Fundies.
English

DiDi Global Inc.

EDGAR
Annual report for a foreign issuer (20-F) · filed 2026-04-13

Annual consolidated revenue for 2025: about Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 226.7B, using the latest reported figures. The previous period, 2024, was about Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 206.8B.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments
Watchlist

Latest fiscal year

Revenue

227 billion Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2025 · Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

Exact inputs and evidence
  • Revenue: 226701433000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Source

Operating margin

-1.6%

2025 · %

Exact inputs and evidence
  • Operating Income: -3629465000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Source
  • Revenue: 226701433000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Source

Operating cash flow

9.82 billion Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2025 · Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

Exact inputs and evidence
  • Operating Cash Flow: 9816065000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Source

Free cash flow

6.46 billion Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2025 · Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

Exact inputs and evidence
  • Operating Cash Flow: 9816065000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Source
  • Capital Expenditure Including Intangibles: 3355749000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Source
Cash and cash equivalents
23.8 billion Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Source
Exact value

23808032000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

Long-term debt including current maturities
Not available
Shares outstanding
1.18 billion Unit_Standard_shares_NyEZdZPYxUKbbLHugyjy5g Source
Exact value

1182633848 Unit_Standard_shares_NyEZdZPYxUKbbLHugyjy5g

Reported share-count change

989.67% · 1.07 billion Unit_Standard_shares_NyEZdZPYxUKbbLHugyjy5g

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 108531508 Unit_Standard_shares_NyEZdZPYxUKbbLHugyjy5g · 2020-12-31· Source
  • 1182633848 Unit_Standard_shares_NyEZdZPYxUKbbLHugyjy5g · 2021-12-31· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-04-13.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2025-12-31
  • Operating income: 3 of 11 periods available· newest 2025-12-31
  • Net income: 3 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 3 of 11 periods available· newest 2025-12-31
  • Total liabilities: 3 of 11 periods available· newest 2025-12-31
  • Current assets: 3 of 11 periods available· newest 2025-12-31
  • Current liabilities: 3 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 4 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 2 of 11 periods available· newest 2021-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +9.6%

    Prior period

    Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 206.8 billion

    –

    Current period

    Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 226.7 billion

    –

    Exact inputs and evidence

    226701433000 − 206798631000 = 19902802000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

    206798631000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    226701433000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    -21.1%

    Prior period

    Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 1.26 billion

    –

    Current period

    Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 992.65 million

    –

    Exact inputs and evidence

    992647000 − 1258329000 = -265682000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

    1258329000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    992647000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    +52.1%

    Prior period

    Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 6.45 billion

    –

    Current period

    Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 9.82 billion

    –

    Exact inputs and evidence

    9816065000 − 6454554000 = 3361511000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

    6454554000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    9816065000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 226.7 billion 100% of revenue
  • Operating costs Derived Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 230.33 billion 102% of revenue
  • Operating income −Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 3.63 billion −1.6% of revenue
  • Tax, interest and other Derived −Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 4.62 billion −2% of revenue
  • Net income Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 992.65 million 0.4% of revenue

Cash

  • Operating cash flow Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 9.82 billion 4.3% of revenue
  • Capital expenditure including intangibles Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 3.36 billion 1.5% of revenue
  • Free cash flow Derived Capital expenditure here includes intangible assets. Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 6.46 billion 2.8% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 Operating loss: operating costs were 101% of revenue.
  • 2024 99%
  • 2025 Operating loss: operating costs were 102% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2023-01-01 – 2023-12-31192379918000 195218375000 Derived -2838457000 1955107000 Derived -4793564000 845773000 Derived Capital expenditure here includes intangible assets.
Source
2024 2024-01-01 – 2024-12-31206798631000 204856192000 Derived 1942439000 684110000 Derived 1258329000 2846951000 Derived Capital expenditure here includes intangible assets.
Source
2025 2025-01-01 – 2025-12-31226701433000 230330898000 Derived -3629465000 -4622112000 Derived 992647000 6460316000 Derived Capital expenditure here includes intangible assets.
Source

Amounts are exact, in Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 226.7B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.244.8B183.6B122.4B61.2B0.0202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ)Source evidence
2023Revenue192379918000
2024Revenue206798631000
2025Revenue226701433000

Revenue growth

Change in revenue from the same financial period one year earlier.

9.6% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.4%7.8%5.2%2.6%0.0%202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over year7.5%
2025Year over year9.6%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -1.6% 2025
Net margin 0.4% 2025
Free cash flow margin 2.8% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.3%1.7%0.2%-1.4%-2.9%202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating margin-1.5%
2024Operating margin0.9%
2025Operating margin-1.6%
2023Net margin-2.5%
2024Net margin0.6%
2025Net margin0.4%
2023Free cash flow margin0.4%
2024Free cash flow margin1.4%
2025Free cash flow margin2.8%

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 9.8B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.6B8.0B5.3B2.7B0.0202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ)Source evidence
2023Operating cash flow3186263000
2024Operating cash flow6454554000
2025Operating cash flow9816065000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 6.5B 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7.0B5.2B3.5B1.7B0.0202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ)Source evidence
2023Free cash flow845773000
2024Free cash flow2846951000
2025Free cash flow6460316000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

37.7% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.41%31%20%10%0%202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023Liabilities / assets31%
2024Liabilities / assets31.4%
2025Liabilities / assets37.7%

Current assets to current liabilities

Current assets divided by current liabilities.

1.36× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.74×1.30×0.87×0.43×0.00×202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023Current assets / current liabilities1.54×
2024Current assets / current liabilities1.61×
2025Current assets / current liabilities1.36×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2023 2023-01-01 – 2023-12-31
−Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 4.79 billion
Exact value

Exact value: -4793564000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2023-01-01 – 2023-12-31: -4793564000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 3.19 billion
Exact value

Exact value: 3186263000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2023-01-01 – 2023-12-31: 3186263000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 2.34 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 2340490000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2023-01-01 – 2023-12-31: 2340490000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 845.77 million Capital expenditure here includes intangible assets.
Calculation and evidence

3186263000 − 2340490000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

Exact free cash flow: 845773000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2024 2024-01-01 – 2024-12-31
Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 1.26 billion
Exact value

Exact value: 1258329000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2024-01-01 – 2024-12-31: 1258329000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 6.45 billion
Exact value

Exact value: 6454554000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2024-01-01 – 2024-12-31: 6454554000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 3.61 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 3607603000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2024-01-01 – 2024-12-31: 3607603000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 2.85 billion Capital expenditure here includes intangible assets.
Calculation and evidence

6454554000 − 3607603000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

Exact free cash flow: 2846951000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2025 2025-01-01 – 2025-12-31
Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 992.65 million
Exact value

Exact value: 992647000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2025-01-01 – 2025-12-31: 992647000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 9.82 billion
Exact value

Exact value: 9816065000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2025-01-01 – 2025-12-31: 9816065000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 3.36 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 3355749000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

2025-01-01 – 2025-12-31: 3355749000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ 6.46 billion Capital expenditure here includes intangible assets.
Calculation and evidence

9816065000 − 3355749000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

Exact free cash flow: 6460316000 Unit_Standard_CNY_G0w_gIsGD0GJF6LL65V4CQ

Share or cite

The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

15 filings · 1,221 latest values · 1,221 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001764757, 1764757, edgar:1764757

Also known as DiDi Global Inc., DiDi Global Inc., Xiaoju Kuaizhi Inc.