diff --git a/src/pugixml.cpp b/src/pugixml.cpp
index 90c677e..f447e97 100644
--- a/src/pugixml.cpp
+++ b/src/pugixml.cpp
@@ -3360,7 +3360,11 @@ PUGI__NS_BEGIN
 							
 					if (cursor->parent || PUGI__OPTSET(parse_fragment))
 					{
-						if (!PUGI__OPTSET(parse_embed_pcdata))
+						if (PUGI__OPTSET(parse_embed_pcdata) && cursor->parent && !cursor->first_child && !cursor->value)
+						{
+							cursor->value = s; // Save the offset.
+						}
+						else
 						{
 							PUGI__PUSHNODE(node_pcdata); // Append a new node on the tree.
 
@@ -3368,11 +3372,6 @@ PUGI__NS_BEGIN
 
 							PUGI__POPNODE(); // Pop since this is a standalone.
 						}
-						else
-						{
-							if (cursor->parent && !cursor->value)
-								cursor->value = s; // Save the offset.
-						}
 
 						s = strconv_pcdata(s);