PDD Holdings Inc. (PDD) Balance sheet

Market cap

P/E ratio

	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12	2025/12
Cash and cash equivalents	4,442	4,790	11,470	10,364	13,382	17,152	17,289	26,130
Total cash & short-term investments	4,442	4,790	11,470	10,364	13,382	17,152	17,289	26,130
Total current assets	5,875	10,486	22,916	25,250	31,407	41,515	56,944	74,213
Property, plant and equipment, net	4	6	31	346	151	138	120	187
Total non-current assets	406	439	1,438	3,186	2,973	7,511	12,246	15,882
Total assets	6,281	10,925	24,354	28,436	34,379	49,026	69,189	90,095
Total current liabilities	3,543	6,574	12,855	14,708	16,947	21,536	25,814	30,564
Total non-current liabilities	-	811	2,276	1,940	357	1,118	452	418
Total liabilities	3,543	7,385	15,131	16,649	17,304	22,653	26,266	30,982
Retained earnings	-1,648	-2,628	-3,904	-2,779	2,203	10,580	25,677	40,635
Stockholders' equity	2,738	3,540	9,222	11,787	17,075	26,372	42,924	59,113