DDC Enterprise Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	48.38	60.96	78.79	26.8	13.49	24.47
Short-Term Investments	131.34	135.82	109.97	0.76	6.59	1.71
Cash & Short-Term Investments	179.71	196.78	188.76	27.56	20.09	26.18
Cash Growth	-12.26%	4.25%	584.86%	37.20%	-23.26%	-
Accounts Receivable	25.4	33.15	29.51	26.91	11.57	10.51
Other Receivables	-	45.21	17.34	7.24	6.36	9.41
Receivables	25.4	78.36	46.85	34.15	17.93	29.92
Inventory	3.06	4.72	9.98	6.12	9.61	4.97
Prepaid Expenses	205.72	69.87	53.52	8.92	-	-
Restricted Cash	-	-	0.5	70.1	63.76	34.16
Other Current Assets	-	27.42	20.85	8.79	8.09	2.5
Total Current Assets	413.89	377.15	320.46	155.64	119.47	97.73
Property, Plant & Equipment	4.87	5.73	6.77	6.64	4.17	5.83
Long-Term Investments	8.49	8.49	14.14	22.44	51.75	2.46
Goodwill	26.64	26.64	40.41	18.77	8.3	6.67
Other Intangible Assets	10.01	10.89	9.43	17.44	15.21	16.28
Long-Term Accounts Receivable	-	1.81	0.62	-	-	-
Other Long-Term Assets	180.93	54.51	42.53	34.44	29.61	1.85
Total Assets	644.83	485.22	434.35	255.38	228.5	130.82
Accounts Payable	24.84	24.31	20.79	17.05	18.5	14.91
Accrued Expenses	195.71	61.23	57.62	46.42	33.71	17.78
Short-Term Debt	47.93	84.12	80.33	108.65	90.87	134.32
Current Portion of Long-Term Debt	70.03	88.64	38.06	29.55	2.27	-
Current Portion of Leases	1.68	2.07	2.69	1.41	2.55	2.57
Current Income Taxes Payable	-	90.2	62	46.64	24.4	15.16
Current Unearned Revenue	11.18	12.38	13.77	6.29	2.07	2.43
Other Current Liabilities	-	7.68	6.11	5.78	2.67	11.1
Total Current Liabilities	351.37	370.62	281.38	261.79	177.04	198.27
Long-Term Debt	27.98	14.54	73.91	81.67	58.53	56.33
Long-Term Leases	3.28	3.58	4.08	4.82	-	-
Long-Term Deferred Tax Liabilities	3.17	3.8	3.83	3.4	3.19	1.82
Other Long-Term Liabilities	10.41	10.41	10.49	22.67	26.16	9.28
Total Liabilities	396.22	402.95	373.69	374.36	264.92	265.69
Common Stock	21.81	9.08	2.33	0.68	0.64	0.19
Additional Paid-In Capital	2,097	1,985	1,817	-	-	-
Retained Earnings	-1,786	-1,815	-1,644	-1,478	-1,283	-736.74
Comprehensive Income & Other	-127.69	-131.84	-135.58	-83.13	37.4	21.5
Total Common Equity	204.78	47.43	39.02	-1,560	-1,245	-715.05
Minority Interest	43.84	34.85	21.64	14.43	0.24	4.57
Shareholders' Equity	248.62	82.27	60.66	-118.98	-36.42	-134.87
Total Liabilities & Equity	644.83	485.22	434.35	255.38	228.5	130.82
Total Debt	150.91	192.95	199.07	226.11	154.23	193.21
Net Cash (Debt)	28.8	3.82	-10.32	-198.55	-134.14	-167.03
Net Cash Per Share	3.14	2.64	-31.86	-783.36	-587.81	-2386.14
Filing Date Shares Outstanding	9.18	4.03	2.12	1.1	1.09	0.07
Total Common Shares Outstanding	9.18	4.03	1.68	1.1	1.09	0.07
Working Capital	62.52	6.53	39.08	-106.15	-57.58	-100.54
Book Value Per Share	22.30	11.78	23.28	-1417.94	-1146.43	-10215.05
Tangible Book Value	168.13	9.89	-10.82	-1,597	-1,269	-738
Tangible Book Value Per Share	18.31	2.46	-6.45	-1450.85	-1168.07	-10542.88
Buildings	-	-	-	-	4.73	4.73
Machinery	-	7.72	7.98	8.48	26.01	25.89
Leasehold Improvements	-	2.81	2.7	2.52	3.89	3.89

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q