拼多多2022年三季度报告

PinduoduoAnnouncesSecondQuarter2022UnauditedFinancialResults August29,2022 SHANGHAI,China,Aug.29,2022(GLOBENEWSWIRE)--PinduoduoInc.(“Pinduoduo”orthe“Company”)(NASDAQ:PDD),China’slargestagricultureplatform,todayannounceditsunauditedfinancialresultsforthesecondquarterendedJune30,2022. SecondQuarter2022Highlights TotalrevenuesinthequarterwereRMB31,439.6million(US$14,693.8million),anincreaseof36%fromRMB23,046.2millioninthesamequarterof2021. OperatingprofitinthequarterwasRMB8,697.2million(US$1,298.5million),anincreaseof335%fromRMB1,997.5millioninthesamequarterof2021.Non-GAAP2operatingprofitinthequarterwasRMB10,541.5million(US$1,573.8million),anincreaseof231%fromRMB3,185.2millioninthesamequarterof2021. NetincomeattributabletoordinaryshareholdersinthequarterwasRMB8,896.3million(US$1,328.2million),anincreaseof268%fromRMB2,414.6millioninthesamequarterof2021.Non-GAAPnetincomeattributabletoordinaryshareholdersinthequarterwasRMB10,776.3million(US$1,608.9million),anincreaseof161%fromRMB4,125.3millioninthesamequarterof2021. “Wesawarecoveryinconsumersentimentinthesecondquarterespeciallyduringthe618shoppingfestival,areflectionoftheresilienceofoverallconsumption,”saidMr.LeiChen,ChairmanandChiefExecutiveOfficerofPinduoduo.“Weremaincommittedtobuildingaplatformthatservesasaforceforgood.” “Thepostponementofcertainprojectsandlowerbusiness-relatedexpensesduringthefirsthalfofthequarteraffectedoverallexpensesinshortterm,”saidMs.JunLiu,VPofFinanceofPinduoduo.“Lookingahead,westaydedicatedtoinvestinginareassuchasagricultureandR&Dtobetterserveourconsumers.” 1ThisannouncementcontainstranslationsofcertainRenminbi(RMB)amountsintoU.S.dollars(US$)ataspecifiedratesolelyfortheconvenienceofthereader.Unlessotherwisenoted,thetranslationofRMBintoUS$hasbeenmadeatRMB6.6981toUS$1.00,thenoonbuyingrateineffectonJune30,2022assetforthintheH.10StatisticalReleaseoftheFederalReserveBoard. 2TheCompany’snon-GAAPfinancialmeasuresexcludeshare-basedcompensationexpenses,fairvaluechangeoflong-terminvestments,andinterestexpensesrelatedtotheconvertiblebonds’amortizationtofacevalueandgainorlossonextinguishment.See“ReconciliationofNon-GAAPMeasurestoTheMostDirectlyComparableGAAPMeasures”setforthattheendofthispressrelease. SecondQuarter2022UnauditedFinancialResults TotalrevenueswereRMB31,439.6million(US$4,693.8million),anincreaseof36%fromRMB23,046.2millioninthesamequarterof2021.Theincreasewasprimarilyduetoanincreaseinrevenuesfromonlinemarketingservicesandtransactionservices,offsetbythedecreaseofrevenuesfrommerchandisesales. RevenuesfromonlinemarketingservicesandotherswereRMB25,172.7million(US$3,758.2million),anincreaseof39%fromRMB18,080.4millioninthesamequarterof2021. RevenuesfromtransactionserviceswereRMB6,216.2million(US$928.1million),anincreaseof107%fromRMB3,007.6millioninthesamequarterof2021. RevenuesfrommerchandisesaleswereRMB50.7million(US$7.6million),adecreaseof97%fromRMB1,958.2millioninthesamequarterof2021. TotalcostsofrevenueswereRMB7,961.9million(US$1,188.7million),aslightincreaseof1%fromRMB7,897.9millioninthesamequarterof2021. TotaloperatingexpenseswereRMB14,780.5million(US$2,206.7million),comparedwithRMB13,150.9millioninthesamequarterof2021. SalesandmarketingexpenseswereRMB11,343.4million(US$1,693.5million),anincreaseof9%fromRMB10,387.9millioninthesamequarterof2021,mainlyduetoincreasedspendinginpromotionandadvertisingactivities. GeneralandadministrativeexpenseswereRMB825.7million(US$123.3million),anincreaseof90%fromRMB434.2millioninthesamequarterof2021,primarilyduetoanincreaseinstaffrelatedcosts. ResearchanddevelopmentexpenseswereRMB2,611.4million(US$389.9million),anincreaseof12%fromRMB2,328.8millioninthesamequarterof2021.TheincreasewasprimarilyduetoanincreaseinheadcountandtherecruitmentofmoreexperiencedR&Dpersonnel. OperatingprofitinthequarterwasRMB8,697.2million(US$1,298.5million),anincreaseof335%fromRMB1,997.5millioninthesamequarterof2021.Non-GAAPoperatingprofitinthequarterwasRMB10,541.5million(US$1,573.8million),anincreaseof231%fromRMB3,185.2millioninthesamequarterof2021. NetincomeattributabletoordinaryshareholdersinthequarterwasRMB8,896.3million(US$1,328.2million),anincreaseof268%fromRMB2,414.6millioninthesamequarterof2021.Non-GAAPnetincomeattributabletoordinaryshareholdersinthequarterwasRMB10,776.3million(US$1,608.9million),anincreaseof161%fromRMB4,125.3millioninthesamequarterof2021. BasicearningsperADSwasRMB7.06(US$1.05)anddilutedearningsperADSwasRMB6.22(US$0.93),comparedwithbasicearningsperADSofRMB1.93anddilutedearningsperADSofRMB1.69inthesamequarterof2021.Non-GAAPdilutedearningsperADSwasRMB7.54(US$1.13),comparedwithRMB2.85inthesamequarterof2021. NetcashflowgeneratedfromoperatingactivitieswasRMB19,373.9million(US$2,892.4million),comparedwithRMB7,371.2millioninthesamequarterof2021,mainlyduetotheincreaseinnetincomeandthechangesinworkingcapitals. Cash,cashequivalentsandshort-terminvestmentswereRMB119.4billion(US$17.8billion)asofJune30,2022,comparedwithRMB92.9billionasofDecember31,2021. ConferenceCall TheCompanywillhostaconferencecalltodiscusstheearnin