PDD Holdings Balance Sheet Health
Financial Health criteria checks 6/6
PDD Holdings has a total shareholder equity of CN¥278.5B and total debt of CN¥5.2B, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CN¥466.8B and CN¥188.3B respectively. PDD Holdings's EBIT is CN¥105.2B making its interest coverage ratio -5.3. It has cash and short-term investments of CN¥308.5B.
Key information
1.9%
Debt to equity ratio
CN¥5.18b
Debt
| Interest coverage ratio | -5.3x |
| Cash | CN¥308.46b |
| Equity | CN¥278.50b |
| Total liabilities | CN¥188.29b |
| Total assets | CN¥466.79b |
Recent financial health updates
PDD Holdings (NASDAQ:PDD) Could Easily Take On More Debt
Dec 04
PDD Holdings (NASDAQ:PDD) Seems To Use Debt Rather Sparingly
Aug 21PDD Holdings (NASDAQ:PDD) Has A Rock Solid Balance Sheet
May 21Is PDD Holdings (NASDAQ:PDD) A Risky Investment?
Jan 17Recent updates
PDD Holdings (NASDAQ:PDD) Could Easily Take On More Debt
Dec 04PDD Holdings: Cheap With A Christmas Catalyst (Rating Upgrade)
Dec 01PDD: Near-Term Correction Doesn't Deter Our Bullish Bargain Hunt
Nov 23PDD Holdings: Strong Buy With An Outsized CAGR Likely Until 2026
Nov 16PDD Holdings: Brand Migration Driving Long-Term GMV Growth
Oct 25PDD: Shop Until You Drop
Oct 16The Market Lifts PDD Holdings Inc. (NASDAQ:PDD) Shares 52% But It Can Do More
Oct 12Here's Why We Think PDD Holdings (NASDAQ:PDD) Might Deserve Your Attention Today
Oct 10PDD Stock: Chinese Stimulus Just Made The Bull Case Stronger
Sep 25PDD Holdings Inc. (NASDAQ:PDD) Might Not Be As Mispriced As It Looks After Plunging 27%
Aug 28PDD Holdings: Price Crash Could Be A Buying Opportunity
Aug 28PDD: Ready To Move Higher Post Q2 Earnings
Aug 21PDD Holdings (NASDAQ:PDD) Seems To Use Debt Rather Sparingly
Aug 21Investors Should Be Encouraged By PDD Holdings' (NASDAQ:PDD) Returns On Capital
Aug 05PDD Holdings: Looming Tariffs Likely Won't Stop Temu
Jul 16PDD: Strong Business Growth Thanks To Temu, Trading At Just 12x Earnings
Jun 22PDD: Untapped Growth Engine With Hidden Cash Potential
Jun 15Bullish: Analysts Just Made An Incredible Upgrade To Their PDD Holdings Inc. (NASDAQ:PDD) Forecasts
May 23PDD Holdings' Q1 Earnings: Great - With 1 Catch (Rating Downgrade)
May 22PDD Holdings (NASDAQ:PDD) Has A Rock Solid Balance Sheet
May 21PDD Holdings: Offering High Growth, Strong Profits And Stability (SA Quant)
May 08PDD Holdings: I'm Buying This Now
Apr 08Take Care Before Diving Into The Deep End On PDD Holdings Inc. (NASDAQ:PDD)
Apr 02PDD Holdings: Revenues Soar But Gross Margins Continue To Collapse
Mar 30PDD Holdings: Blowout Earnings Show Stock Is Cheap Given Expected Growth
Mar 20Why The 27% Return On Capital At PDD Holdings (NASDAQ:PDD) Should Have Your Attention
Mar 18Here's Why We Think PDD Holdings (NASDAQ:PDD) Might Deserve Your Attention Today
Mar 03PDD Holdings: It's Not Temu, But Macro Concerns That Encourage Caution
Feb 15Is PDD Holdings (NASDAQ:PDD) A Risky Investment?
Jan 17PDD Holdings: The Only Survivor In China ADRs, Can Their Outperformance Last?
Jan 11Why Investors Shouldn't Be Surprised By PDD Holdings Inc.'s (NASDAQ:PDD) 25% Share Price Surge
Dec 22Financial Position Analysis
Short Term Liabilities: PDD's short term assets (CN¥386.8B) exceed its short term liabilities (CN¥180.0B).
Long Term Liabilities: PDD's short term assets (CN¥386.8B) exceed its long term liabilities (CN¥8.3B).
Debt to Equity History and Analysis
Debt Level: PDD has more cash than its total debt.
Reducing Debt: PDD's debt to equity ratio has reduced from 19.8% to 1.9% over the past 5 years.
Debt Coverage: PDD's debt is well covered by operating cash flow (2497.6%).
Interest Coverage: PDD earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:36 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PDD Holdings Inc. is covered by 80 analysts. 44 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sau Shing Chow | ABCI Securities Company Limited |
| Richard Kramer | Arete Research Services LLP |
| Zixiao Yang | Arete Research Services LLP |