DDC Enterprise (DDC) Financial Statements & Analysis

DDC Enterprise (DDC) Income Statement

DDC Enterprise reported revenue of CNY 274.04M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 0.3% from CNY 273.33M a year earlier. DDC Enterprise posted a net loss of CNY 356.71M, compared with a net loss of CNY 170.20M a year earlier. Gross margin was 31.4% and operating margin -82.1%. In the most recent quarter, H1 fiscal 2026 (ended Jun 30, 2026), revenue was CNY 136.75M, up 22.2% from the same quarter a year earlier.

DDC Enterprise Income Statement Analysis

Values in millions CNY

Income Statement Balance Sheet Cash Flow Ratios

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DDC Enterprise Limited income statement - Annual data in millions CNY
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	274.04	273.33	205.48	179.59	205.18	169.14
Cost of Revenue	187.89	195.69	154.03	135.66	168.72	141.30
Gross Profit	86.15	77.64	51.46	43.93	36.46	27.84
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.23	-7.82
Selling, General & Administrative	305.82	139.19	183.76	113.30	150.72	-107.68
Operating Expenses	311.20	147.15	191.08	123.93	-150.08	124.58
Operating Income	-225.04	-69.51	-139.62	-80.00	-113.62	-96.74
Other Income/Expense
Interest Income	8.04	3.25	2.56	0.47	0.01	0.01
Interest Expense	20.44	16.74	12.18	30.83	-22.84	-7.00
Other Income/Expense	-85.90	-66.85	-7.73	-39.13	-344.25	-10.21
Income
Income Before Tax	-323.34	-149.85	-156.97	-119.13	-457.87	-115.81
Income Tax Expense	14.66	7.14	5.00	3.12	0.82	-1.37
Net Income	-356.71	-170.20	-166.34	-122.03	-839.90	-114.44
Net Income - Continuous Operations	-338.00	-156.99	-161.98	-122.03	-458.68	-113.50
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	-301.06	-128.43	-138.68	-84.76	-109.39	-90.43
EBIT	-302.90	-133.11	-144.79	-88.31	-114.50	-96.74
Depreciation & Amortization	1.84	0.36	0.31	3.54	5.11	6.32
Earnings Per Share
Basic EPS	-39.00	-120.00	-194.00	-303.00	-3681.00	-4652.00
Diluted EPS	-39.00	-120.00	-194.00	-303.00	-4325.00	-2340.00
Basic Shares Outstanding	10.35	2.29	0.80	0.81	0.23	0.04
Diluted Shares Outstanding	10.35	2.29	0.80	0.81	0.23	0.04

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About DDC Enterprise Financial Statements

What was DDC Enterprise's revenue in fiscal 2025?

DDC Enterprise reported revenue of CNY 274.04M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 0.3% from CNY 273.33M a year earlier.

Is DDC Enterprise profitable?

No. DDC Enterprise reported a net loss of CNY 356.71M in fiscal 2025. In fiscal 2024 it lost CNY 170.20M.

What is DDC Enterprise's operating margin?

DDC Enterprise's operating income was −CNY 225.04M on revenue of CNY 274.04M in fiscal 2025, an operating margin of -82.1%, compared with -25.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition