Net Assets for PDD Holdings (PDD)
According to PDD Holdings's latest reported financial statements, the company's latest reported net assets is $415.17B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
PDD
Currently viewingNet AssetsSwitch metric
Latest period
$415.17B
YoY change
+32.5%
5Y CAGR
+47.2%
Peak year (2025)
$415.17B
Latest annual
$415.17B
Net Assets history chart for PDD Holdings (PDD) from 2016 to 2025
Net Assets history table for PDD Holdings (PDD) from 2016 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $415.17B | +32.5% | ||
| 2024 | $313.31B | +67.3% | ||
| 2023 | $187.24B | +59.0% | ||
| 2022 | $117.77B | +56.8% | ||
| 2021 | $75.11B | +24.8% | ||
| 2020 | $60.18B | +144.2% | ||
| 2019 | $24.65B | +30.9% | ||
| 2018 | $18.82B | +1462.1% | ||
| 2017 | $1.20B | +238.0% | ||
| 2016 | $356.45M | — |
Net Assets values are taken from PDD Holdings's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
Analysis
2025's annual net assets for PDD Holdings (PDD) came in at $415.17B – surged 32.5% year-over-year.
PDD Holdings net assets compound annual growth for the 2020–2025 (5 years) window is +47.2%, sustaining 9 straight years of year-over-year growth.
2025 marks the peak net assets at $415.17B, with the historical low of $356.45M recorded in 2016.
Among 8 Consumer Cyclical peers, PDD Holdings (PDD) ranks 2nd; the peer median for net assets is $11.50B.
PDD Holdings Net Assets by Year
PDD Holdings Net Assets 2025: $415.17B
PDD Holdings net assets in 2025 was $415.17B, surged 32.5% from 2024. This figure represents the highest annual value in the available history.
PDD Holdings Net Assets 2024: $313.31B
PDD Holdings net assets in 2024 was $313.31B, surged 67.3% from 2023.
PDD Holdings Net Assets 2023: $187.24B
PDD Holdings net assets in 2023 was $187.24B, surged 59.0% from 2022.
PDD Holdings Net Assets 2022: $117.77B
PDD Holdings net assets in 2022 was $117.77B, surged 56.8% from 2021.
PDD Holdings Net Assets 2021: $75.11B
PDD Holdings net assets in 2021 was $75.11B.
See more financial history for PDD Holdings (PDD).
Sector peers — Net Assets
Companies in the same sector as PDD Holdings, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $1.01T | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $411.06B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $82.14B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $12.81B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $10.19B | Consumer Cyclical |
| McDonald's Corporation (MCD) | -$1.79B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | -$5.58B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | -$9.92B | Consumer Cyclical |
Frequently asked questions
What is PDD Holdings's net assets?
- Latest reported net assets for PDD Holdings (PDD) is $415.17B (period ending December 31, 2025).
How has PDD Holdings net assets changed year-over-year?
- PDD Holdings (PDD) net assets changed +32.5% year-over-year on the latest annual filing.
What is the long-term growth rate of PDD Holdings net assets?
- PDD Holdings (PDD) net assets compound annual growth rate is +47.2% over the most recent 5 years available.
When did PDD Holdings net assets hit its highest annual value?
- PDD Holdings net assets reached its highest annual value of $415.17B in 2025.
What was PDD Holdings net assets in 2024?
- PDD Holdings (PDD) net assets in 2024 was $313.31B.
What was PDD Holdings net assets in 2025?
- PDD Holdings (PDD) net assets in 2025 was $415.17B.
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