Pinduoduo (PDD) - Net Assets

Net assets on the balance sheet as of June 2024 : C$48.61 Billion

According to Pinduoduo's latest financial reports the company has C$48.61 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pinduoduo - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$23.17 B	54.24%
2021-12-31	$C$15.02 B	27.7%
2020-12-31	$C$11.76 B	155.3%
2019-12-31	$C$4.60 B	23.6%
2018-12-31	$C$3.72 B	1501.06%
2017-12-31	$C$0.23 B	237.55%
2016-12-31	$C$68.98 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-C$0.47 Billion	-100.96%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Pinduoduo (PDD) - Net assets

Net assets on the balance sheet as of June 2024 : C$48.61 Billion