YB NASDAQ

If the stock fell to about $0.00 (down more than 99.9%), Yuanbao Inc. American Depositary Shares would be worth roughly what it owes.
Total debt $248K against a stock market value of $500.0M.
Distance to default 16.31 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $124K (short-term plus half of long-term), stock volatility 50.4%; Altman Z'' 9.21. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.