--- title: "DIDA INC's 2025 performance is lackluster: revenue down 36%, net profit down 34.6%" type: "News" locale: "en" url: "https://longbridge.com/en/news/282049086.md" description: "DIDA INC's performance in 2025 was lackluster, with revenue of 502 million yuan, a year-on-year decrease of 36.2%; net profit was 138 million yuan, down 34.6%. Although certain contractions were achieved through cost control and cash flow remained stable, intensified industry competition and strategic adjustments put pressure on core operating indicators. The gross profit margin fell to 66.3%, and the company faces multiple challenges, with stock price and market value not showing significant recovery" datetime: "2026-04-08T13:08:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282049086.md) - [en](https://longbridge.com/en/news/282049086.md) - [zh-HK](https://longbridge.com/zh-HK/news/282049086.md) --- # DIDA INC's 2025 performance is lackluster: revenue down 36%, net profit down 34.6% According to Sina Finance, on April 4, 2026, the Hong Kong-listed company DIDA INC (stock code: 02559) officially disclosed its annual report for 2025. Affected by intensified industry competition and its own strategic adjustments, the company's core operating indicators generally faced pressure, with revenue, gross profit, and net profit all declining year-on-year; however, through cost optimization, expenses achieved a certain contraction, and cash flow remained relatively stable. Nevertheless, the overall Hong Kong stock market is sluggish, and stock prices and market value have not shown significant recovery, facing multiple challenges in future development. The financial report shows that in 2025, the company achieved total revenue of 502 million yuan, a decrease of 36.2% compared to 787 million yuan in the same period last year. Among them, core mobility service revenue was 487 million yuan, a year-on-year decrease of 35.8%, which is basically consistent with the decline in total revenue, indicating that the decline was mainly dragged down by the main business. The previous performance forecast had estimated revenue of 477 million to 528 million yuan, and the actual 502 million yuan is in the middle of the range, in line with market expectations. Profitability also narrowed. The annual gross profit was 333 million yuan, a decrease of 41.3% compared to 567 million yuan in the same period last year, with a decline greater than that of revenue; the gross profit margin dropped from 72% to 66.3%, a decrease of 5.7 percentage points. On one hand, the shrinking revenue scale weakened the economies of scale; on the other hand, fluctuations in mobility service costs and market pricing pressure further compressed profit margins. After adjustments, net profit performance was similarly weak. The adjusted net profit for 2025 was 138 million yuan, a decrease of 34.6% compared to 211 million yuan in the same period last year, consistent with the previously forecasted range. The decline in net profit is the result of the combined effects of revenue contraction and cost structure adjustments. Although some expenses were controlled, it was still difficult to fully offset the impact of declining revenue. In terms of cost control, the company adopted a relatively cautious strategy in 2025, and the effects are gradually becoming apparent. Sales and marketing expenses were 122 million yuan, a year-on-year decrease of 28.8%, mainly benefiting from precise targeting brought by algorithm optimization, as well as reductions in user subsidies and marketing expenses; Research and development expenses amounted to 105 million yuan, a decrease of 24.8%, due to the simultaneous reduction of R&D personnel and related costs following organizational streamlining. It is noteworthy that administrative expenses, however, experienced counter-cyclical growth, reaching 73.7 million yuan, a significant increase of 94.6% compared to 37.9 million yuan in the same period last year. This was mainly due to one-time employee severance costs incurred during the organizational optimization process, as well as an increase in employee bonuses, which somewhat offset the effects of other cost-saving measures. In terms of cash flow, the company still maintains strong resilience. As of December 31, 2025, the balance of cash and cash equivalents was 967 million yuan, although it slightly decreased from 1.057 billion yuan in the same period last year, it remains relatively sufficient, providing a buffer for future operations. However, in the Hong Kong stock market, DIDA INC's stock price closed at HKD 1.29 on the latest trading day, with a market capitalization of only HKD 1.31 billion, and trading activity has been sluggish, indicating that investor confidence needs further boosting. Overall, DIDA INC in 2025 presents a situation of "pressure and optimization coexisting": the decline in revenue and profit reflects the challenges brought by the external environment and internal adjustments, while the contraction in sales and R&D expenses demonstrates the company's proactive cost control efforts. Although organizational streamlining has led to an increase in short-term administrative expenses, it will help improve operational efficiency in the long run. In the future, how to stabilize existing businesses while seeking new growth breakthroughs, improve profitability, and regain market confidence will be key issues facing the company. (Comprehensive coverage from Sina Finance, Tonghuashun Finance, and Dongfang Caifu Finance) ### Related Stocks - [02559.HK](https://longbridge.com/en/quote/02559.HK.md) ## Related News & Research - [Dida files HKEX next-day disclosure return, issues 7,941,979 new shares under RSU scheme](https://longbridge.com/en/news/290424575.md) - [Dida files list of directors with Hong Kong Stock Exchange](https://longbridge.com/en/news/290210677.md) - [Dida names Li Jinlong chair of newly formed ESG committee](https://longbridge.com/en/news/290216304.md) - [The Tech Stock Market Isn't Broken, It's Maturing](https://longbridge.com/en/news/290780770.md) - [HK Electric raises fuel charge by nearly 34% and further increases expected](https://longbridge.com/en/news/290822574.md)