PDD Holdings Inc. Balance Sheet

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Balance Sheet	Dec2017	Dec2018	Dec2019	Dec2020	Dec2021	Dec2022	Dec2023	Dec2024
Assets
Current Assets
Cash & Equivalents	0.45B	2.05B	0.82B	3.25B	1.01B	5.11B	8.46B	8.04B
Short-term Investments	1.39B	2.37B	3.91B	7.60B	9.32B	8.63B	22.27B	38.10B
Cash & Current Investments	1.84B	4.42B	4.73B	10.85B	10.33B	13.75B	30.74B	46.14B
Receivables - Net	0.01B	0.04B	0.15B	0.11B	0.11B	0.09B	0.55B	0.51B
Receivables - Other	0.07B	0.15B	0.34B	0.61B	0.66B	0.94B	1.05B	1.05B
Receivables	0.08B	0.18B	0.48B	0.72B	0.77B	1.03B	1.60B	1.57B
Inventory				0.25B	0.00B
Prepaid Assets	0.02B	0.14B	0.13B	0.75B	0.54B	0.34B	0.60B	0.61B
Current Assets	1.94B	5.84B	10.36B	21.68B	25.17B	32.26B	41.71B	57.85B
Non-Current Assets
Property, Plant & Equipment (Net)	0.00B	0.00B	0.01B	0.03B	0.34B	0.16B	0.14B	0.12B
Long-Term Investments	0.08B	0.64B	3.02B	0.63B
Intangibles		0.37B	0.28B	0.19B	0.11B	0.02B	0.00B	0.00B
Goodwill & Intangibles		0.37B	0.28B	0.19B	0.11B	0.02B	0.00B	0.00B
Long-Term Deferred Tax					0.00B	0.16B	0.04B	0.00B
Other Non-Current Assets	0.00B	0.03B	0.07B	1.05B	2.57B	2.51B	6.79B	11.61B
Non-Current Assets	0.03B	0.40B	0.43B	1.36B	3.18B	3.05B	7.55B	12.44B
Assets	1.97B	6.25B	10.79B	23.04B	28.34B	35.32B	49.25B	70.29B
Liabilities
Current Liabilities
Accounts Payables	0.05B	0.32B	0.69B	1.62B	2.20B	3.12B	7.83B	9.62B
Notes Payables			0.13B	0.27B
Payables	0.05B	0.32B	0.82B	1.89B	2.20B	3.12B	7.83B	9.62B
Accumulated Expenses		0.32B	0.15B	0.26B	0.30B	0.35B	0.45B	0.56B
Other Accumulated Expenses			0.01B	0.12B	0.12B	0.25B	0.18B	0.11B
Short term Debt	0.01B	0.07B	0.21B	0.49B	0.31B	2.07B	0.09B	0.74B
Current Leases		0.01B	0.02B	0.04B	0.07B	0.09B	0.23B	0.29B
Current Taxes	0.08B	0.23B	0.15B	0.42B	0.90B	1.04B	2.40B	3.17B
Current Deferred Revenue		0.19B
Total Current Liabilities	1.79B	3.52B	6.49B	12.16B	14.66B	17.41B	21.64B	26.22B
Non-Current Liabilities
Convertible Debt			0.74B	2.09B	1.84B	0.23B	0.74B
Preferred Stock Liabilities	0.33B
Non-Current Deferred Tax Liability					0.00B	0.01B	0.02B	0.03B
Operating Leases		0.03B	0.06B	0.06B	0.09B	0.13B	0.37B	0.74B
Other Non-Current Liabilities			0.00B	0.00B	0.00B
Total Non-Current Liabilities			0.80B	2.15B	1.93B	0.37B	1.12B	0.46B
Total Liabilities	1.79B	3.52B	7.29B	14.32B	16.59B	17.78B	22.76B	26.68B
Shareholder's Equity
Total Debt	0.01B	0.07B	0.21B	0.49B	0.31B	2.07B	0.09B	0.74B
Common Equity	-0.15B	2.72B	3.50B	8.73B	11.75B	17.54B	26.50B	43.60B
Shareholder's Equity	-0.15B	2.72B	3.50B	8.73B	11.75B	17.54B	26.50B	43.60B
Liabilities and Shareholders Equity	1.97B	6.25B	10.79B	23.04B	28.34B	35.32B	49.25B	70.29B
Retained Earnings	-0.15B	-1.64B	-2.60B	-3.69B	-2.77B	2.26B	10.63B	26.08B
Treasury Shares		0.00B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B

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