PDD Holdings Inc.
PDD · Services-Business Services, NEC · EDGAR filings ↗
Reference price $99.59 — last insider sale, 2026-03-30 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
A88gen composite 88pct→88
Notable findings
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Strong balance sheetStrong balance sheet — $60.4B cash & investments
- Notable holderHeld by 7 notable fund(s): GOLDMAN SACHS GROUP INC, STATE STREET CORP, CITADEL ADVISORS LLC +4 more (as of 2026-03-31)
Quarterly revenue
Last 2 quarters · from SEC filings.
Key metrics
Gross margin
56.3%
Operating margin
21.6%
Net margin
22.7%
Return on equity
23.7%
Return on assets
15.5%
ROIC
17.8%
Revenue growth (QoQ)
162.9%
Net-income growth
-9.2%
Current ratio
2.4×
EBITDA
$13.4B
Tangible book value
$59.1B
Cash & investments
$60.4B
Stock comp / revenue
1.8%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Zhao Jiazhen | Co-Chief Executive Officer | — |
| Wang Mi | SVP of Engineering | — |
| Kam Anthony Ping Leung | Director | — |
| Rietjens Ivonne MCM | Director | — |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-30 | Rietjens Ivonne MCM | Sell | 560 | $99.59 |
| 2026-03-30 | Kam Anthony Ping Leung | Sell | 1.5K | $99.43 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-29 | 2025-12-31 | 0001104659-26-050727 ↗ |
| 20-F | 2025-04-28 | 2024-12-31 | 0001410578-25-000951 ↗ |
| 20-F | 2024-04-25 | 2023-12-31 | 0001104659-24-051610 ↗ |
| 20-F | 2023-04-26 | 2022-12-31 | 0001104659-23-049927 ↗ |
| 20-F | 2022-04-25 | 2021-12-31 | 0001104659-22-049283 ↗ |
| 20-F | 2021-04-30 | 2020-12-31 | 0001104659-21-058237 ↗ |
| 20-F | 2020-04-24 | 2019-12-31 | 0001104659-20-051022 ↗ |
| 20-F | 2019-04-24 | 2018-12-31 | 0001104659-19-023251 ↗ |