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DiDi Global (DiDi Global) Net Margin % : 2.18% (As of Dec. 2023)


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What is DiDi Global Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. DiDi Global's Net Income for the three months ended in Dec. 2023 was $151 Mil. DiDi Global's Revenue for the three months ended in Dec. 2023 was $6,921 Mil. Therefore, DiDi Global's net margin for the quarter that ended in Dec. 2023 was 2.18%.

The historical rank and industry rank for DiDi Global's Net Margin % or its related term are showing as below:

DIDIY' s Net Margin % Range Over the Past 10 Years
Min: -28.39   Med: -9.25   Max: 0.26
Current: 0.05


DIDIY's Net Margin % is ranked worse than
54.7% of 2757 companies
in the Software industry
Industry Median: 1.73 vs DIDIY: 0.05

DiDi Global Net Margin % Historical Data

The historical data trend for DiDi Global's Net Margin % 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.

* Premium members only.

DiDi Global Net Margin % Chart

DiDi Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -6.29 -7.42 -28.39 -16.89 0.26

DiDi Global Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.33 -2.23 -2.17 -0.04 2.18

Competitive Comparison of DiDi Global's Net Margin %

For the Software - Application subindustry, DiDi Global's Net Margin %, along with its competitors' market caps and Net Margin % 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.


DiDi Global's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, DiDi Global's Net Margin % distribution charts can be found below:

* The bar in red indicates where DiDi Global's Net Margin % falls into.



DiDi Global Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

DiDi Global's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=69.117/26943.211
=0.26 %

DiDi Global's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=150.976/6921.235
=2.18 %

* 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.


DiDi Global  (OTCPK:DIDIY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


DiDi Global Net Margin % Related Terms

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DiDi Global (DiDi Global) Business Description

Traded in Other Exchanges
Address
North Ring Road, Tangjialing, Building 1, Yard 6, Haidian District, Beijing, CHN
DiDi Global Inc is a mobility technology platform. It is building four key components of its platform that work together to improve the consumer experience: shared mobility, auto solutions, electric mobility, and autonomous driving. It is a go-to brand in China for shared mobility, providing consumers with a range of safe, affordable, and convenient mobility services, including ride-hailing, taxi-hailing, chauffeur, hitch, and other forms of shared mobility. The company operates in three segments: China Mobility, which mainly includes ride-hailing services to riders, and also acts as an agent by connecting end-users to service providers who provide taxi hailing, chauffeur, hitch, and other services; International; and Other Initiatives.