v3.26.1
Consolidated Balance Sheets
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Current assets:      
Cash and cash equivalents (including amounts of the consolidated VIEs of RMB7,596,708 and RMB8,445,208 (US$1,207,649) as of December 31, 2024 and 2025, respectively) ¥ 9,580,367 $ 1,369,974 ¥ 7,651,695
Accounts receivable, net (including amounts of the consolidated VIEs of RMB8,374,608 and RMB18,440,482 (US$2,636,954) as of December 31, 2024 and 2025, respectively) 18,440,482 2,636,954 8,374,608
Accounts receivable - a related party (including amounts of the consolidated VIEs of RMB424,259 and RMB831,436 (US$118,894) as of December 31, 2024 and 2025, respectively) 831,436 118,894 424,259
Inventories (including amounts of the consolidated VIEs of RMB9,165,973 and RMB8,280,145 (US$1,184,045) as of December 31, 2024 and 2025, respectively) 8,280,145 1,184,045 9,165,973
Other receivables, net (including amounts of the consolidated VIEs of RMB5,318,724 and RMB5,824,886 (US$832,948) as of December 31, 2024 and 2025, respectively) 63,517,961 9,082,948 5,318,724
Advances to suppliers (including amounts of the consolidated VIEs of RMB929,167 and RMB679,196 (US$97,124) as of December 31, 2024 and 2025, respectively) 679,196 97,124 929,167
Total current assets 104,966,626 15,010,029 37,497,413
Property and equipment, net (including amounts of the consolidated VIEs of RMB461,362 and RMB1,246,568 (US$178,257) as of December 31, 2024 and 2025, respectively) 1,246,568 178,257 461,362
Other non-current assets (including amounts of the consolidated VIEs of RMB831,132 and RMB1,344,232 (US$192,223) as of December 31, 2024 and 2025, respectively) 1,344,232 192,223 831,132
Deferred offering costs (including amounts of the consolidated VIEs of RMB7,437,679 and nil as of December 31, 2024 and 2025, respectively) 7,437,679
Total non-current assets 2,590,800 370,480 8,730,173
Total assets 107,557,426 15,380,509 46,227,586
Accounts payable 44,813,902 6,408,303 25,320,486
Short-term bank loans 53,000,000 7,578,899 34,958,333
Loans from related parties, current (including amounts of the consolidated VIEs of RMB13,821,875 and RMB15,198,309 (US$2,173,329) as of December 31, 2024 and 2025, respectively) 15,198,309 2,173,329 13,821,875
Amount due to related parties 2,080,556
Total current liabilities 218,168,136 31,197,632 179,145,471
Long-term bank loans, noncurrent (including amounts of the consolidated VIEs of RMB8,400,000 and RMB11,000,000 (US$1,572,979) as of December 31, 2024 and 2025, respectively) 11,000,000 1,572,979 8,400,000
Operating lease liabilities, noncurrent (including amounts of the consolidated VIEs of RMB1,672,218 and RMB1,294,510 (US$185,112) as of December 31, 2024 and 2025, respectively) 1,294,510 185,112 1,672,218
Total non-current liabilities 370,685,951 53,007,385 366,763,077
Total liabilities 588,854,087 84,205,017 545,908,548
Commitments and contingencies
Mezzanine equity      
Convertible redeemable preferred shares (US$0.0001 par value; 12,597,228 shares authorized, 12,597,228 shares and nil issued and outstanding as of December 31, 2024 and 2025, respectively) 1,595,051,558
Redeemable non-controlling interests 168,671,234
Total mezzanine equity 1,763,722,792
Deficit      
Subscription receivable (2,186) (313) (1,608)
Additional paid-in capital 2,023,765,569 289,394,627
Accumulated deficit (2,476,000,000) (354,063,090) (2,263,419,477)
Accumulated other comprehensive (loss) (1,752,460) (250,598) (5,231)
Total Pomdoctor Limited’s shareholders’ deficit (453,971,266) (64,917,028) (2,263,421,920)
Noncontrolling interests (27,325,395) (3,907,480) 18,166
Total deficit (481,296,661) (68,824,508) (2,263,403,754)
Total liabilities, mezzanine equity and deficit 107,557,426 15,380,509 46,227,586
Operating lease liabilities, current (including amounts of the consolidated VIEs of RMB1,388,863 and RMB1,545,002 (US$220,932) as of December 31, 2024 and 2025, respectively) 1,545,002 220,932 1,388,863
Long-term bank loans, current (including amounts of the consolidated VIEs of RMB300,000 and RMB3,700,000 (US$529,093) as of December 31, 2024 and 2025, respectively) 3,700,000 529,093 300,000
Long-term loans, current 10,000,000 1,429,981 10,000,000
Salary and welfare payable (including amounts of the consolidated VIEs of RMB15,375,537 and RMB14,477,975 (US$2,070,323) as of December 31, 2024 and 2025, respectively) 14,477,975 2,070,323 15,375,537
Advance from customers (including amounts of the consolidated VIEs of RMB1,756,046 and RMB1,591,131 (US$227,529) as of December 31, 2024 and 2025, respectively) 1,591,131 227,529 1,756,046
Value added tax (“VAT”) and other tax payable (including amounts of the consolidated VIEs of RMB815,462 and RMB658,492 (US$94,163) as of December 31, 2024 and 2025, respectively) 658,983 94,233 815,462
Other payables (including amounts of the consolidated VIEs of RMB12,888,550 and RMB11,817,179 (US$1,689,838) as of December 31, 2024 and 2025, respectively) 11,817,379 1,689,865 12,888,750
Accrued liabilities (including amounts of the consolidated VIEs of RMB9,712,966 and RMB14,231,003 (US$2,035,006) as of December 31, 2024 and 2025, respectively) 14,580,658 2,085,008 9,712,966
Class A Ordinary Shares      
Deficit      
Ordinary shares, value 14,997 2,145 2,988
Class B Ordinary Shares      
Deficit      
Ordinary shares, value 1,408 201 1,408
Related Party      
Current assets:      
Amount due from related parties (including amounts of the consolidated VIEs of RMB6,070,945 and RMB3,637,039 (US$520,090) as of December 31, 2024 and 2025, respectively) 3,637,039 520,090 5,632,987
Accounts payable 7,296 1,043 25,891
Amount due to related parties 45,966,864 6,573,174 36,829,010
Long-term loans from third parties 356,390,859 50,963,215 356,690,859
Third Parties      
Current assets:      
Short-term bank loans 610,637 87,320 11,551,614
Long-term loans from third parties 2,000,582 286,079
Deficit      
Long-term loans, current ¥ 200,000 $ 28,600 ¥ 2,320,082