Company Analysis

Scienjoy Holding Corporation (SJ)

Nasdaq: SJ · Services-Computer Processing & Data Preparation · Hangzhou, Zhejiang Province, CN · filing with the SEC since 2018
Grade3.6
◀ Past 2.8● Present 4.2▶ Future 3.7

The grade of Scienjoy Holding Corporation

Nine metrics read from its own filings, by tense
Headline grade
3.6/10
◀ Past2.830% of the headline
● Present4.240% of the headline
▶ Future3.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

2.8/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.9/10

Has it survived what it has been through?

5 warning events since 2018; the latest 2022-05-02.

weight 33% of this tense · 29th percentile among 77 sector filers · read for itself

From the record

Scienjoy Holding Corporation's filings since 2018 show 5 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2020-06-11); an auditor change (8-K item 4.01, the latest 2020-05-13); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2022-05-02) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.3/10

What has it actually done, year after year?

-14% a year over 4 filed years; profitable in 2 of 4.

weight 45% of this tense · 23rd percentile among 64 sector filers · read for its customers

From the record

Scienjoy Holding Corporation's 4 filed years say what it did: revenue went from CNY 2.0 billion in fiscal 2022 to CNY 1.2 billion in fiscal 2025, down 14% a year; it rose in 0 of 3 years; the deepest fall was 36% from fiscal 2022 to fiscal 2025; net income was positive in 2 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-14.0%bottom 9% of its family
  • the share of years revenue rosebottom 3% of its family
  • the share of filed years with a profittop 48% of its family
  • the deepest fall from a revenue peak36.4%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
3.7/10

How has it treated the people who own it?

Share count grew 2.1% a year. 1% of cash flow returned. Insiders: 6 sales, 0 purchases.

weight 22% of this tense · 37th percentile among 43 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Scienjoy Holding Corporation's diluted share count grew about 2.1% a year, and dividends and buybacks returned about 1% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 6 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 45% of its family
  • cash returned against operating cash flowbottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.2/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.3/10

Is it financially healthy right now?

ROE -95%: lost 95¢ per shareholder dollar. Leverage 13%: owes 13¢ per asset dollar.

weight 33% of this tense · 53rd percentile among 69 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Scienjoy Holding Corporation lost about 95 cents for every dollar of shareholders' money, and gross profitability: its products earned about 32 cents per dollar of everything the company owns. Leverage: it owed about 13 cents per dollar of assets, and net share issuance: its share count grew 0.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 14% of its family
  • return on equitybottom 12% of its family
  • gross profit against assetstop 49% of its family
  • the share count against the year beforetop 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.9/10

How strong is its position in its industry?

bottom 19% of 68 in its family; net margin -47.3%.

weight 45% of this tense · 19th percentile among 68 sector filers · read for its customers

From the record

Scienjoy Holding Corporation's standing among 68 graded names in its industry family: revenue of CNY 1.2 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of -47.3% ranks in the bottom 24%; revenue growth of -14% a year over the last 3 filed years ranks in the bottom 13% (its annual reports).

What it rests on

  • net margin-47.3%bottom 24% of its family
  • three-year revenue growth-14.0%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.5/10

What are the people in charge doing?

top 25% of 38 in its family for leadership; chief executive since 2020.

weight 22% of this tense · 75th percentile among 38 sector filers · read for its shareholders

From the record

Scienjoy Holding Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is He, Xiaowu (Chief Executive Officer, as filed), filing under that title since 2020-05-18, 6.5 years (top 25% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 6.5 years (top 24%); it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes are not read (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • the median years the people in charge have filed6.5 yearstop 24% of its family
  • the chief executive's years on the record6.5 yearstop 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.0/10

How much room does it have to grow?

bottom 40% of 68 in its family for room to expand.

weight 22% of this tense · 40th percentile among 68 sector filers · read for itself

From the record

Scienjoy Holding Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of CNY 308 million against no long-term debt tagged leaves 43.3% of its assets as net cash, top 22% of its family; cash from operations less capital spending is 5.6% of revenue (bottom 46%); a gross margin of 18.3% (bottom 10%); research spending of 6.7% of revenue (bottom 26%) (its annual report).

What it rests on

  • cash less debt against assets43.3%top 22% of its family
  • cash from operations less capital spending against revenue5.6%bottom 46% of its family
  • gross margin18.3%bottom 10% of its family
  • research spending against revenue6.7%bottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.4/10

What could actually drive growth from here?

bottom 44% of 64 in its family for growth drivers.

weight 45% of this tense · 44th percentile among 64 sector filers · read for its customers

From the record

Scienjoy Holding Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -14% a year over the last three filed years against -14% over all 4, speeding up (top 31% of its family); the newest year grew -8.9% (bottom 10%); research spending grew 7.3% a year (top 29%); capital spending grew -27% a year (bottom 28%) (its annual reports). Scienjoy Holding Corporation reported 4 product lines in fiscal 2025: Consumable Virtual Revenue at CNY 1.2 billion (94%), Technical Services and Others at CNY 38 million (3%), Live Streaming Time Based Virtual Item Revenue at CNY 17 million (1%), and 1 more; 1 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 31% of its family
  • the newest year's revenue growth-8.9%bottom 10% of its family
  • three-year growth of research spending7.3%top 29% of its family
  • three-year growth of capital spending-27.0%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.5/10

Did its newest year beat what its own record pointed to?

bottom 25% of 54 in its family for expectations against reality.

weight 33% of this tense · 25th percentile among 54 sector filers · read for its shareholders

From the record

Scienjoy Holding Corporation's newest year against its own record: revenue of CNY 1.2 billion in fiscal 2025 came in 9% above the CNY 1.1 billion its prior three years' pace pointed to (top 32% of its family); net income of CNY 587 million against a prior three-year average of CNY 67 million (bottom 3%); a net margin of -47.3% against 3.6% before (bottom 5%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace9.0%top 32% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 3% of its family
  • net margin against its prior average-50.9 pointsbottom 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SJ · research, not advice