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 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see PDD cash flow conversion.
Annual Cash Flow Quality Index for PDD Holdings Inc. (2021–2024)
Year-by-year earnings quality comparison for 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.