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PDD (PDD Holdings) Gross-Profit-to-Asset % : 51.00% (As of Dec. 2024)


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What is PDD Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. PDD Holdings's annualized Gross Profit for the quarter that ended in Dec. 2024 was $34,509 Mil. PDD Holdings's average Total Assets over the quarter that ended in Dec. 2024 was $67,667 Mil. Therefore, PDD Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 51.00%.


PDD Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for PDD Holdings's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PDD Holdings Gross-Profit-to-Asset % Chart

PDD Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 35.00 37.04 45.51 52.77 55.80

PDD Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.66 59.40 62.32 53.68 51.00

Competitive Comparison of PDD Holdings's Gross-Profit-to-Asset %

For the Internet Retail subindustry, PDD Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PDD Holdings's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PDD Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where PDD Holdings's Gross-Profit-to-Asset % falls into.


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PDD Holdings Gross-Profit-to-Asset % Calculation

PDD Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=32955.035/( (48749.071+69366.176)/ 2 )
=32955.035/59057.6235
=55.80 %

PDD Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=34508.62/( (65968.608+69366.176)/ 2 )
=34508.62/67667.392
=51.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


PDD Holdings Gross-Profit-to-Asset % Related Terms

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PDD Holdings Business Description

Traded in Other Exchanges
Address
First Floor, 25 St Stephen’s Green, Dublin 2,, Dublin 2, IRL, D02 XF99
PDD Holdings operates commerce businesses in over 80 countries globally. Its main operations are Pinduoduo, a social commerce platform in China, and Temu, a global e-commerce marketplace. PDD also has a community group purchase business in China. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.