Pinduoduo Net Tangible Assets vs Current Deferred Revenue Analysis
PDD Stock | USD 147.09 1.64 1.13% |
Pinduoduo financial indicator trend analysis is much more than just breaking down Pinduoduo prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinduoduo is a good investment. Please check the relationship between Pinduoduo Net Tangible Assets and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinduoduo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Pinduoduo Stock refer to our How to Trade Pinduoduo Stock guide.
Net Tangible Assets vs Current Deferred Revenue
Net Tangible Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinduoduo Net Tangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pinduoduo's Net Tangible Assets and Current Deferred Revenue is 0.81. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Pinduoduo, assuming nothing else is changed. The correlation between historical values of Pinduoduo's Net Tangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Pinduoduo are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Tangible Assets i.e., Pinduoduo's Net Tangible Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Pinduoduo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinduoduo current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinduoduo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Pinduoduo Stock refer to our How to Trade Pinduoduo Stock guide.At present, Pinduoduo's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 19.21, whereas Selling General Administrative is forecasted to decline to about 2.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 3.1B | 4.0B | 10.2B | 10.7B | Net Interest Income | 1.8B | 3.9B | 10.2B | 10.7B |
Pinduoduo fundamental ratios Correlations
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Pinduoduo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pinduoduo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 76.1B | 158.9B | 181.2B | 237.1B | 348.1B | 365.5B | |
Short Long Term Debt Total | 6.6B | 17.0B | 12.8B | 16.9B | 10.2B | 8.7B | |
Other Current Liab | 14.2B | 25.5B | 29.6B | 37.7B | 56.6B | 59.4B | |
Total Current Liabilities | 45.8B | 83.9B | 93.7B | 116.9B | 152.9B | 160.5B | |
Total Stockholder Equity | 24.6B | 60.2B | 75.1B | 117.8B | 187.2B | 196.6B | |
Other Liab | 7.4M | 2.9M | 32.3M | 13.0M | 15.0M | 8.7M | |
Net Tangible Assets | 22.7B | 58.9B | 74.4B | 117.6B | 135.3B | 142.0B | |
Property Plant And Equipment Net | 558.5M | 832.7M | 3.1B | 2.5B | 5.1B | 5.3B | |
Current Deferred Revenue | 606.0M | 2.4B | 1.2B | 1.4B | 2.1B | 1.1B | |
Net Debt | 881.6M | (5.5B) | 6.3B | (17.4B) | (49.6B) | (47.1B) | |
Retained Earnings | (18.3B) | (25.5B) | (17.7B) | 15.2B | 75.1B | 78.9B | |
Accounts Payable | 29.9B | 53.8B | 62.5B | 63.3B | 91.9B | 96.5B | |
Cash | 5.8B | 22.4B | 6.4B | 34.3B | 59.8B | 62.8B | |
Non Current Assets Total | 3.1B | 9.4B | 20.3B | 20.5B | 53.3B | 56.0B | |
Non Currrent Assets Other | 503.1M | 7.3B | 158.0M | 2.5B | 16.7B | 17.6B | |
Other Assets | 69.5M | 7.3B | 16.5B | 3.6B | 4.1B | 4.4B | |
Long Term Debt | 5.2B | 14.4B | 11.8B | 1.6B | 5.2B | 5.3B | |
Cash And Short Term Investments | 41.1B | 87.0B | 92.9B | 149.4B | 217.2B | 228.1B | |
Net Receivables | 3.4B | 5.0B | 4.9B | 6.9B | 12.6B | 13.2B | |
Common Stock Total Equity | 104K | 142K | 148K | 159K | 182.9K | 134.0K | |
Common Stock Shares Outstanding | 1.2B | 1.2B | 1.4B | 1.4B | 1.5B | 1.3B | |
Short Term Investments | 35.3B | 64.6B | 86.5B | 115.1B | 157.4B | 165.3B | |
Liabilities And Stockholders Equity | 76.1B | 158.9B | 181.2B | 237.1B | 348.1B | 365.5B | |
Non Current Liabilities Total | 5.6B | 14.9B | 12.4B | 2.5B | 7.9B | 5.9B | |
Capital Lease Obligations | 544.3M | 668.0M | 971.4M | 1.5B | 4.3B | 4.5B | |
Inventory | 27.6B | 1.7B | 14.2M | (6.9B) | 63.4B | 66.6B | |
Other Current Assets | 950.3M | 5.2B | 3.4B | 67.2B | 1.5B | 1.5B | |
Other Stockholder Equity | 41.5B | 86.7B | 95.3B | 99.3B | 107.3B | 63.5B | |
Total Liab | 51.4B | 98.7B | 106.1B | 119.3B | 160.8B | 168.9B | |
Property Plant And Equipment Gross | 558.5M | 832.7M | 3.1B | 2.5B | 8.3B | 8.7B | |
Total Current Assets | 73.0B | 149.5B | 160.9B | 216.6B | 294.8B | 309.5B | |
Accumulated Other Comprehensive Income | 1.4B | (1.0B) | (2.5B) | 3.3B | 4.8B | 5.1B | |
Short Term Debt | 1.0B | 2.1B | 427.2M | 14.5B | 2.3B | 2.9B | |
Intangible Assets | 2.0B | 1.3B | 701.2M | 134.0M | 21.1M | 20.1M | |
Common Stock | 148K | 159K | 161K | 170K | 177K | 153.6K | |
Property Plant Equipment | 558.5M | 832.7M | 3.1B | 2.5B | 2.8B | 3.0B | |
Net Invested Capital | 30.8B | 76.5B | 86.9B | 133.2B | 193.1B | 202.8B |
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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 Pinduoduo is a strong investment it is important to analyze Pinduoduo's 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 Pinduoduo's future performance. For an informed investment choice regarding Pinduoduo Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinduoduo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Pinduoduo Stock refer to our How to Trade Pinduoduo Stock guide.Note that the Pinduoduo information on this page should be used as a complementary analysis to other Pinduoduo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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Is Pinduoduo's industry 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 Pinduoduo. If investors know Pinduoduo 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 Pinduoduo 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 1.433 | Earnings Share 5.85 | Revenue Per Share 182.891 | Quarterly Revenue Growth 1.232 | Return On Assets 0.1254 |
The market value of Pinduoduo is measured differently than its book value, which is the value of Pinduoduo that is recorded on the company's balance sheet. Investors also form their own opinion of Pinduoduo's value that differs from its market value or its book value, called intrinsic value, which is Pinduoduo's 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 Pinduoduo's market value can be influenced by many factors that don't directly affect Pinduoduo's 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 Pinduoduo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinduoduo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinduoduo's 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.