PDD Holdings Inc. (PDD)

PDD Holdings Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	65,295	59,794	34,326	6,427	22,421	5,768
Short-Term Investments	243,166	140,264	115,106	86,203	61,549	34,493
Trading Asset Securities	-	17,151	6.92	313.32	3,002	795.85
Cash & Short-Term Investments	308,462	217,210	149,439	92,943	86,972	41,057
Cash Growth	52.07%	45.35%	60.78%	6.87%	111.83%	88.41%
Accounts Receivable	13,923	7,430	3,352	3,477	3,907	2,957
Other Receivables	-	4,440	3,303	1,784	1,046	248.82
Receivables	13,923	12,581	7,353	5,959	5,651	3,665
Inventory	-	-	-	-	1,718	-
Prepaid Expenses	4,054	1,326	966.44	-	-	-
Restricted Cash	60,393	61,985	57,974	59,617	52,422	27,578
Other Current Assets	-	1,648	885.95	2,390	2,760	701.56
Total Current Assets	386,831	294,750	216,618	160,909	149,524	73,001
Property, Plant & Equipment	5,696	5,084	2,461	3,142	832.68	558.46
Long-Term Investments	-	33,077	16,665	16,268	6,839	433.65
Other Intangible Assets	20.09	21.15	134	701.22	1,277	1,994
Long-Term Deferred Tax Assets	272.7	270.74	1,045	31.5	-	-
Other Long-Term Assets	73,974	14,875	196.74	158.01	436.15	69.47
Total Assets	466,794	348,078	237,120	181,210	158,909	76,057
Accounts Payable	83,856	93,141	68,972	66,424	58,357	30,234
Accrued Expenses	74,404	33,614	15,186	11,336	9,241	4,519
Short-Term Debt	-	-	-	-	1,866	898.75
Current Portion of Long-Term Debt	-	648.57	13,886	-	-	-
Current Portion of Leases	2,015	1,642	602.04	427.16	253.04	115.73
Current Unearned Revenue	2,952	2,145	1,390	1,167	2,423	605.97
Other Current Liabilities	16,770	21,711	16,854	14,375	11,741	9,395
Total Current Liabilities	179,997	152,901	116,889	93,730	83,882	45,768
Long-Term Debt	5,176	5,232	1,576	11,789	14,433	5,207
Long-Term Leases	3,046	2,644	870.78	544.26	414.94	428.59
Long-Term Deferred Tax Liabilities	70.29	59.83	13.03	31.29	-	-
Other Long-Term Liabilities	-	-	-	1	2.92	7.39
Total Liabilities	188,289	160,837	119,349	106,095	98,733	51,410
Common Stock	0.18	0.18	0.17	0.16	0.16	0.15
Additional Paid-In Capital	115,425	107,293	99,250	95,341	86,699	41,494
Retained Earnings	160,212	75,225	15,198	-17,707	-25,475	-18,295
Comprehensive Income & Other	2,867	4,724	3,322	-2,520	-1,048	1,448
Total Common Equity	278,505	187,242	117,771	75,115	60,176	24,647
Shareholders' Equity	278,505	187,242	117,771	75,115	60,176	24,647
Total Liabilities & Equity	466,794	348,078	237,120	181,210	158,909	76,057
Total Debt	10,237	10,166	16,934	12,760	16,967	6,650
Net Cash (Debt)	298,225	207,044	132,504	80,183	70,005	34,407
Net Cash Growth	62.88%	56.25%	65.25%	14.54%	103.46%	57.90%
Net Cash Per Share	202.72	141.82	92.00	56.13	58.72	29.74
Filing Date Shares Outstanding	1,386	1,389	1,329	1,264	1,253	1,198
Total Common Shares Outstanding	1,386	1,376	1,320	1,264	1,239	1,163
Working Capital	206,834	141,850	99,728	67,179	65,642	27,234
Book Value Per Share	200.95	136.09	89.25	59.41	48.58	21.20
Tangible Book Value	278,485	187,220	117,637	74,413	58,899	22,653
Tangible Book Value Per Share	200.94	136.07	89.15	58.85	47.55	19.49
Machinery	-	4,150	3,592	3,135	229.39	49.13
Leasehold Improvements	-	69.69	30.25	28.77	23.78	18.83

Source: S&P Capital IQ. Standard template. Financial Sources.