Pdd Holdings Inc. - Understand $pdd stock

$PDD Market Cap: $137.1 Billion

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Financial Snapshot

Revenue

$372.1B

TTM

Gross Margin

62.05%

TTM

Net Earnings

$108.3B

TTM

Current Assets

$386.8B

Q3 2024

Current Liabilities

$180.0B

Q3 2024

Current Ratio

214.91%

Q3 2024

Total Assets

$466.8B

Q3 2024

Total Liabilities

$188.3B

Q3 2024

Book Value

$278.5B

Q3 2024

Cash

$65.30B

Q3 2024

P/E

1.266

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$247.6B	$130.6B	$93.95B	$59.49B	$30.14B	$13.12B	$1.744B	$505.0M
YoY Change	89.68%	38.97%	57.92%	97.37%	129.74%	652.29%	245.35%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$247.6B	$130.6B	$93.95B	$59.49B	$30.14B	$13.12B	$1.744B	$505.0M
Cost Of Revenue	$91.72B	$31.46B	$31.72B	$19.28B	$6.339B	$2.905B	$723.0M	$578.0M
Gross Profit	$155.9B	$99.10B	$62.23B	$40.21B	$23.80B	$10.22B	$1.021B	-$73.00M
Gross Profit Margin	62.96%	75.9%	66.24%	67.59%	78.97%	77.86%	58.54%	-14.46%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$86.26B	$58.31B	$46.33B	$42.70B	$28.47B	$19.90B	$1.477B	$184.0M
YoY Change	47.94%	25.84%	8.52%	49.99%	43.07%	1247.12%	702.72%
% of Gross Profit	55.33%	58.84%	74.45%	106.18%	119.59%	194.78%	144.66%
Research & Development	$10.95B	$10.38B	$8.216B	$6.879B	$3.860B	$1.113B	$128.0M	$29.00M
YoY Change	5.47%	26.4%	19.44%	78.21%	246.81%	769.53%	341.38%
% of Gross Profit	7.02%	10.48%	13.2%	17.11%	16.22%	10.9%	12.54%
Depreciation & Amortization	$786.2M	$234.2M	$1.495B	$652.0M	$638.0M	$497.0M	$2.000M	$1.000M
YoY Change	235.66%	-84.34%	129.35%	2.19%	28.37%	24750.0%	100.0%
% of Gross Profit	0.5%	0.24%	2.4%	1.62%	2.68%	4.87%	0.2%
Operating Expenses	$97.22B	$68.69B	$55.34B	$49.59B	$32.34B	$21.02B	$1.607B	$213.0M
YoY Change	41.52%	24.14%	11.58%	53.34%	53.89%	1207.72%	654.46%
Operating Profit	$58.70B	$30.40B	$6.897B	-$9.380B	-$8.538B	-$10.80B	-$586.0M	-$286.0M
YoY Change	93.08%	340.81%	-173.53%	9.86%	-20.94%	1743.0%	104.9%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$10.23B	$3.640B	$2.149B	$2.007B	$1.488B	$595.0M	$69.00M	$5.000M
YoY Change	180.87%	69.38%	7.09%	34.88%	150.08%	762.32%	1280.0%
% of Operating Profit	17.42%	11.97%	31.16%
Other Income/Expense, Net	$2.953B	$2.221B	$656.3M	$194.0M	$83.00M	-$12.00M	$1.000M	-$11.00M
YoY Change	32.92%	238.49%	238.28%	133.73%	-791.67%	-1300.0%	-109.09%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$71.88B	$36.26B	$9.702B	-$7.180B	-$6.968B	-$10.22B	-$525.0M	-$292.0M
YoY Change	98.2%	273.77%	-235.13%	3.04%	-31.8%	1846.1%	79.79%
Income Tax	$11.85B	$4.726B	$1.934B	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income	16.49%	13.03%	19.93%
Net Earnings	$60.03B	$31.54B	$7.769B	-$7.180B	-$6.968B	-$10.22B	-$525.0M	-$292.0M
YoY Change	90.33%	305.96%	-208.2%	3.04%	-31.8%	1846.1%	79.79%
Net Earnings / Revenue	24.24%	24.16%	8.27%	-12.07%	-23.12%	-77.87%	-30.1%	-57.82%
Basic Earnings Per Share	$1.56	$0.90	$1.55	-$1.51
Diluted Earnings Per Share	$10.28	$5.47	$1.360M	-$1.506M	-$1.506M	-$3.442M	-$118.5K	-$65.90K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$217.2B	$149.4B	$92.94B	$86.97B	$41.06B	$21.79B	$3.108B	$1.610B
YoY Change	45.35%	60.78%	6.87%	111.83%	88.41%	601.13%	93.04%
Cash & Equivalents	$59.79B	$34.33B	$6.427B	$22.42B	$5.768B	$14.16B	$3.058B	$1.320B
Short-Term Investments	$157.4B	$115.1B	$86.52B	$64.55B	$35.29B	$7.631B	$50.00M	$290.0M
Other Short-Term Assets	$66.20B	$60.27B	$61.99B	$55.18B	$28.28B	$17.13B	$9.436B	$31.00M
YoY Change	9.83%	-2.77%	12.34%	95.14%	65.05%	81.58%	30338.71%
Inventory			$14.20M	$1.718B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$294.8B	$216.6B	$160.9B	$149.5B	$73.00B	$40.39B	$13.14B	$1.754B
YoY Change	36.07%	34.62%	7.61%	104.82%	80.74%	207.44%	649.03%
Property, Plant & Equipment	$5.084B	$2.461B	$3.142B	$833.0M	$558.0M	$29.00M	$9.000M	$2.000M
YoY Change	106.61%	-21.67%	277.17%	49.28%	1824.14%	222.22%	350.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments							$5.000M	$15.00M
YoY Change							-66.67%
Other Assets	$48.22B	$17.91B	$16.46B	$7.275B	$503.0M	$183.0M
YoY Change	169.29%	8.81%	126.22%	1346.32%	174.86%
Total Long-Term Assets	$53.33B	$20.50B	$20.30B	$9.385B	$3.056B	$2.791B	$176.0M	$17.00M
YoY Change	160.11%	0.99%	116.31%	207.1%	9.49%	1485.8%	935.29%
Total Assets	$348.1B	$237.1B	$181.2B	$158.9B	$76.06B	$43.18B	$13.31B	$1.771B
YoY Change
Accounts Payable	$75.00B	$63.32B	$64.46B	$54.97B	$29.93B	$17.28B	$9.839B	$1.129B
YoY Change	18.45%	-1.78%	17.26%	83.69%	73.22%	75.59%	771.48%
Accrued Expenses	$56.99B	$21.56B	$6.029B	$6.612B	$3.904B	$1.761B	$253.0M	$26.00M
YoY Change	164.31%	257.65%	-8.82%	69.36%	121.69%	596.05%	873.08%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$13.89B	$0.00	$1.866B	$899.0M	$0.00	$0.00	$0.00
YoY Change	-100.0%		-100.0%	107.56%
Long-Term Debt Due	$648.6M	$13.89B	$0.00	$1.866B	$899.0M
YoY Change	-95.33%		-100.0%	107.56%
Total Short-Term Liabilities	$152.9B	$116.9B	$93.73B	$83.88B	$45.77B	$24.36B	$12.11B	$1.414B
YoY Change	30.81%	24.71%	11.74%	83.28%	87.89%	101.15%	756.44%
Long-Term Debt	$5.232B	$1.576B	$11.79B	$14.43B	$5.207B	$0.00	$0.00	$0.00
YoY Change	232.0%	-86.63%	-18.32%	177.18%
Other Long-Term Liabilities	$2.644B	$870.8M	$545.3M	$418.0M	$436.0M
YoY Change	203.66%	59.7%	30.44%	-4.13%
Total Long-Term Liabilities	$7.876B	$2.447B	$12.33B	$14.85B	$5.643B	$0.00	$0.00	$0.00
YoY Change	221.92%	-80.16%	-16.95%	163.18%
Total Liabilities	$160.8B	$119.3B	$106.1B	$98.73B	$51.41B	$24.36B	$12.11B	$1.414B
YoY Change	34.76%	12.49%	7.46%	92.05%	111.05%	101.15%	756.44%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	5.416B	5.058B	5.013B	4.768B
Diluted Shares Outstanding	5.840B	5.761B	5.714B	4.768B
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $137.09 Billion

About PDD Holdings Inc.

PDD Holdings, Inc. is a multinational commerce group that owns and operates a portfolio of businesses. The company is headquartered in Dublin, Dublin and currently employs 17,403 full-time employees. The company went IPO on 2018-07-26. The firm is focused on bringing businesses and people into the digital economy, which benefits local communities and small businesses from improved productivity and new opportunities. The firm has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.

Industry: Services-Business Services, NEC Peers: Alibaba Group Holding Ltd