← DDC Enterprise Ltd
| Annual Trend | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash and cash equivalents | $26.8m | $78.8m | $61.0m | $21.1m | |
| Short-term investment | — | $104.1m | $130.1m | $130.4m | |
| Accounts receivable, net | $26.9m | $29.5m | $33.1m | $41.6m | |
| Inventories, net | $6.1m | $10.0m | $4.7m | $8.2m | |
| Prepayments and other current assets | $25.7m | $97.6m | $148.3m | $383.8m | |
| Total current assets | $155.6m | $320.5m | $377.1m | $585.1m | |
| Long-term investments | $22.4m | $14.1m | $8.5m | — | |
| Property, plant and equipment, net | $509k | $603k | $574k | $303k | |
| Intangible assets, net | $17.4m | $9.4m | $10.9m | $1.6m | |
| Goodwill | $18.8m | $40.4m | $26.6m | $5.0m | |
| Operating lease Right-of-use assets | $6.1m | $6.2m | $5.2m | $8.6m | |
| Restricted cash | $70.1m | $497k | — | $17k | |
| Digital assets | — | — | — | $730.2m | |
| Other non-current assets | $34.4m | $43.2m | $56.3m | $64.8m | |
| Short-term bank borrowings | $54.8m | $19.5m | $50.5m | $37.4m | |
| Current portion of long-term bank borrowings | $2.0m | $2.0m | $793k | $549k | |
| Contract liabilities | $6.3m | $13.8m | $12.4m | $14.0m | |
| Shareholder loans, at amortized cost | $76.1m | $56.9m | $84.3m | $16.5m | |
| Amounts due to related parties | $19.4m | $17.6m | $491k | $8.2m | |
| Accrued expenses and other current liabilities | $107.4m | $169.0m | $192.2m | $557.1m | |
| Current portion of lease liabilities | $1.4m | $2.6m | $2.0m | $2.0m | |
| Current portion of finance lease liabilities | — | $103k | $30k | — | |
| Convertible loans, at amortized cost | $19.0m | $3.5m | $3.5m | $137.5m | |
| Long-term bank borrowings | $1.7m | $5.5m | $4.5m | $3.9m | |
| Operating lease liabilities | $4.8m | $4.0m | $3.6m | $6.4m | |
| Convertible loans, at fair value | $3.9m | $8.0m | $10.1m | — | |
| Other non-current liabilities | $4.2m | $10.4m | $10.4m | $10.4m | |
| Ordinary shares value | $682k | $2.3m | $9.1m | $65.8m | |
| Convertible Preferred Shares | $58.6m | — | — | $230.5m | |
| Non-controlling interest | $14.4m | $21.6m | $34.8m | $53.5m | |
| Total non-current assets | $99.7m | $113.9m | $108.1m | $810.4m | |
| Total non-current liabilities | $112.6m | $92.3m | $32.3m | $175.9m | |
| Total shareholders’ equity attributable to DDC Enterprise Limited | ($1.5b) | $39.0m | $47.4m | $498.1m | |
| Total shareholders’ equity | ($1.5b) | $60.7m | $82.3m | $551.6m | |
| Total assets | $255.4m | $434.3m | $485.2m | $1.4b | |
| Accounts payable | $17.0m | $20.8m | $24.3m | $25.5m | |
| Total current liabilities | $261.8m | $281.4m | $370.6m | $668.0m | |
| Deferred tax liabilities | $3.4m | $3.8m | $3.8m | $1.3m | |
| Total liabilities | $374.4m | $373.7m | $402.9m | $844.0m | |
| Additional paid-in-capital | — | $1.8b | $2.0b | $2.5b | |
| Accumulated deficit | ($1.5b) | ($1.6b) | ($1.8b) | ($2.2b) | |
| Accumulated other comprehensive loss | ($83.1m) | ($135.6m) | ($131.8m) | ($125.8m) | |
| Total liabilities and shareholders’ equity | $255.4m | $434.3m | $485.2m | $1.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.