MeritValue

AIFU Inc.

AIFUdata completeness 100%15 fiscal years on file
i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$513.3M1$403.3M2$450.5M3$247.8M4$79.6M5
Net income$40.8M6$14.5M7$39.5M8$62.3M9−$325.4M10
Operating cash flow$19.8M11$20M12$14.3M13$19.6M14−$2.33M15
Capital expenditure$4.83M16$11.3M17$1.83M18$1.16M19$477,00020
Free cash flow (derived)$15M11$8.7M12$12.5M13$18.4M14−$2.8M15
Total debt—$5.17M21$23.1M22$18.5M23$8.01M24
Cash & equivalents$88.6M25$82.3M26$73.5M27$26.3M28$4.45M29
Diluted shares1.07B1.07B2.7M2.7M10.1M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
You’d own
0.000099%
of the whole company
Your share of last year’s profit
−$321.11
Your share of its debt
$7.9
Your share of free cash flow
−$2.77
iii. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
$16.34
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears10
  • fcfGrowth0.0%
  • fcfBase$12.5M
DCF · Growth Exit 5Y
$17.71
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears5
  • fcfGrowth0.0%
  • fcfBase$12.5M
Earnings Power Value
$41.08
assumptions (8)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$39.5M
  • growthAssumed0.0%
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

iv. The price question — last, on purpose
What does today’s price assume?
Type a price. The ledger answers.
Or set your own belief
FCF growth, next 5 years0.0%
Discount rate (WACC)8.78%
Terminal growth2.5%
At your growth, a share is worth $17.71

Default growth 0.0%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.

Sources — the receipts
  1. 20-F · period ending 2021-12-31 · accession 0001213900-22-022703 (Revenues)
  2. 20-F/A · period ending 2022-12-31 · accession 0001213900-23-042007 (Revenues)
  3. 20-F · period ending 2023-12-31 · accession 0001213900-24-037144 (Revenues)
  4. 20-F · period ending 2024-12-31 · accession 0001213900-25-035604 (Revenues)
  5. 20-F · period ending 2025-12-31 · accession 0001213900-26-048631 (Revenues)
  6. 20-F · period ending 2021-12-31 · accession 0001213900-22-022703 (NetIncomeLoss)
  7. 20-F/A · period ending 2022-12-31 · accession 0001213900-23-042007 (NetIncomeLoss)
  8. 20-F · period ending 2023-12-31 · accession 0001213900-24-037144 (NetIncomeLoss)
  9. 20-F · period ending 2024-12-31 · accession 0001213900-25-035604 (NetIncomeLoss)
  10. 20-F · period ending 2025-12-31 · accession 0001213900-26-048631 (NetIncomeLoss)
  11. 20-F · period ending 2021-12-31 · accession 0001213900-22-022703 (NetCashProvidedByUsedInOperatingActivities)
  12. 20-F/A · period ending 2022-12-31 · accession 0001213900-23-042007 (NetCashProvidedByUsedInOperatingActivities)
  13. 20-F · period ending 2023-12-31 · accession 0001213900-24-037144 (NetCashProvidedByUsedInOperatingActivities)
  14. 20-F · period ending 2024-12-31 · accession 0001213900-25-035604 (NetCashProvidedByUsedInOperatingActivities)
  15. 20-F · period ending 2025-12-31 · accession 0001213900-26-048631 (NetCashProvidedByUsedInOperatingActivities)
  16. 20-F · period ending 2021-12-31 · accession 0001213900-22-022703 (PaymentsToAcquirePropertyPlantAndEquipment)
  17. 20-F/A · period ending 2022-12-31 · accession 0001213900-23-042007 (PaymentsToAcquirePropertyPlantAndEquipment)
  18. 20-F · period ending 2023-12-31 · accession 0001213900-24-037144 (PaymentsToAcquirePropertyPlantAndEquipment)
  19. 20-F · period ending 2024-12-31 · accession 0001213900-25-035604 (PaymentsToAcquirePropertyPlantAndEquipment)
  20. 20-F · period ending 2025-12-31 · accession 0001213900-26-048631 (PaymentsToAcquirePropertyPlantAndEquipment)
  21. 20-F/A · period ending 2022-12-31 · accession 0001213900-23-042007 (ShortTermBorrowings)
  22. 20-F · period ending 2023-12-31 · accession 0001213900-24-037144 (ShortTermBorrowings)
  23. 20-F · period ending 2024-12-31 · accession 0001213900-25-035604 (ShortTermBorrowings)
  24. 20-F · period ending 2025-12-31 · accession 0001213900-26-048631 (ShortTermBorrowings)
  25. 20-F · period ending 2021-12-31 · accession 0001213900-22-022703 (CashAndCashEquivalentsAtCarryingValue)
  26. 20-F/A · period ending 2022-12-31 · accession 0001213900-23-042007 (CashAndCashEquivalentsAtCarryingValue)
  27. 20-F · period ending 2023-12-31 · accession 0001213900-24-037144 (CashAndCashEquivalentsAtCarryingValue)
  28. 20-F · period ending 2024-12-31 · accession 0001213900-25-035604 (CashAndCashEquivalentsAtCarryingValue)
  29. 20-F · period ending 2025-12-31 · accession 0001213900-26-048631 (CashAndCashEquivalentsAtCarryingValue)