Total liabilities · 2018–2025

PDD Holdings total liabilities

$31.0B+18.0% · FY2025

PDD Holdings (PDD) reported $31.0B in total liabilities for fiscal 2025, +18.0% year on year.

$3.5B2018$7.4B2019$15.1B2020$16.6B2021$17.3B2022$22.7B2023$26.3B2024$31.0B2025
PDD Holdings — Total liabilities, 2018–2025
Fiscal yearTotal liabilitiesChangeFiling
FY20252025-12-31$31.0B+18.0%Open →
FY20242024-12-31$26.3B+15.9%Open →
FY20232023-12-31$22.7B+30.9%Open →
FY20222022-12-31$17.3B+3.9%Open →
FY20212021-12-31$16.6B+10.0%Open →
FY20202020-12-31$15.1B+104.9%Open →
FY20192019-12-31$7.4B+108.4%Open →
FY20182018-12-31$3.5B—Open →

Total liabilities — Total liabilities is everything the company owes at the balance-sheet date — debt, payables, deferred revenue and provisions together. Where a filer does not tag it, we calculate it as total assets minus total equity and label the figure as calculated.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2018–2025 compound annual growth +36.3%

Total liabilities at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=PDD Holdings total liabilities |url=https://companiesranked.com/en/company/pdd-holdings/total-liabilities |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). PDD Holdings total liabilities. CompaniesRanked. https://companiesranked.com/en/company/pdd-holdings/total-liabilities

BibTeX

@misc{companiesranked-en-company-pdd-holdings-total-liabilities-2026,
  author       = {{CompaniesRanked}},
  title        = {{PDD Holdings total liabilities}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/pdd-holdings/total-liabilities}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001104659-26-050727 · April 29, 2026

{{cite web |title=PDD Holdings total liabilities — 20-F (0001104659-26-050727) |url=https://www.sec.gov/Archives/edgar/data/1737806/000110465926050727/pdd-20251231x20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-04-29}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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