DDC Enterprise (DDC) Financial Statements
Price: $0.0845
Market Cap: $6.65M
Avg Volume: 648.65K
Market Cap: $6.65M
Avg Volume: 648.65K
Country: HK
Industry: Packaged Foods
Sector: Consumer Defensive
Industry: Packaged Foods
Sector: Consumer Defensive
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of DDC Enterprise.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|
| Revenue | $205.48M | $179.59M | $205.18M | $169.14M |
| Cost of Revenue | $154.03M | $135.66M | $168.72M | $141.30M |
| Gross Profit | $51.46M | $43.93M | $36.46M | $27.84M |
| Gross Profit Ratio | 25.04% | 24.46% | 17.77% | 16.46% |
| Research and Development Expenses | $- | $- | $233.66K | $7.82M |
| General and Administrative Expenses | $166.32M | $92.54M | $66.64M | $42.00M |
| Selling and Marketing Expenses | $17.44M | $20.76M | $59.24M | $65.67M |
| Selling General and Administrative Expenses | $183.76M | $113.30M | $125.88M | $107.68M |
| Other Expenses | $58.77M | $10.63M | $-260.50M | $2.45M |
| Operating Expenses | $242.54M | $123.93M | $150.08M | $124.58M |
| Cost and Expenses | $396.56M | $259.59M | $318.80M | $265.89M |
| Interest Income | $2.56M | $465.16K | $9.78K | $10.36K |
| Interest Expense | $12.18M | $30.83M | $22.84M | $7.00M |
| Depreciation and Amortization | $3.54M | $3.54M | $5.11M | $6.32M |
| EBITDA | $-134.66M | $-84.76M | $-429.91M | $-87.97M |
| EBITDA Ratio | -65.53% | -47.20% | -209.53% | -52.01% |
| Operating Income | $-191.08M | $-80.00M | $-113.62M | $-96.74M |
| Operating Income Ratio | -92.99% | -44.55% | -55.38% | -57.20% |
| Total Other Income Expenses Net | $40.70M | $-39.13M | $-344.25M | $-19.07M |
| Income Before Tax | $-150.38M | $-119.13M | $-457.87M | $-115.81M |
| Income Before Tax Ratio | -73.18% | -66.34% | -223.15% | -68.47% |
| Income Tax Expense | $5.00M | $3.12M | $816.87K | $-1.37M |
| Net Income | $-155.38M | $-122.03M | $-454.35M | $-113.50M |
| Net Income Ratio | -75.62% | -67.95% | -221.44% | -67.10% |
| EPS | $-8.06 | $-6.41 | $-23.85 | $-5.96 |
| EPS Diluted | $-8.06 | $-6.33 | $-23.56 | $-5.89 |
| Weighted Average Shares Outstanding | 19.28M | 19.05M | 19.05M | 19.05M |
| Weighted Average Shares Outstanding Diluted | 19.28M | 19.28M | 19.28M | 19.28M |
| SEC Filing | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|
| Cash and Cash Equivalents | $78.79M | $26.80M | $13.49M | $24.47M |
| Short Term Investments | $104.09M | $- | $- | $- |
| Cash and Short Term Investments | $182.88M | $26.80M | $13.49M | $24.47M |
| Net Receivables | $82.68M | $34.15M | $17.93M | $29.92M |
| Inventory | $9.98M | $6.12M | $9.61M | $4.97M |
| Other Current Assets | $44.91M | $88.58M | $78.44M | $38.37M |
| Total Current Assets | $320.46M | $155.64M | $119.47M | $97.73M |
| Property Plant Equipment Net | $6.77M | $6.64M | $4.17M | $5.83M |
| Goodwill | $47.00M | $18.77M | $8.30M | $6.67M |
| Intangible Assets | $9.43M | $17.44M | $15.21M | $16.28M |
| Goodwill and Intangible Assets | $56.43M | $36.21M | $23.51M | $22.95M |
| Long Term Investments | $14.14M | $22.44M | $51.75M | $2.46M |
| Tax Assets | $- | $- | $- | $- |
| Other Non-Current Assets | $43.15M | $34.44M | $29.61M | $1.85M |
| Total Non-Current Assets | $120.49M | $99.74M | $109.04M | $33.10M |
| Other Assets | $- | $- | $- | $- |
| Total Assets | $440.94M | $255.38M | $228.50M | $130.82M |
| Account Payables | $20.79M | $17.05M | $18.50M | $14.91M |
| Short Term Debt | $103.47M | $120.22M | $85.73M | $131.82M |
| Tax Payables | $62.00M | $46.64M | $24.40M | $15.16M |
| Deferred Revenue | $14.55M | $6.95M | $3.48M | $3.33M |
| Other Current Liabilities | $80.56M | $70.94M | $44.93M | $33.03M |
| Total Current Liabilities | $281.38M | $261.79M | $177.04M | $198.27M |
| Long Term Debt | $77.99M | $86.49M | $58.53M | $56.33M |
| Deferred Revenue Non-Current | $- | $1.39B | $- | $- |
| Deferred Tax Liabilities Non-Current | $3.83M | $3.40M | $3.19M | $1.82M |
| Other Non-Current Liabilities | $10.49M | $4.16M | $1.18B | $526.33M |
| Total Non-Current Liabilities | $92.32M | $1.48B | $1.24B | $584.47M |
| Other Liabilities | $- | $- | $- | $- |
| Total Liabilities | $373.69M | $1.74B | $1.41B | $782.74M |
| Preferred Stock | $- | $58.57M | $58.57M | $58.57M |
| Common Stock | $2.33M | $681.55K | $642.83K | $187.10K |
| Retained Earnings | $-1.64B | $-1.48B | $-1.28B | $-736.74M |
| Accumulated Other Comprehensive Income Loss | $-135.58M | $-83.13M | $37.40M | $21.50M |
| Other Total Stockholders Equity | $1.82B | $- | $- | $- |
| Total Stockholders Equity | $45.61M | $-1.50B | $-1.19B | $-656.49M |
| Total Equity | $67.25M | $-1.49B | $-1.19B | $-651.92M |
| Total Liabilities and Stockholders Equity | $440.94M | $255.38M | $228.50M | $130.82M |
| Minority Interest | $21.64M | $14.43M | $236.67K | $4.57M |
| Total Liabilities and Total Equity | $440.94M | $255.38M | $228.50M | $130.82M |
| Total Investments | $118.22M | $22.44M | $51.75M | $2.46M |
| Total Debt | $181.47M | $206.71M | $144.26M | $188.15M |
| Net Debt | $102.68M | $179.91M | $130.77M | $163.68M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|
| Net Income | $-122.25M | $-122.25M | $-458.68M | $-114.44M |
| Depreciation and Amortization | $3.54M | $3.54M | $5.11M | $6.32M |
| Deferred Income Tax | $-601.74K | $-601.74K | $814.88K | $-1.37M |
| Stock Based Compensation | $38.99M | $38.99M | $- | $- |
| Change in Working Capital | $4.34M | $4.34M | $16.09M | $40.66M |
| Accounts Receivables | $-21.01M | $-21.01M | $-2.73M | $7.88M |
| Inventory | $3.22M | $3.22M | $-5.84M | $2.85M |
| Accounts Payables | $667.97K | $667.97K | $3.59M | $-506.35K |
| Other Working Capital | $21.46M | $21.46M | $21.08M | $30.44M |
| Other Non Cash Items | $38.89M | $38.89M | $13.61M | $1.08M |
| Net Cash Provided by Operating Activities | $-37.08M | $-37.08M | $-91.43M | $-48.75M |
| Investments in Property Plant and Equipment | $-191.63K | $-191.63K | $-179.21K | $-549.97K |
| Acquisitions Net | $95.24K | $95.24K | $-12.85M | $- |
| Purchases of Investments | $-348.23K | $-348.23K | $-68.99M | $-2.46M |
| Sales Maturities of Investments | $- | $- | $63.64M | $- |
| Other Investing Activities | $- | $- | $10.02M | $-10.00M |
| Net Cash Used for Investing Activities | $-444.63K | $-444.63K | $-8.36M | $-13.01M |
| Debt Repayment | $51.94M | $51.94M | $33.54M | $50.52M |
| Common Stock Issued | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- |
| Other Financing Activities | $-585.47K | $-585.47K | $82.22M | $26.33M |
| Net Cash Used Provided by Financing Activities | $51.35M | $51.35M | $115.76M | $76.85M |
| Effect of Forex Changes on Cash | $5.83M | $5.83M | $2.65M | $-3.23M |
| Net Change in Cash | $19.65M | $19.65M | $18.63M | $11.86M |
| Cash at End of Period | $96.90M | $96.90M | $77.25M | $58.62M |
| Cash at Beginning of Period | $77.25M | $77.25M | $58.62M | $46.76M |
| Operating Cash Flow | $-37.08M | $-37.08M | $-91.43M | $-48.75M |
| Capital Expenditure | $-191.63K | $-191.63K | $-179.21K | $-549.97K |
| Free Cash Flow | $-37.27M | $-37.27M | $-91.60M | $-49.30M |