Youdao (ADR) (DAO)
Sells AI-enabled learning services, smart devices, and online marketing services in China.
Something off on this page? Send us feedback.
Sells learning services, smart devices, and online marketing services, extending Youdao Dictionary and newer AI products across its portfolio. Controlled by NetEase, the Cayman holding company operates in China through subsidiaries and consolidated VIEs.
Combines learning services, smart devices, and online marketing services. Its learning lineup carries Youdao Dictionary, Dictionary Pen products, Youdao Lingshi, and newer offerings such as Scholar AI and iMagicBox; online-marketing tools include AI Ad Placement Optimizer. Operations are in China through PRC subsidiaries and consolidated VIEs, with Youdao HK conducting overseas online-marketing and AI-driven subscription activities.
NetEase remains the controlling shareholder and a source of demand for online marketing services. The business uses a Cayman holding-company and VIE structure; its portfolio has been shaped by PRC education regulation, which led it to exit Academic AST, and by the ongoing commercialization of newer AI offerings.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
No analyst notes in the last 24 months.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $126.5M · Total debt $256.1M · Total assets $292.7M · Shareholders' equity −$275.9M
- Revenue
- $218.7M
- Operating income
- $16.7M
- Net income
- $11.0M
Reported in CNY, converted at the latest exchange rate
No dividends on record.
| Institutions | 9.63% | 11.37M ADS | |
|---|---|---|---|
| 33 holders · as of Jun 30, 2026 | |||
| Other | 90.37% | 106.72M ADS | |
| remainder | |||
118.08M ADS as of Aug 28, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
This company has 3 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Orbis Allan Gray LtdInstitution | 5.56% | 6.56M ADS | as of Jun 30, 2026 |
Netease, Inc.Institution | 2.45% | 2.90M ADS | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 0.71% | 840,158 ADS | as of Jun 30, 2026 |
Acadian Asset Management LLCInstitution | 0.19% | 227,454 ADS | as of Jun 30, 2026 |
Vanguard Fiduciary Trust CoInstitution | 0.18% | 211,666 ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 9, 2026 | Lei Jin | officer: president | −70,047 | |
| Sep 9, 2026 | Yinghui Wu | officer: Senior Vice President | −6,750 | |
| Sep 9, 2026 | Su Peng | officer: Senior Vice President | −6,750 | |
| Sep 1, 2026 | Heung Yeung Shum | director | −4,012 | |
| Jun 30, 2026 | Yongwei Li | officer: Vice President | −2,300 |
- Education Group (TAL) (ADR)
China AI-learning devices and content solutions overlap.
- New Oriental (ADR)
China education services and AI study devices overlap.
- Baidu (ADR)
AI-native marketing and learning-device offerings overlap.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Youdao (ADR) | $14.72 | +1.17% | $1.72B | 73.1 | 50.3 | 1.9 | +9.1% |
| Education Group (TAL) (ADR) | $11.97 | +1.27% | $7.19B | 2.4 | 13.4 | 2.2 | +31.9% |
| New Oriental (ADR) | $54.83 | −0.57% | $8.70B | 18.6 | 14.2 | 1.5 | +23.0% |
| Baidu (ADR) | $92.14 | −0.08% | $31.36B | — | 18.3 | 1.6 | +1.1% |
| Median | 10.5 | 14.2 | 1.6 | +23.0% |