1.34B | CN¥3.94B | CN¥9.25B | CN¥10.71B | CN¥5.17B | CN¥978.7M |
| Gross profit | CN¥140.8M | CN¥206.3M | CN¥307.4M | CN¥502.5M | CN¥812.0M | CN¥1.59B | CN¥2.42B | CN¥2.31B | CN¥1.27B | CN¥305.8M |
| Research & development | CN¥3.9M | — | — | CN¥81.4M | CN¥124.9M | CN¥202.8M | CN¥315.2M | CN¥143.6M | CN¥58.2M | CN¥18.2M |
| Sales, general & admin | CN¥229.6M | CN¥227.4M | CN¥242.0M | CN¥387.9M | CN¥553.0M | CN¥914.8M | CN¥1.56B | CN¥1.45B | CN¥677.7M | CN¥214.8M |
| Total operating expenses | CN¥284.2M | CN¥342.6M | CN¥388.1M | CN¥581.1M | CN¥794.6M | CN¥1.69B | CN¥2.72B | CN¥2.40B | CN¥1.38B | CN¥352.8M |
| Operating income | −CN¥143.4M | −CN¥136.3M | −CN¥80.6M | −CN¥78.6M | −CN¥1.2M | −CN¥97.5M | −CN¥298.4M | −CN¥99.4M | −CN¥114.2M | −CN¥47.1M |
| Interest income | CN¥2.5M | CN¥3.9M | CN¥13.4M | CN¥1.6M | CN¥80.1M | CN¥46.7M | CN¥52.9M | CN¥46.9M | CN¥11.8M | CN¥727,000 |
| Interest expense | CN¥529,000 | CN¥5.1M | CN¥111,785 | CN¥12.4M | CN¥730,305 | CN¥1.0M | CN¥64,256 | CN¥851,000 | CN¥238,000 | CN¥98,000 |
| Income before taxes | −CN¥132.8M | −CN¥121.1M | −CN¥157.3M | −CN¥106.5M | CN¥209.0M | −CN¥108.6M | −CN¥137.3M | −CN¥47.0M | −CN¥109.1M | −CN¥45.2M |
| Income taxes | CN¥462,000 | CN¥2.0M | CN¥7.9M | CN¥24.8M | CN¥60.5M | CN¥39.3M | −CN¥16.7M | CN¥12.3M | −CN¥3.3M | −CN¥20.6M |
| Net income | −CN¥133.3M | −CN¥123.1M | −CN¥165.1M | −CN¥131.3M | CN¥132.0M | −CN¥147.9M | −CN¥120.6M | −CN¥59.7M | −CN¥105.7M | −CN¥24.7M |
| EBITDA | −CN¥122.5M | −CN¥103.5M | −CN¥141.1M | −CN¥93.6M | CN¥18.7M | −CN¥65.4M | −CN¥286.0M | −CN¥83.0M | −CN¥109.5M | −CN¥44.3M |
| Gross margin | 44.4% | 49.4% | 48.0% | 43.5% | 37.7% | 28.8% | 20.8% | 17.7% | 19.7% | 23.8% |
| Operating margin | −45.2% | −32.6% | −12.6% | −6.8% | −0.1% | −1.8% | −2.6% | −0.8% | −1.8% | −3.7% |
| Net margin | −42.0% | −29.5% | −25.8% | −11.4% | 6.1% | −2.7% | −1.0% | −0.5% | −1.6% | −1.9% |
| Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥97.1M | CN¥97.1M | CN¥86.7M | CN¥106.0M | CN¥127.9M | CN¥149.1M | CN¥145.2M | CN¥167.1M | CN¥178.7M | CN¥288.7M | CN¥238.9M | CN¥284.0M |
| Cost of revenue | CN¥50.2M | CN¥50.2M | CN¥39.8M | CN¥56.6M | CN¥64.7M | CN¥79.6M | CN¥78.9M | CN¥80.8M | CN¥93.5M | CN¥170.6M | CN¥120.9M | CN¥168.8M |
| Gross profit | CN¥46.9M | CN¥46.9M | CN¥46.9M | CN¥49.4M | CN¥63.1M | CN¥69.5M | CN¥66.3M | CN¥86.3M | CN¥85.3M | CN¥118.1M | CN¥118.0M | CN¥115.2M |
| Research & development | — | — | — | — | — | — | — | CN¥14.3M | CN¥13.4M | — | CN¥16.6M | CN¥23.6M |
| Sales, general & admin | CN¥101.3M | CN¥101.3M | CN¥45.1M | CN¥40.4M | CN¥40.6M | CN¥73.0M | CN¥57.7M | CN¥77.4M | CN¥55.6M | CN¥152.7M | CN¥91.5M | CN¥98.4M |
| Total operating expenses | CN¥124.5M | CN¥174.8M | CN¥73.2M | CN¥72.5M | CN¥72.4M | CN¥188.7M | CN¥96.6M | CN¥98.1M | CN¥84.3M | CN¥151.3M | CN¥135.9M | CN¥145.2M |
| Operating income | −CN¥77.7M | −CN¥77.7M | −CN¥26.2M | −CN¥23.1M | −CN¥9.3M | −CN¥39.5M | −CN¥30.3M | −CN¥11.8M | CN¥964,000 | −CN¥33.1M | −CN¥17.9M | −CN¥30.0M |
| Interest expense | CN¥11.0M | — | CN¥5.7M | — | — | — | CN¥1.9M | CN¥12.7M | CN¥3.2M | CN¥8.4M | CN¥302,000 | CN¥12.3M |
| Income before taxes | −CN¥84.7M | −CN¥82.7M | −CN¥29.7M | −CN¥10.9M | CN¥4.2M | −CN¥62.2M | −CN¥33.7M | −CN¥37.8M | −CN¥18.4M | −CN¥21.5M | −CN¥28.9M | −CN¥25.1M |
| Income taxes | CN¥368,000 | — | CN¥348,000 | CN¥962,000 | CN¥331,000 | — | CN¥1.1M | CN¥2.3M | CN¥3.1M | CN¥11.3M | CN¥9.0M | −CN¥919,000 |
| Net income | −CN¥85.1M | −CN¥85.1M | −CN¥30.0M | −CN¥11.9M | CN¥3.9M | −CN¥65.9M | −CN¥34.8M | −CN¥41.5M | −CN¥21.5M | −CN¥32.8M | −CN¥37.9M | −CN¥24.2M |
| EBITDA | −CN¥57.4M | −CN¥57.4M | −CN¥26.2M | −CN¥25.7M | −CN¥9.3M | — | −CN¥30.2M | −CN¥9.9M | CN¥2.9M | −CN¥36.5M | −CN¥13.9M | −CN¥26.0M |
| Gross margin | 48.3% | 48.3% | 54.1% | 46.6% | 49.4% | 46.6% | 45.7% | 51.6% | 47.7% | 40.9% | 49.4% | 40.6% |
| Operating margin | −80.0% | −80.0% | −30.3% | −21.8% | −7.3% | −26.5% | −20.9% | −7.1% | 0.5% | −11.5% | −7.5% | −10.6% |
| Net margin | −87.6% | −87.6% | −34.6% | −11.2% | 3.0% | −44.2% | −24.0% | −24.9% | −12.0% | −11.4% | −15.9% | −8.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported in YJ's financial statements (latest annual report filed April 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
YJ financial results
In fiscal year 2025 (ended December 31, 2025), Yunji reported revenue of CN¥317.0 million, down 24.1% from the year before. It had a net loss of CN¥133.3 million, a net profit margin of −42.0%. Over five years revenue grew at an average rate of −43.5% a year. Figures are in Chinese yuan, the currency of its financial statements.
See the YJ stock overview for the latest quote and news, or the YJ chart for price history and technical indicators.
YJ income statement FAQ
What is Yunji's annual revenue?
Yunji reported total revenue of CN¥317.0 million for fiscal year 2025, which ended on December 31, 2025. That was down 24.1% from CN¥417.7 million the previous year.
Is Yunji profitable?
No. Yunji reported a net loss of CN¥133.3 million in fiscal 2025, a net profit margin of −42.0%; its operating margin was −45.2%.
What is Yunji's gross margin?
Yunji's gross margin was 44.4% in fiscal 2025: for every $100 of revenue, Yunji kept $44 after the direct cost of its products and services.
How much does Yunji spend on research and development?
Yunji spent CN¥3.9 million on research and development in fiscal 2025, 1.2% of revenue.
How fast is Yunji growing?
Revenue grew −43.5% a year on average over the last five fiscal years, from CN¥5.5 billion to CN¥317.0 million.
When does Yunji's fiscal year end?
Yunji's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 24, 2026.