PDD Income Before Tax from 2010 to 2024

PDD Stock  USD 102.27  2.39  2.28%   
PDD Holdings' Income Before Tax is increasing over the years with slightly volatile fluctuation. Overall, Income Before Tax is expected to go to about 75.5 B this year. During the period from 2010 to 2024 PDD Holdings Income Before Tax annual values regression line had coefficient of variation of  248.89 and r-squared of  0.44. View All Fundamentals
 
Income Before Tax  
First Reported
2016-12-31
Previous Quarter
37.9 B
Current Value
29.2 B
Quarterly Volatility
11.6 B
 
Covid
Check PDD Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PDD Holdings' main balance sheet or income statement drivers, such as Tax Provision of 12.4 B, Net Interest Income of 10.7 B or Interest Income of 10.7 B, as well as many indicators such as Price To Sales Ratio of 5.78, Dividend Yield of 1.0E-4 or PTB Ratio of 7.65. PDD financial statements analysis is a perfect complement when working with PDD Holdings Valuation or Volatility modules.
  
Check out the analysis of PDD Holdings Correlation against competitors.
For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.

Latest PDD Holdings' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of PDD Holdings over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on PDD Holdings income statement and is an important metric when analyzing PDD Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is PDD Holdings' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PDD Holdings' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

PDD Income Before Tax Regression Statistics

Arithmetic Mean11,078,360,360
Coefficient Of Variation248.89
Mean Deviation20,070,753,509
Median(291,977,000)
Standard Deviation27,572,956,643
Sample Variance760267938T
Range85.7B
R-Value0.66
Mean Square Error460687344.6T
R-Squared0.44
Significance0.01
Slope4,077,295,871
Total Sum of Squares10643751132.1T

PDD Income Before Tax History

202475.5 B
202371.9 B
202236.4 B
20219.5 B
2020-7.3 B
2019-7 B
2018-10.2 B

About PDD Holdings Financial Statements

PDD Holdings stakeholders use historical fundamental indicators, such as PDD Holdings' Income Before Tax, to determine how well the company is positioned to perform in the future. Although PDD Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in PDD Holdings' assets and liabilities are reflected in the revenues and expenses on PDD Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PDD Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax71.9 B75.5 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether PDD Holdings is a strong investment it is important to analyze PDD Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PDD Holdings' future performance. For an informed investment choice regarding PDD Stock, refer to the following important reports:
Check out the analysis of PDD Holdings Correlation against competitors.
For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PDD Holdings. If investors know PDD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PDD Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.4
Earnings Share
10.12
Revenue Per Share
248.59
Quarterly Revenue Growth
0.857
Return On Assets
0.1725
The market value of PDD Holdings is measured differently than its book value, which is the value of PDD that is recorded on the company's balance sheet. Investors also form their own opinion of PDD Holdings' value that differs from its market value or its book value, called intrinsic value, which is PDD Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PDD Holdings' market value can be influenced by many factors that don't directly affect PDD Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PDD Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PDD Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PDD Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.