Earning forecast:e-commerce platform’s net profit can be calculated using GMV*take rate*net margin.PDD’s main app GMV was 3.5 trillion Yuan in 2022. Given that consumers value cost-to-performance more as economic growth slowdown, we expect PDD’s main app GMV to be 4.5 trillion Yuan in...
net income that period tripled from a year ago to RMB30.6 billion, trouncing the analysts estimated RMB15.53 billion. Adjusted diluted earnings perAmericandepositary share (ADS) RBM20.72. That was nearly double the expectation of RMB10.49. The company logged operating profit of RMB25.97 billion...
Net Income-Cont. Operations $8,463,741 $4,536,741 $1,218,930 -$1,097,853 Net Income $8,463,741 $4,536,741 $1,218,930 -$1,097,853 Net Income Applicable to Common Shareholders $8,463,741 $4,536,741 $1,218,930 -$1,097,853 ...
Net Income-Cont. Operations $8,463,741 $4,536,741 $1,218,930 -$1,097,853 Net Income $8,463,741 $4,536,741 $1,218,930 -$1,097,853 Net Income Applicable to Common Shareholders $8,463,741 $4,536,741 $1,218,930 -$1,097,853 ...
(ADS) RBM20.72. That was nearly double the expectation of RMB10.49. The company logged operating profit of RMB25.97 billion with a 275% YoY growth and adjusted operating profit of RMB28.55 billion with a growth of237%, whereas analysts projected RMB14.4 billion and RMB16.0 billion, ...
(ADS) RBM20.72. That was nearly double the expectation of RMB10.49. The company logged operating profit of RMB25.97 billion with a 275% YoY growth and adjusted operating profit of RMB28.55 billion with a growth of237%, whereas analysts projected RMB14.4 billion and RMB16.0 billion, ...
Operating profitin the quarter was RMB6,929.0 million (US$1,008.9 million), an increase of222%from RMB2,154.4 million in the same quarter of 2022.Non-GAAP2operating profitin the quarter was RMB8,462.4 million (US$1,232.2 million), an increase of130%from RMB3,677.2 million in the same...
Net Profit Margin (%) 5 years average 4.30% Created with Highcharts 4.0.32019/122020/122021/122022/122023/120-50-2525 Updated:2025/03/21 Return on Total Assets (%) 5 years average 4.47% Created with Highcharts 4.0.32019/122020/122021/122022/122023/12-20020 ...
Revenue and net profit beat market expectations: PDD’s 2Q22 revenue was RMB 31.44bn (+36% yoy), better than the Bloomberg consensus estimate (RMB23.624bn); revenue from 1P was RMB 51mn, lower than the Bloomberg consensus estimate of RMB 70mn. Excluding 1P, the revenue from e-commerce pl...
PDD executives warned revenue growth will face pressure due to intensified competition and external challenges when they reported financial results for the second quarter. However, the latest quarterly results brought more questions on how PDD could maintain its rapid growth and profitablility amid China...