DDCNYSEFood and Kindred ProductsFiscal year ends December 31

DDC Enterprise Ltd

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 21, 2026

$0.14−0.01 (-5.36%)

Close on Oct 19, 2026

DDC Enterprise Ltd income statement

AnnualQuarterlyTTM

Millions of CNY, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	274	273	205	180	205
Cost of Revenue	188	196	154	136	169
Gross Profit	86	78	51	44	36
Research & Development	–	–	–	–	0.23
Selling, General & Admin	87	120	100	74	126
Selling & Marketing	7.67	21	17	21	59
General & Administrative	80	99	82	54	67
Advertising Expenses	1.50	1.20	1.70	2.90	15
Operating Expenses	333	215	198	124	150
Operating Income	-247	-137	-146	-80	-114
Interest Expense	20	17	12	31	23
Interest & Investment Income	8.04	3.25	2.56	0.47	0.01
Asset Impairment Charges	22	68	6.59	–	–
Gain (Loss) on Sale of Assets	–	–	–	-0.01	0.01
Pretax Income	-323	-150	-157	-119	-458
Income Tax Expense	15	7.14	5.00	3.12	0.82
Net Income incl. Noncontrolling Interests	-338	-157	-162	-122	-459
Minority Interest in Earnings	19	13	4.37	-0.22	-4.33
Net Income	–	–	-162	-122	-459
Net Income to Common	-357	-170	-166	-122	-454
EBITDA	-245	-133	-140	-76	-109
Non-Interest Income	–	3.25	2.56	0.47	0.01
Non-Interest Expense	–	17	12	31	23

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 31.4%
Operating margin: -90.0%
Net margin: –
Return on equity, FY2025: –

Financial strength

Current ratio: 0.88
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 3.2%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.