Full Truck Alliance Co. Ltd. (YMM)

Full Truck Alliance Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5,740	5,810	6,771	5,137	4,284	10,060
Short-Term Investments	9,739	15,003	11,516	20,386	19,621	8,382
Trading Asset Securities	-	-	-	700.62	2,013	349.09
Cash & Short-Term Investments	15,479	20,813	18,287	26,224	25,919	18,792
Cash Growth	-24.30%	13.81%	-30.27%	1.18%	37.93%	82.52%
Accounts Receivable	44.81	19.64	23.42	13.02	36.21	34.73
Other Receivables	14.21	1,902	1,690	1,917	868.17	386.88
Receivables	5,055	6,121	5,234	4,578	2,682	1,736
Restricted Cash	70.92	100.53	115.51	83.76	65.82	86.28
Other Current Assets	1,105	221.23	359.84	117.48	231.44	69.93
Total Current Assets	21,710	27,256	23,997	31,004	28,898	20,683
Property, Plant & Equipment	515.26	405.27	329.44	240.82	102.16	38.98
Long-Term Investments	16,568	9,876	11,076	1,774	1,678	875.21
Goodwill	3,947	3,125	3,125	3,125	3,125	2,865
Other Intangible Assets	744.51	393.48	449.9	502.42	557.02	491.28
Long-Term Deferred Tax Assets	258.68	92.88	149.08	41.49	20.49	18.97
Other Long-Term Assets	354.12	138.53	221.67	8.43	17.35	160.5
Total Assets	44,098	41,287	39,348	36,696	34,398	25,133
Accounts Payable	34.27	31.23	25.22	27.95	29.38	23.84
Accrued Expenses	1,580	1,338	1,323	1,168	1,223	641.37
Short-Term Debt	-	-	-	-	9	-
Current Portion of Leases	43	41.2	37.76	44.59	-	-
Current Income Taxes Payable	439.97	336.22	154.92	52.23	31.54	25.92
Current Unearned Revenue	648.36	571.19	548.92	462.08	383.24	319.92
Other Current Liabilities	724.21	702.52	1,184	976.86	1,057	951.29
Total Current Liabilities	3,470	3,020	3,275	2,732	2,734	1,962
Long-Term Leases	1.95	23.93	46.71	35.93	-	-
Long-Term Deferred Tax Liabilities	195.91	107.98	131.54	121.61	135.76	118.78
Total Liabilities	3,668	3,152	3,453	2,889	2,870	2,081
Common Stock	1.34	1.34	1.37	1.38	1.42	0.3
Additional Paid-In Capital	44,282	45,824	47,714	47,758	49,246	3,809
Retained Earnings	-8,008	-11,372	-14,401	-16,613	-17,020	-13,366
Treasury Stock	-	-	-608.12	-	-	-
Comprehensive Income & Other	2,965	3,224	2,898	2,511	-771.49	-237.83
Total Common Equity	39,241	37,677	35,605	33,657	31,455	-9,794
Minority Interest	1,189	458.45	290.22	149.77	73.44	0.42
Shareholders' Equity	40,429	38,135	35,895	33,807	31,529	23,052
Total Liabilities & Equity	44,098	41,287	39,348	36,696	34,398	25,133
Total Debt	44.95	65.13	84.47	80.52	9	-
Net Cash (Debt)	15,434	20,748	18,203	26,144	25,910	18,792
Net Cash Growth	-24.24%	13.98%	-30.38%	0.90%	37.88%	91.84%
Net Cash Per Share	14.75	19.85	17.20	24.23	38.54	109.77
Filing Date Shares Outstanding	1,042	1,046	1,046	1,070	1,108	240.01
Total Common Shares Outstanding	1,042	1,038	1,045	1,062	1,091	224.08
Working Capital	18,240	24,236	20,722	28,272	26,164	18,721
Book Value Per Share	37.66	36.28	34.07	31.70	28.82	-43.71
Tangible Book Value	34,550	34,158	32,030	30,030	27,774	-13,151
Tangible Book Value Per Share	33.16	32.89	30.65	28.28	25.45	-58.69
Buildings	-	63	63	63	-	-
Machinery	-	66.78	70.94	79.02	70.87	58.7
Construction In Progress	-	194.69	89.04	5.42	63	3.46
Leasehold Improvements	-	76.78	74.7	68.35	52.27	42.52

Updated Nov 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q