PDD Holdings Inc. (PDD)

PDD Holdings Cash Flow Statement

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

Year	2023	2022	2021	2020	2019	2018	2017	2016
Net Income	60,027	31,538	7,769	-7,179.74	-6,967.6	-10,297.62	-498.7	-322.41
Depreciation & Amortization	1,888	2,735	1,844	800.47	711.04	497	2.27	0.76
Share-Based Compensation	7,079	7,718	4,775	3,613	2,558	6,842	13.38	4.06
Other Operating Activities	25,169	6,516	14,395	30,963	18,520	10,646	10,196	1,167
Operating Cash Flow	94,163	48,508	28,783	28,197	14,821	7,768	9,686	879.78
Operating Cash Flow Growth	94.12%	68.53%	2.08%	90.25%	90.80%	-19.81%	1001.00%	-
Capital Expenditures	-583.43	-635.68	-3,286.84	-43	-26.96	-27.29	-8.56	-2.3
Acquisitions	0	0	0	-238	-459.63	0	0	0
Change in Investments	-54,977.64	-21,725.99	-32,720.56	-38,076.91	-27,833.09	-7,521.22	80.21	-305
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	-7,548.51	71.65	-307.3
Share Issuance / Repurchase	0	0	0	37,869	7,994	11,524	-32.68	0
Debt Issued / Paid	-8,968.82	0	-1,875.47	13,930	7,861	0	0	0
Other Financing Activities	8.19	10.08	0.32	-0.01	-	5,821	1,432	486.54
Financing Cash Flow	-8,960.63	10.08	-1,875.15	51,799	15,855	17,344	1,399	486.54
Exchange Rate Effect	-291.14	100.18	-145.16	-139.94	450.14	546.91	-47.68	20.4
Net Cash Flow	29,479	26,256	-8,799.67	41,498	2,806	18,111	11,109	1,079
Free Cash Flow	93,579	47,872	25,496	28,154	14,794	7,741	9,678	877.48
Free Cash Flow Growth	95.48%	87.76%	-9.44%	90.30%	91.12%	-20.02%	1002.91%	-
Free Cash Flow Margin	37.79%	36.67%	27.14%	47.32%	49.08%	59.00%	554.89%	173.80%
Free Cash Flow Per Share	69.11	37.86	20.34	23.62	12.79	10.43	21.93	1.93

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