Balance Sheet Dingdong (Cayman) Limited

Equities

DDL

US25445D1019

Internet Services

Market Closed - Nyse Other stock markets 04:00:02 2024-12-09 pm EST			5-day change	1st Jan Change
4.680 ^USD	+6.12%		+6.61%	+212.00%

Nov. 06	Dingdong Limited, Q3 2024 Earnings Call, Nov 06, 2024
Nov. 06	Dingdong Limited Announces Management Change	CI

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Published financial data: DINGDONG (CAYMAN) LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	3.88B	11.34B	20.12B	24.22B	19.97B
Total Revenues	3.88B	11.34B	20.12B	24.22B	19.97B
Cost of Goods Sold, Total	3.22B	9.11B	16.08B	16.74B	13.85B
Gross Profit	665M	2.23B	4.04B	7.49B	6.12B
Selling General & Admin Expenses, Total	2.32B	5.07B	9.47B	7.2B	5.45B
R&D Expenses	91.14M	322M	905M	1B	803M
Other Operating Expenses	-	-	-	-19.53M	-43.17M
Other Operating Expenses, Total	2.41B	5.39B	10.37B	8.18B	6.21B
Operating Income	-1.74B	-3.16B	-6.33B	-696M	-89.26M
Interest Expense, Total	-58.13M	-38.76M	-85.15M	-134M	-98.95M
Interest And Investment Income	25.49M	16.24M	45.32M	93.04M	157M
Net Interest Expenses	-32.64M	-22.51M	-39.83M	-40.68M	58.53M
Other Non Operating Income (Expenses)	-99.4M	36.92M	-14.36M	3.33M	-269K
EBT, Excl. Unusual Items	-1.87B	-3.15B	-6.38B	-733M	-31M
Gain (Loss) On Sale Of Assets	-	-	-35.48M	-67.06M	-40.86M
Other Unusual Items	-	-29.14M	-	-	-
EBT, Incl. Unusual Items	-1.87B	-3.18B	-6.42B	-800M	-71.86M
Income Tax Expense	-	-	9.37M	6.74M	19.42M
Earnings From Continuing Operations	-1.87B	-3.18B	-6.43B	-807M	-91.28M
Net Income to Company	-1.87B	-3.18B	-6.43B	-807M	-91.28M
Net Income - (IS)	-1.87B	-3.18B	-6.43B	-807M	-91.28M
Preferred Dividend and Other Adjustments	121M	320M	288M	7.49M	8.6M
Net Income to Common Incl Extra Items	-1.99B	-3.5B	-6.72B	-814M	-99.88M
Net Income to Common Excl. Extra Items	-1.99B	-3.5B	-6.72B	-814M	-99.88M
Per Share Items
Net EPS - Basic	-48.68	-82.36	-51.75	-3.77	-0.46
Basic EPS - Continuing Operations	-48.68	-82.36	-51.75	-3.77	-0.46
Basic Weighted Average Shares Outstanding	40.96M	42.46M	130M	216M	217M
Net EPS - Diluted	-48.68	-82.36	-51.75	-3.77	-0.46
Diluted EPS - Continuing Operations	-48.68	-82.36	-51.75	-3.77	-0.46
Diluted Weighted Average Shares Outstanding	40.96M	42.46M	130M	216M	217M
Normalized Basic EPS	-28.58	-46.33	-30.74	-2.12	-0.09
Normalized Diluted EPS	-28.58	-46.33	-30.74	-2.12	-0.09
American Depositary Receipts Ratio (ADR)	1.5	1.5	1.5	1.5	1.5
Supplemental Items
EBITDA	-1.71B	-3.05B	-6.12B	-492M	65.74M
EBITA	-1.74B	-3.16B	-6.33B	-696M	-89.26M
EBIT	-1.74B	-3.16B	-6.33B	-696M	-89.26M
EBITDAR	-1.54B	-2.56B	-5.14B	575M	968M
Total Revenues (As Reported)	3.88B	11.34B	20.12B	24.22B	19.97B
Effective Tax Rate - (Ratio)	-	-	-0.15	-0.84	-27.03
Total Current Taxes	-	-	9.37M	6.74M	19.42M
Normalized Net Income	-1.17B	-1.97B	-3.99B	-458M	-19.37M
Interest on Long-Term Debt	39.5M	21.3M	-	-	-
Supplemental Operating Expense Items
Advertising Expense	130M	322M	1.02B	306M	157M
Selling and Marketing Expenses	260M	569M	1.51B	541M	393M
General and Administrative Expenses	118M	458M	683M	542M	359M
Research And Development Expense From Footnotes	91.14M	322M	905M	1B	803M
Net Rental Expense, Total	168M	482M	974M	1.07B	902M
Imputed Operating Lease Interest Expense	-	72.48M	161M	207M	141M
Imputed Operating Lease Depreciation	-	410M	813M	859M	761M
Stock-Based Comp., R&D Exp. (Total)	1.04M	4.37M	42.67M	114M	70.16M
Stock-Based Comp., S&M Exp. (Total)	174K	532K	6.93M	8.14M	2.87M
Stock-Based Comp., G&A Exp. (Total)	515K	146M	233M	67.79M	35.04M
Stock-Based Comp., SG&A Exp. (Total)	258K	1.97M	32.67M	45.98M	28.57M
Total Stock-Based Compensation	1.99M	153M	315M	236M	137M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	939M	1.38B	663M	1.86B	1.21B
Short Term Investments	241M	1.01B	4.57B	4.64B	4.1B
Total Cash And Short Term Investments	1.18B	2.38B	5.23B	6.49B	5.31B
Accounts Receivable, Total	12.3M	38.8M	192M	141M	108M
Other Receivables	-	-	-	49.49M	62.16M
Notes Receivable	-	10.1M	-	-	-
Total Receivables	12.3M	48.9M	192M	191M	170M
Inventory	161M	386M	537M	605M	472M
Restricted Cash	-	74.3M	7.66M	2.76M	480K
Other Current Assets, Total	102M	135M	549M	205M	199M
Total Current Assets	1.46B	3.03B	6.52B	7.5B	6.15B
Gross Property Plant And Equipment	660M	1.91B	3.05B	2.19B	1.96B
Accumulated Depreciation	-43M	-133M	-328M	-447M	-512M
Net Property Plant And Equipment	617M	1.78B	2.72B	1.74B	1.45B
Other Long-Term Assets, Total	40.06M	121M	186M	146M	96.69M
Total Assets	2.11B	4.92B	9.42B	9.38B	7.7B
Liabilities
Accounts Payable, Total	775M	1.58B	2.06B	1.89B	1.42B
Accrued Expenses, Total	299M	599M	869M	1.11B	854M
Short-term Borrowings	190M	1.23B	3.12B	4.24B	3.3B
Current Portion of Long-Term Debt	423M	86.5M	57.88M	-	-
Current Portion of Leases	228M	595M	969M	693M	654M
Unearned Revenue Current, Total	70.29M	140M	243M	253M	240M
Other Current Liabilities	392M	504M	29.44M	31.78M	35.52M
Total Current Liabilities	2.38B	4.74B	7.35B	8.21B	6.51B
Long-Term Debt	193M	58.38M	-	-	-
Long-Term Leases	247M	872M	1.24B	678M	568M
Unearned Revenue Non Current	-	-	-	60M	92M
Other Non Current Liabilities	-	-	69.37M	15M	34.21M
Total Liabilities	2.82B	5.67B	8.66B	8.96B	7.2B
Preferred Stock Convertible	1.78B	5.17B	-	-	-
Total Preferred Equity	1.78B	5.17B	-	-	-
Common Stock, Total	1K	1K	4K	4K	4K
Additional Paid In Capital	30.96M	152M	13.69B	13.92B	14.06B
Retained Earnings	-2.55B	-6.05B	-12.77B	-13.58B	-13.68B
Treasury Stock	-	-	-7.04M	-20.67M	-20.67M
Comprehensive Income and Other	30.41M	-22.96M	-184M	-11.89M	21.17M
Total Common Equity	-2.49B	-5.92B	728M	310M	383M
Minority Interest	-	-	30M	107M	116M
Total Equity	-706M	-745M	758M	418M	499M
Total Liabilities And Equity	2.11B	4.92B	9.42B	9.38B	7.7B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	40.96M	43.27M	216M	216M	217M
ECS Total Common Shares Outstanding	40.96M	43.27M	216M	216M	217M
Book Value / Share	-60.78	-136.8	3.36	1.43	1.76
Tangible Book Value	-2.49B	-5.92B	728M	310M	383M
Tangible Book Value Per Share	-60.78	-136.8	3.36	1.43	1.76
Total Debt	1.28B	2.85B	5.39B	5.61B	4.52B
Net Debt	102M	463M	161M	-883M	-787M
Debt Equivalent Oper. Leases	1.34B	3.86B	7.79B	8.54B	7.22B
Minority Interest, Total (Incl. Fin. Div)	-	-	30M	107M	116M
Account Code - Inventory Valuation	-	6	6	6	6
Inventories - Raw Materials, Total	14.94M	57.37M	50.41M	50.44M	17.32M
Inventories - Finished Goods, Total	147M	329M	487M	554M	455M
Machinery, Total	88.85M	140M	236M	227M	215M
Full Time Employees	-	3.1K	4K	3.36K	3.02K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	23.3M	1.42M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-1.87B	-3.18B	-6.43B	-807M	-91.28M
Depreciation & Amortization - CF	34.73M	115M	213M	204M	155M
Depreciation & Amortization, Total	34.73M	115M	213M	204M	155M
(Gain) Loss From Sale Of Asset	-	16.48M	35.48M	67.06M	40.86M
Stock-Based Compensation (CF)	1.99M	153M	315M	236M	137M
Provision and Write-off of Bad Debts	-	-	-	26.23M	3.98M
Other Operating Activities, Total	144M	74.07M	36.77M	-31.1M	1.96M
Change In Accounts Receivable	-11.84M	-26.51M	-153M	26.75M	36.22M
Change In Inventories	-133M	-240M	-201M	-64.54M	143M
Change In Accounts Payable	641M	805M	479M	-172M	-465M
Change in Unearned Revenues	66.66M	70.11M	103M	9.53M	-12.73M
Change in Other Net Operating Assets	165M	153M	-66.59M	592M	-184M
Cash from Operations	-964M	-2.06B	-5.67B	87.37M	-235M
Capital Expenditure	-125M	-248M	-452M	-127M	-83.33M
Sale of Property, Plant, and Equipment	-	1.16M	547K	5.78M	26.24M
Investment in Marketable and Equity Securities, Total	-60.82M	-764M	-3.62B	73.98M	576M
Other Investing Activities, Total	-	-10.1M	10.1M	-	-
Cash from Investing	-186M	-1.02B	-4.07B	-47.13M	519M
Short Term Debt Issued, Total	1.05B	1.6B	9.56B	13.78B	11.89B
Long-Term Debt Issued, Total	577M	128M	-	-	-
Total Debt Issued	1.63B	1.73B	9.56B	13.78B	11.89B
Short Term Debt Repaid, Total	-907M	-210M	-7.69B	-12.67B	-12.82B
Long-Term Debt Repaid, Total	-7.5M	-35.62M	-87M	-57.88M	-
Total Debt Repaid	-914M	-246M	-7.78B	-12.72B	-12.82B
Issuance of Common Stock	-	-	590M	1.07M	3.34M
Repurchase of Common Stock	-	-	-2.91M	-17.74M	-
Issuance of Preferred Stock	961M	2.17B	6.65B	-	-
Other Financing Activities, Total	-	-	30M	70M	-
Cash from Financing	1.68B	3.66B	9.04B	1.11B	-934M
Foreign Exchange Rate Adjustments	34.67M	-67.86M	-90.78M	35.9M	456K
Net Change in Cash	561M	512M	-780M	1.19B	-649M
Supplemental Items
Cash Interest Paid	18.65M	13.04M	77.1M	134M	104M
Levered Free Cash Flow	-	-1.06B	-4.2B	156M	-475M
Unlevered Free Cash Flow	-	-1.04B	-4.14B	240M	-413M
Change In Net Working Capital	-	-918M	264M	-362M	566M
Net Debt Issued / Repaid	715M	1.49B	1.78B	1.06B	-938M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-	-56.17	-55.16	-4.63	-0.65
Return on Total Capital	-	-147.63	-95.89	-7.14	-1.01
Return On Equity %	-	438.06	-95.94K	-137.26	-19.92
Return on Common Equity	-	83.18	258.79	-156.87	-28.84
Margin Analysis
Gross Profit Margin %	17.14	19.68	20.1	30.9	30.66
SG&A Margin	59.67	44.73	47.06	29.72	27.3
EBITDA Margin %	-43.98	-26.88	-30.4	-2.03	0.33
EBITA Margin %	-44.88	-27.9	-31.46	-2.87	-0.45
EBIT Margin %	-44.88	-27.9	-31.46	-2.87	-0.45
Income From Continuing Operations Margin %	-48.28	-28.03	-31.95	-3.33	-0.46
Net Income Margin %	-48.28	-28.03	-31.95	-3.33	-0.46
Net Avail. For Common Margin %	-51.39	-30.85	-33.38	-3.36	-0.5
Normalized Net Income Margin	-30.18	-17.36	-19.83	-1.89	-0.1
Levered Free Cash Flow Margin	-	-9.37	-20.86	0.65	-2.38
Unlevered Free Cash Flow Margin	-	-9.16	-20.59	0.99	-2.07
Asset Turnover
Asset Turnover	-	3.22	2.81	2.58	2.34
Fixed Assets Turnover	-	9.48	8.95	10.87	12.52
Receivables Turnover (Average Receivables)	-	443.65	174.72	145.48	160.19
Inventory Turnover (Average Inventory)	-	33.24	34.8	29.3	25.72
Short Term Liquidity
Current Ratio	0.61	0.64	0.89	0.91	0.95
Quick Ratio	0.5	0.51	0.74	0.81	0.84
Operating Cash Flow to Current Liabilities	-0.41	-0.43	-0.77	0.01	-0.04
Days Sales Outstanding (Average Receivables)	-	0.82	2.09	2.51	2.28
Days Outstanding Inventory (Average Inventory)	-	11.01	10.49	12.46	14.19
Average Days Payable Outstanding	-	46.19	40.92	42.85	44.03
Cash Conversion Cycle (Average Days)	-	-34.36	-28.34	-27.88	-27.56
Long Term Solvency
Total Debt/Equity	-181.66	-382.17	711.35	1.34K	906.85
Total Debt / Total Capital	222.46	135.44	87.67	93.07	90.07
LT Debt/Equity	-62.4	-124.9	164.11	162.33	113.92
Long-Term Debt / Total Capital	76.42	44.26	20.23	11.25	11.31
Total Liabilities / Total Assets	133.41	115.12	91.95	95.55	93.52
EBIT / Interest Expense	-29.96	-81.59	-74.34	-5.2	-0.9
EBITDA / Interest Expense	-26.48	-66.16	-60.4	4.3	9.78
(EBITDA - Capex) / Interest Expense	-28.62	-72.57	-65.7	3.35	8.94
Total Debt / EBITDA	-0.83	-1.11	-1.05	9.75	4.67
Net Debt / EBITDA	-0.07	-0.18	-0.03	-1.54	-0.81
Total Debt / (EBITDA - Capex)	-0.77	-1.01	-0.96	12.51	5.11
Net Debt / (EBITDA - Capex)	-0.06	-0.16	-0.03	-1.97	-0.89
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	192.15	77.5	20.38	-17.55
Gross Profit, 1 Yr. Growth %	-	235.44	81.35	85.06	-18.2
EBITDA, 1 Yr. Growth %	-	78.53	100.76	-91.94	-112.44
EBITA, 1 Yr. Growth %	-	81.6	100.18	-88.98	-87.82
EBIT, 1 Yr. Growth %	-	81.6	100.18	-88.98	-87.82
Earnings From Cont. Operations, 1 Yr. Growth %	-	69.58	102.37	-87.45	-88.69
Net Income, 1 Yr. Growth %	-	69.58	102.37	-87.45	-88.69
Normalized Net Income, 1 Yr. Growth %	-	68.03	102	-88.52	-95.77
Diluted EPS Before Extra, 1 Yr. Growth %	-	69.2	-37.17	-92.72	-87.76
Accounts Receivable, 1 Yr. Growth %	-	215.56	393.54	-26.13	-23.74
Inventory, 1 Yr. Growth %	-	139.35	39.09	12.54	-21.99
Net Property, Plant and Equip., 1 Yr. Growth %	-	187.93	53.04	-35.98	-16.6
Total Assets, 1 Yr. Growth %	-	133.1	91.29	-0.4	-17.94
Tangible Book Value, 1 Yr. Growth %	-	137.76	-112.3	-57.4	23.33
Common Equity, 1 Yr. Growth %	-	137.76	-112.3	-57.4	23.33
Cash From Operations, 1 Yr. Growth %	-	113.19	175.65	-101.54	-368.53
Capital Expenditures, 1 Yr. Growth %	-	99.08	81.75	-71.9	-34.33
Levered Free Cash Flow, 1 Yr. Growth %	-	-	294.95	-103.74	-456.59
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	299.04	-105.81	-290.65
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	127.72	46.17	-0.37
Gross Profit, 2 Yr. CAGR %	-	-	146.64	83.19	23.04
EBITDA, 2 Yr. CAGR %	-	-	89.32	-59.71	-89.64
EBITA, 2 Yr. CAGR %	-	-	90.66	-52.95	-88.13
EBIT, 2 Yr. CAGR %	-	-	90.66	-52.95	-88.13
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	85.25	-49.6	-88.08
Net Income, 2 Yr. CAGR %	-	-	85.25	-49.6	-88.08
Normalized Net Income, 2 Yr. CAGR %	-	-	84.6	-51.84	-93.03
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	3.1	-78.62	-90.56
Accounts Receivable, 2 Yr. CAGR %	-	-	294.64	90.93	-24.95
Inventory, 2 Yr. CAGR %	-	-	82.46	25.11	-6.3
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	109.92	-1.01	-26.93
Total Assets, 2 Yr. CAGR %	-	-	111.16	38.03	-9.6
Tangible Book Value, 2 Yr. CAGR %	-	-	-45.92	-77.11	-27.52
Common Equity, 2 Yr. CAGR %	-	-	-45.92	-77.11	-27.52
Cash From Operations, 2 Yr. CAGR %	-	-	142.41	-79.38	-79.65
Capital Expenditures, 2 Yr. CAGR %	-	-	90.22	-28.54	-57.05
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-61.42	-66.35
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-51.65	-68.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	84.13	20.78
Gross Profit, 3 Yr. CAGR %	-	-	-	124.12	40.02
EBITDA, 3 Yr. CAGR %	-	-	-	-33.96	-72.1
EBITA, 3 Yr. CAGR %	-	-	-	-26.35	-69.49
EBIT, 3 Yr. CAGR %	-	-	-	-26.35	-69.49
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-24.48	-69.37
Net Income, 3 Yr. CAGR %	-	-	-	-24.48	-69.37
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-26.86	-78.6
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-57.39	-82.25
Accounts Receivable, 3 Yr. CAGR %	-	-	-	125.75	40.61
Inventory, 3 Yr. CAGR %	-	-	-	55.31	6.89
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	41.3	-6.51
Total Assets, 3 Yr. CAGR %	-	-	-	64.37	16.06
Tangible Book Value, 3 Yr. CAGR %