PDD Holdings, Inc. is a multinational commerce group that owns and operates a portfolio of businesses. The company aims to bring more ...
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Gross MarginGross profit as a percentage of revenue. | 66.2% | 75.9% | 63.0% | 60.9% | 56.3% | — |
| Operating MarginOperating income as a percentage of revenue. | 7.3% | 23.3% | 23.7% | 27.5% | 21.6% | — |
| Net MarginNet income as a percentage of revenue. | 8.3% | 24.2% | 24.2% | 28.5% | 22.7% | — |
| EBITDA MarginEBITDA divided by revenue. | 13.2% | 29.5% | 29.4% | 33.9% | 28.4% | — |
| Pre-tax MarginPre-tax profit as a percentage of revenue. | 10.3% | 27.8% | 29.0% | 33.7% | 27.7% | — |
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Current RatioCurrent assets divided by current liabilities. | 1.72 | 1.85 | 1.93 | 2.21 | 2.45 | — |
| Quick RatioLiquid assets divided by current liabilities. | 1.72 | 1.85 | 1.93 | 2.20 | 2.45 | — |
| Cash RatioCash and equivalents divided by current liabilities. | 0.07 | 0.29 | 0.39 | 0.31 | 0.86 | — |
| Debt / AssetsDebt as a share of total assets. | 7.0% | 7.1% | 2.9% | 2.1% | 0.9% | — |
| Debt / EquityDebt compared with shareholder equity. | 0.17 | 0.14 | 0.05 | 0.03 | 0.01 | — |
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Receivables TurnoverHow often receivables are collected in a year. | 27.02x | 38.95x | 33.33x | 32.41x | 28.18x | — |
| Inventory TurnoverHow often inventory is sold in a year. | 2234.30x | 0.00x | -767.85x | 96.23x | 0.00x | — |
| Payables TurnoverHow often payables are paid in a year. | 0.49x | 0.47x | 1.00x | 1.28x | 1.76x | — |
| Asset TurnoverRevenue generated per dollar of assets. | 0.52x | 0.55x | 0.71x | 0.78x | 0.68x | — |
| Working Capital TurnoverRevenue generated per dollar of working capital. | 1.41x | 1.56x | 2.05x | 2.13x | 1.62x | — |
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| P/E RatioPrice paid for each dollar of earnings. | 59.73x | 22.53x | 23.32x | 8.71x | 11.46x | — |
| P/B RatioPrice paid for each dollar of book value. | 6.18x | 6.04x | 7.47x | 3.13x | 2.67x | — |
| P/S RatioPrice paid for each dollar of sales. | 4.94x | 5.45x | 5.65x | 2.49x | 2.57x | — |
| P/FCF RatioPrice paid for each dollar of free cash flow. | 18.20x | 111.17x | 14.96x | 8.10x | 10.48x | — |
| Dividend YieldAnnual dividend divided by current share price. | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |