P

PDD Holdings Inc
SWB:9PDA

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PDD Holdings Inc
SWB:9PDA
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Price: 101 EUR 1.81% Market Closed
Market Cap: 52.4B EUR

Income Statement

Earnings Waterfall
PDD Holdings Inc

Revenue
418.5B CNY
Cost of Revenue
-181.4B CNY
Gross Profit
237.1B CNY
Operating Expenses
-144.6B CNY
Operating Income
92.5B CNY
Other Expenses
9.8B CNY
Net Income
102.3B CNY

Income Statement
PDD Holdings Inc

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Income Statement
Currency: CNY
Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
6
146
296
459
619
757
942
1 073
1 206
1 231
908
627
343
52
51
49
48
44
0
0
0
0
0
0
0
Revenue
1 744
N/A
3 092
+77%
5 696
+84%
8 645
+52%
13 120
+52%
16 281
+24%
20 862
+28%
25 003
+20%
30 142
+21%
32 138
+7%
37 041
+15%
43 737
+18%
59 492
+36%
75 118
+26%
85 971
+14%
93 267
+8%
93 950
+1%
95 577
+2%
103 970
+9%
117 968
+13%
130 558
+11%
144 401
+11%
165 242
+14%
198 578
+20%
247 639
+25%
296 814
+20%
341 593
+15%
372 107
+9%
393 836
+6%
402 696
+2%
409 622
+2%
418 544
+2%
Gross Profit
Cost of Revenue
(723)
(987)
(1 267)
(1 855)
(2 905)
(3 460)
(4 667)
(5 725)
(6 339)
(7 296)
(8 363)
(9 790)
(19 279)
(28 194)
(33 430)
(36 729)
(31 718)
(28 132)
(28 196)
(29 051)
(31 462)
(35 428)
(46 156)
(65 572)
(91 724)
(113 293)
(128 301)
(141 180)
(153 900)
(162 153)
(174 314)
(181 445)
Gross Profit
1 021
N/A
2 105
+106%
4 429
+110%
6 790
+53%
10 215
+50%
12 821
+26%
16 195
+26%
19 278
+19%
23 803
+23%
24 842
+4%
28 678
+15%
33 947
+18%
40 213
+18%
46 923
+17%
52 541
+12%
56 538
+8%
62 232
+10%
67 445
+8%
75 774
+12%
88 917
+17%
99 095
+11%
108 973
+10%
119 086
+9%
133 006
+12%
155 916
+17%
183 521
+18%
213 292
+16%
230 927
+8%
239 936
+4%
240 543
+0%
235 308
-2%
237 099
+1%
Operating Income
Operating Expenses
(1 607)
(2 738)
(11 575)
(14 972)
(21 014)
(25 488)
(23 716)
(28 322)
(32 341)
(35 657)
(39 642)
(43 415)
(49 594)
(56 054)
(58 034)
(58 596)
(55 335)
(54 247)
(55 876)
(60 722)
(68 693)
(73 796)
(79 888)
(87 589)
(97 217)
(105 778)
(115 703)
(125 701)
(131 513)
(142 009)
(143 545)
(144 602)
Selling, General & Administrative
(1 477)
(2 541)
(11 218)
(14 318)
(19 897)
(23 778)
(21 388)
(25 198)
(28 467)
(30 981)
(34 107)
(37 202)
(42 697)
(48 416)
(49 730)
(49 675)
(46 334)
(44 804)
(46 152)
(50 722)
(58 309)
(63 574)
(69 543)
(77 094)
(86 264)
(94 423)
(104 172)
(113 955)
(118 854)
(128 681)
(129 535)
(129 324)
Research & Development
(128)
(186)
(347)
(643)
(1 113)
(1 710)
(2 328)
(3 123)
(3 860)
(4 676)
(5 535)
(6 213)
(6 879)
(7 637)
(8 304)
(8 921)
(8 216)
(9 442)
(9 725)
(10 001)
(10 385)
(10 223)
(10 345)
(10 495)
(10 952)
(11 355)
(11 531)
(11 747)
(12 659)
(13 328)
(14 010)
(15 278)
Depreciation & Amortization
(2)
(1)
0
0
(5)
0
0
0
(14)
0
0
0
(17)
0
0
0
(785)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
0
(10)
(11)
(11)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Operating Income
(586)
N/A
(633)
-8%
(7 146)
-1 029%
(8 182)
-14%
(10 800)
-32%
(12 667)
-17%
(7 521)
+41%
(9 044)
-20%
(8 538)
+6%
(10 815)
-27%
(10 964)
-1%
(9 468)
+14%
(9 380)
+1%
(9 130)
+3%
(5 493)
+40%
(2 058)
+63%
6 897
N/A
13 198
+91%
19 898
+51%
28 195
+42%
30 402
+8%
35 177
+16%
39 198
+11%
45 418
+16%
58 699
+29%
77 743
+32%
97 589
+26%
105 226
+8%
108 423
+3%
98 535
-9%
91 763
-7%
92 497
+1%
Pre-Tax Income
Interest Income Expense
69
110
237
396
595
797
1 104
1 376
1 459
1 499
1 725
1 701
1 923
2 257
1 880
1 785
1 902
2 081
2 331
3 140
3 796
4 428
6 315
7 393
10 230
14 057
16 541
19 200
21 141
15 859
20 567
23 998
Non-Reccuring Items
(10)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
1
5
6
6
(12)
(24)
14
36
83
78
105
140
194
676
733
622
656
426
1 568
2 168
2 221
3 209
3 049
2 793
2 953
3 606
2 993
2 721
3 120
4 500
4 126
4 059
Pre-Tax Income
(525)
N/A
(518)
+1%
(6 903)
-1 232%
(7 780)
-13%
(10 217)
-31%
(11 894)
-16%
(6 403)
+46%
(7 632)
-19%
(6 996)
+8%
(9 238)
-32%
(9 134)
+1%
(7 628)
+16%
(7 263)
+5%
(6 196)
+15%
(2 881)
+54%
349
N/A
9 455
+2 606%
15 705
+66%
23 797
+52%
33 502
+41%
36 419
+9%
42 814
+18%
48 562
+13%
55 604
+14%
71 881
+29%
95 407
+33%
117 124
+23%
127 147
+9%
132 684
+4%
118 894
-10%
116 456
-2%
120 553
+4%
Net Income
Tax Provision
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(855)
(1 934)
(2 498)
(4 056)
(4 739)
(4 726)
(5 759)
(7 359)
(9 335)
(11 850)
(15 320)
(18 076)
(18 764)
(20 267)
(19 680)
(18 584)
(18 369)
Income from Continuing Operations
(525)
(518)
(6 903)
(7 780)
(10 217)
(11 894)
(6 403)
(7 632)
(6 996)
(9 238)
(9 134)
(7 628)
(7 263)
(6 196)
(2 881)
(505)
7 522
13 207
19 741
28 764
31 693
37 055
41 203
46 268
60 031
80 087
99 048
108 383
112 417
99 214
97 871
102 184
Equity Earnings Affiliates
0
0
0
0
0
0
0
(8)
29
29
29
73
84
230
229
278
247
67
15
(60)
(155)
(15)
48
(69)
(5)
(164)
(223)
(115)
17
(36)
51
86
Net Income (Common)
(499)
N/A
(599)
-20%
(6 983)
-1 066%
(7 860)
-13%
(10 298)
-31%
(11 894)
-16%
(6 403)
+46%
(7 640)
-19%
(6 968)
+9%
(9 209)
-32%
(9 105)
+1%
(7 555)
+17%
(7 180)
+5%
(5 966)
+17%
(2 652)
+56%
(227)
+91%
7 769
N/A
13 274
+71%
19 755
+49%
28 704
+45%
31 538
+10%
37 040
+17%
41 251
+11%
46 200
+12%
60 027
+30%
79 923
+33%
98 825
+24%
108 268
+10%
112 435
+4%
99 179
-12%
97 923
-1%
102 270
+4%
EPS (Diluted)
-0.11
N/A
-0.13
-18%
-1.58
-1 115%
-2.13
-35%
-3.47
-63%
-2.59
+25%
-1.4
+46%
-1.63
-16%
-1.51
+7%
-1.99
-32%
-1.9
+5%
-1.57
+17%
-1.51
+4%
-1.21
+20%
-0.46
+62%
-0.03
+93%
1.36
N/A
2.33
+71%
3.47
+49%
4.96
+43%
5.47
+10%
6.33
+16%
7.08
+12%
7.87
+11%
10.28
+31%
13.53
+32%
16.67
+23%
18.32
+10%
19
+4%
16.71
-12%
16.51
-1%
17.17
+4%