Financial Snapshot

Revenue
$474.2M
TTM
Gross Margin
23.84%
TTM
Net Earnings
-$1.138B
TTM
Current Assets
$166.4M
Q2 2023
Current Liabilities
$302.3M
Q2 2023
Current Ratio
55.06%
Q2 2023
Total Assets
$280.3M
Q2 2023
Total Liabilities
$430.1M
Q2 2023
Book Value
-$149.8M
Q2 2023
Cash
$22.28M
Q2 2023
P/E
-0.004826
Nov 29, 2024 EST
Free Cash Flow
-$153.8M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2022 2021 2020
Revenue $179.6M $205.2M $169.1M
YoY Change -12.48% 21.35%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2022 2021 2020
Revenue $179.6M $205.2M $169.1M
Cost Of Revenue $135.6M $167.5M $141.2M
Gross Profit $44.00M $37.70M $28.00M
Gross Profit Margin 24.5% 18.37% 16.56%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2022 2021 2020
Selling, General & Admin $120.5M $145.2M $110.9M
YoY Change -17.01% 30.93%
% of Gross Profit 273.86% 385.15% 396.07%
Research & Development $0.00 $200.0K $7.800M
YoY Change -100.0% -97.44%
% of Gross Profit 0.0% 0.53% 27.86%
Depreciation & Amortization $3.540M $5.110M $6.320M
YoY Change -30.72% -19.15%
% of Gross Profit 8.05% 13.55% 22.57%
Operating Expenses $124.0M $150.1M $124.6M
YoY Change -17.39% 20.47%
Operating Profit -$80.00M -$112.4M -$96.60M
YoY Change -28.83% 16.36%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2022 2021 2020
Interest Expense -$31.60M -$120.2M -$21.50M
YoY Change -73.71% 459.07%
% of Operating Profit
Other Income/Expense, Net $1.600M $5.600M $2.400M
YoY Change -71.43% 133.33%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2022 2021 2020
Pretax Income -$119.1M -$457.9M -$115.8M
YoY Change -73.99% 295.42%
Income Tax $3.100M $800.0K -$1.400M
% Of Pretax Income
Net Earnings -$231.1M -$835.6M -$162.8M
YoY Change -72.34% 413.27%
Net Earnings / Revenue -128.67% -407.21% -96.27%
Basic Earnings Per Share
Diluted Earnings Per Share -$11.60 -$41.98 -$8.17

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2022 2021 2020
Cash & Short-Term Investments $26.80M $13.50M $24.50M
YoY Change 98.52% -44.9%
Cash & Equivalents $26.80M $13.50M $24.50M
Short-Term Investments
Other Short-Term Assets $88.60M $78.50M $38.40M
YoY Change 12.87% 104.43%
Inventory $6.100M $9.600M $5.000M
Prepaid Expenses
Receivables $26.90M $11.60M $10.50M
Other Receivables $7.200M $6.300M $19.40M
Total Short-Term Assets $155.6M $119.5M $97.70M
YoY Change 30.21% 22.31%
Property, Plant & Equipment $6.600M $4.200M $5.800M
YoY Change 57.14% -27.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $22.40M $51.70M $2.500M
YoY Change -56.67% 1968.0%
Other Assets $29.70M $29.60M $1.900M
YoY Change 0.34% 1457.89%
Total Long-Term Assets $99.80M $109.0M $33.10M
YoY Change -8.44% 229.31%
Total Assets $255.4M $228.5M $130.8M
YoY Change
Accounts Payable $17.00M $18.50M $14.90M
YoY Change -8.11% 24.16%
Accrued Expenses $48.50M $35.10M $18.70M
YoY Change 38.18% 87.7%
Deferred Revenue
YoY Change
Short-Term Debt $63.40M $60.10M $63.50M
YoY Change 5.49% -5.35%
Long-Term Debt Due $55.50M $25.60M $68.40M
YoY Change 116.8% -62.57%
Total Short-Term Liabilities $261.8M $177.0M $198.3M
YoY Change 47.91% -10.74%
Long-Term Debt $81.70M $58.50M $30.70M
YoY Change 39.66% 90.55%
Other Long-Term Liabilities $27.50M $26.20M $34.90M
YoY Change 4.96% -24.93%
Total Long-Term Liabilities $109.2M $84.70M $65.60M
YoY Change 28.93% 29.12%
Total Liabilities $388.8M $265.2M $270.3M
YoY Change 46.61% -1.89%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2022 2021 2020
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $5.4937 Million

About DDC Enterprise Ltd

DDC Enterprise Ltd. offers easy, convenient ready-to-heat, ready-to-cook and plant-based meal products while promoting healthier lifestyle choices to its predominately millennial and generation Z customer-base. The company is headquartered in Shanghai, Shanghai and currently employs 104 full-time employees. The company went IPO on 2023-11-17. The firm operates its businesses through one segment. The Merchandise segment includes sales of Convenient ready-to-cook (RTC) and ready-to-heat (RTH), Private label products, Advertising services and Experience stores to third parties and individual customers. The firm mainly conducts its businesses in the domestic market and overseas markets.

Industry: Food and Kindred Products Peers: Farmmi, Inc. TDH Holdings, Inc.