Pinduoduo (PDD) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$271.78 Billion

According to Pinduoduo's latest financial reports the company has HK$271.78 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	$HK$133.41 B	45.15%
2021-12-31	$HK$91.91 B	28.51%
2020-12-31	$HK$71.52 B	160.3%
2019-12-31	$HK$27.47 B	28.2%
2018-12-31	$HK$21.43 B	1381.1%
2017-12-31	$HK$1.44 B	263.52%
2016-12-31	$HK$0.39 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-HK$2.61 Billion	-100.96%	🇺🇸 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 : HK$271.78 Billion