DAOYoudao, Inc.
Is the business good?
The checks split: nothing decisive, though thin cash backing (0.3×).
Operating profit outpaces operating cash flow, watch accruals and working capital. Conversion is improving vs a year ago.
Margins have held roughly steady, a stable cost structure.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is DAO?
Youdao, Inc. keeps 3.8% of every revenue dollar as operating profit, against 13% for the median Education & Training Services name.
Operating margin · Education & Training Services median 13% · fiscal year to FY2025
- Cash conversion
- 0.29×
Cash conversion · −0.49× a year ago · the operating profit has not turned into cash yet
- Share count, year on year
- +1.4%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 8.7%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2020 | −34% |
| FY2021 | −23% |
| FY2022 | −15% |
| FY2023 | −8.6% |
| FY2024 | 2.6% |
| FY2025 | 3.8% |
Details›
- Gross marginfiscal year to FY2025
- 44%
- Operating marginfiscal year to FY2025
- 3.8%
- Net marginfiscal year to FY2025
- 1.6%
- Free cash flow margin
- 0.50%
- R&D as % of revenue
- 8.7%
- Revenue, trailing twelve months
- $5.91B
- Free cash flow, trailing twelve months
- $30M
- Net income, trailing twelve months
- $97M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Education & Training Services
Ranks #12 of 15 by RyuScore