Dida (2559) H1 2026 earnings summary

Executive summary

• H1 2026 revenue fell to RMB165.2m from RMB286.3m; net loss was RMB62.3m versus net profit of RMB134.3m, while adjusted net loss was RMB56.9m.

• Mobility platform activity included 25.9m total orders and RMB1,511m GTV; carpooling reached 366 cities and ~21.4m certified private car owners.

• Following Tongcheng Travel’s offer close, it became an indirect subsidiary; public float was 11.26%, below the 25% minimum.

Financial highlights

• Revenue was RMB165.2m versus RMB286.3m, and gross profit was RMB104.4m versus RMB191.8m.

• Net loss was RMB62.3m versus net profit of RMB134.3m; basic and diluted EPS were both RMB-0.06, versus RMB0.14 and RMB0.13.

• Adjusted net loss, excluding share-based payment expenses, was RMB56.9m versus adjusted net profit of RMB135.8m.

• Loss before tax was RMB66.4m versus profit before tax of RMB134.6m; income tax was a RMB4.0m credit versus a RMB0.3m expense.

• Other gains and losses swung to a RMB81.3m loss from a RMB80.5m gain, including a RMB68.2m fair-value loss on the Uxin investment.

Outlook and guidance

• A strategic review will explore potential synergies with Tongcheng Travel across user scenarios, products, services, technology infrastructure and resources.

• Management views China’s carpooling market as early-stage, with demand and recognition of its benefits yet to be fully developed; mobility services development remains a priority.