Growth Metrics

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

PDD Holdings recorded quarterly Equity Ratio of 0.66 in Q4 2025, up 102780.48% quarter-over-quarter from 0.0 in Q3 2025, and up 5.76% year-over-year from 0.62 in Q4 2024.

PDD Holdings' Equity Ratio history runs 9 years deep, the most recent figure standing at 0.66 for Q4 2025.

  • In Q4 2025, Equity Ratio rose 5.76% year-over-year to 0.66; the TTM figure through Dec 2025 stood at 0.66 (up 5.76% YoY), while the FY2025 annual figure was 0.66, up 5.76% from the prior year.
  • Equity Ratio came in at 0.66 for Q4 2025 at PDD Holdings, up from 0.0 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 524954.71 in Q1 2023 to a low of 0.0 in Q1 2021.
  • A 5-year average of 67497.9 and a median of 0.0 in 2025 frame the typical range for Equity Ratio.
  • Across the five-year window, Equity Ratio surged 115546245494.64% in 2023 and sank 100.0% in 2024, its largest moves.
  • PDD Holdings' Equity Ratio stood at 0.41 in 2021, then gained by 19.82% to 0.5 in 2022, then rose by 8.31% to 0.54 in 2023, then climbed by 15.33% to 0.62 in 2024, then grew by 5.76% to 0.66 in 2025.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.66, 0.0, and 0.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Historic Data

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DateValue
Dec 31, 2025 0.66
Sep 30, 2025 0.00
Jun 30, 2025 0.00
Mar 31, 2025 0.00
Dec 31, 2024 0.62
Sep 30, 2024 0.00
Jun 30, 2024 0.00
Mar 31, 2024 0.00
Dec 31, 2023 0.54
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 524,954.71
Dec 31, 2022 0.50
Sep 30, 2022 0.00
Jun 30, 2022 0.00
Mar 31, 2022 0.00
Dec 31, 2021 0.41
Sep 30, 2021 410,618.50
Jun 30, 2021 414,382.03
Mar 31, 2021 0.00
Dec 31, 2020 0.38
Sep 30, 2020 0.29
Jun 30, 2020 0.32
Mar 31, 2020 0.28
Dec 31, 2019 0.32
Sep 30, 2019 0.40
Jun 30, 2019 0.91
Mar 31, 2019 0.50
Dec 31, 2018 0.44
Dec 31, 2017 -0.07