DINGDONG (CAYMAN) LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.79 USD | -5.79% |
|
-17.13% | +19.33% |
| May. 13 | Transcript : Dingdong Limited, Q1 2024 Earnings Call, May 13, 2024 | |
| May. 13 | Dingdong Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 24,246 | 6,373 | 2,303 | 2,809 | - | - |
| Enterprise Value (EV) 1 | 22,193 | 4,115 | 293.5 | 779.3 | 807.2 | 545.4 |
| P/E ratio | -1.98 x | -11.7 x | -34.3 x | 23.6 x | 9.46 x | 7.34 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 1.2 x | 0.26 x | 0.12 x | 0.13 x | 0.13 x | 0.13 x |
| EV / Revenue | 1.1 x | 0.17 x | 0.01 x | 0.04 x | 0.04 x | 0.02 x |
| EV / EBITDA | -3.63 x | -12.8 x | - | 2.91 x | 1.71 x | 0.92 x |
| EV / FCF | -3.63 x | -104 x | - | 2.83 x | 2.97 x | 1.2 x |
| FCF Yield | -27.6% | -0.96% | - | 35.3% | 33.7% | 83.2% |
| Price to Book | 30.5 x | 20.5 x | 9.04 x | 3.53 x | 4.36 x | 5.5 x |
| Nbr of stocks (in thousands) | 236,051 | 216,399 | 216,324 | 217,320 | - | - |
| Reference price 2 | 102.7 | 29.45 | 10.65 | 12.93 | 12.93 | 12.93 |
| Announcement Date | 2/15/22 | 2/13/23 | 2/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 11,336 | 20,121 | 24,221 | 19,971 | 21,590 | 22,386 | 22,294 |
| EBITDA 1 | - | -6,117 | -322.7 | - | 267.5 | 472.5 | 593.2 |
| EBIT 1 | - | -6,330 | -708.8 | -130.1 | 105.4 | 327.8 | 457.4 |
| Operating Margin | - | -31.46% | -2.93% | -0.65% | 0.49% | 1.46% | 2.05% |
| Earnings before Tax (EBT) 1 | - | -6,420 | -800.1 | -71.86 | 146 | 306.9 | 346 |
| Net income 1 | -3,177 | -6,429 | -814.4 | -99.88 | 133.6 | 273.1 | 293.7 |
| Net margin | -28.03% | -31.95% | -3.36% | -0.5% | 0.62% | 1.22% | 1.32% |
| EPS 2 | - | -51.75 | -2.510 | -0.3100 | 0.5482 | 1.366 | 1.761 |
| Free Cash Flow 1 | - | -6,118 | -39.52 | - | 275 | 272 | 454 |
| FCF margin | - | -30.41% | -0.16% | - | 1.27% | 1.22% | 2.04% |
| FCF Conversion (EBITDA) | - | - | - | - | 102.79% | 57.56% | 76.53% |
| FCF Conversion (Net income) | - | - | - | - | 205.83% | 99.61% | 154.6% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 4/16/21 | 2/15/22 | 2/13/23 | 2/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,484 | 5,444 | 6,634 | 5,943 | 6,201 | 4,997 | 4,841 | 5,140 | 4,993 | 5,024 | 5,425 | 5,790 | 5,506 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | -1,040 | - | -0.239 | -312 | 52 | -50.06 | -49.56 | -8.628 | -21.88 | -11.11 | 33 | 27 | 35 |
| Operating Margin | -18.96% | - | -0% | -5.25% | 0.84% | -1% | -1.02% | -0.17% | -0.44% | -0.22% | 0.61% | 0.47% | 0.64% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | -1,096 | -478.8 | -36.49 | -346.9 | 47.81 | -54.45 | -38.73 | -0.083 | -6.618 | 10.02 | 33 | 47 | 55 |
| Net margin | -19.99% | -8.8% | -0.55% | -5.84% | 0.77% | -1.09% | -0.8% | -0% | -0.13% | 0.2% | 0.61% | 0.81% | 1% |
| EPS 2 | -3.380 | -1.480 | -0.1100 | -1.070 | 0.1500 | -0.1700 | - | - | -0.0200 | - | 1.808 | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/15/22 | 6/15/22 | 8/11/22 | 11/11/22 | 2/13/23 | 5/12/23 | 9/1/23 | 11/16/23 | 2/29/24 | 5/13/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 2,052 | 2,258 | 2,009 | 2,030 | 2,002 | 2,264 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | -6,118 | -39.5 | - | 275 | 272 | 454 |
| ROE (net income / shareholders' equity) | - | - | -111% | 10.6% | 41.7% | 35.8% | 33.3% |
| ROA (Net income/ Total Assets) | - | -89.6% | -6.15% | 0.43% | 3.54% | 5.02% | 6.98% |
| Assets 1 | - | 7,172 | 13,234 | -23,200 | 3,772 | 5,442 | 4,207 |
| Book Value Per Share 2 | - | 3.360 | 1.430 | 1.180 | 3.660 | 2.970 | 2.350 |
| Cash Flow per Share 2 | - | -43.70 | 0.4000 | - | 3.280 | 2.460 | - |
| Capex 1 | - | 452 | 127 | - | 152 | 108 | 114 |
| Capex / Sales | - | 2.24% | 0.52% | - | 0.7% | 0.48% | 0.51% |
| Announcement Date | 4/16/21 | 2/15/22 | 2/13/23 | 2/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
12.93
CNY
Average target price
13.08
CNY
Spread / Average Target
+1.18%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +19.33% | 389M | |
| +14.23% | 215B | |
| -0.08% | 203B | |
| +52.63% | 99.28B | |
| -24.87% | 75.43B | |
| +11.22% | 52.4B | |
| +18.07% | 26.07B | |
| +26.69% | 10.98B | |
| -2.48% | 9.39B | |
| -26.50% | 4.86B |
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