XNAS
Estados financieros de PDD Holdings Inc.
PDD Holdings Inc. · PDD
$81.24
▼ -0.07 (-0.09%)
Última operación · 10/10/2026, 17:19:21 UTC
Cuenta de resultados anual
Millones de CNY
| Partida | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Ingresos | 431,846 | 393,836 | 247,639 | 130,558 | 93,950 |
| Costo de ventas | 188,802 | 153,900 | 91,724 | 31,462 | 31,718 |
| Beneficio bruto | 243,044 | 239,936 | 155,916 | 99,095 | 62,232 |
| Margen bruto | 56.3% | 60.9% | 63.0% | 75.9% | 66.2% |
| Investigación y desarrollo | 16,496 | 12,659 | 10,952 | 10,385 | 8,993 |
| Gastos generales y de venta | 133,446 | 118,854 | 86,264 | 58,309 | 46,342 |
| Beneficio operativo | 93,102 | 108,423 | 58,699 | 30,402 | 6,897 |
| Margen operativo | 21.6% | 27.5% | 23.7% | 23.3% | 7.3% |
| EBITDA | 122,447 | 135,342 | 73,809 | 39,050 | 12,778 |
| Gastos por intereses | 0 | 0 | 44 | 52 | 1,231 |
| Beneficio antes de impuestos | 119,575 | 132,701 | 71,876 | 36,264 | 9,702 |
| Impuestos | 21,733 | 20,267 | 11,850 | 4,726 | 1,934 |
| Beneficio neto | 97,843 | 112,435 | 60,027 | 31,538 | 7,769 |
| Margen neto | 22.7% | 28.5% | 24.2% | 24.2% | 8.3% |
| BPA diluido | 65.24 | 76.00 | 41.12 | 21.92 | 5.44 |
| Acciones (diluidas) | 1,482 | 1,479 | 1,460 | 1,440 | 1,428 |
Cuenta de resultados trimestral
Millones de CNY
| Partida | T2 2026 | T1 2026 | T4 2025 | T3 2025 | T2 2025 | T1 2025 | T4 2024 | T3 2024 |
|---|---|---|---|---|---|---|---|---|
| Ingresos | 112,358 | 106,229 | 123,912 | 108,277 | 103,985 | 95,672 | 110,610 | 99,354 |
| Costo de ventas | 48,017 | 46,893 | 55,156 | 46,840 | 45,859 | 40,947 | 47,798 | 39,709 |
| Beneficio bruto | 64,341 | 59,336 | 68,757 | 61,436 | 58,126 | 54,725 | 62,812 | 59,645 |
| Margen bruto | 57.3% | 55.9% | 55.5% | 56.7% | 55.9% | 57.2% | 56.8% | 60.0% |
| Investigación y desarrollo | 4,567 | 4,418 | 4,995 | 4,332 | 3,591 | 3,578 | 3,777 | 3,063 |
| Gastos generales y de venta | 32,010 | 35,352 | 37,564 | 32,078 | 28,742 | 35,062 | 33,442 | 32,289 |
| Beneficio operativo | 27,764 | 19,566 | 26,198 | 25,026 | 25,793 | 16,086 | 25,592 | 24,292 |
| Margen operativo | 24.7% | 18.4% | 21.1% | 23.1% | 24.8% | 16.8% | 23.1% | 24.5% |
| EBITDA | 33,312 | 17,390 | 52,542 | 33,315 | 35,712 | 19,400 | 32,707 | 29,379 |
| Gastos por intereses | 0 | 632 | 0 | 0 | 0 | 0 | 0 | 0 |
| Beneficio antes de impuestos | 33,312 | 16,758 | 31,465 | 33,315 | 35,535 | 19,223 | 32,529 | 29,182 |
| Impuestos | 6,092 | 4,115 | 8,446 | 3,987 | 4,782 | 4,481 | 5,083 | 4,202 |
| Beneficio neto | 27,182 | 12,547 | 23,019 | 29,328 | 30,753 | 14,742 | 27,447 | 24,981 |
| Margen neto | 24.2% | 11.8% | 18.6% | 27.1% | 29.6% | 15.4% | 24.8% | 25.1% |
| BPA diluido | 18.40 | 8.40 | 16.52 | 19.72 | 20.76 | 9.96 | 18.52 | 16.92 |
| Acciones (diluidas) | 1,474 | 1,480 | 1,487 | 1,488 | 1,482 | 1,483 | 1,481 | 1,477 |
Balance
Millones de CNY
| Partida | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Efectivo e inversiones a corto plazo | 496,455 | 331,560 | 217,210 | 149,439 | 92,943 |
| Cuentas por cobrar | 15,324 | 12,153 | 7,430 | 3,352 | 3,477 |
| Inventarios | 0 | 1,599 | (119) | 0 | 14 |
| Activo corriente | 519,310 | 415,648 | 294,750 | 216,618 | 160,909 |
| Propiedad, planta y equipo | 6,173 | 5,944 | 5,084 | 2,461 | 3,142 |
| Fondo de comercio e intangibles | 15 | 19 | 21 | 134 | 701 |
| Activo total | 630,446 | 505,034 | 348,078 | 237,120 | 181,210 |
| Pasivo corriente | 212,350 | 188,423 | 152,901 | 116,889 | 93,730 |
| Deuda total | 5,382 | 10,607 | 10,166 | 16,934 | 12,760 |
| Pasivo total | 215,274 | 191,721 | 160,837 | 119,349 | 106,095 |
| Patrimonio neto | 415,171 | 313,313 | 187,242 | 117,771 | 75,115 |
| Deuda neta | (491,073) | (320,953) | (207,044) | (132,504) | (80,183) |
Flujo de caja
Millones de CNY
| Partida | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Flujo de caja operativo | 106,939 | 121,929 | 94,163 | 7,033 | 28,783 |
| Inversión en activos fijos | (1,145) | (967) | (584) | (636) | (3,287) |
| Flujo de caja libre | 105,794 | 120,962 | 93,579 | 6,397 | 25,496 |
| Dividendos pagados | 0 | 0 | 0 | 0 | 0 |
| Recompra de acciones | 0 | 0 | 0 | 0 | 0 |
| Flujo de inversión | (43,423) | (118,356) | (55,431) | (3,242) | (35,562) |
| Flujo de financiación | (5,227) | 1 | (8,961) | 10 | (1,875) |
| Variación de caja | 56,537 | 4,415 | 29,479 | 3,807 | (8,800) |
Ejercicios fiscales de la empresa, que no siempre coinciden con el año natural. Las cifras negativas van entre paréntesis. BPA en unidades de la moneda de reporte.
Fuentes: Financial Modeling Prep, a partir de los informes de la empresa. Esta página tiene fines informativos y no constituye asesoría financiera.