Dida Inc. (2559) AI Stock Analysis

• Market Cap: HK$3.20B
• Dividend Yield: N/A
• Average Volume (3M): 8.64M
• Price to Earnings (P/E): 15.1
• Beta (1Y): 1.12
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 409
• Sector: Technology
• Sector Strength: 88
• Industry: General Transportation
• EPS (TTM): N/A
• Shares Outstanding: 1,018,340,400
• 10 Day Avg. Volume: 5,254,900
• 30 Day Avg. Volume: 8,635,171
• PEG Ratio: <0.01
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 2.06
• P/FCF Ratio: 14.94
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 59 Neutral
• Price Target: HK$3.00 ▲(6.01% Upside)

Dida Inc.'s overall stock score is primarily influenced by its mixed financial performance, with strong cash flow generation but concerning balance sheet risks. Technical analysis shows mixed signals, and valuation is reasonable but lacks dividend yield appeal.

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. shows operational efficiency and improved profitability in its income statement, but the balance sheet reveals significant risks due to negative equity and high leverage. The cash flow statement is a strong point, demonstrating robust cash generation capabilities.

Income Statement

Dida Inc. has shown a mixed performance in its income statement. The company experienced a decline in revenue from 2023 to 2024, indicating potential challenges in maintaining growth. However, the gross profit margin remains strong, suggesting effective cost management. The net profit margin improved significantly in 2024 due to a substantial increase in net income, which could be attributed to non-operating factors. EBIT and EBITDA margins are healthy, reflecting operational efficiency.

Balance Sheet

The balance sheet of Dida Inc. reveals a concerning financial structure. The company has a negative stockholders' equity, indicating more liabilities than assets, which poses a risk to financial stability. The debt-to-equity ratio is not meaningful due to negative equity, but the reduction in total debt from 2023 to 2024 is a positive sign. The equity ratio is negative, reflecting the company's leveraged position.

Cash Flow

Dida Inc.'s cash flow statement shows a solid performance in generating free cash flow, with a positive growth rate from 2023 to 2024. The operating cash flow to net income ratio is strong, indicating efficient cash generation from operations. The free cash flow to net income ratio is also favorable, suggesting that the company is converting its earnings into cash effectively.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2019
Income Statement
Total Revenue	669.43M	787.22M	815.09M	569.08M	780.58M	579.92M
Gross Profit	462.61M	566.99M	605.37M	457.73M	726.23M	420.40M
EBITDA	91.05M	163.65M	331.80M	44.57M	273.95M	148.41M
Net Income	190.75M	1.00B	300.38M	-187.63M	1.73B	-731.20M
Balance Sheet
Total Assets	2.06B	1.95B	1.57B	1.42B	1.47B	822.34M
Cash, Cash Equivalents and Short-Term Investments	1.40B	1.30B	1.04B	813.97M	706.61M	510.23M
Total Debt	7.04M	10.08M	4.26B	4.47B	4.23B	3.20B
Total Liabilities	602.90M	623.52M	4.88B	5.59B	5.82B	3.82B
Stockholders Equity	1.46B	1.33B	-3.31B	-3.72B	-3.56B	-2.99B
Cash Flow
Free Cash Flow	160.72M	108.42M	228.04M	123.23M	155.76M	397.18M
Operating Cash Flow	161.19M	109.04M	230.22M	124.62M	162.87M	397.87M
Investing Cash Flow	-195.55M	58.74M	-197.71M	72.66M	-100.35M	-393.27M
Financing Cash Flow	-5.67M	202.09M	-10.25M	-3.52M	-67.21M	31.28M

Dida Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.83
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 2.83 is below the 20-day moving average (MA) of 3.32, above the 50-day MA of 2.48, and above the 200-day MA of 1.57, indicating a neutral trend. The MACD of 0.08 indicates Positive momentum. The RSI at 46.54 is Neutral, neither overbought nor oversold. The STOCH value of 25.24 is Neutral, 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	72 Outperform	HK$908.95M	7.71	11.96%	6.77%	-5.58%	22.50%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
2559	59 Neutral	HK$3.20B	15.06	13.99%	―	―	―
1450	59 Neutral	HK$1.36B	24.64	11.90%	―	-1.52%	-67.16%
1747	59 Neutral	HK$2.30B	68.07	15.73%	0.43%	11.29%	40.42%
1985	58 Neutral	HK$438.00M	48.50	4.04%	6.99%	20.83%	-75.45%
1611	42 Neutral	HK$3.29B	14.24	-19.51%	―	344.37%	-288.45%

Dida Inc. Corporate Events

Dida Inc. Reports Decrease in Revenue and Profit for H1 2025

Dida Inc. announced its unaudited consolidated interim results for the first half of 2025, revealing a significant decrease in revenue and net profit compared to the same period in 2024. Despite the decline in overall financial performance, the company reported a slight increase in adjusted net profit, indicating some resilience in its operations amidst challenging conditions.

The most recent analyst rating on (HK:2559) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Dida Inc. stock, see the HK:2559 Stock Forecast page.