JD - JD.com, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$35.25
DETAILS
HIGH:
$43.00
LOW:
$22.00
MEDIAN:
$36.00
CONSENSUS:
$35.25
UPSIDE:
15.50%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue | 1,309,085 | 1,158,819 | 1,084,662 | 1,046,236 | 951,592 | 745,802 | 576,888 | 462,019.8 | 362,331.8 | 260,121.6 | 181,287.0 | 115,002.3 | 69,339.8 | 41,380.5 | 21,129.0 |
| Cost of Revenue | 1,187,233 | 1,045,377 | 924,958 | 899,163 | 822,526 | 636,694 | 492,467 | 396,066.1 | 311,516.8 | 220,698.7 | 157,008.3 | 101,631.4 | 62,495.5 | 37,898.4 | 19,976.5 |
| Gross Profit | 121,852 | 113,442 | 159,704 | 147,073 | 129,066 | 109,108 | 84,421 | 65,953.6 | 50,814.9 | 39,422.9 | 24,278.6 | 13,370.9 | 6,844.3 | 3,482.1 | 1,152.4 |
| Operating Expenses | |||||||||||||||
| R&D Expenses | 22,229 | 17,031 | 16,393 | 16,893 | 16,332 | 16,149 | 14,619 | 12,144.4 | 6,652.4 | 5,380.9 | 3,453.8 | 1,835.9 | 963.7 | 636.3 | 239.9 |
| SG&A Expenses | 95,933 | 56,841 | 49,843 | 48,825 | 50,305 | 33,565 | 27,724 | 56,406.1 | 44,998.0 | 36,186.9 | 24,534.1 | 17,337.4 | 6,459.4 | 4,796.9 | 2,316.6 |
| Other Expenses | 916 | 834 | 67,443 | 61,632 | 58,288 | 47,051 | 33,083 | 95.2 | 0 | 0 | (140.6) | 0 | (19.5) | 4.9 | (2.7) |
| Operating Expenses | 119,078 | 74,706 | 133,679 | 127,350 | 124,925 | 96,765 | 75,426 | 68,550.4 | 51,650.4 | 41,567.8 | 27,988.0 | 19,173.3 | 7,302.8 | 5,391.5 | 2,530.9 |
| Operating Income | |||||||||||||||
| Operating Income | 2,774 | 38,736 | 26,025 | 19,723 | 4,141 | 12,343 | 8,995 | (2,619.1) | (835.5) | (2,144.9) | (6,459.5) | (5,802.4) | (578.8) | (1,951.1) | (1,404.0) |
| Interest Expense | 2,803 | 2,896 | 2,881 | 2,106 | 1,213.5 | 1,125.2 | 725.0 | 854.5 | 963.7 | 618.6 | 72.6 | 28.8 | 8.4 | 8.3 | 0 |
| Interest Income | 0 | 9,353 | 9,576 | 5,742 | 4,213 | 2,753.4 | 1,785.6 | 2,117.9 | 2,530.5 | 1,226.9 | 673.0 | 637.6 | 343.8 | 175.8 | 56.1 |
| Profitability | |||||||||||||||
| EBITDA | 36,827 | 47,356.7 | 42,823 | 23,209 | 4,865 | 58,012 | 20,246 | 4,040.9 | 1,084.7 | 2,157.0 | (5,176.1) | (3,297.7) | (285.7) | (1,765.4) | (1,209.8) |
| EBIT | 28,126 | 39,570 | 34,531 | 15,973 | (1,367) | 51,944 | 14,418 | (1,519.1) | 1,084.7 | (1,263.3) | (7,683.4) | (4,948.2) | (41.5) | (1,715.0) | (1,283.7) |
| Income Before Tax | 25,323 | 51,538 | 31,650 | 13,867 | (2,580) | 50,819 | 13,693 | (2,373.7) | 121.0 | (1,881.9) | (7,756.0) | (4,977.0) | (49.9) | (1,723.3) | (1,283.7) |
| Income Tax Expense | 2,181 | 6,878 | 8,393 | 4,176 | 1,887 | 1,482 | 1,803 | 426.9 | 139.6 | 166.4 | (14.6) | 19.3 | (0.0) | 6.1 | (2.7) |
| Net Income | 19,631 | 41,359 | 24,167 | 10,380 | (3,560) | 49,405 | 12,184 | (2,491.6) | 128.8 | (2,000.4) | (7,731.8) | (12,954.0) | (2,485.3) | (3,316.9) | (1,283.7) |
| Per Share Data | |||||||||||||||
| EPS (Basic) | 13.78 | 27.66 | 15.38 | 6.64 | -2.30 | 32.70 | 8.36 | -1.74 | 0.10 | -2.40 | -5.66 | -4.12 | -0.04 | -1.22 | -0.90 |
| EPS (Diluted) | 12.90 | 26.90 | 15.24 | 6.42 | -2.30 | 31.78 | 8.22 | -1.74 | 0.08 | -2.40 | -5.66 | -4.12 | -0.04 | -1.18 | -1.26 |
| Shares Outstanding | 1,423.5 | 1,539.8 | 1,572.1 | 1,562.8 | 1,553.7 | 1,510.9 | 1,456.3 | 1,439.0 | 1,422.4 | 1,402.4 | 1,367.5 | 1,209.8 | 1,422.4 | 1,422.4 | 1,422.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 149,720.3 | 108,350 | 71,892 | 78,861 | 70,767 | 86,085 | 5,729.8 | 34,262.4 | 25,688.3 | 19,771.7 |
| Short-Term Investments | 75,792.2 | 125,645 | 118,254 | 141,095 | 114,564 | 60,577 | 3,532.0 | 2,035.6 | 8,587.9 | 7,173.6 |
| Net Receivables | 29,493.8 | 30,401 | 22,416 | 26,718 | 17,400 | 13,779 | 1,719.3 | 14,246.3 | 32,288.4 | 17,464.4 |
| Inventory | 101,348.5 | 89,326 | 68,058 | 77,949 | 75,601 | 58,933 | 8,401.9 | 44,030.1 | 41,700.4 | 28,909.4 |
| Other Current Assets | 18,304.6 | 25,357 | 24,437 | 22,613 | 17,381 | 11,659 | 585.5 | 7,087.8 | 6,369.1 | 26,418.9 |
| Total Current Assets | 374,659.4 | 386,698 | 307,810 | 351,074 | 299,672 | 234,801 | 19,968.5 | 104,855.8 | 115,028.7 | 106,932.1 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 129,062.1 | 113,433 | 100,818 | 88,508 | 58,748 | 45,987 | 5,039.5 | 27,636.5 | 15,770.7 | 9,389.2 |
| Goodwill | 26,307.7 | 25,709 | 19,980 | 23,123 | 12,433 | 10,904 | 953.8 | 6,643.7 | 6,650.6 | 6,541.7 |
| Intangible Assets | 7,727.9 | 44,626 | 46,498 | 42,987 | 20,165 | 17,588 | 590.0 | 15,487.4 | 13,743.5 | 10,901.8 |
| Long-Term Investments | 103,884.1 | 116,220 | 137,586 | 69,252 | 82,310 | 97,586 | 8,181.9 | 47,258.2 | 28,579.1 | 15,235.0 |
| Other Non-Current Assets | 48,762.0 | 9,089 | 14,522 | 18,770 | 22,068 | 14,889 | 2,540.7 | 7,180.1 | 4,124.1 | 3,315.7 |
| Total Non-Current Assets | 320,984.3 | 311,536 | 321,148 | 244,176 | 196,835 | 187,487 | 17,317.6 | 104,309.1 | 69,026.3 | 53,441.4 |
| Total Assets | 695,643.7 | 698,234 | 628,958 | 595,250 | 496,507 | 422,288 | 37,286.1 | 209,164.9 | 184,055.0 | 160,373.5 |
| Current Liabilities | ||||||||||
| Account Payables | 188,499.0 | 158,514 | 166,167 | 160,607 | 140,484 | 106,818 | 12,982.0 | 79,985.0 | 74,337.7 | 46,035.9 |
| Short-Term Debt | 20,937.3 | 7,581 | 5,034 | 12,146 | 4,368 | 3,260 | 516.4 | 4,544.9 | 12,884.9 | 17,722.5 |
| Deferred Revenue | 39,116.9 | 27,296 | 33,722 | 37,064 | 32,564 | 24,417 | 2,785.8 | 14,998.1 | 15,197.6 | 12,854.6 |
| Other Current Liabilities | 50,701.3 | 79,835 | 26,214 | 23,769 | 21,456 | 19,182 | 2,804.2 | 14,657.0 | 10,821.6 | 25,275.1 |
| Total Current Liabilities | 306,266.9 | 299,521 | 265,650 | 266,561 | 221,636 | 174,017 | 20,100.9 | 120,862.0 | 118,250.6 | 104,740.2 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 62,512.8 | 56,475 | 41,966 | 30,233 | 9,386 | 12,530 | 1,443.0 | 9,874.6 | 10,922.6 | 10,908.6 |
| Deferred Tax Liabilities | 8,024.1 | 0 | 9,267 | 6,511 | 1,897 | 1,922 | 192.2 | 828.5 | 882.2 | 907.4 |
| Other Non-Current Liabilities | 1,146.7 | 10,835 | 1,055 | 1,737 | 1,786 | 332 | 32.4 | 308.5 | 2,493.0 | 440.7 |
| Total Non-Current Liabilities | 95,406.7 | 85,416 | 66,928 | 54,566 | 28,087 | 26,652 | 2,739.5 | 11,474.7 | 13,415.6 | 14,413.5 |
| Total Liabilities | 401,673.6 | 384,937 | 332,578 | 321,127 | 249,723 | 200,669 | 22,840.4 | 132,336.7 | 131,666.3 | 119,153.7 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.4 | 0.4 | 0.4 |
| Retained Earnings | 0 | 83,261 | 44,051 | 29,304 | 33,805 | 37,418 | (1,710.2) | (24,038.1) | (22,234.6) | (21,860.3) |
| Accumulated Other Comprehensive Income | 0 | 1,421 | 7,012 | 2,514 | (4,504) | (2,015) | 443.9 | 4,759.5 | 2,478.0 | 1,676.3 |
| Total Stockholders' Equity | 225,183.3 | 239,347 | 231,858 | 213,366 | 208,911 | 187,543 | 11,751.3 | 59,771.0 | 52,040.8 | 33,892.9 |
| Total Liabilities & Equity | 695,643.7 | 698,234 | 628,958 | 595,250 | 496,507 | 422,288 | 37,286.1 | 209,164.9 | 184,055.0 | 160,373.5 |
| Debt Metrics | ||||||||||
| Total Debt | 107,173.2 | 89,768 | 68,431 | 65,045 | 34,140 | 31,553 | 2,752.3 | 14,419.5 | 23,807.5 | 28,631.2 |
| Net Debt | (42,547.1) | (18,582) | (3,461) | (13,816) | (36,627) | (54,532) | (2,977.5) | (19,842.9) | (1,880.9) | 8,859.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Net Income | 23,142 | 44,660 | 24,167 | 9,691 | (4,467) | 49,337.2 | 11,890.1 | (2,800.6) | (18.6) | (3,413.7) | (9,387.6) |
| Depreciation & Amortization | 9,747 | 8,904 | 8,292 | 7,236 | 6,232 | 6,067.7 | 5,828.1 | 5,560.0 | 4,192.7 | 3,633.3 | 2,619.1 |
| Stock-Based Compensation | 4,726 | 2,999 | 4,804 | 7,548 | 9,134 | 4,156 | 3,695 | 3,660.0 | 2,780.1 | 2,343.8 | 1,193.9 |
| Change in Working Capital | (7,043) | 5,148 | 15,879 | 22,229 | 19,518 | 18,677.9 | 7,766.3 | 12,356.2 | 18,770.8 | 3,007.6 | (3,174.3) |
| Other Non-Cash Items | (6,839) | (2,472) | 5,510 | 11,664 | 12,535.3 | (34,975.6) | (4,931.4) | 2,116.2 | (682.6) | 3,230.8 | 6,979.9 |
| Operating Cash Flow | 18,991 | 58,095 | 59,521 | 57,819 | 42,301.3 | 42,544.3 | 24,781.2 | 20,881.4 | 24,821.3 | 8,767.0 | (1,811.6) |
| Investing Activities | |||||||||||
| Capital Expenditure | (14,184) | (13,819) | (20,015) | (21,980) | (18,565.9) | (7,670.0) | (3,514.7) | (21,369.5) | (11,355.9) | (4,460.2) | (5,299.8) |
| Acquisitions | 841 | (5,346) | (995) | (19,773) | (11,490) | (15,175.6) | (6,943.5) | (15,811.4) | 6,861.4 | (8,241.8) | (7,447.1) |
| Purchases of Investments | (80,253) | (148,462) | (268,529) | (183,310) | (170,500) | (66,868.1) | (25,272.2) | (7,080.3) | (16,113.0) | (42,251.1) | (6,161.4) |
| Sales/Maturities of Investments | 136,521 | 167,905 | 225,502 | 171,471 | 126,527 | 34,287.4 | 3,027.4 | 9,371.1 | 6,211.6 | 19,804.0 | 16,625.6 |
| Other Investing Activities | (1,490) | (1,767) | 4,978 | (434) | (219.1) | (2,384.2) | 7,353.6 | 8,811.2 | (23,102.2) | (13,119.4) | (3,507.9) |
| Investing Cash Flow | 41,832 | (871) | (59,543) | (54,026) | (74,247.9) | (57,810.6) | (25,349.4) | (26,079.0) | (37,498.1) | (48,268.6) | (2,282.7) |
| Financing Activities | |||||||||||
| Net Debt Issuance | 10,268 | 14,374 | 3,113 | 11,839 | (2,124) | 4,793 | (4,052) | (9,090.2) | 3,953.7 | 14,275.5 | 3,612.8 |
| Stock Repurchased | (21,430) | (25,912) | (2,497) | (1,823) | (5,246) | (312) | (131) | (205.9) | 0 | (5,338.3) | 0 |
| Dividends Paid | (10,379) | (8,263) | (6,741) | (13,087) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (5,220) | (1,203) | 317 | 4,251 | 26,873 | 34,806 | 6,755.5 | 1,025.3 | 15,281.2 | 31,762.2 | 1,087.4 |
| Financing Cash Flow | (26,728) | (21,004) | (5,808) | 1,180 | 19,503 | 71,072 | 2,572.5 | 11,219.9 | 19,235.0 | 40,699.5 | 4,700.3 |
| Cash Position | |||||||||||
| Net Change in Cash | 33,909 | 36,318 | (5,717) | 8,422 | (13,943.1) | 50,722.9 | 2,410.2 | 7,703.5 | 5,916.6 | 1,907.8 | 949.2 |
| Cash at Beginning | 115,716 | 79,398 | 85,115 | 76,693 | 90,635.2 | 39,912.3 | 37,502.1 | 29,798.5 | 19,771.7 | 17,863.9 | 16,914.7 |
| Cash at End | 149,625 | 115,716 | 79,398 | 85,115 | 76,692.1 | 90,635.2 | 39,912.3 | 37,502.1 | 25,688.3 | 19,771.7 | 17,863.9 |
| Free Cash Flow | 4,807 | 44,276 | 39,506 | 35,839 | 23,735.4 | 34,874.3 | 21,266.5 | (488.1) | 13,465.4 | 4,306.9 | (7,111.3) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||
| Revenue | 1,309,085 | 1,158,819 | 1,084,662 | 1,046,236 | 951,592 | 745,802 | 576,888 | 462,019.8 | 362,331.8 | 260,121.6 | 181,287.0 | 115,002.3 | 69,339.8 | 41,380.5 | 21,129.0 |
| Gross Profit | 121,852 | 113,442 | 159,704 | 147,073 | 129,066 | 109,108 | 84,421 | 65,953.6 | 50,814.9 | 39,422.9 | 24,278.6 | 13,370.9 | 6,844.3 | 3,482.1 | 1,152.4 |
| Operating Income | 2,774 | 38,736 | 26,025 | 19,723 | 4,141 | 12,343 | 8,995 | (2,619.1) | (835.5) | (2,144.9) | (6,459.5) | (5,802.4) | (578.8) | (1,951.1) | (1,404.0) |
| Net Income | 19,631 | 41,359 | 24,167 | 10,380 | (3,560) | 49,405 | 12,184 | (2,491.6) | 128.8 | (2,000.4) | (7,731.8) | (12,954.0) | (2,485.3) | (3,316.9) | (1,283.7) |
| EPS (Diluted) | 12.90 | 26.90 | 15.24 | 6.42 | -2.30 | 31.78 | 8.22 | -1.74 | 0.08 | -2.40 | -5.66 | -4.12 | -0.04 | -1.18 | -1.26 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 149,720.3 | 108,350 | 71,892 | 78,861 | 70,767 | 86,085 | 5,729.8 | 34,262.4 | 25,688.3 | 19,771.7 | |||||
| Total Assets | 695,643.7 | 698,234 | 628,958 | 595,250 | 496,507 | 422,288 | 37,286.1 | 209,164.9 | 184,055.0 | 160,373.5 | |||||
| Total Debt | 107,173.2 | 89,768 | 68,431 | 65,045 | 34,140 | 31,553 | 2,752.3 | 14,419.5 | 23,807.5 | 28,631.2 | |||||
| Stockholders' Equity | 225,183.3 | 239,347 | 231,858 | 213,366 | 208,911 | 187,543 | 11,751.3 | 59,771.0 | 52,040.8 | 33,892.9 | |||||
| Cash Flow | |||||||||||||||
| Operating Cash Flow | 18,991 | 58,095 | 59,521 | 57,819 | 42,301.3 | 42,544.3 | 24,781.2 | 20,881.4 | 24,821.3 | 8,767.0 | (1,811.6) | ||||
| Capital Expenditure | (14,184) | (13,819) | (20,015) | (21,980) | (18,565.9) | (7,670.0) | (3,514.7) | (21,369.5) | (11,355.9) | (4,460.2) | (5,299.8) | ||||
| Free Cash Flow | 4,807 | 44,276 | 39,506 | 35,839 | 23,735.4 | 34,874.3 | 21,266.5 | (488.1) | 13,465.4 | 4,306.9 | (7,111.3) | ||||