Company Analysis

Full Truck Alliance Co. Ltd. (YMM)

NYSE: YMM · Services-Prepackaged Software · Nanjing, Jiangsu Province, CN · filing with the SEC since 2021
Grade6.1
◀ Past 7.1● Present 6.8▶ Future 4.9
1 est.

Income statement, as filed

In thousands of Chinese yuan (CNY), as filed; per-share figures in Chinese yuan; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedApr 14, 2026Apr 14, 2025Apr 15, 2024Apr 19, 2023Apr 25, 2022··
Revenue12,489,85911,238,6388,436,1596,733,6444,657,0192,580,8202,473,061
For lenders
Provision for credit losses432,781296,528234,599194,27297,65894,160127,790
Cost of revenue4,618,7965,100,5584,119,0163,514,5512,539,9981,316,0171,389,864
Research and development874,435880,016946,635914,151729,668413,369396,692
Sales and marketing1,747,7591,596,7631,239,191902,269837,301454,343403,117
General and administrative709,775913,763937,6771,417,9334,271,1523,938,5651,189,423
Total costs and expenses8,396,1168,787,6287,477,1186,943,1768,475,7776,216,4543,506,886
Operating income4,146,1982,474,980997,429-162,002-3,795,943-3,614,603-1,020,602
Interest expense·00175408,36739,996
Interest and investment income94,71754,78555,6215,41128,3173,3210
Share of profit of equity-method investments-14,814-2,861-2,067-1,246-11,321-11,054-1,729
Other income (expense), net109,232128,152130,264230,6317,067-5,559-8,585
Total non-operating income (expense)1,242,035887,8681,336,468669,937155,606163,007-535,741
Income before income taxes5,388,2333,362,8482,333,897507,935-3,640,337-3,451,596-1,556,343
Income tax expense929,157239,411106,80496,03514,19119,336-14,676
Income from continuing operations···411,900-3,654,528-3,470,932-1,541,667
Income from discontinued operations···0045218,010
Net income including non-controlling interests4,459,0763,123,4372,227,093411,900-3,654,528-3,470,480-1,523,657
Net income to non-controlling interests-27,454-3,548-1,252539-80-8-7
Net income4,459,0763,123,4372,227,093411,900-3,654,528-3,470,480-1,523,657
Net income to common shareholders4,408,1693,069,8492,212,888406,762-4,172,880-3,590,558-1,523,650
Earnings per share, basic0.210.150.100.02-0.31-1.05·
Earnings per share, diluted0.210.150.100.02-0.31-1.05·
Earnings per share, basic and diluted····-0.31-1.05-0.46
Weighted average shares, basic20,839,163,07020,822,835,54521,111,924,88621,517,856,98113,445,972,2803,423,687,6543,299,723,079
Weighted average shares, diluted20,928,172,68420,902,222,03621,162,351,46121,579,616,38913,445,972,2803,423,687,6543,299,723,079
Weighted average shares, basic and diluted····13,445,972,2803,423,687,6543,299,723,079
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanLeaseAndOtherLosses
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton YMM · research, not advice