YOLFTbeta
PDD Holdings Inc.

PDD Holdings Inc.

PDD · NASDAQ · Consumer Cyclical / Internet Retail

78.97USD+1.44 (+1.86%)

Price History

Full chart

Market Stats

Previous Close77.53
Open77.00
Day Range76.89 – 79.45
52-Week Range71.94 – 139.12
Volume3.74M
Market Cap112.85B
P/E (TTM)8.92
Forward P/E6.08
EPS8.89
Dividend Yield0.00%
Beta-0.05
50-Day Avg80.52
200-Day Avg91.21

About

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. The company operates Pinduoduo platform, which provides various product categories and interactive shopping experiences; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

Company Details

  • SectorConsumer Cyclical
  • IndustryInternet Retail
  • CEOMr. Lei Chen
  • Employees25.47K
  • Headquarters25 St Stephen?s Green, Dublin, Ireland, D02 XF99, USA
  • Websitehttps://www.pddholdings.com

Leadership

  • Mr. Lei ChenGeneral Counsel, Co-CEO & Co-Chairman of the Board · b. 1980
  • Mr. Jiazhen ZhaoCo-CEO & Co-Chairman of the Board · b. 1984
  • Ms. Jun LiuVice President of Finance · b. 1983
  • Mr. Junyun XiaoSenior Vice President of Operation · b. 1980
  • Mr. Zhenwei ZhengSenior Vice President of Product Development · b. 1984
  • Mr. Mi WangSenior Vice President of Engineering
  • David LiuVice President of Strategy
  • Peng ChengIR Director

Financials

Income Statement

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue504.86M1.74B13.12B30.14B59.49B93.95B130.56B247.64B393.84B431.85B
Growth (%)-+245.45%+652.26%+129.74%+97.37%+57.92%+38.97%+89.68%+59.04%+9.65%
Cost of Revenue577.87M722.83M2.91B6.34B19.28B31.72B31.46B91.72B153.90B188.80B
Gross Profit-73.01M1.02B10.21B23.80B40.21B62.23B99.10B155.92B239.94B243.04B
Gross Margin-14.46%58.56%77.86%78.97%67.59%66.24%75.90%62.96%60.92%56.28%
Operating Expense213.20M1.62B21.01B32.34B49.59B55.34B68.69B97.22B131.51B149.94B
Operating Income-286.21M-595.72M-10.80B-8.54B-9.38B6.90B30.40B58.70B108.42B93.10B
Operating Margin-56.69%-34.16%-82.32%-28.33%-15.77%7.34%23.29%23.70%27.53%21.56%
EBITDA-285.45M-583.46M-4.35B-7.90B-8.58B12.78B39.05B73.81B109.21B122.45B
EBITDA Margin-56.54%-33.45%-33.15%-26.21%-14.42%13.60%29.91%29.80%27.73%28.35%
Net Income-291.98M-525.12M-10.22B-6.97B-7.18B7.77B31.54B60.03B112.43B97.84B
Net Income Margin-57.83%-30.11%-77.87%-23.12%-12.07%8.27%24.16%24.24%28.55%22.66%
R&D29.42M129.18M1.12B3.87B6.89B8.99B10.38B10.95B12.66B16.50B
R&D as % of Total Revenue5.83%7.41%8.51%12.84%11.58%9.57%7.95%4.42%3.21%3.82%
Interest Expense000145.86M757.34M1.23B51.66M43.99M00
Interest Expense % of Total Revenue0.00%0.00%0.00%0.48%1.27%1.31%0.04%0.02%0.00%0.00%

Balance Sheet

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.77B13.31B43.18B76.06B158.91B181.21B237.12B348.08B505.03B630.45B
Total Liabilities1.41B12.11B24.36B51.41B98.73B106.10B119.35B160.84B191.72B215.27B
Total Equity356.45M1.20B18.82B24.65B60.18B75.11B117.77B187.24B313.31B415.17B
Cash1.32B3.06B14.16B5.77B22.42B6.43B34.33B59.79B57.77B182.85B
Total Debt54.12M433.44M436.50M6.65B16.97B12.76B16.93B10.17B10.61B5.38B
Net Debt-1.32B-3.06B-14.16B881.57M-5.45B6.33B-17.39B-49.63B-47.16B-177.47B

Cash Flow

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow879.78M315.48M7.77B14.82B28.20B28.78B7.03B94.16B121.93B106.94B
Investing Cash Flow-307.30M71.65M-7.55B-28.32B-38.36B-35.56B-3.24B-55.43B-118.36B-43.42B
Financing Cash Flow486.54M1.40B17.34B15.85B51.80B-1.88B10.08M-8.96B1.16M-5.23B
Capital Expenditure2.30M8.92M27.33M27.44M43.05M3.29B635.72M583.88M967.14M1.15B
Free Cash Flow877.48M306.56M7.74B14.79B28.15B25.50B6.40B93.58B120.96B105.79B
Dividends Paid18.33M000------
FCF to OCF99.74%97.17%99.65%99.81%99.85%88.58%90.96%99.38%99.21%98.93%
Dividend Paid to FCF2.09%0.00%0.00%0.00%------

Earnings

Report DateMay 30, 2018Aug 30, 2018Nov 20, 2018Mar 13, 2019May 20, 2019Aug 21, 2019Nov 20, 2019Mar 11, 2020May 22, 2020Aug 21, 2020Nov 12, 2020Mar 17, 2021May 26, 2021Aug 24, 2021Nov 26, 2021Mar 21, 2022May 27, 2022Aug 29, 2022Nov 28, 2022Mar 20, 2023May 26, 2023Aug 29, 2023Nov 28, 2023Mar 20, 2024May 22, 2024Aug 26, 2024Nov 21, 2024Mar 18, 2025May 27, 2025Aug 25, 2025Nov 18, 2025Mar 23, 2026May 27, 2026Aug 24, 2026Nov 17, 2026
EPS Estimate0.00--1.68-1.47-1.73-1.35-0.52-1.55-1.97-1.39-1.010.08-2.43-1.350.282.211.832.845.188.304.447.368.3911.4510.3820.0219.6719.6718.9614.8016.5720.7116.372.692.60
EPS Actual0.18-0.05-1.20-1.72-1.20-0.36-1.44-0.72-2.73-0.060.33-0.15-1.522.852.185.882.957.548.628.346.9210.4711.6117.3220.7223.2418.5920.1511.4122.0721.0817.699.512.72-
Surprise--28.57%-17.01%30.64%73.33%-176.92%53.55%-38.58%95.68%132.67%-287.50%37.45%311.11%678.57%166.06%61.20%165.49%66.41%0.48%55.86%42.26%38.38%51.27%99.61%16.08%-5.49%2.43%-39.82%49.12%27.22%-14.58%-41.91%1.12%-
Timing-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap112.85B
Enterprise Value42.55B
Trailing P/E8.92
Forward P/E6.08
PEG Ratio0.68
Price / Sales0.25
Price / Book1.64
EPS8.89
Book Value47.66
Revenue (TTM)450.78B
Gross Profit (TTM)253.87B
EBITDA99.10B
Profit Margin20.43%
Operating Margin24.71%
Return on Equity22.75%
Return on Assets10.01%
Shares Outstanding1.42B
Shares Float753.95M
Beta-0.05
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 36 analystsTarget 115.17
  • Strong Buy
    17
  • Buy
    4
  • Hold
    13
  • Sell
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
31.40%
Insiders
0.72%
Retail / Other
67.88%

Top Institutional Holders

  • BlackRock Inc
    31.97M2.25%
  • Baillie Gifford & Co Limited.
    26.59M1.87%
  • H&H International Investment, LLC
    25.02M1.76%
  • Vanguard Capital Management, LLC
    24.65M1.73%
  • Amvescap Plc.
    22.23M1.56%
  • The Goldman Sachs Group Inc
    14.01M0.98%
  • HSG Holding Ltd
    11.35M0.80%
  • Himalaya Capital Management LLC
    10.76M0.76%
  • State Street Corp
    10.30M0.72%
  • NetEase, Inc.
    9.57M0.67%
  • NORGES BANK
    9.34M0.66%
  • SC US (TTGP), LTD.
    8.84M0.62%
  • UBS Asset Mgmt Americas Inc
    8.73M0.61%
  • Sanders Capital, LLC
    7.94M0.56%
  • Vanguard Fiduciary Trust Co
    6.66M0.47%
  • Geode Capital Management, LLC
    6.64M0.47%
  • Fidelity International Ltd
    6.29M0.44%

Top Fund Holders

  • Invesco QQQ Trust
    13.95M0.98%
  • Vanguard Total Intl Stock Index Inv
    11.41M0.80%
  • Vanguard Emerging Mkts Stock Idx Inv
    10.91M0.77%