Lei Di Network Lei Jianping reported on August 25
Social e-commerce platform Yunji (Nasdaq: YJ) released its financial report today. The financial report shows that Yunji’s total revenue in the second quarter of 2022 was 284.0 million yuan, a 50% decrease from 570.7 million yuan in the same period last year.
Since 2019, Yunji’s revenue has been declining year-on-year, and its revenue reached 4.466 billion yuan at its peak in the fourth quarter of 2018.
As of June 30, 2022, Yunji’s repurchase rate was 79%.
Yunji Q2 costs and expenses were 325 million yuan, a year-on-year decrease of 42%
Yunji’s costs and expenses in the second quarter of 2022 were 325 million yuan, a 42% decrease from 557 million yuan in the same period last year.
Yunji’s cost in the second quarter of 2022 was 167 million yuan, a decrease of 54.5% from 370 million yuan in the same period last year.
Yunji's overall operating expenses in the second quarter of 2022 were 156.6 million yuan, a decrease of 16.2% from 186.9 million yuan in the same period last year.
Among them, Yunji’s contract fulfillment expenses in the second quarter of 2022 were 43.1 million yuan, a decrease of 14.1% from 50.1 million yuan in the same period last year; sales and marketing expenses were 58.2 million yuan, a decrease of 5.3% from 61.5 million yuan in the same period last year;
Yunji's technology and content expenses in the second quarter of 2022 were 23.6 million yuan, a decrease of 27.1% from 32.4 million yuan in the same period last year; general and administrative expenses were 31.7 million yuan, a decrease of 26.1% from 42.9 million yuan in the same period last year.
Yunji Q2 operating loss was 30 million yuan. The operating profit margin was -10.6%
Yunji had an operating loss of 30 million yuan in the second quarter of 2022, compared with an operating profit of 16 million yuan in the same period last year; Yunji's operating profit margin in the second quarter of 2022 was -10.6 %.
Yunji’s Q2 adjusted net loss was 17.1 million yuan
Yunji’s net loss in the second quarter of 2022 was 25 million yuan, and its net profit in the same period last year was 17 million yuan; not according to U.S. GAAP, the adjusted net loss was 17.1 million yuan ( (approximately US$2.6 million), compared with a net profit of US$23.9 million in the same period last year.
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Lei Di was founded by Lei Jianping, a senior media person. If you reprint, please indicate the source.
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