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PDD Holdings Inc. (PDD)
NASDAQ: PDD · Real-Time Price · USD
84.00
-1.69 (-1.97%)
At close: Aug 31, 2026, 4:00 PM EDT
83.49
-0.51 (-0.61%)
Pre-market: Sep 1, 2026, 5:05 AM EDT

PDD Holdings Balance Sheet

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Equivalents
128,918123,041108,90192,38763,22270,12657,76865,29556,75655,59259,79454,94031,37919,77134,32625,60213,0577,4056,42711,133
Short-Term Investments
327,496313,030313,408331,383323,909294,375273,792243,166228,171186,540157,415147,907148,129137,264115,106112,208106,32387,81686,20386,785
Trading Asset Securities
--------------6.92---313.32-
Cash & Short-Term Investments
456,414436,071422,308423,769387,131364,501331,560308,462284,927242,132217,210202,847179,509157,035149,439137,809119,38095,22192,94397,918
Cash Growth (YoY)
17.90%19.63%27.37%37.38%35.87%50.54%52.64%52.07%58.73%54.19%45.35%47.19%50.37%64.92%60.78%40.74%29.51%14.23%6.87%114.85%
Accounts Receivable
14,51115,5268,93615,14714,69312,8877,10713,92311,48111,74310,6328,6866,6575,5903,3525,1574,7284,1883,4774,564
Other Receivables
--8,684---4,335---367---3,303---1,784-
Receivables
14,51115,52618,53115,14714,69312,88712,15313,92311,48111,74311,7098,6866,6575,5907,3535,1574,7284,1885,9594,564
Prepaid Expenses
8,5818,7451,6736,4407,5415,2551,3574,0543,9583,4821,3263,6302,985-966.441,796----
Restricted Cash
77,27476,21373,83171,00366,67865,13268,42660,39359,36159,11361,98556,41352,05550,89957,97448,80849,80744,72959,61751,230
Other Current Assets
--2,638---2,152---2,520--2,288885.95-1,5322,0272,3903,381
Total Current Assets
556,780536,555518,980516,360476,043447,774415,648386,831359,726316,470294,750271,576241,206215,811216,618193,570175,446146,165160,909157,093
Property, Plant & Equipment
9,0685,7536,1696,2096,0526,4325,9445,6965,1014,8355,0844,7283,1862,5882,4612,3832,3332,5793,1422,967
Long-Term Investments
--104,317---82,974---47,524---16,665---16,268-
Other Intangible Assets
141515.3916.3417.318.2219.1720.0921.0621.9921.1521.922.6523.4134297.86435.84556.76701.22860.61
Long-Term Deferred Tax Assets
1,162202171.96670.2573.362.7616272.776.6344.12270.741,6321,5451,2991,04527.7124.1523.1431.514.22
Other Long-Term Assets
96,38395,179391.0690,46984,97176,226433.2373,97467,81956,455426.9136,29428,32620,345196.7412,82913,76019,395158.015,593
Total Assets
663,407637,704630,044613,724567,156530,513505,034466,794432,744377,826348,078314,251274,285240,066237,120209,108191,999168,719181,210166,529

Liabilities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Accounts Payable
111,190110,405168,794101,75796,68293,625143,54383,85679,86075,86493,14170,12961,94757,83968,97254,16355,39249,20666,42453,201
Accrued Expenses
76,88377,30915,62489,06676,83876,20715,09774,40468,73554,20433,61443,93630,89021,51615,18614,24213,82912,88211,33611,406
Current Portion of Long-Term Debt
---5,2485,2885,3025,310-0.2573.95648.5714,35114,43113,71213,886-----
Current Portion of Leases
2,4552,5022,4992,3862,4162,3252,1062,0151,8661,7271,6421,381955.4729.45602.04512.84477.64418.36427.16338.71
Current Unearned Revenue
3,6413,5213,3793,3323,6012,9452,9472,9522,4142,2812,1452,0441,6391,5431,3901,3921,2431,0611,1671,144
Other Current Liabilities
18,54517,90523,44117,43017,13716,62019,41916,77017,95917,24821,71116,28316,13115,68316,85415,12314,77313,95514,37520,207
Total Current Liabilities
212,714211,642213,737219,218201,962197,025188,423179,997170,833151,398152,901148,124125,994111,023116,88985,43285,71477,52293,73086,297
Long-Term Debt
-------5,1765,2645,2415,2321,6241,6351,5551,57615,75014,87514,05711,78911,685
Long-Term Leases
2,3892,6202,8803,0403,2603,6263,1923,0462,6352,4382,6442,3971,248978.4870.78750.26462.4453.62544.26437.83
Long-Term Deferred Tax Liabilities
-1541.8563.5470.17161.51106.7770.2934.0643.9259.8355.964.220.3813.0346.0538.6732.0731.29-
Other Long-Term Liabilities
517---------------0.080.5411.49
Total Liabilities
215,620214,277216,659222,321205,293200,812191,721188,289178,766159,120160,837152,201128,941113,556119,349101,978101,09092,066106,09598,421

Shareholders' Equity

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Common Stock
--0.180.180.180.180.180.180.180.180.180.180.180.170.170.160.160.160.160.16
Additional Paid-In Capital
128,599127,292125,768124,013121,959120,004117,829115,425112,946110,449107,293104,153102,682100,78499,25096,75494,88993,04595,34193,848
Retained Earnings
325,230298,048285,502262,483233,154202,401187,659160,212135,232103,22275,22551,94436,40723,29915,1985,744-4,844-13,741-17,707-24,326
Comprehensive Income & Other
-6,042-1,9132,1164,9076,7507,2977,8252,8675,8005,0344,7245,9536,2552,4273,3224,631864.03-2,651-2,520-1,414
Total Common Equity
447,787423,427413,385391,403361,864329,701313,313278,505253,978218,706187,242162,050145,344126,510117,771107,13090,90976,65375,11568,108
Shareholders' Equity
447,787423,427413,385391,403361,864329,701313,313278,505253,978218,706187,242162,050145,344126,510117,771107,13090,90976,65375,11568,108
Total Liabilities & Equity
663,407637,704630,044613,724567,156530,513505,034466,794432,744377,826348,078314,251274,285240,066237,120209,108191,999168,719181,210166,529

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Total Debt
4,8445,1225,37910,67410,96311,25310,60710,2379,7659,48010,16619,75318,26916,97516,93417,01315,81514,92912,76012,461
Net Cash (Debt)
451,570430,949416,929413,096376,168353,248320,953298,225275,162232,652207,044183,093161,239140,060132,504120,797103,56580,29280,18385,457
Net Cash Growth (YoY)
20.04%22.00%29.90%38.52%36.71%51.84%55.02%62.88%70.66%66.11%56.25%51.57%55.69%74.44%65.25%41.35%29.28%13.84%14.54%132.70%
Net Cash Per Share
306.46291.18280.44277.53253.83238.19216.67201.85185.74157.54140.77124.87110.5695.7691.2483.6572.4656.4656.4259.93
Filing Date Shares Outstanding
1,4071,4041,4231,3991,3971,3921,4201,3861,3831,3771,3891,3661,3601,3211,3291,2631,2611,2591,2641,255
Total Common Shares Outstanding
1,4071,4041,4231,3991,3971,3921,3921,3861,3831,3771,3761,3661,3601,3211,3201,2631,2611,2591,2641,255
Working Capital
344,066324,913305,243297,142274,080250,749227,225206,834188,893165,072141,850123,452115,212104,78899,728108,13889,73268,64367,17970,796
Book Value Per Share
318.31301.59290.42279.71259.04236.86225.06200.95183.58158.78136.09118.66106.9095.7989.2584.8372.1260.8859.4154.26
Tangible Book Value
447,773423,412413,370391,387361,846329,683313,294278,485253,957218,684187,220162,028145,321126,487117,637106,83290,47376,09674,41367,247
Tangible Book Value Per Share
318.30301.58290.41279.70259.03236.85225.04200.94183.57158.76136.07118.65106.8995.7789.1584.6071.7760.4358.8553.57
Machinery
--5,600---4,676---4,150---3,592---3,135-
Leasehold Improvements
--200.68---128.74---69.69---30.25---28.77-
SEC Filings: 10-K · 10-Q