PDD Holdings Inc.

PDD Holdings Inc.

3.39
USD
+0.03
(+0.89%)
0.39EPS
7.55P/E
103.94BMarket Cap
Nov 19Next Earn

Total Valuation

USD

As of June 30, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A carries a market capitalization of 103.94B, placing it among publicly traded companies globally. Its enterprise value stands at 37.38B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap103.94B
Enterprise Value37.38B

Important Dates

PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR 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. ADR A Cert Deposito Arg Repr 0.04 ADR A has 33.31B shares outstanding.

Shares Outstanding33.31B

Valuation Ratios

As of June 30, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A trades at a trailing price-to-earnings ratio of 7.55. The price-to-sales ratio is 1.54, and the price-to-book ratio stands at 1.57.

PE Ratio7.55
PS Ratio1.54
PB Ratio1.57
P/TBV Ratio1.57
P/FCF Ratio6.56
P/OCF Ratio6.21

Enterprise Valuation

As of June 30, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A trades at an EV/EBITDA multiple of 2.57 - 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 0.56 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 2.57 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A trades at an EV/FCF ratio of 2.26, 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 37.38B versus a market cap of 103.94B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.56
EV / EBITDA2.57
EV / EBIT2.57
EV / FCF2.26

Financial Position

As of June 30, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR 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

USD

Over the twelve months ended June 30, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR 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 2.66M 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 Employee2.66M
Employee Count24,971.75

Taxes

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Over the twelve months ended June 30, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A recorded 3.34B 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 16.90B, leaving 13.57B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax3.34B
Effective Tax Rate19.75

Stock Price Statistics

USD

As of the close on October 22, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A's stock has declined approximately 38.25% over the past 52 weeks. The 50-day moving average sits at 3.42, while the 200-day moving average is 3.99.

52-Week Price Change-38.25%
50-Day Moving Average3.42
200-Day Moving Average3.99

Income Statement

USD

Over the twelve months ended June 30, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A generated 66.44B in revenue and converted that into 13.57B in net income, yielding earnings per share of 0.39. EBITDA reached 14.53B, while operating income came in at 14.53B.

Revenue66.44B
Gross Profit37.42B
Operating Income14.53B
Pretax Income16.90B
Net Income13.57B
EBITDA14.53B
EBIT14.53B
Earnings Per Share (EPS)0.39

Balance Sheet

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As of June 30, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A holds 67.27B in cash and equivalents against 713.97M in total debt, resulting in a net debt position of -19.00B. Total book value stands at 66.00B, with working capital of 50.71B providing operational flexibility.

Cash & Cash Equivalents67.27B
Total Debt713.97M
Net Debt-19.00B
Equity (Book Value)66.00B
Book Value Per Share1.98
Working Capital50.71B

Cash Flow

USD

PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A produced 16.49B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow16.49B
Free Cash Flow16.49B
FCF Per Share0.50

Margins

Over the twelve months ended June 30, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR 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 15.24, 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 0.74, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A shareholders.

Shareholder Yield0.74
FCF Yield15.24

Scores

As of June 30, 2026, PDD Holdings Inc. ADR A Cert Deposito Arg Repr 0.04 ADR A has an Altman Z-Score of 4.44, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.44