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PDD (PDD) Financials

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$111.32 +0.47 (+0.42%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$113.99 +2.67 (+2.40%)
As of 05/6/2025 07:59 PM Eastern
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Annual Income Statements for PDD

Annual Income Statements for PDD

This table shows PDD's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -46 -77 -1,499 -1,000 -1,104 1,219 4,573 8,455 15,403
Consolidated Net Income / (Loss)		 -42 -81 -1,487 -1,000 -1,104 1,219 4,573 8,455 15,403
Net Income / (Loss) Continuing Operations		 -42 -81 -1,487 -1,000 -1,104 1,219 4,573 8,455 15,403
Total Pre-Tax Income 		-42 -81 -1,487 -1,004 -1,117 1,484 5,280 10,124 18,178
Total Operating Income		 -41 -91 -1,572 -1,226 -1,443 1,082 4,408 8,268 14,854
Total Gross Profit		 -10 157 1,487 3,418 6,185 9,766 14,367 21,960 32,871
Total Revenue		 72 268 1,910 4,328 9,150 14,743 18,929 34,879 53,955
Operating Revenue		 72 268 1,910 4,328 9,150 14,743 18,929 34,879 53,955
Total Cost of Revenue		 83 111 423 910 2,965 4,977 4,562 12,919 21,084
Operating Cost of Revenue		 83 111 423 910 2,965 4,977 4,562 12,919 21,084
Total Operating Expenses		 31 248 3,059 4,643 7,628 8,683 9,960 13,693 18,017
Selling, General & Admin Expense		 2.12 20 940 186 232 242 575 574 1,035
Marketing Expense		 24 206 1,956 3,902 6,336 7,030 7,879 11,576 15,248
Research & Development Expense		 4.22 20 162 556 1,060 1,411 1,506 1,543 1,734
Total Other Income / (Expense), net		 -0.83 11 85 221 326 402 872 1,857 3,324
Interest Expense		 - 0.00 0.00 21 116 193 7.49 6.20 0.00
Interest & Investment Income		 0.64 12 85 221 378 480 580 1,442 2,816
Other Income / (Expense), net		 -1.47 -1.56 -0.34 21 64 114 300 421 508
Income Tax Expense		 0.00 0.00 0.00 0.00 0.00 303 685 1,669 2,777
Other Gains / (Losses), net		 0.00 0.00 0.00 4.12 13 39 -23 -0.66 2.36
Basic Earnings per Share		 ($0.18) ($0.04) ($3.47) ($1.51) ($1.51) $1.55 $6.24 $1.56 $0.38
Weighted Average Basic Shares Outstanding		 1.82B 1.76B 2.97B 4.63B 4.77B 5.01B 5.06B 5.42B 5.54M
Diluted Earnings per Share		 ($0.18) ($0.04) ($3.47) ($1.51) ($1.51) $1.36 $5.48 $1.45 $0.36
Weighted Average Diluted Shares Outstanding		 1.82B 1.76B 2.97B 4.63B 4.77B 5.71B 5.76B 5.84B 5.92M
Weighted Average Basic & Diluted Shares Outstanding		 - - 4.46B 4.65B 5.06B - 5.28B 5.50B 5.57B

Quarterly Income Statements for PDD

No quarterly income statements for PDD are available.

Annual Cash Flow Statements for PDD

This table details how cash moves in and out of PDD's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 155 1,705 2,636 403 6,383 -1,381 3,807 4,152 605
Net Cash From Operating Activities		 126 1,486 1,131 2,128 4,337 4,517 7,033 13,263 16,704
Net Cash From Continuing Operating Activities		 126 1,486 1,130 2,128 4,337 4,517 7,033 13,263 16,704
Net Income / (Loss) Continuing Operations		 -42 -81 -1,487 -1,000 -1,104 1,219 4,573 8,455 15,403
Consolidated Net Income / (Loss)		 -42 -81 -1,487 -1,000 -1,104 1,219 4,573 8,455 15,403
Depreciation Expense		 0.11 0.35 72 92 100 235 322 111 97
Amortization Expense		 - - 0.00 11 23 55 74 155 265
Non-Cash Adjustments To Reconcile Net Income		 169 1,589 2,476 2,843 4,988 2,436 1,269 583 -734
Changes in Operating Assets and Liabilities, net		 -1.11 -22 69 183 330 572 795 3,959 1,673
Net Cash From Investing Activities		 -44 11 -1,099 -4,066 -5,900 -5,581 -3,242 -7,807 -16,215
Net Cash From Continuing Investing Activities		 -44 11 -1,099 -4,066 -5,900 -5,581 -3,242 -7,807 -16,215
Purchase of Property, Plant & Equipment		 -0.33 -1.37 -3.98 -3.94 -6.62 -516 -92 -82 -132
Purchase of Investments		 -48 -238 -1,126 -7,623 -14,365 -20,442 -24,763 -26,691 -36,696
Sale of Property, Plant & Equipment		 0.00 0.06 0.01 0.07 0.01 0.06 0.01 0.06 0.07
Sale and/or Maturity of Investments		 4.30 251 31 3,560 8,472 15,307 21,613 18,947 20,609
Other Investing Activities, net		 - - - 0.00 0.00 70 0.00 18 4.82
Net Cash From Financing Activities		 70 215 2,524 2,276 7,967 -294 1.46 -1,262 0.16
Net Cash From Continuing Financing Activities		 70 215 2,524 2,276 7,967 -294 1.46 -1,262 0.16
Repayment of Debt		 - 0.00 0.00 0.00 -142 -294 0.00 -1,262 0.16
Effect of Exchange Rate Changes		 - -7.32 80 65 -22 -23 15 -41 115
Cash Interest Received		 - 8.00 63 174 289 461 517 1,024 1,292
Cash Income Taxes Paid		 - - - - 0.00 0.00 708 812 2,397

Quarterly Cash Flow Statements for PDD

No quarterly cash flow statements for PDD are available.

Annual Balance Sheets for PDD

This table presents PDD's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 2,043 6,285 10,920 24,441 28,436 34,379 49,026 69,189
Total Current Assets		 2,016 5,879 10,481 22,998 25,250 31,407 41,515 56,944
Cash & Equivalents		 469 2,061 828 3,448 1,008 4,977 8,422 7,914
Restricted Cash		 1,438 2,384 3,959 8,063 9,355 8,405 8,730 9,374
Short-Term Investments		 7.67 1,111 5,067 9,928 13,576 16,690 22,171 37,509
Accounts Receivable		 68 148 340 652 667 916 1,046 1,037
Prepaid Expenses		 20 139 136 794 537 333 593 605
Other Current Assets		 14 36 151 112 106 85 551 504
Plant, Property, & Equipment, net		 1.42 4.23 5.93 31 346 151 138 120
Total Noncurrent Assets		 26 402 433 1,412 2,840 2,821 7,373 12,125
Intangible Assets		 0.00 375 286 196 110 19 2.98 2.63
Noncurrent Deferred & Refundable Income Taxes		 - - - 0.00 4.94 152 38 2.19
Other Noncurrent Operating Assets		 0.77 27 146 1,216 2,725 2,650 7,332 12,121
Total Liabilities & Shareholders' Equity		 2,043 6,285 10,920 24,441 28,436 34,379 49,026 69,189
Total Liabilities		 1,858 3,546 7,381 15,186 16,649 17,304 22,653 26,266
Total Current Liabilities		 1,858 3,546 6,571 12,902 14,708 16,947 21,536 25,814
Short-Term Debt		 - 0.00 129 287 0.00 2,013 91 727
Accounts Payable		 12 70 216 521 308 3,039 7,796 9,472
Customer Deposits		 273 610 1,126 1,681 2,131 2,183 2,377 2,255
Current Deferred Revenue		 8.66 28 87 373 183 201 302 404
Other Current Liabilities		 1,510 2,515 4,313 8,319 9,876 9,510 10,969 12,955
Total Noncurrent Liabilities		 0.00 0.00 810 2,284 1,940 357 1,118 452
Long-Term Debt		 - 0.00 748 2,220 1,850 228 737 0.00
Noncurrent Deferred & Payable Income Tax Liabilities		 - - - 0.00 4.91 1.89 8.43 15
Other Noncurrent Operating Liabilities		 - 0.00 1.06 0.45 0.16 126 372 437
Commitments & Contingencies		 - - 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 -152 2,740 3,539 9,255 11,787 17,075 26,372 42,924
Total Preferred & Common Equity		 -152 2,740 3,539 9,255 11,787 17,075 26,372 42,924
Total Common Equity		 -152 2,740 3,539 9,255 11,787 17,075 26,372 42,924
Common Stock		 9.42 4,238 5,958 13,335 14,961 14,390 15,112 16,143
Retained Earnings		 -158 -1,649 -2,627 -3,918 -2,779 2,203 10,580 25,677
Accumulated Other Comprehensive Income / (Loss)		 -3.54 151 208 -161 -395 482 665 1,072
Other Equity Adjustments		 - - - - 0.00 0.72 15 33

Quarterly Balance Sheets for PDD

This table presents PDD's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q4 2023
Period end date 12/31/2022 12/31/2023
Total Assets		 34,379 49,026
Total Current Assets		 31,407 41,515
Cash & Equivalents		 4,977 8,422
Restricted Cash		 8,405 8,730
Short-Term Investments		 16,690 22,171
Accounts Receivable		 916 1,046
Prepaid Expenses		 333 593
Other Current Assets		 85 551
Plant, Property, & Equipment, net		 151 138
Total Noncurrent Assets		 2,821 7,373
Intangible Assets		 19 2.98
Noncurrent Deferred & Refundable Income Taxes		 152 38
Other Noncurrent Operating Assets		 2,650 7,332
Total Liabilities & Shareholders' Equity		 34,379 49,026
Total Liabilities		 17,304 22,653
Total Current Liabilities		 16,947 21,536
Short-Term Debt		 2,013 91
Accounts Payable		 3,039 7,796
Customer Deposits		 2,183 2,377
Current Deferred Revenue		 201 302
Other Current Liabilities		 9,510 10,969
Total Noncurrent Liabilities		 357 1,118
Long-Term Debt		 228 737
Noncurrent Deferred & Payable Income Tax Liabilities		 1.89 8.43
Other Noncurrent Operating Liabilities		 126 372
Commitments & Contingencies		 0.00 0.00
Total Equity & Noncontrolling Interests		 17,075 26,372
Total Preferred & Common Equity		 17,075 26,372
Total Common Equity		 17,075 26,372
Common Stock		 14,390 15,112
Retained Earnings		 2,203 10,580
Accumulated Other Comprehensive Income / (Loss)		 482 665
Other Equity Adjustments		 0.72 15

Annual Metrics and Ratios for PDD

This table displays calculated financial ratios and metrics derived from PDD's official financial filings.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - -
Revenue Growth		 0.00% 269.68% 613.56% 126.62% 111.43% 61.12% 28.40% 84.26% 54.69%
EBITDA Growth		 0.00% -118.47% -1,519.35% 26.47% -13.82% 218.38% 243.55% 75.41% 75.60%
EBIT Growth		 0.00% -118.73% -1,591.11% 23.36% -14.39% 186.81% 293.50% 84.54% 76.81%
NOPAT Growth		 0.00% -122.74% -1,619.62% 22.01% -17.69% 185.25% 345.55% 80.00% 82.27%
Net Income Growth		 0.00% -92.46% -1,745.60% 32.73% -10.39% 210.40% 275.09% 84.90% 82.19%
EPS Growth		 0.00% 76.11% -1,139.29% 56.48% 0.00% 190.07% 302.94% -73.54% -75.42%
Operating Cash Flow Growth		 0.00% 1,078.21% -23.93% 88.21% 103.80% 4.15% 55.71% 88.58% 25.95%
Free Cash Flow Firm Growth		 0.00% 0.00% -100.85% 12,104.54% 89.41% -54.59% 198.53% 89.16% 40.32%
Invested Capital Growth		 0.00% 0.00% -62.79% -90.95% -78.77% -6.28% -5.26% -12.72% 8.05%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - - -
Gross Margin		 -14.46% 58.56% 77.86% 78.97% 67.59% 66.24% 75.90% 62.96% 60.92%
EBITDA Margin		 -58.57% -34.61% -78.54% -25.48% -13.72% 10.08% 26.97% 25.67% 29.14%
Operating Margin		 -56.69% -34.16% -82.32% -28.33% -15.77% 7.34% 23.29% 23.70% 27.53%
EBIT Margin		 -58.72% -34.74% -82.33% -27.84% -15.06% 8.12% 24.87% 24.91% 28.47%
Profit (Net Income) Margin		 -57.83% -30.11% -77.87% -23.12% -12.07% 8.27% 24.16% 24.24% 28.55%
Tax Burden Percent		 100.00% 100.00% 100.00% 99.59% 98.85% 82.16% 86.60% 83.51% 84.74%
Interest Burden Percent		 98.50% 86.67% 94.58% 83.37% 81.05% 124.01% 112.15% 116.53% 118.33%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 20.45% 12.98% 16.49% 15.27%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 0.00% -43.58% -101.70% -31.87% -17.26% 10.34% 31.69% 38.92% 44.46%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% -4.55% -37.76% -14.01% -7.80% 4.21% 14.99% 20.83% 25.99%
Return on Assets (ROA)		 0.00% -3.94% -35.71% -11.63% -6.25% 4.29% 14.56% 20.27% 26.06%
Return on Common Equity (ROCE)		 0.00% 35.88% -89.98% -31.87% -17.26% 10.34% 31.69% 38.92% 44.46%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 52.94% -54.28% -28.27% -11.93% 10.34% 26.78% 32.06% 35.89%
Net Operating Profit after Tax (NOPAT)		 -29 -64 -1,100 -858 -1,010 861 3,836 6,905 12,585
NOPAT Margin		 -39.68% -23.91% -57.62% -19.83% -11.04% 5.84% 20.26% 19.80% 23.32%
Net Nonoperating Expense Percent (NNEP)		 0.00% -1.73% -10.35% -1.97% -0.68% 1.75% 2.96% 4.67% 6.09%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - 28.83%
Cost of Revenue to Revenue		 114.46% 41.44% 22.14% 21.03% 32.41% 33.76% 24.10% 37.04% 39.08%
SG&A Expenses to Revenue		 2.93% 7.64% 49.21% 4.30% 2.53% 1.64% 3.04% 1.65% 1.92%
R&D to Revenue		 5.83% 7.41% 8.51% 12.84% 11.58% 9.57% 7.95% 4.42% 3.21%
Operating Expenses to Revenue		 42.23% 92.71% 160.17% 107.30% 83.36% 58.90% 52.62% 39.26% 33.39%
Earnings before Interest and Taxes (EBIT)		 -43 -93 -1,572 -1,205 -1,378 1,196 4,708 8,688 15,362
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -42 -93 -1,500 -1,103 -1,255 1,486 5,105 8,954 15,724
Valuation Ratios		 - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.70 11.91 22.32 6.13 6.04 7.32 3.11
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.81 12.95 22.80 6.18 6.05 7.32 3.11
Price to Revenue (P/Rev)		 22.47 6.08 1.01 9.73 22.57 4.90 5.45 5.54 2.47
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 59.24 22.55 22.84 8.66
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 1.69% 4.43% 4.38% 11.54%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.18 0.00 7.67 20.51 3.41 3.98 4.43 1.47
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 33.79 14.75 17.26 5.05
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 41.97 15.99 17.79 5.17
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 58.32 19.63 22.39 6.31
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.03 0.00 15.61 43.27 11.12 10.70 11.65 4.75
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.03 0.00 19.50 58.17 34.27 17.21 18.68 6.84
Leverage & Solvency		 - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.27 0.28 0.16 0.13 0.03 0.02
Long-Term Debt to Equity		 0.00 0.00 0.00 0.23 0.25 0.16 0.01 0.03 0.00
Financial Leverage		 0.00 -10.36 -2.55 -2.31 -2.17 -1.73 -1.73 -1.53 -1.34
Leverage Ratio		 0.00 11.05 2.85 2.74 2.76 2.41 2.18 1.92 1.71
Compound Leverage Factor		 0.00 9.58 2.69 2.28 2.24 2.99 2.44 2.24 2.02
Debt to Total Capital		 0.00% 0.00% 0.00% 20.96% 21.74% 14.10% 11.60% 3.04% 1.67%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 2.88% 2.43% 0.00% 10.42% 0.34% 1.67%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 18.07% 19.31% 14.10% 1.18% 2.71% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 182.32% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% -82.32% 100.00% 79.04% 78.26% 85.90% 88.40% 96.96% 98.33%
Debt to EBITDA		 0.00 0.00 0.00 -0.85 -2.05 1.30 0.44 0.09 0.05
Net Debt to EBITDA		 0.00 0.00 0.00 8.08 15.03 -14.81 -5.45 -4.30 -3.44
Long-Term Debt to EBITDA		 0.00 0.00 0.00 -0.73 -1.82 1.30 0.04 0.08 0.00
Debt to NOPAT		 0.00 0.00 0.00 -1.09 -2.55 2.25 0.58 0.12 0.06
Net Debt to NOPAT		 0.00 0.00 0.00 10.39 18.68 -25.56 -7.26 -5.58 -4.30
Long-Term Debt to NOPAT		 0.00 0.00 0.00 -0.94 -2.26 2.25 0.06 0.11 0.00
Altman Z-Score		 0.00 0.49 -0.12 3.55 8.62 3.57 5.17 7.20 5.62
Noncontrolling Interest Sharing Ratio		 0.00% 182.32% 11.53% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - -
Current Ratio		 0.00 1.08 1.66 1.60 1.78 1.72 1.85 1.93 2.21
Quick Ratio		 0.00 0.29 0.94 0.95 1.09 1.04 1.33 1.47 1.80
Cash Flow Metrics		 - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 1,666 -14 1,703 3,226 1,465 4,373 8,273 11,609
Operating Cash Flow to CapEx		 38,234.60% 113,171.29% 28,462.29% 54,971.91% 65,581.17% 875.71% 7,630.91% 16,139.50% 12,614.28%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 81.33 27.70 7.58 583.96 1,335.28 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 101.61 37.23 23.38 939.07 2,140.69 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 101.43 37.17 20.71 926.77 2,127.43 0.00
Efficiency Ratios		 - - - - - - - - -
Asset Turnover		 0.00 0.13 0.46 0.50 0.52 0.52 0.60 0.84 0.91
Accounts Receivable Turnover		 0.00 3.94 17.66 17.74 18.45 22.11 23.91 35.55 51.80
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 187.96 675.29 852.09 492.93 42.64 76.14 240.99 417.55
Accounts Payable Turnover		 0.00 9.50 10.41 6.38 8.05 16.16 2.73 2.38 2.44
Days Sales Outstanding (DSO)		 0.00 92.69 20.67 20.58 19.78 16.51 15.26 10.27 7.05
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 38.41 35.07 57.22 45.33 22.59 133.91 153.06 149.47
Cash Conversion Cycle (CCC)		 0.00 54.29 -14.40 -36.65 -25.55 -6.08 -118.65 -142.79 -142.43
Capital & Investment Metrics		 - - - - - - - - -
Invested Capital		 0.00 -1,730 -2,816 -5,377 -9,614 -10,218 -10,755 -12,123 -11,147
Invested Capital Turnover		 0.00 -0.31 -0.84 -1.06 -1.22 -1.49 -1.81 -3.05 -4.64
Increase / (Decrease) in Invested Capital		 0.00 -1,730 -1,086 -2,561 -4,236 -604 -538 -1,368 976
Enterprise Value (EV)		 0.00 49 -3,635 33,212 187,674 50,212 75,280 154,573 79,375
Market Capitalization		 1,626 1,626 1,921 42,129 206,543 72,216 103,111 193,069 133,446
Book Value per Share		 $0.00 ($0.09) $0.92 $0.79 $1.99 $2.38 $3.38 $5.00 $7.80
Tangible Book Value per Share		 $0.00 ($0.09) $0.80 $0.73 $1.95 $2.36 $3.37 $5.00 $7.80
Total Capital		 0.00 185 2,740 4,477 11,826 13,722 19,317 27,201 43,651
Total Debt		 0.00 0.00 0.00 938 2,571 1,935 2,242 828 727
Total Long-Term Debt		 0.00 0.00 0.00 809 2,284 1,935 228 737 0.00
Net Debt		 0.00 -1,915 -5,556 -8,916 -18,869 -22,005 -27,830 -38,496 -54,070
Capital Expenditures (CapEx)		 0.33 1.31 3.97 3.87 6.61 516 92 82 132
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 -1,757 -3,222 -5,815 -11,057 -13,398 -13,600 -19,253 -22,941
Debt-free Net Working Capital (DFNWC)		 0.00 158 2,333 4,039 10,383 10,542 16,473 20,070 31,857
Net Working Capital (NWC)		 0.00 158 2,333 3,910 10,096 10,542 14,459 19,979 31,130
Net Nonoperating Expense (NNE)		 13 17 387 142 94 -358 -737 -1,550 -2,818
Net Nonoperating Obligations (NNO)		 0.00 -1,915 -5,556 -8,916 -18,869 -22,005 -27,830 -38,496 -54,070
Total Depreciation and Amortization (D&A)		 0.11 0.35 72 102 123 289 397 266 362
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% -656.55% -168.74% -134.37% -120.83% -90.88% -71.84% -55.20% -42.52%
Debt-free Net Working Capital to Revenue		 0.00% 58.96% 122.19% 93.33% 113.47% 71.51% 87.02% 57.54% 59.04%
Net Working Capital to Revenue		 0.00% 58.96% 122.19% 90.35% 110.34% 71.51% 76.39% 57.28% 57.70%
Earnings Adjustments		 - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 ($0.50) ($0.22) $0.00 $0.00 $0.90 $1.56 $0.38
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 2.97B 4.63B 0.00 0.00 5.06B 5.42B 5.54M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($0.50) ($0.22) $0.00 $0.00 $0.79 $1.45 $0.36
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 2.97B 4.63B 0.00 0.00 5.76B 5.84B 5.92M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 4.46B 4.65B 0.00 0.00 5.28B 5.50B 5.57B
Normalized Net Operating Profit after Tax (NOPAT)		 -29 -63 -1,100 -858 -1,010 861 3,836 6,905 12,585
Normalized NOPAT Margin		 -39.68% -23.51% -57.62% -19.83% -11.04% 5.84% 20.26% 19.80% 23.32%
Pre Tax Income Margin		 -57.83% -30.11% -77.87% -23.21% -12.21% 10.06% 27.90% 29.03% 33.69%
Debt Service Ratios		 - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 -57.54 -11.83 6.19 628.66 1,402.39 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 -40.98 -8.67 4.46 512.19 1,114.47 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 -57.72 -11.89 3.52 616.36 1,389.13 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 -41.16 -8.73 1.79 499.88 1,101.20 0.00
Payout Ratios		 - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% -6.22% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics and Ratios for PDD

No quarterly metrics and ratios for PDD are available.

Frequently Asked Questions About PDD's Financials

When does PDD's fiscal year end?

According to the most recent income statement we have on file, PDD's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has PDD's net income changed over the last 8 years?

PDD's net income appears to be on an upward trend, with a most recent value of $15.40 billion in 2024, falling from -$41.87 million in 2016. The previous period was $8.45 billion in 2023. See PDD's forecast for analyst expectations on what’s next for the company.

What is PDD's operating income?
PDD's total operating income in 2024 was $14.85 billion, based on the following breakdown:
  • Total Gross Profit: $32.87 billion
  • Total Operating Expenses: $18.02 billion
How has PDD revenue changed over the last 8 years?

Over the last 8 years, PDD's total revenue changed from $72.39 million in 2016 to $53.96 billion in 2024, a change of 74,432.4%.

How much debt does PDD have?

PDD's total liabilities were at $26.27 billion at the end of 2024, a 15.9% increase from 2023, and a 1,313.5% increase since 2017.

How much cash does PDD have?

In the past 7 years, PDD's cash and equivalents has ranged from $469.26 million in 2017 to $8.42 billion in 2023, and is currently $7.91 billion as of their latest financial filing in 2024.

How has PDD's book value per share changed over the last 8 years?

Over the last 8 years, PDD's book value per share changed from 0.00 in 2016 to 7.80 in 2024, a change of 779.9%.


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This page (NASDAQ:PDD) was last updated on 5/7/2025 by MarketBeat.com Staff
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