JD.com
JD
27.03
+0.53
+2.00%
JD.com
US · JD
#596 by market cap
Listed 2014
27.03
+0.53
+2.00%
Live - 5344 symbols - heartbeat 163s ago
· 2026-10-08 08:23
Pre-market
26.88
-0.55%
After-hours
26.92
-0.41%
Overnight
26.76
-1.00%
- Market cap
- 36.33B
- P/E (TTM)i
- 18.00
- P/Bi
- 1.11
- EPSi
- 1.92
- Div yieldi
- 3.73%
- 52W posi
- 32%
Reader sentiment
Are you bullish or bearish on JD?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.24, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +12.97% YoY
Margins
- Gross margin
- 16.04%
- Operating margin
- 0.28%
- Net margin
- 1.50%
Key ratios & quality
- Enterprise valuei
- -93.51B
- PEG ratioi
- 0.76
- Altman Z-Scorei
- 2.24
PEG uses trailing P/E against the 3-year net income growth rate (23.67%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 462.02B | 576.89B | 745.80B | 951.59B | 1.05T | 1.08T | 1.16T | 1.31T |
| Gross profit | 65.95B | 84.42B | 109.11B | 129.07B | 147.07B | 159.70B | 183.87B | 210.03B |
| Selling & admin expenses | 24.40B | 27.72B | 33.57B | 50.31B | 48.83B | 49.84B | 56.84B | 95.93B |
| Research & development | 12.14B | 14.62B | 16.15B | 16.33B | 16.89B | 16.39B | 17.03B | 22.23B |
| Operating profit | -1.98B | 7.33B | 13.24B | 5.86B | 18.34B | 28.91B | 39.57B | 3.69B |
| Pretax profit | -2.37B | 13.69B | 50.82B | -2.58B | 13.87B | 31.65B | 51.54B | 25.32B |
| Tax | 426.87M | 1.80B | 1.48B | 1.89B | 4.18B | 8.39B | 6.88B | 2.18B |
| Net profit | -2.80B | 11.89B | 49.34B | -4.47B | 9.69B | 23.26B | 44.66B | 23.14B |
| Basic EPS | -1 | 8 | 33 | -2 | 7 | 15 | 28 | 14 |
| Diluted EPS | -0.87 | 8.22 | 31.68 | -2.30 | 6.42 | 15.22 | 26.86 | 12.90 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 301.08B | 356.66B | 299.06B | 352.28B | 315.69B | 346.40B |
| Gross profit | 47.85B | 56.64B | 50.47B | 55.07B | 53.03B | 59.31B |
| Selling & admin expenses | 12.96B | 30.28B | 24.04B | 28.66B | 18.96B | 23.41B |
| Research & development | 4.62B | 5.30B | 5.65B | 6.66B | 6.87B | 7.30B |
| Operating profit | 10.53B | -1.08B | -1.21B | -4.55B | 3.81B | 4.14B |
| Pretax profit | 13.34B | 6.70B | 6.63B | -1.35B | 7.09B | 10.66B |
| Tax | 2.06B | -10.00M | 252.00M | -124.00M | 1.26B | 1.97B |
| Net profit | 11.28B | 6.71B | 6.38B | -1.23B | 5.83B | 8.69B |
| Basic EPS | 8 | 4 | 4 | -2 | 4 | 5 |
| Diluted EPS | 7.18 | 4.14 | 3.38 | -2.08 | 3.54 | 5.02 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 104.86B | 139.09B | 234.80B | 299.67B | 351.07B | 307.81B | 386.70B | 374.42B |
| Cash & ST investments | 36.30B | 61.57B | 146.66B | 185.33B | 219.96B | 190.15B | 234.00B | 213.23B |
| Inventory | 44.03B | 57.93B | 58.93B | 75.60B | 77.95B | 68.06B | 89.33B | 95.43B |
| Total assets | 209.16B | 259.72B | 422.29B | 496.51B | 595.25B | 628.96B | 698.23B | 695.20B |
| Total current liabilities | 120.86B | 140.02B | 174.02B | 221.64B | 266.56B | 265.65B | 299.52B | 306.07B |
| Short-term debt | 4.54B | 3.19B | 8.77B | 11.03B | 19.83B | 12.79B | 15.19B | 20.92B |
| Long-term debt | 9.87B | 10.05B | 12.53B | 9.39B | 30.23B | 41.97B | 56.48B | 62.47B |
| Total liabilities | 132,336,713,000.00 | 159,099,473,000.00 | 200,669,000,000.00 | 249,723,000,000.00 | 321,127,000,000.00 | 332,578,000,000.00 | 384,937,000,000.00 | 401,418,000,000.00 |
| Total equity | 76.83B | 100.62B | 221.62B | 246.78B | 274.12B | 296.38B | 313.30B | 293.78B |
| Retained earnings | -24.04B | -11.91B | 37.42B | 33.81B | 29.30B | 44.05B | 76.57B | 84.96B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 357.23B | 394.03B | 379.26B | 374.42B | 364.66B | 404.60B |
| Cash & ST investments | 194.16B | 213.84B | 198.27B | 213.23B | 202.13B | 221.66B |
| Inventory | 95.43B | 103.54B | 101.00B | 95.43B | 96.17B | 114.58B |
| Total assets | 677.86B | 706.94B | 713.53B | 695.20B | 685.72B | 725.41B |
| Total current liabilities | 284.13B | 322.63B | 316.55B | 306.07B | 309.03B | 354.74B |
| Short-term debt | 12.03B | 23.52B | 29.51B | 20.92B | 21.22B | 27.14B |
| Long-term debt | 56.25B | 56.60B | 59.96B | 62.47B | 62.66B | 52.80B |
| Total liabilities | 369,191,000,000.00 | 409,650,000,000.00 | 409,109,000,000.00 | 401,418,000,000.00 | 404,992,000,000.00 | 443,031,000,000.00 |
| Total equity | 308.67B | 297.29B | 304.42B | 293.78B | 280.73B | 282.38B |
| Retained earnings | -- | -- | -- | 84.96B | -- | -- |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 20.88B | 24.78B | 42.54B | 42.30B | 57.82B | 59.52B | 58.10B | 18.99B |
| Depreciation & amortization | 5.56B | 5.83B | 6.07B | 6.23B | 7.24B | 8.29B | 8.90B | 9.75B |
| Free cash flow | -488.07M | 15.78B | 30.09B | 20.02B | 34.91B | 39.51B | 44.28B | 4.81B |
| Dividends paid | -- | -- | 0 | 0 | -13.09B | -6.74B | -8.26B | -10.38B |
| Stock buybacks / issuance | 3.33B | -131.00M | 31.03B | -5.25B | -1.82B | -2.50B | -25.91B | -21.43B |
| Ending cash balance | 37.50B | 39.91B | 90.52B | 76.69B | 85.12B | 79.40B | 115.72B | 149.63B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -18.26B | 24.41B | -8.04B | 20.88B | 555.00M | 37.72B |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | -18.26B | 24.41B | -8.04B | 6.70B | 555.00M | 37.72B |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 106.06B | 126.16B | 125.34B | 149.63B | 115.37B | 102.46B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -4.46 | 17.21 | 36.68 | -1.80 | 4.92 | 10.86 | 17.55 | 8.45 |
| ROA %i | -1.27 | 5.20 | 14.49 | -0.77 | 1.90 | 3.95 | 6.23 | 2.82 |
| ROIC %i | -4.58 | 12.89 | 29.92 | -2.51 | 3.01 | 6.65 | 11.36 | 4.21 |
| 5-year avg ROE %i | -21.89 | -5.23 | 7.45 | 9.46 | 10.51 | 13.57 | 13.64 | 8.00 |
| EBIT margin %i | -0.33 | 2.50 | 6.96 | -0.14 | 1.53 | 3.18 | 4.70 | 2.15 |
| FCF / sales %i | -- | 2.74 | 4.03 | 2.10 | 3.34 | 3.64 | 3.82 | 0.37 |
| Current ratioi | 0.87 | 0.99 | 1.35 | 1.35 | 1.32 | 1.16 | 1.29 | 1.22 |
| Quick ratioi | 0.44 | 0.53 | 0.92 | 0.91 | 0.93 | 0.80 | 0.88 | 0.79 |
| Debt / assetsi | 6.89 | 7.23 | 7.47 | 6.88 | 10.93 | 10.88 | 12.86 | 15.41 |
| LT debt / equityi | 16.52 | 19.03 | 12.15 | 11.06 | 21.19 | 24.00 | 31.16 | 38.30 |
| Interest coveragei | -1.78 | 19.89 | 46.17 | -1.13 | 7.58 | 11.99 | 18.80 | 10.03 |
| Revenue CAGR (3Y) %i | 36.66 | 30.72 | 27.21 | 27.23 | 21.95 | 13.30 | 6.79 | 7.76 |
| Net income CAGR (3Y) %i | -- | -- | 626.65 | -- | -5.20 | -21.21 | -- | 23.67 |
| FCF CAGR (3Y) %i | -- | 57.87 | 24.74 | -- | 30.29 | 9.50 | 30.28 | -48.36 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 19.76 | 17.26 | 13.98 | 8.45 | 6.14 | 6.63 |
| ROA %i | 7.05 | 5.69 | 4.75 | 2.82 | 2.03 | 2.07 |
| ROIC %i | 15.51 | 12.97 | 10.56 | 4.21 | 5.11 | 5.31 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 4.89 | 3.93 | 3.16 | 2.15 | 1.66 | 1.98 |
| FCF / sales %i | 3.16 | 0.87 | 0.70 | 0.37 | 1.78 | 2.81 |
| Current ratioi | 1.26 | 1.22 | 1.20 | 1.22 | 1.18 | 1.14 |
| Quick ratioi | 0.81 | 0.80 | 0.76 | 0.79 | 0.74 | 0.71 |
| Debt / assetsi | 12.90 | 14.26 | 15.71 | 15.41 | 15.75 | 14.52 |
| LT debt / equityi | 32.18 | 34.02 | 35.61 | 38.30 | 40.10 | 35.67 |
| Interest coveragei | 20.28 | 17.46 | 14.21 | 10.03 | 7.60 | 8.80 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- JD Retail is the largest reported line at 85.27% of revenue, across 4 reported segments.
- The next-largest line, JD Logistics, is a distant second at 18.51% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
JD Retail85.27%
JD Logistics18.51%
New Businesses2.10%
Quote time 2026-10-08 08:23:35 · For reference only, not investment advice and not tailored to your situation.