---
type: "Topics"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/topics/30066891.md"
description: "Adjusted net profit attributable to the parent company was only 17 billion! $PDD(PDD.US) What is this company doing? For a company with quarterly profit expectations around 30 billion, they managed to report less than 20 billion in a single quarter. At first glance, it looks like a misread number.Let's start with a 10cm drop, leading the way down."
datetime: "2025-05-27T10:38:54.000Z"
locales:
  - [en](https://longbridge.com/en/topics/30066891.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/30066891.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/30066891.md)
author: "[Dolphin Research](https://longbridge.com/zh-HK/news/dolphin.md)"
---

> 支持的語言: [English](https://longbridge.com/en/topics/30066891.md) | [简体中文](https://longbridge.com/zh-CN/topics/30066891.md)


# Adjusted net profit attributable to the parent com…


### 相關股票

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

## 評論 (30)

- **踏雪无痕ing · 2025-05-28T16:09:22.000Z · 👍 1**: Small parcel exemption canceled, the loophole work is gone
  - **保持理智** (2025-05-29T10:59:45.000Z): That was the financial report for the second quarter
- **陈大帅进村 · 2025-05-28T01:55:57.000Z**: Is it caused by the impact of US tariffs on temu?
  - **Dolphin Research** (2025-05-28T05:50:27.000Z): I don't think that's the reason. You can check out the detailed interpretation we posted.
  - **新用户_EyBlBi1** (2025-05-28T09:30:43.000Z): The tariffs were not implemented in the first quarter but in April, so the second quarter looks even worse.
- **燎原火 · 2025-05-27T15:56:14.000Z**: Didn't they expose themselves in the conference call half a year ago? Why are they still making a fuss?
- **wxx · 2025-05-27T13:41:03.000Z · 👍 3**: I work with Pinduoduo, but we merchants all hope Pinduoduo goes bankrupt because it exploits merchants too much.
  - **文风子** (2025-05-27T16:36:44.000Z): Biting the hand that feeds you
  - **多云转晴天** (2025-05-28T01:14:40.000Z): Deep problem
  - **William1995** (2025-05-28T05:36:23.000Z): Then don't do it
- **标普企业非常好 · 2025-05-27T10:59:20.000Z · 👍 8**: The competition among domestic companies is still too intense, everyone is caught in a rat race, but no one knows what they're racing for! The issue is that China hasn't found an asset that can create a virtuous cycle where people's wealth increases and their spending power improves.
  - **Dolphin Research** (2025-05-27T11:38:57.000Z): This proposition is too difficult
- **韩跑跑的交易员Luka · 2025-05-27T10:50:06.000Z · 👍 2**: Temu's U.S. business is basically gone, and Europe will also end the tax exemption for small packages.
- **知行合一再投资 · 2025-05-27T10:48:06.000Z · 👍 1**: Terrible Pinduoduo
- **李大锤 · 2025-05-27T10:48:04.000Z**: Small parcels 📦 sanctioned, right? Provision for 10 billion losses first.
  - **美股搅屎棍** (2025-05-27T10:50:32.000Z): Here is the financial report for the last quarter, which is unrelated to this matter.
- **Mountain_Capital · 2025-05-27T10:47:05.000Z**: Chinese concept stocks, totally normal 😏
  - **Dolphin Research** (2025-05-27T11:39:19.000Z): Hahaha, a seasoned stock investor
  - **Mountain_Capital** (2025-05-27T11:51:30.000Z): The influencer I follow replied to me 🤣
  - **长盈智桥** (2025-05-27T12:52:19.000Z): I wonder if Da Zi is the same this time.
- **雨、 · 2025-05-27T10:45:06.000Z · 👍 1**: Too exaggerated
  - **和尚打伞** (2025-05-27T12:07:49.000Z): It's over, I'm completely wiped out.
- **未来战士 · 2025-05-27T10:45:05.000Z · 👍 1**: Does anyone know what's going on? The profit is so low.
  - **一天赚一百** (2025-05-27T10:48:15.000Z): It should be a subsidy for merchants.
  - **未来战士** (2025-05-27T10:51:55.000Z): Can it subsidize over 10 billion?
  - **Jack船长** (2025-05-27T10:52:47.000Z): So it's called the 10 Billion Subsidy
- **Jimmy.hl · 2025-05-27T10:41:01.000Z · 👍 1**: My Pinduoduo earnings report has this taste again
  - **Dolphin Research** (2025-05-27T11:39:42.000Z): Really, it always drops every time.