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About

111, Inc., together with its subsidiaries, operates an integrated online and offline platform in the healthcare market in the People's Republic of China. It operates through two segments, B2C and B2B. The company offers supply chain integration services that help pharmaceutical companies manage products through online and offline channels; product promotion, customer analytics, patient education, and brand awareness services; and marketing and channel data services. It also provides 1 Pharmacy online wholesale pharmacy that offers pharmaceutical and other health and wellness products; and 1 Medicine Marketplace online retail pharmacy that provides pharmaceutical products and other merchandise. In addition, the company offers online loan application services; cloud-based inventory management services; smart procurement services, which collect pharmacies' historical purchase orders and inventory data; and Hawkeye automated salesforce tool, as well as online consultation, e-prescription, and data services. Further, its pharmacies provide drugs, including prescription and over-the-counter drugs comprising Western and Chinese medicines; nutritional supplements, such as vitamins and dietary products; contact lenses; medical supplies and devices that consists of bandages and thermometers; and personal care products that include skin care, birth control, sexual wellness, and baby products. Additionally, the company offers research and development, and consulting services; warehousing, procurement, and logistics services; and software development and information technology support services. It serves pharmacies, pharmaceutical companies, medical professionals, and marketplace sellers. The company was formerly known as New Peak Group and changed its name to 111, Inc. in April 2018. 111, Inc. was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Distribution Market Cap 57.64M
Enterprise Value 1.81B Income -70.01M Sales 13.58B
Book/sh -11.36 Cash/sh 2.83 Dividend Yield
Payout 0.00% Employees 1238 IPO
P/E Forward P/E 47.50 PEG
P/S 0.00 P/B -0.59 P/C
EV/EBITDA 453.38 EV/Sales 0.13 Quick Ratio 0.38
Current Ratio 1.07 Debt/Eq 93.56 LT Debt/Eq
EPS (ttm) -2.84 EPS next Y 0.14 EPS Growth
Revenue Growth -16.70% Earnings 2026-03-19 ROA -0.21%
ROE -10.86% ROIC Gross Margin 2.84%
Oper. Margin -0.08% Profit Margin -0.51% Shs Outstand 5.07M
Shs Float 90.60M Short Float 0.53% Short Ratio 0.28
Short Interest 52W High 11.35 52W Low 2.48
Beta 0.64 Avg Volume 47.41K Volume 14.59K
Target Price Recom None Prev Close $6.84
Price $6.65 Change -2.78%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$6.65
Latest analyst target
3. DCF / Fair value
$-80.22
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.65
Low
High
Mean
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-227.25K0.000.000.00
TaxRateForCalcs0.250.000.000.00
NormalizedEBITDA25.53M-311.87M-313.93M-590.25M
TotalUnusualItems-909.00K610.00K-7.88M1.94M
TotalUnusualItemsExcludingGoodwill-909.00K610.00K-7.88M1.94M
NetIncomeFromContinuingOperationNetMinorityInterest-64.74M-392.69M-416.88M-669.81M
ReconciledDepreciation16.97M21.78M40.82M27.22M
ReconciledCostOfRevenue13.57B14.10B12.68B11.80B
EBITDA24.62M-311.26M-321.81M-588.32M
EBIT7.65M-333.04M-362.63M-615.54M
NetInterestIncome-21.29M-11.31M-5.33M4.29M
InterestExpense28.33M20.14M13.44M5.49M
InterestIncome7.04M8.83M8.12M9.78M
NormalizedIncome-64.06M-393.30M-409.00M-671.75M
NetIncomeFromContinuingAndDiscontinuedOperation-64.74M-392.69M-416.88M-669.81M
TotalExpenses14.40B15.30B13.89B13.07B
TotalOperatingIncomeAsReported2.11M-350.10M-371.00M-642.14M
DilutedAverageShares8.59M8.43M8.33M8.29M
BasicAverageShares8.59M8.43M8.33M8.29M
DilutedEPS-7.60-46.60-50.00-80.80
BasicEPS-7.60-46.60-50.00-80.80
DilutedNIAvailtoComStockholders-64.74M-392.69M-416.88M-669.81M
NetIncomeCommonStockholders-64.74M-392.69M-416.88M-669.81M
NetIncome-64.74M-392.69M-416.88M-669.81M
MinorityInterests-43.97M-39.26M-40.81M-48.78M
NetIncomeIncludingNoncontrollingInterests-20.78M-353.43M-376.07M-621.02M
NetIncomeContinuousOperations-20.78M-353.43M-376.07M-621.02M
TaxProvision96.00K251.00K0.000.00
PretaxIncome-20.68M-353.18M-376.07M-621.02M
OtherIncomeExpense-1.50M8.22M257.00K16.83M
OtherNonOperatingIncomeExpenses-595.00K7.61M8.13M14.89M
GainOnSaleOfSecurity-909.00K610.00K-7.88M1.94M
NetNonOperatingInterestIncomeExpense-21.29M-11.31M-5.33M4.29M
InterestExpenseNonOperating28.33M20.14M13.44M5.49M
InterestIncomeNonOperating7.04M8.83M8.12M9.78M
OperatingIncome2.11M-350.10M-371.00M-642.14M
OperatingExpense827.12M1.20B1.21B1.26B
OtherOperatingExpenses442.31M526.49M547.47M543.11M
SellingGeneralAndAdministration384.80M672.59M663.50M720.13M
SellingAndMarketingExpense313.90M448.39M457.88M513.15M
GeneralAndAdministrativeExpense70.91M224.20M205.62M206.98M
OtherGandA70.91M224.20M205.62M206.98M
GrossProfit829.23M848.98M839.98M621.10M
CostOfRevenue13.57B14.10B12.68B11.80B
TotalRevenue14.40B14.95B13.52B12.43B
OperatingRevenue14.40B14.95B13.52B12.43B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber333.00K333.00K2.33M2.33M
OrdinarySharesNumber172.88M171.04M167.03M166.15M
ShareIssued173.21M171.38M169.37M168.48M
TotalDebt256.77M443.23M344.19M491.01M
TangibleBookValue-644.08M-585.71M-417.87M-178.23M
InvestedCapital-481.66M-245.38M-235.61M86.34M
WorkingCapital307.08M188.27M510.71M671.76M
NetTangibleAssets-644.08M-585.71M-417.87M-178.23M
CapitalLeaseObligations95.79M105.15M165.20M231.35M
CommonStockEquity-642.64M-583.45M-414.60M-173.32M
TotalCapitalization-642.64M-583.45M-414.60M-173.32M
TotalEquityGrossMinorityInterest380.76M276.10M648.24M848.70M
MinorityInterest1.02B859.55M1.06B1.02B
StockholdersEquity-642.64M-583.45M-414.60M-173.32M
GainsLossesNotAffectingRetainedEarnings74.36M72.51M75.59M59.37M
OtherEquityAdjustments74.36M72.51M75.59M59.37M
TreasuryStock5.89M5.89M40.86M40.86M
RetainedEarnings-3.88B-3.82B-3.43B-3.01B
AdditionalPaidInCapital3.17B3.17B2.98B2.82B
CapitalStock58.00K57.00K56.00K56.00K
CommonStock58.00K57.00K56.00K56.00K
TotalLiabilitiesNetMinorityInterest2.41B2.81B2.83B2.30B
TotalNonCurrentLiabilitiesNetMinorityInterest64.41M67.87M100.47M167.15M
OtherNonCurrentLiabilities8.96M5.25M1.54M
LongTermDebtAndCapitalLeaseObligation55.45M62.62M100.47M165.61M
LongTermCapitalLeaseObligation55.45M62.62M100.47M165.61M
CurrentLiabilities2.34B2.75B2.73B2.13B
OtherCurrentLiabilities90.50M218.40M190.54M69.29M
CurrentDeferredLiabilities185.87M153.50M323.57M202.56M
CurrentDeferredRevenue185.87M153.50M323.57M202.56M
CurrentDebtAndCapitalLeaseObligation201.32M380.61M243.72M325.40M
CurrentCapitalLeaseObligation40.34M42.53M64.73M65.74M
CurrentDebt160.98M338.07M178.99M259.66M
LineOfCredit160.98M338.07M178.99M259.66M
PayablesAndAccruedExpenses1.86B1.99B1.97B1.53B
CurrentAccruedExpenses57.84M78.14M80.00M51.19M
Payables1.81B1.91B1.89B1.48B
OtherPayable81.40M318.77M84.69M123.25M
TotalTaxPayable4.22M6.95M37.73M10.94M
AccountsPayable1.72B1.59B1.76B1.35B
TotalAssets2.79B3.09B3.47B3.15B
TotalNonCurrentAssets138.09M155.71M237.99M344.10M
OtherNonCurrentAssets14.68M13.31M20.35M22.09M
InvestmentsAndAdvances0.002.00M2.00M3.00M
GoodwillAndOtherIntangibleAssets1.44M2.26M3.27M4.91M
NetPPE121.97M138.14M212.37M314.10M
AccumulatedDepreciation-79.20M-135.64M-117.40M-84.23M
GrossPPE201.17M273.78M329.77M398.33M
Leases91.91M
ConstructionInProgress0.00
OtherProperties201.17M273.78M165.90M398.33M
MachineryFurnitureEquipment36.57M
BuildingsAndImprovements89.07M103.80M163.88M
Properties0.000.000.000.00
CurrentAssets2.65B2.93B3.24B2.80B
OtherCurrentAssets6.78M9.40M7.51M5.96M
RestrictedCash56.04M20.02M43.12M99.28M
PrepaidAssets106.43M54.33M86.40M66.44M
Inventory1.39B1.42B1.50B1.12B
FinishedGoods1.39B1.42B1.50B1.12B
Receivables630.72M776.51M720.36M665.00M
OtherReceivables82.96M107.81M136.52M77.69M
TaxesReceivable55.84M54.28M51.63M92.11M
NotesReceivable78.83M77.60M43.33M90.73M
AccountsReceivable413.10M536.82M488.88M404.47M
AllowanceForDoubtfulAccountsReceivable-3.22M-4.28M-3.63M-1.15M
GrossAccountsReceivable416.32M541.11M492.50M405.62M
CashCashEquivalentsAndShortTermInvestments462.29M653.67M879.53M843.95M
OtherShortTermInvestments0.0050.14M205.86M182.56M
CashAndCashEquivalents462.29M603.52M673.67M661.39M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow247.82M-457.07M-54.84M-751.53M
RepurchaseOfCapitalStock0.000.00-5.89M
RepaymentOfDebt-615.96M-750.13M-868.82M-376.43M
IssuanceOfDebt438.86M919.63M788.15M406.84M
IssuanceOfCapitalStock14.00K223.00K274.00K2.92M
CapitalExpenditure-15.20M-9.82M-31.69M-62.69M
InterestPaidSupplementalData6.16M10.42M9.55M5.62M
IncomeTaxPaidSupplementalData96.00K251.00K0.000.00
EndCashPosition518.33M623.55M716.79M760.67M
BeginningCashPosition623.55M716.79M760.67M1.32B
EffectOfExchangeRateChanges628.00K-3.72M3.71M-3.50M
ChangesInCash-105.84M-89.52M-47.59M-554.36M
FinancingCashFlow-406.24M205.98M22.73M74.34M
CashFlowFromContinuingFinancingActivities-406.24M205.98M22.73M74.34M
NetOtherFinancingCharges-229.16M36.25M103.13M46.90M
NetCommonStockIssuance14.00K223.00K274.00K-2.97M
CommonStockPayments0.000.00-5.89M
CommonStockIssuance14.00K223.00K274.00K2.92M
NetIssuancePaymentsOfDebt-177.09M169.51M-80.67M30.41M
NetShortTermDebtIssuance-177.09M169.51M-80.67M30.41M
ShortTermDebtPayments-615.96M-750.13M-868.82M-376.43M
ShortTermDebtIssuance438.86M919.63M788.15M406.84M
NetLongTermDebtIssuance41.94M
LongTermDebtIssuance41.94M
InvestingCashFlow37.38M151.74M-47.17M60.14M
CashFlowFromContinuingInvestingActivities37.38M151.74M-47.17M60.14M
NetInvestmentPurchaseAndSale52.12M159.92M-13.71M122.51M
SaleOfInvestment512.12M1.07B1.26B1.96B
PurchaseOfInvestment-460.00M-914.33M-1.27B-1.84B
NetBusinessPurchaseAndSale0.000.00-2.96M0.00
PurchaseOfBusiness0.000.00-2.96M0.00
NetIntangiblesPurchaseAndSale0.00-3.00K-114.00K-100.00K
PurchaseOfIntangibles0.00-3.00K-114.00K-100.00K
NetPPEPurchaseAndSale-14.74M-8.17M-30.39M-62.28M
SaleOfPPE458.00K1.65M1.19M316.00K
PurchaseOfPPE-15.20M-9.82M-31.57M-62.59M
OperatingCashFlow263.02M-447.24M-23.15M-688.84M
CashFlowFromContinuingOperatingActivities263.02M-447.24M-23.15M-688.84M
ChangeInWorkingCapital192.66M-424.33M44.46M-369.87M
ChangeInOtherWorkingCapital3.71M5.25M-1.54M-2.20M
ChangeInOtherCurrentLiabilities-34.08M-62.50M-65.52M-93.75M
ChangeInOtherCurrentAssets-1.37M7.04M1.74M-17.02M
ChangeInPayablesAndAccruedExpense100.53M-406.71M595.14M394.92M
ChangeInAccruedExpense-32.20M-229.97M177.64M120.92M
ChangeInPayable132.73M-176.74M417.50M274.00M
ChangeInAccountPayable132.73M-176.74M417.50M274.00M
ChangeInPrepaidAssets-26.21M57.16M-39.49M69.28M
ChangeInInventory28.11M59.59M-406.29M-400.55M
ChangeInReceivables121.97M-84.16M-39.58M-320.55M
ChangesInAccountReceivables123.20M-49.90M-86.98M-242.40M
OtherNonCashItems48.50M62.61M69.32M89.78M
StockBasedCompensation20.15M226.69M162.07M145.59M
ProvisionandWriteOffofAssets519.00K1.95M2.69M1.34M
AssetImpairmentCharge3.89M19.91M28.50M45.98M
DepreciationAmortizationDepletion16.97M21.78M40.82M27.22M
DepreciationAndAmortization16.97M21.78M40.82M27.22M
AmortizationCashFlow815.00K1.01M1.74M
AmortizationOfIntangibles815.00K1.01M1.74M
Depreciation16.15M20.77M39.08M
OperatingGainsLosses1.11M-2.42M5.05M-7.85M
EarningsLossesFromEquityInvestments664.83M
GainLossOnInvestmentSecurities170.00K-4.03M-4.21M-7.80M
NetForeignCurrencyExchangeGainLoss910.00K610.00K7.88M0.00
GainLossOnSaleOfPPE31.00K992.00K1.39M-52.00K
NetIncomeFromContinuingOperations-20.78M-353.43M-376.07M-621.02M
SEC Filings

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