PDD Holdings PDD
NASDAQ PDD
$83.20 -0.80 (-0.95%)
As of: Sep 1, 2026 · 2:30 PM EDT

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

Historic Data

Download Data
DateValue
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