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Side-by-side financial comparison of Akso Health Group (AHG) and PDD Holdings Inc. (PDD). Click either name above to swap in a different company.

PDD Holdings Inc. is the larger business by last-quarter revenue ($15.2B vs $7.0M, roughly 2172.7× Akso Health Group). PDD Holdings Inc. runs the higher net margin — 27.1% vs -18.6%, a 45.7% gap on every dollar of revenue.

Akso Health Group is a global healthcare enterprise specializing in the R&D, production, and distribution of generic pharmaceuticals, over-the-counter wellness products, and medical devices. It primarily serves markets in China, Southeast Asia, and North America, with core business segments covering drug manufacturing, medical supply chains, and community healthcare services.

Pinduoduo is a Chinese online retailer, with a focus on the traditional agriculture industry. The business is the largest product of PDD Holdings, a company currently headquartered in Ireland that also owns the online marketplace Temu.

AHG vs PDD — Head-to-Head

Bigger by revenue
PDD
PDD
2172.7× larger
PDD
$15.2B
$7.0M
AHG
Higher net margin
PDD
PDD
45.7% more per $
PDD
27.1%
-18.6%
AHG

Income Statement — Q2 2026 vs Q3 2025

Metric
AHG
AHG
PDD
PDD
Revenue
$7.0M
$15.2B
Net Profit
$-1.3M
$4.1B
Gross Margin
8.9%
56.7%
Operating Margin
-20.5%
23.1%
Net Margin
-18.6%
27.1%
Revenue YoY
Net Profit YoY
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AHG
AHG
PDD
PDD
Q3 25
$7.0M
$15.2B
Q2 25
$14.5B
Q3 24
$14.2B
Q1 24
$12.0B
Q3 23
$9.4B
Q2 23
$7.2B
Q4 22
$5.8B
Q3 22
$5.0B
Net Profit
AHG
AHG
PDD
PDD
Q3 25
$-1.3M
$4.1B
Q2 25
$4.3B
Q3 24
$3.6B
Q1 24
$3.9B
Q3 23
$2.1B
Q2 23
$1.8B
Q4 22
$1.4B
Q3 22
$1.5B
Gross Margin
AHG
AHG
PDD
PDD
Q3 25
8.9%
56.7%
Q2 25
55.9%
Q3 24
60.0%
Q1 24
62.3%
Q3 23
61.0%
Q2 23
64.3%
Q4 22
77.6%
Q3 22
79.1%
Operating Margin
AHG
AHG
PDD
PDD
Q3 25
-20.5%
23.1%
Q2 25
24.8%
Q3 24
24.5%
Q1 24
29.9%
Q3 23
24.2%
Q2 23
24.3%
Q4 22
22.9%
Q3 22
29.4%
Net Margin
AHG
AHG
PDD
PDD
Q3 25
-18.6%
27.1%
Q2 25
29.6%
Q3 24
25.1%
Q1 24
32.3%
Q3 23
22.6%
Q2 23
25.1%
Q4 22
23.7%
Q3 22
29.8%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AHG
AHG
PDD
PDD
Cash + ST InvestmentsLiquidity on hand
$11.1M
$13.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$198.3M
$55.0B
Total Assets
$212.0M
$86.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AHG
AHG
PDD
PDD
Q3 25
$11.1M
$13.0B
Q2 25
$8.8B
Q3 24
$9.3B
Q1 24
$7.7B
Q3 23
$7.5B
Q2 23
$4.3B
Q4 22
$21.7B
Q3 22
$3.6B
Stockholders' Equity
AHG
AHG
PDD
PDD
Q3 25
$198.3M
$55.0B
Q2 25
$50.5B
Q3 24
$39.7B
Q1 24
$30.3B
Q3 23
$22.2B
Q2 23
$20.0B
Q4 22
$17.1B
Q3 22
$15.1B
Total Assets
AHG
AHG
PDD
PDD
Q3 25
$212.0M
$86.2B
Q2 25
$79.2B
Q3 24
$66.5B
Q1 24
$52.3B
Q3 23
$43.1B
Q2 23
$37.8B
Q4 22
$34.4B
Q3 22
$29.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AHG
AHG
PDD
PDD
Operating Cash FlowLast quarter
$1.2M
$6.4B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.56×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AHG
AHG
PDD
PDD
Q3 25
$1.2M
$6.4B
Q2 25
$3.0B
Q3 24
$3.9B
Q1 24
$2.9B
Q3 23
$4.5B
Q2 23
$3.2B
Q4 22
$7.0B
Q3 22
$1.6B
Cash Conversion
AHG
AHG
PDD
PDD
Q3 25
1.56×
Q2 25
0.70×
Q3 24
1.10×
Q1 24
0.75×
Q3 23
2.09×
Q2 23
1.78×
Q4 22
5.13×
Q3 22
1.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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