Total Liabilities for PDD Holdings (PDD)
According to PDD Holdings's latest reported financial statements, the company's latest reported total liabilities is $215.27B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

PDD
Currently viewingTotal LiabilitiesSwitch metric
Latest period
$215.27B
YoY change
+12.3%
5Y CAGR
+16.9%
Peak year (2025)
$215.27B
Latest annual
$215.27B
Total Liabilities history chart for PDD Holdings (PDD) from 2016 to 2025
Total Liabilities history table for PDD Holdings (PDD) from 2016 to 2025
| Fiscal year | Period ended | Reported | Total Liabilities | YoY |
|---|---|---|---|---|
| 2025 | $215.27B | +12.3% | ||
| 2024 | $191.72B | +19.2% | ||
| 2023 | $160.84B | +34.8% | ||
| 2022 | $119.35B | +12.5% | ||
| 2021 | $106.10B | +7.5% | ||
| 2020 | $98.73B | +92.0% | ||
| 2019 | $51.41B | +111.0% | ||
| 2018 | $24.36B | +101.2% | ||
| 2017 | $12.11B | +756.2% | ||
| 2016 | $1.41B | — |
Total Liabilities 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
The 2025 reading of PDD Holdings (PDD) total liabilities is $215.27B – grew 12.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, PDD Holdings total liabilities compounded at +16.9% per year, with the latest reading among the more recent periods of the dataset.
$215.27B stands as the all-time-high annual total liabilities, posted in 2025, against a low of $1.41B during 2016.
PDD Holdings (PDD) sits 3rd of 8 Consumer Cyclical peers we track on this metric, against a peer median of $62.68B.
PDD Holdings Total Liabilities by Year
PDD Holdings Total Liabilities 2025: $215.27B
PDD Holdings total liabilities in 2025 was $215.27B, grew 12.3% from 2024. This figure represents the highest annual value in the available history.
PDD Holdings Total Liabilities 2024: $191.72B
PDD Holdings total liabilities in 2024 was $191.72B, grew 19.2% from 2023.
PDD Holdings Total Liabilities 2023: $160.84B
PDD Holdings total liabilities in 2023 was $160.84B, surged 34.8% from 2022.
PDD Holdings Total Liabilities 2022: $119.35B
PDD Holdings total liabilities in 2022 was $119.35B, grew 12.5% from 2021.
PDD Holdings Total Liabilities 2021: $106.10B
PDD Holdings total liabilities in 2021 was $106.10B.
See more financial history for PDD Holdings (PDD).
Sector peers — Total Liabilities
Companies in the same sector as PDD Holdings, ranked by their latest total liabilities.
| Company | Total Liabilities | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $715.21B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $406.98B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $92.28B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $64.06B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $61.30B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $54.94B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $34.84B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $25.58B | Consumer Cyclical |
Frequently asked questions
What is PDD Holdings's total liabilities?
- Latest reported total liabilities for PDD Holdings (PDD) is $215.27B (period ending December 31, 2025).
How has PDD Holdings total liabilities changed year-over-year?
- PDD Holdings (PDD) total liabilities changed +12.3% year-over-year on the latest annual filing.
What is the long-term growth rate of PDD Holdings total liabilities?
- PDD Holdings (PDD) total liabilities compound annual growth rate is +16.9% over the most recent 5 years available.
When did PDD Holdings total liabilities hit its highest annual value?
- PDD Holdings total liabilities reached its highest annual value of $215.27B in 2025.
What was PDD Holdings total liabilities in 2024?
- PDD Holdings (PDD) total liabilities in 2024 was $191.72B.
What was PDD Holdings total liabilities in 2025?
- PDD Holdings (PDD) total liabilities in 2025 was $215.27B.
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