---
title: "PDD released its financial report, with adjusted earnings per ADS of RMB 22.07, exceeding the estima"
description: "PDD released its financial report, with adjusted earnings per ADS of RMB 22.07, exceeding the estimated RMB 15.50; revenue was RMB 103.98 billion, slightly higher than the estimated RMB 103.93 billion"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/254414763.md"
published_at: "2025-08-25T10:31:51.000Z"
---

# PDD released its financial report, with adjusted earnings per ADS of RMB 22.07, exceeding the estima

> PDD released its financial report, with adjusted earnings per ADS of RMB 22.07, exceeding the estimated RMB 15.50; revenue was RMB 103.98 billion, slightly higher than the estimated RMB 103.93 billion; adjusted net profit was RMB 32.71 billion, far exceeding the estimated RMB 22.39 billion; general and administrative expenses were RMB 1.53 billion, lower than the estimated RMB 1.91 billion; R&D expenses were RMB 3.59 billion, close to the estimated RMB 3 billion; earnings per American Depositary Share were RMB 20.75, exceeding the estimated RMB 14.18; net cash flow from operating activities was RMB 21.64 billion

PDD: Adjusted earnings per ADS of RMB 22.07, estimated at RMB 15.50;

Revenue of RMB 103.98 billion, estimated at RMB 103.93 billion;

Adjusted net profit of RMB 32.71 billion, estimated at RMB 22.39 billion;

General and administrative expenses of RMB 1.53 billion, estimated at RMB 1.91 billion;

R&D expenses of RMB 3.59 billion, estimated at RMB 3.5 billion;

Earnings per American Depositary Share of RMB 20.75, estimated at RMB 14.18;

Net cash flow from operating activities of RMB 21.64 billion

### Related Stocks

- [PDD.US - PDD](https://longbridge.com/en/quote/PDD.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.