Dida Inc. (2559) AI Stock Analysis

• Market Cap: HK$1.54B
• Dividend Yield: N/A
• Average Volume (3M): 3.06M
• Price to Earnings (P/E): 1.3
• Beta (1Y): 1.07
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 409
• Sector: Technology
• Sector Strength: 87
• Industry: General Transportation
• EPS (TTM): N/A
• Shares Outstanding: 1,018,340,400
• 10 Day Avg. Volume: 3,547,303
• 30 Day Avg. Volume: 3,060,435
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$1.50
• Price Target Upside: 3.45% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: HK$1.50 ▲(3.45% Upside)

Dida Inc.'s stock score is driven by strong technical indicators and a compelling valuation, suggesting potential undervaluation. However, financial performance presents mixed signals with operational strengths overshadowed by balance sheet risks. Investors should weigh the positive market momentum and valuation against the financial stability concerns.

Dida Inc. Business Overview & Revenue Model

Company Description

Dida Inc., a technology-driven platform, provides carpooling marketplace and smart taxi services. It offers online-hailing solutions, including Dida Taxi App for taxi drivers and Dida Mobility App for riders; Dida WeChat mini-program for riders; and Phoenix Taxi Cloud, a cloud-based taxi management toolkit for taxi companies to streamline the operation and management of their fleets. The company also develops other smart taxi services for roadside-hailing, which are delivered by various digital toolkits for riders to bring the mobile internet to the taxi hailing and riding experience. In addition, it provides advertising and other services; software and information services; and travel services. The company serves enterprise customers comprising taxi operators and associations, as well as individual users. Dida Inc. was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

Dida Inc. generates revenue primarily through its ride-hailing services, charging a commission fee on each ride completed through its platform. The company also offers premium services and subscription plans that provide users with additional benefits and features, contributing to its revenue streams. Partnerships with automotive manufacturers, technology firms, and financial institutions enhance its service offerings and open up new revenue opportunities. Dida's investment in autonomous vehicle technology is positioned to create future revenue channels as the technology matures and regulatory environments evolve.

Dida Inc. Financial Statement Overview

Summary

Dida Inc. exhibits strong profitability margins with consistent gross profit margins above 70%. However, revenue growth is inconsistent, and the net profit margin has been volatile. The balance sheet shows improvement but high leverage risk remains. Cash flow generation is strong, but growth is inconsistent, indicating potential volatility.

Income Statement

Dida Inc. shows a mixed performance in its income statement. The company has demonstrated strong gross profit margins, consistently above 70% in recent years, indicating effective cost management. However, the net profit margin has been volatile, with a significant spike in 2024 driven by extraordinary gains. Revenue growth has been inconsistent, with a decrease in 2024 compared to 2023, signaling potential challenges in maintaining growth.

Balance Sheet

The balance sheet highlights significant leverage and equity challenges. The debt-to-equity ratio is concerning due to negative equity in previous years, although it has improved substantially in 2024. The equity ratio remains a challenge with previous negative equity, indicating high financial risk, but has turned positive in 2024. The company holds substantial cash reserves, which is a positive aspect.

Cash Flow

Cash flow analysis shows a strong free cash flow generation capacity, with steady free cash flow in recent years. Operating cash flow to net income ratio has been healthy, particularly in 2024, reinforcing operational efficiency. However, free cash flow growth has been inconsistent, reflecting potential volatility in cash management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2019
Income Statement
Total Revenue	787.22M	815.09M	661.77M	940.77M	579.92M
Gross Profit	566.99M	605.37M	457.73M	726.23M	420.40M
EBITDA	163.65M	331.80M	56.95M	334.92M	148.41M
Net Income	1.00B	300.38M	-218.19M	1.73B	-731.20M
Balance Sheet
Total Assets	1.95B	1.57B	1.42B	1.47B	822.34M
Cash, Cash Equivalents and Short-Term Investments	1.30B	1.04B	1.23B	1.22B	510.23M
Total Debt	10.08M	4.26B	5.76M	2.31B	3.20B
Total Liabilities	623.52M	4.88B	5.59B	5.82B	3.82B
Stockholders Equity	1.33B	-3.31B	-4.18B	-4.35B	-2.99B
Cash Flow
Free Cash Flow	108.42M	228.04M	123.23M	155.76M	397.18M
Operating Cash Flow	109.04M	230.22M	124.62M	162.87M	397.87M
Investing Cash Flow	58.74M	-197.71M	84.50M	-120.94M	-393.27M
Financing Cash Flow	202.09M	-10.25M	-3.82M	-80.67M	31.28M

Dida Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2559, the sentiment is Neutral. The current price of 1.45 is below the 20-day moving average (MA) of 1.51, above the 50-day MA of 1.33, and above the 200-day MA of 1.45, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 50.37 is Neutral, neither overbought nor oversold. The STOCH value of 18.32 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2559.

Dida Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2166	71 Outperform	HK$850.30M	8.13	10.77%	6.90%	-17.97%	46.24%
2559	70 Outperform	HK$1.54B	1.34		―	―	―
1985	66 Neutral	HK$504.00M	57.33	4.04%	2.88%	20.83%	-75.53%
1450	62 Neutral	HK$1.48B	15.71	22.89%	―	14.65%	-31.40%
1747	59 Neutral	HK$2.48B	73.46	15.73%	0.42%	11.29%	40.42%
1611	56 Neutral	HK$4.42B	14.24	-19.51%	―	344.37%	-288.45%
Sector *	55 Neutral	$296.27M	4.23	-5.17%	2.67%	9.75%	-67.81%

Dida Inc. Corporate Events

Dida Inc. Forms Nomination Committee to Strengthen Governance

Dida Inc. has established a Nomination Committee as per the resolutions of its Board of Directors, effective June 13, 2024. This committee, consisting of at least three members with a focus on diversity and independence, is tasked with overseeing the nomination process for directors and senior management, thereby enhancing governance and strategic oversight.

Dida Inc. AGM Resolutions Passed with Unanimous Support

Dida Inc. announced the results of its Annual General Meeting held on May 23, 2025. All resolutions, including the adoption of financial statements, re-election of directors, and the authorization of directors to fix remuneration and appoint auditors, were passed with overwhelming support. The company also received approval for mandates to repurchase and issue shares, reflecting strong shareholder confidence and strategic flexibility for future operations.