Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Dingdong (Cayman) Limited

DDLNYSE
Wall Street Score · overall investment50/100
$1.95USD$-0.03 (-1.52%)
Company website www.100.me
HeadquartersBuilding 6, Shanghai, SH, 201201, CN
Financial statement currencyCNY · converted to USD at 0.148879
Consumer Defensive · Grocery Stores
Price updated todayFinancials updated Oct 1, 2026

DDL · Price history

Price at last available close

$1.95

−$0.24 (-10.96%) 1M

2026-10-27

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Company & revenue

About Dingdong (Cayman) Limited

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Dingdong (Cayman) Limited is a Chinese online retail enterprise that provides a comprehensive selection of food products. Its offerings span fresh produce, meats, seafood, and prepared meals, alongside a diverse assortment of groceries including dairy, baked goods, snacks, oils, seasonings, and beverages. The company manages its operations primarily through its self-operated digital platform, Dingdong Fresh.

How they make money

Dingdong operates a fresh grocery e-commerce business in China, utilizing a direct-to-consumer model supported by a network of regional fulfillment centers and frontline stations. The company generates revenue primarily through the sale of fresh food, groceries, and household products via its mobile application, leveraging proprietary supply chain technology and in-house production plants for private label goods to manage costs and ensure product quality.

Products & services

Fresh produce, meat, seafood, dairy, prepared meals, and various household grocery items.

Brands & revenue mix

Dingdong

Primary brand for the company's grocery e-commerce platform and private label products.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

ProductCNY 24.02B98.6%

Period ended 2025-12-31Source

ServiceCNY 342.00M1.4%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Individual retail consumers in mainland ChinaSource

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • Agricultural producers and food manufacturers — Various third-party suppliers of fresh produce, meat, and packaged food products; specific supplier names are not disclosed.Source

Competitors

  • Meituan — Competes in the local on-demand delivery and grocery e-commerce market in China.Source
  • Alibaba (Freshippo) — Operates a retail grocery chain and online delivery platform in China.Source
  • JD.com (JD Fresh) — Provides online grocery shopping and delivery services.Source

Strengths

  • Advanced supply chain and logistics infrastructureSource
  • Proprietary technology for demand forecasting and inventory managementSource

Risks

  • Intense competition in the grocery e-commerce industrySource
  • Regulatory risks associated with operating in ChinaSource

Financial risk observations and what to check

These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.

Quarterly revenue fell 98.8% versus the same quarter last year.

Check comparable business scope and currency, then separate volume, pricing and divestitures. One weaker quarter does not establish that the same decline will continue.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

50

Fair

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

55

Fair

Financial Strength

69

Business Quality / Moat

36

Management

100

Growth Quality

7

Risk / Durability

42

Cheap for a Reason · Review the Risks

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

70

Fully Valued

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

63/100

Building Historical Record

Model Score 63/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.

At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.

The model outlook is currently moderate.

What we like
  • •Balance-sheet / debt profile scores strongly
  • •Valuation scores attractively
  • •Recent buyback activity is present
What to watch
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for DDL

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving DDL's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •Is DDL's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •How is DDL likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • •Is DDL's valuation discount tied to a temporary concern or to a longer-term business risk?
  • •What does the current fundamental change risk warning mean for the reliability or interpretation of DDL's score?
Business analysis: 15 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

50

0–100 · Fair

Opportunity Score

70

0–100 · Fair

Market Cap

$426.4M

P/E Ratio

5.7

EPS

$0.37

52-Week High

$3.41

52-Week Low

$1.65

Beta

0.48

Intrinsic Value

$3.29

Shares Outstanding

218.7M

Total Revenue

$1.95B

Total Debt

$10.2M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$1.07

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
17/ 100
-18 pts / 5d

Strong downward momentum

5D -8.5% · 20D -10.6% · RSI 40 · Price vs 20D avg -7.1%
Volatility
28/ 100
+6 pts / 5d

Low movement

20D realized vol 35.1% · 60D 37.2% · Acceleration 0.94x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for DDL

Detected from reported data — verify before acting.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on DDL.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Advanced supply chain and logistics infrastructure.
  • +Proprietary technology for demand forecasting and inventory management.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Grocery Stores industry.
  • −Intense competition in the grocery e-commerce industry.
  • −Regulatory risks associated with operating in China.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Fair50/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

50

Tap for breakdown →

Strong

88

Debt Cost0.7%
Debt Reduction YoY19.5%
Debt / Equity2.34x

Tap for breakdown →

Weak

45

Revenue YoY-46.2%
Revenue CAGR10.4%
Net Margin4.1%

Tap for breakdown →

Fair

55

Asset Growth YoY-1.4%
Liquidation/Share$1.07
Net Assets/MCap2.63x

Tap for breakdown →

Strong

70

Earnings Yield17.5%
Buyback Yield0.5%
Debt Cost0.7%

Tap for breakdown →

Elite

100

ROIC177.9%
ROE38.0%
ROA6.6%

Tap for breakdown →

Poor

36

EPS Growth-28.5%
FCF/Share Growth-56.9%
Rev/Share Growth-1.0%

Tap for breakdown →

Elite

92

Intrinsic Value$3.29
Value Reference$1.98
MOS35.3%

Tap for breakdown →

Fair

69

Revenue45
Moat36
Valuation92

Tap for breakdown →

Strong

88

MOS %35.3%
Value Reference$1.98
Deep Discount Reference$1.32

Tap for breakdown →

Poor

33

Interest Coverage7.8x
ROIC177.9%
FCF Yield11.2%

Tap for breakdown →

Fair

56

Financial33
Valuation92
Debt88

Tap for breakdown →

Weak

40

Survival Years0.6 yrs
Current Ratio1.05x
FCF Margin1.4%

Tap for breakdown →

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Score Changes

6 historical score records available

Previous Score

59

Sep 17, 2026

Change

-8.9

points

Current Score

50

Oct 1, 2026

Category Changes

Revenue0
Debt0
Assets0
Capital0
Management0
Moat0
Valuation+2.8
Buffett+0.3

DDL decreased 8.9 points because some fundamentals weakened.

Positive Contributors

  • + Valuation improved by 2.8 points

Projected Score

Projected Score

55

Projected Change

+5.1 points

Preliminary comparable-period financial changes suggest improvement of approximately 5.1 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Undervalued

Current Price

$1.95

Model Intrinsic Value

$3.29

Difference

−$1.34

-40.8% vs IV

Margin of Safety

40.8%

UndervaluedFair ValueOvervalued
Value Reference: $1.98
Deep Discount Reference: $1.32

Financial Charts

Revenue

2019202020212022202320242025$0$950M$1.9B$2.9B$3.8B

Additional Metrics

Operating Cash Flow

2019202020212022202320242025-$900M-$600M-$300M$0$300M

Total Debt

2019202020212022202320242025$0$250M$500M$750M$1.0B

Total Assets

2019202020212022202320242025$0$400M$800M$1.2B$1.6B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019
Revenue$1.95B$3.63B$3.43B$2.97B················
Cost of Revenue$1.40B$2.57B$2.40B$2.06B················
Gross Profit$549.7M$1.06B$1.03B$911.6M················
Research & Development$67.6M$122.4M$119.1M$119.5M················
SG&A Expenses$84.1M$143.4M$141.1M$111.9M················
Operating Expenses$559.7M$1.04B$1.00B$931.0M················
EBITDA-$1.8M$52.9M$71.8M$27.1M················
Operating Income-$10.0M$19.6M$31.9M-$19.4M················
Interest Expense$894K$2.5M$7.0M$14.7M················
Income Before Tax-$2.0M$35.9M$47.7M-$10.7M················
Income Tax Expense$568K$1.4M$2.4M$2.9M················
Net Income$80.6M$33.0M$43.9M-$14.9M················
Basic EPS$0.37$0.15$0.20$-0.10················
Basic Shares217M217M216M132M················
Diluted Shares217M219M225M144M················
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Nov 18, 2026
Estimated EPS: $1.97Estimated revenue: $1.15B
Jun 30, 2026Q2FY2026

Revenue

$10.9M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.18

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-97.3%

Cash Change

+53.5%

Margin Change

+365.8 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Cash position grew
  • Debt reduced

Potential Score Impact

Positive indicators included EPS growth, cash levels, debt levels, net income margin. Pressure indicators included revenue growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 98.8%. EPS increased 159.6%. Cash increased 53.5%. Total debt declined 97.3%. Net income margin improved by 365.8 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

6 historical records
Jul 23, 26Aug 12, 26Sep 3, 26Sep 6, 26Sep 17, 26Oct 1, 260255075100

Historical Score Chart

3 of 6 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 3 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Debt Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Revenue Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Asset Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Capital Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Management Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Moat Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Valuation Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Buffett Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Intrinsic Value

Sep 6, 26Sep 17, 26Oct 1, 26$3.28$3.29$3.29$3.29$3.29

Value Reference

Sep 6, 26Sep 17, 26Oct 1, 26$1.97$1.97$1.97$1.97$1.98

Margin of Safety %

Sep 6, 26Sep 17, 26Oct 1, 260.3%0.3%0.3%0.3%0.4%

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News

Rumor Mill · DDL

Corporate developments & opportunities

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No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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