Pinduoduo
Market Cap
US$40.1b
Last Updated
2019/09/17 00:42 UTC
Data Sources
Company Financials +
Executive Summary
Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China.
Snowflake
Fundamentals
Exceptional growth potential with flawless balance sheet.
Risks
- Pinduoduo has significant price volatility in the past 3 months.
Similar Companies
Share Price & News
How has Pinduoduo's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.3%
NasdaqGS:PDD
-0.1%
US Online Retail
1.1%
US Market
1 Year Return
53.4%
NasdaqGS:PDD
1.8%
US Online Retail
2.1%
US Market
PDD outperformed the Online Retail industry which returned 0.8% over the past year.
PDD outperformed the Market in United States of America which returned 2% over the past year.
Share holder returns
| PDD | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | -0.1% | 1.1% |
| 30 Day | 38.9% | 2.0% | 3.7% |
| 90 Day | 65.7% | 0.04% | 2.3% |
| 1 Year | 53.4%53.4% | 1.8%1.8% | 4.4%2.1% |
| 3 Year | n/a | 89.8%89.5% | 47.0%37.4% |
| 5 Year | n/a | 183.9%171.2% | 61.6%43.8% |
Price Volatility Vs. Market
How volatile is Pinduoduo's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Do Institutions Own Pinduoduo Inc. (NASDAQ:PDD) Shares?2 months ago | Simply Wall St
Pinduoduo Inc.'s (NASDAQ:PDD) Path To Profitability3 months ago | Simply Wall St
Is Pinduoduo Inc. (NASDAQ:PDD) A Financially Strong Company?Valuation
Is Pinduoduo undervalued based on future cash flows and its price relative to the stock market?
11.36x
Price to Book (PB) ratio
Intrinsic Value Based on Future Cash Flows
Pinduoduo's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Pinduoduo's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Pinduoduo is loss making, we can't compare its value to the US Online Retail industry average.
Pinduoduo is loss making, we can't compare the value of its earnings to the United States of America market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Pinduoduo, we can't assess if its growth is good value.
Price Based on Value of Assets
Pinduoduo is overvalued based on assets compared to the US Online Retail industry average.
Next Steps
Future Growth
How is Pinduoduo expected to perform in the next 1 to 3 years based on estimates from 22 analysts?
96.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Pinduoduo's revenue is expected to grow significantly at over 20% yearly.
Pinduoduo's earnings are expected to grow significantly at over 20% yearly.
Pinduoduo's revenue growth is expected to exceed the United States of America market average.
Pinduoduo's earnings growth is expected to exceed the United States of America market average.
Pinduoduo's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Pinduoduo is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
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Past Performance
How has Pinduoduo performed over the past 5 years?
8.3%
Last years earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Pinduoduo does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
Unable to compare Pinduoduo's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Pinduoduo's 1-year growth to the US Online Retail industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if Pinduoduo has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
It is difficult to establish if Pinduoduo has efficiently used its assets last year compared to the US Online Retail industry average (Return on Assets) as it is loss-making.
Return on Capital Employed
It is difficult to establish if Pinduoduo improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
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Financial Health
How is Pinduoduo's financial position?
Financial Position Analysis
Pinduoduo is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Pinduoduo's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Pinduoduo has no debt.
Pinduoduo has not taken on any debt in the past 5 years.
Balance Sheet
Low level of unsold assets.
Pinduoduo has no debt, it does not need to be covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Whilst loss making Pinduoduo has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
Whilst loss making Pinduoduo has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -38.3% per year.
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Dividend
What is Pinduoduo's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Pinduoduo's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Pinduoduo's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Pinduoduo has not reported any payouts.
Unable to verify if Pinduoduo's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Pinduoduo has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of Pinduoduo's dividends in 3 years as they are not expected to pay a notable one for United States of America.
Next Steps
Management
What is the CEO of Pinduoduo's salary, the management and board of directors tenure and is there insider trading?
3.7yrs
Average management tenure
CEO
Zheng Huang (39yo)
4.7yrs
Tenure
Mr. Zheng Huang is a Founder of Pinduoduo Inc. and has been its Chairman of the Board of Directors and Chief Executive Officer since 2015. Mr. Huang employed at Ouku.com in the position of Chief Executive ...
Management Age and Tenure
3.7yrs
Average Tenure
39yo
Average Age
The tenure for the Pinduoduo management team is about average.
Board Age and Tenure
1.3yrs
Average Tenure
52yo
Average Age
The average tenure for the Pinduoduo board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Zheng Huang (39yo)
Founder
- Tenure: 4.7yrs
Christian Arnell
Investor Relations Officer
- Tenure: 0yrs
Lei Chen (39yo)
Chief Technology Officer
- Tenure: 3.7yrs
Zhenwei Zheng (35yo)
Senior Vice President of Product Development
- Tenure: 3.7yrs
Junyun Xiao (39yo)
Senior Vice President of Operation
- Tenure: 3.7yrs
David Liu
Vice President of Strategy
- Tenure: 0yrs
Board Members
Neil Shen (52yo)
Independent Director
- Tenure: 1.4yrs
Lu Qi (57yo)
Independent Director
- Tenure: 1.2yrs
Zheng Huang (39yo)
Founder
- Tenure: 4.7yrs
George Yeo (65yo)
Independent Director
- Tenure: 1.2yrs
Haifeng Lin (42yo)
Director
- Tenure: 2.3yrs
Anthony Kam
Independent Director
- Tenure: 0.08yrs
Company Information
Pinduoduo Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pinduoduo Inc.
- Ticker: PDD
- Exchange: NasdaqGS
- Founded: 2015
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$40.082b
- Shares outstanding: 1.15b
- Website: https://www.pinduoduo.com
Number of Employees
Location
- Pinduoduo Inc.
- No. 533 Loushanguan Road
- 28th Floor
- Shanghai
- 200051
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PDD | NasdaqGS (Nasdaq Global Select) | Yes | SPONSORED ADS | US | USD | Jul 2018 |
Biography
Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, sho ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/17 00:42 |
| End of Day Share Price | 2019/09/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.