111, Inc. Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,388	12,556	14,401	14,948	13,517	12,426
Revenue Growth (YoY)	-20.93%	-12.81%	-3.66%	10.59%	8.78%	51.48%
Cost of Revenue	10,734	11,833	13,572	14,099	12,677	11,805
Gross Profit	654.27	723.41	829.23	848.98	839.98	621.1
Selling, General & Admin	625.39	673.32	765.84	1,073	1,065	1,076
Other Operating Expenses	51.36	52.46	61.28	125.95	146.06	187.27
Total Operating Expenses	676.76	725.78	827.12	1,199	1,211	1,263
Operating Income	-22.49	-2.38	2.11	-350.1	-371	-642.14
Interest Income	3.36	3.89	7.04	8.83	8.12	9.78
Interest Expense	-34.7	-35.57	-28.33	-20.14	-13.44	-5.49
Other Non-Operating Income (Expense)	11.82	11.56	-1.5	8.22	0.26	16.83
Total Non-Operating Income (Expense)	-19.52	-20.13	-22.79	-3.09	-5.07	21.12
Pretax Income	-42.01	-22.5	-20.68	-353.18	-376.07	-621.03
Provision for Income Taxes	-0	0.01	0.1	0.25	-	-
Net Income	-42	-22.52	-20.78	-353.43	-376.07	-621.03
Minority Interest in Earnings	43.78	43.88	43.97	39.26	40.81	48.79
Net Income to Common	-85.78	-66.39	-64.74	-392.69	-416.88	-669.81
Shares Outstanding (Basic)	9	9	9	8	8	8
Shares Outstanding (Diluted)	9	9	9	8	8	8
Shares Change (YoY)	1.41%	1.27%	1.91%	1.19%	0.46%	0.66%
EPS (Basic)	-9.60	-7.60	-7.60	-46.60	-50.00	-80.80
EPS (Diluted)	-9.60	-7.60	-7.60	-46.60	-50.00	-80.80
Free Cash Flow	-85.18	114.69	247.82	-457.07	-54.73	-751.43
Free Cash Flow Growth	-	-53.72%	-	-	-	-
Free Cash Flow Per Share	-9.75	13.18	28.84	-54.22	-6.57	-90.61
Gross Margin	5.75%	5.76%	5.76%	5.68%	6.21%	5.00%
Operating Margin	-0.20%	-0.02%	0.01%	-2.34%	-2.74%	-5.17%
Profit Margin	-0.37%	-0.18%	-0.14%	-2.36%	-2.78%	-5.00%
FCF Margin	-0.75%	0.91%	1.72%	-3.06%	-0.40%	-6.05%
EBITDA	-22.49	9.46	19.08	-328.32	-330.18	-614.92
EBITDA Margin	-0.20%	0.08%	0.13%	-2.20%	-2.44%	-4.95%
EBIT	-22.49	-2.38	2.11	-350.1	-371	-642.14
EBIT Margin	-0.20%	-0.02%	0.01%	-2.34%	-2.74%	-5.17%
Effective Tax Rate	0.01%	-0.06%	-0.46%	-0.07%	0.00%	0.00%

SEC Filings: 10-K · 10-Q