Dida Chuxing's annual revenue is 500 million: down 36% year-over-year; adjusted net profit is 140 million, down 34.6%

MaticHoleFiller · 2026-04-06T14:07:09+00:00

Dida Chuxing releases 2025 annual report, with revenue of 502 million yuan, down 36.2% year-on-year. Gross profit is 333 million yuan, with gross profit margin decreasing to 66.3%. Sales and marketing expenses decreased by 28.8%, while administrative expenses increased by 94.6% due to employee severance costs. Adjusted net profit is 138 million yuan, down 34.6%. As of the end of the year, cash and cash equivalents totaled 967 million yuan.

MaticHoleFiller

2026-04-06 14:07:09

Abstract generation in progress

Lei Di Network, Letian April 4

Dida Travel (Stock Code: 02559) recently released its 2025 annual report. The annual report shows that in 2025, Dida Travel’s revenue was 502 million yuan, down 36.2% from 787 million yuan in the same period last year.

In 2025, Dida Travel’s revenue from travel-related services was 487 million yuan, down 35.8% from 760 million yuan in the same period last year.

In 2025, Dida Travel’s gross profit was 333 million yuan, down 41.3% from 567 million yuan in the same period last year; Dida Travel’s gross profit margin was 66.3%, down 5.7 percentage points from 72% in the same period last year.

In 2025, Dida Travel’s sales and marketing expenses were 122 million yuan, down 28.8% from 171 million yuan in the same period last year. This was mainly due to a cautious promotion strategy and more precise marketing driven by algorithms, resulting in lower user subsidies and incentives and reduced marketing promotion expenses. In addition, client service outsourcing expenses declined due to fewer orders.

In 2025, Dida Travel’s administrative expenses were 73.70 million yuan, up 94.6% from 37.90 million yuan in the same period last year. This was mainly due to one-off employee severance costs from organizational streamlining and an increase in employee bonuses.

In 2025, Dida Travel’s R&D expenses were 105 million yuan, down 24.8% from 139 million yuan in the same period last year. This was mainly due to a reduction in the number of R&D personnel and R&D personnel costs caused by organizational streamlining.

In 2025, Dida Travel’s profit was 130 million yuan; adjusted net profit was 138 million yuan, down 34.6% from 211 million yuan in the same period last year.

As of December 31, 2025, Dida Travel held cash and cash equivalents of 967 million yuan, compared with 1,057 million yuan in the same period last year.

The trading volume of Dida Travel on the Hong Kong stock market is very low. As of the close on the most recent trading day, Dida Travel’s share price was HK$1.29, and its market value was HK$1.31 billion.

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