Overview
- TickerYMT on Nasdaq1
- IndustryServices-Computer Processing & Data Preparation1
- HeadquartersBeijing, China1
- Incorporated inCayman Islands3
- Business address6/F, Buidling B-6, Block A, No. 66 Xixiaokou Road, Haidian District, Beijing, F4 1001923
- Filer categoryNon-accelerated filer, Emerging growth company3
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2014 in mainland China. Beijing Yimutian currently primarily engages in digital agricultural commerce services.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CNY, the currency the company reports in.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Membership services brought in 60% of the revenue Yimutian Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Membership services | 99.9M CNY | 95.6M CNY | 84.8M CNY |
| Value-added services | 65.8M CNY | 52.7M CNY | 47.8M CNY |
| Other Digital Agricultural Solutions | 16.6M CNY | 8.7M CNY | 5.3M CNY |
| Transaction services | 5.1M CNY | 4.3M CNY | 2.8M CNY |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue3¢3.1M CNY
- Research and development4¢4.2M CNY
- Other costs92¢87.0M CNY
Out of 94.3M CNY in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenues | 140.7M CNY | 161.3M CNY | 187.5M CNY |
| Cost of revenues | -21.6M CNY | -30.6M CNY | -49.2M CNY |
| Gross profit | 119.1M CNY | 130.7M CNY | 138.3M CNY |
| Selling and marketing expenses | -77.5M CNY | -87.6M CNY | -94.6M CNY |
| General and administrative expenses | -58.8M CNY | -39.6M CNY | -96.7M CNY |
| Research and development expenses | -29.6M CNY | -37.8M CNY | -47.5M CNY |
| Other income, net | 5.0M CNY | 218.0K CNY | 823.0K CNY |
| Operating loss | -41.8M CNY | -34.0M CNY | -99.7M CNY |
| Interest income | 9.0K CNY | 12.0K CNY | 23.0K CNY |
| Interest expense | -5.6M CNY | -964.0K CNY | -211.0K CNY |
| Change in fair value of financial liabilities | -3.7M CNY | ||
| Loss from derecognition of financial liabilities | -2.0M CNY | ||
| Loss before income taxes and share of loss of equity | -47.4M CNY | -35.0M CNY | -105.6M CNY |
| Share of (loss) income of equity method investments | 38.0K CNY | -38.0K CNY | |
| Net loss | -47.4M CNY | -34.9M CNY | -105.6M CNY |
| Net loss attributable to non-controlling interests | 733.0K CNY | 41.0K CNY | 11.0K CNY |
| Net loss attributable to Yimutian Inc | -46.6M CNY | -34.9M CNY | -105.6M CNY |
| Deemed dividend to Series C Redeemable Convertible Preferred Shareholders | -2.9M CNY | ||
| Deemed dividend to Series D Redeemable Convertible Preferred Shareholders | -915.0K CNY | ||
| Accretion of redeemable convertible preferred shares to redemption value | -88.3M CNY | -71.7M CNY | |
| Net loss attributable to ordinary shareholders of Yimutian Inc. | -46.6M CNY | -123.2M CNY | -181.1M CNY |
| Fair value changes of financial liabilities due to instrument-specific credit risk, net of nil income taxes | 781.0K CNY | ||
| Reclassification adjustment for gain on financial liabilities in net income, net of nil income taxes | 2.0M CNY | ||
| Foreign currency translation adjustment for parent company, net of nil income taxes | 1.5M CNY | -432.0K CNY | -24.3M CNY |
| Total comprehensive loss | -45.9M CNY | -35.4M CNY | -127.2M CNY |
| Basic | -0.03 CNY | -0.27 CNY | -0.45 CNY |
| Diluted | -0.03 CNY | -0.27 CNY | -0.45 CNY |
| Weighted average number of ordinary shares outstanding used in computing net loss per ordinary share - Basic | 1.3B shares | 460.1M shares | 400.2M shares |
| Weighted average number of ordinary shares outstanding used in computing net loss per ordinary share - Diluted | 1.3B shares | 460.1M shares | 400.2M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2025-04-30 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash | 109.5M CNY | 2.8M CNY | |||
| Accounts receivable, net | 945.0K CNY | 733.0K CNY | |||
| Amounts due from related parties | 3.4M CNY | 3.4M CNY | |||
| Prepayments and other current assets | 38.0M CNY | 40.0M CNY | |||
| Inventory | 2.3M CNY | 237.0K CNY | |||
| Total current assets | 154.1M CNY | 47.2M CNY | |||
| Property and equipment | 782.0K CNY | 1.1M CNY | |||
| Right-of-use assets | 3.6M CNY | 9.6M CNY | |||
| Other non-current assets | 2.6M CNY | 3.2M CNY | |||
| Total non-current assets | 7.0M CNY | 13.8M CNY | |||
| Total assets | 161.1M CNY | 61.0M CNY | |||
| Accounts payable | 5.2M CNY | 4.4M CNY | |||
| Contract liabilities, current | 75.7M CNY | 88.1M CNY | |||
| Bank loans | 17.4M CNY | 10.0M CNY | |||
| Convertible notes payable | 18.4M CNY | ||||
| Financial liabilities | 24.9M CNY | 21.0M CNY | |||
| Shareholder loans, at amortized cost | 66.4M CNY | 248.6M CNY | |||
| Accrued expenses and other current liabilities | 95.9M CNY | 89.2M CNY | |||
| Operating lease liabilities, current | 2.3M CNY | 5.0M CNY | |||
| Total current liabilities | 309.9M CNY | 479.4M CNY | |||
| Contract liabilities, non-current | 13.1M CNY | 12.2M CNY | |||
| Operating lease liabilities, non-current | 364.0K CNY | 4.0M CNY | |||
| Total non-current liabilities | 13.5M CNY | 16.3M CNY | |||
| Total liabilities | 323.3M CNY | 495.7M CNY | |||
| Total mezzanine equity | 1.3B CNY | ||||
| Additional paid in capital | 1.7B CNY | 47.0M CNY | |||
| Accumulated other comprehensive loss | -97.9M CNY | -99.4M CNY | |||
| Accumulated deficit | -1.8B CNY | -1.7B CNY | |||
| Total shareholders deficit attributable to ordinary shareholders of Yimutian Inc. | -191.4M CNY | -1.8B CNY | |||
| Non-controlling interests | 29.2M CNY | 30.2M CNY | |||
| Total shareholders deficit | -162.2M CNY | -1.7B CNY | -1.6B CNY | -1.5B CNY | |
| Total liabilities, mezzanine equity and shareholders deficit | 161.1M CNY | 61.0M CNY | |||
| Ordinary shares, par value | 0.00 CNY | ||||
| Ordinary shares, shares authorized | 20.0B shares |
| Period ending | 2025-12-31 | 2025-04-30 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash | 109.5M CNY | 2.8M CNY | |||
| Accounts receivable, net | 945.0K CNY | 733.0K CNY | |||
| Amounts due from related parties | 3.4M CNY | 3.4M CNY | |||
| Prepayments and other current assets | 38.0M CNY | 40.0M CNY | |||
| Inventory | 2.3M CNY | 237.0K CNY | |||
| Total current assets | 154.1M CNY | 47.2M CNY | |||
| Property and equipment | 782.0K CNY | 1.1M CNY | |||
| Right-of-use assets | 3.6M CNY | 9.6M CNY | |||
| Other non-current assets | 2.6M CNY | 3.2M CNY | |||
| Total non-current assets | 7.0M CNY | 13.8M CNY | |||
| Total assets | 161.1M CNY | 61.0M CNY | |||
| Accounts payable | 5.2M CNY | 4.4M CNY | |||
| Contract liabilities, current | 75.7M CNY | 88.1M CNY | |||
| Bank loans | 17.4M CNY | 10.0M CNY | |||
| Convertible notes payable | 18.4M CNY | ||||
| Financial liabilities | 24.9M CNY | 21.0M CNY | |||
| Shareholder loans, at amortized cost | 66.4M CNY | 248.6M CNY | |||
| Accrued expenses and other current liabilities | 95.9M CNY | 89.2M CNY | |||
| Operating lease liabilities, current | 2.3M CNY | 5.0M CNY | |||
| Total current liabilities | 309.9M CNY | 479.4M CNY | |||
| Contract liabilities, non-current | 13.1M CNY | 12.2M CNY | |||
| Operating lease liabilities, non-current | 364.0K CNY | 4.0M CNY | |||
| Total non-current liabilities | 13.5M CNY | 16.3M CNY | |||
| Total liabilities | 323.3M CNY | 495.7M CNY | |||
| Total mezzanine equity | 1.3B CNY | ||||
| Additional paid in capital | 1.7B CNY | 47.0M CNY | |||
| Accumulated other comprehensive loss | -97.9M CNY | -99.4M CNY | |||
| Accumulated deficit | -1.8B CNY | -1.7B CNY | |||
| Total shareholders deficit attributable to ordinary shareholders of Yimutian Inc. | -191.4M CNY | -1.8B CNY | |||
| Non-controlling interests | 29.2M CNY | 30.2M CNY | |||
| Total shareholders deficit | -162.2M CNY | -1.7B CNY | -1.6B CNY | -1.5B CNY | |
| Total liabilities, mezzanine equity and shareholders deficit | 161.1M CNY | 61.0M CNY | |||
| Ordinary shares, par value | 0.00 CNY | ||||
| Ordinary shares, shares authorized | 20.0B shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -47.4M CNY | -34.9M CNY | -105.6M CNY |
| Depreciation | 1.1M CNY | 1.5M CNY | 2.0M CNY |
| (Reversal) Allowance for credit losses | 362.0K CNY | 453.0K CNY | -3.1M CNY |
| Gain on waiver of liabilities | -3.1M CNY | ||
| Changes in fair value of financial instruments | 3.7M CNY | ||
| Interest expenses related to convertible note | 582.0K CNY | ||
| Redemption of non-controlling interest | -154.0K CNY | ||
| Share of loss (gain) of equity method investments | -38.0K CNY | 38.0K CNY | |
| Interest paid on financial liabilities at fair value | 4.5M CNY | ||
| Foreign exchange loss on financial liabilities at fair value | -559.0K CNY | ||
| Loss from derecognition of financial liabilities | 2.0M CNY | ||
| Loss (Gain) on disposal of property and equipment | 34.0K CNY | -16.0K CNY | 40.0K CNY |
| Share-based compensation expense | 51.4M CNY | ||
| Accounts receivable | -230.0K CNY | -871.0K CNY | 3.9M CNY |
| Prepayments and other current assets | 1.7M CNY | -5.5M CNY | 11.7M CNY |
| Other non-current assets | 587.0K CNY | 51.0K CNY | -1.7M CNY |
| Inventory | -2.1M CNY | -237.0K CNY | |
| Accounts payable | 815.0K CNY | 1.1M CNY | 455.0K CNY |
| Contract liabilities | -11.5M CNY | -12.0M CNY | 9.2M CNY |
| Accrued expenses and other current liabilities | 6.5M CNY | -11.0M CNY | 8.6M CNY |
| Operating lease liabilities | -366.0K CNY | 32.0K CNY | -555.0K CNY |
| Net cash used in operating activities | -49.2M CNY | -61.4M CNY | -18.0M CNY |
| Cash paid for purchase of property and equipment | -850.0K CNY | -351.0K CNY | -2.1M CNY |
| Cash paid for (proceeds from) long-term investments | 500.0K CNY | -1.2M CNY | |
| Net cash (used in) provided by investing activities | -850.0K CNY | 149.0K CNY | -3.2M CNY |
| Issuance of common stocks-cash | 116.0M CNY | ||
| Proceeds from short-term borrowings | 18.5M CNY | 10.0M CNY | |
| Repayment for short-term borrowings | -11.1M CNY | -2.0M CNY | |
| Proceeds from shareholder loans | 28.9M CNY | 28.3M CNY | 14.2M CNY |
| Repayment for shareholder loans | -8.7M CNY | -8.4M CNY | -7.2M CNY |
| Amounts due to related parties, net | -6.4M CNY | -8.5M CNY | 786.0K CNY |
| Loans provided to related parties | 7.9M CNY | 5.0M CNY | |
| Convertible notes payable | 18.1M CNY | ||
| Proceeds from Settlement of Series C Preferred Convertible notes payable | 995.0K CNY | 7.7M CNY | |
| Capital contribution from non-controlling interest | 30.0M CNY | ||
| Net cash provided by financing activities | 155.3M CNY | 60.4M CNY | 18.5M CNY |
| Effect of foreign currency exchange rate changes on cash and cash equivalents | 1.5M CNY | -135.0K CNY | -215.0K CNY |
| Net (decrease) increase in cash and cash equivalents | 106.7M CNY | -1.1M CNY | -2.9M CNY |
| Interest paid | 1.1M CNY | 964.0K CNY | 211.0K CNY |
| Recognition of right-of-use assets and operating lease liabilities | -366.0K CNY | 32.0K CNY | -555.0K CNY |
| Issuance of Series B Redeemable Convertible Preferred Shares upon conversion of financial liabilities (see Note 11) | 287.3M CNY |
No quarter-by-quarter statement was filed.
Corporate structure
Yimutian Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Yimutian Inc.
- Beijing Fengmu Enterprise Consulting Center (Limited Partnership) Filed SCHEDULE 13G on Yimutian Inc., latest Dec 5, 2025
- HSG Holding Ltd Filed SCHEDULE 13G on Yimutian Inc., latest Nov 14, 2025
- Yimutian Inc. Beijing, China
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Yimutian Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $1.2M2 Dec 31, 2025 | ||
| Accumulated depreciation | $1.1M2 Dec 31, 2025 | ||
| Property and equipment, net | $112.0K2 Dec 31, 2025 | ||
| Operating-lease assets (leased space) | $520.0K2 Dec 31, 2025 |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Deposits held (banks) | $13.3M2 Dec 31, 2025 |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $329.0K2 Dec 31, 2025 |
Leadership
Who has led Yimutian Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerJinhong Deng Mar 31, 2026 to now5
- Chief financial officerShijie Chen Mar 31, 2026 to now6
Board members and other officers (4)
- GM of Yimutian BusinessXu Deng Mar 31, 2026 to now7
- Board memberJinhong Deng Mar 31, 2026 to now5
- Board memberShijie Chen Mar 31, 2026 to now6
- Board memberZhijia Liu Mar 31, 2026 to now8
Timeline
- Mar 31, 2026New chief executive Jinhong Deng becomes CEO5
Filings
86 filings to the SEC since October 2021: 2 annual reports, 6 insider forms, 2 large holders, 76 other. The latest 20:
- Sep 28, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 24, 20266-K/A AMENDMENT NO. 1 TO FORM 6-K EDGAR
- Sep 24, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
- Sep 24, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 15, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
- Sep 15, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 8, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 2, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 26, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
- Aug 26, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 11, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 7, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 6, 2026F-6 POS EDGAR
- May 20, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
- May 20, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- May 18, 202620-F/A AMENDMENT NO. 1 TO FORM 20-F EDGAR
- May 15, 202620-F ANNUAL REPORT EDGAR
- May 1, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
- May 1, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 30, 2026NT 20-F NOTIFICATION OF LATE FILING EDGAR
The 86 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Beijing Fengmu Enterprise Consulting Center (Limited Partnership)SCHEDULE 13G, 1 filing Dec 5, 20259
- HSG Holding LtdSCHEDULE 13G, 1 filing Nov 14, 202510
SEC filer profile
How Yimutian Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARYimutian Inc.1
- CIK0001991605
- Filer statusNon-accelerated filer<br>emerging growth company1
- Incorporated inCayman Islands1
- Fiscal year endsDecember 311
- Industry code (SIC)7374 Services-Computer Processing & Data Preparation1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address6/F, Buidling B-6, Block A, No. 66 Xixiaokou Road, Haidian District, Beijing, F4 1001921
- Phone86 10 5708 65611
- On EDGAR sinceDec 22, 20231
- Filings86 in all: 6-K (21), CORRESP (10), 424B3 (9), 3 (6), UPLOAD (6), EFFECT (4), F-1 (4), F-1/A (3)1
All 26 form types
DRS (2), DRSLTR (2), F-6 POS (2), RW (2), SCHEDULE 13G (2), 20-F (1), 20-F/A (1), 424B4 (1), 6-K/A (1), 8-A12B (1), CERT (1), DRS/A (1), F-6 (1), F-6EF (1), FWP (1), NT 20-F (1), POS AM (1), S-8 (1)
- Latest filingsAnnual report (20-F) May 15, 2026
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARYimutian Inc. filings on SEC EDGAR
- 2SEC EDGARYimutian Inc. 10-K for fiscal 2025
- 3SEC EDGARYimutian Inc. filings on SEC EDGAR
- 4
- 5
- 6SEC EDGARShijie Chen, Chief financial officer
- 7SEC EDGARXu Deng, GM of Yimutian Business
- 8SEC EDGARZhijia Liu, Board member
- 9
- 10