$AIJTY
Jianpu Technology Inc.
CIK:0001713923|SEC Filings
CONSOLIDATED STATEMENTS OF CASH FLOWS ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
|---|---|---|---|---|
|
Dec. 31, 2025
CNY (¥)
|
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
CNY (¥)
|
Dec. 31, 2023
CNY (¥)
|
|
| Cash flows from operating activities: | ||||
| Net (loss)/income | ¥ 32,026 | $ 4,579 | ¥ 105,898 | ¥ (27,046) |
| Adjustments to reconcile net (loss)/income to net cash used in operating activities: | ||||
| Depreciation and amortization expenses | 1,533 | 219 | 3,610 | 4,416 |
| Share-based compensation expenses | 221 | 32 | 2,067 | 4,306 |
| Allowance for credit losses | 2,782 | 398 | 913 | 1,926 |
| Provision for other assets | 77 | 11 | 5,004 | 783 |
| Fair value changes of crypto assets | (15,200) | (2,175) | ||
| Gain on long-term investment | (16,519) | (2,362) | (48,901) | (14,792) |
| Investment impairment loss | 3,918 | |||
| Foreign exchange gain and loss | (118) | (17) | 79 | (34) |
| Deferred income tax | (40) | (6) | (184) | (271) |
| Gain on disposal of property and equipment | (3,705) | (530) | (804) | (16) |
| Changes in operating assets and liabilities: | ||||
| Accounts receivable | 46,745 | 6,684 | 8,514 | 21,668 |
| Amount due from related parties | (1,149) | (164) | ||
| Prepayments and other current assets | 23,402 | 3,346 | (29,644) | (11,355) |
| Other non-current assets | 526 | 75 | 1,684 | 2,350 |
| Accounts payable | (12,038) | (1,721) | 8,717 | 9,811 |
| Advance from customers | 1,151 | 165 | 6,161 | 5,876 |
| Amount due to related parties | 13,929 | 1,992 | 2,619 | (2,911) |
| Tax payable | 562 | 80 | 616 | 1,111 |
| Accrued expenses and other current liabilities | 1,096 | 157 | 10,128 | 9,857 |
| Other non-current liabilities | (15) | (2) | (637) | (1,413) |
| Net cash provided by operating activities | 105,679 | 15,111 | 79,758 | 4,266 |
| Cash flows from investing activities: | ||||
| Proceeds from maturity of short-term investments | 350,000 | 50,049 | ||
| Purchases of short-term investments | (350,000) | (50,049) | ||
| Purchases of intangible assets, property and equipment | (329) | (47) | (7,188) | (2,057) |
| Proceeds from sale of property and equipment and intangible assets | 11,800 | 1,687 | 895 | 1,750 |
| Cash paid for long-term investment | (28,378) | (4,058) | (48,800) | (2,524) |
| Cash received from long-term investments | 202 | 29 | 5,850 | |
| Cash received from disposal of long-term investments | 6,314 | 903 | ||
| Maturity of time deposits | 11,572 | 1,655 | 32,426 | |
| Purchase of restricted time deposits | (10,016) | |||
| Cash proceeds from release of restricted time deposits | 10,577 | 1,512 | ||
| Maturity of restricted time deposits | 154,483 | 22,091 | 20,277 | 1,637 |
| Cash received from disposal of subsidiaries, net of cash disposed | 31,367 | 11,778 | ||
| Net cash provided by investing activities | 166,241 | 23,772 | 34,827 | 568 |
| Cash flows from financing activities: | ||||
| Proceeds from short-term borrowings | 56,089 | 8,021 | 220,975 | 256,012 |
| Repayment of short-term borrowings | (258,525) | (36,969) | (254,751) | (273,281) |
| Repayment of related party borrowings | (19,319) | (2,763) | ||
| Proceeds from employees exercising stock options | 2,244 | 321 | 13 | 33 |
| Dividends paid | (256,316) | (36,653) | ||
| Share repurchase | (5) | (1) | (11,266) | |
| Net cash used in financing activities | (475,832) | (68,044) | (45,029) | (17,236) |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | (405) | (56) | 1,662 | 4,056 |
| Net (decrease)/increase in cash and cash equivalents and restricted cash | (204,317) | (29,217) | 71,218 | (8,346) |
| Cash and cash equivalents and restricted cash at beginning of the year | 418,591 | 59,858 | 347,373 | 355,719 |
| Cash and cash equivalents at beginning of the year | 418,591 | 59,858 | 344,569 | 346,539 |
| Restricted cash at beginning of the year | 2,804 | 9,180 | ||
| Cash and cash equivalents and restricted cash at end of the year | 214,274 | 30,641 | 418,591 | 347,373 |
| Cash and cash equivalents at end of the year | 214,274 | 30,641 | 418,591 | 344,569 |
| Restricted cash at end of the year | 2,804 | |||
| Supplemental disclosures of cash flow information: | ||||
| Cash paid for interest expense | ¥ 4,884 | $ 698 | (8,319) | (9,518) |
| Non-cash investing and financing activities: | ||||
| Deemed dividends to RONG360 in connection with the share-based awards granted to employees of Non-platform business (Note 17) | ¥ 5 | 28 | ||
| Restricted time deposits transferred to time deposits | ¥ 31,949 | |||
CONSOLIDATED BALANCE SHEETS ¥ in Thousands, $ in Thousands |
Dec. 31, 2025
CNY (¥)
|
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
CNY (¥)
|
Dec. 31, 2024
USD ($)
|
|---|---|---|---|---|
| Current assets: | ||||
| Cash and cash equivalents | ¥ 214,274 | $ 30,641 | ¥ 418,591 | $ 59,858 |
| Time deposits | 11,572 | |||
| Restricted time deposits | 92,130 | 13,174 | 251,023 | |
| Accounts receivable, net of allowance for credit losses of RMB 35,242 and RMB 38,024 as of December 31, 2024 and 2025, respectively (including amounts billed through related party of RMB 423 and nil as of December 31, 2024 and December 31, 2025, respectively) | 93,504 | 13,371 | 143,032 | |
| Amount due from related parties | ¥ 3,514 | $ 502 | ¥ 2,365 | |
| Other Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration] | Related Party | Related Party | Related Party | Related Party |
| Prepayments and other current assets | ¥ 53,973 | $ 7,718 | ¥ 66,570 | |
| Total current assets | 457,395 | 65,406 | 893,153 | |
| Non-current assets: | ||||
| Property and equipment, net | 701 | 100 | 9,434 | |
| Intangible assets, net | 1,295 | 185 | 1,891 | |
| Crypto assets | 28,539 | 4,081 | 15,506 | |
| Restricted cash and time deposits | 26,395 | |||
| Long-term investments | 85,599 | 12,241 | 58,268 | |
| Other non-current assets | 451 | 65 | 977 | |
| Total non-current assets | 116,585 | 16,672 | 112,471 | |
| Total assets | 573,980 | 82,078 | 1,005,624 | |
| Current liabilities: | ||||
| Short-term borrowings | 202,436 | |||
| Accounts payable (including amounts billed through related party of RMB 1,820 and nil as of December 31, 2024 and 2025, respectively; including amounts of the consolidated variable interest entities ("VIEs") of RMB 11,121 and RMB 11,549 as of December 31, 2024 and 2025, respectively. Note 1(f)) | 96,211 | 13,758 | 108,249 | |
| Advances from customers (including amounts of the consolidated VIEs of RMB 559 and RMB 413 as of December 31, 2024 and 2025, respectively. Note 1(f)) | 52,786 | 7,548 | 51,635 | |
| Tax payable (including amounts of the consolidated VIEs of RMB8,006 and RMB9,701 as of December 31, 2024 and 2025, respectively. Note 1(f)) | 10,501 | 1,502 | 9,939 | |
| Amount due to related parties | 176 | 25 | 5,566 | |
| Accrued expenses and other current liabilities (including amounts of the consolidated VIEs of RMB5,296 and RMB2,325 as of December 31, 2024 and 2025, respectively. Note 1(f)) | 120,143 | 17,180 | 95,868 | |
| Total current liabilities | 279,817 | 40,013 | 473,693 | |
| Non-current liabilities: | ||||
| Deferred tax liabilities (including amounts of the consolidated VIEs of nil and nil as of December 31, 2024 and 2025, respectively. Note 1(f)) | 80 | 11 | 141 | |
| Other non-current liabilities (including amounts of the consolidated VIEs of nil and nil as of December 31, 2024 and 2025, respectively. Note 1(f)) | 217 | 31 | 11,046 | |
| Total non-current liabilities | 297 | 42 | 11,187 | |
| Total liabilities | 280,114 | 40,055 | 484,880 | |
| Commitments and contingencies (Note 23) | ||||
| Shareholders' equity: | ||||
| Ordinary shares | 280 | 40 | 286 | |
| Treasury stock, at cost (57,993,572 and 20,695,255 shares held as of December 31, 2024 and 2025, respectively) | (4,691) | (671) | (81,523) | |
| Additional paid-in capital | 1,531,425 | 218,991 | 1,890,443 | |
| Accumulated losses | (1,284,456) | (183,675) | (1,344,794) | |
| Statutory reserves | 2,027 | 290 | 2,027 | |
| Accumulated other comprehensive income | 48,889 | 6,992 | 54,031 | |
| Total Jianpu's shareholders' equity | 293,474 | 41,967 | 520,470 | |
| Noncontrolling interests | 392 | 56 | 274 | |
| Total shareholders' equity | 293,866 | 42,023 | 520,744 | |
| Total liabilities and shareholders' equity | ¥ 573,980 | $ 82,078 | ¥ 1,005,624 |