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General information

Country: CHINA

Sector: Software — Application

DiDi 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.
Website: didiglobal.com




Profitability: LTM EBITDA margin is negative, -36.2%. Gross margin is low, +11.9%. In the last quarter the company beat the estimated EPS, +600.0%. The company was ahead of estimated EPS in 33% of quarters (showing a gain of -$2.85 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield -2.4% (LTM)

Entry Point: Share price is 248.6% higher than minimum and 69.4% lower than maximum for the last 3 years

Key Financials (Download financials)

Ticker: DIDIY
Share price, USD:  (+1.8%)5.02
year average price 3.54  


year start price 3.80 2023-04-29

min close price 2.50 2023-05-30

max close price 5.02 2024-04-26

current price 5.02 2024-04-27
Common stocks: 4 854 040 033

Dividend Yield:  0.0%
Last revenue growth (y/y):  ---
Last growth of EBITDA (y/y):  ---
Historical revenue growth:  0.0%
Historical growth of EBITDA:  0.0%
EV / Sales: 0.9x
Margin (EBITDA LTM / Revenue): -36.2%
Fundamental value created in LTM:
Market Cap ($m): 24 367
Net Debt ($m): -4 650
EV (Enterprise Value): 19 717
Price to Book: 1.8x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-04-08Reuters

China's Didi, GAC Aion to mass produce robotaxis next year

2024-03-26Seeking Alpha

DiDi Global: It's Not Too Late To Jump On Board

2024-03-23Reuters

China's Didi swings to profit in fourth quarter

2024-03-14Reuters

Chinese ride-hailing company Didi Global must face US investor lawsuit over IPO

2024-03-08Seeking Alpha

Buy DiDi Global As Turnaround Has Not Been Recognized By Investors

2023-12-10Seeking Alpha

DiDi Global: Multiple Re-Rating Catalysts

2023-10-12TechCrunch

Didi's autonomous vehicle arm raises $149M from state investors

2023-08-30Seeking Alpha

XPeng: Investors Overreact To DiDi Deal

2023-08-28Yahoo Finance

Xpeng to buy Didi's smart car business for $774 million

2023-08-28Proactive Investors

Xpeng to acquire Didi's electric car development business for $744M
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q1 2021 q4 2021 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30
symbol DIDIY DIDIY DIDIY DIDIY DIDIY DIDIY DIDIY
reportedCurrency CNY CNY CNY CNY CNY CNY CNY
cik 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-04-15 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30
acceptedDate 2024-04-15 16:02:43 2023-09-29 20:00:00 2023-06-30 00:00:00 2023-03-31 00:00:00 2022-03-31 00:00:00 2021-12-31 00:00:00 2021-09-30 00:00:00
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2021.000 2021.000
period Q4 Q3 Q2 Q1 Q1 Q4 Q3
revenue 49 419M 50 410M 48 848M 42 712M 35 848M 40 777M 42 675M
costOfRevenue 41 639M 44 573M 41 430M 36 499M 30 033M 35 921M 40 784M
grossProfit 7 780M 5 837M 7 418M 6 213M 5 815M 4 856M 1 891M
grossProfitRatio 0.157 0.116 0.152 0.145 0.162 0.119 0.044
researchAndDevelopmentExpenses 2 439M 2 274M 1 928M 2 223M 2 466M 2 466M 2 341M
generalAndAdministrativeExpenses 2 194M 2 183M 2 250M 2 079M 10 195M 2 514M 2 253M
sellingAndMarketingExpenses 2 933M 2 866M 2 561M 2 102M 2 522M 3 509M 4 441M
sellingGeneralAndAdministrativeExpenses 5 127M 5 050M 4 811M 4 181M 12 717M 6 023M 6 694M
otherExpenses 293M 0 59M 1 563M 650M 1 708M 1 910M
operatingExpenses 9 603M 7 190M 8 432M 7 967M 16 838M 10 197M 10 945M
costAndExpenses 51 242M 51 763M 49 862M 44 466M 46 871M 46 118M 51 729M
interestIncome 523M 2 087M 542M 507M 234M 240M 202M
interestExpense 41M 0 19M 28M 65M 66M 65M
depreciationAndAmortization 1 056M 876M 600M 870M 902M 2 530M -372M
ebitda -767M -611M -414M -884M -10 121M -5 600M -9 426M
ebitdaratio -0.016 -0.012 -0.008 -0.021 -0.282 -0.137 -0.221
operatingIncome -1 823M -1 487M -1 014M -1 754M -11 023M -8 130M -9 054M
operatingIncomeRatio -0.037 -0.029 -0.021 -0.041 -0.307 -0.199 -0.212
totalOtherIncomeExpensesNet 2 456M 2 221M 504M 897M -5 255M 8 019M -21 209M
incomeBeforeTax 1 115M 734M 13M -857M -16 109M -111M -30 263M
incomeBeforeTaxRatio 0.023 0.015 0.000 -0.020 -0.449 -0.003 -0.709
incomeTaxExpense 33M 5M 18M 61M -39M 60M 112M
netIncome 1 078M 462M -21M -918M -16 072M -171M -30 375M
netIncomeRatio 0.022 0.009 -0.000 -0.021 -0.448 -0.004 -0.712
eps 0.170 0.094 -0.004 -0.190 -3.340 -0.036 -6.430
epsdiluted 0.160 0.094 -0.004 -0.190 -3.340 -0.036 -6.430
weightedAverageShsOut 4 921M 4 914M 4 855M 4 868M 4 815M 4 816M 4 723M
weightedAverageShsOutDil 5 009M 4 914M 4 898M 4 868M 4 815M 4 816M 4 723M
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Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2021 q4 2021 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2021-12-31 2021-09-30
symbol DIDIY DIDIY DIDIY DIDIY DIDIY DIDIY
reportedCurrency CNY CNY CNY CNY CNY CNY
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-04-15 2023-09-30 2023-06-30 2023-03-31 2022-05-02 2021-09-30
acceptedDate 2024-04-15 16:02:43 2023-09-29 20:00:00 2023-06-30 00:00:00 2023-03-31 00:00:00 2022-05-02 09:03:42 2021-09-30 00:00:00
calendarYear 2023.000 2023.000 2023.000 2023.000 2021.000 2021.000
period Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 27 308M 27 308M 18 823M 19 576M 43 430M 48 649M
shortTermInvestments 19 242M 20 307M 20 545M 19 162M 13 344M 12 554M
cashAndShortTermInvestments 46 550M 47 615M 39 368M 38 738M 56 774M 61 203M
netReceivables 17 786M 3 532M 16 284M 8 898M 7 590M 10 154M
inventory -13 189M 0 -12 828M 0 198M 0
otherCurrentAssets 14 328M 14 328M 13 800M 0 896M 0
totalCurrentAssets 65 475M 65 475M 56 624M 54 208M 68 766M 77 035M
propertyPlantEquipmentNet 5 451M 5 451M 6 289M 6 309M 9 288M 9 762M
goodwill 46 378M 46 378M 46 378M 46 378M 46 378M 48 962M
intangibleAssets 676M 676M 945M 1 341M 3 286M 3 860M
goodwillAndIntangibleAssets 47 054M 47 053M 47 323M 47 719M 49 664M 52 822M
longTermInvestments 23 575M 23 575M 24 437M 20 503M 23 249M 11 271M
taxAssets 279M 0 291M 288M 224M 195M
otherNonCurrentAssets 1 992M 2 272M 1 946M 1 730M 1 807M 4 746M
totalNonCurrentAssets 78 351M 78 351M 80 286M 76 549M 84 232M 78 796M
otherAssets 0 0 0 0 0 0
totalAssets 143 826M 143 826M 136 910M 130 757M 152 998M 155 831M
accountPayables 4 564M 61M 4 282M 3 898M 4 625M 4 819M
shortTermDebt 8 088M 7 682M 5 419M 4 768M 7 355M 7 893M
taxPayables 0 0 0 0 1 645M 0
deferredRevenue 897M 0 721M 741M 546M 711M
otherCurrentLiabilities 14 996M 20 802M 12 854M 11 277M 11 897M 26 260M
totalCurrentLiabilities 28 545M 28 545M 23 276M 20 684M 24 423M 26 553M
longTermDebt 1 607M 1 607M 1 490M 780M 2 336M 2 701M
deferredRevenueNonCurrent 86M 0 138M 18M 0 0
deferredTaxLiabilitiesNonCurrent 165M 0 177M 268M 486M 581M
otherNonCurrentLiabilities 378M 629M 246M 252M 306M 281M
totalNonCurrentLiabilities 2 236M 2 236M 2 051M 1 318M 3 128M 3 563M
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 969M 969M 1 103M 1 157M 1 172M 1 205M
totalLiabilities 30 781M 30 781M 25 327M 22 002M 27 551M 30 116M
preferredStock 0 0 0 0 0 0
commonStock 159 000 159 000 0 0 0 0
retainedEarnings -159 127M -159 028M -160 540M -160 518M -135 765M -135 578M
accumulatedOtherComprehensiveIncomeLoss 1 721M 1 622M 2 769M 515M -3 573M -2 431M
othertotalStockholdersEquity 255 200M 255 201M 254 701M 254 367M 251 385M 250 535M
totalStockholdersEquity 97 794M 97 795M 96 930M 94 364M 112 047M 112 526M
totalEquity 113 045M 113 045M 111 583M 108 755M 112 047M 112 526M
totalLiabilitiesAndStockholdersEquity 143 826M 143 826M 136 910M 130 757M 152 998M 155 831M
minorityInterest 15 251M 15 251M 14 653M 14 391M 13 400M 13 189M
totalLiabilitiesAndTotalEquity 143 826M 143 826M 136 910M 130 757M 152 998M 155 831M
totalInvestments 42 817M 43 882M 44 982M 39 665M 36 593M 23 825M
totalDebt 9 695M 9 289M 6 909M 5 548M 9 691M 10 594M
netDebt -17 613M -18 019M -11 914M -14 028M -33 739M -38 055M
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Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q1 2021 q4 2021 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30
symbol DIDIY DIDIY DIDIY DIDIY DIDIY DIDIY DIDIY
reportedCurrency CNY CNY CNY CNY CNY CNY CNY
cik 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-04-15 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30
acceptedDate 2024-04-15 16:02:43 2023-09-29 20:00:00 2023-06-30 00:00:00 2023-03-31 00:00:00 2022-03-31 00:00:00 2021-12-31 00:00:00 2021-09-30 00:00:00
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2021.000 2021.000
period Q4 Q3 Q2 Q1 Q1 Q4 Q3
netIncome 721M 721M -21M -475M 0 0 0
depreciationAndAmortization 876M 876M 1 252M 1 249M 0 0 0
deferredIncomeTax 0 0 0 0 0 0 0
stockBasedCompensation 599M 599M 598M 689M 0 0 0
changeInWorkingCapital 755M 755M 0 0 0 0 0
accountsReceivables -700M -700M 0 0 0 0 0
inventory 0 0 0 0 0 0 0
accountsPayables 0 0 0 0 0 0 0
otherWorkingCapital 1 455M 1 455M 0 0 0 0 0
otherNonCashItems -667M -667M 908M -1 130M 0 0 0
netCashProvidedByOperatingActivities 1 823M 2 284M 2 737M 333M -3 876M -1 032M -5 055M
investmentsInPropertyPlantAndEquipment -1 170M -1 170M 0 0 0 0 0
acquisitionsNet 0 0 0 0 0 0 0
purchasesOfInvestments 0 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0 0
otherInvestingActivites 1 872M 1 872M -5 143M -740M 0 0 0
netCashUsedForInvestingActivites 1 511M 702M -5 143M -740M -4 074M -2 511M 306M
debtRepayment 0 0 0 0 0 0 0
commonStockIssued 0 0 0 0 0 0 0
commonStockRepurchased -83M -83M 0 0 0 0 0
dividendsPaid 0 0 0 0 0 0 0
otherFinancingActivites 1 524M 1 524M 1 411M -756M 0 0 0
netCashUsedProvidedByFinancingActivities 2 556M 1 442M 1 411M -756M -1 847M -1 079M 27 739M
effectOfForexChangesOnCash -124M -101M 330M -33M 10M -717M 50M
netChangeInCash 5 766M 4 326M -665M -1 196M -9 787M -5 339M 23 040M
cashAtEndOfPeriod 28 468M 24 141M 19 815M 20 480M 34 194M 43 981M 49 320M
cashAtBeginningOfPeriod 22 702M 19 815M 20 480M 21 676M 43 981M 49 320M 26 280M
operatingCashFlow 1 823M 2 284M 2 737M 333M -3 876M -1 032M -5 055M
capitalExpenditure -1 170M -1 170M 0 0 0 0 0
freeCashFlow 653M 1 114M 2 737M 333M -3 876M -1 032M -5 055M
link Link
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Earning call transcript

SEC forms

Show financial reports only

SEC form 6
2023-11-13 06:07 ET
DiDi Global Inc. published news for 2023 q3
SEC form 6
2023-04-28 21:31 ET
DiDi Global Inc. published news for 2023 q1
SEC form 6
2022-05-23 08:50 ET
DiDi Global Inc. published news for 2022 q1
SEC form 6
2022-05-11 16:00 ET
DiDi Global Inc. published news for 2022 q1
SEC form 6
2022-05-02 09:03 ET
DiDi Global Inc. published news for 2022 q1
SEC form 6
2022-04-18 06:04 ET
DiDi Global Inc. published news for 2022 q1
SEC form 6
2021-12-29 16:55 ET
DiDi Global Inc. published news for 2021 q3
SEC form 6
2021-12-02 20:55 ET
DiDi Global Inc. published news for 2021 q3
SEC form 6
2021-07-12 07:42 ET
DiDi Global Inc. published news for 2021 q2
SEC form 6
2021-07-06 06:02 ET
DiDi Global Inc. published news for 2021 q2
SEC form 6
2021-07-02 11:08 ET
DiDi Global Inc. published news for 2021 q2