DDC (DDC Enterprise) Beneish M-Score: -0.26 (As of Jun. 25, 2026)


DDC DDC Enterprise Ltd DDC
11 GF Score
Price $1.05
! 8 Warning Signs
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What is DDC Enterprise Beneish M-Score?

DDC Enterprise DDC -3.67% 11 Beneish M-Score is -0.26 as of Jun. 25, 2026. GuruFocus rates DDC with a GF Score™ of 11/100. The stock has 8 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, DDC Enterprise ranks worse than 94.32% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Warning Sign:

Beneish M-Score -0.26 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for DDC Enterprise's Beneish M-Score or its related term are showing as below:

DDC' s Beneish M-Score Range Over the Past 10 Years
Min: -2.72   Med: -2.23   Max: -0.26
Current: -0.26

During the past 6 years, the highest Beneish M-Score of DDC Enterprise was -0.26. The lowest was -2.72. And the median was -2.23.

DDC Enterprise Beneish M-Score Historical Data

* Premium members only.

The historical data trend for DDC Enterprise's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DDC Enterprise Beneish M-Score Chart

DDC Enterprise Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 -2.72 -2.62 -1.83 -0.26

DDC Enterprise Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.62 -1.81 -1.83 0.00 -0.26

DDC vs UMEW, SRXH, HAIN: Beneish M-Score Comparison

For the Packaged Foods subindustry, DDC Enterprise's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DDC Enterprise Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DDC Enterprise's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where DDC Enterprise's Beneish M-Score falls into.


DDC
11GF Score
DDC Enterprise Ltd DDC
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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DDC Enterprise Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of DDC Enterprise for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 2.5818+0.528 * 0.9036+0.404 * 2.7232+0.892 * 1.0364+0.115 * 2.6116
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 2.1915+4.679 * 0.004865-0.327 * 0.7444
=-0.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $54.48 Mil.
Revenue was $38.91 Mil.
Gross Profit was $12.23 Mil.
Total Current Assets was $83.08 Mil.
Total Assets was $198.14 Mil.
Property, Plant and Equipment(Net PPE) was $1.26 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.26 Mil.
Selling, General, & Admin. Expense(SGA) was $43.42 Mil.
Total Current Liabilities was $94.85 Mil.
Long-Term Debt & Capital Lease Obligation was $23.32 Mil.
Net Income was $-50.65 Mil.
Gross Profit was $-12.20 Mil.
Cash Flow from Operations was $-39.41 Mil.
 Total Receivables was $20.36 Mil.
Revenue was $37.54 Mil.
Gross Profit was $10.66 Mil.
Total Current Assets was $51.80 Mil.
Total Assets was $66.64 Mil.
Property, Plant and Equipment(Net PPE) was $0.79 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.64 Mil.
Selling, General, & Admin. Expense(SGA) was $19.12 Mil.
Total Current Liabilities was $50.90 Mil.
Long-Term Debt & Capital Lease Obligation was $2.49 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(54.477 / 38.909) / (20.359 / 37.542)
=1.400113 / 0.542299
=2.5818

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(10.664 / 37.542) / (12.232 / 38.909)
=0.284055 / 0.314375
=0.9036

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (83.078 + 1.261) / 198.144) / (1 - (51.801 + 0.787) / 66.644)
=0.574355 / 0.210912
=2.7232

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=38.909 / 37.542
=1.0364

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(0.642 / (0.642 + 0.787)) / (0.262 / (0.262 + 1.261))
=0.449265 / 0.172029
=2.6116

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(43.421 / 38.909) / (19.117 / 37.542)
=1.115963 / 0.509216
=2.1915

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((23.323 + 94.847) / 198.144) / ((2.489 + 50.904) / 66.644)
=0.596384 / 0.801167
=0.7444

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-50.645 - -12.196 - -39.413) / 198.144
=0.004865

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

DDC Enterprise has a M-score of -0.26 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -0.26 mean?
DDC Enterprise (DDC) has a Beneish M-Score of -0.26 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on DDC Enterprise and its competitors. According to the industry distribution chart, DDC Enterprise ranks #1744 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 94.3%.
Is DDC Enterprise's Beneish M-Score too high?
DDC Enterprise's current Beneish M-Score is -0.26. Based on the distribution chart, DDC Enterprise ranks #1744 out of 1849 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, DDC Enterprise has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does DDC Enterprise's Beneish M-Score compare to UMEW and SRXH?
According to the Consumer Packaged Goods industry distribution chart, DDC Enterprise ranks #1744 out of 1849 companies for Beneish M-Score. This places DDC Enterprise in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on DDC Enterprise and its competitors. DDC Enterprise's current Beneish M-Score is -0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DDC Enterprise stock overvalued right now?
DDC Enterprise (DDC) has a current Beneish M-Score of -0.26. The current Beneish M-Score is -0.26. DDC Enterprise's overall GF Score™ is 11/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For DDC Enterprise (DDC), the current Beneish M-Score is -0.26 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

DDC Enterprise Business Description

Address 368 9th Avenue, 6th Floor, New York, NY, USA, 10001
DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat, ready-to-cook, ready-to-eat and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains, and other foods derived from plant-based protein, rather than animal protein while promoting healthier lifestyle choices to the Millennial and Generation Z customer-base. The company is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes. Geographically, the company operates and markets majorly in PRC.
11GF Score

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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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