PDD Holdings Inc. (PDD)

PDD Holdings Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	57,768	59,794	34,326	6,427	22,421
Short-Term Investments	273,792	140,264	115,106	86,203	61,549
Trading Asset Securities	-	17,151	6.92	313.32	3,002
Cash & Short-Term Investments	331,560	217,210	149,439	92,943	86,972
Cash Growth	52.64%	45.35%	60.78%	6.87%	111.83%
Accounts Receivable	11,248	7,430	3,352	3,477	3,907
Other Receivables	-	4,440	3,303	1,784	1,046
Receivables	11,248	12,581	7,353	5,959	5,651
Inventory	-	-	-	-	1,718
Prepaid Expenses	4,413	1,326	966.44	-	-
Restricted Cash	68,426	61,985	57,974	59,617	52,422
Other Current Assets	-	1,648	885.95	2,390	2,760
Total Current Assets	415,648	294,750	216,618	160,909	149,524
Property, Plant & Equipment	5,944	5,084	2,461	3,142	832.68
Long-Term Investments	-	33,077	16,665	16,268	6,839
Other Intangible Assets	19.17	21.15	134	701.22	1,277
Long-Term Deferred Tax Assets	16	270.74	1,045	31.5	-
Other Long-Term Assets	83,407	14,875	196.74	158.01	436.15
Total Assets	505,034	348,078	237,120	181,210	158,909
Accounts Payable	92,458	93,141	68,972	66,424	58,357
Accrued Expenses	69,142	33,614	15,186	11,336	9,241
Short-Term Debt	-	-	-	-	1,866
Current Portion of Long-Term Debt	5,310	648.57	13,886	-	-
Current Portion of Leases	2,106	1,642	602.04	427.16	253.04
Current Unearned Revenue	2,947	2,145	1,390	1,167	2,423
Other Current Liabilities	16,461	21,711	16,854	14,375	11,741
Total Current Liabilities	188,423	152,901	116,889	93,730	83,882
Long-Term Debt	-	5,232	1,576	11,789	14,433
Long-Term Leases	3,192	2,644	870.78	544.26	414.94
Long-Term Deferred Tax Liabilities	106.77	59.83	13.03	31.29	-
Other Long-Term Liabilities	-	-	-	1	2.92
Total Liabilities	191,721	160,837	119,349	106,095	98,733
Common Stock	0.18	0.18	0.17	0.16	0.16
Additional Paid-In Capital	117,829	107,293	99,250	95,341	86,699
Retained Earnings	187,659	75,225	15,198	-17,707	-25,475
Comprehensive Income & Other	7,825	4,724	3,322	-2,520	-1,048
Total Common Equity	313,313	187,242	117,771	75,115	60,176
Shareholders' Equity	313,313	187,242	117,771	75,115	60,176
Total Liabilities & Equity	505,034	348,078	237,120	181,210	158,909
Total Debt	10,607	10,166	16,934	12,760	16,967
Net Cash (Debt)	320,953	207,044	132,504	80,183	70,005
Net Cash Growth	55.02%	56.25%	65.25%	14.54%	103.46%
Net Cash Per Share	216.98	141.82	92.00	56.13	58.72
Filing Date Shares Outstanding	1,389	1,389	1,329	1,264	1,253
Total Common Shares Outstanding	1,389	1,376	1,320	1,264	1,239
Working Capital	227,225	141,850	99,728	67,179	65,642
Book Value Per Share	225.54	136.09	89.25	59.41	48.58
Tangible Book Value	313,294	187,220	117,637	74,413	58,899
Tangible Book Value Per Share	225.52	136.07	89.15	58.85	47.55
Machinery	-	4,150	3,592	3,135	229.39
Leasehold Improvements	-	69.69	30.25	28.77	23.78

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q