AIJTYOTCServices-Computer Programming, Data Processing, Etc.
Jianpu Technology Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 24, 2026
$0.96−0.04 (-4.48%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2014 to 2025
Gross margin
33.2%−46.6 pts over 5 years
Operating margin
2.2%+57.2 pts over 5 years
Net margin
3.3%+55.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -2.7% | -0.4% | +10.8% | – | |
| Gross profit | -11.6% | +15.2% | -7.0% | – | |
| Operating income | -57.5% | – | – | – | |
| Net income | -69.8% | – | – | – | |
| EPS, diluted | -69.2% | – | – | – | |
| Free cash flow | +45.2% | – | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -933.0% | -34.5% | 7.9% | |
| Return on assets | – | -19.8% | 4.1% | |
| Current ratio | – | 1.94 | 1.63 | |
| Capex to revenue | – | 0.7% | 0.0% | |
| Diluted shares | – | 423M | 409M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Jianpu Technology generated CN¥638.89M from operations and spent CN¥282.11M on capital expenditure, dividends and share buybacks. 5% of that went back into the business.
Generated
CN¥638.89M
Used
CN¥282.11M
Capital expenditureCN¥14.52M5%DividendsCN¥256.32M91%Share buybacksCN¥11.27M4%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.3%
×Asset turnover1.24×
×Equity multiplier1.94×
=Return on equity, FY20257.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.3% | 1.24× | 1.94× | 7.9% |
| FY2024 | 10.5% | 1.04× | 2.07× | 22.6% |
| FY2023 | -2.5% | 1.13× | 2.24× | -6.3% |
| FY2022 | -12.6% | 0.97× | 2.18× | -26.7% |
| FY2021 | -24.8% | 0.65× | 2.06× | -33.2% |
| FY2020 | -51.9% | 0.38× | 1.74× | -34.5% |
| FY2019 | -31.5% | 0.70× | 1.55× | -34.1% |
| FY2018 | -8.6% | 0.88× | 1.39× | -10.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zeroCN¥32.09M
- Cash generatingOperating cash flow above zeroCN¥105.68M
- Return on assets improvedROA up on the prior year11.4% → 3.2%
- Earnings backed by cashOperating cash flow above net incomeCN¥105.68M vs CN¥32.09M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.89 → 1.63
- No dilutionShare count did not rise410M → 409M
- Gross margin improvedGross margin up on the prior year36.58% → 33.22%
- More efficientAsset turnover rose1.08 → 0.97