DDC (DDC Enterprise) Operating Income: $-31.99 Mil (TTM As of Dec. 2025)


DDC DDC Enterprise Ltd DDC
11 GF Score
Price $0.79
! 8 Warning Signs
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What is DDC Enterprise Operating Income?

DDC Enterprise DDC -5.41% 11 Operating Income is $-31.99 Mil as of Dec. 2025. GuruFocus rates DDC with a GF Score™ of 11/100. The stock has 8 warning signs investors should review.

DDC Enterprise's Operating Income for the six months ended in Dec. 2025 was $-34.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-31.99 Mil.

Warning Sign:

DDC Enterprise Ltd has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. DDC Enterprise's Operating Income for the six months ended in Dec. 2025 was $-34.01 Mil. DDC Enterprise's Revenue for the six months ended in Dec. 2025 was $23.02 Mil. Therefore, DDC Enterprise's Operating Margin % for the quarter that ended in Dec. 2025 was -147.73%.

Good Sign:

DDC Enterprise Ltd operating margin is expanding. Margin expansion is usually a good sign.

DDC Enterprise's 5-Year average Growth Rate for Operating Margin % was 0.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DDC Enterprise's annualized ROC % for the quarter that ended in Dec. 2025 was -58.65%. DDC Enterprise's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -8,903.44%.

DDC Enterprise  (AMEX:DDC) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

DDC Enterprise's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-68.016 * ( 1 - 0% )/( (50.315 + 181.621)/ 2 )
=-68.016/115.968
=-58.65 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=89.805 - 30.784 - ( 25.028 - max(0, 48.935 - 57.641+25.028))
=50.315

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=198.144 - 28.292 - ( 21.513 - max(0, 94.847 - 83.078+21.513))
=181.621

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

DDC Enterprise's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-98.472/( ( (0.679 + max(0.272, 0)) + (1.261 + max(-17.337, 0)) )/ 2 )
=-98.472/( ( 0.951 + 1.261 )/ 2 )
=-98.472/1.106
=-8,903.44 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.538 + 0.426 + 28.649) - (30.784 + 1.557 + 0)
=0.272

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.901 + 1.168 + 5.92) - (28.292 + 2.034 + -1.4210854715202E-14)
=-17.337

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

DDC Enterprise's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-34.008/23.02
=-147.73 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

DDC Enterprise Operating Income Related Terms

DDC Enterprise Operating Income Historical Data

* Premium members only.

The historical data trend for DDC Enterprise's Operating Income 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 Operating Income Chart

DDC Enterprise Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial -17.84 -11.48 -19.56 -9.55 -31.95

DDC Enterprise Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.04 -3.55 -6.01 2.02 -34.01
DDC
11GF Score
DDC Enterprise Ltd DDC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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DDC Enterprise Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-31.99 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-31.99 Mil mean?
DDC Enterprise (DDC) has a Operating Income of $-31.99 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on DDC Enterprise and its competitors.
Is DDC Enterprise's Operating Income too high?
DDC Enterprise's current Operating Income is $-31.99 Mil. 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 Operating Income compare to HAIN and GWLL?
DDC Enterprise's Operating Income of $-31.99 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on DDC Enterprise and its competitors. DDC Enterprise's current Operating Income is $-31.99 Mil. 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 Operating Income of $-31.99 Mil. The current Operating Income is $-31.99 Mil. 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 Operating Income calculated?
Operating Income is calculated from a company's financial statements. For DDC Enterprise (DDC), the current Operating Income is $-31.99 Mil as of Dec. 2025. 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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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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