v3.26.1
Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Current assets      
Cash and cash equivalents ¥ 144,219 $ 20,623 ¥ 126,531
Accounts receivables, net 342,783 49,017 287,860
Prepayments and other receivables, net 448,083 64,075 248,494
Inventories, net 2,086 298 3,704
Total current assets 937,171 134,013 666,589
Property and equipment 61,864 8,846 147,303
Right-of-use assets 37,048 5,298 43,156
Intangible assets 8,361 1,196 9,986
Long-term investment 96,738 13,833
Deferred tax assets 23,369 3,342 28,147
Other non-current assets 78,305 11,198 13,182
Total non-current assets 305,685 43,713 241,774
Total assets 1,242,856 177,726 908,363
Current liabilities      
Contract liabilities 34,640 4,953 19,991
Trade payables 74,485 10,651 70,690
Other payables and accruals 212,849 30,437 141,888
Short-term borrowings 126,054 18,025 45,893
Lease liabilities 6,793 971 9,401
Tax payable 9,300 1,330 2,182
Total current liabilities 464,121 66,367 290,045
Lease liabilities-non current 25,491 3,645 27,902
Long-term borrowings 1,474
Total non-current liabilities 25,491 3,645 29,376
Total liabilities 489,612 70,012 319,421
Commitments and Contingencies
SHAREHOLDERS’ EQUITY      
Ordinary shares (US$0.0001 par value; 500,000,000 shares authorized as at December 31, 2024 and December 31, 2025; 70,000,000 shares and 76,048,501 shares issued and outstanding as at December 31, 2024 and December 31, 2025, respectively)* [1] 55 8 51
Treasury shares (31) (4) (31)
Additional paid-in capital 1,303,581 186,410 1,181,993
Statutory surplus reserve 10,531 1,506 9,367
Accumulated losses (579,876) (82,921) (621,794)
Total Youlife Group Inc. shareholders’ equity 734,260 104,999 569,586
Non-controlling interests 18,984 2,715 19,356
Total shareholders’ equity 753,244 107,714 588,942
Total liabilities, mezzanine equity and shareholders’ equity ¥ 1,242,856 $ 177,726 ¥ 908,363
[1] On July 9, 2025, the Company consummated a business combination with Distoken Acquisition Corporation. In connection therewith, the Company amended its memorandum and articles of association to increase the authorized share capital to 500,000,000 ordinary shares, comprising 400,000,000 Class A ordinary shares and 100,000,000 Class B ordinary shares, par value US$0.0001 each. Upon consummation of the Business Combination, all preferred shares were converted into Class A ordinary shares, and the share capital structure has been retroactively adjusted.