拼多多2023年一季度报告

PDDHoldingsAnnouncesFirstQuarter2023UnauditedFinancialResults May26,2023 DUBLINandSHANGHAI,May26,2023(GLOBENEWSWIRE)--PDDHoldingsInc.(“PDDHoldings”orthe“Company”)(NASDAQ:PDD),todayannounceditsunauditedfinancialresultsforthefirstquarterendedMarch31,2023. FirstQuarter2023Highlights TotalrevenuesinthequarterwereRMB37,637.1million(US$15,480.4million),anincreaseof58%fromRMB23,793.7millioninthesamequarterof2022. OperatingprofitinthequarterwasRMB6,929.0million(US$1,008.9million),anincreaseof222%fromRMB2,154.4millioninthesamequarterof2022.Non-GAAP2operatingprofitinthequarterwasRMB8,462.4million(US$1,232.2million),anincreaseof130%fromRMB3,677.2millioninthesamequarterof2022. NetincomeattributabletoordinaryshareholdersinthequarterwasRMB8,101.0million(US$1,179.6million),anincreaseof212%fromRMB2,599.5millioninthesamequarterof2022.Non-GAAPnetincomeattributabletoordinaryshareholdersinthequarterwasRMB10,126.4million(US$1,474.5million),anincreaseof141%fromRMB4,200.4millioninthesamequarterof2022. “Technologyisthecornerstoneofsustainableandinclusivegrowththatcreatespositivevalueforsociety,”saidMr.LeiChen,ChairmanandCo-ChiefExecutiveOfficerofPDDHoldings.“WewillchannelmoreresourcestoR&Dasitisthekeycatalystindrivingefficiencyanduncoveringopportunities.” “Weareenteringanewphaseofdevelopmentwherewearefullycommittedtofosteringhigh-qualitygrowthandfurtherstrengtheningourecosystem,”saidMr.JiazhenZhao,ExecutiveDirectorandCo-ChiefExecutiveOfficerofPDDHoldings.“Wearelaunchingadedicated‘10BillionEcosystemInitiative’tofacilitateanenvironmentwherequalitymerchantscanflourish.” “Patientinvestmentisessentialforustopromoteecosystemvibrancyandsustainability,”saidMs.JunLiu,VPofFinanceatPDDHoldings.“Wearestillintheinvestmentstage,andweplantostepupourinvestmenttofurthersupportqualitygrowth.” 1ThisannouncementcontainstranslationsofcertainRenminbi(RMB)amountsintoU.S.dollars(US$)ataspecifiedratesolelyfortheconvenienceofthereader.Unlessotherwisenoted,thetranslationofRMBintoUS$hasbeenmadeatRMB6.8676toUS$1.00,thenoonbuyingrateineffectonMarch31,2023assetforthintheH.10StatisticalReleaseoftheFederalReserveBoard. 2TheCompany’snon-GAAPfinancialmeasuresexcludeshare-basedcompensationexpenses,fairvaluechangeofcertaininvestments,andinterestexpensesrelatedtotheconvertiblebonds’amortizationtofacevalue.See“ReconciliationofNon-GAAPMeasurestoTheMostDirectlyComparableGAAPMeasures”setforthattheendofthispressrelease. FirstQuarter2023UnauditedFinancialResults TotalrevenueswereRMB37,637.1million(US$5,480.4million),anincreaseof58%fromRMB23,793.7millioninthesamequarterof2022.Theincreasewasprimarilyduetoanincreaseinrevenuesfromonlinemarketingservicesandtransactionservices. RevenuesfromonlinemarketingservicesandotherswereRMB27,244.4million(US$3,967.1million),anincreaseof50%fromRMB18,202.3millioninthesamequarterof2022. RevenuesfromtransactionserviceswereRMB10,392.6million(US$1,513.3million),anincreaseof86%fromRMB5,591.4millioninthesamequarterof2022. TotalcostsofrevenueswereRMB11,125.3million(US$1,620.0million),anincreaseof55%fromRMB7,159.6millioninthesamequarterof2022.Theincreasemainlycamefromtheincreasedfulfilmentfeesandpaymentprocessingfees. TotaloperatingexpenseswereRMB19,582.7million(US$2,851.5million),anincreaseof35%fromRMB14,479.7millioninthesamequarterof2022.Theincreasewasprimarilyduetoanincreaseinsalesandmarketingexpenses. SalesandmarketingexpenseswereRMB16,259.7million(US$2,367.6million),anincreaseof45%fromRMB11,219.1millioninthesamequarterof2022,mainlyduetotheincreasedspendinginpromotionandadvertisingactivities. GeneralandadministrativeexpenseswereRMB816.4million(US$118.9million),anincreaseof38%fromRMB592.1millioninthesamequarterof2022,primarilyduetoanincreaseinstaffrelatedcosts. ResearchanddevelopmentexpenseswereRMB2,506.7million(US$365.0million),aslightdecreaseof6%fromRMB2,668.5millioninthesamequarterof2022. OperatingprofitinthequarterwasRMB6,929.0million(US$1,008.9million),anincreaseof222%fromRMB2,154.4millioninthesamequarterof2022.Non-GAAPoperatingprofitinthequarterwasRMB8,462.4million(US$1,232.2million),anincreaseof130%fromRMB3,677.2millioninthesamequarterof2022. NetincomeattributabletoordinaryshareholdersinthequarterwasRMB8,101.0million(US$1,179.6million),anincreaseof212%fromRMB2,599.5millioninthesamequarterof2022.Non-GAAPnetincomeattributabletoordinaryshareholdersinthequarterwasRMB10,126.4million(US$1,474.5million),anincreaseof141%fromRMB4,200.4millioninthesamequarterof2022. BasicearningsperADSwasRMB6.13(US$0.89)andthedilutedearningsperADSwasRMB5.55(US$0.81),comparedwithbasicearningsperADSofRMB2.06anddilutedearningsperADSofRMB1.84inthesamequarterof2022.Non-GAAPdilutedearningsperADSwasRMB6.92(US$1.01),comparedwithRMB2.95inthesamequarterof2022. NetcashgeneratedfromoperatingactivitieswasRMB1,338.0million(US$194.8million),comparedwithnetcashusedinoperatingactivitiesofRMB9,068.1millioninthesamequarterof2022,mainlyduetotheincreaseinnetincomeandthechangesinworkingcapitals. Cash,cashequivalentsandshort-terminvestmentswereRMB157.0billion(US$22.9billion)asofMarch31,202