DAO vs NAMI
Youdao, Inc. and Jinxin Technology Holding Co., side by side — 4 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | DAO | NAMI |
|---|---|---|
| Revenue | CNY 5.9B | CNY 413.0M |
| Net income | CNY 97.0M | CNY -94.3M |
| Gross margin | 44.3% | 11.0% |
| Net margin | 1.6% | −24.4% |
| Return on equity | · | −87.4% |
| Diluted EPS | CNY 0.90 | −CNY 0.07 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | CNY 29.6M | CNY -25.4M |
| Equity | · | CNY 83.9M |
| Net debt / equity | · | −0.59× |
| Current ratio | 0.59× | 1.53× |
| Revenue CAGR 5y | 18.5% | · |
| Profit CAGR 5y | · | · |
DAO bills 14.3× the revenue of NAMI, and NAMI closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
4 years side by side
| Fiscal year | DAO | NAMI |
|---|---|---|
| FY2025 | CNY 5.9B | CNY 413.0M |
| FY2024 | CNY 5.6B | CNY 406.4M |
| FY2023 | CNY 5.4B | CNY 379.8M |
| FY2022 | CNY 5.0B | CNY 236.4M |
Bottom line
| Fiscal year | DAO | NAMI |
|---|---|---|
| FY2025 | CNY 97.0M | CNY -94.3M |
| FY2024 | CNY 75.2M | CNY 20.3M |
| FY2023 | CNY -550.1M | CNY 70.5M |
| FY2022 | CNY -745.9M | CNY 52.8M |
Standard deviation, each side
NAMI's net margin has been more volatile than DAO's over the 4 comparable fiscal years — 19.2 percentage points of standard deviation against 7.2.
4 of 9 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between DAO and NAMI over these 4 fiscal years — DAO led in 1 and NAMI in 3.
4 of 9 comparable fiscal years — a year missing data on either side is not counted.