Pinduoduo Financials

PDD Stock  USD 113.70  0.27  0.24%   
Based on the analysis of Pinduoduo's profitability, liquidity, and operating efficiency, Pinduoduo is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in May. At present, Pinduoduo's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 45.5 B, whereas Current Deferred Revenue is forecasted to decline to about 917 M. Key indicators impacting Pinduoduo's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.220.17
Significantly Up
Pretty Stable
Current Ratio1.251.67
Way Down
Slightly volatile
The financial analysis of Pinduoduo is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Pinduoduo includes many different criteria found on its balance sheet. For example, investors should never minimize Pinduoduo's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Pinduoduo's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Pinduoduo.

Net Income

38.08 Billion

With this module, you can analyze Pinduoduo financials for your investing period. You should be able to track the changes in Pinduoduo individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Pinduoduo Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Pinduoduo's financial statements are interrelated, with each one affecting the others. For example, an increase in Pinduoduo's assets may result in an increase in income on the income statement.
The data published in Pinduoduo's official financial statements usually reflect Pinduoduo's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Pinduoduo. For example, before you start analyzing numbers published by Pinduoduo accountants, it's critical to develop an understanding of what Pinduoduo's liquidity, profitability, and earnings quality are in the context of the Internet & Direct Marketing Retail space in which it operates.
Please note, the presentation of Pinduoduo's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pinduoduo's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Pinduoduo's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Pinduoduo. Please utilize our Beneish M Score to check the likelihood of Pinduoduo's management manipulating its earnings.

Pinduoduo Stock Summary

Pinduoduo competes with Shoe Carnival, Hibbett Sports, Citi Trends, Zumiez, and Buckle. Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the Peoples Republic of China. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the Peoples Republic of China. Pinduoduo Inc operates under Internet Retail classification in the United States and is traded on NASDAQ Exchange. It employs 9762 people.
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS7223041028
CUSIP722304102
LocationChina
Business Address25 Saint Stephens
SectorInternet & Direct Marketing Retail
IndustryConsumer Discretionary
BenchmarkNYSE Composite
Websitewww.pddholdings.com
Phone86 21 5266 1300
CurrencyUSD - US Dollar
You should never invest in Pinduoduo without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Pinduoduo Stock, because this is throwing your money away. Analyzing the key information contained in Pinduoduo's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Pinduoduo Key Financial Ratios

Generally speaking, Pinduoduo's financial ratios allow both analysts and investors to convert raw data from Pinduoduo's financial statements into concise, actionable information that can be used to evaluate the performance of Pinduoduo over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Pinduoduo reports annually and quarterly.

Pinduoduo Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets76.1B158.9B181.2B237.1B272.7B286.3B
Other Current Liab14.2B25.5B29.6B37.7B43.3B45.5B
Other Liab7.4M2.9M32.3M13.0M15.0M8.7M
Net Tangible Assets22.7B58.9B74.4B117.6B135.3B142.0B
Net Debt881.6M(5.5B)6.3B(17.4B)(15.7B)(14.9B)
Retained Earnings(18.3B)(25.5B)(17.7B)15.2B13.7B14.4B
Accounts Payable29.9B53.8B62.5B63.3B72.8B37.4B
Cash5.8B22.4B6.4B34.3B39.5B41.4B
Other Assets69.5M7.3B16.5B3.6B4.1B4.4B
Long Term Debt5.2B14.4B11.8B1.6B1.8B1.7B
Net Receivables3.4B5.0B4.9B6.9B7.9B8.3B
Inventory27.6B1.7B14.2M(6.9B)(6.2B)(5.9B)
Other Current Assets950.3M5.2B3.4B67.2B77.3B81.1B
Total Liab51.4B98.7B106.1B119.3B137.3B144.1B
Total Current Assets73.0B149.5B160.9B216.6B249.1B261.6B
Short Term Debt1.0B2.1B427.2M14.5B16.7B17.5B
Intangible Assets2.0B1.3B701.2M134.0M154.1M146.4M
Common Stock148K159K161K170K195.5K147.7K
Net Invested Capital30.8B76.5B86.9B133.2B153.2B160.9B

Pinduoduo Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Pinduoduo. It measures of how well Pinduoduo is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Pinduoduo brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Pinduoduo had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Pinduoduo has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory3.3B6.9B5.0B6.1B7.0B4.2B
Investments(27.9B)(38.4B)(35.6B)(3.2B)(2.9B)(3.1B)
Change In Cash2.8B41.5B(8.8B)3.8B4.4B4.2B
Free Cash Flow14.8B28.2B25.5B6.4B7.4B13.2B
Depreciation637.8M800.5M1.8B2.7B3.1B3.3B
Other Non Cash Items9.5M287.9M833.9M(41.4B)(37.2B)(35.4B)
Capital Expenditures27.4M43.0M3.3B635.7M731.1M633.6M
Net Income(7.0B)(7.2B)7.8B31.5B36.3B38.1B
End Period Cash Flow33.3B74.8B66.0B13.4B15.4B14.6B
Change To Netincome2.5B35.4B21.0B6.8B7.8B11.4B

Pinduoduo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Pinduoduo's current stock value. Our valuation model uses many indicators to compare Pinduoduo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pinduoduo competition to find correlations between indicators driving Pinduoduo's intrinsic value. More Info.
Pinduoduo is regarded second in return on equity category among related companies. It is regarded second in return on asset category among related companies reporting about  0.32  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Pinduoduo is roughly  3.14 . At present, Pinduoduo's Return On Equity is projected to increase slightly based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value Pinduoduo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pinduoduo's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pinduoduo's earnings, one of the primary drivers of an investment's value.

Pinduoduo Systematic Risk

Pinduoduo's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pinduoduo volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Pinduoduo correlated with the market. If Beta is less than 0 Pinduoduo generally moves in the opposite direction as compared to the market. If Pinduoduo Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pinduoduo is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pinduoduo is generally in the same direction as the market. If Beta > 1 Pinduoduo moves generally in the same direction as, but more than the movement of the benchmark.

About Pinduoduo Financials

What exactly are Pinduoduo Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Pinduoduo's income statement, its balance sheet, and the statement of cash flows. Potential Pinduoduo investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Pinduoduo investors may use each financial statement separately, they are all related. The changes in Pinduoduo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pinduoduo's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Pinduoduo Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Pinduoduo is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Pinduoduo has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Pinduoduo's financials are consistent with your investment objective using the following steps:
  • Review Pinduoduo's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Pinduoduo's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Pinduoduo's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Pinduoduo's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Pinduoduo Thematic Clasifications

Pinduoduo is part of several thematic ideas from Marketing to ISP. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Pinduoduo Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Pinduoduo's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Pinduoduo growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.1

At present, Pinduoduo's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Pinduoduo April 19, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Pinduoduo help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pinduoduo. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pinduoduo based on widely used predictive technical indicators. In general, we focus on analyzing Pinduoduo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pinduoduo's daily price indicators and compare them against related drivers.
When determining whether Pinduoduo is a strong investment it is important to analyze Pinduoduo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pinduoduo's future performance. For an informed investment choice regarding Pinduoduo Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinduoduo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Pinduoduo Stock refer to our How to Trade Pinduoduo Stock guide.
Note that the Pinduoduo information on this page should be used as a complementary analysis to other Pinduoduo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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Is Pinduoduo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pinduoduo. If investors know Pinduoduo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pinduoduo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.437
Earnings Share
5.69
Revenue Per Share
182.891
Quarterly Revenue Growth
1.232
Return On Assets
0.1254
The market value of Pinduoduo is measured differently than its book value, which is the value of Pinduoduo that is recorded on the company's balance sheet. Investors also form their own opinion of Pinduoduo's value that differs from its market value or its book value, called intrinsic value, which is Pinduoduo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pinduoduo's market value can be influenced by many factors that don't directly affect Pinduoduo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pinduoduo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinduoduo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinduoduo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.