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Pinduoduo shares tumbled nearly 11% in premarket trading after announcing its financial results for Q3.

Tiger Newspress2021-11-26

Pinduoduo shares tumbled nearly 11% in premarket trading after announcing its financial results for Q3.

Third Quarter 2021 Highlights

  • Total revenues in the quarter were RMB21,505.8 million, an increase of 51% from RMB14,209.8 million in the same quarter of 2020.
  • Average monthly active users in the quarter was 741.5 million, an increase of 15% from 643.4 million in the same quarter of 2020.
  • Active buyers in the twelve-month period ended September 30, 2021 was 867.3 million, an increase of 19% from 731.3 million in the twelve-month period ended September 30, 2020.
  • Operating profit in the quarter was RMB2,139.3 million, compared with operating loss of RMB1,295.7 million in the same quarter of 2020.Non-GAAP4 operating profit in the quarter was RMB3,260.7 million (US$506.1 million), compared with non-GAAP operating loss of RMB339.8 million in the same quarter of 2020.
  • Net income attributable to ordinary shareholders in the quarter was RMB1,640.0 million, compared with net loss of RMB784.7 million in the same quarter of 2020.Non-GAAP net income attributable to ordinary shareholders in the quarter was RMB3,150.2 million (US$488.9 million), compared with RMB466.4 million in the same quarter of 2020.

For the third quarter, the Zacks Consensus Estimate for sales is pegged at $4.31 billion.

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评论23

  • angel go go
    ·2021-11-29
    Good
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  • sunshine138
    ·2021-11-29
    MM at it best
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  • Barbarazhao
    ·2021-11-27
    Hopefully it will perform well in future 
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  • JCKL488
    ·2021-11-27
    It’s just a knee jerk reaction   I believe the share price will recover quickly 
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  • 33054288
    ·2021-11-27
    💭
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  • ming22
    ·2021-11-27
    Undervalue, top up [财迷] 
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  • Rara08
    ·2021-11-26
    Omg
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  • jovrene
    ·2021-11-26
    Ok
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  • DesmondChin
    ·2021-11-26
    If you say the stock price priced in alot expectation, then the price drop justifiable. But then the price had drop so much, then this price slump even after this not too bad result? 
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    • tkj
      let's hope the drop could be due to the overall market sentiment. dow is down a few hundred points
      2021-11-27
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  • Lifestyle
    ·2021-11-26
    Sell on the news 🤔
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    • KGTAN
      Bad news?
      2021-11-26
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  • May88888
    ·2021-11-26
    Ok
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    • May88888
      ok
      2021-11-26
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  • shuzyst
    ·2021-11-26
    Ok
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  • Natlow
    ·2021-11-26
    Ok
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    • SanWan
      ok
      2021-11-26
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    • shuzyst
      ok
      2021-11-26
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    • Natlow
      ok
      2021-11-26
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  • jasonpstt
    ·2021-11-26
    Ok
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  • Sporeshare
    ·2021-11-26
    Result is Good why price kena sold down 
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  • OpenMind
    ·2021-11-26
    What is with the title ? 
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    • JemLIm
      ok
      2021-11-26
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    • Jchptan
      Hi
      2021-11-26
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  • Rustyx
    ·2021-11-26
    Like pls
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  • koolgal
    ·2021-11-26
    Well done Pinduoduo!  Now we need to get your stock price back up again! Go Pinduoduo! 🚀🚀🚀🌙🌙🌙
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    • koolgal
      Thanks
      2021-11-27
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    • 3f585b4d
      👍
      2021-11-27
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    • koolgal
      Thanks
      2021-11-27
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  • Badanu
    ·2021-11-26
    Ok
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