← Dingdong (Cayman) Ltd
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Net Income From Continuing Operations | — | — | — | ($806.9m) | ($91.3m) | $304.4m | $231.7m | |
| Net Income (Loss) Attributable to Parent | — | ($3.2b) | ($1.0b) | ($117.0m) | ($12.9m) | $41.7m | $33.1m | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | ($3.5b) | ($1.1b) | ($118.1m) | ($14.1m) | $40.4m | $31.7m | |
| Depreciation, Depletion and Amortization | $34.7m | $115.4m | $33.4m | $29.6m | $21.8m | $15.7m | $13.9m | |
| Depreciation, Depletion and Amortization | $34.7m | $115.4m | $33.4m | $29.6m | $21.8m | $15.7m | $13.9m | |
| Depreciation | $34.7m | $115.4m | $33.4m | $29.6m | $21.8m | $15.7m | $13.9m | |
| Depreciation Amortization Depletion | — | — | — | $204.2m | $155.0m | $114.6m | $97.5m | |
| Deferred Income Tax Expense (Benefit) | — | $0 | $0 | $0 | $0 | $0 | $0 | |
| Share-based Payment Arrangement, Noncash Expense | — | $153.1m | $49.5m | $34.2m | $19.2m | $16.2m | $11.2m | |
| Share-based Payment Arrangement, Expense | — | $153.1m | $49.5m | $34.2m | $19.2m | $16.2m | $11.2m | |
| Share-based compensation | $2.0m | $153.1m | $315.4m | $235.9m | $136.6m | $118.5m | $78.4m | |
| Proceeds from exercise of share-based awards | — | $0 | $0 | $1.1m | $3.3m | $548k | $184k | |
| Gain (Loss) on Extinguishment of Debt | — | ($29.1m) | $0 | $0 | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | $0 | ($16.5m) | ($5.6m) | ($9.7m) | ($5.8m) | ($1.1m) | ($265k) | |
| Income Tax Expense (Benefit) | — | $0 | $1.5m | $977k | $2.7m | $2.2m | $1.3m | |
| Other Nonoperating Income (Expense) | — | — | — | $482k | ($38k) | ($174k) | $59k | |
| Operating lease liabilities | $350.3m | $991.0m | $747.1m | ($842.1m) | ($149.9m) | ($721.0m) | ($691.0m) | |
| Proceeds from redemption of debt and equity investments | — | — | $0 | $0 | $9.0m | $0 | $0 | |
| Changes in operating assets and liabilities: | ||||||||
| Additional Financial Items | ||||||||
| Increase (Decrease) in Accounts Receivable | — | $26.5m | $24.0m | ($3.9m) | ($5.1m) | $2.6m | $9.8m | |
| Increase (Decrease) in Inventories | — | $225.0m | $23.7m | $9.8m | ($18.7m) | $11.2m | $2.4m | |
| Increase (Decrease) in Accounts Payable | — | $804.8m | $75.1m | ($24.9m) | ($65.4m) | $32.6m | $37.2m | |
| Accrued capital expenditures | — | $248.5m | $70.9m | $18.4m | $11.7m | $13.4m | $25.4m | |
| Accretion Expense | — | $21.3m | $0 | $0 | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($35.0m) | $1.2m | $5.4m | ($276k) | ($271k) | ($183k) | |
| Investment Income, Interest | — | $16.2m | $7.1m | $13.5m | $22.2m | $21.2m | $18.0m | |
| Operating Costs and Expenses | — | $14.5b | $4.2b | $3.6b | $2.8b | $3.1b | $3.5b | |
| Proceeds from Contributions from Parent | — | $158.5m | $0 | $0 | — | — | — | |
| Net (loss)/income | ($1.9b) | ($3.2b) | ($6.4b) | ($806.9m) | ($91.3m) | $304.4m | $231.7m | |
| Foreign exchange gain | $4.0m | $35.0m | ($7.7m) | ($36.9m) | $2.0m | $2.0m | $1.3m | |
| Allowance for credit losses | — | $0 | $0 | $26.2m | $4.0m | $4.0m | $3.6m | |
| Other non-cash charges | — | $0 | $0 | $5.8m | $0 | $0 | — | |
| Accounts receivable | ($11.8m) | ($26.5m) | ($152.7m) | $26.8m | $36.2m | ($18.7m) | ($68.3m) | |
| Inventories | ($131.7m) | ($225.0m) | ($151.0m) | ($67.4m) | $133.0m | ($81.7m) | ($16.9m) | |
| Advance to suppliers | ($1.1m) | ($14.6m) | ($49.6m) | $2.9m | $10.1m | $11.0m | ($51.4m) | |
| Prepayments and other current assets | ($55.7m) | ($18.3m) | ($364.0m) | $292.3m | ($26.6m) | $13.4m | ($17.0m) | |
| Other non-current assets | ($29.2m) | ($80.0m) | ($49.2m) | $78.9m | $33.0m | ($15.6m) | ($2.6m) | |
| Accounts payable | $640.9m | $804.8m | $478.7m | ($171.9m) | ($464.5m) | $238.3m | $259.9m | |
| Salary and welfare payable | $30.4m | $93.9m | $107.8m | $84.4m | ($96.0m) | $84.1m | ($12.6m) | |
| Customer advances and deferred revenue | $66.7m | $70.1m | $103.1m | $9.5m | ($12.7m) | $39.0m | ($6.0m) | |
| Accrued expenses and other current liabilities | $222.8m | $182.4m | $164.6m | $152.6m | ($135.4m) | $95.0m | $5.0m | |
| Other non-current liabilities | — | $0 | $69.4m | $5.6m | $51.2m | $16.9m | $4.5m | |
| Acquisition of other investments | — | — | — | — | $0 | $0 | ($6.9m) | |
| Proceeds from short-term borrowings | $845.6m | $1.4b | $9.6b | $13.8b | $11.9b | $8.4b | $5.0b | |
| Repayment of short-term borrowings | ($906.6m) | ($210.1m) | ($7.7b) | ($12.7b) | ($12.8b) | ($10.1b) | ($5.7b) | |
| Repurchase of ordinary shares | — | $0 | ($2.9m) | ($17.7m) | $0 | ($30.5m) | ($8.8m) | |
| Purchase of property and equipment included in accrued expenses and other liabilities | $1.5m | $29.5m | $12.3m | $9.2m | $32.0m | $15.7m | $36.1m | |
| Issuance of Series C1 redeemable convertible preferred shares upon conversion of convertible notes | $0 | $628.7m | $0 | $0 | — | — | — | |
| Issuance of Series B4-1 redeemable convertible preferred shares upon exercise of warrants held by the Founder | $0 | $203.8m | $0 | $0 | — | — | — | |
| Issuance of Series B4 redeemable convertible preferred shares upon exercise of warrants | — | $0 | $359.8m | $0 | $0 | — | — | |
| Issuance of Series C1 redeemable convertible preferred shares upon the extinguishment of advance from shareholders | — | $0 | $158.5m | $0 | $0 | — | — | |
| Beginning Cash Position | — | — | — | $670.4m | $1.9b | $1.2b | $890.2m | |
| Cash Flow From Continuing Financing Activities | — | — | — | $1.1b | ($934.4m) | ($1.7b) | ($743.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | ($47.1m) | $519.3m | $475.5m | $429.6m | |
| Change In Account Payable | — | — | — | ($171.9m) | ($464.5m) | $238.3m | $259.9m | |
| Change In Accrued Expense | — | — | — | $152.6m | ($135.4m) | $95.0m | $5.0m | |
| Change In Inventory | — | — | — | ($67.4m) | $133.0m | ($81.7m) | ($16.9m) | |
| Change In Other Current Assets | — | — | — | $1.0b | $823.0m | $701.5m | $714.9m | |
| Change In Other Current Liabilities | — | — | — | ($940.8m) | ($748.8m) | ($704.1m) | ($686.5m) | |
| Change In Other Working Capital | — | — | — | $9.5m | ($12.7m) | $39.0m | ($6.0m) | |
| Change In Payable | — | — | — | ($87.6m) | ($560.5m) | $322.4m | $247.2m | |
| Change In Payables And Accrued Expense | — | — | — | $65.1m | ($695.9m) | $417.4m | $252.3m | |
| Change In Prepaid Assets | — | — | — | $295.2m | ($16.5m) | $24.4m | ($68.4m) | |
| Change In Receivables | — | — | — | $26.8m | $36.2m | ($18.7m) | ($68.3m) | |
| Change In Working Capital | — | — | — | $392.0m | ($481.8m) | $377.7m | $121.1m | |
| Changes In Account Receivables | — | — | — | $26.8m | $36.2m | ($18.7m) | ($68.3m) | |
| Changes In Cash | — | — | — | $1.2b | ($649.7m) | ($319.4m) | $221.8m | |
| End Cash Position | — | — | — | $1.9b | $1.2b | $890.2m | $1.1b | |
| Financing Cash Flow | — | — | — | $1.1b | ($934.4m) | ($1.7b) | ($743.3m) | |
| Free Cash Flow | — | — | — | ($39.5m) | ($317.9m) | $830.9m | $357.8m | |
| Gain Loss On Sale Of PPE | — | — | — | $67.1m | $40.9m | $7.8m | $1.9m | |
| Investing Cash Flow | — | — | — | ($47.1m) | $519.3m | $475.5m | $429.6m | |
| Issuance Of Capital Stock | — | — | $7.2b | $0 | $0 | — | — | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | ($36.9m) | $2.0m | $2.0m | $1.3m | |
| Net PPE Purchase And Sale | — | — | — | ($121.1m) | ($57.1m) | ($93.1m) | ($174.7m) | |
| Net Preferred Stock Issuance | — | — | $6.6b | $0 | $0 | — | — | |
| Operating Gains Losses | — | — | — | $30.1m | $42.8m | $9.8m | $3.1m | |
| Preferred Stock Issuance | — | — | $6.6b | $0 | $0 | — | — | |
| Proceeds From Stock Option Exercised | — | — | — | $1.1m | $3.3m | $548k | $184k | |
| Provisionand Write Offof Assets | — | — | — | $26.2m | $4.0m | $4.0m | $3.6m | |
| Purchase Of PPE | — | — | — | ($126.9m) | ($83.3m) | ($98.2m) | ($177.8m) | |
| Repurchase Of Capital Stock | — | — | — | ($17.7m) | $0 | ($30.5m) | ($8.8m) | |
| Sale Of PPE | — | — | — | $5.8m | $26.2m | $5.1m | $3.1m | |
| Stock Based Compensation | — | — | — | $235.9m | $136.6m | $118.5m | $78.4m | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | $11.5m | $7.0m | — | — | — | — | |
| Other Operating Income (Expense), Net | — | — | — | ($6.9m) | $326k | $12.7m | $20.7m | |
| Net Cash Provided by (Used in) Operating Activities | ($964.3m) | ($2.1b) | ($889.2m) | $12.7m | ($33.0m) | $127.3m | $76.6m | |
| Cash flows from investing activities: | ||||||||
| Payments to Acquire Property, Plant, and Equipment | ($124.8m) | $248.5m | $70.9m | $18.4m | $11.7m | $13.4m | $25.4m | |
| Purchases of short-term investments and time deposits | ($1.1b) | ($1.3b) | ($9.1b) | ($6.5b) | ($8.2b) | ($5.7b) | ($4.7b) | |
| Net Investment Purchase And Sale | — | — | — | $74.0m | $576.4m | $568.6m | $604.3m | |
| Purchase Of Investment | — | — | — | ($6.5b) | ($8.2b) | ($5.7b) | ($4.7b) | |
| Maturities of short-term investments and time deposits | — | — | — | — | $8.7b | $6.3b | $5.3b | |
| Sale Of Investment | — | — | — | $6.6b | $8.7b | $6.3b | $5.3b | |
| Net cash generated from investing activities | ($185.6m) | ($1.0b) | ($4.1b) | ($47.1m) | $519.3m | $475.5m | $429.6m | |
| Net Cash Provided by (Used in) Investing Activities | — | ($1.0b) | ($637.9m) | ($6.8m) | $73.1m | $65.1m | $61.4m | |
| Cash flows from financing activities: | ||||||||
| Proceeds from Issuance of Long-term Debt | — | $128.0m | $0 | $0 | — | — | — | |
| Issuance Of Debt | — | — | — | $13.8b | $11.9b | $8.4b | $5.0b | |
| Long Term Debt Issuance | — | — | $0 | $0 | — | — | — | |
| Net Issuance Payments Of Debt | — | — | — | $1.1b | ($937.8m) | ($1.7b) | ($734.7m) | |
| Net Long Term Debt Issuance | — | — | ($87.0m) | ($57.9m) | $0 | $0 | — | |
| Net Short Term Debt Issuance | — | — | — | $1.1b | ($937.8m) | ($1.7b) | ($734.7m) | |
| Short Term Debt Issuance | — | — | — | $13.8b | $11.9b | $8.4b | $5.0b | |
| Repayments of Long-term Debt | — | $35.6m | $13.7m | $8.4m | $0 | $0 | — | |
| Long Term Debt Payments | — | — | ($87.0m) | ($57.9m) | $0 | $0 | — | |
| Repayment Of Debt | — | — | — | ($12.7b) | ($12.8b) | ($10.1b) | ($5.7b) | |
| Short Term Debt Payments | — | — | — | ($12.7b) | ($12.8b) | ($10.1b) | ($5.7b) | |
| Common Stock Issuance | — | — | $590.0m | $0 | $0 | — | — | |
| Net Common Stock Issuance | — | — | — | ($17.7m) | $0 | ($30.5m) | ($8.8m) | |
| Common Stock Payments | — | — | — | ($17.7m) | $0 | ($30.5m) | ($8.8m) | |
| Net Other Financing Charges | — | — | $9.6m | $70.0m | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $1.7b | $3.7b | $1.4b | $161.3m | ($131.6m) | ($236.2m) | ($106.3m) | |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | $34.7m | ($67.9m) | ($90.8m) | $35.9m | $456k | ($94k) | ($4.9m) | |
| Effect Of Exchange Rate Changes | — | — | — | $35.9m | $456k | ($94k) | ($4.9m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $511.9m | ($122.4m) | $172.3m | ($91.4m) | ($43.8m) | $31.0m | |
| Net (decrease)/increase in cash and cash equivalents and restricted cash | $561.0m | $511.9m | ($780.0m) | $1.2b | ($649.2m) | ($319.5m) | $216.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $227.6m | $105.2m | $269.5m | $170.4m | $122.0m | $158.3m | |
| Cash and cash equivalents and restricted cash at the beginning of the year | $938.6m | $1.5b | $670.4m | $1.9b | $1.2b | $890.2m | $1.1b | |
| Cash and cash equivalents | $938.6m | $1.4b | $662.8m | $1.9b | $1.2b | $887.4m | $1.1b | |
| Restricted cash | $0 | $74.3m | $7.7m | $2.8m | $480k | $2.8m | $340k | |
| Supplemental disclosure of cash flow information: | ||||||||
| Change In Cash Supplemental As Reported | — | — | — | $1.2b | ($649.2m) | ($319.5m) | $216.9m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $18.7m | $13.0m | $12.1m | $19.4m | $14.6m | $6.4m | $2.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.