Delisting riskEarnings in 5d
DDC · AMEX · Packaged Foods

DDC Enterprise

Distributes convenient foods in China while accumulating Bitcoin as its primary treasury reserve asset.

$0.4040
After-hours close−0.02 (−4.47%)
At close$0.4229(−21.97%)
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Profile

DDC Enterprise LimitedDDCConsumer Staples

Sells private-label, ready-to-eat, plant-based, ready-to-cook, and ready-to-heat foods chiefly through distributors in mainland China. Its asset-light supply chain and financing-backed Bitcoin treasury combine a product-distribution business with a concentrated digital-asset balance sheet.

Distributes private-label products alongside ready-to-eat, plant-based, ready-to-cook, and ready-to-heat meal products, largely to distributors, retail chains, and supermarkets in mainland China. Online stores on third-party platforms serve individuals and small retailers directly. DayDayCook, Guomei, and Lashu are its primary registered trademarks.

Coordinates an asset-light food operation rather than owning an end-to-end supply chain, concentrating on product selection, brand and content, distributor relationships, and supply-chain coordination. Order-driven dropshipping and a centralized ERP connect outside manufacturers, inventory managers, logistics providers, and fulfillment.

Treats Bitcoin as its primary treasury reserve asset and funds acquisitions mainly through common equity, convertible preferred shares, convertible notes, and Bitcoin-secured loan facilities. Revenue is concentrated in mainland China, while the food business operates under PRC food-safety, e-commerce, advertising, customer-data, employment, and foreign-exchange regimes.

Company facts

CEONorma Ka Yin Chu
ListedNov 17, 2023
ExchangeAMEX
HeadquartersShanghai, China
CountryUnited States
Employees42
CIK0001808110
ISINKYG276AC1192

Key statistics

Market cap$10.0M
EPS (ttm)−$36.65
P/E (ttm)−0.0113
ROE-130.8%
P/B0.0081
P/S0.2461
Dividend yield
Beta2.55vs XLP 0.25

Year to date −80.0% · Average volume (30d) 798.2K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate−$0.06
ReportedDue Sep 3, 2026

Revenue

Estimate$11.4M
ReportedDue Sep 3, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jun 3, 2026−$0.07−$0.070.0%$10.7M$10.7M0.0%+5.08%
Nov 19, 2024$23.0M+2.93%
Dec 31, 2023−$24.20$16.4M−1.50%
Jun 30, 2023−$2.07$12.3M
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Financial highlights

4 quartersQ2 FY22Q4 FY22Q2 FY23Q4 FY23
Revenue$5.5M$9.9M$13.3M$17.3M
Gross profit$1.3M$2.4M$3.5M$4.2M
Operating income−$2.0M−$1.1M−$1.6M−$26.8M
Net income−$4.2M−$5.8M−$1.8M−$21.3M
Diluted EPS−$0.22−$0.30−$0.09−$17.84
Gross margin23.5%24.5%26.2%24.2%
Operating margin-36.0%-11.5%-12.1%-155.3%

Revenue by product · FY25

Product$40.8M · 100%

Revenue by geography · FY25

HONG KONG$414.8K · 100%

Balance sheet, Dec 31, 2025Cash & short-term investments $22.5M · Total debt $92.1M · Total assets $207.6M · Shareholders' equity $74.1M

Dividends

No dividends on record.

Ownership

Institutions 4.07%Insiders

Shares outstanding 24.18M · Float 5.02M · 20.8% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Anson Funds Management LP956.7K3.96%13FMay 19, 2026
XTX Topco Ltd16.5K0.07%13FMay 15, 2026
Morgan Stanley10.0K0.04%13FMay 15, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

  • Dingdong (ADR)

    Largest overlap in China prepared food and private-label grocery.

  • Strategy

    Largest Bitcoin-treasury peer in equity- and debt-funded accumulation.

CompareAfter-hours close

CompanyPriceChange
DDC Enterprise$0.4040−4.47%$10.0M0.2
Dingdong (ADR)$2.29+0.88%$491.6M6.20.3+14.5%
Strategy$127.88+0.46%$42.12B3.784.5+6.9%
Median6.23.742.4+10.7%