POM on NYSE
Pepco Holdings, Inc.
Logo: Pepco Holdings, Inc., Public domain, via Wikimedia Commons4
Defunct American corporation
Pepco Holdings was a holding company incorporated in February 2001 for the purpose of effecting the acquisition of Conectiv Power Delivery by Potomac Electric Power Company (better known as "Pepco"). The acquisition was completed on August 1, 2002, at which time Pepco and Conectiv became wholly owned subsidiaries of PHI. Conectiv itself had been formed in 1998 to be the holding company of Delmarva Power & Light Company (DPL, better known as "Delmarva Power") and Atlantic City Electric Company (ACE) in connection with the combination of DPL and ACE. In 2005, PHI resumed the use of the Delmarva3 From Wikipedia, CC BY-SA 4.0
Price unavailable
Last updated Oct 16, 2026.
Overview
- TickerPOM on NYSE1
- Industryenergy supply1
- HeadquartersWashington, D.C.1
- Websitewww.pepcoholdings.com
- Legal formlimited liability company1
See how the biggest companies compare on our leaderboards
Pepco Holdings was a holding company incorporated in February 2001 for the purpose of effecting the acquisition of Conectiv Power Delivery by Potomac Electric Power Company (better known as "Pepco"). The acquisition was completed on August 1, 2002, at which time Pepco and Conectiv became wholly owned subsidiaries of PHI. Conectiv itself had been formed in 1998 to be the holding company of Delmarva Power & Light Company (DPL, better known as "Delmarva Power") and Atlantic City Electric Company (ACE) in connection with the combination of DPL and ACE. In 2005, PHI resumed the use of the Delmarva Power and ACE brands for purposes of operations, with the result that Conectiv Energy was the only remaining Conectiv brand and was restricted for PHI's energy production facilities. Operations of the various companies controlled by Pepco Holdings take place in the Mid-Atlantic states of the United States. Pepco serves Washington, D.C., and its Maryland suburbs, Delmarva Power serves the Delaware and Maryland portions of the Delmarva Peninsula, and Atlantic City Electric serves South Jersey. In 2008, Delmarva Power sold its service area in the Virginia portion of the peninsula to A&N Electric Cooperative and Old Dominion Electric Cooperative for US$44 million. In April 2010, Conectiv Energy was sold to Calpine Corporation.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
pharmaceuticals Supply Chain brought in 62% of the revenue Pepco Holdings, Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| pharmaceuticals Supply Chain | 233.8M CNY | 253.5M CNY | 249.2M CNY |
| Internet Hospital | 71.0M CNY | 89.0M CNY | 150.7M CNY |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue87¢$49.7M
- Research and development3¢$1.8M
- Other costs10¢$5.6M
- Income tax0¢$54
Out of $57.2M in revenue.5 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement in the latest annual report, as filed.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net revenues | 399.9M CNY | 342.6M CNY | 304.9M CNY |
| Cost of revenues | 347.6M CNY | 294.9M CNY | 266.1M CNY |
| Gross profit | 52.3M CNY | 47.7M CNY | 38.7M CNY |
| Sales and marketing expenses (including related party amounts of nil, nil and RMB1,172,706 (US$167,695) for the years ended December 31, 2023, 2024 and 2025, respectively) | 96.2M CNY | 56.4M CNY | 43.7M CNY |
| General and administrative expenses | 59.7M CNY | 11.9M CNY | 12.3M CNY |
| Research and development expenses | 12.9M CNY | 3.0M CNY | 3.4M CNY |
| Impairment loss on long-lived assets | 2.1M CNY | 2.2M CNY | 1.1M CNY |
| Impairment loss on long-term investment | 500.0K CNY | ||
| Total operating expenses | 170.9M CNY | 73.5M CNY | 61.0M CNY |
| Loss from operations | -118.6M CNY | -25.8M CNY | -22.2M CNY |
| Other income | 496.1K CNY | 1.2M CNY | 163.6K CNY |
| Other expense | -60.3K CNY | -37.6K CNY | -1.3M CNY |
| Interest expense (including related party amounts of RMB9,900,417, RMB8,621,249 and RMB8,118,160 (US$1,160,881) for the year ended December 31, 2023, 2024 and 2025, respectively) | -12.9M CNY | -13.0M CNY | -13.8M CNY |
| Government grants | 152.6K CNY | 189.5K CNY | 321.6K CNY |
| Total other expense, net | -12.3M CNY | -11.6M CNY | -14.7M CNY |
| Loss before income tax | -130.9M CNY | -37.4M CNY | -36.9M CNY |
| Income tax expense | -375 CNY | ||
| Net loss | -130.9M CNY | -37.4M CNY | -36.9M CNY |
| Accretion to redemption value of mezzanine equity | -81.6M CNY | -106.0M CNY | -108.4M CNY |
| Less: Net income (loss) attributable to noncontrolling interests | -1.5K CNY | 25.9K CNY | 1.1K CNY |
| Net loss attributable to the Pomdoctor Limiteds ordinary shareholders | -212.6M CNY | -143.4M CNY | -145.4M CNY |
| Net loss | -130.9M CNY | -37.4M CNY | -36.9M CNY |
| Foreign currency translation adjustments, net of nil income taxes | -1.7M CNY | -5.2K CNY | |
| Total comprehensive loss | -132.7M CNY | -37.4M CNY | -36.9M CNY |
| Comprehensive loss attributable to the Pomdoctor Limiteds ordinary shareholders | -214.3M CNY | -143.4M CNY | -145.4M CNY |
| Basic (in Dollars per share and Yuan Renminbi per share) | -21.96 CNY | -22.72 CNY | -23.04 CNY |
| Diluted (in Dollars per share and Yuan Renminbi per share) | -21.96 CNY | -22.72 CNY | -23.04 CNY |
| Basic (in Shares) | 9.7M shares | 6.3M shares | 6.3M shares |
| Diluted (in Shares) | 9.7M shares | 6.3M shares | 6.3M shares |
No quarterly figures reported.
Every line of the balance sheet in the latest annual report, as filed.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents (including amounts of the consolidated VIEs of RMB7,596,708 and RMB8,445,208 (US$1,207,649) as of December 31, 2024 and 2025, respectively) | 9.6M CNY | 7.7M CNY | 6.7M CNY |
| Accounts receivable, net (including amounts of the consolidated VIEs of RMB8,374,608 and RMB18,440,482 (US$2,636,954) as of December 31, 2024 and 2025, respectively) | 18.4M CNY | 8.4M CNY | |
| Accounts receivable - a related party (including amounts of the consolidated VIEs of RMB424,259 and RMB831,436 (US$118,894) as of December 31, 2024 and 2025, respectively) | 831.4K CNY | 424.3K CNY | |
| Inventories (including amounts of the consolidated VIEs of RMB9,165,973 and RMB8,280,145 (US$1,184,045) as of December 31, 2024 and 2025, respectively) | 8.3M CNY | 9.2M CNY | |
| Other receivables, net (including amounts of the consolidated VIEs of RMB5,318,724 and RMB5,824,886 (US$832,948) as of December 31, 2024 and 2025, respectively) | 63.5M CNY | 5.3M CNY | |
| Advances to suppliers (including amounts of the consolidated VIEs of RMB929,167 and RMB679,196 (US$97,124) as of December 31, 2024 and 2025, respectively) | 679.2K CNY | 929.2K CNY | |
| Total current assets | 105.0M CNY | 37.5M CNY | |
| Property and equipment, net (including amounts of the consolidated VIEs of RMB461,362 and RMB1,246,568 (US$178,257) as of December 31, 2024 and 2025, respectively) | 1.2M CNY | 461.4K CNY | |
| Other non-current assets (including amounts of the consolidated VIEs of RMB831,132 and RMB1,344,232 (US$192,223) as of December 31, 2024 and 2025, respectively) | 1.3M CNY | 831.1K CNY | |
| Deferred offering costs (including amounts of the consolidated VIEs of RMB7,437,679 and nil as of December 31, 2024 and 2025, respectively) | 7.4M CNY | ||
| Total non-current assets | 2.6M CNY | 8.7M CNY | |
| Total assets | 107.6M CNY | 46.2M CNY | |
| Accounts payable | 44.8M CNY | 25.3M CNY | |
| Short-term bank loans | 53.0M CNY | 35.0M CNY | |
| Loans from related parties, current (including amounts of the consolidated VIEs of RMB13,821,875 and RMB15,198,309 (US$2,173,329) as of December 31, 2024 and 2025, respectively) | 15.2M CNY | 13.8M CNY | |
| Total current liabilities | 218.2M CNY | 179.1M CNY | |
| Long-term bank loans, noncurrent (including amounts of the consolidated VIEs of RMB8,400,000 and RMB11,000,000 (US$1,572,979) as of December 31, 2024 and 2025, respectively) | 11.0M CNY | 8.4M CNY | |
| Operating lease liabilities, noncurrent (including amounts of the consolidated VIEs of RMB1,672,218 and RMB1,294,510 (US$185,112) as of December 31, 2024 and 2025, respectively) | 1.3M CNY | 1.7M CNY | |
| Total non-current liabilities | 370.7M CNY | 366.8M CNY | |
| Total liabilities | 588.9M CNY | 545.9M CNY | |
| Convertible redeemable preferred shares (US$0.0001 par value; 12,597,228 shares authorized, 12,597,228 shares and nil issued and outstanding as of December 31, 2024 and 2025, respectively) | 1.6B CNY | ||
| Redeemable non-controlling interests | 168.7M CNY | ||
| Total mezzanine equity | 1.8B CNY | ||
| Subscription receivable | -2.2K CNY | -1.6K CNY | |
| Additional paid-in capital | 2.0B CNY | ||
| Accumulated deficit | -2.5B CNY | -2.3B CNY | -2.1B CNY |
| Accumulated other comprehensive (loss) | -1.8M CNY | -5.2K CNY | |
| Total Pomdoctor Limiteds shareholders deficit | -454.0M CNY | -2.3B CNY | |
| Noncontrolling interests | -27.3M CNY | 18.2K CNY | |
| Total deficit | -481.3M CNY | -2.3B CNY | -2.1B CNY |
| Total liabilities, mezzanine equity and deficit | 107.6M CNY | 46.2M CNY | |
| Operating lease liabilities, current (including amounts of the consolidated VIEs of RMB1,388,863 and RMB1,545,002 (US$220,932) as of December 31, 2024 and 2025, respectively) | 1.5M CNY | 1.4M CNY | |
| Long-term bank loans, current (including amounts of the consolidated VIEs of RMB300,000 and RMB3,700,000 (US$529,093) as of December 31, 2024 and 2025, respectively) | 3.7M CNY | 300.0K CNY | |
| Salary and welfare payable (including amounts of the consolidated VIEs of RMB15,375,537 and RMB14,477,975 (US$2,070,323) as of December 31, 2024 and 2025, respectively) | 14.5M CNY | 15.4M CNY | |
| Advance from customers (including amounts of the consolidated VIEs of RMB1,756,046 and RMB1,591,131 (US$227,529) as of December 31, 2024 and 2025, respectively) | 1.6M CNY | 1.8M CNY | |
| Value added tax (VAT) and other tax payable (including amounts of the consolidated VIEs of RMB815,462 and RMB658,492 (US$94,163) as of December 31, 2024 and 2025, respectively) | 659.0K CNY | 815.5K CNY | |
| Other payables (including amounts of the consolidated VIEs of RMB12,888,550 and RMB11,817,179 (US$1,689,838) as of December 31, 2024 and 2025, respectively) | 11.8M CNY | 12.9M CNY | |
| Accrued liabilities (including amounts of the consolidated VIEs of RMB9,712,966 and RMB14,231,003 (US$2,035,006) as of December 31, 2024 and 2025, respectively) | 14.6M CNY | 9.7M CNY | |
| Long-term loans, current | 10.0M CNY | 10.0M CNY | |
| Amount due to related parties | 2.1M CNY | ||
| Convertible redeemable preferred shares, par value (in Dollars per share and Yuan Renminbi per share) | 0.00 CNY | 0.00 CNY | |
| Convertible redeemable preferred shares, shares authorized (in Shares) | 12.6M shares | 12.6M shares | |
| Convertible redeemable preferred shares, shares issued (in Shares) | 12.6M shares | ||
| Convertible redeemable preferred shares, shares outstanding (in Shares) | 12.6M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -130.9M CNY | -37.4M CNY | -36.9M CNY |
| Depreciation of property and equipment | 149.3K CNY | 134.5K CNY | 112.1K CNY |
| Change in expected credit losses | -241.0K CNY | 841.7K CNY | 1.5M CNY |
| Allowance for inventory | 1.9M CNY | 494.5K CNY | 503.1K CNY |
| Share base payment | 16.4M CNY | ||
| Impairment loss on long-lived assets | 2.1M CNY | 2.2M CNY | 1.1M CNY |
| Impairment loss on long-term investment | 500.0K CNY | ||
| Gain/(Loss) on disposal of property and equipment | -3.9K CNY | ||
| Accounts receivable | -10.1M CNY | 20.3M CNY | -1.3M CNY |
| Accounts receivable a related party | -407.2K CNY | -424.3K CNY | |
| Amount due from related parties | 2.0M CNY | -3.2M CNY | 831.7K CNY |
| Inventories | -997.8K CNY | 3.0M CNY | -5.0M CNY |
| Other receivables | -57.9M CNY | -210.0K CNY | -4.0M CNY |
| Advances to suppliers | 250.0K CNY | 2.0M CNY | -53.7K CNY |
| Other non-current assets | 86.9K CNY | -281.6K CNY | -171.9K CNY |
| Accounts payable | 19.5M CNY | -16.3M CNY | -1.6M CNY |
| Accounts payable a related party | -18.6K CNY | -88.0K CNY | -30.9K CNY |
| Salary and welfare payable | -897.6K CNY | 149.5K CNY | -3.4M CNY |
| Advance from customers | -164.9K CNY | 512.6K CNY | -1.5M CNY |
| Value added tax (VAT) and other tax payable | -156.5K CNY | 601.1K CNY | -115.4K CNY |
| Other payables | 1.3M CNY | 3.4M CNY | -3.0M CNY |
| Accrued liabilities | 4.9M CNY | -82.4K CNY | -96.4K CNY |
| Amount due to related parties | 9.1M CNY | 7.1M CNY | 8.9M CNY |
| Operating lease liabilities | -2.3M CNY | -1.1M CNY | -2.0M CNY |
| Refund liability | -2.1M CNY | 2.1M CNY | |
| Net cash used in operating activities | -148.5M CNY | -16.1M CNY | -45.8M CNY |
| Payment for purchase of property and equipment | -1.0M CNY | -37.8K CNY | -111.9K CNY |
| Payment for other noncurrent assets | -600.0K CNY | ||
| Proceeds from disposal of property and equipment | 4.4K CNY | ||
| Net cash used in investing activities | -1.6M CNY | -33.4K CNY | -111.9K CNY |
| Loans from related parties | 24.8M CNY | 15.3M CNY | 104.4M CNY |
| Repayment to related parties | -23.7M CNY | -25.0M CNY | -64.5M CNY |
| Proceeds from short-term bank loans | 56.0M CNY | 44.1M CNY | 28.0M CNY |
| Repayment of short-term bank loans | -38.0M CNY | -31.1M CNY | -15.7M CNY |
| Proceeds from long-term bank loans | 7.0M CNY | 6.0M CNY | 3.0M CNY |
| Repayment of long-term bank loans | -1.0M CNY | -847.3K CNY | |
| Repayment of long-term loans | -119.5K CNY | -391.7K CNY | -470.3K CNY |
| Loans from third parties | 3.0M CNY | 19.9M CNY | 1.1M CNY |
| Repayment to third parties | -13.9M CNY | -10.8M CNY | -3.6M CNY |
| Proceeds from IPO | 163.9M CNY | ||
| Payment for deferred offering cost | -24.1M CNY | -2.3M CNY | |
| Net cash provided by financing activities | 153.9M CNY | 17.0M CNY | 50.1M CNY |
| Effect of exchange rate changes | -1.9M CNY | -5.2K CNY | |
| Net increase in cash and cash equivalents and restricted cash | 1.9M CNY | 846.6K CNY | 4.2M CNY |
| Cash paid for interest expense | 2.7M CNY | 2.7M CNY | 2.4M CNY |
| Property and equipment acquired by assuming a long-term loan | 640.0K CNY | ||
| Operating lease right-of-use assets obtained in exchange for new operating lease liabilities | 2.0M CNY | 2.2M CNY | 1.1M CNY |
| Conversion of convertible redeemable preferred shares into Class A ordinary shares upon IPO | 1.7B CNY | ||
| Conversion of convertible redeemable non-controlling interest into non-controlling interest upon IPO | 176.4M CNY | ||
| Reclassification of deferred offering costs to additional paid-in capital | 29.1M CNY | ||
| Expensed of deferred offering costs before IPO | 1.6M CNY | ||
| Net off deferred offering costs to other payable | 747.1K CNY |
Acquisitions
Exelon announced the proposed purchase of Pepco Holdings, Inc on April 30, 2014. The merger was rejected by the District of Columbia Public Service Commission in August 2015, though it was approved by other federal and state regulators. On March 23, 2016, the merger with Exelon was approved by the District of Columbia Public Service Commission, under a revised set of terms. The merger was completed on that same day.
From Wikipedia’s article on Pepco Holdings, shared under CC BY-SA 4.0.6
Controversies and legal
Criticism
In December 2011, the non-partisan organization Public Campaign criticized Pepco Holdings for spending $3.76 million on lobbying and not paying any taxes during 2008–2010, instead getting $508 million in tax rebates, despite making a profit of $882 million and increasing executive pay by 118% to $9.7 million in 2010 for the top 5 executives.
From Wikipedia’s article on Pepco Holdings, shared under CC BY-SA 4.0.6
Timeline
Recent filings
- Jul 30, 20268-K
- Jul 30, 202610-Q
- May 6, 20268-K
- May 6, 202610-Q
- Apr 16, 20268-K
- Feb 12, 20268-K
- Feb 12, 202610-K
- Nov 4, 20258-K
- Nov 4, 202510-Q
- Jul 31, 20258-K
- Jul 31, 202510-Q
- May 1, 20258-K
- May 1, 202510-Q
- Feb 12, 20258-K
- Feb 12, 202510-K
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- Websitewww.pepcoholdings.com1
- WikipediaPepco Holdings
- WikidataQ577911
- SEC EDGARCIK 1135971
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataPepco Holdings, Inc. on Wikidata
- 2
- 3WikipediaPepco Holdings, Inc. on Wikipedia
- 4Wikimedia CommonsPepco Holdings, Inc. logo by Pepco Holdings, Inc., Public domain
- 5
- 6
- 7