# Youdao, Inc. (DAO)

> Consumer Defensive · CN · Reports in CNY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/DAO/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | ¥ 2.81B | ¥ 112.16M | N/A | ¥ 1.71B | ¥ -1.85B |
| 2025 | ¥ 5.91B | ¥ 107.35M | ¥ 0 | ¥ 1.85B | ¥ -1.97B |
| 2024 | ¥ 5.65B | ¥ 82.61M | ¥ 0 | ¥ 1.85B | ¥ -2.14B |
| 2023 | ¥ 5.42B | ¥ -553.14M | ¥ 0 | ¥ 1.60B | ¥ -2.19B |
| 2022 | ¥ 5.03B | ¥ -729.14M | ¥ 0 | ¥ 1.48B | ¥ -1.54B |
| 2021 | ¥ 4.10B | ¥ -1.02B | ¥ -4.79B | ¥ 1.25B | ¥ -807.07M |
| 2020 | ¥ 3.28B | ¥ -1.81B | ¥ 117.33M | ¥ 987.73M | ¥ -1.41B |
| 2019 | ¥ 1.35B | ¥ -624.49M | ¥ -187.21M | ¥ 899.21M | ¥ 300.09M |
| 2018 | ¥ 799.25M | ¥ -237.86M | N/A | ¥ 878.00M | ¥ -1.14B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | -0.93 |
| Liabilities / Eq | -2.04 |
| Current Ratio | 0.58 |

## Other views

- [Metrics](https://sponda.capital/en/DAO.md)
- [Charts](https://sponda.capital/en/DAO/charts.md)
- [Compare](https://sponda.capital/en/DAO/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.