← Dingdong (Cayman) Ltd
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying Value | $1.4b | $104.0m | $269.1m | $170.3m | $121.6m | $158.3m | |
| Prepaid Expense and Other Assets, Current | $97.9m | $72.5m | $24.7m | $26.4m | $23.4m | $26.7m | |
| Short-term Investments | $1.0b | $716.9m | $672.3m | $577.5m | $488.0m | $410.4m | |
| Cash and cash equivalents | $1.4b | $662.8m | $1.9b | $1.2b | $887.4m | $1.1b | |
| Accounts receivable, net of allowance for credit losses of RMB1,417 and RMB2,246 (US$308) as of December 31, 2023 and 2024, respectively | $38.8m | $191.5m | $141.5m | $107.9m | $125.9m | $191.9m | |
| Inventories, net | $386.4m | $537.5m | $604.9m | $471.9m | $553.6m | $570.5m | |
| Prepayments and other current assets | $97.9m | $461.8m | $170.3m | $187.5m | $170.8m | $186.7m | |
| Accounts Receivable | — | — | $141.5m | $107.9m | $125.9m | $191.9m | |
| Accrued Interest Receivable | — | — | $49.5m | $62.2m | $61.0m | $52.9m | |
| Allowance For Doubtful Accounts Receivable | — | — | ($23.3m) | ($1.4m) | ($2.2m) | ($4.0m) | |
| Cash Cash Equivalents And Short Term Investments | — | — | $6.5b | $5.3b | $4.4b | $4.0b | |
| Gross Accounts Receivable | — | — | $164.8m | $109.3m | $128.1m | $195.9m | |
| Non Current Prepaid Assets | — | — | $109.3m | $79.5m | $95.2m | $132.8m | |
| Other Current Assets | — | — | $44.0m | $50.0m | $51.9m | $53.6m | |
| Other Inventories | — | — | $50.4m | $17.3m | $19.5m | $19.9m | |
| Other Short Term Investments | — | — | $4.6b | $4.1b | $3.6b | $2.9b | |
| Prepaid Assets | — | — | $152.0m | $138.4m | $109.1m | $163.6m | |
| Taxes Receivable | — | — | $8.6m | $10.6m | $11.4m | $30.7m | |
| Inventory, Net | $386.4m | $84.3m | $87.7m | $66.5m | $75.8m | $81.6m | |
| Assets, Current | $3.0b | $1.0b | $1.1b | $866.3m | $735.0m | $720.7m | |
| Total current assets | $3.0b | $6.5b | $7.5b | $6.2b | $5.4b | $5.0b | |
| Property, Plant and Equipment, Net | $272.7m | $74.1m | $45.7m | $26.6m | $24.2m | $33.3m | |
| Operating Lease, Right-of-Use Asset | $1.5b | $352.4m | $206.6m | $177.8m | $200.7m | $226.0m | |
| Other Assets, Noncurrent | $121.5m | $29.2m | $21.1m | $13.6m | $15.3m | $23.3m | |
| Operating lease right-of-use assets | $1.5b | $2.2b | $1.4b | $1.3b | $1.5b | $1.6b | |
| Additional Financial Items | |||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $38.8m | $30.1m | $20.5m | $15.2m | $17.2m | $27.4m | |
| Restricted cash | $74.3m | $7.7m | $2.8m | $480k | $2.8m | $340k | |
| Advance to suppliers | $37.1m | $86.7m | $83.8m | $73.7m | $62.7m | $114.1m | |
| Other non-current assets, net of allowance for credit losses | $121.5m | $185.8m | $145.6m | $96.7m | $111.4m | $163.2m | |
| Total non-current assets | $1.9b | $2.9b | $1.9b | $1.5b | $1.8b | $2.0b | |
| Accrued expenses and other current liabilities | $857.7m | $653.3m | $811.0m | $656.4m | $767.1m | $760.6m | |
| Salary and welfare payable | $137.0m | $244.7m | $329.1m | $233.1m | $317.2m | $304.5m | |
| Operating lease liabilities, current | $594.8m | $969.5m | $693.5m | $653.5m | $640.2m | $664.3m | |
| Short-term borrowings | $1.2b | $3.1b | $4.2b | $3.3b | $1.6b | $871.5m | |
| Current portion of long-term borrowings | $86.5m | $57.9m | $0 | — | — | — | |
| Operating lease liabilities, non-current | $871.7m | $1.2b | $678.0m | $568.0m | $780.0m | $897.8m | |
| Other non-current liabilities | $0 | $69.4m | $75.0m | $126.2m | $143.1m | $147.6m | |
| Total non-current liabilities | $930.1m | $1.3b | $753.0m | $694.2m | $923.2m | $1.0b | |
| Ordinary shares | $50k | $4k | $4k | $4k | $4k | $4k | |
| Accumulated Depreciation | — | — | ($446.7m) | ($511.9m) | ($511.4m) | ($552.7m) | |
| Available For Sale Securities | — | — | — | — | $16.0m | $16.0m | |
| Capital Lease Obligations | — | — | $1.4b | $1.2b | $1.4b | $1.6b | |
| Construction In Progress | — | — | $28.1m | $18.2m | $21.8m | $17.3m | |
| Current Accrued Expenses | — | — | $684.8m | $485.9m | $574.3m | $554.1m | |
| Current Capital Lease Obligation | — | — | $693.5m | $653.5m | $640.2m | $664.3m | |
| Current Debt | — | — | $4.2b | $3.3b | $1.6b | $871.5m | |
| Current Debt And Capital Lease Obligation | — | — | $4.9b | $4.0b | $2.2b | $1.5b | |
| Current Deferred Liabilities | — | — | $284.8m | $240.3m | $279.3m | $273.3m | |
| Current Notes Payable | — | — | $0 | $970.9m | $830.0m | $370.0m | |
| Finished Goods | — | — | $554.4m | $454.5m | $534.1m | $550.6m | |
| Gross PPE | — | — | $2.2b | $2.0b | $2.2b | $2.4b | |
| Interest Payable | — | $14.7m | $14.7m | $3.5m | — | — | |
| Invested Capital | — | — | $4.5b | $3.7b | $2.4b | $1.9b | |
| Investmentin Financial Assets | — | — | — | — | $16.0m | $16.0m | |
| Investments And Advances | — | — | — | — | $16.0m | $16.0m | |
| Leases | — | — | $506.5m | $468.3m | $462.6m | $555.2m | |
| Line Of Credit | — | — | $665.0m | $230.0m | $140.0m | $330.0m | |
| Long Term Capital Lease Obligation | — | — | $678.0m | $568.0m | $780.0m | $897.8m | |
| Machinery Furniture Equipment | — | — | $227.1m | $214.5m | $203.3m | $212.9m | |
| Net Debt | — | $2.5b | $2.4b | $2.1b | $718.8m | — | |
| Net PPE | — | — | $1.7b | $1.5b | $1.6b | $1.8b | |
| Net Tangible Assets | — | — | $310.2m | $382.5m | $798.6m | $1.0b | |
| Ordinary Shares Number | — | — | $324.5m | $325.8m | $325.2m | $328.0m | |
| Other Current Borrowings | — | — | $3.6b | $2.1b | $636.3m | $171.5m | |
| Other Current Liabilities | — | — | — | $71.8m | $75.2m | $77.2m | |
| Other Equity Adjustments | — | — | ($11.9m) | $21.2m | $53.6m | $3.9m | |
| Other Non Current Assets | — | — | $36.3m | $17.2m | $214k | $14.4m | |
| Other Payable | — | — | $329.1m | $233.1m | $317.2m | $304.5m | |
| Other Properties | — | — | $1.4b | $1.3b | $1.5b | $1.6b | |
| Properties | — | — | $0 | $0 | $0 | $0 | |
| Raw Materials | — | $50.4m | $50.4m | — | — | — | |
| Share Issued | — | — | $324.5m | $354.3m | $354.3m | $354.3m | |
| Tangible Book Value | — | — | $310.2m | $382.5m | $798.6m | $1.0b | |
| Treasury Shares Number | — | — | — | $28.5m | $29.2m | $26.4m | |
| Working Capital | — | — | ($715.0m) | ($355.0m) | $94.7m | $245.5m | |
| TOTAL MEZZANINE EQUITY | $5.2b | $30.0m | $107.5m | $116.1m | $125.4m | $135.4m | |
| TOTAL SHAREHOLDERS' EQUITY | ($5.9b) | $728.1m | $310.2m | $382.5m | $798.6m | $1.0b | |
| Total Capitalization | — | — | $310.2m | $382.5m | $798.6m | $1.0b | |
| Total Debt | — | — | $5.6b | $4.5b | $3.0b | $2.4b | |
| Total Tax Payable | — | — | $94.4m | $98.7m | $117.6m | $129.2m | |
| Assets | $4.9b | $1.5b | $1.4b | $1.1b | $975.1m | $1.0b | |
| TOTAL ASSETS. | $4.9b | $9.4b | $9.4b | $7.7b | $7.1b | $7.0b | |
| LIABILITIES AND EQUITY | |||||||
| Current liabilities: | |||||||
| Operating Lease, Liability, Current | $594.8m | $152.1m | $100.5m | $92.0m | $87.7m | $95.0m | |
| Accounts Payable, Current | $1.6b | $323.0m | $273.5m | $200.3m | $227.5m | $274.6m | |
| Long-term Debt, Current Maturities | $86.5m | $9.1m | $0 | — | — | — | |
| Operating Lease, Liability, Noncurrent | $871.7m | $195.2m | $98.3m | $80.0m | $106.9m | $128.4m | |
| Long-term Debt, Excluding Current Maturities | $58.4m | $0 | $0 | — | — | — | |
| Deferred Revenue, Current | $140.4m | $38.2m | $36.7m | $33.8m | $38.3m | $39.1m | |
| Payables And Accrued Expenses | — | — | $3.0b | $2.2b | $2.7b | $2.9b | |
| Liabilities, Current | $4.7b | $1.2b | $1.2b | $916.3m | $722.1m | $685.6m | |
| Total current liabilities | $4.7b | $7.3b | $8.2b | $6.5b | $5.3b | $4.8b | |
| Other Liabilities, Noncurrent | $0 | $10.9m | $10.9m | $17.8m | $19.6m | $21.1m | |
| Long Term Debt And Capital Lease Obligation | — | — | $678.0m | $568.0m | $780.0m | $897.8m | |
| Deferred Tax Liabilities, Net | $354.3m | $86.8m | $50.4m | $43.4m | $48.8m | $55.8m | |
| Liabilities | $5.7b | $1.4b | $1.3b | $1.0b | $848.5m | $835.1m | |
| TOTAL LIABILITIES. | $5.7b | $8.7b | $9.0b | $7.2b | $6.2b | $5.8b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | $0 | $4.7m | $15.6m | $16.4m | $17.2m | $19.4m | |
| Redeemable Noncontrolling Interests | $0 | $30.0m | $107.5m | $116.1m | $125.4m | $135.4m | |
| Stockholders’ equity: | |||||||
| Common Stock, Value, Issued | $50k | — | — | — | — | — | |
| Additional Paid in Capital | $151.7m | $2.1b | $2.0b | $2.0b | $1.9b | $2.0b | |
| Retained Earnings (Accumulated Deficit) | ($6.0b) | ($2.0b) | ($2.0b) | ($1.9b) | ($1.8b) | ($1.9b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($23.0m) | ($28.9m) | ($1.7m) | $3.0m | $7.3m | $565k | |
| Treasury stock | $0 | ($7.0m) | ($20.7m) | ($20.7m) | ($51.2m) | ($60.0m) | |
| Accumulated deficit | ($6.0b) | ($12.8b) | ($13.6b) | ($13.7b) | ($13.4b) | ($13.2b) | |
| Accumulated other comprehensive income | ($23.0m) | ($184.2m) | ($11.9m) | $21.2m | $53.6m | $3.9m | |
| Capital Stock | — | — | $4k | $4k | $4k | $4k | |
| Gains Losses Not Affecting Retained Earnings | — | — | ($11.9m) | $21.2m | $53.6m | $3.9m | |
| Stockholders' Equity Attributable to Parent | ($5.9b) | $114.2m | $45.0m | $53.9m | $109.4m | $148.8m | |
| Minority Interest | — | — | $107.5m | $116.1m | $125.4m | $135.4m | |
| Total Equity Gross Minority Interest | — | — | $417.7m | $498.6m | $924.0m | $1.2b | |
| Total Non Current Liabilities Net Minority Interest | — | — | $753.0m | $694.2m | $923.2m | $1.0b | |
| Liabilities and Equity | $4.9b | $1.5b | $1.4b | $1.1b | $975.1m | $1.0b | |
| TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY | $4.9b | $9.4b | $9.4b | $7.7b | $7.1b | $7.0b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.