PDD vs UXIN
PDD Holdings Inc. and Uxin Ltd., side by side — 9 fiscal years reported in CNY, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | PDD | UXIN |
|---|---|---|
| Revenue | CNY 431.8B | CNY 3.2B |
| Net income | CNY 97.8B | CNY -262.5M |
| Gross margin | 56.3% | 6.7% |
| Net margin | 22.7% | −8.1% |
| Return on equity | 26.9% | — |
| Diluted EPS | CNY 16.50 | CNY 0.00 |
| Dividend / share | — | — |
| Payout ratio | — | — |
| Free cash flow | — | CNY -525.8M |
| Equity | CNY 413.4B | CNY -230.9M |
| Net debt / equity | — | — |
| Current ratio | 2.43× | 0.76× |
| Revenue CAGR 5y | 48.7% | 37.6% |
| Profit CAGR 5y | — | — |
PDD bills 133.3× the revenue of UXIN, and UXIN closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Revenue by year
9 years side by side
| Fiscal year | PDD | UXIN |
|---|---|---|
| FY2025 | CNY 431.8B | CNY 3.2B |
| FY2023 | CNY 247.6B | CNY 1.4B |
| FY2022 | CNY 130.6B | CNY 2.1B |
| FY2021 | CNY 93.9B | CNY 1.6B |
| FY2020 | CNY 59.5B | CNY 657.4M |
| FY2019 | CNY 30.1B | CNY 1.6B |
| FY2018 | CNY 13.1B | CNY 659.1M |
| FY2017 | CNY 1.7B | CNY 309.1M |
| FY2016 | CNY 504.9M | CNY 824.5M |
Net income by year
Bottom line
| Fiscal year | PDD | UXIN |
|---|---|---|
| FY2025 | CNY 97.8B | CNY -262.5M |
| FY2023 | CNY 60.0B | CNY -369.5M |
| FY2022 | CNY 31.5B | CNY -137.2M |
| FY2021 | CNY 7.8B | CNY -143.2M |
| FY2020 | CNY -7.2B | CNY -421.2M |
| FY2019 | CNY -7.0B | CNY -2.0B |
| FY2018 | CNY -10.2B | CNY -1.5B |
| FY2017 | CNY -525.1M | CNY -2.7B |
| FY2016 | CNY -292.0M | CNY -1.4B |