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DDC Financials DDC Enterprise Ltd

5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in CNY as reported — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 7.5% per year over the past 4 years.
  • Operating margin has contracted, at -90.0% in the latest year.

Financial health

  • Total debt (CN¥42M) exceeds cash (CN¥21M); net debt is CN¥21M.
  • Total debt has grown slower than revenue (-10.6% vs 7.5% per year).
  • Operating income covered interest expense -12.1× in the latest year, down from -5.0× 4 years ago.
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-CN¥459M -CN¥92M CN¥274M CN¥0 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-224% -96% 31% 0% 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-415% -204% 8% 0% 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-CN¥278M -CN¥138M CN¥763448 CN¥0 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
CN¥0 CN¥39M CN¥79M 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-CN¥437M CN¥120M CN¥677M CN¥0 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 CN¥274M -CN¥338M 31.4% -90.0% -67.9% -24.2% -CN¥278M CN¥42M CN¥21M
2024 CN¥273M -CN¥157M 28.4% -50.3% -331.0% -32.4% -CN¥113M CN¥56M CN¥61M
2023 CN¥205M -CN¥162M 25.0% -71.2% -415.1% -37.3% -CN¥90M CN¥27M CN¥79M
2022 CN¥180M -CN¥122M 24.5% -44.5% 8.1% -47.9% CN¥398733 CN¥59M CN¥27M
2021 CN¥205M -CN¥459M 17.8% -55.4% — — CN¥763448 — CN¥13M

Frequently asked questions

Is DDC growing its revenue and profit?

Over the past 4 years, DDC Enterprise Ltd's revenue has grown 7.5% per year. These are computed facts, not advice.

How much debt does DDC have?

As of FY2025, DDC Enterprise Ltd reported CN¥42M of total debt against CN¥21M of cash; operating income covered interest expense -12.1×.

What is DDC's profit margin?

In FY2025, gross margin was 31.4%, operating margin -90.0%, and net margin -123.3%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.