Company data sheet · 111
111: ten lost years, and the economy wasn't the reason.
- Industry
- Drug Stores and Proprietary Stores
- Headquarters
- China
- Ticker
- YI (Nasdaq)
- Sources
- SEC filings (2018–2026), Stratrix's verified Decision Cases, market data and official economic statistics for China
- Data as of
- October 18, 2026
- From profit to ten straight losses. 111 lost money every year from 2016 to 2025: CN¥3.4 billion in all.
- It outgrew its own economy many times over. Revenue rose from CN¥0.9 billion in 2016 to CN¥12.6 billion in 2025: 14.4 times as much. China's economy, counted the same way in money terms, grew about 83%. Whatever drove it, the economy around it does not account for growth of that size.
- It wasn't the cycle. The losses began in 2016, a year China economy grew 6.8%. When a company falls while its economy grows, look inside the company first.
- Ahead of almost everyone like it. From 2016 to 2025, its revenue grew 1260% in US dollars; the median among 117 large retailers grew 63%. It outgrew 97% of them.
- Still smaller than it was. Revenue reached CN¥12.6 billion in 2025, 16% below its 2023 peak of CN¥14.9 billion.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | CN¥0.9 billion | −CN¥0.4 billion | |
| 2017 | CN¥1 billion | −CN¥0.2 billion | |
| 2018 | CN¥1.8 billion | −CN¥0.4 billion | |
| 2019 | CN¥4 billion | −CN¥0.5 billion | |
| 2020 | CN¥8.2 billion | −CN¥0.5 billion | |
| 2021 | CN¥12.4 billion | −CN¥0.6 billion | |
| 2022 | CN¥13.5 billion | −CN¥0.4 billion | |
| 2023 | CN¥14.9 billion | −CN¥0.4 billion | |
| 2024 | CN¥14.4 billion | −CN¥0 billion | |
| 2025 | CN¥12.6 billion | −CN¥0 billion |
As reported in its annual filings, in CNY. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 3 measures for China, every year since 2016, from the official sources.
- Peer comparison: against 224 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
The full data sheet downloads with the Data Plan. To see exactly what you get first, open the Boeing sample PDF or Excel.