Education
About Us
Working with TipRanks
Follow Us
DiDi Global (DIDIY)
OTHER OTC:DIDIY
Top Page
DiDi Global
(OTC:DIDIY)
Rating:59Neutral
Price Target:
$5.00
▲(0.00%Upside)
DiDi Global (DIDIY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$22.82B
Dividend YieldN/A
Average Volume (3M)5.41M
Price to Earnings (P/E)93.4
Beta (1Y)0.48
Revenue Growth5.92%
EPS Growth36.65%
CountryUS
Employees19,113
SectorTechnology
Sector Strength83
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.05
Shares Outstanding4,351,676,300
10 Day Avg. Volume6,706,757
30 Day Avg. Volume5,414,078
Financial Highlights & Ratios
PEG Ratio8.39
Price to Book (P/B)7.94
Price to Sales (P/S)0.00
P/FCF Ratio30.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
DiDi Global Business Overview & Revenue Model
Company DescriptionDiDi Global Inc. operates a mobility technology platform that provides ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally. It offers ride hailing, taxi hailing, chauffeur, hitch, and other forms of shared mobility services; auto solutions comprising leasing, refueling, and maintenance and repair services; electric vehicle leasing services; and bike and e-bike sharing, intra-city freight, food delivery, and financial services. The company was formerly known as Xiaoju Kuaizhi Inc. and changed its name to DiDi Global Inc. in June 2021. DiDi Global Inc. was founded in 2012 and is headquartered in Beijing, China.
How the Company Makes MoneyDiDi Global generates revenue primarily through its ride-hailing services, where users can book rides via its mobile app, and DiDi takes a commission from the fare paid by the passenger. In addition to commissions from ride-hailing, DiDi earns money through various other channels, including service fees from its taxi-hailing platform, leasing services from its vehicle rental programs, and partnerships with automotive manufacturers and other technology providers. Additionally, DiDi explores monetization opportunities through its ventures into areas such as autonomous driving technology and electric vehicles, although these are in developmental stages and contribute variably to its revenue.
DiDi Global Financial Statement Overview
Summary
DiDi Global exhibits strong revenue growth and a stable balance sheet with low leverage. However, continued negative margins and past cash flow volatility pose significant risks. The company must focus on improving operational efficiency to enhance profitability and sustain cash flow improvements.Income Statement
DiDi Global's revenue grew by 36.6% from 2022 to 2023, indicating strong growth. However, the company has struggled with profitability, evidenced by a negative net profit margin of 0.26% and a negative EBIT margin, signaling operational challenges.45
Neutral
Balance Sheet
The company shows a solid equity base with a high equity ratio of 68.0% in 2023, showcasing financial stability. The debt-to-equity ratio is low at 0.10, suggesting prudent leverage usage. However, net income remains low, affecting return on equity.75
Positive
Cash Flow
DiDi Global reported positive free cash flow in 2023, a significant turnaround from previous years. The operating cash flow to net income ratio is 15.48, indicating effective cash conversion, but past negative free cash flows highlight potential volatility.60
Neutral
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 203.30B | 192.38B | 140.79B | 173.83B | 141.74B | 154.79B | Gross Profit |
| 35.93B | 22.03B | 24.99B | 16.96B | 15.91B | 15.12B | EBIT |
| 299.00M | -5.74B | -17.82B | -45.65B | -13.79B | -8.01B | EBITDA |
| 3.10B | 4.99B | -18.44B | -39.61B | -7.32B | -6.00B | Net Income Common Stockholders |
| 2.61B | 493.51M | -23.78B | -49.33B | -10.61B | -9.73B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 54.15B | 47.61B | 38.40B | 56.77B | 56.77B | 54.15B | Total Assets |
| 0.00 | 143.83B | 131.21B | 153.00B | 147.27B | 144.72B | Total Debt |
| 0.00 | 9.70B | 6.35B | 9.69B | 9.13B | 2.76B | Net Debt |
| 54.15B | -17.61B | -14.51B | -33.74B | -10.24B | -10.03B | Total Liabilities |
| 0.00 | 30.78B | 21.79B | 27.55B | 30.12B | 17.56B | Stockholders Equity |
| 127.16B | 97.79B | 95.28B | 112.05B | 113.62B | 126.98B |
| Cash Flow | Free Cash Flow | ||||
| 5.77B | 5.30B | -12.11B | -20.03B | -4.66B | -807.84M | Operating Cash Flow |
| 6.94B | 7.64B | -9.55B | -13.41B | 1.14B | 1.44B | Investing Cash Flow |
| -8.67B | -4.48B | -11.03B | 1.15B | -1.95B | -6.15B | Financing Cash Flow |
| -4.89B | 3.54B | -3.55B | 35.19B | 9.27B | 2.95B |
DiDi Global Technical Analysis
Positive
5.00
Price Trends
4.45
Positive
4.67
Positive
4.61
Positive
Market Momentum
0.11
Negative
62.67
Neutral
70.12
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DIDIY, the sentiment is Positive. The current price of 5 is above the 20-day moving average (MA) of 4.72, above the 50-day MA of 4.45, and above the 200-day MA of 4.61, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 62.67 is Neutral, neither overbought nor oversold. The STOCH value of 70.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DIDIY.
DiDi Global Risk Analysis
DiDi Global disclosed 109 risk factors in its most recent earnings report. DiDi Global reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 2 New Risks
1.
The voting rights of holders of ADSs are limited by the terms of the deposit agreement, and you may not be able to exercise your right to direct how the Class A ordinary shares which are represented by your ADSs are voted. Q4, 2023
2.
We cannot guarantee that any share repurchase program will be fully consummated or that any share repurchase program will enhance long-term shareholder value, and share repurchases could increase the volatility of the price of our securities and could diminish our cash reserves. Q4, 2023
DiDi Global Peers Comparison
Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $12.69B | 24.39 | 10.30% | 0.67% | 28.87% | 57.72% | |
70 Outperform | $6.53B | 114.36 | 8.56% | ― | 27.32% | ― | |
67 Neutral | $20.62B | 923.21 | 0.38% | ― | 17.24% | ― | |
62 Neutral | $11.80B | 10.37 | -7.29% | 2.91% | 7.39% | -7.96% | |
59 Neutral | $22.82B | 93.45 | 0.19% | ― | 5.92% | 36.65% |
* Technology Sector Average
Performance Comparison
DIDIY
DiDi Global
5.00
0.68
15.74%
LYFT
Lyft
15.53
0.45
2.98%
GRAB
Grab
5.17
1.53
42.03%
YMM
Full Truck Alliance
12.13
3.43
39.43%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.