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Nasdaq · Consumer Staples

111, Inc. (YI)

As-reported financials and SEC filings for 111, Inc. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About 111, Inc.

111, Inc. operates an online retail pharmacy platform in China, providing pharmaceutical products and related services. The company owns and manages a network of pharmacies and subsidiaries that supply medications and healthcare products to customers across the country. It serves individual consumers and pharmacy partners through its e-commerce and membership programs.

Snapshot

Revenue
$1.80B
Revenue growth (YoY)
-9.0%
Net income
$-3.2M
Diluted EPS
$-0.05
Gross margin
5.8%
Operating margin
-0.0%
Net margin
-0.2%
FCF margin
0.9%
ROE
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$29.0M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at 111

  • Revenue fell 9.0% to $1.8B in FY2025, after a 6.3% decline the year before.
  • Operating margin is -0.0% in FY2025, +5.1 pp against -5.2% in FY2021.
  • Free cash flow was $16M in FY2025, 0.9% of revenue.
  • Net loss widened to $3M in FY2025, from $3M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where 111’s fundamentals sit among the 113 Consumer Staples companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin5.8%
4th percentile of 97
Operating margin-0.0%
32nd percentile of 100
Net margin-0.2%
30th percentile of 105
FCF margin0.9%
35th percentile of 99
Revenue growth (YoY)-9.0%
16th percentile of 110
Short interest1.36d
18th percentile of 111

111’s gross margin of 5.8% ranks in the 4th percentile of the 97 Consumer Staples companies reporting it.

No reported insider purchases (code P) in the last 90 days; 11 insider sales totaling $170,703. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+2 quant / multi-strat
Initiated / added
1
1 new, 0 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$131,298
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$75,25117.3KNew
Renaissance TechnologiesquantQ2 2026$56,04712.9KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
11
$171K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-15
filed 2026-06-16
Sun Jian DavidDirectorSell58.8K$0.23$14K
2026-06-15
filed 2026-06-16
Chen Yang LukeDirectorSell44.0K$0.23$10K
2026-06-12
filed 2026-06-16
Chen Yang LukeDirectorSell49.9K$0.23$11K
2026-06-11
filed 2026-06-16
Sun Jian DavidDirectorSell111.1K$0.23$26K
2026-06-11
filed 2026-06-12
Sun Jian DavidDirectorSell111.1K$0.23$26K
2026-06-10
filed 2026-06-16
Sun Jian DavidDirectorSell115.4K$0.22$25K
2026-06-10
filed 2026-06-12
Sun Jian DavidDirectorSell115.4K$0.22$25K
2026-06-10
filed 2026-06-11
Sun Jian DavidDirectorSell115.4K$0.22$25K
2026-06-09
filed 2026-06-16
Sun Jian DavidDirectorSell12.0K$0.23$3K
2026-06-09
filed 2026-06-12
Sun Jian DavidDirectorSell12.0K$0.23$3K
2026-06-09
filed 2026-06-11
Sun Jian DavidDirectorSell12.0K$0.23$3K
2026-05-27
filed 2026-06-16
Sun Jian DavidDirectorSell70.4K$0.25$18K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.4K
settled 2026-08-14
Change vs prior
-23.1%
vs previous settlement
Days to cover
1.36
at avg daily volume
Avg daily volume
4.7K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-146.4K-23.1%1.36
2026-07-318.3K-11.6%3.59
2026-07-159.4K+107.5%1.00
2026-06-304.5K-13.3%1.00
2026-06-155.2K-13.4%1.00
2026-05-296.0K-57.5%1.00
2026-05-1514.1K+2.3%1.00
2026-04-3013.8K-45.1%1.18

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.80B$1.97B$2.11B$1.96B$1.95B
Gross profit$103.4M$113.6M$119.6M$121.8M$97.5M
Operating income$-340,000$289,000$-49.3M$-53.8M$-100.8M
Net income$-3.2M$-2.8M$-49.8M$-54.5M$-97.5M
Diluted EPS$-0.05$-0.05$-0.33$-0.36$-0.63

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$73.1M$63.3M$85.0M$97.7M$103.8M
Current assets$303.9M$363.0M$413.1M$469.2M$439.7M
Total assets$314.6M$381.9M$435.1M$503.7M$493.6M
Current liabilities$279.4M$320.9M$386.6M$395.1M$334.2M
Long-term debt
Total liabilities$284.0M$329.8M$396.2M$409.7M$360.5M
Total equity$-100.4M$-88.0M$-82.2M$-59.3M$-23.9M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$17.0M$36.0M$-63.0M$-3.4M$-108.1M
Capital expenditure$636,000$2.1M$1.4M$4.6M$9.8M
Free cash flow$16.4M$34.0M$-64.4M$-7.9M$-117.9M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Company facts

ExchangeNasdaq
SectorConsumer Staples
SIC industryRetail-Drug Stores and Proprietary Stores
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2018
SEC CIK1738906

Selected SEC filings

20-F2026-04-30
View on EDGAR →
20-F/A2025-08-29
View on EDGAR →
6-K2026-06-04
View on EDGAR →
6-K2026-04-09
View on EDGAR →
6-K2025-12-17
View on EDGAR →
6-K2025-09-17
View on EDGAR →

Largest Consumer Staples peers

All Consumer Staples companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.