Doudao Quan: Achieved Revenue of 6.195 Billion Yuan in 2025, Up 4.24% Year-over-Year

From China Securities Journal · China Securities Network

China Securities Journal China Securities Network News (Reporter Yang Ziyan): On the evening of March 18, DaDaoQuan released its 2025 annual report. In 2025, DaDaoQuan achieved operating revenue of 6.195 billion yuan, a year-on-year increase of 4.24%; net profit attributable to shareholders of the listed company was 234 million yuan, up 32.02% year-on-year; net profit after deducting non-recurring gains and losses was 187 million yuan, up 53.25%; basic earnings per share were 0.679 yuan, an increase of 32.02%; the weighted average return on net assets was 10.68%, an increase of 2.12 percentage points compared to the previous year. The profit distribution plan for 2025 proposes to distribute 1.20 yuan (including tax) per 10 shares to all shareholders. Combined with the interim dividend already paid, the total dividends for 2025 will exceed 101.8 million yuan (including tax), accounting for 43.59% of the net profit attributable to the parent company for the year.

DaDaoQuan stated that in 2025, the company effectively reduced operating costs and improved asset utilization by optimizing production scheduling, strictly controlling inventory levels, and enhancing capital turnover efficiency, resulting in steady improvements in operational quality and efficiency. Regarding expense management, sales expenses decreased by 21.35% year-on-year, and financial expenses significantly decreased by 91.35%, mainly due to improved channel efficiency, optimized fund management, and reduced exchange losses. The continued improvement in the expense structure further increased profit margins; at the same time, the company effectively hedged raw material price fluctuations through optimized hedging strategies. The total gains and losses from hedging instruments and hedged items reached approximately 304 million yuan for the year, enhancing risk resistance and operational efficiency simultaneously.

As a leading enterprise in the domestic rapeseed oil segment, DaDaoQuan continues to improve channel construction. In 2025, the company focused on precise channel development and layered promotion: first, strengthening provincial capital benchmarks in mature markets to expand influence; second, focusing on potential areas in weak and blank markets to cultivate growth, increasing the number of distributors to 1,455, an increase of 11.49% year-on-year, with steady expansion of regional distributor teams and continuous deepening of market penetration nationwide.

In core business, packaging oil revenue reached 3.788 billion yuan in 2025, a year-on-year increase of 6.21%, accounting for 61.16% of total revenue. Online and offline channels worked together, with online direct sales revenue increasing by 9.69% year-on-year, and distributor model revenue increasing by 7.87%, solidifying market coverage through dual-channel operation.