XNYSDAO
Market cap842mUSD
Dec 23, Last price
7.13USD
1D
1.13%
1Q
119.38%
IPO
-42.50%
Name
Youdao Inc
Chart & Performance
P/E
—
P/S
1.14
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
4.20%
Rev. gr., 5y
49.09%
Revenues
5.39b
+7.50%
Net income
-550m
L-25.66%
CFO
-438m
L-27.35%
Earnings
Feb 26, 2025
Profile
Youdao, Inc., an internet technology company, provides online services in the field of content, community, communication, and commerce in China. It operates through three segments: Learning Services, Smart Devices, and Online Marketing Services. The company provides various learning content, applications, and solutions, which cover topics and target people from various age groups for their learning needs through its websites and mobile applications. It offers online knowledge tools, which include Youdao and other dictionaries and translation tools; learning services consisting of tutoring, fee-based premium, and other services; STEAM courses, adult and vocational courses, and other courses, such as China University MOOC; smart devices, such as Youdao Dictionary Pen, Youdao Listening Pod, Youdao Smart Lamp, Youdao Pocket Translator, and Youdao Super Dictionary; education digitalization solutions comprising technologies and solutions licensed to schools or enterprise customers, such as Youdao Smart Learning Terminal, and Youdao Smart Cloud; and online marketing services. In addition, the company provides online courses comprising Youdao Premium Courses and NetEase Cloud Classroom, as well as technical support to the variable interest entities (VIEs). Youdao, Inc. was founded in 2006 and is headquartered in Hangzhou, China. Youdao, Inc. is a subsidiary of NetEase, Inc.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 5,389,208 7.50% | 5,013,182 24.84% | 4,015,794 26.78% | ||||
Cost of revenue | 5,855,534 | 5,787,862 | 4,902,264 | ||||
Unusual Expense (Income) | |||||||
NOPBT | (466,326) | (774,680) | (886,470) | ||||
NOPBT Margin | |||||||
Operating Taxes | 11,089 | 13,844 | 6,648 | ||||
Tax Rate | |||||||
NOPAT | (477,415) | (788,524) | (893,118) | ||||
Net income | (549,935) -25.66% | (739,778) -20.12% | (926,087) -47.18% | ||||
Dividends | |||||||
Dividend yield | |||||||
Proceeds from repurchase of equity | (127,543) | (50,700) | 1,498,627 | ||||
BB yield | 26.67% | 8.35% | -98.71% | ||||
| Debt | |||||||
Debt current | 916,842 | 878,000 | 878,000 | ||||
Long-term debt | 767,876 | 609,615 | 401,168 | ||||
Deferred revenue | |||||||
Other long-term liabilities | 16,314 | 8,832 | 2,411 | ||||
Net debt | 1,106,661 | 380,876 | 419,774 | ||||
| Cash flow | |||||||
Cash from operating activities | (438,145) | (603,123) | (1,346,410) | ||||
CAPEX | (17,850) | (69,757) | (64,073) | ||||
Cash from investing activities | 125,573 | 125,823 | 47,074 | ||||
Cash from financing activities | (18,942) | 184,649 | 1,783,713 | ||||
FCF | (68,627) | (965,672) | (967,471) | ||||
| Balance | |||||||
Cash | 526,661 | 1,016,036 | 826,876 | ||||
Long term investments | 51,396 | 90,703 | 32,518 | ||||
Excess cash | 308,597 | 856,080 | 658,604 | ||||
Stockholders' equity | (5,991,411) | (5,427,970) | (4,644,347) | ||||
Invested Capital | 5,475,161 | 5,352,600 | 5,069,132 | ||||
ROIC | |||||||
ROCE | 90.33% | 1,027.84% | |||||
| EV | |||||||
Common stock shares outstanding | 121,382 | 112,864 | 121,651 | ||||
Price | 3.94 -26.77% | 5.38 -56.89% | 12.48 -52.96% | ||||
Market cap | 478,245 -21.24% | 607,211 -60.00% | 1,518,203 -49.30% | ||||
EV | 1,642,539 | 1,045,902 | 2,014,643 | ||||
EBITDA | (436,685) | (732,467) | (856,372) | ||||
EV/EBITDA | |||||||
Interest | 69,472 | 45,607 | 31,644 | ||||
Interest/NOPBT | |||||||