PDD Holdings Inc.

PDD Holdings Inc.

1,477.98
MXN
-9.02
(-0.61%)
159.98EPS
7.91P/E
1.90TMarket Cap
Nov 19Next Earn

Total Valuation

MXN

As of June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A carries a market capitalization of 1.90T, placing it among publicly traded companies globally. Its enterprise value stands at 738.78B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.90T
Enterprise Value738.78B

Important Dates

PDD Holdings Inc. Sponsored ADR Class A's next confirmed earnings release is scheduled for November 19, 2026.

Earnings Date11/19/2026

Share Statistics

As of June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A has 1.42B shares outstanding.

Shares Outstanding1.42B

Valuation Ratios

As of June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A trades at a trailing price-to-earnings ratio of 7.91. The price-to-sales ratio is 1.61, and the price-to-book ratio stands at 1.65.

PE Ratio7.91
PS Ratio1.61
PB Ratio1.65
P/TBV Ratio1.65
P/FCF Ratio6.87
P/OCF Ratio6.51

Enterprise Valuation

As of June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A trades at an EV/EBITDA multiple of 2.91 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.64 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 2.91 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. PDD Holdings Inc. Sponsored ADR Class A trades at an EV/FCF ratio of 2.55, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 738.78B versus a market cap of 1.90T, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.64
EV / EBITDA2.91
EV / EBIT2.91
EV / FCF2.55

Financial Position

As of June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A maintains a current ratio of 2.62, meaning it holds 2.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 1.08, indicating moderate leverage, while an interest coverage ratio of 155.94 demonstrates strong ability to service its debt obligations.

Current Ratio2.62
Quick Ratio2.21
Debt / Equity1.08
Debt / EBITDA0.05
Interest Coverage155.94

Financial Efficiency

MXN

Over the twelve months ended June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A posted a return on equity (ROE) of 22.74, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 19.16 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 14.96, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 22.43, useful for judging operating efficiency across full business cycles. The company generates approximately 46.49M in revenue per employee across its workforce of 24,971.75, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)22.74
Return on Assets (ROA)14.96
Return on Invested Capital (ROIC)19.16
Return on Capital Employed (ROCE)22.43
Revenue Per Employee46.49M
Employee Count24,971.75

Taxes

MXN

Over the twelve months ended June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A recorded 58.30B in income tax expense. That works out to an effective tax rate of 19.75, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 295.25B, leaving 237.11B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax58.30B
Effective Tax Rate19.75

Stock Price Statistics

MXN

As of the close on October 23, 2026, PDD Holdings Inc. Sponsored ADR Class A's stock has declined approximately 39.85% over the past 52 weeks. The 50-day moving average sits at 1,434.70, while the 200-day moving average is 1,627.85.

52-Week Price Change-39.85%
50-Day Moving Average1,434.70
200-Day Moving Average1,627.85

Income Statement

MXN

Over the twelve months ended June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A generated 1.16T in revenue and converted that into 237.11B in net income, yielding earnings per share of 159.98. EBITDA reached 253.79B, while operating income came in at 253.79B.

Revenue1.16T
Gross Profit653.76B
Operating Income253.79B
Pretax Income295.25B
Net Income237.11B
EBITDA253.79B
EBIT253.79B
Earnings Per Share (EPS)159.98

Balance Sheet

MXN

As of June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A holds 1.18T in cash and equivalents against 12.47B in total debt, resulting in a net debt position of -331.99B. Total book value stands at 1.15T, with working capital of 886.03B providing operational flexibility.

Cash & Cash Equivalents1.18T
Total Debt12.47B
Net Debt-331.99B
Equity (Book Value)1.15T
Book Value Per Share810.13
Working Capital886.03B

Cash Flow

MXN

PDD Holdings Inc. Sponsored ADR Class A produced 288.15B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow288.15B
Free Cash Flow288.15B
FCF Per Share205.36

Margins

Over the twelve months ended June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A posted a gross margin of 56.32, reflecting its pricing power and cost economics. The operating margin of 21.86 and net profit margin of 20.43 provide insight into operational efficiency.

Gross Margin56.32
Operating Margin21.86
Pretax Margin25.43
Profit Margin20.43
EBITDA Margin21.86

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 14.55, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 0.71, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to PDD Holdings Inc. Sponsored ADR Class A shareholders.

Shareholder Yield0.71
FCF Yield14.55

Scores

As of June 30, 2026, PDD Holdings Inc. Sponsored ADR Class A has an Altman Z-Score of 4.53, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.53