DAO Cash Conversion Ratio

Youdao, Inc. American Depositary Shares, each representing one Class A Ordinary Share · Cash Conversion Ratio

DAO Cash Conversion Ratio

Current (TTM)0.00×retrievedOct 20, 2026

DAO Cash Conversion Ratio (0.73× → 0.00×)

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DAO cash conversion ratio history

Annual fiscal periods. Dates are reporting period ends; fiscal years can differ from calendar years.

Youdao, Inc. American Depositary Shares, each representing one Class A Ordinary Share Cash Conversion Ratio — Annual fiscal periods

Period ending	Cash Conversion Ratio
Dec 31, 2025	0×
Dec 31, 2024	-0.9694×
Dec 31, 2023	0.8292×
Dec 31, 2022	0.9255×
Dec 31, 2021	1.4166×
Dec 31, 2020	0.2045×
Dec 31, 2019	0.6491×
Dec 31, 2018	0.5471×
Dec 31, 2017	0.7321×