YMMNYSEServices-Prepackaged SoftwareFiscal year ends December 31

Full Truck Alliance Co. Ltd.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 14, 2026

$8.83+0.08 (+0.91%)

Close on Oct 19, 2026

Full Truck Alliance Co. Ltd. cash flow statement

Millions of CNY, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31
Depreciation & Amortization	100	78	75	88	67	64	71
Stock-Based Compensation	282	497	442	919	3,629	3,254	456
Deferred Income Taxes	-175	43	-121	-35	-13	-13	-24
Change in Accounts Receivable	-53	3.81	-10	14	19	-16	-6.45
Change in Accounts Payable	2.80	6.01	-2.73	-1.43	5.31	5.86	-18
Operating Cash Flow	4,627	2,970	2,270	-16	-211	575	-924
Capital Expenditures	-130	-75	-100	-86	-43	-53	-10
Acquisitions	150	0	0	-77	-242	-18	0
Sale of Property, Plant & Equipment	0.10	0.68	1.40	0.74	7.16	21	2.07
Purchase of Investments	-18,931	-14,442	-20,879	-84,600	-23,340	-9,377	-6,341
Investing Cash Flow	-2,717	-2,420	554	2,131	-14,399	-2,691	-3,391
Dividends Paid	-1,425	-1,064	0	0	–	–	–
Share Repurchases	-35	0	-180	0	0	–	–
Financing Cash Flow	-1,656	-1,520	-1,167	-1,330	8,902	8,324	1,693
Foreign Exchange Rate Adjustments	-38	24	19	72	-88	-128	20
Net Change in Cash	216	-946	1,675	857	-5,797	6,081	-2,602
Free Cash Flow	4,497	2,895	2,169	-101	-255	522	-934
Income Taxes Paid	1,018	109	125	110	50	16	5.25
Interest Paid	–	–	–	0.18	0.07	9.05	40

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 63.0%
Operating margin: 33.2%
Net margin: 35.7%
Return on equity, FY2025: –

Financial strength

Current ratio: 8.09
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 212.8%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.