PDD
Pdd Holdings Inc. Industrials Services-Business Services, NEC Nasdaq-100
$78.61Close
$447.6BMarket cap
$73.30 – $138.1352-week range
Nov 17, 2026Next report
Highlights
Cautions
- Not in an uptrend 0 of 8 trend conditions
- Lagging the market RS 13 · weaker than 87% of stocks over 12 months
- Far from its high 43% below its 52-week high
- Distribution down-day volume 1.5× up-day volume over 50 sessions
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
43%
1wk
down 0.5%
price change
1mo
up 0.9%
price change
12-month return
down 42%
market up 11% ·
its own down 54%
F-score
5 / 9
Mixed
Altman Z″
7.64
Low risk
P/E
32.0×
price / earnings
PEG
—
P/E / EPS growth
P/B
7.6×
price / book
Earnings yield
up 3.1%
EBIT / enterprise value
Cheaper than
40%
of the market · expensive
Revenue growth
up 14%
year on year
EPS growth
—
latest quarter
Sales growth
—
latest quarter
ROE
up 27%
return on equity
Free cash margin
up 25%
$15.3B FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
-1.2×
net cash
Interest cover
—EBIT / interest
Piotroski tests
- profitability slipped from last year
- issued more shares
- gross margin narrowed
- assets working less efficiently
- profitable on its assets
- generating cash from operations
- profits backed by cash
- reduced long-term debt
- short-term liquidity improved
Trade setup
ATR%
2.5%
$1.98 a day · 2×ATR $74.65
RS
13 / 99
vs the universe
Trend
0 / 8
trend template
Relative volume
0.9×
vs 50-day average
Up/down volume
0.65
50 sessions
Implied move
—
no option chain · report Nov 17, 2026
Trend template · 0 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- Shareholders diluted The share count rose 2.2% over the year, from 5.6bn to 5.7bn shares. Each existing share owns a smaller fraction of the company than it did a year ago.
- Gross margin narrowing Gross margin fell from 60.9% to 56.3%. The company is keeping less of each dollar of sales than it did a year ago.
Financials
- Gross 56%
- Net 23%
- Free cash 25%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $9.1B | $14.7B | $18.9B | $34.9B | $54.0B | $61.8B |
| Gross margin | 68% | 66% | 76% | 63% | 61% | 56% |
| Operating income | -$1.4B | $1.1B | $4.4B | $8.3B | $14.9B | $13.3B |
| Net income | -$1.1B | $1.2B | $4.6B | $8.5B | $15.4B | $14.0B |
| Net margin | -12% | 8% | 24% | 24% | 29% | 23% |
| Earnings per share | -$0.23 | $0.21 | $793.67 | $1.45 | $2.60 | $2.36 |
| Free cash flow | $4.3B | $4.5B | $7.0B | $13.3B | $16.7B | $15.3B |
| Free cash margin | 47% | 31% | 37% | 38% | 31% | 25% |
| Cash | $3.4B | $1.0B | $5.0B | $8.4B | $7.9B | $15.6B |
| Shareholders' equity | $9.2B | $11.8B | $17.1B | $26.4B | $42.9B | $59.1B |
| Shares outstanding | — | — | 5.28bn | 5.50bn | 5.57bn | 5.69bn |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Apr 29, 2026 | Annual ↗ | Dec 31, 2025 | 119d |
| Apr 28, 2025 | Annual ↗ | Dec 31, 2024 | 118d |
| Apr 25, 2024 | Annual ↗ | Dec 31, 2023 | 116d |
| Apr 26, 2023 | Annual ↗ | Dec 31, 2022 | 116d |
| Apr 25, 2022 | Annual ↗ | Dec 31, 2021 | 115d |
| Apr 30, 2021 | Annual ↗ | Dec 31, 2020 | 120d |
| Nov 16, 2020 | Interim ↗ | Sep 30, 2020 | 47d |
| Apr 24, 2020 | Annual ↗ | Dec 31, 2019 | 115d |
| Apr 24, 2019 | Annual ↗ | Dec 31, 2018 | 114d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 25, 2026 | Foreign issuer report ↗ |
| Aug 21, 2026 | Foreign issuer report ↗ |
| May 28, 2026 | Foreign issuer report ↗ |
| Mar 26, 2026 | Foreign issuer report ↗ |
| Dec 19, 2025 | Foreign issuer report ↗ |
| Dec 19, 2025 | Foreign issuer report ↗ |
| Nov 19, 2025 | Foreign issuer report ↗ |
| Nov 18, 2025 | Foreign issuer report ↗ |
| Aug 25, 2025 | Foreign issuer report ↗ |
| Jul 23, 2025 | Foreign issuer report ↗ |
| May 27, 2025 | Foreign issuer report ↗ |
| Mar 20, 2025 | Foreign issuer report ↗ |