PDD Holdings (PDD) Interest Expenses (2019 - 2023)
PDD Holdings' (PDD) quarterly Interest Expenses came in at -$1.1 million in Q4 2023, up 35.16% year-on-year from -$850116.1 in Q4 2022, and up 31.32% quarter-over-quarter from -$1.7 million in Q3 2023.
PDD Holdings (PDD) Interest Expenses (2019 - 2023) Analysis & Trends
PDD Holdings has disclosed Interest Expenses across 5 years of filings, most recently posting -$1.1 million for Q4 2023.
- Interest Expenses for Q4 2023 came in at -$1.1 million, up 35.16% year-over-year; the trailing twelve-month figure through Sep 2024 was -$1.1 million (up 83.09% YoY), and the FY2023 annual result was $6.2 million, down 17.28% from the prior year.
- Interest Expenses came in at -$1.1 million for Q4 2023 at PDD Holdings, up from -$1.7 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $42.6 million in Q4 2020 to a low of -$51.2 million in Q1 2021.
- The 5-year median for Interest Expenses is -$1.7 million (2023), against an average of -$4.0 million.
- Across the five-year window, Interest Expenses soared 2736.74% in 2020 and slumped 340.67% in 2021, its largest moves.
- PDD Holdings' Interest Expenses stood at $20.1 million in 2019, then jumped by 112.42% to $42.6 million in 2020, then slumped 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.
- The last three Interest Expenses figures came in at -$1.1 million (Q4 2023), -$1.7 million (Q3 2023), and -$1.6 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 800.00 Mn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 65.00 Mn |
| 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 | 61.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 13.00 Mn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -328,000.00 |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | - |
| 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 |
|---|---|
| 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 |