Yunji (YJ) Research & Development (2018 - 2025)
Yunji (YJ) posted quarterly Research & Development of -$7.5 million for Q4 2025, down 82.05% year-over-year from -$41.9 million in Q4 2024, and down 82.05% quarter-over-quarter from -$4.1 million in Q4 2024.
Yunji (YJ) Research & Development (2018 - 2025) Analysis & Trends
Yunji's Research & Development history runs 8 years deep, the most recent figure standing at -$7.5 million for Q4 2025.
- In Q4 2025, Research & Development fell 82.05% year-over-year to -$7.5 million; the TTM figure through Dec 2025 stood at -$17.4 million (down 29.4% YoY), while the FY2025 annual figure was $4.0 million, down 35.29% from the prior year.
- Research & Development for Q4 2025 stood at -$7.5 million, down from -$4.1 million in the prior quarter.
- The five-year high for Research & Development was -$2.8 million in Q3 2024, with the low at -$14.7 million in Q1 2021.
- The 5-year median for Research & Development is -$6.6 million (2022), against an average of -$6.8 million.
- The sharpest annual moves came in 2021 and 2025: Research & Development surged 70.54% in 2021, then plunged 82.05% in 2025.
- Yunji's Research & Development stood at -$12.3 million in 2021, then jumped by 30.54% to -$8.5 million in 2022, then soared by 53.07% to -$4.0 million in 2023, then dropped by 3.07% to -$4.1 million in 2024, then slumped by 82.05% to -$7.5 million in 2025.
- Business Quant data shows YJ's Research & Development at -$7.5 million in Q4 2025, -$4.1 million in Q4 2024, and -$2.8 million in Q3 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | 62.73 Bn |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | -714.26 Mn |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 1.13 Bn |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 821.00 Mn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | -995.00 Mn |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | -1.41 Bn |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | 697.00 Mn |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | - |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | -4.25 Mn |
| 10 | Yunji | 4.34 Bn | 4.33 Bn | 9.43 Mn | -7.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -7.53 Mn |
| Dec 31, 2024 | -4.13 Mn |
| Sep 30, 2024 | -2.75 Mn |
| Jun 30, 2024 | -2.98 Mn |
| Mar 31, 2024 | -3.57 Mn |
| Dec 31, 2023 | -4.01 Mn |
| Sep 30, 2023 | -4.06 Mn |
| Jun 30, 2023 | -4.60 Mn |
| Mar 31, 2023 | -4.31 Mn |
| Dec 31, 2022 | -8.55 Mn |
| Sep 30, 2022 | -6.61 Mn |
| Jun 30, 2022 | -8.69 Mn |
| Mar 31, 2022 | -7.99 Mn |
| Dec 31, 2021 | -12.30 Mn |
| Sep 30, 2021 | -9.29 Mn |
| Jun 30, 2021 | -9.52 Mn |
| Mar 31, 2021 | -14.70 Mn |
| Dec 31, 2020 | -25.63 Mn |
| Sep 30, 2020 | -23.40 Mn |
| Jun 30, 2020 | -32.32 Mn |