Pinduoduo (PDD) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹2.950 Trillion

According to Pinduoduo's latest financial reports the company has ₹2.950 Trillion 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	$₹1.413 T	61.05%
2021-12-31	$₹877.39 B	30.03%
2020-12-31	$₹674.75 B	168.19%
2019-12-31	$₹251.59 B	31.47%
2018-12-31	$₹191.37 B	1518.22%
2017-12-31	$₹11.82 B	239.01%
2016-12-31	$₹3.48 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-₹29.16 Billion	-100.99%	🇺🇸 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 : ₹2.950 Trillion