# PDD Holdings Inc.: Form 20-F for the period ended Dec 31, 2020

- Company: [PDD Holdings Inc.](/companies/pdd.md) (CIK 1737806)
- Form: 20-F
- Filed: 2021-04-30
- Accepted by EDGAR: Apr 30, 2021, 07:48 ET
- Period: 2020-12-31
- Accession: 0001104659-21-058237
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1737806/000110465921058237/pdd-20201231x20f.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1737806/000110465921058237/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2020-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2020-01-01 to 2020-12-31 | $9.12bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2020-01-01 to 2020-12-31 | $2.95bn | us-gaap:CostOfRevenue |
| Gross profit | 12 months, 2020-01-01 to 2020-12-31 | $6.16bn | us-gaap:GrossProfit |
| Research and development | 12 months, 2020-01-01 to 2020-12-31 | $1.06bn | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2020-01-01 to 2020-12-31 | −$1.44bn | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months, 2020-01-01 to 2020-12-31 | $116.1m | us-gaap:InterestExpense |
| Income tax | 12 months, 2020-01-01 to 2020-12-31 | $0 | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2020-01-01 to 2020-12-31 | −$1.10bn | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2020-01-01 to 2020-12-31 | −$0.23 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2020-01-01 to 2020-12-31 | −$0.23 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2020-01-01 to 2020-12-31 | 4,768,343,300 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2020-01-01 to 2020-12-31 | $4.32bn | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2020-01-01 to 2020-12-31 | $6.6m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2020-12-31 | $3.44bn | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2020-12-31 | $22.92bn | us-gaap:AssetsCurrent |
| Total assets | at 2020-12-31 | $24.35bn | us-gaap:Assets |
| Current liabilities | at 2020-12-31 | $12.86bn | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2020-12-31 | $15.13bn | us-gaap:Liabilities |
| Shareholders' equity | at 2020-12-31 | $9.22bn | us-gaap:StockholdersEquity |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1737806/000110465921058237/pdd-20201231x20f.htm

Filed Apr 30, 2021.
Source: SEC EDGAR, the filing index for accession 0001104659-21-058237. Last ingested by Listed: Oct 24, 2026, 15:15 ET. No prices; not investment advice.