Balance Sheet Analysis

PDD Holdings Inc. PDD All values in millions of CNY

Total Assets

¥505,034.3

Total Liabilities

¥191,721.2

Total Equity

¥313,313.1

Balance Sheet Overview

Total Assets

¥505,034.3

Current Assets: ¥415,648.2
Non-Current Assets: ¥89,386.1

Total Liabilities

¥191,721.2

Current Liabilities: ¥188,422.8
Non-Current Liabilities: ¥3,298.3

Total Equity

¥313,313.1

Stockholders' Equity: ¥313,313.1
Retained Earnings: ¥187,421.4

Balance Sheet Composition (Sankey)

All values in millions USD

Balance Sheet Analysis

Balance Sheet Breakdown - 2024

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All values in millions
Amount % of Total
Assets
Current Assets ¥415,648.2
82.3%
Cash & Equivalents ¥57,768.0
11.4%
Short-term Investments ¥273,791.9
54.2%
Accounts Receivable ¥3,679.3
0.7%
Inventory -
%
Other Current Assets ¥71,935.8
14.2%
Non-Current Assets ¥89,386.1
17.7%
Net PPE ¥5,943.7
1.2%
Investments & Advances -
%
Goodwill -
%
Other Non-Current Assets ¥83,407.2
16.5%
Total Assets ¥505,034.3 100.0%
Liabilities
Current Liabilities ¥188,422.8
37.3%
Accounts Payable ¥119,936.3
23.7%
Short-Term Debt ¥7,415.6
1.5%
Other Current Liabilities ¥19,419.5
3.8%
Non-Current Liabilities ¥3,298.3
0.7%
Long-Term Debt ¥3,191.6
0.6%
Other Non-Current Liabilities -
%
Total Liabilities ¥191,721.2 38.0%
Equity
Stockholders' Equity ¥313,313.1
62.0%
Retained Earnings ¥187,421.4
37.1%
Additional Paid-in Capital ¥117,829.3
23.3%
Total Equity ¥313,313.1 62.0%

Metric Details

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Detailed Balance Sheet

Item FY2024 FY2023 FY2022 FY2021 FY2020
Assets
Current Assets
Cash & Cash Equivalents ¥57,768.0 ¥59,794.5 ¥34,326.2 ¥6,426.7 -
Inventory - - - ¥14.2 ¥1,718.4
Accounts Receivable ¥3,679.3 ¥3,914.1 ¥587.7 ¥673.7 -
Total Current Assets ¥415,648.2 ¥294,750.5 ¥216,617.9 ¥160,909.2 ¥1,718.4
Non-Current Assets
Net PPE ¥5,943.7 ¥5,084.5 ¥2,460.9 ¥3,141.9 -
Goodwill - - - - -
Other Intangible Assets - ¥21.2 ¥134.0 ¥701.2 ¥1,276.8
Total Non-Current Assets ¥89,386.1 ¥53,327.6 ¥20,502.1 ¥20,300.6 -
Total Assets ¥505,034.3 ¥348,078.1 ¥237,120.0 ¥181,209.7 -
Liabilities
Current Liabilities
Accounts Payable ¥119,936.3 ¥91,902.7 ¥67,295.5 ¥64,461.4 -
Current Debt ¥7,415.6 ¥2,290.1 ¥14,487.8 ¥427.2 -
Total Current Liabilities ¥188,422.8 ¥152,900.9 ¥116,889.5 ¥93,729.7 -
Non-Current Liabilities
Long Term Debt ¥3,191.6 ¥7,875.8 ¥2,446.5 ¥12,333.2 -
Total Non-Current Liabilities ¥3,298.3 ¥7,935.6 ¥2,459.6 ¥12,365.5 -
Total Liabilities ¥191,721.2 ¥160,836.5 ¥119,349.0 ¥106,095.2 -
Stockholders' Equity
Common Stock ¥0.2 ¥0.2 ¥0.2 ¥0.2 -
Retained Earnings ¥187,421.4 ¥75,118.6 ¥15,193.0 ¥-17,706.5 -
Treasury Stock - - - - -
Total Stockholders' Equity ¥313,313.1 ¥187,241.6 ¥117,770.9 ¥75,114.6 -

Key Balance Sheet Ratios

Liquidity Ratios

Current Ratio

2.21

Quick Ratio

Solvency Ratios

Debt to Equity

0.61

Debt to Assets

0.38

Asset Management

Asset Turnover

N/A

Equity Multiplier

1.61