PDD Holdings Inc. Cash Flow Quality Index

Latest as of September 2025: 1.56x

PDD Holdings Inc. cash flow quality index. PDD Holdings Inc. (PDD) has a Cash Flow Quality Index of 1.56x as of September 2025. Operating cash flow of $45.66 Billion exceeds net income of $29.33 Billion, indicating high earnings quality where cash backs reported profits. See PDD financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

1.56x
Operating CF / Net Income

Operating Cash Flow

$45.66 Billion
USD

Net Income

$29.33 Billion
USD

Data as of

Sep 2025
Most recent filing

Cash Flow Quality Index of PDD Holdings Inc. (2021–2024)

Cash flow quality index of PDD Holdings Inc. from 2021 to 2024. Historical Cash Flow Quality Index for PDD Holdings Inc. across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can PDD Holdings Inc. service its debt to assess how comfortably operating cash covers total debt obligations.

PDD Holdings Inc. Cash Flow Quality Index by Year (2021–2024)

PDD Holdings Inc. cash flow quality index by year from 2021 to 2024. Year-by-year earnings quality comparison for PDD Holdings Inc.. For the full cash flow conversion analysis, see PDD Holdings Inc. (PDD) cash conversion ratio.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.08x $121.93 Billion $112.43 Billion ▼ -30.9%
2023 1.57x $94.16 Billion $60.03 Billion ▲ +603.4%
2022 0.22x $7.03 Billion $31.54 Billion ▼ -94.0%
2021 3.71x $28.78 Billion $7.77 Billion —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.