PDD Holdings Inc. (PDD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, PDD Holdings Inc. (PDD) has a cash flow conversion efficiency ratio of 0.117x as of September 2025. 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 ($45.66 Billion) by net assets ($391.40 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
PDD Holdings Inc. - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how PDD Holdings Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of PDD Holdings Inc. for a breakdown of total debt and financial obligations.
PDD Holdings Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PDD Holdings Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Siemens Energy AG
F:ENR
|
0.272x |
|
Schneider Electric S.E.
PA:SU
|
0.202x |
|
Novo Nordisk A/S
CO:NOVO-B
|
0.039x |
|
Welltower Inc
NYSE:WELL
|
0.015x |
|
ALLIANZ SE UNSP.ADR 1/10
F:ALVE
|
N/A |
|
Southern Copper Corporation
NYSE:SCCO
|
0.140x |
|
Allianz SE VNA O.N.
XETRA:ALV
|
0.316x |
|
Shandong Zhongji Electrical Equipment Co Ltd
SHE:300308
|
0.081x |
Annual Cash Flow Conversion Efficiency for PDD Holdings Inc. (2016–2024)
The table below shows the annual cash flow conversion efficiency of PDD Holdings Inc. from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see PDD stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $313.31 Billion | $121.93 Billion | 0.389x | -22.62% |
| 2023-12-31 | $187.24 Billion | $94.16 Billion | 0.503x | +742.12% |
| 2022-12-31 | $117.77 Billion | $7.03 Billion | 0.060x | -84.42% |
| 2021-12-31 | $75.11 Billion | $28.78 Billion | 0.383x | -18.22% |
| 2020-12-31 | $60.18 Billion | $28.20 Billion | 0.469x | -22.08% |
| 2019-12-31 | $24.65 Billion | $14.82 Billion | 0.601x | +45.71% |
| 2018-12-31 | $18.82 Billion | $7.77 Billion | 0.413x | +57.63% |
| 2017-12-31 | $1.20 Billion | $315.48 Million | 0.262x | -89.39% |
| 2016-12-31 | $356.45 Million | $879.78 Million | 2.468x | -- |
About PDD Holdings Inc.
PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, spo… Read more