PDD Holdings Inc.
Consumer CyclicalNASDAQ:PDD · NASDAQ Global Select
+$0.26 today
Vol 5.32M · Avg 8.89M
Balance Sheet
Inspect the capital base behind the business
Review assets, liabilities, equity, cash, and debt to judge whether the company has the financial position to support future returns.
Balance Sheet
Assets, liabilities & equity
| Cash & Equivalents | $198.5B |
| Short-term Investments | $311.9B |
| Receivables | $15.5B |
| Other Current | $8.7B |
| Total Current Assets | $534.6B |
| PP&E (Net) | $5.7B |
| Intangible Assets | $14.9M |
| Tax Assets | $201.2M |
| Other Non-current | $94.8B |
| Total Non-current Assets | $100.8B |
| Total Assets | $635.3B |
Analysis
Selected assets total $635.3B for Latest. The largest visible component is Short-term Investments at $311.9B, about 49.1% of the tab total. Use the mix to judge balance sheet concentration, liquidity, leverage, and how much of book value is supported by tangible operating assets.
Balance Sheet
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $182.8B +216.5% | $57.8B -3.4% | $59.8B +74.2% | $34.3B +434.1% | $6.4B | $1.0B | $841.8M | $673.8M |
| Short-term Investments | $313.6B +14.5% | $273.8B +73.9% | $157.4B +36.7% | $115.1B +33.1% | $86.5B | -$1.6B | $445.6M | $378.4M |
| Net Receivables | $15.3B +26.1% | $12.2B +63.6% | $7.4B +121.7% | $3.4B -3.6% | $3.5B | $533.8M | $399.4M | -$1.7B |
| Inventory | $0 -100.0% | $1.6B +1438.9% | -$119.5M | $0 -100.0% | $14.2M | $641.6M | $328.0M | $316.8M |
| Other Current Assets | $7.5B -89.0% | $68.4B -0.5% | $68.8B +9.4% | $62.9B -2.5% | $64.5B | $1.5B | $966.4M | $764.8M |
| Total Current Assets | $519.3B +24.9% | $415.6B +41.0% | $294.8B +36.1% | $216.6B +34.6% | $160.9B | $12.5B | $10.5B | $5.5B |
| Property, Plant & Equipment (Net) | $6.2B +3.9% | $5.9B +16.9% | $5.1B +106.6% | $2.5B -21.7% | $3.1B | $1.2B | $1.5B | $687.8M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $925.8M | $466.6M | $309.8M |
| Intangible Assets | $15.4M -19.7% | $19.2M -9.4% | $21.1M -84.2% | $134.0M -80.9% | $701.2M | $568.8M | $860.0M | $1.5B |
| Long-term Investments | $0 | $0 | $0 | $0 | $0 | $524.0M | -$1.5B | $860.0M |
| Tax Assets | $172.1M +975.6% | $16.0M | $0 -100.0% | $1.0B +3217.1% | $31.5M | $1.5B | $1.4B | $1.4B |
| Other Non-current Assets | $104.8B +25.6% | $83.4B +73.0% | $48.2B +186.0% | $16.9B +2.7% | $16.4B | $1.4B | $1.0B | $679.4M |
| Total Non-current Assets | $111.1B +24.3% | $89.4B +67.6% | $53.3B +160.1% | $20.5B +1.0% | $20.3B | -$15.3B | $14.8B | $11.3B |
| Total Assets | $630.4B +24.8% | $505.0B +45.1% | $348.1B +46.8% | $237.1B +30.9% | $181.2B | $13.3B | $11.9B | $10.6B |
| Account Payables | $107.5B -10.4% | $119.9B +30.5% | $91.9B +36.6% | $67.3B +4.4% | $64.5B | $1.3B | -$1.5B | $1.4B |
| Short-term Debt | $2.5B -52.9% | $5.3B +718.7% | $648.6M -95.3% | $13.9B | $0 | -$1.6B | -$1.6B | $326.6M |
| Tax Payables | $0 | $0 -100.0% | $16.9B +142.9% | $7.0B +21.6% | $5.7B | $574.4M | -$1.5B | $1.4B |
| Deferred Revenue | $3.4B +14.7% | $2.9B +37.4% | $2.1B +54.3% | $1.4B +19.1% | $1.2B | -$1.6B | $374.2M | $542.2M |
| Other Current Liabilities | $99.0B +409.8% | $19.4B -53.6% | $41.8B +59.8% | $26.2B +19.1% | $22.0B | $1.1B | $1.5B | $493.2M |
| Total Current Liabilities | $212.4B +12.7% | $188.4B +23.2% | $152.9B +30.8% | $116.9B +24.7% | $93.7B | $6.0B | $10.1B | $14.3B |
| Long-term Debt | $0 | $0 -100.0% | $5.2B +232.0% | $1.6B -86.6% | $11.8B | $1.3B | $438.6M | $1.3B |
| Deferred Tax Liabilities | $41.9M -60.8% | $106.8M +78.5% | $59.8M +359.3% | $13.0M -58.4% | $31.3M | $746.6M | $612.2M | $477.8M |
| Deferred Revenue (Non-current) | $0 | $0 | $0 | $0 | $0 | -$1.6B | $715.8M | $1.3B |
| Other Non-current Liabilities | $0 | $0 | $0 | $0 -100.0% | $996.0K | $489.0M | $1.1B | -$1.5B |
| Total Non-current Liabilities | $2.9B -11.4% | $3.3B -58.4% | $7.9B +222.6% | $2.5B -80.1% | $12.4B | $3.9B | $7.5B | $14.1B |
| Total Liabilities | $215.3B +12.3% | $191.7B +19.2% | $160.8B +34.8% | $119.3B +12.5% | $106.1B | $14.7B | $3.7B | $9.6B |
| Common Stock | $182.1K +1.2% | $180.0K +1.7% | $177.0K +4.1% | $170.0K +5.6% | $161.0K | $651.4M | $517.0M | $382.6M |
| Retained Earnings | $285.9B +52.3% | $187.7B +149.8% | $75.1B +394.4% | $15.2B +185.8% | -$17.7B | -$1.6B | $519.8M | $1.1B |
| Accumulated OCI | $3.5B -55.8% | $7.8B +62.0% | $4.8B +45.2% | $3.3B +232.0% | -$2.5B | $393.8M | $550.6M | $707.4M |
| Other Stockholders Equity | $0 | $0 | $0 | $0 | $0 | $351.8M | -$1.6B | $1.5B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $1.4B | $337.8M | $931.4M |
| Total Equity | $415.2B +32.5% | $313.3B +67.3% | $187.2B +59.0% | $117.8B +56.8% | $75.1B | $9.1B | $7.7B | $3.3B |
| Total Debt | $5.4B -49.3% | $10.6B +4.3% | $10.2B -40.0% | $16.9B +32.7% | $12.8B | $724.2M | $410.6M | $399.4M |
| Net Debt | -$177.5B -276.3% | -$47.2B +5.0% | -$49.6B -185.4% | -$17.4B -374.6% | $6.3B | $389.6M | $501.6M | $311.2M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Toyota Motor Corporation
NYSE:TM
$228.02B
McDonald's Corporation
NYSE:MCD
$202.36B
The TJX Companies, Inc.
NYSE:TJX
$186.04B
Booking Holdings Inc.
NASDAQ:BKNG
$127.81B
Lowe's Companies, Inc.
NYSE:LOW
$123.79B
MercadoLibre, Inc.
NASDAQ:MELI
$80.59B
Sea Limited
NYSE:SE
$50.80B
eBay Inc.
NASDAQ:EBAY
$48.22B
JD.com, Inc.
NASDAQ:JD
$38.57B
DICK'S Sporting Goods, Inc.
NYSE:DKS
$18.88B
SEC Filings
Recent regulatory filings
No filings found.
How much cash does PDD have?
PDD Holdings Inc. (PDD) reported $182.85B in cash and equivalents in fiscal 2025.
How much debt does PDD carry?
PDD Holdings Inc. (PDD) reported $5.38B of total debt, with net debt of -$177,465,553,000.00.
Explore More
Continue the stock analysis
Jump to another research area for this company.