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Consolidated Balance Sheets

In millions of CNY, except per-share amounts
Q4 FY2025
As of Dec 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q4 FY2020
As of Dec 31, 2020
Q4 FY2019
As of Dec 31, 2019
ASSETS
Current assets:
Cash and cash equivalents
Restricted cash
Short-term investment
Accounts receivable, net
Advance to suppliers
Inventories, net
Amounts due from the group companies
Related Party
Total amounts due from the group companies
Amounts due from related parties
Prepaid expenses and other current assets
Total current assets
Non-current assets:
Property, equipment and software, net
Land use rights, net
Long-term Investments
Right-of-use assets
Other non-current assets, net
Total non-current assets
Total assets
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities (including amounts of the consolidated VIE and the VIE’s subsidiaries without recourse to the primary beneficiary of RMB 157,120 and RMB 118,420 as of December 31, 2024 and 2025, respectively)
Accounts payable
Deferred revenue
Incentive payables to members
Member management fees payable
Other payable and accrued liabilities
Amounts due to related parties
Short-term borrowings
Operating lease liabilities, current
Total current liabilities
Non-current liabilities (including amounts of the consolidated VIE and the VIE’s subsidiaries without recourse to the primary beneficiary of RMB 223 and nil as of December 31, 2024 and 2025, respectively)
Operating lease liabilities non-current
Other non-current liabilities
Total non-current liabilities
Total liabilities
Shareholders’ equity
Ordinary shares (US$0.000005 par value 20,000,000,000 shares authorized as of December 31, 2024 and 2025; 1,208,831,222 Class A ordinary shares and 949,960,000 Class B ordinary shares issued as of December 31, 2024 and 2025; 1,020,256,032 and 1,020,256,032 Class A ordinary shares and 949,960,000 and 949,960,000 Class B ordinary shares outstanding as of December 31, 2024 and 2025, respectively)
Additional paid-in capital
Statutory reserve
Accumulated other comprehensive income
Less: Treasury stock (188,575,190 shares as of December 31, 2024 and 2025, respectively)
Accumulated deficit
Total Yunji Inc. shareholders' equity
Non-controlling interests
Total shareholders' equity
Total liabilities and shareholders' equity

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