拼多多2022年四季度报告

PDDHoldingsAnnouncesFourthQuarter2022andFiscalYear2022UnauditedFinancialResults March20,2023 DUBLINandSHANGHAI,March20,2023(GLOBENEWSWIRE)--PDDHoldingsInc.(“PDDHoldings”orthe“Company”)(NASDAQ:PDD),todayannounceditsunauditedfinancialresultsforthefourthquarterandthefiscalyearendedDecember31,2022. FourthQuarter2022Highlights TotalrevenuesinthequarterwereRMB39,820.0million(US$15,773.4million),anincreaseof46%fromRMB27,230.9millioninthesamequarterof2021. OperatingprofitinthequarterwasRMB9,113.7million(US$1,321.4million),anincreaseof32%fromRMB6,907.0millioninthesamequarterof2021.Non-GAAP2operatingprofitinthequarterwasRMB11,600.1million(US$1,681.9million),anincreaseof38%fromRMB8,399.7millioninthesamequarterof2021. NetincomeattributabletoordinaryshareholdersinthequarterwasRMB9,453.7million(US$1,370.7million),anincreaseof43%fromRMB6,619.5millioninthesamequarterof2021.Non-GAAPnetincomeattributabletoordinaryshareholdersinthequarterwasRMB12,105.8million(US$1,755.2million),anincreaseof43%fromRMB8,444.4millioninthesamequarterof2021. “In2022,wefocusedonstrengtheningourcorecapabilitiestoimproveourtechnologicalknow-howandbringthebenefitsofdigitalizationtosociety,”saidMr.LeiChen,ChairmanandChiefExecutiveOfficerofPDDHoldings.“Asweenterthenewyear,weremaindedicatedtocreatingvalueforallstakeholdersthroughinnovation.” “WecontinuedourtechnologyfocuswithourannualR&DspendingexceedingRMB10billion,”saidMs.JunLiu,VPofFinanceofPDDHoldings.“Wewillfurtherstepupourinvestmentsintechnologytodrivesustainablegrowthofourcompany.” 1ThisannouncementcontainstranslationsofcertainRenminbi(RMB)amountsintoU.S.dollars(US$)ataspecifiedratesolelyfortheconvenienceofthereader.Unlessotherwisenoted,thetranslationofRMBintoUS$hasbeenmadeatRMB6.8972toUS$1.00,thenoonbuyingrateineffectonDecember30,2022assetforthintheH.10StatisticalReleaseoftheFederalReserveBoard. 2TheCompany’snon-GAAPfinancialmeasuresexcludeshare-basedcompensationexpenses,fairvaluechangeofcertaininvestments,andinterestexpensesrelatedtotheconvertiblebonds’amortizationtofacevalueandgainorlossonextinguishment.See“ReconciliationofNon-GAAPMeasurestoTheMostDirectlyComparableGAAPMeasures”setforthattheendofthispressrelease. FourthQuarter2022FinancialResults TotalrevenueswereRMB39,820.0million(US$5,773.4million),anincreaseof46%fromRMB27,230.9millioninthesamequarterof2021.Theincreasewasprimarilyduetoanincreaseinrevenuesfromonlinemarketingservicesandtransactionservices,partiallyoffsetbythedecreaseofrevenuesfrommerchandisesales. RevenuesfromonlinemarketingservicesandotherswereRMB30,965.2million(US$4,489.5million),anincreaseof38%fromRMB22,425.0millioninthesamequarterof2021. RevenuesfromtransactionserviceswereRMB8,796.6million(US$1,275.4million),anincreaseof86%fromRMB4,724.2millioninthesamequarterof2021. RevenuesfrommerchandisesaleswereRMB58.2million(US$8.4million),adecreaseof29%fromRMB81.7millioninthesamequarterof2021. TotalcostsofrevenueswereRMB8,926.7million(US$1,294.3million),anincreaseof37%fromRMB6,515.5millioninthesamequarterof2021.Theincreasemainlycamefromtheincreasedservercostduetoaone-offrebateinthefourthquarterof2021andincreasedfulfilmentfees. TotaloperatingexpenseswereRMB21,779.6million(US$3,157.7million),comparedwithRMB13,808.4millioninthesamequarterof2021. SalesandmarketingexpenseswereRMB17,732.4million(US$2,571.0million),anincreaseof56%fromRMB11,365.8millioninthesamequarterof2021,mainlyduetotheincreasedspendinginpromotionandadvertisingactivities. GeneralandadministrativeexpenseswereRMB1,640.5million(US$237.9million),anincreaseof291%fromRMB420.0millioninthesamequarterof2021,primarilyduetoanincreaseinstaffrelatedcosts. ResearchanddevelopmentexpenseswereRMB2,406.7million(US$348.9million),anincreaseof19%fromRMB2,022.6millioninthesamequarterof2021.TheincreasewasprimarilyduetoanincreaseinheadcountandtherecruitmentofmoreexperiencedR&Dpersonnelandservercost. OperatingprofitinthequarterwasRMB9,113.7million(US$1,321.4million),anincreaseof32%fromRMB6,907.0millioninthesamequarterof2021.Non-GAAPoperatingprofitinthequarterwasRMB11,600.1million(US$1,681.9million),anincreaseof38%fromRMB8,399.7millioninthe samequarterof2021. NetincomeattributabletoordinaryshareholdersinthequarterwasRMB9,453.7million(US$1,370.7million),anincreaseof43%fromRMB6,619.5millioninthesamequarterof2021.Non-GAAPnetincomeattributabletoordinaryshareholdersinthequarterwasRMB12,105.8million(US$1,755.2million),anincreaseof43%fromRMB8,444.4millioninthesamequarterof2021. BasicearningsperADSwasRMB7.42(US$1.08)andthedilutedearningsperADSwasRMB6.52(US$0.95),comparedwithbasicearningsperADSofRMB5.26anddilutedearningsperADSofRMB4.66inthesamequarterof2021.Non-GAAPdilutedearningsperADSwasRMB8.34(US$1.21),comparedwithRMB5.88inthesamequarterof2021. NetcashgeneratedfromoperatingactivitieswasRMB26,550.3million(US$3,849.4million),comparedwithRMB16,399.8millioninthesamequarterof2021,mainlyduetotheincreaseinnetincomeandthechangesinworkingcapitals. Cash,cashequivalentsandshort-terminvestmentswereRMB149.4billion(US$21.7billion)asofDecember31,2022,comparedwithRMB92