# PDD Holdings Inc.: Form 20-F for the period ended Dec 31, 2023

- Company: [PDD Holdings Inc.](/companies/pdd.md) (CIK 1737806)
- Form: 20-F
- Filed: 2024-04-25
- Accepted by EDGAR: Apr 25, 2024, 07:30 ET
- Period: 2023-12-31
- Accession: 0001104659-24-051610
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231x20f.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2023-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2023-01-01 to 2023-12-31 | $34.88bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2023-01-01 to 2023-12-31 | $12.92bn | us-gaap:CostOfRevenue |
| Research and development | 12 months, 2023-01-01 to 2023-12-31 | $1.54bn | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2023-01-01 to 2023-12-31 | $8.27bn | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months, 2023-01-01 to 2023-12-31 | $6.2m | us-gaap:InterestExpense |
| Income tax | 12 months, 2023-01-01 to 2023-12-31 | $1.67bn | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2023-01-01 to 2023-12-31 | $8.45bn | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2023-01-01 to 2023-12-31 | $1.45 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2023-01-01 to 2023-12-31 | $1.56 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2023-01-01 to 2023-12-31 | 5,839,629,562 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2023-01-01 to 2023-12-31 | $13.26bn | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Cash and equivalents | at 2023-12-31 | $8.42bn | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2023-12-31 | $41.51bn | us-gaap:AssetsCurrent |
| Total assets | at 2023-12-31 | $49.03bn | us-gaap:Assets |
| Current liabilities | at 2023-12-31 | $21.54bn | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2023-12-31 | $22.65bn | us-gaap:Liabilities |
| Shareholders' equity | at 2023-12-31 | $26.37bn | 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/1737806/000110465924051610/pdd-20231231x20f.htm

Filed Apr 25, 2024.
Source: SEC EDGAR, the filing index for accession 0001104659-24-051610. Last ingested by Listed: Oct 24, 2026, 15:15 ET. No prices; not investment advice.