Financial Statements — DDC
Balance Sheet
(in billions CNY)| Metric | FY
2025 | FY
2024 | FY
2023 |
|---|
| Cash & Equivalents | 0.02 | 0.06 | 0.08 |
| Total Current Assets | 0.59 | 0.38 | 0.05 |
| Total Assets | 0.20 | 0.49 | 0.43 |
| Total Current Liabilities | 0.67 | 0.37 | 0.04 |
| Long-term Debt | 0.00 | 0.01 | 0.01 |
| Total Liabilities | 0.84 | 0.06 | 0.37 |
| Retained Earnings | (2.17) | (1.81) | (0.23) |
| Total Stockholder Equity | 0.50 | 0.05 | 0.04 |
Income Statement
(in millions CNY)| Metric | FY
2025 | FY
2024 | FY
2023 |
|---|
| Interest Expense | 2.92 | 2.29 | 1.72 |
| Non-interest Income | -- | 3.25 | 2.56 |
| Non-interest Expense | -- | 16.74 | 12.18 |
| Pretax Income | (323.34) | (149.85) | (22.11) |
| Tax Provision | 2.10 | 7.14 | 0.70 |
| Net Income | (338.00) | (156.99) | (161.98) |
Cash Flow Statement
(in millions CNY)| Metric | FY
2025 | FY
2024 | FY
2023 |
|---|
| Operating Cash Flow | (277.60) | (112.91) | (89.35) |
| Capital Expenditures | 0.03 | 0.38 | 0.20 |
| Free Cash Flow* | (277.63) | (113.29) | (89.55) |
| Investing Cash Flow | (437.15) | (10.86) | (19.04) |
| Financing Cash Flow | 676.66 | 14.28 | 216.00 |
* Derived from reported values
