Pinduoduo (PDD) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$70.24 Billion

According to Pinduoduo's latest financial reports the company has NZ$70.24 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	$NZ$26.89 B	55.84%
2021-12-31	$NZ$17.25 B	34.97%
2020-12-31	$NZ$12.78 B	144.08%
2019-12-31	$NZ$5.23 B	28.39%
2018-12-31	$NZ$4.08 B	1464.57%
2017-12-31	$NZ$0.26 B	251.91%
2016-12-31	$NZ$74.1 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-NZ$0.62 Billion	-100.87%	🇺🇸 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 September 2024 : NZ$70.24 Billion