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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 8.3Yield –

PDD Non-GAAP Adjustment: Fair Value Change of Long-term by Quarter

Non-GAAP Adjustment: Fair Value Change of Long-term Investments (legacy FY2020–FY2024Q4 — RMB million) (M)

QuarterlyAnnual

PDD Non-GAAP Adjustment: Fair Value Change of Long-term: 0M in Q4 2024, down 100.0% from a year earlier. No newer figure appears in the documents we track.

Latest, Q4 2024
0
Period ended Dec 31, 2024
Change on a year earlier
-100.0%
3.10 in Q4 2023
History
17 quarters
Since Q4 2020
Sources
17
Documents cited below

Where the Q4 2024 figure comes from

“|| Add: Loss from fair value change of certain investments | 29 | - | - | 25,485 | - | -”

Source: PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗

Quarterly history

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

PeriodEndedNon-GAAP Adjustment: Fair Value Change of Long-term Investments (legacy FY2020–FY2024Q4 — RMB million) (M)Year on yearSource
Q4 2024Dec 31, 20240-100.0%PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗
Q3 2024Sep 30, 20240-100.0%PDD Holdings Inc. Form 6-K (tm2531580d1_ex99-1.htm, filed 2025-11-18) ↗
Q2 2024Jun 30, 20240-100.0%PDD Holdings Inc. Form 6-K (tm2524268d1_ex99-1.htm, filed 2025-08-25) ↗
Q1 2024Mar 31, 202425.4-94.7%PDD Holdings Inc. Form 6-K (tm2516198d1_ex99-1.htm, filed 2025-05-27) ↗
Q4 2023Dec 31, 20233.10-98.0%PDD Holdings Inc. Form 6-K (tm259886d1_ex99-1.htm, filed 2025-03-20) ↗
Q3 2023Sep 30, 20237.90-139.7%PDD Holdings Inc. Form 6-K (tm2429127d1_ex99-1.htm, filed 2024-11-21) ↗
Q2 2023Jun 30, 2023259+1,049.8%PDD Holdings Inc. Form 6-K (tm2422641d1_ex99-1.htm, filed 2024-08-26) ↗
Q1 2023Mar 31, 2023480+632.2%PDD Holdings Inc. Form 6-K (tm2415048d1_ex99-1.htm, filed 2024-05-22) ↗
Q4 2022Dec 31, 2022154+429.3%PDD Holdings Inc. Form 6-K (tm249325d1_ex99-1.htm, filed 2024-03-21) ↗
Q3 2022Sep 30, 2022-19.9-122.0%PDD Holdings Inc. Form 6-K (tm2331648d1_ex99-1.htm, filed 2023-11-28) ↗
Q2 2022Jun 30, 202222.5-90.0%PDD Holdings Inc. Form 6-K (tm2325046d1_ex99-1.htm, filed 2023-08-29) ↗
Q1 2022Mar 31, 202265.6-123.7%PDD Holdings Inc. Form 6-K (tm2317221d1_ex99-1.htm, filed 2023-05-30) ↗
Q4 2021Dec 31, 202129+1,511.1%PDD Holdings Inc. Form 6-K (tm2310024d1_ex99-1.htm, filed 2023-03-22) ↗
Q3 2021Sep 30, 202190.3–PDD Holdings Inc. Form 6-K (tm2231418d1_ex99-1.htm, filed 2022-11-28) ↗
Q2 2021Jun 30, 2021224–PDD Holdings Inc. Form 6-K (tm2224715d1_ex99-1.htm, filed 2022-08-30) ↗
Q1 2021Mar 31, 2021-276–PDD Holdings Inc. Form 6-K (tm2217231d1_ex99-1.htm, filed 2022-05-31) ↗

Cite this data

StockData. (2026). PDD Non-GAAP Adjustment: Fair Value Change of Long-term (M), quarterly Q4 2020–Q4 2024 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-recon-fv-change-adj-rmb-m-289

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