Yuanbao Inc. (YB) Key Metrics
YB key metrics, 2021–2025
Fiscal year ended December 31, 2025 · Chinese yuanYB returns How much profit the business earns on the capital it uses.
YB financial health Debt, liquidity and how easily interest is covered.
YB efficiency & capital use Working capital cycle and where the cash goes.
YB returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
YB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
YB key metrics in Chinese yuan
2021–2025| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Returns & profitability | |||||
| Return on equity (ROE) | 148.5% | — | — | — | — |
| Return on assets (ROA) | 34.2% | 40.3% | 15.6% | 2.0% | −55.9% |
| Return on tangible assets | 27.7% | 31.8% | 13.9% | 1.8% | −60.3% |
| Free cash flow margin | 33.8% | 36.7% | 21.4% | 10.0% | −64.4% |
| Income quality (OCF / net income) | 1.18 | 1.39 | 2.18 | 4.68 | — |
| Financial health | |||||
| Total debt | CN¥7.9M | CN¥19.2M | CN¥31.0M | CN¥24.2M | CN¥3.4M |
| Cash & short-term investments | CN¥3.96B | CN¥2.32B | CN¥1.12B | CN¥641.4M | CN¥577.3M |
| Net debt | −CN¥3.96B | −CN¥2.30B | −CN¥1.09B | −CN¥617.2M | −CN¥573.9M |
| Debt / equity | 0.00 | — | — | — | — |
| Debt / assets | 0.00 | 0.01 | 0.02 | 0.02 | 0.00 |
| Net debt / EBITDA | −2.92 | −2.63 | −5.71 | — | — |
| Current ratio | 3.91 | 2.84 | 2.22 | 2.10 | 2.68 |
| Quick ratio | 3.91 | 2.84 | 2.22 | 2.10 | 2.68 |
| Working capital | CN¥3.32B | CN¥1.73B | CN¥776.1M | CN¥518.1M | CN¥449.2M |
| Invested capital | −CN¥609.1M | −CN¥3.94B | −CN¥3.23B | −CN¥2.50B | −CN¥2.07B |
| Tangible asset value | CN¥3.28B | −CN¥1.69B | −CN¥2.20B | −CN¥1.94B | −CN¥1.55B |
| Net current asset value | CN¥3.15B | −CN¥1.74B | −CN¥2.25B | −CN¥1.97B | −CN¥1.57B |
| Capital allocation | |||||
| Capex / revenue | 0.4% | 0.1% | 0.2% | 0.3% | 0.8% |
| Capex / operating cash flow | 1.3% | 0.3% | 1.1% | 2.8% | — |
| Capex / depreciation | 1.08 | 0.22 | 0.29 | 0.26 | 0.37 |
| Stock-based compensation / revenue | 1.7% | 1.9% | 1.8% | 3.2% | 4.4% |
| R&D / revenue | 8.3% | 7.0% | 6.3% | 9.2% | 23.2% |
| SG&A / revenue | 57.3% | 61.8% | 78.4% | 85.3% | 165.1% |
| Efficiency | |||||
| Days sales outstanding | 29.3 | 28.6 | 42.6 | 59.8 | 53.1 |
| Days payables outstanding | 30.6 | 30.4 | 35.4 | 41.9 | 27.4 |
| Cash conversion cycle (days) | -1.2 | -1.8 | 7.1 | 17.9 | 25.7 |
| Receivables turnover | 12.44 | 12.76 | 8.57 | 6.10 | 6.88 |
| Payables turnover | 11.94 | 11.99 | 10.30 | 8.70 | 13.33 |
| Asset turnover | 1.18 | 1.53 | 1.57 | 0.91 | 0.49 |
| Average receivables | CN¥351.4M | CN¥257.4M | CN¥238.5M | CN¥139.4M | CN¥56.0M |
| Average payables | CN¥14.0M | CN¥13.9M | CN¥13.4M | CN¥7.2M | CN¥4.7M |
| Intangibles / total assets | 1.4% | 2.1% | 3.8% | 5.4% | 7.3% |
Computed from YB's annual financial statements (latest annual report filed April 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Chinese yuan; data from EODHD. Averages use the opening and closing balance of each year.
YB valuation and financial ratios
Yuanbao Inc. earned a return on equity of 148.5% in fiscal 2025. It ended the year with CN¥7.9 million of debt and CN¥4.0 billion in cash and short-term investments, a net cash position of CN¥4.0 billion.
See the YB income statement, the YB chart for price history, or the YB stock overview for the latest quote and news.
YB key metrics FAQ
What is Yuanbao Inc.'s return on equity?
Yuanbao Inc.'s return on equity (ROE) was 148.5% in fiscal 2025: net income of CN¥1.3 billion on average shareholders' equity of CN¥856.2 million.
How much debt does Yuanbao Inc. have?
Yuanbao Inc. had total debt of CN¥7.9 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Yuanbao Inc.'s current ratio?
Yuanbao Inc.'s current ratio was 3.91 at the end of fiscal 2025: current assets were 3.91 times current liabilities.