DDC Enterprise Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	21.12	60.96	78.79	26.8	13.49
Short-Term Investments	130.4	130.06	104.09	-	-
Cash & Short-Term Investments	151.52	191.01	182.88	26.8	13.49
Cash Growth	-20.67%	4.45%	582.33%	98.63%	-44.85%
Accounts Receivable	41.56	33.15	29.51	26.91	11.57
Inventory	8.23	4.72	9.98	6.12	9.61
Other Current Assets	383.82	148.27	98.09	95.82	84.8
Total Current Assets	585.14	377.15	320.46	155.64	119.47
Net Property, Plant & Equipment	8.88	5.73	6.77	6.64	4.17
Other Intangible Assets	1.61	10.9	9.43	17.44	15.21
Goodwill	4.97	26.64	40.41	18.77	8.3
Long-Term Investments	-	8.49	14.14	22.44	51.75
Other Long-Term Assets	794.96	56.32	43.15	34.44	29.61
Total Assets	1,396	485.22	434.35	255.38	228.5
Accounts Payable	33.69	24.8	38.4	36.44	25.91
Accrued Expenses	557.13	192.24	168.95	107.36	75.67
Short-Term Debt	60.64	134.84	45.65	74.35	64.94
Current Portion of Long-Term Debt	0.55	4.29	11.91	35.93	7.8
Current Portion of Leases	2.05	2.07	2.69	1.41	-
Unearned Revenue	13.98	12.38	13.77	6.29	2.07
Other Current Liabilities	-	-	-	-	0.64
Total Current Liabilities	668.03	370.62	281.38	261.79	177.04
Long-Term Debt	157.86	14.54	73.91	81.67	58.53
Long-Term Leases	6.41	3.58	4.08	4.82	-
Other Long-Term Liabilities	11.67	14.2	14.32	13.31	11.72
Total Long-Term Liabilities	175.94	32.33	92.32	112.57	87.88
Total Liabilities	843.97	402.95	373.69	374.36	264.92
Preferred Stock	230.55	-	-	-	-
Common Stock	65.78	9.08	2.33	0.68	0.64
Additional Paid-in Capital	2,499	1,985	1,817	-	-
Accumulated Other Comprehensive Income	-125.76	-131.84	-135.58	-83.13	37.4
Retained Earnings	-2,171	-1,815	-1,644	-1,478	-1,283
Total Common Shareholders' Equity	498.29	47.42	39.02	-1,560	-1,245
Minority Interest	107.1	69.69	21.64	14.43	1,150
Shareholders' Equity	605.39	117.12	60.66	-1,546	-94.99
Total Liabilities & Equity	1,396	485.22	434.35	255.38	228.5
Total Debt	227.5	159.33	138.25	198.19	131.28
Net Cash (Debt)	-75.98	31.69	44.63	-171.39	-117.79
Net Cash Growth	-	-29.01%	-	-	-
Net Cash Per Share	-8.27	22.42	154.55	-593.50	-609.66
Book Value	498.29	47.42	39.02	-1,560	-1,245
Book Value Per Share	54.25	33.55	135.11	-5403.68	-6444.62
Tangible Book Value	491.71	9.89	-10.82	-1,597	-1,269
Tangible Book Value Per Share	53.54	7.00	-37.46	-5529.07	-6566.29

Updated Jan 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q