Dingdong (Cayman) Limited

NYSE•DDL

CEO: Mr. Liang Changlin

Sector: Consumer Defensive

Industry: Grocery Stores

Listing Date: 2021-06-29

Dingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh groceries, including vegetables, meat and eggs, fruits, and seafood; prepared food, and other food products, such as baked goods, dairy, seasonings, beverages, instant food, oil, and snacks. It offers its products through traditional offline, as well as online channels through Dingdong Fresh app, mini-programs, and third-party platforms. Dingdong (Cayman) Limited was founded in 2017 and is headquartered in Shanghai, China.

Contact Information

Building 1, 56 Fanchang Road, Shanghai, 201201, China

86-21-6858-5011

www.100.me

Market Cap

$574.18M

P/E (TTM)

17.7

37.1

Dividend Yield

52W High

$3.41

52W Low

$1.65

52W Range

57%

Rank44Top 53.8%

3.7

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 3.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q4 2025 Data

Revenue

$868.53M+0.00%

4-Quarter Trend

EPS

$0.02+0.00%

4-Quarter Trend

FCF

$0.00+0.00%

4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Revenue Rebounds Strongly Total revenues reached US$ 3.16 B in 2024, showing strong growth after 2023 dip, primarily driven by user scale.

GAAP Profitability Achieved Recorded GAAP net income of US$ 41.7M in 2024, successfully reversing prior year net loss of $(91.3)M.

Non-GAAP Margin Expansion Non-GAAP net profit margin improved significantly to 1.8% in 2024, up from 0.2% in 2023, demonstrating efficiency gains.

Fulfillment Costs Optimized Fulfillment expenses decreased to 22.0% of revenues in 2024, reflecting improved operational efficiency across the network.

Risk Factors

Foreign Audit Scrutiny Continued uncertainty regarding PCAOB audit access; delisting risk persists if future inspections fail under HFCA Act requirements.

Rising Cost of Goods Sold Cost of goods sold increased slightly to 69.9% of revenues in 2024, putting pressure on gross margins despite revenue rebound.

Limited Operating History Limited operating history makes future growth rate maintenance uncertain; past performance is not indicative of future results.

Financing Cash Outflow Net cash used in financing activities totaled US$ 236.2M in 2024, driven by significant repayment of short-term borrowings.

Outlook

Fulfillment Network Expansion Opened 130 new frontline fulfillment stations in 2024, establishing foundation for 2025 operational efficiency goals.

Product Innovation Investment Focus on enhancing product capabilities and technology innovation to support sustainable growth and expand offerings, including private labels.

Efficiency First Strategy Maintain strategic focus on efficiency first, optimizing fulfillment network layout to reduce costs and improve operational efficiency long term.

Peer Comparison

Revenue (TTM)

DDL

$3.38B

+5.2%

VLGEA

$2.39B

+4.6%

BGS

$1.83B

-5.4%

Gross Margin (Latest Quarter)

USNA

88.8%

-5.2pp

VSTA

67.9%

+4.8pp

OTLY

34.5%

-0.0pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
MAMA	$645.17M	135.1	14.3%	26.9%
VLGEA	$637.74M	11.3	11.4%	32.0%
DDL	$574.18M	17.7	23.1%	34.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

4.9%

Moderate Growth

4Q Net Income CAGR

77.4%

Profitability Improved

Cash Flow Stability

50%

Cash Flow Needs Attention

Deep Research

Next earnings:May 14, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data