Company context

PDD Holdings Inc.

NASDAQ:PDD

Department Stores · benchmarked against Retail Trade inside the KWEB constituent company universe.

Active tabPeers

Current readMixed

Last close86.05

1M return+7.75%

OverviewVerdict, thesis map, and valuation setup.FundamentalsDrivers, trajectory, and business quality.Financial reportsStatement tables, sorting, filtering, and acceleration.Ex-ante forecastTarget price, dividend yield, and total return by horizon.FactorsCompany factor exposure, rank, and universe context.Market viewMomentum, catalysts, charts, and symbol packet.AttributionLarge-move causes, residuals, and research backlog.OwnershipSEC 13F holder flow, crowding, and manager changes.PeersPeer heatmap and closest comparables.

Tab scope

Relative comparables

Peers

Source and lookbackPeer fundamentals and stored return summaries901 stored daily bars; peer return rows use each peer's stored price summary where available.

Sample and caveat12 closest comparables from industry, sector, and market peer pools.Use this tab for its stated job; heavier model packets stay on their own tabs.

Peer return matrix

Cumulative returns across peer horizons

Stored daily closes, when available

NASDAQ:PDD 1W +1.76%, 1M +7.75%, 3M -17.88%, 6M -19.92%, 1Y -20.29%, 3Y +6.33%; HKEX:9988 1W +0.68%, 1M +22.67%, 3M -12.10%, 6M -27.92%, 1Y +1.73%, 3Y +32.62%; HKEX:6618 1W -2.09%, 1M +1.59%, 3M -16.96%, 6M -37.03%, 1Y -23.70%, 3Y -24.89%; NYSE:VIPS 1W +4.02%, 1M +5.99%, 3M -5.23%, 6M -21.41%, 1Y -4.10%, 3Y -13.48%; HKEX:9618 1W +4.88%, 1M +16.11%, 3M +3.38%, 6M +10.86%, 1Y -0.33%, 3Y -12.19%; HKEX:1024 1W -3.75%, 1M -1.83%, 3M -12.48%, 6M -41.35%, 1Y -41.35%, 3Y -15.90%; HKEX:9999 1W +1.47%, 1M -0.38%, 3M +13.69%, 6M +4.90%, 1Y +1.57%, 3Y +35.60%; HKEX:700 1W -1.61%, 1M +5.35%, 3M +2.54%, 6M -20.43%, 1Y -13.42%, 3Y +42.66%; NYSE:TAL 1W -0.68%, 1M +11.79%, 3M -17.82%, 6M -11.72%, 1Y -2.48%, 3Y +53.29%; NYSE:TME 1W +2.70%, 1M +2.36%, 3M -10.15%, 6M -47.77%, 1Y -57.46%, 3Y +17.07%; HKEX:9888 1W -2.99%, 1M -3.17%, 3M -24.06%, 6M -27.06%, 1Y +26.48%, 3Y -23.13%

Company1W1M3M

6M

1Y

3Y

NASDAQ:PDD+1.76%+7.75%-17.88%-19.92%-20.29%+6.33%

HKEX:9988+0.68%+22.67%-12.10%-27.92%+1.73%+32.62%

HKEX:6618-2.09%+1.59%-16.96%-37.03%-23.70%-24.89%

NYSE:VIPS+4.02%+5.99%-5.23%-21.41%-4.10%-13.48%

HKEX:9618+4.88%+16.11%+3.38%+10.86%-0.33%-12.19%

HKEX:1024-3.75%-1.83%-12.48%-41.35%-41.35%-15.90%

HKEX:9999+1.47%-0.38%+13.69%+4.90%+1.57%+35.60%

HKEX:700-1.61%+5.35%+2.54%-20.43%-13.42%+42.66%

NYSE:TAL-0.68%+11.79%-17.82%-11.72%-2.48%+53.29%

NYSE:TME+2.70%+2.36%-10.15%-47.77%-57.46%+17.07%

HKEX:9888-2.99%-3.17%-24.06%-27.06%+26.48%-23.13%

Peer scorecard analytics

Different ways to compare this peer set

11 companies including target

Return leadership

HKEX:9888+26.48% 1Y · -23.13% 3Y

HKEX:9988+1.73% 1Y · +32.62% 3Y

HKEX:9999+1.57% 1Y · +35.60% 3Y

HKEX:9618-0.33% 1Y · -12.19% 3Y

Risk and quality spread

HKEX:9999GM +65.72% · ROE +22.03%

NASDAQ:PDDGM +55.98% · ROE +25.52%

HKEX:1024GM +53.93% · ROE +23.49%

HKEX:700GM +54.78% · ROE +21.57%

Valuation screen

NYSE:VIPSP/E 6.92 · FCF yield n/a

NASDAQ:PDDP/E 9.38 · FCF yield n/a

HKEX:1024P/E 10.32 · FCF yield n/a

NYSE:TALP/E 10.98 · FCF yield n/a

Valuation versus growth

P/E against 1Y return

NASDAQ:PDD P/E 9.38 1Y -20.29%, HKEX:9988 P/E 19.36 1Y +1.73%, HKEX:6618 P/E 21.21 1Y -23.70%, NYSE:VIPS P/E 6.92 1Y -4.10%, HKEX:9618 P/E 23.57 1Y -0.33%, HKEX:1024 P/E 10.32 1Y -41.35%, HKEX:9999 P/E 17.87 1Y +1.57%, HKEX:700 P/E 17.00 1Y -13.42%, NYSE:TAL P/E 10.98 1Y -2.48%, NYSE:TME P/E 11.20 1Y -57.46%, HKEX:9888 P/E n/a 1Y +26.48%

Peer heatmap

Where this company wins and lags

12 stored peers

CompanyP/E TTMPrice / SalesFCF yieldGross marginReturn on equityDebt / Equity

NASDAQ:PDDPDD Holdings Inc.

9.3880th pctile2.0040th pctilen/an/a+55.98%100th pctile+25.52%100th pctile0.0180th pctile

HKEX:9988Alibaba Group Holding Limited

19.3629th pctile2.0129th pctile-2.65%0th pctile+39.25%43rd pctile+10.15%29th pctile0.2743rd pctile

HKEX:6618JD Health International, Inc.

21.2114th pctile1.5457th pctile+9.24%100th pctile+24.78%29th pctile+9.28%14th pctile0.01100th pctile

NYSE:VIPSVipshop Holdings Limited

6.92100th pctile0.4886th pctilen/an/a+23.45%14th pctile+18.41%43rd pctile0.1757th pctile

HKEX:9618JD.com, Inc. Class A

23.570th pctile0.24100th pctilen/an/a+16.18%0th pctile+6.12%0th pctile0.500th pctile

HKEX:1024Kuaishou Technology Class B

10.3271st pctile1.2671st pctilen/an/a+53.93%57th pctile+23.49%86th pctile0.4714th pctile

HKEX:9999Netease Inc

17.8743rd pctile5.410th pctile+8.83%50th pctile+65.72%100th pctile+22.03%71st pctile0.0771st pctile

HKEX:700Tencent Holdings Ltd

17.0057th pctile5.1914th pctilen/an/a+54.78%71st pctile+21.57%57th pctile0.3629th pctile

Color ranks each metric in the favorable direction, so lower leverage and cheaper multiples can still score green.