PDD Holdings Inc. (PDD) Financials

NASDAQ:PDD

Market Cap

130.67B

Total Revenue

130.56B

Gross Profit

99.10B

Operating Income

30.40B

Net Income

31.54B

Metric	2016	2017	2018	2019	2020	2021	2022
revenue	504,864,000	1,744,076,000	13,119,990,000	30,141,886,000	59,491,865,000	93,949,939,000	130,557,589,000
costOfRevenue	577,870,000	722,830,000	2,905,249,000	6,338,778,000	19,278,641,000	31,718,093,000	31,462,298,000
grossProfit	-73,006,000	1,021,246,000	10,214,741,000	23,803,108,000	40,213,224,000	62,231,846,000	99,095,291,000
researchAndDevelopmentExpenses	29,421,000	129,181,000	1,116,057,000	3,870,358,000	6,891,653,000	8,992,590,000	10,384,716,000
sellingAndMarketingExpenses	168,990,000	1,344,582,000	13,441,813,000	27,174,249,000	41,194,599,000	44,801,720,000	54,343,719,000
generalAndAdministrativeExpenses	14,793,000	133,207,000	6,456,612,000	1,296,712,000	1,507,297,000	1,540,774,000	3,964,935,000
sellingGeneralAndAdministrativeExpenses	183,783,000	1,477,789,000	19,898,425,000	28,470,961,000	42,701,896,000	46,342,494,000	58,308,654,000
operatingExpenses	213,204,000	1,606,970,000	21,014,482,000	32,341,319,000	49,593,549,000	55,335,084,000	68,693,370,000
operatingIncome	-286,210,000	-595,724,000	-10,799,741,000	-8,538,211,000	-9,380,325,000	6,896,762,000	30,401,921,000
totalOtherIncomeExpensesNet	-10,227,000	-20,174,000	-2,324,000	1,541,932,000	2,116,929,000	2,558,665,000	6,017,093,000
ebitda	-277,261,000	-561,912,000	-10,809,778,000	-6,913,600,000	-6,731,257,000	10,614,679,000	36,620,379,000
depreciationAndAmortization	756,000	2,265,000	497,003,000	1,624,611,000	2,649,068,000	3,717,917,000	6,218,458,000
interestIncome	4,460,000	80,783,000	584,940,000	1,541,825,000	2,455,366,000	3,061,662,000	3,997,100,000
interestExpense	--	--	--	145,858,000	757,336,000	1,231,002,000	51,655,000
incomeBeforeTax	-291,977,000	-525,115,000	-10,217,125,000	-6,996,279,000	-7,263,396,000	9,455,427,000	36,419,014,000
incomeTaxExpense	3,733,000	-59,236,000	582,616,000	-437,863,000	66,916,000	1,933,585,000	4,725,667,000
netIncome	-291,977,000	-525,115,000	-10,217,125,000	-6,558,416,000	-7,330,312,000	7,768,670,000	31,538,062,000
eps	-0.34	-0.61	-13.77	-5.67	-6.15	6.2	24.96
epsdiluted	-0.34	-0.61	-13.77	-5.67	-6.15	5.44	21.92
weightedAverageShsOut	860,581,500	860,581,500	742,079,887	1,156,819,500	1,192,085,825	1,253,162,834	1,264,385,000
weightedAverageShsOutDil	860,581,500	860,581,500	742,079,887	1,156,819,500	1,192,085,825	1,428,441,074	1,440,322,750
costAndExpenses	791,074,000	2,329,800,000	23,919,731,000	38,680,097,000	68,872,190,000	87,053,177,000	100,155,668,000
otherExpenses	-2,034,000	1,373,000	-12,361,000	82,786,000	193,702,000	656,255,000	2,221,358,000

Key Facts

Industry

Internet Retail

Sector

Consumer Cyclical

Headquarters

Shanghai, , CN

Website

pddholdings.com

CEO

Mr. Lei Chen

Employees

12992

About the Company

PDD Holdings Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It owns and operates a portfolio of businesses, including Temu, an e-commerce marketplace in the United States; and operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverages, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. 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 headquartered in Shanghai, the People's Republic of China.