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DDC · AMEX · Packaged Foods

DDC Enterprise (DDC)

Distributes convenient foods in China while accumulating Bitcoin as its primary treasury reserve asset.

$0.2224
vs last close+0.01 (+2.49%)
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DDC Enterprise LimitedDDC
Consumer Staples

Sells private-label, ready-to-eat, plant-based, ready-to-cook, and ready-to-heat foods chiefly through distributors in mainland China. Its asset-light supply chain and financing-backed Bitcoin treasury combine a product-distribution business with a concentrated digital-asset balance sheet.

Distributes private-label products alongside ready-to-eat, plant-based, ready-to-cook, and ready-to-heat meal products, largely to distributors, retail chains, and supermarkets in mainland China. Online stores on third-party platforms serve individuals and small retailers directly. DayDayCook, Guomei, and Lashu are its primary registered trademarks.

Coordinates an asset-light food operation rather than owning an end-to-end supply chain, concentrating on product selection, brand and content, distributor relationships, and supply-chain coordination. Order-driven dropshipping and a centralized ERP connect outside manufacturers, inventory managers, logistics providers, and fulfillment.

Treats Bitcoin as its primary treasury reserve asset and funds acquisitions mainly through common equity, convertible preferred shares, convertible notes, and Bitcoin-secured loan facilities. Revenue is concentrated in mainland China, while the food business operates under PRC food-safety, e-commerce, advertising, customer-data, employment, and foreign-exchange regimes.

Company facts

CEONorma Ka Yin Chu
ListedNov 17, 2023
ExchangeAMEX
HeadquartersShanghai, China
CountryUnited States
Employees42
CIK0001808110
ISINKYG276AC1192

Market cap$5.2M
EPS (ttm)
P/E (ttm)
ROE
P/B0.0286
P/S
Dividend yieldDiv yield
Beta2.76vs XLP 0.34

No analyst consensus on record.

EPSReportedEstimate

Jun '22Dec '22Jun '23Jan '24Nov '24Jun '26Sep '26
Reported−$5.28−$7.07−$2.07−$16.93−$0.07
Estimate−$0.07−$0.07−$0.06
Surprise0.0%

RevenueReportedEstimate

Jun '22Dec '22Jun '23Jan '24Nov '24Jun '26Sep '26
Reported$5.5M$9.7M$12.3M$16.4M$23.0M$10.7M$135.5M
Estimate$16.6M$10.7M$10.7M$11.4M
Surprise−1.2%+115.5%0.0%+1,090.6%
Estimate−$0.06
Reported
Estimate$11.4M
Reported$135.5M+1,090.6%
View details

Debt to equity17.20%
Current ratio183.40%

ProfitabilityRevenueNet incomeNet margin

Q2 FY22Q4 FY22Q2 FY23Q4 FY23
Revenue$5.5M$9.9M$13.4M$17.4M
Net income−$4.3M−$5.8M−$1.8M−$21.4M
Net margin0.0%0.0%0.0%0.0%

GrowthOperating income

Q2 FY22Q4 FY22Q2 FY23Q4 FY23
Operating income−$2.0M−$1.1M−$1.6M−$27.0M
YoY growthLoss narrowedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $20.1M · Total debt $31.5M · Total assets $265.1M · Shareholders' equity $183.4M

Revenue
$17.4M
Operating income
−$27.0M
Net income
−$21.4M

Reported in CNY, converted at the latest exchange rate

View details

No dividends on record.

Institutions3.48%842.1K shares
5 holders · as of Jun 30, 2026
Insiders0.36%86.7K shares
1 holder · as of Sep 21, 2026
Other96.16%23.26M shares
remainder

24.18M company shares as of Aug 28, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Anson Funds Management LPInstitution
3.16%764,395as of Jun 30, 2026
Matthew Gene MouwInsiderdirector
0.36%86,666filed Sep 21, 2026
UBS Group AGInstitution
0.17%40,177as of Jun 30, 2026
XTX Topco LtdInstitution
0.10%23,919as of Jun 30, 2026
Morgan StanleyInstitution
0.06%13,625as of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • Dingdong (ADR)

    Largest overlap in China prepared food and private-label grocery.

  • Strategy

    Largest Bitcoin-treasury peer in equity- and debt-funded accumulation.

Compare

CompanyPriceChange
DDC Enterprise$0.2224+2.49%$5.2M
Dingdong (ADR)$2.31+1.32%$493.8M6.20.3+14.5%
Strategy$168.73+0.14%$55.74B5.1111.9+6.9%
Median6.25.156.1+10.7%