PDD Holdings Inc. (PDD) Equity Ratio (2017 - 2025)

PDD Holdings (PDD) posted Equity Ratio of 0.66 for Q4 2025, up 102780.48% sequentially from 0.0 in Q3 2025, and up 5.76% YoY from 0.62 in Q4 2024.

PDD Holdings Inc. (PDD) Equity Ratio (2017 - 2025) Analysis & Trends

PDD Holdings (PDD) has 9 years of Equity Ratio data on file, last reported at 0.66 in Q4 2025.

  • Quarterly Equity Ratio rose 5.76% year-over-year to 0.66 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.66 (up 5.76% YoY) and the FY2025 annual result came in at 0.66, up 5.76% from the prior year.
  • Equity Ratio climbed to 0.66 in Q4 2025 per PDD's latest filing, from 0.0 in the prior quarter.
  • The five-year high for Equity Ratio was 524954.71 in Q1 2023, with the low at 0.0 in Q1 2021.
  • Average Equity Ratio over 5 years is 67497.9, with a median of 0.0 recorded in 2025.
  • Year-over-year, Equity Ratio surged 115546245494.64% in 2023 and plunged 100.0% in 2024.
  • PDD Holdings' Equity Ratio stood at 0.41 in 2021, then climbed by 19.82% to 0.5 in 2022, then advanced by 8.31% to 0.54 in 2023, then increased by 15.33% to 0.62 in 2024, then rose by 5.76% to 0.66 in 2025.
  • Business Quant data shows PDD's Equity Ratio at 0.66 in Q4 2025, 0.0 in Q3 2025, and 0.0 in Q2 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 0.66
Dec 31, 2024 0.62
Dec 31, 2023 0.54
Dec 31, 2022 0.50
Dec 31, 2021 0.41
Dec 31, 2020 0.38
Dec 31, 2019 0.32
Dec 31, 2018 0.44
Sep 30, 2018 0.56
Dec 31, 2017 -0.07