DDC Enterprise Ltd (DDC) Form 6-K — Oct 23, 2026
DDC Enterprise reported H1 2026 revenue of RMB136.7 million (US$20.2 million), up approximately 29% year-over-year, driven by broader retail penetration and expanded offline distribution of its Asian food brands. Despite top-line growth, the company posted a net loss of RMB260.6 million (US$38.4 million) versus net income of RMB37.1 million a year earlier, almost entirely due to RMB232.5 million (US$34.3 million) in non-cash unrealized mark-to-market losses on its Bitcoin treasury.
Key figures
- Revenue
- 20200000
- Total Debt
- 18603831
- Total Assets
- 261333430
- Cash Position
- 725912
- Revenue rmb
- RMB136.7 million
- Gross margin
- 30.4% (vs 33.4% prior year)
- Net loss rmb
- RMB260.6 million
- Bitcoins held
- 2899
- Adjusted ebitda usd
- US$1.2 million (positive)
- Bank borrowings usd
- US$5.8 million
- Share based comp usd
- US$3.2 million
- Convertible loans usd
- US$18.6 million
- Interest expenses rmb
- RMB15.3 million
- Shareholder loans usd
- US$5.6 million
- Bitcoins held dec 2025
- 1181
- Unrealized bitcoin loss usd
- US$34.3 million
- Bitcoin holding increase pct
- 145% since start of 2026
AI analysis
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