PDD Holdings Inc. (PDD)

PDD Holdings Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	60,027	31,538	7,769	-7,179.74	-6,967.6
Depreciation & Amortization	1,888	2,735	1,844	800.47	711.04
Share-Based Compensation	7,079	7,718	4,775	3,613	2,558
Other Operating Activities	25,169	6,516	14,395	30,963	18,520
Operating Cash Flow	94,163	48,508	28,783	28,197	14,821
Operating Cash Flow Growth	94.12%	68.53%	2.08%	90.25%	90.80%
Capital Expenditures	-583.43	-635.68	-3,286.84	-43	-26.96
Acquisitions	0	0	0	-238	-459.63
Change in Investments	-54,977.64	-21,725.99	-32,720.56	-38,076.91	-27,833.09
Other Investing Activities	129.79	-	445.04	-	-
Investing Cash Flow	-55,431.28	-22,361.67	-35,562.37	-38,357.9	-28,319.68
Share Issuance / Repurchase	0	0	0	37,869	7,994
Debt Issued / Paid	-8,968.82	0	-1,875.47	13,930	7,861
Other Financing Activities	8.19	10.08	0.32	-0.01	-
Financing Cash Flow	-8,960.63	10.08	-1,875.15	51,799	15,855
Exchange Rate Effect	-291.14	100.18	-145.16	-139.94	450.14
Net Cash Flow	29,479	26,256	-8,799.67	41,498	2,806
Free Cash Flow	93,579	47,872	25,496	28,154	14,794
Free Cash Flow Growth	95.48%	87.76%	-9.44%	90.30%	91.12%
Free Cash Flow Margin	37.79%	36.67%	27.14%	47.32%	49.08%
Free Cash Flow Per Share	69.11	37.86	20.34	23.62	12.79

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).