PDD Holdings Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 11, 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
Market Capitalization	108,162	119,603	107,592	152,608	85,577	53,961
Market Cap Growth	-19.75%	11.16%	-29.50%	78.33%	58.59%	-66.19%
Enterprise Value	63,138	76,490	73,632	132,908	71,485	44,168
Last Close Price	76.79	84.87	107.04	105.20	111.21	98.96
PE Ratio	10.25	11.33	8.74	22.96	22.55	59.75
PS Ratio	2.36	2.61	2.50	5.57	5.45	4.94
PB Ratio	2.45	2.71	3.14	7.36	6.04	6.18
P/TBV Ratio	2.45	2.71	3.14	7.36	6.05	6.24
P/FCF Ratio	-	10.53	8.13	14.73	14.86	18.21
P/OCF Ratio	9.52	10.53	8.06	14.64	14.66	16.13
EV/Sales Ratio	1.35	1.67	1.71	4.85	4.55	4.04
EV/EBITDA Ratio	5.99	7.55	6.17	20.18	18.21	45.27
EV/EBIT Ratio	6.17	7.61	6.21	20.45	19.54	55.09
EV/FCF Ratio	-	6.73	5.56	12.83	12.41	14.90
Debt / Equity Ratio	0.01	0.01	0.03	0.05	0.14	0.17
Debt / EBITDA Ratio	0.06	0.06	0.10	0.17	0.51	1.43
Debt / FCF Ratio	0.05	0.05	0.09	0.11	0.35	0.50
Net Debt / Equity Ratio	-1.00	-1.00	-1.02	-1.11	-1.12	-1.07
Net Debt / EBITDA Ratio	-4.37	-4.37	-2.94	-3.48	-4.06	-9.55
Net Debt / FCF Ratio	-3.90	-3.90	-2.65	-2.21	-2.77	-3.14
Asset Turnover	0.76	0.76	0.92	0.85	0.62	0.55
Quick Ratio	2.06	2.06	1.82	1.49	1.34	1.05
Current Ratio	2.45	2.45	2.21	1.93	1.85	1.72
Return on Equity (ROE)	27.29%	27.29%	44.92%	39.36%	32.70%	11.48%
Return on Assets (ROA)	10.42%	10.42%	15.89%	12.54%	9.08%	2.54%
Return on Capital Employed (ROCE)	22.60%	22.60%	34.20%	30.10%	25.30%	7.90%
Earnings Yield	9.76%	8.82%	11.44%	4.35%	4.44%	1.67%
FCF Yield	-	9.50%	12.30%	6.79%	6.73%	5.49%
Buyback Yield / Dilution	-0.22%	-0.22%	-1.32%	-1.36%	-0.83%	-19.83%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.