PDD Holdings Inc. (PDD) Debt to Equity (2017 - 2025)
PDD Holdings (PDD) posted Debt to Equity of $0.0 for Q4 2025, down 12.28% sequentially from $0.0 in Q3 2025, and down 84.49% YoY from $0.02 in Q4 2024.
PDD Holdings Inc. (PDD) Debt to Equity (2017 - 2025) Analysis & Trends
PDD Holdings (PDD) has 9 years of Debt to Equity data on file, last reported at $0.0 in Q4 2025.
- Quarterly Debt to Equity fell 84.49% year-over-year to $0.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $0.0 (down 84.49% YoY) and the FY2025 annual result came in at $0.0, down 84.91% from the prior year.
- Debt to Equity retreated to $0.0 in Q4 2025 per PDD's latest filing, from $0.0 in the prior quarter.
- The five-year high for Debt to Equity was $0.12 in Q4 2022, with the low at $0.0 in Q4 2025.
- Average Debt to Equity over 5 years is $0.03, with a median of $0.01 recorded in 2023.
- Year-over-year, Debt to Equity slumped 97.06% in 2023 and jumped 389.25% in 2024.
- PDD Holdings' Debt to Equity stood at $0.03 in 2021, then soared by 351.16% to $0.12 in 2022, then tumbled by 97.06% to $0.0 in 2023, then jumped by 389.25% to $0.02 in 2024, then slumped by 84.49% to $0.0 in 2025.
- Business Quant data shows PDD's Debt to Equity at $0.0 in Q4 2025, $0.0 in Q3 2025, and $0.0 in Q2 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.00 |
| Dec 31, 2024 | 0.02 |
| Dec 31, 2023 | 0.00 |
| Dec 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.03 |
| Dec 31, 2020 | 0.06 |
| Dec 31, 2019 | 0.06 |
| Dec 31, 2018 | 0.03 |
| Sep 30, 2018 | 0.03 |
| Dec 31, 2017 | -0.08 |