Pinduoduo Inc (9PDA) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.039x

Based on the latest financial reports, Pinduoduo Inc (9PDA) has a cash flow conversion efficiency ratio of 0.039x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€16.45 Billion ≈ $19.23 Billion USD) by net assets (€423.43 Billion ≈ $495.03 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 9PDA net asset quality score to measure how much of total assets are equity-financed.

Pinduoduo Inc - Cash Flow Conversion Efficiency Trend (2016–2025)

This chart illustrates how Pinduoduo Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Pinduoduo Inc to evaluate the quality of earnings relative to operating cash generation.

Pinduoduo Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Pinduoduo Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
State Bank of India NSE:SBIN	-0.265x
BNP Paribas SA PA:BNP	0.004x
Medtronic PLC NYSE:MDT	0.052x
INTESA SANPAOLO ADR/6 F:IESJ	N/A
Newmont Goldcorp Corp NYSE:NEM	0.069x
Accenture plc NYSE:ACN	0.052x
Sanofi MX:SNYN	0.023x
Spotify Technology SA NYSE:SPOT	0.106x

Annual Cash Flow Conversion Efficiency for Pinduoduo Inc (2016–2025)

The table below shows the annual cash flow conversion efficiency of Pinduoduo Inc from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see 9PDA market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€413.39 Billion ≈ $483.29 Billion	€106.94 Billion ≈ $125.02 Billion	0.259x	-33.53%
2024-12-31	€313.31 Billion ≈ $366.30 Billion	€121.93 Billion ≈ $142.55 Billion	0.389x	-22.62%
2023-12-31	€187.24 Billion ≈ $218.91 Billion	€94.16 Billion ≈ $110.09 Billion	0.503x	+22.10%
2022-12-31	€117.77 Billion ≈ $137.69 Billion	€48.51 Billion ≈ $56.71 Billion	0.412x	+7.49%
2021-12-31	€75.11 Billion ≈ $87.82 Billion	€28.78 Billion ≈ $33.65 Billion	0.383x	-18.22%
2020-12-31	€60.18 Billion ≈ $70.35 Billion	€28.20 Billion ≈ $32.96 Billion	0.469x	-22.08%
2019-12-31	€24.65 Billion ≈ $28.81 Billion	€14.82 Billion ≈ $17.33 Billion	0.601x	+45.71%
2018-12-31	€18.82 Billion ≈ $22.01 Billion	€7.77 Billion ≈ $9.08 Billion	0.413x	-94.87%
2017-12-31	€1.20 Billion ≈ $1.41 Billion	€9.69 Billion ≈ $11.32 Billion	8.039x	+225.70%
2016-12-31	€356.45 Million ≈ $416.73 Million	€879.78 Million ≈ $1.03 Billion	2.468x	--

About Pinduoduo Inc

F:9PDA Germany Internet Retail

Market Cap

$127.80 Billion

€109.32 Billion EUR

Market Cap Rank

#241 Global

#48 in Germany

Share Price

€76.80

Change (1 day)

+1.05%

52-Week Range

€65.00 - €119.00

All Time High

€170.00