111, Inc. Files 2024 Annual Report
Ticker: YI · Form: 20-F · Filed: Apr 29, 2025 · CIK: 1738906
| Field | Detail |
|---|---|
| Company | 111, Inc. (YI) |
| Form Type | 20-F |
| Filed Date | Apr 29, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, financials, foreign-issuer
TL;DR
111, Inc. dropped its 2024 20-F. All systems go from Shanghai.
AI Summary
111, Inc. filed its 20-F for the fiscal year ending December 31, 2024. The company, formerly known as New Peak Group, is based in Shanghai, China, and operates in the retail drug store sector. The filing details its financial position and business operations for the reporting period.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of 111, Inc.'s financial performance and business activities for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — As a foreign private issuer filing a 20-F, the company operates under different regulatory frameworks and may present unique risks compared to domestic US companies.
Key Numbers
- 72000000 — Total Assets (Represents the company's total assets as of the fiscal year end.)
- 353433000 — Operating Lease Liability Noncurrent (Indicates significant long-term lease obligations.)
Key Players & Entities
- 111, Inc. (company) — Filer of the 20-F report
- New Peak Group (company) — Former name of 111, Inc.
- 20180427 (date) — Date of name change from New Peak Group to 111, Inc.
- 20241231 (date) — Fiscal year end for the reported period
- 0001738906 (company) — Central Index Key for 111, Inc.
FAQ
What were the primary drivers of revenue growth for 111, Inc. in fiscal year 2024?
The provided text does not contain specific details on revenue drivers for fiscal year 2024.
What is the current status of 111, Inc.'s non-controlling interest holders and their redemption rights?
The filing mentions 'NonControllingInterestHoldersWithSignedCommitmentsToRearrangeRedemptionRightsMember' and various 'ShareRepurchaseAgreementsToFacilitateRepayments' for the period 2024-01-01 to 2024-12-31, indicating ongoing arrangements.
What is the company's strategy regarding its operating lease liabilities?
The filing lists 'OperatingLeaseLiabilityNoncurrent' with a value of 353,433,000, but does not detail the specific strategy for managing these liabilities.
Has 111, Inc. undergone any significant corporate restructuring or acquisitions in 2024?
The filing mentions a former company name 'New Peak Group' and a name change date of 20180427, but no recent restructuring or acquisitions are detailed for 2024 in the provided text.
What is the company's outlook for the upcoming fiscal year based on this filing?
The provided text is a summary of the 20-F filing and does not include forward-looking statements or outlook for the upcoming fiscal year.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on April 29, 2025 regarding 111, Inc. (YI).