PDD Holdings (PDD) Debt Ratio (2017 - 2025)
PDD Holdings' (PDD) quarterly Debt Ratio came in at 0.0 in Q3 2025, down 7.88% quarter-over-quarter from 0.0 in Q2 2025.
PDD Holdings (PDD) Debt Ratio (2017 - 2025) Analysis & Trends
PDD Holdings has disclosed Debt Ratio across 9 years of filings, most recently posting 0.0 for Q3 2025.
- Debt Ratio for Q3 2025 came in at 0.0, changed N/A year-over-year; the trailing twelve-month figure through Sep 2025 was 0.0 (changed N/A YoY), and the FY2024 annual result was 0.01, up 464.24% from the prior year.
- Debt Ratio came in at 0.0 for Q3 2025 at PDD Holdings, down from 0.0 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 56898.91 in Q1 2023 to a low of 0.0 in Q2 2024.
- The 5-year median for Debt Ratio is 0.0 (2023), against an average of 4741.58.
- Across the five-year window, Debt Ratio tumbled 100.0% in 2024 and soared 1617030.34% in 2025, its largest moves.
- PDD Holdings' Debt Ratio stood at 0.01 in 2021, then surged by 440.58% to 0.06 in 2022, then plunged by 96.82% to 0.0 in 2023, then surged by 464.24% to 0.01 in 2024, then plunged by 99.92% to 0.0 in 2025.
- The last three Debt Ratio figures came in at 0.0 (Q3 2025), 0.0 (Q2 2025), and 0.0 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 0.13 |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 0.21 |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | - |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | - |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 0.38 |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 0.10 |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 0.04 |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 1.02 |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | - |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.00 |
| Jun 30, 2025 | 0.00 |
| Mar 31, 2025 | 0.00 |
| Dec 31, 2024 | 0.01 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 0.00 |
| Jun 30, 2023 | 0.00 |
| Mar 31, 2023 | 56,898.91 |
| Dec 31, 2022 | 0.06 |
| Dec 31, 2021 | 0.01 |
| Dec 31, 2020 | 0.02 |
| Dec 31, 2019 | 0.02 |
| Jun 30, 2019 | 0.11 |
| Dec 31, 2018 | 0.01 |
| Dec 31, 2017 | 0.01 |