PDD Holdings Inc. (PDD) — Capital Reinvestment Ratio
PDD Holdings Inc. (PDD) has a Capital Reinvestment Ratio of 0.06x as of March 2025, meaning it reinvests 0% of its operating cash flow ($15.52 Billion) in capital expenditures ($967.14 Million). Check PDD tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
PDD Holdings Inc. Capital Reinvestment Ratio (2016–2024)
This chart tracks PDD Holdings Inc.'s Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see PDD cash generation efficiency.
Annual Capital Reinvestment Ratio for PDD Holdings Inc. (2016–2024)
Year-by-year Capital Reinvestment Ratio for PDD Holdings Inc. from 2016 to 2024. See PDD free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.01x | $121.93 Billion | $967.14 Million | ▲ +27.9% |
| 2023 | 0.01x | $94.16 Billion | $583.88 Million | ▼ -93.1% |
| 2022 | 0.09x | $7.03 Billion | $635.72 Million | ▼ -20.9% |
| 2021 | 0.11x | $28.78 Billion | $3.29 Billion | ▲ +7381.0% |
| 2020 | 0.00x | $28.20 Billion | $43.05 Million | ▼ -17.5% |
| 2019 | 0.00x | $14.82 Billion | $27.44 Million | ▼ -47.4% |
| 2018 | 0.00x | $7.77 Billion | $27.33 Million | ▼ -87.6% |
| 2017 | 0.03x | $315.48 Million | $8.92 Million | ▲ +981.2% |
| 2016 | 0.00x | $879.78 Million | $2.30 Million | — |