PDD Holdings Inc. (PDD) Interest Expenses (2019 - 2023)
PDD Holdings (PDD) posted Interest Expenses of -$1.1 million for Q4 2023, up 31.32% sequentially from -$1.7 million in Q3 2023, and up 35.16% YoY from -$850116.1 in Q4 2022.
PDD Holdings Inc. (PDD) Interest Expenses (2019 - 2023) Analysis & Trends
PDD Holdings (PDD) has 5 years of Interest Expenses data on file, last reported at -$1.1 million in Q4 2023.
- Quarterly Interest Expenses rose 35.16% year-over-year to -$1.1 million in Q4 2023, while the trailing twelve-month figure through Sep 2024 was -$1.1 million (up 83.09% YoY) and the FY2023 annual result came in at $6.2 million, down 17.28% from the prior year.
- Interest Expenses grew to -$1.1 million in Q4 2023 per PDD's latest filing, from -$1.7 million in the prior quarter.
- The five-year high for Interest Expenses was $42.6 million in Q4 2020, with the low at -$51.2 million in Q1 2021.
- Average Interest Expenses over 5 years is -$4.0 million, with a median of -$1.7 million recorded in 2023.
- Year-over-year, Interest Expenses jumped 2736.74% in 2020 and plunged 340.67% in 2021.
- PDD Holdings' Interest Expenses stood at $20.1 million in 2019, then jumped by 112.42% to $42.6 million in 2020, then tumbled by 211.58% to -$47.6 million in 2021, then soared by 96.27% to -$1.8 million in 2022, then jumped by 35.16% to -$1.1 million in 2023.
- Business Quant data shows PDD's Interest Expenses at -$1.1 million in Q4 2023, -$1.7 million in Q3 2023, and -$1.6 million in Q2 2023.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -1.15 Mn |
| Dec 31, 2023 | -1.15 Mn |
| Sep 30, 2023 | -1.67 Mn |
| Sep 30, 2023 | -1.67 Mn |
| Jun 30, 2023 | -1.65 Mn |
| Jun 30, 2023 | -1.65 Mn |
| Mar 31, 2023 | -1.70 Mn |
| Mar 31, 2023 | -1.70 Mn |
| Dec 31, 2022 | -1.77 Mn |
| Dec 31, 2022 | -1.77 Mn |
| Sep 30, 2022 | -1.92 Mn |
| Sep 30, 2022 | -1.92 Mn |
| Jun 30, 2022 | -1.96 Mn |
| Jun 30, 2022 | -1.96 Mn |
| Mar 31, 2022 | -1.99 Mn |
| Mar 31, 2022 | -1.99 Mn |
| Dec 31, 2021 | -47.57 Mn |
| Dec 31, 2021 | -47.57 Mn |
| Sep 30, 2021 | -46.32 Mn |
| Sep 30, 2021 | -46.32 Mn |