JD.com market cap is $949.1 b, and annual revenue was ¥576.89 b in FY 2019

JD.com Gross profit (Q2, 2020)28.6 B

JD.com Gross profit margin (Q2, 2020), %14.2%

JD.com Net income (Q2, 2020)16.4 B

JD.com EBIT (Q2, 2020)5 B

JD.com Cash, 30-Jun-202071.6 B

JD.com EV915.1 B

JD.com revenue was ¥576.89 b in FY, 2019 which is a 24.9% year over year increase from the previous period.

JD.com revenue breakdown by business segment: 95.8% from JD Mall and 4.2% from Other

CNY | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 362.3b | 462.0b | 576.9b |

| 39% | 28% | 25% |

## Cost of goods sold | 311.5b | 396.1b | 492.5b |

## Gross profit | 50.8b | 66.0b | 84.4b |

| 14% | 14% | 15% |

## Sales and marketing expense | 14.9b | 19.2b | 22.2b |

## R&D expense | 6.7m | 12.1b | 14.6b |

## General and administrative expense | 4.2b | 5.2b | 5.5b |

## Operating expense total | 51.7b | 68.6b | 75.4b |

## EBIT | (835.5m) | (2.6b) | 9.0b |

| 0% | (1%) | 2% |

## Interest expense | 963.7m | 854.5m | 725.0m |

## Interest income | 2.5b | 2.1b | 1.8b |

## Investment income | (1.9b) | (1.1m) | (1.7b) |

## Pre tax profit | 121.0m | (2.4b) | 13.7b |

## Income tax expense | 139.6m | 426.9m | 1.8b |

## Net Income | (11.7m) | (2.8b) | 11.9b |

## EPS | 0.0 | (0.9) | 4.1 |

CNY | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|

## Revenue | 100.1b | 122.3b | 104.8b | 121.1b | 150.3b | 134.8b | 146.2b | 201.1b |

## Cost of goods sold | 86.0b | 105.8b | 88.7b | 102.9b | 128.2b | 114.7b | 123.7b | 172.4b |

## Gross profit | 14.2b | 16.5b | 16.1b | 18.2b | 22.1b | 20.1b | 22.5b | 28.6b |

| 14% | 14% | 15% | 15% | 15% | 15% | 15% | 14% |

## Sales and marketing expense | 3.5b | 5.3b | 4.1b | 3.9b | 5.6b | 4.4b | 4.5b | 6.8b |

## R&D expense | 2.4m | 2.8b | 3.4b | 3.7b | 3.7b | 3.6b | 3.9b | 3.6b |

## General and administrative expense | 1.1b | 1.3b | 1.4b | 1.3b | 1.4b | 1.3b | 1.4b | 1.4b |

## Operating expense total | 14.2b | 17.5b | 16.8b | 17.0b | 19.9b | 15.1b | 20.2b | 23.6b |

## EBIT | 4.4m | (1.0b) | (650.7m) | 1.2b | 2.3b | 5.0b | 2.3b | 5.0b |

| 0% | (1%) | (1%) | 1% | 2% | 4% | 2% | 3% |

## Interest expense | 228.7m | 239.9m | 241.1m | 187.4m | 239.9m | 162.9m | 207.0m | 324.2m |

## Interest income | 545.7m | 606.0m | 576.3m | 312.6m | 375.7m | 502.9m | 523.0m | 538.0m |

## Investment income | (496.6m) | (260.2m) | (185.0m) | (717.4m) | (303.4m) | (199.2m) | (1.1b) | 4.0b |

## Pre tax profit | 1.6b | (2.1b) | 2.9b | 7.5b | 984.7m | 1.2b | 1.4b | 17.2b |

## Income tax expense | 151.0m | 163.3m | 51.6m | 279.6m | 438.8m | 604.9m | 327.0m | 796.6m |

## Net Income | 1.5b | (2.3b) | 2.9b | 7.2b | 545.9m | 550.7m | 1.1b | 16.4b |

## EPS | 0.1 | (0.8) | 1.0 | 2.5 | 0.2 | 0.2 | 0.4 | 5.2 |

CNY | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 25.7b | 34.3b | 37.0b |

## Accounts Receivable | 16.4b | 11.1b | 6.2b |

## Prepaid Expenses | 2.3b | 3.8b | 4.1b |

## Inventories | 41.7b | 44.0b | 57.9b |

## Current Assets | 115.0b | 104.9b | 139.1b |

## PP&E | 12.6b | 21.1b | 20.7b |

## Goodwill | 6.7b | 6.6b | 6.6b |

## Total Assets | 184.1b | 209.2b | 259.7b |

## Accounts Payable | 74.3b | 80.0b | 90.4b |

## Short-term debt | 12.9b | 4.5b | 3.2b |

## Current Liabilities | 118.3b | 120.9b | 140.0b |

## Long-term debt | 10.9b | 9.9b | 15.6b |

## Non-Current Liabilities | 13.4b | 11.5b | 19.1b |

## Total Debt | 23.8b | 14.4b | 18.8b |

## Total Liabilities | 131.7b | 132.3b | 159.1b |

## Common Stock | 377.0k | 380.0k | 381.0m |

## Additional Paid-in Capital | 76.3b | 82.8b | 90.7b |

## Retained Earnings | (22.2b) | (24.0b) | (11.9b) |

## Total Equity | 52.4b | 60.9b | 84.7b |

## Debt to Equity Ratio | 0.5 x | 0.2 x | 0.2 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x |

## Financial Leverage | 3.5 x | 3.4 x | 3.1 x |

CNY | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Net Income | (11.7m) | (2.8b) | 11.9b |

## Depreciation and Amortization | 4.2b | 5.6b | 5.8b |

## Accounts Receivable | (546.0m) | 4.3b | 3.9b |

## Inventories | (12.8b) | (2.3b) | (11.9b) |

## Accounts Payable | 26.1b | 5.5b | 10.4b |

## Cash From Operating Activities | 24.8b | 20.9b | 24.8b |

## Purchases of PP&E | (3.3b) | (9.7b) | (2.6b) |

## Cash From Investing Activities | (37.5b) | (26.1b) | (25.3b) |

## Short-term Borrowings | (2.4b) | (1.2b) | (6.0b) |

## Long-term Borrowings | (10.9b) | (12.0b) | (3.9b) |

## Cash From Financing Activities | 19.2b | 11.2b | 2.6b |

## Net Change in Cash | 5.9b | 7.7b | 2.4b |

## Interest Paid | 577.3m | 421.0m | 679.1m |

## Income Taxes Paid | 240.9m | 666.3m | 807.6m |

CNY | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|

## Cash From Operating Activities | (3.8b) | 12.6b | 23.5b | 3.3b | 23.5b | 24.8b | (1.5b) | 25.1b |

## Capital Expenditures | (3.8b) | (8.5b) | (17.1b) | 118.0m | (1.4b) | (1.2b) | (2.0b) | (4.9b) |

## Cash From Investing Activities | (941.1m) | (21.3b) | (44.5b) | (1.1b) | (22.1b) | (27.8b) | (8.2b) | (31.6b) |

## Cash From Financing Activities | 13.3b | 18.1b | 23.0b | (2.6b) | (3.0b) | (515.4m) | 15.1b | 43.5b |

## Net Change in Cash | 8.1b | 10.2b | 7.9b | (758.9m) | (1.6b) | (2.7b) | 6.0b | 37.6b |

## Free Cash Flow | (7.5b) | 4.1b | 6.3b | 3.2b | 22.2b | 23.5b | (3.6b) | 20.2b |

CNY | FY, 2017 |
---|---|

## Revenue/Employee | 2.6m |

## Debt/Equity | 0.5 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 3.5 x |

FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Active Customer Accounts | 292.5 m | 301.8 m | 313.8 m | 305.2 m | 305.3 m | 305.3 m | 310.5 m | 321.3 m | 334.4 m | 362 m | 362 m | 387.4 m | 417.4 m |

## Gross Merchandise Volume | ¥1.29 t | ¥330.2 b | ¥437.4 b | ¥394.8 b | ¥514.4 b | ¥1.68 t | ¥2.09 t | ||||||

## Active Sellers | 170 k | 210 k | 270 k | ||||||||||

## Average Number of Purchases by Active Customer Accounts in 2008 | 30.2 m | 31.5 m | |||||||||||

## Suppliers | 15 k | 19 k | 24 k | ||||||||||

## Warehouses | 486 | 550 | 700 | ||||||||||

## Computer Software Copyrights | 336 | 651 | 1.2 k | ||||||||||

## Domain Names Registered | 3.66 k | 5.36 k | 6.6 k | ||||||||||

## Patent Applications (Domestic) | 5.72 k | 7.44 k | 7.1 k | ||||||||||

## Patent Applications (Foreign) | 236 | 415 | 410 | ||||||||||

## Patents (Domestic) | 838 | 1.67 k | 2.7 k | ||||||||||

## Patents (Foreign) | 160 | ||||||||||||

## Trademark Applications (Domestic) | 4.4 k | 5.98 k | 4.3 k | ||||||||||

## Trademark Applications (Foreign) | 475 | 2.13 k | 1.7 k | ||||||||||

## Trademarks (Domestic) | 5.72 k | 7.66 k | 11.7 k | ||||||||||

## Trademarks (Foreign) | 896 | 1.18 k | 1.9 k |

FY, 2019 | FY, 2018 | FY, 2017 | |
---|---|---|---|

Warehouses | 19.2% | 16.3% | 21% |

Delivery | 58.1% | 53.2% | 53.7% |

Customer Service | 7.3% | 9.3% | 8.1% |

Technology | 6.2% | 9.2% | 7.6% |

Other | 9.3% | 12.1% | 9.6% |

- Source: www.sec.gov, www.sec.gov, www.sec.gov