Youdao
DAO
16.36
-0.51
-3.02%
Youdao
US · DAO
#2834 by market cap
Listed 2019
16.36
-0.51
-3.02%
Live - 5344 symbols - heartbeat 457s ago
· 2026-10-07 19:54
After-hours
16.36
0.00%
- Market cap
- 1.97B
- P/E (TTM)i
- 81.80
- P/Bi
- -7.17
- EPSi
- 0.13
- Div yieldi
- 0.00%
- 52W posi
- 76%
Reader sentiment
Are you bullish or bearish on DAO?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.81, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +5.03% YoY
Margins
- Gross margin
- 44.29%
- Operating margin
- 3.86%
- Net margin
- 1.82%
Key ratios & quality
- Enterprise valuei
- 3.06B
- Altman Z-Scorei
- 2.81
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 731.60M | 1.21B | 2.53B | 4.02B | 5.01B | 5.39B | 5.63B | 5.91B |
| Gross profit | 216.47M | 335.05M | 1.11B | 1.99B | 2.59B | 2.77B | 2.75B | 2.62B |
| Selling & admin expenses | 251.58M | 524.99M | 1.59B | 2.27B | 2.56B | 2.49B | 2.06B | 1.88B |
| Research & development | 184.02M | 269.90M | 372.18M | 607.37M | 803.79M | 743.36M | 540.00M | 514.23M |
| Operating profit | -208.81M | -441.75M | -770.92M | -849.62M | -687.21M | -433.54M | 160.86M | 227.82M |
| Pretax profit | -198.00M | -457.95M | -796.10M | -919.44M | -725.93M | -539.03M | 81.24M | 113.63M |
| Tax | 11.29M | 2.43M | 2.93M | 6.65M | 13.84M | 11.09M | 6.01M | 16.59M |
| Net profit | -209.30M | -601.46M | -1.75B | -1.03B | -745.88M | -550.12M | 75.23M | 97.04M |
| Basic EPS | -2 | -7 | -16 | -8 | -6 | -5 | 1 | 1 |
| Diluted EPS | -2.42 | -6.68 | -15.53 | -8.18 | -5.88 | -4.53 | 0.70 | 0.90 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 1.30B | 1.42B | 1.63B | 1.56B | 1.35B | 1.47B |
| Gross profit | 614.23M | 609.36M | 687.86M | 705.38M | 602.29M | 716.88M |
| Selling & admin expenses | 394.71M | 452.24M | 531.81M | 502.53M | 429.42M | 463.29M |
| Research & development | 115.47M | 128.32M | 127.79M | 142.65M | 115.37M | 142.04M |
| Operating profit | 104.04M | 28.80M | 28.27M | 66.71M | 57.50M | 111.55M |
| Pretax profit | 87.49M | -16.26M | 6.95M | 35.44M | 48.31M | 89.00M |
| Tax | 9.90M | 4.28M | 2.93M | -510.00K | 4.50M | 11.60M |
| Net profit | 77.60M | -20.54M | 4.03M | 35.95M | 43.81M | 77.40M |
| Basic EPS | 1 | 0 | 0 | 0 | 0 | 1 |
| Diluted EPS | 0.64 | -0.15 | 0.00 | 0.40 | 0.32 | 0.61 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 595.07M | 2.03B | 1.85B | 2.27B | 1.87B | 1.30B | 1.49B | 1.72B |
| Cash & ST investments | 435.36M | 1.62B | 1.19B | 826.88M | 1.02B | 526.66M | 655.79M | 738.02M |
| Inventory | 23.83M | 73.23M | 118.96M | 255.41M | 232.26M | 217.07M | 174.74M | 140.78M |
| Total assets | 619.62M | 2.09B | 2.07B | 2.63B | 2.28B | 1.67B | 1.81B | 1.98B |
| Total current liabilities | 1.30B | 1.76B | 3.39B | 3.03B | 3.18B | 3.10B | 2.95B | 2.93B |
| Short-term debt | 878.00M | 882.17M | 907.98M | 924.69M | 913.56M | 916.84M | 916.11M | 900.43M |
| Long-term debt | -- | -- | -- | 255.03M | 522.35M | 630.36M | 913.00M | 926.59M |
| Total liabilities | 1,761,050,000.00 | 1,785,437,000.00 | 3,477,356,000.00 | 3,364,468,000.00 | 3,753,430,000.00 | 3,795,298,000.00 | 3,903,707,000.00 | 3,909,142,000.00 |
| Total equity | -1.14B | 301.03M | -1.41B | -730.40M | -1.48B | -2.13B | -2.09B | -1.93B |
| Retained earnings | -1.28B | -1.92B | -3.67B | -4.67B | -5.40B | -5.95B | -5.87B | -176.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.23B | 1.57B | 1.49B | 1.72B | 1.42B | 1.69B |
| Cash & ST investments | 418.28M | 610.92M | 552.18M | 738.02M | 510.15M | 844.47M |
| Inventory | 155.65M | 166.29M | 146.29M | 140.78M | 116.76M | 114.04M |
| Total assets | 1.54B | 1.84B | 1.74B | 1.98B | 1.67B | 1.96B |
| Total current liabilities | 2.58B | 2.88B | 2.76B | 2.93B | 2.71B | 2.90B |
| Short-term debt | 878.00M | 878.00M | 878.00M | 900.43M | 878.00M | 878.00M |
| Long-term debt | 926.65M | 936.00M | 932.15M | 926.59M | 814.87M | 807.00M |
| Total liabilities | 3,541,539,000.00 | 3,851,363,000.00 | 3,719,231,000.00 | 3,909,142,000.00 | 3,574,649,000.00 | 3,763,375,000.00 |
| Total equity | -2.00B | -2.01B | -1.98B | -1.93B | -1.90B | -1.81B |
| Retained earnings | -- | -- | -- | -176.00M | -- | -- |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -100.33M | -372.27M | -321.56M | -1.35B | -603.12M | -438.15M | -67.91M | 55.19M |
| Depreciation & amortization | 6.40M | 10.53M | 15.46M | 30.10M | 42.21M | 29.64M | 28.95M | 23.41M |
| Free cash flow | -114.29M | -390.38M | -352.33M | -1.41B | -672.88M | -456.00M | -79.70M | 29.59M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 41.00K | 1.51B | 0 | 1.50B | -50.70M | -127.54M | -62.30M | 0 |
| Ending cash balance | 41.74M | 173.33M | 609.20M | 1.07B | 784.48M | 454.93M | 599.49M | 444.93M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -- | -- | -- | -- | -- | -- |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | -- | -- | -- | -- | -- | -- |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | -- | -- | -- | -- | -- | -- |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | -- | -- | -- | -- | -- |
| ROA %i | -53.47 | -47.11 | -84.34 | -42.33 | -29.61 | -27.90 | 4.72 | 5.67 |
| ROIC %i | -- | -- | -- | -- | -- | -- | -- | -- |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -28.54 | -44.67 | -54.28 | -22.11 | -13.57 | -8.71 | 2.74 | 2.99 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- | -- | 0.50 |
| Current ratioi | 0.46 | 1.15 | 0.55 | 0.75 | 0.59 | 0.42 | 0.50 | 0.59 |
| Quick ratioi | 0.41 | 1.05 | 0.44 | 0.36 | 0.46 | 0.30 | 0.39 | 0.49 |
| Debt / assetsi | 141.70 | 43.30 | 47.71 | 47.56 | 65.00 | 95.82 | 102.22 | 93.46 |
| LT debt / equityi | -- | 7.07 | -- | -- | -- | -- | -- | -- |
| Interest coveragei | -- | -- | -55.08 | -28.06 | -14.92 | -6.76 | 2.11 | 2.80 |
| Revenue CAGR (3Y) %i | -- | -- | 76.99 | 76.40 | 60.73 | 28.72 | 11.89 | 5.63 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | -- | -- | -- |
| ROA %i | 9.66 | 12.60 | 8.31 | 5.67 | 4.31 | 8.46 |
| ROIC %i | -- | -- | -- | -- | -- | -- |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 4.05 | 5.28 | 3.75 | 2.99 | 2.26 | 3.92 |
| FCF / sales %i | -- | -- | -- | 0.50 | -- | -- |
| Current ratioi | 0.48 | 0.55 | 0.54 | 0.59 | 0.52 | 0.58 |
| Quick ratioi | 0.35 | 0.44 | 0.42 | 0.49 | 0.42 | 0.50 |
| Debt / assetsi | 118.47 | 99.33 | 104.90 | 93.46 | 102.47 | 87.52 |
| LT debt / equityi | -- | -- | -- | -- | -- | -- |
| Interest coveragei | 3.25 | 4.60 | 3.28 | 2.80 | 2.23 | 4.21 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Learning services is the largest reported line at 44.52% of revenue, across 3 reported segments.
- No single line clears half of revenue; Online marketing services is next at 42.96%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Learning services44.52%
Online marketing services42.96%
Smart devices12.52%
Region
People’s Republic of China (PRC)100.00%
Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.