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PDD

PDD Holdings Inc.

Price Chart
Latest Quote

$78.40

+0.27 (+0.35%)
Current Price
Previous Close $78.13
Open $77.88
Day High $78.44
Day Low $77.53
Volume 2,980,723
Fetched: 2026-10-27T20:47:27
Stock Information
Note: Financial values converted from CNY to USD
Shares Outstanding 1.42B
Total Debt $726.73M
Cash Equivalents $68.47B
Revenue $67.63B
Net Income $13.81B
Sector Consumer Cyclical
Industry Internet Retail
Market Cap $111.59B
P/E Ratio 8.82
EPS (TTM) $8.89
Exchange NMS
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📊 Comprehensive Analysis
Company Data
Enterprise Value$-341.28B
Sales$67.63B
Income$13.81B
Book/sh$47.66
Cash/sh$320.65
Employees25K
Financial Ratios
Quick Ratio2.21
Current Ratio2.62
Debt/Eq1.08
EPS Growth TTM-11.60%
Returns & Margins
ROA10.01%
ROE22.75%
Gross Margin56.32%
Operating Margin24.71%
Profit Margin20.43%
Ownership
Insider Ownership0.72%
Institutional Ownership31.45%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E6.34
PEG0.68
P/S0.25
P/B1.64
Analyst Data
Recommendationbuy
Target Price$115.07
Technical Indicators
SMA20$79.42
SMA50$80.93
SMA200$91.58
RSI49.62
ATR2.0082
Shares Float753.95M
Short Float3.43%
Short Ratio4.46
Volatility-0.05
Rel Volume0.57
Performance History
Week-3.96%
Month-0.11%
Quarter-11.23%
6 Months-19.42%
YTD-32.27%
Year-41.48%
3 Years-23.72%
5 Years-19.61%
10 Years+193.63%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-10-27 $78.40 2,985,798
2026-10-26 $78.13 3,698,400
2026-10-23 $79.04 2,820,100
2026-10-22 $79.17 5,727,200
2026-10-21 $78.72 6,569,000
2026-10-20 $81.63 4,910,700
2026-10-19 $81.39 3,786,100
2026-10-16 $80.97 4,653,800
2026-10-15 $82.42 5,814,500
2026-10-14 $81.45 6,261,300
2026-10-13 $81.96 9,118,900
2026-10-12 $80.92 4,181,800
2026-10-09 $81.35 7,164,400
2026-10-08 $78.26 5,023,100
2026-10-07 $78.50 4,330,600
2026-10-06 $78.40 4,316,900
2026-10-05 $77.90 5,269,100
2026-10-02 $75.38 6,771,500
2026-10-01 $76.50 5,029,800
2026-09-30 $77.94 6,185,500
2026-09-29 $77.50 4,744,100
2026-09-28 $78.49 4,024,500
About PDD Holdings Inc.

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. The company operates Pinduoduo platform, which provides various product categories and interactive shopping experiences; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

📰 Latest News
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $28,206,307,876 $22,992,166,451 $13,703,174,951 $4,700,355,001
Cost Of Revenue $28,206,307,876 $22,992,166,451 $13,703,174,951 $4,700,355,001
Total Revenue $64,516,207,833 $58,837,706,897 $36,996,413,155 $19,504,837,706
Operating Revenue $64,516,207,833 $58,837,706,897 $36,996,413,155 $19,504,837,706
Expenses
Interest Expense $0 $0 $6,571,501 $7,717,073
Total Expenses $50,607,081,836 $42,639,718,384 $28,227,027,667 $14,962,899,243
Other Income Expense $113,587,749 $553,919,086 $446,441,352 $309,496,815
Other Non Operating Income Expenses $407,394,055 $466,094,004 $441,104,762 $331,862,955
Net Non Operating Interest Income Expense $3,822,135,557 $3,070,618,478 $1,522,961,101 $589,435,398
Interest Expense Non Operating $0 $0 $6,571,501 $7,717,073
Operating Expense $22,400,773,960 $19,647,551,932 $14,523,852,716 $10,262,544,243
Selling And Marketing Expense $18,717,569,763 $16,627,902,287 $12,278,723,764 $8,118,757,612
General And Administrative Expense $1,218,736,187 $1,128,386,306 $608,883,377 $592,347,134
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $14,617,326,029 $16,797,314,702 $8,967,751,379 $4,711,673,872
Net Interest Income $3,822,135,557 $3,070,618,478 $1,522,961,101 $589,435,398
Interest Income $3,822,135,557 $3,070,618,478 $1,529,532,602 $597,152,470
Normalized Income $14,857,659,587 $16,722,926,857 $8,963,295,326 $4,731,132,413
Net Income From Continuing And Discontinued Operation $14,617,326,029 $16,797,314,702 $8,967,751,379 $4,711,673,872
Total Operating Income As Reported $13,909,125,997 $16,197,988,513 $8,769,385,488 $4,541,938,463
Average Dilution Earnings $0 $0 $6,571,501 $7,717,073
Net Income Common Stockholders $14,617,326,029 $16,797,314,702 $8,967,751,379 $4,711,673,872
Net Income $14,617,326,029 $16,797,314,702 $8,967,751,379 $4,711,673,872
Net Income Including Noncontrolling Interests $14,617,326,029 $16,797,314,702 $8,967,751,379 $4,711,673,872
Net Income Continuous Operations $14,617,326,029 $16,797,314,702 $8,967,751,379 $4,711,673,872
Earnings From Equity Interest Net Of Tax $19,272,886 $2,573,354 $-703,209 $-23,199,025
Pretax Income $17,844,849,303 $19,822,526,077 $10,738,787,941 $5,440,870,676
Interest Income Non Operating $3,822,135,557 $3,070,618,478 $1,529,532,602 $597,152,470
Operating Income $13,909,125,997 $16,197,988,513 $8,769,385,488 $4,541,938,463
Gross Profit $36,309,899,957 $35,845,540,446 $23,293,238,204 $14,804,482,705
Per Share
Diluted EPS $10.02 $11.35 $6.15 $3.27
Basic EPS $10.62 $12.14 $6.62 $3.73
Other
Tax Effect Of Unusual Items $-53,472,748 $13,437,238 $880,537 $-2,907,598
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $18,586,899,279 $20,129,240,085 $11,022,113,938 $5,879,565,673
Total Unusual Items $-293,806,306 $87,825,082 $5,336,590 $-22,366,140
Total Unusual Items Excluding Goodwill $-293,806,306 $87,825,082 $5,336,590 $-22,366,140
Reconciled Depreciation $448,243,670 $394,539,090 $282,091,086 $408,611,785
EBITDA (Bullshit earnings) $18,293,092,973 $20,217,065,167 $11,027,450,528 $5,857,199,534
EBIT $17,844,849,303 $19,822,526,077 $10,745,359,442 $5,448,587,748
Diluted Average Shares $221,464,371 $220,979,431 $218,104,969 $215,179,077
Basic Average Shares $208,816,246 $206,766,489 $202,286,725 $188,894,605
Diluted NI Availto Com Stockholders $14,617,326,029 $16,797,314,702 $8,974,322,880 $4,719,390,945
Tax Provision $3,246,796,160 $3,027,784,729 $1,770,333,353 $705,997,779
Gain On Sale Of Security $-293,806,306 $87,825,082 $5,336,590 $-22,366,140
Research And Development $2,464,468,010 $1,891,263,339 $1,636,245,576 $1,551,439,497
Selling General And Administration $19,936,305,950 $17,756,288,593 $12,887,607,141 $8,711,104,746
Other Gand A $1,218,736,187 $1,128,386,306 $608,883,377 $592,347,134
Fetched: 2026-10-08
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $61,755,967,759 $46,804,998,268 $27,970,068,198 $17,574,534,241
Total Assets $94,126,373,196 $75,450,323,838 $52,001,628,489 $35,424,874,460
Total Non Current Assets $16,592,630,089 $13,353,961,841 $7,966,960,231 $3,062,937,111
Other Non Current Assets $15,642,958,516 $12,460,743,593 $7,163,749,448 $2,519,140,082
Non Current Deferred Assets $25,690,061 $2,390,044 $40,447,291 $156,123,751
Non Current Deferred Taxes Assets $25,690,061 $2,390,044 $40,447,291 $156,123,751
Goodwill And Other Intangible Assets $2,298,763 $2,863,930 $3,159,436 $20,019,420
Current Assets $77,533,743,107 $62,096,361,997 $44,034,668,258 $32,361,937,349
Other Current Assets $222,119,027 $238,935,836 $228,378,139 $119,372,827
Restricted Cash $11,030,061,530 $10,222,655,097 $9,260,402,850 $8,661,142,247
Prepaid Assets $421,783,919 $285,354,801 $215,989,739 $157,367,327
Receivables $2,768,430,883 $1,815,549,528 $1,879,523,768 $1,098,439,791
Taxes Receivable $451,915,984 $104,433,035 $130,212,883 $48,767,028
Accrued Interest Receivable $28,619,575 $30,632,393 $54,828,639 $17,862,435
Accounts Receivable $763,285,633 $549,675,629 $584,755,106 $87,799,684
Cash Cash Equivalents And Short Term Investments $63,091,347,748 $49,533,866,736 $32,450,373,760 $22,325,615,156
Cash And Cash Equivalents $16,269,358,923 $8,630,340,886 $8,933,080,202 $5,128,210,540
Other Intangible Assets - - $3,159,436 $20,019,420
Inventory - - - -
Debt
Total Debt $803,572,771 $1,584,668,849 $1,518,749,317 $2,529,927,550
Long Term Debt And Capital Lease Obligation $430,284,427 $476,808,417 $1,176,613,864 $365,503,894
Current Debt And Capital Lease Obligation $373,288,344 $1,107,860,431 $342,135,453 $2,164,423,656
Current Debt - $793,234,837 $96,894,043 $2,074,481,627
Other Current Borrowings - $793,234,837 $96,894,043 $2,074,481,627
Long Term Debt - - $781,570,860 $235,412,172
Net Debt - - - -
Liabilities
Total Liabilities Net Minority Interest $32,368,106,674 $28,642,461,640 $24,028,400,856 $17,830,320,799
Total Non Current Liabilities Net Minority Interest $436,536,817 $492,760,072 $1,185,552,103 $367,449,782
Non Current Deferred Liabilities $6,252,390 $15,951,654 $8,938,239 $1,945,889
Non Current Deferred Taxes Liabilities $6,252,390 $15,951,654 $8,938,239 $1,945,889
Current Liabilities $31,931,569,858 $28,149,701,569 $22,842,848,753 $17,462,871,017
Other Current Liabilities $3,502,067,898 $2,901,200,536 $3,243,502,268 $2,518,001,532
Current Deferred Liabilities $504,779,014 $440,277,404 $320,397,078 $207,609,496
Payables And Accrued Expenses $27,551,434,601 $23,700,363,196 $18,936,813,954 $12,572,836,332
Payables $25,947,821,389 $22,046,475,396 $16,922,160,219 $11,698,848,542
Other Payable $730,615,472 $601,597,164 $478,084,711 $353,281,174
Total Tax Payable $4,128,904,095 $3,407,032,048 $2,529,072,853 $1,041,411,140
Accounts Payable $20,925,976,625 $17,918,051,312 $13,729,933,943 $10,053,709,397
Other Non Current Liabilities - - - -
Equity
Common Stock Equity $61,758,266,521 $46,807,862,198 $27,973,227,633 $17,594,553,661
Total Equity Gross Minority Interest $61,758,266,521 $46,807,862,198 $27,973,227,633 $17,594,553,661
Stockholders Equity $61,758,266,521 $46,807,862,198 $27,973,227,633 $17,594,553,661
Gains Losses Not Affecting Retained Earnings $516,006,903 $1,204,467,633 $721,546,213 $497,077,479
Other Equity Adjustments $516,006,903 $1,204,467,633 $721,546,213 $497,077,479
Retained Earnings $42,452,992,865 $28,000,089,709 $11,222,450,218 $2,269,785,190
Other
Ordinary Shares Number $850,601,400 $831,926,846 $822,201,930 $788,566,407
Share Issued $850,601,400 $831,926,846 $822,201,930 $788,566,407
Tangible Book Value $61,755,967,759 $46,804,998,268 $27,970,068,198 $17,574,534,241
Invested Capital $61,758,266,521 $47,601,097,034 $28,851,692,536 $19,904,447,460
Working Capital $45,602,173,249 $33,946,660,428 $21,191,819,504 $14,899,066,332
Capital Lease Obligations $803,572,771 $791,434,012 $640,284,415 $220,033,751
Total Capitalization $61,758,266,521 $46,807,862,198 $28,754,798,493 $17,829,965,833
Additional Paid In Capital $18,789,239,563 $17,603,277,965 $16,029,204,759 $14,827,665,595
Capital Stock $27,190 $26,891 $26,443 $25,397
Common Stock $27,190 $26,891 $26,443 $25,397
Long Term Capital Lease Obligation $430,284,427 $476,808,417 $395,043,004 $130,091,722
Current Deferred Revenue $504,779,014 $440,277,404 $320,397,078 $207,609,496
Current Capital Lease Obligation $373,288,344 $314,625,595 $245,241,411 $89,942,029
Current Accrued Expenses $1,603,613,212 $1,653,887,800 $2,014,653,735 $873,987,790
Dueto Related Parties Current $162,325,197 $119,794,872 $185,068,712 $250,446,831
Net PPE $921,682,750 $887,964,274 $759,604,057 $367,653,858
Accumulated Depreciation $-671,455,532 $-586,439,551 $-484,050,558 $-385,033,891
Gross PPE $1,593,138,282 $1,474,403,825 $1,243,654,615 $752,687,749
Leases $29,980,278 $19,233,745 $10,411,587 $4,519,093
Other Properties $726,564,439 $756,595,960 $613,255,762 $211,557,446
Machinery Furniture Equipment $836,593,565 $698,574,121 $619,987,266 $536,611,210
Properties $0 $0 $0 $0
Duefrom Related Parties Current $1,524,609,691 $1,130,808,470 $1,109,727,140 $944,010,644
Other Short Term Investments $46,821,988,825 $40,903,525,849 $23,517,293,558 $17,197,404,616
Fetched: 2026-10-08
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $15,805,188,099 $18,071,314,122 $13,980,316,533 $7,151,927,410
Operating Activities
Operating Cash Flow $15,976,258,515 $18,215,800,937 $14,067,545,971 $7,246,901,111
Cash Flow From Continuing Operating Activities $15,976,258,515 $18,215,800,937 $14,067,545,971 $7,246,901,111
Operating Gains Losses $274,990,871 $-89,822,064 $-4,371,190 $47,163,258
Investing Activities
Capital Expenditure $-171,070,416 $-144,486,815 $-87,229,438 $-94,973,701
Investing Cash Flow $-6,487,276,437 $-17,681,969,247 $-8,281,235,044 $-3,340,753,667
Cash Flow From Continuing Investing Activities $-6,487,276,437 $-17,681,969,247 $-8,281,235,044 $-3,340,753,667
Net Other Investing Changes $-29,842,534 $5,332,257 $19,457,242 -
Financing Activities
Financing Cash Flow $-780,947,877 $173,897 $-1,338,685,535 $1,505,767
Cash Flow From Continuing Financing Activities $-780,947,877 $173,897 $-1,338,685,535 $1,505,767
Net Other Financing Charges $203,627 $187,493 $1,223,706 $1,505,767
Issuance Of Capital Stock - - - $0
Net Common Stock Issuance - - - $0
Common Stock Issuance - - - $0
Other
Repayment Of Debt $-781,151,504 $-13,595 $-1,339,909,241 $0
Income Tax Paid Supplemental Data $3,227,353,560 $2,613,366,054 $861,186,010 $729,241,623
End Cash Position $27,299,420,452 $18,852,995,983 $18,193,483,053 $13,789,352,787
Beginning Cash Position $18,852,995,983 $18,193,483,053 $13,789,352,787 $9,866,733,490
Effect Of Exchange Rate Changes $-261,609,732 $125,507,343 $-43,495,127 $14,966,086
Changes In Cash $8,708,034,201 $534,005,587 $4,447,625,393 $3,907,653,211
Net Issuance Payments Of Debt $-781,151,504 $-13,595 $-1,339,909,241 $0
Net Long Term Debt Issuance $-781,151,504 $-13,595 $-1,339,909,241 $0
Long Term Debt Payments $-781,151,504 $-13,595 $-1,339,909,241 $0
Net Investment Purchase And Sale $-6,286,363,487 $-17,542,814,690 $-8,213,462,847 $-3,245,785,942
Sale Of Investment $35,628,237,960 $22,473,427,088 $20,097,344,097 $22,269,952,885
Purchase Of Investment $-41,914,601,447 $-40,016,241,777 $-28,310,806,944 $-25,515,738,827
Net PPE Purchase And Sale $-171,070,416 $-144,486,815 $-87,229,438 $-94,967,725
Purchase Of PPE $-171,070,416 $-144,486,815 $-87,229,438 $-94,973,701
Change In Working Capital $1,100,617,842 $995,486,827 $3,952,470,945 $1,109,031,699
Change In Other Working Capital $64,501,610 $119,880,327 $112,787,582 $33,299,120
Change In Other Current Liabilities $-316,213,828 $-280,843,028 $-146,078,036 $-72,915,019
Change In Other Current Assets $-1,875,518,450 $-3,166,643,332 $-2,097,695,592 $-5,152,982
Change In Payables And Accrued Expense $4,178,918,434 $4,516,180,875 $6,789,123,857 $1,115,506,541
Change In Accrued Expense $1,846,486,690 $2,058,867,908 $5,118,046,653 $1,046,372,297
Change In Payable $2,332,431,744 $2,457,312,967 $1,671,077,204 $69,134,244
Change In Account Payable $2,289,901,419 $2,522,586,807 $1,736,455,323 $111,953,651
Change In Prepaid Assets $-359,536,104 $-179,299,321 $-44,937,102 $334,492,482
Change In Receivables $-591,533,820 $-13,788,693 $-660,729,765 $-296,198,442
Changes In Account Receivables $-227,611,885 $7,292,637 $-496,955,422 $12,854,218
Other Non Cash Items $-115,666,451 $-422,411,384 $-195,828,542 $-82,883,944
Stock Based Compensation $1,185,755,132 $1,476,569,177 $1,057,546,552 $1,153,096,176
Unrealized Gain Loss On Investment Securities $-1,554,602,817 $-1,018,353,893 $-151,409,547 $36,189,194
Provisionand Write Offof Assets $46,773,632 $49,286,181 $39,613,808 $17,686,147
Deferred Tax $-27,179,394 $33,192,301 $119,681,480 $-153,667,076
Deferred Income Tax $-27,179,394 $33,192,301 $119,681,480 $-153,667,076
Depreciation Amortization Depletion $448,243,670 $394,539,090 $282,091,086 $408,611,785
Depreciation And Amortization $448,243,670 $394,539,090 $282,091,086 $408,611,785
Depreciation $448,243,670 $394,539,090 $282,091,086 $408,611,785
Earnings Losses From Equity Investments $-19,272,886 $-2,573,354 $703,209 $23,199,025
Net Foreign Currency Exchange Gain Loss $293,806,306 $-87,825,082 $-5,336,590 $22,366,140
Gain Loss On Sale Of PPE $457,452 $576,371 $262,191 $1,598,094
Net Income From Continuing Operations $14,617,326,029 $16,797,314,702 $8,967,751,379 $4,711,673,872
Sale Of PPE - $80,674 $67,228 $5,976
Net Short Term Debt Issuance - - $0 $0
Short Term Debt Payments - - $0 $0
Amortization Cash Flow - - $17,063,313 $90,925,356
Amortization Of Intangibles - - $17,063,313 $90,925,356
Issuance Of Debt - - - $0
Short Term Debt Issuance - - - $0
Long Term Debt Issuance - - - $0
Fetched: 2026-10-08