PDD

Pinduoduo
D

PDD

Arincen88/100B

Pinduoduo balance sheet 2016–2026

Pinduoduo had 456.41B CNY in cash and short-term investments on 30 June 2026, against total debt of 4.84B CNY: net cash of 451.57B CNY.

Total assets Total liabilities Shareholders' equity

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Fiscal year
Latest
Q2 FY2026
FY2025
31 Dec 2025
FY2024
31 Dec 2024
FY2023
31 Dec 2023
FY2022
31 Dec 2022
FY2021
31 Dec 2021
FY2020
31 Dec 2020
FY2019
31 Dec 2019
FY2018
31 Dec 2018
FY2017
31 Dec 2017
FY2016
31 Dec 2016
Cash and equivalents
128.92B182.85B57.77B59.79B34.33B6.43B22.42B5.77B14.16B3.06B1.32B
Short-term investments
327.50B313.61B273.79B157.42B115.11B86.52B64.55B35.29B7.63B50.00M290.00M
456.41B496.46B331.56B217.21B149.44B92.94B86.97B41.06B21.79B3.11B1.61B
Cash growth
+17.90%+49.73%+52.65%+45.35%+60.78%+6.87%+111.83%+88.41%+601.09%+93.07%—
Receivables
6.08B15.32B12.15B7.43B3.35B3.48B3.91B2.96B1.27B530.84M10.28M
Inventory
100.00M0.001.60B-119.46M0.0014.20M1.72B0.000.000.000.00
Other current assets
85.61B7.53B68.43B68.78B62.86B64.47B56.93B28.99B17.33B9.50B133.38M
Total current assets
556.78B519.31B415.65B294.75B216.62B160.91B149.52B73.00B40.39B13.14B1.75B
Property, plant and equipment
9.07B6.17B5.94B5.08B2.46B3.14B832.68M558.46M29.08M9.28M2.25M
Long-term investments
0.000.000.000.000.000.000.000.000.005.00M15.00M
Goodwill and intangibles
14.00M15.40M19.17M21.15M134.00M701.22M1.28B1.99B2.58B——
Intangible assets
14.00M15.40M19.17M21.15M134.00M701.22M1.28B1.99B2.58B——
Other non-current assets
96.38B104.77B83.41B47.95B16.86B16.43B7.28B503.12M182.67M162.36M0.00
Total assets
663.41B630.45B505.03B348.08B237.12B181.21B158.91B76.06B43.18B13.31B1.77B
Accounts payable
0.00107.48B119.94B91.90B67.30B64.46B54.97B30.23B17.28B9.84B1.13B
Deferred revenue
3.64B3.38B2.95B2.14B1.39B1.17B2.42B605.97M191.48M56.45M2.15M
Short-term debt
0.002.50B5.31B648.57M13.89B0.001.87B898.75M0.000.000.00
Other current liabilities
19.81B98.99B19.42B41.84B26.19B21.99B16.43B7.89B4.69B1.86B254.28M
Total current liabilities
212.71B212.35B188.42B152.90B116.89B93.73B83.88B45.77B24.36B12.11B1.41B
Long-term debt
0.000.000.005.23B1.58B11.79B14.43B5.21B0.000.000.00
Other non-current liabilities
517.00M0.000.000.000.00996.00K2.92M7.39M0.000.000.00
Lease obligations, current
2.46B0.002.11B1.64B602.04M427.16M253.04M115.73M0.000.000.00
Lease obligations, long-term
2.39B2.88B3.19B2.64B870.78M544.26M414.94M428.59M0.000.000.00
Total liabilities
215.62B215.27B191.72B160.84B119.35B106.10B98.73B51.41B24.36B12.11B1.41B
Common stock and paid-in capital
0.00182.12K180.00K177.00K170.00K161.00K159.00K148.00K142.00K54.00K56.00K
Retained earnings
323.89B285.87B187.66B75.12B15.19B-17.71B-25.48B-18.30B-11.33B-1.03B-472.45M
Accumulated other comprehensive income
-6.04B3.46B7.82B4.83B3.33B-2.52B-1.05B1.45B1.04B-23.10M24.58M
Shareholders' equity
447.79B415.17B313.31B187.24B117.77B75.11B60.18B24.65B18.82B1.20B356.46M
Minority interest
0.000.000.000.000.000.000.000.000.000.000.00
4.84B5.38B10.61B10.17B16.93B12.76B16.97B6.65B0.000.000.00
Net cash
451.57B491.07B320.95B207.04B132.50B80.18B70.01B34.41B21.79B3.11B1.61B
Working capital
344.07B306.96B227.23B141.85B99.73B67.18B65.64B27.23B16.03B1.03B339.21M
Book value per share
303.89280.07211.82128.2681.7752.5950.4821.3125.361.400.41
Tangible book value
447.77B415.16B313.29B187.22B117.64B74.41B58.90B22.65B16.24B1.20B356.46M
Tangible book value per share
303.88280.06211.81128.2481.6752.0949.4119.5821.891.400.41
Current ratio
2.622.452.211.931.851.721.781.601.661.081.24
Debt to equity
0.010.010.030.050.140.170.280.270.000.000.00

Figures in CNY at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.

Common questions about Pinduoduo's cash and debt

Source: Financial Modeling Prep