PDD Holdings (PDD) Convertible Debt (2016 - 2023)
PDD Holdings (PDD) posted Convertible Debt of $737.6 million for Q3 2024, up 1.82% sequentially from $724.4 million in Q2 2024, and up 231.41% YoY from $222.6 million in Q4 2023.
Analysis
PDD Holdings (PDD) Convertible Debt (2016 - 2023) Analysis & Trends
PDD Holdings has reported Convertible Debt for 6 years, with the latest figure at $737.6 million in Q3 2024.
- Quarterly Convertible Debt rose 231.41% year-over-year to $737.6 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $737.6 million (up 231.41% YoY) and the FY2023 annual result came in at $736.8 million, up 222.52% from the prior year.
- Convertible Debt grew to $737.6 million in Q3 2024 per PDD's latest filing, from $724.4 million in the prior quarter.
- Over five years, Convertible Debt peaked at $2.2 billion in Q2 2022 and troughed at $221.6 million in Q4 2022.
- A 5-year average of $1.2 billion and a median of $788.7 million in 2020 frame the typical range for Convertible Debt.
- The sharpest annual moves came in 2023 and 2024: Convertible Debt slumped 89.95% in 2023, then soared 231.41% in 2024.
- Over 5 years, Convertible Debt stood at $2.2 billion in 2020, then slipped by 15.33% to $1.8 billion in 2021, then sank by 87.98% to $221.6 million in 2022, then jumped by 227.95% to $726.6 million in 2023, then grew by 1.51% to $737.6 million in 2024.
- According to Business Quant data, Convertible Debt over the past three periods registered $737.6 million, $724.4 million, and $725.8 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,746.20 Bn | 2,623.21 Bn | 198.88 Bn |
| 2 | PDD Holdings | 116.28 Bn | -48,010.13 Bn | 9.45 Bn |
| 3 | DoorDash | 98.95 Bn | 93.61 Bn | 2.35 Bn |
| 4 | Mercadolibre | 98.90 Bn | 83.71 Bn | 4.16 Bn |
| 5 | Sea | 67.51 Bn | 59.11 Bn | 3.55 Bn |
| 6 | Ebay | 46.90 Bn | 43.59 Bn | 2.30 Bn |
| 7 | JD.com | 39.64 Bn | 7.09 Bn | 16.50 Bn |
| 8 | Coupang | 28.35 Bn | 22.24 Bn | 2.49 Bn |
| 9 | Wayfair | 12.44 Bn | 11.30 Bn | 1.05 Bn |
| 10 | Maplebear | 11.73 Bn | 10.88 Bn | 751.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 726.59 Mn |
| Dec 31, 2022 | 221.56 Mn |
| Dec 31, 2021 | 1.84 Bn |
| Dec 31, 2020 | 2.18 Bn |
| Sep 30, 2020 | 810.78 Mn |
| Dec 31, 2019 | 738.73 Mn |
| Dec 31, 2018 | -555,666.87 |
| Jun 30, 2018 | -594,719.18 |
| Dec 31, 2017 | -2.32 Mn |
| Dec 31, 2016 | -1.03 Mn |