Latest period
$739.81M
YoY change
-47.0%
5Y CAGR
-21.6%
Peak year (2020)
$2.60B
Latest annual
$769.70M
Total Debt history chart for PDD Holdings (PDD) from 2016 to 2025
Latest: $769.70M
Total Debt growth chart for PDD Holdings (PDD) from 2016 to 2025
Latest: -47.0%
Total Debt history table for PDD Holdings (PDD) from 2016 to 2025
| 2025 | $769.70M | -47.0% | −$683.57M | ||
| 2024 | $1.45B | +1.5% | +$20.91M | ||
| 2023 | $1.43B | -41.7% | −$1.02B | ||
| 2022 | $2.46B | +22.2% | +$446.41M | ||
| 2021 | $2.01B | -22.7% | −$591.48M | ||
| 2020 | $2.60B | +172.2% | +$1.65B | ||
| 2019 | $955.19M | — | +$955.19M | ||
| 2018 | $0.00 | — | $0.00 | ||
| 2017 | $0.00 | — | $0.00 | ||
| 2016 | $0.00 | — | — |
- 2025$769.70M-47.0%
- 2024$1.45B+1.5%
- 2023$1.43B-41.7%
- 2022$2.46B+22.2%
- 2021$2.01B-22.7%
- 2020$2.60B+172.2%
- 2019$955.19M—
- 2018$0.00—
- 2017$0.00—
- 2016$0.00—
Total Debt values are taken from PDD Holdings's reported balance sheets (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts converted to USD using IAS 21 average exchange rates (P&L / cash flow) or closing rates (balance sheet). Originally filed in CNY.
About Total Debt at PDD Holdings (PDD)
According to PDD Holdings's latest reported financial statements, the company's latest reported total debt is $739.81M. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, PDD Holdings (PDD) total debt totalled 5.38B CNY – plunged 49.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, PDD Holdings total debt compounded at -20.5% per year, with a net decline across the window.
Across the available history, total debt reached its high of 16.97B CNY in 2020 and its low of 0.00 CNY in 2016.
PDD Holdings Total Debt by Year
PDD Holdings Total Debt 2025: $769.70M
In 2025, PDD Holdings reported total debt of 5.38B CNY ($769.70M), plunged 49.3% below 2024.
PDD Holdings Total Debt 2024: $1.45B
PDD Holdings total debt in 2024 was 10.61B CNY ($1.45B), edged up 4.3% from 2023.
PDD Holdings Total Debt 2023: $1.43B
2023's total debt for PDD Holdings came in at 10.17B CNY ($1.43B), plunged 40.0% below 2022.
PDD Holdings Total Debt 2022: $2.46B
PDD Holdings posted total debt of 16.93B CNY ($2.46B) in 2022, surged 32.7% from 2021.
PDD Holdings Total Debt 2021: $2.01B
PDD Holdings total debt in 2021 was 12.76B CNY ($2.01B).
See more financial history for PDD Holdings (PDD).
Sector peers by Total Debt
Consumer Cyclical peers of PDD Holdings (PDD), ranked by their latest total debt
| $152.99B | |
| $65.35B | |
| $54.81B | |
| $44.68B | |
| $37.55B | |
| $19.29B | |
| $13.49B | |
| $8.38B |
- $152.99B
- $65.35B
- $54.81B
- $44.68B
- $37.55B
- $19.29B
- $13.49B
- $8.38B
Frequently asked questions
PDD Holdings (PDD) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation