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PDD Holdings Inc.

PDDNasdaqServices-Business Services, NECFiscal year ends December 31
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 29, 2026Score 11/30
$81.68+3.07 (+3.91%)

Close on Nov 2, 2026Market cap $116.26BP/E 8.2Yield –

PDD Balance Sheet: Retained Earnings (RMB million) by Quarter

Balance Sheet: Retained Earnings (RMB million) (M)

PDD Balance Sheet: Retained Earnings (RMB million): 284,163M in Q4 2025, up 51.6% from a year earlier. That is the highest of the 10 quarters on record here.

Latest, Q4 2025
284,163
Period ended Dec 31, 2025
Change on a year earlier
+51.6%
187,421 in Q4 2024
History
10 quarters
Since Q4 2017
Sources
9
Documents cited below

Where the Q4 2025 figure comes from

Source: PDD Holdings Inc. Form 20-F (filed 2026-04-29) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedBalance Sheet: Retained Earnings (RMB million) (M)Year on yearSource
Q4 2025Dec 31, 2025284,163+51.6%PDD Holdings Inc. Form 20-F (filed 2026-04-29) ↗
Q4 2024Dec 31, 2024187,421+149.5%PDD Holdings Inc. Form 20-F (filed 2025-04-28) ↗
Q4 2023Dec 31, 202375,119+394.4%PDD Holdings Inc. Form 20-F (filed 2024-04-25) ↗
Q4 2022Dec 31, 202215,193-185.8%PDD Holdings Inc. Form 20-F (filed 2023-04-26) ↗
Q4 2021Dec 31, 2021-17,707-30.5%PDD Holdings Inc. Form 20-F (filed 2022-04-25) ↗
Q4 2020Dec 31, 2020-25,475+39.2%PDD Holdings Inc. Form 20-F (filed 2021-04-30) ↗
Q3 2020Sep 30, 2020-24,099–PDD Holdings Inc. Form 6-K (filed 2020-11-16) ↗
Q4 2019Dec 31, 2019-18,296+61.5%PDD Holdings Inc. Form 20-F (filed 2020-04-24) ↗
Q4 2018Dec 31, 2018-11,328+999.6%PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗
Q4 2017Dec 31, 2017-1,030–PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗

Cite this data

StockData. (2026). PDD Balance Sheet: Retained Earnings (RMB million) (M), quarterly Q4 2017–Q4 2025 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/retained-earnings-463

See every metric in the PDD KPI table. Data updated Oct 27, 2026.