Pinduoduo (PDD) - Net Assets

Net assets on the balance sheet as of June 2024 : A$53.54 Billion

According to Pinduoduo's latest financial reports the company has A$53.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pinduoduo - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$25.09 B	54.33%
2021-12-31	$A$16.25 B	35.51%
2020-12-31	$A$11.99 B	138.11%
2019-12-31	$A$5.03 B	29.71%
2018-12-31	$A$3.88 B	1537.6%
2017-12-31	$A$0.23 B	233.13%
2016-12-31	$A$71.21 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-A$0.53 Billion	-100.99%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Pinduoduo (PDD) - Net assets

Net assets on the balance sheet as of June 2024 : A$53.54 Billion