Dida Inc. (02559) Expects Significant Year-on-Year Decrease in Revenue and Profit for 2025

Bulletin Express
Mar 06

Dida Inc. (02559) announced a profit warning, indicating that for the year ended December 31, 2025, revenue is expected to range between RMB477.30 million and RMB527.60 million, down 33% to 39% from RMB787.20 million in 2024. Profit attributable to equity shareholders is anticipated at RMB123.30 million to RMB136.30 million, representing an 86% to 88% decrease from RMB1,004.30 million last year. Adjusted net profit is projected at RMB131.00 million to RMB144.80 million, down 32% to 38% compared with RMB211.40 million in 2024.

These results reflect pricing pressure due to negative macro-economic conditions and intensified competition in the mobility sector, which contributed to reduced carpooling activities and lower completed orders. Additionally, the stated profit for 2024 included a significant fair value change in the convertible redeemable preferred shares, which the company no longer holds in 2025. The finalized annual results for 2025 are set to be published in due course, and investors are advised to exercise caution when dealing in the shares of Dida Inc.

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