diff --git a/pdm/models/candidates.py b/pdm/models/candidates.py
index 3bc579564b898c3b19103c01a281b825c698aedc..5f781769e960c0068fdd923c5d4af13c89e46944 100644
--- a/pdm/models/candidates.py
+++ b/pdm/models/candidates.py
@@ -412,14 +412,25 @@ class PreparedCandidate:
             except ValueError:
                 termui.logger.warn("Failed to parse pyproject.toml")
             else:
-                setup = Setup(
-                    name=metadata.name,
-                    version=metadata.version,
-                    install_requires=metadata.dependencies or [],
-                    extras_require=metadata.optional_dependencies or {},
-                    python_requires=metadata.requires_python or None,
-                )
-                return SetupDistribution(setup)
+                dynamic_fields = metadata.dynamic or []
+                # Use the parse result only when all are static
+                if set(dynamic_fields).isdisjoint(
+                    {
+                        "name",
+                        "version",
+                        "dependencies",
+                        "optional-dependencies",
+                        "requires-python",
+                    }
+                ):
+                    setup = Setup(
+                        name=metadata.name,
+                        version=metadata.version,
+                        install_requires=metadata.dependencies or [],
+                        extras_require=metadata.optional_dependencies or {},
+                        python_requires=metadata.requires_python or None,
+                    )
+                    return SetupDistribution(setup)
         # If all fail, try building the source to get the metadata
         builder = EditableBuilder if self.req.editable else WheelBuilder
         try:
diff --git a/tests/fixtures/projects/test-hatch-static/README.md b/tests/fixtures/projects/test-hatch-static/README.md
new file mode 100644
index 0000000000000000000000000000000000000000..e69de29bb2d1d6434b8b29ae775ad8c2e48c5391
diff --git a/tests/fixtures/projects/test-hatch-static/pyproject.toml b/tests/fixtures/projects/test-hatch-static/pyproject.toml
new file mode 100644
index 0000000000000000000000000000000000000000..f69690c62af442a8e5442faf9d82be5db6dd9cf9
--- /dev/null
+++ b/tests/fixtures/projects/test-hatch-static/pyproject.toml
@@ -0,0 +1,16 @@
+[build-system]
+requires = ["hatchling>=0.15.0"]
+build-backend = "hatchling.build"
+
+[project]
+name = "test-hatch"
+version = "0.1.0"
+description = "Test hatch project"
+readme = "README.md"
+license = "MIT"
+requires-python = ">=3.7"
+authors = [{ name = "John", email = "john@example.org" }]
+classifiers = [
+  "License :: OSI Approved :: MIT License",
+]
+dependencies = ["requests", "click"]
diff --git a/tests/models/test_candidates.py b/tests/models/test_candidates.py
index c98dc89e224453f932a90740860864e23ccc579d..3e1f3ab011342b65a6240b83ea80bbedde48d203 100644
--- a/tests/models/test_candidates.py
+++ b/tests/models/test_candidates.py
@@ -334,3 +334,24 @@ def test_find_candidates_from_find_links(project):
     ]
     candidates = list(repo.find_candidates(parse_requirement("demo")))
     assert len(candidates) == 2
+
+
+def test_parse_metadata_from_pep621(project, mocker):
+    builder = mocker.patch("pdm.builders.wheel.WheelBuilder.build")
+    req = parse_requirement(
+        f"test-hatch @ file://{FIXTURES.as_posix()}/projects/test-hatch-static"
+    )
+    candidate = Candidate(req)
+    metadata = candidate.prepare(project.environment).metadata
+    assert sorted(metadata.requires) == ["click", "requests"]
+    builder.assert_not_called()
+
+
+def test_parse_metadata_with_dynamic_fields(project, local_finder):
+    req = parse_requirement(
+        f"demo-package @ file://{FIXTURES.as_posix()}/projects/demo-src-package"
+    )
+    candidate = Candidate(req)
+    metadata = candidate.prepare(project.environment).metadata
+    assert not metadata.requires
+    assert metadata.version == "0.1.0"