PDD Income Tax Expense from 2010 to 2024

PDD Stock  USD 100.07  4.02  3.86%   
PDD Holdings' Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 12.4 B this year. During the period from 2010 to 2024 PDD Holdings Income Tax Expense annual values regression line had geometric mean of  75,147,149 and mean square error of 9936434.8 T. View All Fundamentals
 
Income Tax Expense  
First Reported
2016-12-31
Previous Quarter
3.6 B
Current Value
5.9 B
Quarterly Volatility
1.7 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 Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of PDD Holdings over the last few years. It is PDD Holdings' Income Tax Expense 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 Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

PDD Income Tax Expense Regression Statistics

Arithmetic Mean2,075,341,280
Geometric Mean75,147,149
Coefficient Of Variation206.54
Mean Deviation3,038,926,181
Median3,733,000
Standard Deviation4,286,505,656
Sample Variance18374130.7T
Range12.9B
R-Value0.71
Mean Square Error9936434.8T
R-Squared0.50
Significance0
Slope676,292,884
Total Sum of Squares257237830.4T

PDD Income Tax Expense History

202412.4 B
202311.8 B
20224.7 B
20211.9 B
202066.9 M
2019-437.9 M
2018582.6 M

About PDD Holdings Financial Statements

PDD Holdings stakeholders use historical fundamental indicators, such as PDD Holdings' Income Tax Expense, 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 Tax Expense11.8 B12.4 B

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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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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
10.16
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.