PDD Holdings Inc. (FRA:9PDA)
Germany · Delayed Price · Currency is EUR 76.40
+2.80 (3.80%)
Last updated: Aug 26, 2026, 1:43 PM CET
PDD Holdings Financials Overview
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 450,776 | 431,846 | 393,836 | 247,639 | 130,558 | 93,950 |
Revenue Growth | 10.05% | 9.65% | 59.04% | 89.68% | 38.96% | 57.92% |
Gross Profit Gross Profit Growth | 253,869 | 243,044 | 239,936 | 155,916 | 99,095 | 62,232 |
Operating Income Operating Income Growth | 98,553 | 93,102 | 108,423 | 58,699 | 30,402 | 6,897 |
Net Income Net Income Growth | 92,076 | 97,843 | 112,435 | 60,027 | 31,538 | 7,769 |
Earnings Per Share EPS Growth | 62.26 | 66.00 | 76.00 | 41.15 | 21.93 | 5.44 |
EPS Growth | -5.84% | -13.16% | 84.70% | 87.61% | 303.17% | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Online Marketing Services & Others Total Online Marketing Services & Others Growth | 220,931 | 217,783 | 197,934 | 153,541 | 102,931 | 79,809 |
Transaction Services Transaction Services Growth | 229,845 | 214,063 | 195,902 | 94,099 | 27,626 | 14,140 |
Revenue (Total) Revenue (Total) Growth | 450,776 | 431,846 | 393,836 | 247,639 | 130,558 | 93,950 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 456,414 | 422,308 | 331,560 | 217,210 | 149,439 | 92,943 |
Total Debt Total Debt Growth | 4,844 | 5,379 | 10,607 | 10,166 | 16,934 | 12,760 |
Net Cash (Debt) Net Cash Growth | 451,570 | 416,929 | 320,953 | 207,044 | 132,504 | 80,183 |
Net Cash Growth | 20.04% | 29.90% | 55.02% | 56.25% | 65.25% | 14.54% |
Net Cash Per Share Net Cash Per Share Growth | 305.21 | 281.25 | 216.98 | 141.82 | 92.00 | 56.13 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 111,895 | 106,939 | 121,929 | 94,163 | 48,508 | 28,783 |
Capital Expenditures CapEx Growth | -1,145 | -1,145 | -967.14 | -583.88 | -635.72 | -3,287 |
Free Cash Flow Free Cash Flow Growth | 110,750 | 105,794 | 120,962 | 93,579 | 47,872 | 25,496 |
Free Cash Flow Growth | 18.75% | -12.54% | 29.26% | 95.48% | 87.77% | -9.44% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 56.32% | 56.28% | 60.92% | 62.96% | 75.90% | 66.24% |
Operating Margin | 21.86% | 21.56% | 27.53% | 23.70% | 23.29% | 7.34% |
Pretax Margin | 25.45% | 27.69% | 33.69% | 29.02% | 27.78% | 10.33% |
Profit Margin | 20.43% | 22.66% | 28.55% | 24.24% | 24.16% | 8.27% |
FCF Margin | 24.57% | 24.50% | 30.71% | 37.79% | 36.67% | 27.14% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 26, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 9.02 | 11.51 | 8.74 | 22.96 | 22.55 | 59.75 |
P/FCF Ratio | 7.50 | 10.64 | 8.13 | 14.73 | 14.86 | 18.21 |
PS Ratio | 1.84 | 2.61 | 2.50 | 5.57 | 5.45 | 4.94 |