PDD Holdings (Pinduoduo) (PDD)

Net assets on the balance sheet as of September 2024 : £29.94 Billion

According to PDD Holdings (Pinduoduo)'s latest financial reports the company has £29.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$£20.79 B	47.31%
2022-12-31	$£14.11 B	61.63%
2021-12-31	$£8.73 B	29.02%
2020-12-31	$£6.76 B	151.57%
2019-12-31	$£2.69 B	24.79%
2018-12-31	$£2.15 B	1473.34%
2017-12-31	$£0.13 B	229.41%
2016-12-31	$£41.6 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-£0.31 Billion	-101.03%	🇺🇸 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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PDD Holdings (Pinduoduo) (PDD) - Net assets

Net assets on the balance sheet as of September 2024 : £29.94 Billion