PDD stock forecast 2025: 2021 Q1 financial report analysis

PDD released the financial report for the first quarter of 2021.

According to the financial report, as of March 31, 2021, Pinduoduo's annual active buyers reached 823.8 million, a net increase of 195.7 million over the same period of the previous year, leading China's other domestic e-commerce platforms for the second consecutive quarter.

In terms of revenue, Pinduoduo’s revenue in the first quarter was 22.167 billion yuan, a year-on-year increase of 239% from 6.541 billion yuan in the same period last year.

Under non-general accounting standards, the platform’s net loss attributable to ordinary shareholders in the first quarter was RMB 1,890.3 billion, compared with a net loss of RMB 3.169 billion in the same period last year, and the net loss was significantly narrowed.

PDD officially enters a new era of 800 million users

The financial report shows that as of March 31, 2021, the number of active buyers on the Pinduoduo platform reached 823.8 million, officially entering a new era of 800 million users at a record speed, further achieving the goal of serving the largest number of users in China.

In the last quarter, Pinduoduo's user scale reached 788 million, making it the first e-commerce platform with the largest user scale in China. On this basis, Pinduoduo still maintained a user growth rate of more than 30% year-on-year in this quarter and continued to expand its lead.

In the context of the continuous recovery of China’s domestic consumer market, in the first quarter of 2021, the average monthly active users of Pinduoduo’s APP reached 724.6 million, compared with 487.4 million in the same period last year, an increase of 49% year-on-year, and the indicator of annual buyers continued to grow.

From 78% in the first quarter of 2020 to 88% in the first quarter of 2021, the scale and stickiness of users have maintained rapid growth.

More and more global first-tier brands choose to settle in Pinduoduo.

In the last quarter, the number of merchants on the Pinduoduo platform totaled more than 8.6 million, and this quarter continued to maintain rapid growth.

Pinduoduo’s "10 billion subsidies" brand flagship stores increased by more than 10 times year on year.

Among them, brands such as digital home appliances, beauty, and clothing increased the most, and only small household appliances brand flagship stores increased by more than 600.

With the strong support of ecosystem partners such as platform merchants, brand owners, and service providers, the number of active users of Pinduoduo’s “10 Billion Subsidy” channel has exceeded 100 million, and more than 10 million people buy orders every day, effectively satisfying the majority of China’s The needs of users for a better life.

"As our scale continues to grow, we are more capable and more responsible for fulfilling the mission of inclusiveness," said Chen Lei, chairman, and chief executive officer of Pinduoduo.

Pinduoduo Future is a platform that can promote the transaction of goods and services and a channel to transform innovation into solutions to daily problems.

Revenue in the first quarter increased by 239% year-on-year, increasing investment in agricultural infrastructure.

The financial report shows that in the first quarter of 2021, Pinduoduo achieved revenue of 22.167 billion yuan, a year-on-year increase of 239%, which was significantly higher than market expectations.

Analysts predict Pinduoduo's revenue in the first quarter will be 20.4 billion yuan.

Pinduoduo's revenue growth was mainly due to the strong growth of online marketing technology service revenue. In the first quarter, platform online marketing technology service revenue was 14.11115 billion yuan, a year-on-year increase of 157%, and merchandise sales revenue was 5.124 billion yuan.

Pinduoduo continued to increase subsidies and coverage for high-quality goods this quarter to meet the diverse needs of users. In the first quarter, the platform's sales and marketing expenses were 12.997 trillion yuan, an increase of 78% from 7.296.6 billion yuan in the same period last year.

As of March 31, 2021, Pinduoduo's cash and cash equivalents and short-term investments amounted to 83.4 billion yuan. Driven by strong revenue, the operating loss and net loss for the quarter narrowed at the same time.

The financial report shows that the net loss attributable to ordinary shareholders under non-general accounting standards was 1.890.3 billion yuan, which was significantly narrower than the net loss of 3.169 billion yuan in the same period last year.

As China's largest agricultural product uplink platform, Pinduoduo continued to build an agricultural product infrastructure platform this quarter.

In the field of agricultural scientific research, Pinduoduo has also successively carried out in-depth cooperation with many top scientific research institutions, academicians, and experts at home and abroad, and continued to invest in scientific planting, agricultural robots, smart agriculture, future food, and other fields.

It is understood that Pinduoduo has just joined with Singapore Institute of Food and Biotechnology Innovation to conduct pioneering research on new plant-based meat.

Before this, Pinduoduo also launched a scientific research project based on pesticide residue testing to explore food safety issues in depth.

"Pinduoduo is working towards its goal of becoming the world's largest agricultural and daily necessities platform," said Pinduoduo's chairman and chief executive officer.

In the next five years, Pinduoduo will continue to cooperate with local governments and agricultural institutions to increase technical training for farmers, use technology to empower agricultural production, and promote rural revitalization.

Comments

Will China's economy recover as the epidemic is under control?

During the Chinese Spring Festival, novel coronavirus broke out in Wuhan, and the Chinese stock market was hit hard. Subsequently, the Chinese government quickly took strict measures to block Wuhan, a city with a population of tens of thousands of people, to prevent the further spread of the epidemic, and to take corresponding epidemic prevention measures in other cities. When the worst of the epidemic had already occurred, the Chinese stock market quickly rebounded. As the number of infections continues to decline, China's Shanghai Composite Index is expected to rise further. Sars Period Looking back on similar events in the past, the SARS epidemic in 2003, the stock market also made a short-term decline, and then the SARS epidemic was brought under control, the stock market immediately went up for a long time. According to past historical data, the impact of the novel coronavirus epidemic on the stock market may be short-lived. China Fund Capital Flow Howeve...

Three stages of bull and bear markets!

The bull and bear markets of the stock market are traditional indicators of the business cycle. As an investor, distinguishing bull and bear markets in the stock market and grasping the long-term development direction of the market can avoid the impact of short-term market fluctuations and the impact of complex market information. For example, the market fluctuations brought by news information, the sudden and sharp drop in market prices, and the impact of investor sentiment have led to making wrong investment trading decisions. The stock market is in a bull market, most asset prices will continue to rise, and the stock market is in a bear market, most asset prices will continue to fall. Both bull and bear markets are divided into three stages, so how to tell whether the stock market is in a bull or bear market, and at what stage. S&P500 Index What is a bull market? In the first stage of the bull market, after the market economy was in recession, the stock price fe...

AMD stock forecast 2025: Q2 is expected to perform strongly

Before the US stock market on July 19, US technology stocks continued their decline last Friday, and AMD's stock price also continued to fall. AMD will announce the results of the second quarter of 2021 on July 27. The market expects this performance to be strong, so this round of decline may be a great opportunity to buy the stock. financial indicator Due to the strong market demand for CPU and graphics cards in 2021, AMD’s revenue is expected to exceed the maximum value of the financial guidance. AMD’s C&G business is expected to grow the most because higher-priced AMD Ryzen and high-end AMD Radeon sales continue to increase. In terms of gross profit margin, the market expects AMD's gross profit margin in Q2 2021 will increase by 47% year-on-year. If the average selling prices of CPUs and GPUs continue to rise in Q2 of 2021, and the ASPs of CPUs and GPUs will increase in Q1 of 2021, the gross profit margin may also increase by 48%. CPU market sh...

Teladoc stock forecast 2025: Is it time to buy TDOC?

TDOC's performance exceeded expectations. Why did the performance decline after the announcement? Teladoc (TDOC) reported quarterly earnings of US$0.13 per share, which exceeded the consensus estimate of a loss of US$0.57 per share. In the same period last year, it had a loss of US$0.4 per share. The earnings of this financial report far exceeded expectations. In the last quarter, people expected this telemedicine service company to lose 0.25 US dollars per share, but the actual loss per share was 0.27 US dollars, which was not as good as expected at the time. In the past four quarters, TDOC exceeded expectations twice. The management stated that the company's current momentum in various channels and regions should not be underestimated in the conference call. It has raised its annual revenue guidance to 20 million U.S. dollars, which is expected to be between 1.97 billion and 2.02 billion U.S. dollars. In the first quarter, the comp...

Shopify stock forecast 2025：Is it worth buying?

In the last year, the stocks rose relatively well. Another sector is e-commerce. Whether it is Amazon, Alibaba, JD.com, Pinduoduo, SEA or vertical e-commerce platforms Etsy and Chewy, all of them have experienced huge gains, while another category has benefited from the e-commerce sector. The company is a website building tool company such as Shopify BigCommerce Holdings. Today I will talk about shopify, the leader of website building tools. First, let's briefly talk about shopify's business model. To put it simply, shopify is a fool-like website building platform. In the past, when a company wanted to build a corporate website, it generally needed to find a dedicated person to design and maintain the website. If you want to add shopping functions to the website, the cost of building the website will also increase. This is true for many small businesses and individual businesses. A very difficult thing. Shopify uses the SAAS model to provide websit...

Will the Great Depression make a comeback?

the Great Depression On March 21, 2020, the United States already had initial unemployment data. Exceeding market expectations, the number of applicants reached 3.28 million, a record high. The current unemployment situation in the United States. Before March 7, employment in the United States was not affected by the epidemic. In the week of March 7, the number of people applying for unemployment benefits for the first time in the United States was 211,000, a decrease of 4,000 compared to the previous week. It is still healthy. This shows that the United States is in a good employment track range. The actual data began to fluctuate, that is, the data for the week of March 14, the number of people applying for relief reached 282,000, a slight increase. On March 21, the number of people applying for unemployment benefits soared to a record high this week. 1.7 million people have far exceeded expectations, and market expectations are about 1.5 to 1.7 million people. It can be said...

Why has international oil(USO) prices plummeted?

As OPEC and Russia failed in negotiations and could not reach an agreement to reduce production, Saudi Arabia issued a comprehensive production increase announcement. Russia followed Saudi Arabia to increase production. Due to the sharp increase in oil supply, international oil prices plummeted, and US stocks were affected by the spread of the epidemic, and international oil prices The plunge, the U.S. stock market plummeted, triggering multiple fuses. S&P500 Index Oil is a commodity whose price is affected by supply and demand. When oil production increases, supply increases, prices fall, and at the same time affected by the epidemic, demand decreases, and prices also fall. Oil supply increases and demand decreases, which is the main cause of the plunge in international oil prices. In terms of oil supply, since the United States developed shale oil, US oil production has become the world's largest. The production cost of shale oil is more than US $ 40, which is the ...

Palantir stock forecast 2025: What kind of company is PLTR?

PLTR introduced today may be the most controversial company in the current market, not one of them. As a stock, he is the faith stock of many retail investors. Those who believe in it generally believe that its stock price can double at least ten times in the future. Catherine Wood, the president of the ARK Fund, nicknamed "the light of retail investors," continues to buy the stock, which is also highly sought after on the WSB forum; on the contrary, most analysts on Wall Street are not optimistic about its development. The average target price at the end of 2021 is still 10% lower than the current stock price. As a company, its revenue is growing steadily and rapidly, with an annual growth rate of about 30% per year. However, the company has never achieved profitability in the past 20 years since its establishment. As a high-tech enterprise, the company is full of various genius ideas and the top talents in the industry, but they are mostly engaged i...

TSM Stock Forecast and Price Target 2021

Today, I will analyze TSMC stocks in-depth with you. In the semiconductor sector, TSMC has always been my most promising stock. TSMC has just announced its results for the fourth quarter of 2020. At the same time, there are new developments in the entire chip industry recently. Therefore, today I will combine the financial report and chips. The latest developments in the industry to analyze the trend of TSMC stocks, First of all, we analyze TSMC’s fourth-quarter and full-year 2020 financial reports to see what are the key points worthy of investors’ attention. First, TSMC’s fourth-quarter revenue and profitability are very good. Compared with the outlook for Q4 in Q3, the outlook at that time was US$12.4-12.7 billion, and the actual revenue was US$12.68 billion. Actual revenue As the upper limit of the outlook, the gross profit margin outlook is 51.5%-53.5%, while the actual gross profit margin is 54%, which is better than the outlook. The operating net profit margin is expected t...

NIO stock forecast 2025: 2021 Q1 report analysis

April 30, NIO announced the first quarter of the 2021 financial report. Revenue reached 7.98 billion yuan, a year-on-year increase of 481.8%, and a month-on-month increase of 20.2%; gross profit was 1.5548 billion yuan, a month-on-month increase of 36.2%, and last year was -167.5 million yuan; a net loss of 350 million yuan was significantly narrowed year-on-year and month-on-month. Various indicators show that NIO's performance in the first quarter of this year is very impressive. Gross profit margin exceeds 20% for the first time NIO’s Q1 car sales were 7.40058 billion yuan, a year-on-year increase of 489.8% and a month-on-month increase of 20.0%. The gross profit margin of automobile sales was 21.2%, exceeding 20% for the first time, a significant increase from -7.4% in Q1 of 2020 and 17.2% in Q4 of 2020. In addition, Weilai's Q1 comprehensive gross profit margin in 2021 will also reach 19.5%. The founder, chairman, and CEO of NIO sai...

FinanceLinkway

Search This Blog