What is DDC ENTERPRISE LTD's earnings per share (EPS)?

DDC ENTERPRISE LTD (DDC) reported diluted earnings per share of $-5.55 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

DDC ENTERPRISE LTD Financials

DDC

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows DDC ENTERPRISE LTD (DDC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI DDC FY2024 2026-04-22

DDC’s revenue growth without cash conversion is the dominant mechanic, leaving the business externally financed despite narrower losses.

Across the last two annual periods, gross margin expanded from 25.0% to 28.4%, showing the sales mix or unit economics improved. But operating cash burn deepened to -$15.5M while capital spending was only $52K, so the shortfall is operational rather than a build-out of long-lived assets.

FY2024 shows better gross economics: revenue reached $37.4M and gross profit captured 28.4% of sales. Yet overhead still overwhelms scale, because operating margin remained deeply negative, meaning higher volume is not yet dropping through to earnings.

The balance sheet is thinly capitalized, with equity of just $6.5M against liabilities of $55.2M. A current ratio near 1.0x and financing inflows in both years indicate liquidity is being supported externally rather than by cash generated from operations.

Financial Health Signals

Financial Profile 23/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of DDC ENTERPRISE LTD's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

DDC ENTERPRISE LTD has an operating margin of -90.0%, meaning the company retains $-90 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -50.3% the prior year.

Growth

DDC ENTERPRISE LTD's revenue grew a modest 4.6% year-over-year to $39.2M. This slow but positive growth earns a score of 61/100.

Leverage

DDC ENTERPRISE LTD carries a low D/E ratio of 1.69, meaning only $1.69 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 67/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

DDC ENTERPRISE LTD's current ratio of 0.88 is below the typical benchmark, resulting in a score of 12/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While DDC ENTERPRISE LTD generated -$39.7M in operating cash flow, capex of $5K consumed most of it, leaving -$39.7M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

DDC ENTERPRISE LTD generates a -67.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -331.0% the prior year.

Piotroski F-Score Weak

3/9

DDC ENTERPRISE LTD passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.82x

For every $1 of reported earnings, DDC ENTERPRISE LTD generates $0.82 in operating cash flow (-$39.7M OCF vs -$48.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-12.1x

DDC ENTERPRISE LTD earns $-12.1 in operating income for every $1 of interest expense (-$35.3M vs $2.9M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$39.2M

YoY+4.6%

DDC ENTERPRISE LTD generated $39.2M in revenue in fiscal year 2025. This represents an increase of 4.6% from the prior year.

EBITDA

-$35.0M

YoY-92.5%

DDC ENTERPRISE LTD's EBITDA was -$35.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 92.5% from the prior year.

Net Income

-$48.3M

YoY-124.7%

DDC ENTERPRISE LTD reported -$48.3M in net income in fiscal year 2025. This represents a decrease of 124.7% from the prior year.

EPS (Diluted)

$-5.55

DDC ENTERPRISE LTD earned $-5.55 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$39.7M

YoY-155.8%

DDC ENTERPRISE LTD generated -$39.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 155.8% from the prior year.

Cash & Debt

$3.0M

YoY-63.8%

DDC ENTERPRISE LTD held $3.0M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

23M

DDC ENTERPRISE LTD had 23M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

31.4%

YoY+3.0pp

DDC ENTERPRISE LTD's gross margin was 31.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 3.0 percentage points from the prior year.

Operating Margin

-90.0%

YoY-39.8pp

DDC ENTERPRISE LTD's operating margin was -90.0% in fiscal year 2025, reflecting core business profitability. This is down 39.8 percentage points from the prior year.

Net Margin

-123.3%

YoY-65.9pp

DDC ENTERPRISE LTD's net profit margin was -123.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 65.9 percentage points from the prior year.

Return on Equity

-67.9%

YoY+263.2pp

DDC ENTERPRISE LTD's ROE was -67.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 263.2 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$5K

YoY-91.2%

DDC ENTERPRISE LTD invested $5K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 91.2% from the prior year.

DDC Income Statement

Metric	FY25	FY24	FY23
Revenue	$39.2M+4.6%	$37.4M+29.4%	$28.9M
Cost of Revenue	$26.9M+0.2%	$26.8M+23.6%	$21.7M
Gross Profit	$12.3M+15.8%	$10.6M+46.8%	$7.2M
R&D Expenses	N/A	N/A	N/A
SG&A Expenses	$11.4M-16.0%	$13.6M+16.9%	$11.6M
Operating Income	-$35.3M-87.4%	-$18.8M+8.6%	-$20.6M
Interest Expense	$2.9M+27.5%	$2.3M+33.7%	$1.7M
Income Tax	$2.1M+114.2%	$979K+38.8%	$705K
Net Income	-$48.3M-124.7%	-$21.5M+5.7%	-$22.8M
EPS (Diluted)	$-5.55	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23
Revenue	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A
Net Income	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A

DDC Balance Sheet

Metric	FY25	FY24	FY23
Total Assets	$199.6M+200.2%	$66.5M+8.7%	$61.2M
Current Assets	$83.7M+61.9%	$51.7M+14.5%	$45.1M
Cash & Equivalents	$3.0M-63.8%	$8.4M-24.7%	$11.1M
Inventory	$1.2M+82.0%	$647K-54.0%	$1.4M
Accounts Receivable	$5.9M+30.9%	$4.5M+9.3%	$4.2M
Goodwill	$711K-80.5%	$3.6M-35.9%	$5.7M
Total Liabilities	$120.7M+118.6%	$55.2M+4.9%	$52.6M
Current Liabilities	$95.5M+88.1%	$50.8M+28.1%	$39.6M
Long-Term Debt	N/A	N/A	N/A
Total Equity	$71.2M+996.2%	$6.5M+18.2%	$5.5M
Retained Earnings	-$310.5M-24.9%	-$248.6M-7.3%	-$231.6M

Metric	Q4'25	Q4'24	Q4'23
Total Assets	$199.6M+200.2%	$66.5M+8.7%	$61.2M
Current Assets	$83.7M+61.9%	$51.7M+14.5%	$45.1M
Cash & Equivalents	$3.0M-63.8%	$8.4M-24.7%	$11.1M
Inventory	$1.2M+82.0%	$647K-54.0%	$1.4M
Accounts Receivable	$5.9M+30.9%	$4.5M+9.3%	$4.2M
Goodwill	$711K-80.5%	$3.6M-35.9%	$5.7M
Total Liabilities	$120.7M+118.6%	$55.2M+4.9%	$52.6M
Current Liabilities	$95.5M+88.1%	$50.8M+28.1%	$39.6M
Long-Term Debt	N/A	N/A	N/A
Total Equity	$71.2M+996.2%	$6.5M+18.2%	$5.5M
Retained Earnings	-$310.5M-24.9%	-$248.6M-7.3%	-$231.6M

DDC Cash Flow Statement

Metric	FY25	FY24	FY23
Operating Cash Flow	-$39.7M-156.6%	-$15.5M-22.9%	-$12.6M
Capital Expenditures	$5K-91.2%	$52K+83.6%	$28K
Free Cash Flow	-$39.7M-155.8%	-$15.5M-23.0%	-$12.6M
Investing Cash Flow	-$62.5M-4102.7%	-$1.5M+92.2%	-$19.0M
Financing Cash Flow	$96.8M+577.4%	$14.3M-53.0%	$30.4M
Dividends Paid	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23
Operating Cash Flow	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A

DDC Financial Ratios

Metric	FY25	FY24	FY23
Gross Margin	31.4%+3.0pp	28.4%+3.4pp	25.0%
Operating Margin	-90.0%-39.8pp	-50.3%+20.9pp	-71.2%
Net Margin	-123.3%-65.9pp	-57.4%+21.4pp	-78.8%
Return on Equity	-67.9%+263.2pp	-331.0%+84.1pp	-415.1%
Return on Assets	-24.2%+8.1pp	-32.4%+4.9pp	-37.3%
Current Ratio	0.88-0.1	1.02-0.1	1.14
Debt-to-Equity	1.69-6.8	8.50-1.1	9.58
FCF Margin	-101.3%-59.9pp	-41.4%+2.1pp	-43.6%

Metric	Q4'25	Q4'24	Q4'23
Gross Margin	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A
Current Ratio	0.88-0.1	1.02-0.1	1.14
Debt-to-Equity	1.69-6.8	8.50-1.1	9.58
FCF Margin	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.88), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is DDC ENTERPRISE LTD's annual revenue?

DDC ENTERPRISE LTD (DDC) reported $39.2M in total revenue for fiscal year 2025. This represents a 4.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is DDC ENTERPRISE LTD's revenue growing?

DDC ENTERPRISE LTD (DDC) revenue grew by 4.6% year-over-year, from $37.4M to $39.2M in fiscal year 2025.

Is DDC ENTERPRISE LTD profitable?

No, DDC ENTERPRISE LTD (DDC) reported a net income of -$48.3M in fiscal year 2025, with a net profit margin of -123.3%.

What is DDC ENTERPRISE LTD's EBITDA?

DDC ENTERPRISE LTD (DDC) had EBITDA of -$35.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is DDC ENTERPRISE LTD's gross margin?

DDC ENTERPRISE LTD (DDC) had a gross margin of 31.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is DDC ENTERPRISE LTD's operating margin?

DDC ENTERPRISE LTD (DDC) had an operating margin of -90.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is DDC ENTERPRISE LTD's net profit margin?

DDC ENTERPRISE LTD (DDC) had a net profit margin of -123.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is DDC ENTERPRISE LTD's return on equity (ROE)?

DDC ENTERPRISE LTD (DDC) has a return on equity of -67.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is DDC ENTERPRISE LTD's free cash flow?

DDC ENTERPRISE LTD (DDC) generated -$39.7M in free cash flow during fiscal year 2025. This represents a -155.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is DDC ENTERPRISE LTD's operating cash flow?

DDC ENTERPRISE LTD (DDC) generated -$39.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are DDC ENTERPRISE LTD's total assets?

DDC ENTERPRISE LTD (DDC) had $199.6M in total assets as of fiscal year 2025, including both current and long-term assets.

What are DDC ENTERPRISE LTD's capital expenditures?

DDC ENTERPRISE LTD (DDC) invested $5K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does DDC ENTERPRISE LTD have outstanding?

DDC ENTERPRISE LTD (DDC) had 23M shares outstanding as of fiscal year 2025.

What is DDC ENTERPRISE LTD's current ratio?

DDC ENTERPRISE LTD (DDC) had a current ratio of 0.88 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is DDC ENTERPRISE LTD's debt-to-equity ratio?

DDC ENTERPRISE LTD (DDC) had a debt-to-equity ratio of 1.69 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is DDC ENTERPRISE LTD's return on assets (ROA)?

DDC ENTERPRISE LTD (DDC) had a return on assets of -24.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is DDC ENTERPRISE LTD's cash runway?

Based on fiscal year 2025 data, DDC ENTERPRISE LTD (DDC) had $3.0M in cash against an annual operating cash burn of $39.7M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is DDC ENTERPRISE LTD's Piotroski F-Score?

DDC ENTERPRISE LTD (DDC) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are DDC ENTERPRISE LTD's earnings high quality?

DDC ENTERPRISE LTD (DDC) has an earnings quality ratio of 0.82x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can DDC ENTERPRISE LTD cover its interest payments?

DDC ENTERPRISE LTD (DDC) has an interest coverage ratio of -12.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is DDC ENTERPRISE LTD?

DDC ENTERPRISE LTD (DDC) scores 23 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.