PDD Holdings Inc. (PDD) — Cash Flow Quality Index

Latest as of September 2025: 1.56x

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. Explore PDD long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

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

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

Historical Cash Flow Quality Index for PDD Holdings Inc. across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check PDD Holdings Inc. (PDD) tangible equity ratio to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for PDD Holdings Inc.. For live market cap and the full company financial profile, see market cap of PDD Holdings Inc..

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.