← 111, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | ($376.1m) | ($353.4m) | ($20.8m) | ($22.5m) | ($22.5m) | |
| Net loss | ($363.4m) | ($249.3m) | ($382.0m) | ($501.8m) | ($467.1m) | ($621.0m) | ($376.1m) | ($353.4m) | ($20.8m) | ($22.5m) | — | |
| Net Income (Loss) Attributable to Parent | — | ($249.3m) |
($382.0m)
-53.23%
|
— | — | — | ($416.9m) |
($392.7m)
+5.80%
|
($64.7m)
+83.51%
|
($66.4m)
-2.55%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | ($248.6m) |
($55.3m)
+77.76%
|
($71.8m)
-29.82%
|
($70.0m)
+2.50%
|
($105.1m)
-50.23%
|
($60.4m)
+42.49%
|
($55.3m)
+8.49%
|
($8.9m)
+83.96%
|
($9.5m)
-7.03%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | ($249.3m) | ($55.6m) | ($72.1m) | ($71.6m) | ($97.5m) | ($54.5m) | ($49.8m) | ($2.8m) | ($3.2m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($747k) | ($285k) | ($319k) | — | ($4.4m) | ($2.2m) | ($2.4m) | ($1.2m) | ($585k) | — | |
| Depreciation, Depletion and Amortization | $12.1m | $14.8m | $1.6m | $1.7m | $2.1m | $4.3m | $5.9m | $3.1m | $2.3m | $1.7m | $11.8m | |
| Amortization of Intangible Assets | — | $617k | $623k | — | — | — | $1.7m | $1.0m | $815k | $568k | — | |
| Depreciation | $12.1m | $14.2m | $10.6m | $10.6m | $12.2m | $25.5m | $39.1m | $20.8m | $16.2m | $11.3m | $11.3m | |
| Amortization Cash Flow | — | — | — | — | — | — | $1.7m | $1.0m | $815k | $568k | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $1.7m | $1.0m | $815k | $568k | $568k | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $40.8m | $21.8m | $17.0m | $11.8m | $11.8m | |
| Share-based Payment Arrangement, Noncash Expense | — | $9.9m | $7.5m | $7.8m | $11.6m | $22.8m | $23.5m | $31.9m | $2.8m | $1.4m | $10.0m | |
| Share-based Payment Arrangement, Expense | — | $9.9m | $51.4m | $54.3m | $75.7m | $145.6m | $157.4m | $226.2m | $20.1m | $10.0m | $10.0m | |
| Share-based compensation | $3.4m | $9.9m | $51.4m | $54.3m | $75.7m | $145.6m | $162.1m | $226.7m | $20.1m | $10.0m | $10.0m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | $0 | — | — | — | — | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $28.5m | $19.9m | $3.9m | $1.8m | $1.8m | |
| Other Nonoperating Income (Expense) | — | $4.2m | $1.7m | $120k | $484k | $2.3m | $1.2m | $1.1m | ($82k) | $1.6m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $44.5m | ($424.3m) | $192.7m | $77.2m | $77.2m | |
| Increase (Decrease) in Accounts Receivable | — | ($8.0m) | $1.2m | $5.3m | $97.8m | $241.4m | $84.4m | $47.9m | ($123.7m) | ($153.4m) | $170.7m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | — | $429k | $1.0m | $3k | $2k | ($519) | $3k | $170.7m | |
| Accounts receivable | $2.0m | $8.0m | ($8.2m) | ($36.7m) | ($98.3m) | ($242.4m) | ($87.0m) | ($49.9m) | $123.2m | $150.5m | $170.7m | |
| Change In Receivables | — | — | — | — | — | — | ($39.6m) | ($84.2m) | $122.0m | $170.7m | $170.7m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($87.0m) | ($49.9m) | $123.2m | $150.5m | $170.7m | |
| Increase (Decrease) in Inventories | — | $9.3m | $9.7m | $39.7m | $46.7m | $62.9m | $58.9m | ($8.4m) | ($3.9m) | ($55.4m) | $387.1m | |
| Inventory Write-down | — | $0 | $0 | $790k | $24.2m | $46.0m | $4.1m | $2.8m | $533k | $258k | — | |
| Inventories | ($22.0m) | ($9.3m) | ($66.8m) | ($276.2m) | ($304.5m) | ($400.6m) | ($406.3m) | $59.6m | $28.1m | $387.1m | $387.1m | |
| Change In Inventory | — | — | — | — | — | — | ($406.3m) | $59.6m | $28.1m | $387.1m | $387.1m | |
| Increase (Decrease) in Accounts Payable | — | $30.2m | $12.2m | — | — | — | — | — | — | — | ($439.1m) | |
| Accounts payable | $8.9m | $30.2m | $84.1m | $232.1m | $629.0m | $274.0m | $417.5m | ($176.7m) | $132.7m | ($439.1m) | ($439.1m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $595.1m | ($406.7m) | $100.5m | ($535.7m) | ($439.1m) | |
| Accrued capital expenditures | — | $6.8m | $2.1m | $2.9m | $3.9m | $9.8m | $4.6m | $1.4m | $2.1m | $636k | — | |
| Accrued expenses and other current liabilities | $6.0m | ($1.1m) | $28.6m | $74.4m | $111.3m | $120.9m | $177.6m | ($230.0m) | ($32.2m) | ($96.6m) | — | |
| Change In Accrued Expense | — | — | — | — | — | — | $177.6m | ($230.0m) | ($32.2m) | ($96.6m) | ($96.6m) | |
| Prepayments and other current assets | ($35.6m) | ($7.5m) | ($56.3m) | ($47.5m) | ($102.1m) | $69.3m | ($39.5m) | $57.2m | ($26.2m) | $54.4m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $1.7m | $7.0m | ($1.4m) | $5.4m | $5.4m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($65.5m) | ($62.5m) | ($34.1m) | $2.0m | $2.0m | |
| Other Operating Income (Expense), Net | — | $2.7m | ($97k) | ($536k) | $1.2m | $316k | ($951k) | ($226k) | $1.1m | $1.1m | — | |
| Net Cash Provided by (Used in) Operating Activities | ($388.6m) |
($204.4m)
+47.41%
|
($49.9m)
+75.59%
|
($73.6m)
-47.52%
|
($17.9m)
+75.68%
|
($108.1m)
-503.97%
|
($3.4m)
+96.90%
|
($63.0m)
-1777.03%
|
$36.0m
+157.20%
|
$17.0m
-52.72%
|
$119.1m
+599.35%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $277k | $10k | ($161k) | $1k | ($25k) | $8k | ($199k) | ($140k) | ($4k) | ($6k) | ($1.2m) | |
| Payments to Acquire Property, Plant, and Equipment | $174k | $6.8m | $2.1m | $2.9m | $3.9m | $9.8m | $4.6m | $1.4m | $2.1m | $636k | ($4.5m) | |
| Purchase of short-term investments | ($267.6m) | ($109.4m) | ($519.2m) | ($601.0m) | ($500.0m) | ($1.8b) | ($1.3b) | ($914.3m) | ($460.0m) | ($750.0m) | — | |
| Proceeds from sale of long-term investments | — | — | — | — | — | $140k | $750k | — | $900k | — | — | |
| Proceeds from sale or maturity of short-term investments | $6.7m | $80.2m | $578.4m | $863.1m | $201.0m | $2.0b | $1.3b | $1.1b | $511.2m | $700.6m | — | |
| Change in fair value of available-for-sale investments | $1.4m | $5.2m | $8.7m | $7.3m | $1.1m | $8.3m | $4.8m | $4.3m | $1.1m | $677k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($267.6m) | ($36.1m) | $6.5m | $34.1m | ($49.8m) | $9.4m | ($6.8m) | $21.4m | $5.1m | ($7.7m) | ($53.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from short-term bank borrowings | — | — | — | $150.9m | $398.8m | $406.8m | $788.2m | $919.6m | $438.9m | $287.6m | — | |
| Repayment of short-term bank borrowings | — | — | — | ($55.8m) | ($264.6m) | ($376.4m) | ($868.8m) | ($750.1m) | ($616.0m) | ($261.0m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $788.2m | $919.6m | $438.9m | $287.6m | $287.6m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($80.7m) | $169.5m | ($177.1m) | $26.6m | $26.6m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($80.7m) | $169.5m | ($177.1m) | $26.6m | $26.6m | |
| Short Term Debt Issuance | — | — | — | — | — | — | $788.2m | $919.6m | $438.9m | $287.6m | $287.6m | |
| Repayment Of Debt | — | — | — | — | — | — | ($868.8m) | ($750.1m) | ($616.0m) | ($261.0m) | ($261.0m) | |
| Short Term Debt Payments | — | — | — | — | — | — | ($868.8m) | ($750.1m) | ($616.0m) | ($261.0m) | ($261.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $274k | $223k | $14k | $745k | $745k | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($5.9m) | $0 | $0 | — | — | $0 | |
| Proceeds from Issuance of Common Stock | — | $25k | — | $1.6m | $970k | $458k | $40k | $31k | $2k | $107k | $745k | |
| Common Stock Issuance | — | — | — | — | — | — | $274k | $223k | $14k | $745k | $745k | |
| Payments for Repurchase of Common Stock | — | — | — | $3.3m | $1.8m | $924k | — | — | — | — | — | |
| Common Stock Payments | — | — | — | — | — | ($5.9m) | $0 | $0 | — | — | $0 | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | $3.7m | — | $9.7m | $93.7m | $204.4m | $97.4m | $7.6m | — | |
| Proceeds from other financing activities | — | — | — | $25.6m | — | $61.9m | $646.4m | $1.5b | $711.0m | $53.5m | — | |
| Repayment for other financing activities | — | — | — | — | ($25.4m) | ($15.0m) | ($543.3m) | ($1.4b) | ($840.3m) | ($97.0m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | $103.1m | $36.2m | ($229.2m) | ($48.6m) | ($48.6m) | |
| Net Cash Provided by (Used in) Financing Activities | $148.4m |
$49.5m
-66.65%
|
$141.5m
+185.80%
|
$15.7m
-88.93%
|
$164.0m
+947.90%
|
$11.7m
-92.89%
|
$3.3m
-71.74%
|
$29.0m
+780.19%
|
($55.7m)
-291.84%
|
($3.0m)
+94.55%
|
($21.2m)
-599.24%
|
|
| Net (decrease) increase in cash and cash equivalents, and restricted cash | ($472.5m) | ($205.8m) | $686.1m | ($156.0m) | $620.8m | ($557.9m) | ($43.9m) | ($93.2m) | ($105.2m) | $43.0m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($205.8m) | $99.8m | ($22.4m) | $95.1m | ($87.5m) | ($6.4m) | ($13.1m) | ($14.4m) | $6.1m | $378.1m | |
| Beginning Cash Position | — | — | — | — | — | — | $760.7m | $716.8m | $623.5m | $518.3m | $556.8m | |
| Cash and cash equivalents, and restricted cash at the beginning of the year | $373.5m | $167.7m | $853.7m | $697.7m | $1.3b | $760.7m | $716.8m | $623.5m | $518.3m | $561.3m | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($14.8m) | $1.7m | $1.4m | ($1.2m) | ($550k) | — | — | — | — | ($1.5m) | |
| Effect of exchange rate changes on cash and cash equivalents, and restricted cash | — | ($14.8m) | $11.9m | $9.7m | ($8.1m) | ($3.5m) | $3.7m | ($3.7m) | $628k | ($1.3m) | ($1.5m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $24.4m | $124.2m | $100.2m | $202.1m | $119.4m | $103.9m | $87.8m | $71.0m | $80.3m | $378.1m | |
| Restricted cash | — | — | — | $116.4m | $128.9m | $99.3m | $43.1m | $20.0m | $56.0m | $50.3m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Gain (Loss) on Disposition of Intangible Assets | — | — | — | — | — | — | ($3k) | — | — | — | — | |
| Income Tax Expense (Benefit) | — | — | $1k | $0 | $0 | $0 | $0 | $35k | $13k | $2k | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $3.9m | $5.1m | — | |
| Operating Lease, Expense | — | $23.9m | $27.1m | $3.6m | $6.0m | $14.1m | $10.1m | $8.8m | $6.6m | $5.5m | — | |
| Operating lease liabilities | — | — | — | ($24.7m) | ($38.1m) | ($93.8m) | ($65.5m) | ($62.5m) | ($34.1m) | $2.0m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($3.5m) | $358k | ($1.5m) | $850k | $304k | ($1.1m) | $86k | ($125k) | $69k | — | |
| General and Administrative Expense | — | $53.4m | $14.4m | $17.7m | $19.7m | $32.5m | $29.8m | $31.6m | $9.7m | $9.9m | — | |
| Investment Income, Interest | — | $4.0m | $633k | $690k | $967k | $1.5m | $1.2m | $1.2m | $965k | $556k | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Credit loss | — | — | — | — | ($645k) | $1.3m | $2.7m | $1.9m | $519k | $3.2m | — | |
| Investment (income) loss, net | — | — | — | — | — | — | ($4.2m) | ($4.0m) | $170k | ($710k) | — | |
| Noncash lease expense | — | — | — | $25.4m | $39.3m | $89.8m | $69.3m | $62.6m | $48.5m | $38.7m | — | |
| Exchange loss (gain) | — | — | — | — | ($5.5m) | ($1.9m) | $7.9m | $610k | $910k | $480k | — | |
| Notes receivable | — | — | — | ($23.6m) | $11.0m | ($78.2m) | $47.4m | ($34.3m) | ($1.2m) | $20.2m | — | |
| Other non-current assets | — | — | ($3.4m) | $367k | ($2.1m) | ($17.0m) | $1.7m | $7.0m | ($1.4m) | $5.4m | — | |
| Other non-current liabilities | — | — | $8.1m | ($2.2m) | ($2.2m) | ($2.2m) | ($1.5m) | $5.2m | $3.7m | ($6.8m) | — | |
| Purchases of intangible assets | ($1.6m) | ($62k) | ($376k) | ($4.6m) | ($289k) | ($100k) | ($114k) | ($3k) | — | — | — | |
| Net proceeds from issuance of ordinary shares upon the exercise of stock options | $1k | $25k | — | $11.3m | $6.3m | $2.9m | $274k | $223k | $14k | $745k | — | |
| Contribution from redeemable non-controlling interest holders | — | — | — | — | $32.5m | — | — | — | $1.2m | — | — | |
| Payment for share repurchase from non-controlling interest holders | — | — | — | — | — | — | — | — | ($13.5m) | ($1.9m) | — | |
| Repayment of redemption rights from redeemable non-controlling interest holders | — | — | — | — | — | — | — | ($1.7m) | ($87.5m) | ($3.2m) | — | |
| Adjustment attributable to redeemable non-controlling interest | — | — | — | — | — | ($133.4m) | ($88.4m) | ($86.9m) | ($54.4m) | ($49.1m) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $22.7m | $206.0m | ($406.2m) | ($21.2m) | ($21.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($47.2m) | $151.7m | $37.4m | ($53.7m) | ($53.7m) | |
| Change In Account Payable | — | — | — | — | — | — | $417.5m | ($176.7m) | $132.7m | ($439.1m) | ($439.1m) | |
| Change In Other Working Capital | — | — | — | — | — | — | ($1.5m) | $5.2m | $3.7m | ($6.8m) | ($6.8m) | |
| Change In Payable | — | — | — | — | — | — | $417.5m | ($176.7m) | $132.7m | ($439.1m) | ($439.1m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($39.5m) | $57.2m | ($26.2m) | $54.4m | $54.4m | |
| Changes In Cash | — | — | — | — | — | — | ($47.6m) | ($89.5m) | ($105.8m) | $44.2m | ($178.7m) | |
| End Cash Position | — | — | — | — | — | — | $716.8m | $623.5m | $518.3m | $561.3m | $378.1m | |
| Financing Cash Flow | — | — | — | — | — | — | $22.7m |
$206.0m
+806.00%
|
($406.2m)
-297.22%
|
($21.2m)
+94.78%
|
($21.2m)
0.00%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($54.8m) | ($457.1m) | $247.8m | $114.7m | ($89.6m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($4.2m) | ($4.0m) | $170k | ($710k) | ($710k) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $1.4m | $992k | $31k | $39k | $39k | |
| Investing Cash Flow | — | — | — | — | — | — | ($47.2m) | $151.7m | $37.4m | ($53.7m) | ($53.7m) | |
| Net Business Purchase And Sale | — | — | — | — | — | $0 | ($3.0m) | $0 | $0 | — | $0 | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | $7.9m | $610k | $910k | ($480k) | ($480k) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($114k) | ($3k) | $0 | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($30.4m) | ($8.2m) | ($14.7m) | ($4.4m) | ($4.4m) | |
| Operating Gains Losses | — | — | — | — | — | — | $5.1m | ($2.4m) | $1.1m | ($1.2m) | ($1.2m) | |
| Other Non Cash Items | — | — | — | — | — | — | $69.3m | $62.6m | $48.5m | $38.7m | — | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $2.7m | $1.9m | $519k | $3.2m | $3.2m | |
| Purchase Of Business | — | — | — | — | — | $0 | ($3.0m) | $0 | $0 | — | $0 | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($114k) | ($3k) | $0 | $0 | $0 | |
| Purchase Of PPE | — | — | — | — | — | — | ($31.6m) | ($9.8m) | ($15.2m) | ($4.5m) | ($4.5m) | |
| Sale Of PPE | — | — | — | — | — | — | $1.2m | $1.6m | $458k | $82k | $82k | |
| Stock Based Compensation | — | — | — | — | — | — | $162.1m | $226.7m | $20.1m | $10.0m | $10.0m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($13.7m) | $159.9m | $52.1m | ($49.4m) | ($49.4m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($1.3b) | ($914.3m) | ($460.0m) | ($750.0m) | ($750.0m) | |
| Sale Of Investment | — | — | — | — | — | — | $1.3b | $1.1b | $512.1m | $700.6m | $700.6m | |
| Proceeds from Noncontrolling Interests | — | — | — | — | $5.0m | — | — | — | $168k | — | — | |
| Cash and cash equivalents | — | — | $853.7m | $581.3m | $1.2b | $661.4m | $673.7m | $603.5m | $462.3m | $511.0m | $556.8m | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($43.9m) | ($93.2m) | ($105.2m) | $43.0m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $751k | — | — | $117k | $1.7m | $883k | $1.4m | $1.5m | $844k | $346k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.