Pinduoduo (PDD) - Net Assets

Net assets on the balance sheet as of June 2024 : S$46.33 Billion

According to Pinduoduo's latest financial reports the company has S$46.33 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	$S$22.89 B	43.65%
2021-12-31	$S$15.93 B	30.56%
2020-12-31	$S$12.20 B	156.61%
2019-12-31	$S$4.75 B	27.21%
2018-12-31	$S$3.73 B	1409.36%
2017-12-31	$S$0.24 B	233.43%
2016-12-31	$S$74.29 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-S$0.45 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 : S$46.33 Billion