Float Checker
Low float — few shares available to trade — is what makes small-caps explode and crash. Enter a ticker for its shares outstanding (straight from SEC filings) and a low-float read.
Fetching PDD’s share count…
Low float — few shares available to trade — is what makes small-caps explode and crash. Enter a ticker for its shares outstanding (straight from SEC filings) and a low-float read.
Fetching PDD’s share count…
This company’s cover-page share count was last filed on 2025-12-31 — 241 days ago. Anything can have happened since: a reverse split, a share consolidation, or heavy issuance, each of which moves the number by multiples rather than percent. We show what was filed and refuse to turn it into a float verdict. Check the company’s latest filing before relying on it.
5,693,585,848 ordinary ÷ 4 ordinary per ADS = 1,423,396,462 ADS
The ratio is not in XBRL. It is stated in the company’s own filing (20-F filed 2026-04-29):
“statements included in this annual report. Item 9. The Offer and Listing A. Offering and Listing Details Our ADSs, each representing four Class A ordinary shares, have been listed on the Nasdaq Stock Market since July 26, 2018. Our ADSs trade under the symbol PDD. B. Plan of Distribution Not applicable. C. Markets Our ADSs, each representing four Class A ordinary shares, have been listed on the Nasdaq Stock Market si” 20-F, 2026-04-29 →
Read from prose rather than tagged data, so it is shown rather than asserted. An issuer can change its ADS ratio at any time — XHG changed it five times in two years — and we take the one with the newest effective date, not the newest mention.
⚠ This is shares outstanding — the confident, SEC-filed number. True float is that minus shares held by insiders, affiliates, and 5%+ owners (a figure no source files directly; every site estimates it). For most small-caps shares outstanding is a close upper bound on float. We show the honest number rather than a fake-precise estimate.