US Stock MarketDetailed Quotes

PDD Holdings (PDD)

Watchlist
  • 97.790
  • -0.360-0.37%
Close May 21 16:00 ET
  • 97.850
  • +0.060+0.06%
Post 19:59 ET
139.19BMarket Cap10.08P/E (TTM)

Earnings

Revenue Breakdown

Business Data

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

PDD Holdings (PDD) Balance Sheet

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(FY)Dec 31, 2025
(Q4)Dec 31, 2025
(Q3)Sep 30, 2025
(Q2)Jun 30, 2025
(Q1)Mar 31, 2025
(FY)Dec 31, 2024
(Q4)Dec 31, 2024
(Q3)Sep 30, 2024
(Q2)Jun 30, 2024
(Q1)Mar 31, 2024
Assets
Current assets
Cash, cash equivalents and short term investments
27.37%422.31B
27.37%422.31B
37.38%423.77B
35.87%387.13B
50.54%364.5B
52.64%331.56B
52.64%331.56B
52.07%308.46B
58.73%284.93B
54.19%242.13B
-Cash and cash equivalents
88.51%108.9B
88.51%108.9B
41.49%92.39B
11.39%63.22B
26.14%70.13B
-3.39%57.77B
-3.39%57.77B
18.85%65.3B
80.87%56.76B
181.18%55.59B
-Short-term investments
14.47%313.41B
14.47%313.41B
36.28%331.38B
41.96%323.91B
57.81%294.37B
73.93%273.79B
73.93%273.79B
64.40%243.17B
54.03%228.17B
35.90%186.54B
Receivables
52.48%18.53B
52.48%18.53B
8.80%15.15B
27.98%14.69B
9.74%12.89B
-3.40%12.15B
-3.40%12.15B
60.29%13.92B
72.45%11.48B
110.08%11.74B
-Accounts receivable
38.86%5.11B
38.86%5.11B
29.45%6B
9.40%6.01B
14.80%5.48B
-6.00%3.68B
-6.00%3.68B
81.92%4.63B
252.05%5.49B
588.06%4.77B
-Accrued interest receivable
-6.57%191.57M
-6.57%191.57M
----
----
----
-44.13%205.04M
-44.13%205.04M
----
----
----
-Taxes receivable
332.73%3.02B
332.73%3.02B
----
----
----
-19.80%699.03M
-19.80%699.03M
----
----
----
-Related party accounts receivable
34.82%10.21B
34.82%10.21B
-1.51%9.15B
45.02%8.69B
6.28%7.41B
1.90%7.57B
1.90%7.57B
51.32%9.29B
17.50%5.99B
42.42%6.97B
Prepaid assets
47.81%2.82B
47.81%2.82B
----
----
----
32.11%1.91B
32.11%1.91B
----
----
----
Restricted cash
7.90%73.83B
7.90%73.83B
17.57%71B
12.33%66.68B
10.18%65.13B
10.39%68.43B
10.39%68.43B
7.05%60.39B
14.03%59.36B
16.14%59.11B
Other current assets
-7.04%1.49B
-7.04%1.49B
58.87%6.44B
90.52%7.54B
50.89%5.25B
4.62%1.6B
4.62%1.6B
11.68%4.05B
32.58%3.96B
52.22%3.48B
Total current assets
24.86%518.98B
24.86%518.98B
33.48%516.36B
32.33%476.04B
41.49%447.77B
41.02%415.65B
41.02%415.65B
42.44%386.83B
49.14%359.73B
46.64%316.47B
Non current assets
Net PPE
3.80%6.17B
3.80%6.17B
9.01%6.21B
18.64%6.05B
33.03%6.43B
16.90%5.94B
16.90%5.94B
20.47%5.7B
60.09%5.1B
86.79%4.83B
-Gross PPE
8.05%10.66B
8.05%10.66B
9.01%6.21B
18.64%6.05B
33.03%6.43B
18.55%9.87B
18.55%9.87B
20.47%5.7B
60.09%5.1B
86.79%4.83B
-Accumulated depreciation
-14.50%-4.49B
-14.50%-4.49B
----
----
----
-21.15%-3.93B
-21.15%-3.93B
----
----
----
Goodwill and other intangible assets
-19.73%15.39M
-19.73%15.39M
-18.64%16.34M
-17.83%17.3M
-17.14%18.22M
-9.35%19.17M
-9.35%19.17M
-8.27%20.09M
-7.04%21.06M
-6.02%21.99M
Related parties assets
34.82%10.21B
34.82%10.21B
-1.51%9.15B
45.02%8.69B
6.28%7.41B
1.90%7.57B
1.90%7.57B
51.32%9.29B
17.50%5.99B
42.42%6.97B
Non current deferred assets
974.88%171.96M
974.88%171.96M
145.79%670.25M
-4.34%73.3M
42.27%62.76M
-94.09%16M
-94.09%16M
-83.29%272.7M
-95.04%76.63M
-96.60%44.12M
Other non current assets
25.54%104.71B
25.54%104.71B
22.30%90.47B
25.29%84.97B
35.02%76.23B
73.94%83.41B
73.94%83.41B
103.82%73.97B
139.43%67.82B
177.49%56.46B
Total non current assets
24.25%111.06B
24.25%111.06B
21.76%97.36B
24.78%91.11B
34.85%82.74B
67.62%89.39B
67.62%89.39B
87.37%79.96B
120.74%73.02B
152.96%61.36B
Total assets
24.75%630.04B
24.75%630.04B
31.48%613.72B
31.06%567.16B
40.41%530.51B
45.09%505.03B
45.09%505.03B
48.54%466.79B
57.77%432.74B
57.38%377.83B
Liabilities
Current liabilities
Payables
17.70%173.68B
17.70%173.68B
21.35%101.76B
21.06%96.68B
23.41%93.63B
30.28%147.57B
30.28%147.57B
19.57%83.86B
28.92%79.86B
31.16%75.86B
-accounts payable
16.79%140.07B
16.79%140.07B
21.50%100.58B
21.36%95.52B
24.19%92.52B
30.50%119.94B
30.50%119.94B
21.56%82.78B
30.93%78.71B
33.31%74.49B
-Total tax payable
21.19%27.64B
21.19%27.64B
----
----
----
34.71%22.81B
34.71%22.81B
----
----
----
-Due to related parties current
35.50%1.09B
35.50%1.09B
9.59%1.18B
0.74%1.16B
-18.98%1.11B
-35.27%801.86M
-35.27%801.86M
-46.97%1.08B
-37.12%1.15B
-30.11%1.37B
-Other payable
21.45%4.89B
21.45%4.89B
----
----
----
25.83%4.03B
25.83%4.03B
----
----
----
Current accrued expenses
-3.04%10.73B
-3.04%10.73B
19.71%89.07B
11.79%76.84B
40.59%76.21B
-17.91%11.07B
-17.91%11.07B
69.35%74.4B
122.52%68.74B
151.93%54.2B
Current debt and capital lease obligation
-66.31%2.5B
-66.31%2.5B
278.84%7.63B
312.80%7.7B
323.40%7.63B
223.81%7.42B
223.81%7.42B
-87.19%2.02B
-87.87%1.87B
-87.53%1.8B
-Current debt
----
----
--5.25B
2,123,428.11%5.29B
7,069.70%5.3B
718.66%5.31B
718.66%5.31B
----
-100.00%249K
-99.46%73.95M
-Current capital lease obligation
18.65%2.5B
18.65%2.5B
18.39%2.39B
29.47%2.42B
34.60%2.33B
28.29%2.11B
28.29%2.11B
45.91%2.02B
95.30%1.87B
136.82%1.73B
Current deferred liabilities
14.65%3.38B
14.65%3.38B
12.88%3.33B
49.22%3.6B
29.11%2.95B
37.42%2.95B
37.42%2.95B
44.41%2.95B
47.23%2.41B
47.82%2.28B
Other current liabilities
20.71%23.44B
20.71%23.44B
3.93%17.43B
-4.57%17.14B
-3.64%16.62B
-10.55%19.42B
-10.55%19.42B
2.99%16.77B
11.33%17.96B
9.98%17.25B
Current liabilities
13.43%213.74B
13.43%213.74B
21.79%219.22B
18.22%201.96B
30.14%197.02B
23.23%188.42B
23.23%188.42B
21.52%180B
35.59%170.83B
36.37%151.4B
Non current liabilities
Long term debt and capital lease obligation
-9.76%2.88B
-9.76%2.88B
-63.03%3.04B
-58.73%3.26B
-52.78%3.63B
-59.48%3.19B
-59.48%3.19B
104.47%8.22B
173.99%7.9B
203.11%7.68B
-Long term debt
----
----
----
----
----
----
----
218.77%5.18B
221.99%5.26B
237.07%5.24B
-Long term capital lease obligation
-9.76%2.88B
-9.76%2.88B
-0.20%3.04B
23.72%3.26B
48.73%3.63B
20.70%3.19B
20.70%3.19B
27.06%3.05B
111.11%2.63B
149.14%2.44B
Non current deferred liabilities
-60.80%41.85M
-60.80%41.85M
-9.61%63.54M
106.01%70.17M
267.73%161.51M
78.47%106.77M
78.47%106.77M
25.74%70.29M
-46.96%34.06M
11,397.64%43.92M
Total non current liabilities
-11.41%2.92B
-11.41%2.92B
-62.58%3.1B
-58.02%3.33B
-50.96%3.79B
-58.44%3.3B
-58.44%3.3B
103.39%8.29B
169.17%7.93B
204.80%7.72B
Total liabilities
13.01%216.66B
13.01%216.66B
18.07%222.32B
14.84%205.29B
26.20%200.81B
19.20%191.72B
19.20%191.72B
23.71%188.29B
38.64%178.77B
40.12%159.12B
Shareholders'equity
Share capital
1.11%182K
1.11%182K
1.12%181K
1.12%181K
1.12%180K
1.69%180K
1.69%180K
1.13%179K
1.70%179K
4.09%178K
-common stock
1.11%182K
1.11%182K
1.12%181K
1.12%181K
1.12%180K
1.69%180K
1.69%180K
1.13%179K
1.70%179K
4.09%178K
Retained earnings
51.62%284.16B
51.62%284.16B
63.79%262.24B
72.37%232.92B
96.05%202.16B
149.50%187.42B
149.50%187.42B
208.26%160.11B
271.20%135.13B
342.67%103.12B
Paid-in capital
6.74%125.77B
6.74%125.77B
7.44%124.01B
7.98%121.96B
8.65%120B
9.82%117.83B
9.82%117.83B
10.82%115.42B
10.00%112.95B
9.59%110.45B
Gains losses not affecting retained earnings
-57.16%3.45B
-57.16%3.45B
73.03%5.14B
18.32%6.99B
46.57%7.53B
66.93%8.06B
66.93%8.06B
-50.09%2.97B
-5.66%5.91B
111.38%5.14B
Total stockholders'equity
31.94%413.39B
31.94%413.39B
40.54%391.4B
42.48%361.86B
50.75%329.7B
67.33%313.31B
67.33%313.31B
71.86%278.5B
74.74%253.98B
72.88%218.71B
Total equity
31.94%413.39B
31.94%413.39B
40.54%391.4B
42.48%361.86B
50.75%329.7B
67.33%313.31B
67.33%313.31B
71.86%278.5B
74.74%253.98B
72.88%218.71B
Currency Unit
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
Unqualified Opinion
--
--
--
--
Unqualified Opinion
--
--
--
--
(FY)Dec 31, 2025(Q4)Dec 31, 2025(Q3)Sep 30, 2025(Q2)Jun 30, 2025(Q1)Mar 31, 2025(FY)Dec 31, 2024(Q4)Dec 31, 2024(Q3)Sep 30, 2024(Q2)Jun 30, 2024(Q1)Mar 31, 2024
Assets
Current assets
Cash, cash equivalents and short term investments 27.37%422.31B27.37%422.31B37.38%423.77B35.87%387.13B50.54%364.5B52.64%331.56B52.64%331.56B52.07%308.46B58.73%284.93B54.19%242.13B
-Cash and cash equivalents 88.51%108.9B88.51%108.9B41.49%92.39B11.39%63.22B26.14%70.13B-3.39%57.77B-3.39%57.77B18.85%65.3B80.87%56.76B181.18%55.59B
-Short-term investments 14.47%313.41B14.47%313.41B36.28%331.38B41.96%323.91B57.81%294.37B73.93%273.79B73.93%273.79B64.40%243.17B54.03%228.17B35.90%186.54B
Receivables 52.48%18.53B52.48%18.53B8.80%15.15B27.98%14.69B9.74%12.89B-3.40%12.15B-3.40%12.15B60.29%13.92B72.45%11.48B110.08%11.74B
-Accounts receivable 38.86%5.11B38.86%5.11B29.45%6B9.40%6.01B14.80%5.48B-6.00%3.68B-6.00%3.68B81.92%4.63B252.05%5.49B588.06%4.77B
-Accrued interest receivable -6.57%191.57M-6.57%191.57M-------------44.13%205.04M-44.13%205.04M------------
-Taxes receivable 332.73%3.02B332.73%3.02B-------------19.80%699.03M-19.80%699.03M------------
-Related party accounts receivable 34.82%10.21B34.82%10.21B-1.51%9.15B45.02%8.69B6.28%7.41B1.90%7.57B1.90%7.57B51.32%9.29B17.50%5.99B42.42%6.97B
Prepaid assets 47.81%2.82B47.81%2.82B------------32.11%1.91B32.11%1.91B------------
Restricted cash 7.90%73.83B7.90%73.83B17.57%71B12.33%66.68B10.18%65.13B10.39%68.43B10.39%68.43B7.05%60.39B14.03%59.36B16.14%59.11B
Other current assets -7.04%1.49B-7.04%1.49B58.87%6.44B90.52%7.54B50.89%5.25B4.62%1.6B4.62%1.6B11.68%4.05B32.58%3.96B52.22%3.48B
Total current assets 24.86%518.98B24.86%518.98B33.48%516.36B32.33%476.04B41.49%447.77B41.02%415.65B41.02%415.65B42.44%386.83B49.14%359.73B46.64%316.47B
Non current assets
Net PPE 3.80%6.17B3.80%6.17B9.01%6.21B18.64%6.05B33.03%6.43B16.90%5.94B16.90%5.94B20.47%5.7B60.09%5.1B86.79%4.83B
-Gross PPE 8.05%10.66B8.05%10.66B9.01%6.21B18.64%6.05B33.03%6.43B18.55%9.87B18.55%9.87B20.47%5.7B60.09%5.1B86.79%4.83B
-Accumulated depreciation -14.50%-4.49B-14.50%-4.49B-------------21.15%-3.93B-21.15%-3.93B------------
Goodwill and other intangible assets -19.73%15.39M-19.73%15.39M-18.64%16.34M-17.83%17.3M-17.14%18.22M-9.35%19.17M-9.35%19.17M-8.27%20.09M-7.04%21.06M-6.02%21.99M
Related parties assets 34.82%10.21B34.82%10.21B-1.51%9.15B45.02%8.69B6.28%7.41B1.90%7.57B1.90%7.57B51.32%9.29B17.50%5.99B42.42%6.97B
Non current deferred assets 974.88%171.96M974.88%171.96M145.79%670.25M-4.34%73.3M42.27%62.76M-94.09%16M-94.09%16M-83.29%272.7M-95.04%76.63M-96.60%44.12M
Other non current assets 25.54%104.71B25.54%104.71B22.30%90.47B25.29%84.97B35.02%76.23B73.94%83.41B73.94%83.41B103.82%73.97B139.43%67.82B177.49%56.46B
Total non current assets 24.25%111.06B24.25%111.06B21.76%97.36B24.78%91.11B34.85%82.74B67.62%89.39B67.62%89.39B87.37%79.96B120.74%73.02B152.96%61.36B
Total assets 24.75%630.04B24.75%630.04B31.48%613.72B31.06%567.16B40.41%530.51B45.09%505.03B45.09%505.03B48.54%466.79B57.77%432.74B57.38%377.83B
Liabilities
Current liabilities
Payables 17.70%173.68B17.70%173.68B21.35%101.76B21.06%96.68B23.41%93.63B30.28%147.57B30.28%147.57B19.57%83.86B28.92%79.86B31.16%75.86B
-accounts payable 16.79%140.07B16.79%140.07B21.50%100.58B21.36%95.52B24.19%92.52B30.50%119.94B30.50%119.94B21.56%82.78B30.93%78.71B33.31%74.49B
-Total tax payable 21.19%27.64B21.19%27.64B------------34.71%22.81B34.71%22.81B------------
-Due to related parties current 35.50%1.09B35.50%1.09B9.59%1.18B0.74%1.16B-18.98%1.11B-35.27%801.86M-35.27%801.86M-46.97%1.08B-37.12%1.15B-30.11%1.37B
-Other payable 21.45%4.89B21.45%4.89B------------25.83%4.03B25.83%4.03B------------
Current accrued expenses -3.04%10.73B-3.04%10.73B19.71%89.07B11.79%76.84B40.59%76.21B-17.91%11.07B-17.91%11.07B69.35%74.4B122.52%68.74B151.93%54.2B
Current debt and capital lease obligation -66.31%2.5B-66.31%2.5B278.84%7.63B312.80%7.7B323.40%7.63B223.81%7.42B223.81%7.42B-87.19%2.02B-87.87%1.87B-87.53%1.8B
-Current debt ----------5.25B2,123,428.11%5.29B7,069.70%5.3B718.66%5.31B718.66%5.31B-----100.00%249K-99.46%73.95M
-Current capital lease obligation 18.65%2.5B18.65%2.5B18.39%2.39B29.47%2.42B34.60%2.33B28.29%2.11B28.29%2.11B45.91%2.02B95.30%1.87B136.82%1.73B
Current deferred liabilities 14.65%3.38B14.65%3.38B12.88%3.33B49.22%3.6B29.11%2.95B37.42%2.95B37.42%2.95B44.41%2.95B47.23%2.41B47.82%2.28B
Other current liabilities 20.71%23.44B20.71%23.44B3.93%17.43B-4.57%17.14B-3.64%16.62B-10.55%19.42B-10.55%19.42B2.99%16.77B11.33%17.96B9.98%17.25B
Current liabilities 13.43%213.74B13.43%213.74B21.79%219.22B18.22%201.96B30.14%197.02B23.23%188.42B23.23%188.42B21.52%180B35.59%170.83B36.37%151.4B
Non current liabilities
Long term debt and capital lease obligation -9.76%2.88B-9.76%2.88B-63.03%3.04B-58.73%3.26B-52.78%3.63B-59.48%3.19B-59.48%3.19B104.47%8.22B173.99%7.9B203.11%7.68B
-Long term debt ----------------------------218.77%5.18B221.99%5.26B237.07%5.24B
-Long term capital lease obligation -9.76%2.88B-9.76%2.88B-0.20%3.04B23.72%3.26B48.73%3.63B20.70%3.19B20.70%3.19B27.06%3.05B111.11%2.63B149.14%2.44B
Non current deferred liabilities -60.80%41.85M-60.80%41.85M-9.61%63.54M106.01%70.17M267.73%161.51M78.47%106.77M78.47%106.77M25.74%70.29M-46.96%34.06M11,397.64%43.92M
Total non current liabilities -11.41%2.92B-11.41%2.92B-62.58%3.1B-58.02%3.33B-50.96%3.79B-58.44%3.3B-58.44%3.3B103.39%8.29B169.17%7.93B204.80%7.72B
Total liabilities 13.01%216.66B13.01%216.66B18.07%222.32B14.84%205.29B26.20%200.81B19.20%191.72B19.20%191.72B23.71%188.29B38.64%178.77B40.12%159.12B
Shareholders'equity
Share capital 1.11%182K1.11%182K1.12%181K1.12%181K1.12%180K1.69%180K1.69%180K1.13%179K1.70%179K4.09%178K
-common stock 1.11%182K1.11%182K1.12%181K1.12%181K1.12%180K1.69%180K1.69%180K1.13%179K1.70%179K4.09%178K
Retained earnings 51.62%284.16B51.62%284.16B63.79%262.24B72.37%232.92B96.05%202.16B149.50%187.42B149.50%187.42B208.26%160.11B271.20%135.13B342.67%103.12B
Paid-in capital 6.74%125.77B6.74%125.77B7.44%124.01B7.98%121.96B8.65%120B9.82%117.83B9.82%117.83B10.82%115.42B10.00%112.95B9.59%110.45B
Gains losses not affecting retained earnings -57.16%3.45B-57.16%3.45B73.03%5.14B18.32%6.99B46.57%7.53B66.93%8.06B66.93%8.06B-50.09%2.97B-5.66%5.91B111.38%5.14B
Total stockholders'equity 31.94%413.39B31.94%413.39B40.54%391.4B42.48%361.86B50.75%329.7B67.33%313.31B67.33%313.31B71.86%278.5B74.74%253.98B72.88%218.71B
Total equity 31.94%413.39B31.94%413.39B40.54%391.4B42.48%361.86B50.75%329.7B67.33%313.31B67.33%313.31B71.86%278.5B74.74%253.98B72.88%218.71B
Currency Unit CNYCNYCNYCNYCNYCNYCNYCNYCNYCNY
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions Unqualified Opinion--------Unqualified Opinion--------
Market Insights
No. Symbol 20D % Chg
Sample Name
Sample Code
 +9.73%
Sample Name
Sample Code
 +8.72%
Sample Name
Sample Code
 +6.93%
4
United States Oil Fund LP
USO
+5.80%
5
United Sts Brent Oil Fd Lp Unit
BNO
+5.43%
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China Concept Stocks
No. Symbol 5D % Chg
Sample Name
Sample Code
 +7.12%
Sample Name
Sample Code
 +6.40%
Sample Name
Sample Code
 +6.00%
4
Vipshop
VIPS
+2.61%
5
PDD Holdings
PDD
+2.31%
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