JD.com Inc
HKSE: 9618.HK
Stock price
112.3 HKD
(-64.46%) 5 years
Financial Performance
5Y price score: (99)
against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index,
while a score above 100 means it outperformed the S&P 500.
10Y return: (45.9)%
HKD Per
Share
Earnings per share
Free cash flow per share
Stock price
By default your notes are visible only to you.
95.9
52-week range
149.5
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| Required return / cost of capital |
| FCFF terminal growth rate |
Valuation
Free Cash Flow Yield
(2.8) %
Dividend Yield TTM
3.5 %
Market cap
346,593
Price / Earnings TTM
17.3
Price / Book TTM
1.2
PEG TTM
(0.3)
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
(18) %
(59.9) %
(45.9) %
Free cash flow per share growth
-
-
-
Earnings per share growth
(52.3) %
(59.6) %
287.2 %
Founded: 1,998
Employees: 570,895
Business Summary:
all figures in CNY Millions except per share data
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Latest Earnings Call Takeaways
2025 Q4 (Mar 5, 2026)
1) Strategy & Leadership - JD.com navigated short-term challenges while achieving solid full-year performance in 2025. - CEO Sandy Xu emphasized the importance of supply chain capabilities as the backbone of the business model, supporting both core retail and new business initiatives. - The company is focused on sustainable and profitable growth, with a commitment to enhancing user experience and operational efficiency.
2) Financial & Segment Results - Q4 total revenues increased by 2% YoY to RMB 352 billion; full-year revenues grew by 13% to RMB 1.3 trillion. - JD Retail's revenue declined by 2% YoY in Q4 but increased by 11% for the full year, with a gross margin expansion of 1.1 percentage points. - General merchandise revenue rose by 12.1% in Q4 and 15.3% for the full year, driven by supermarkets and fashion categories. - Non-GAAP net profit for Q4 was RMB 1.1 billion, with a full-year net income of RMB 27 billion, reflecting a net margin of 2.1%.
3) Operational Highlights - Active customer base grew by 30% YoY in Q4, surpassing 700 million annual active customers. - JD Food Delivery reported a significant narrowing of losses, with a focus on improving operational efficiency and unit economics. - The advertising revenue segment grew by 15% in Q4 and 18.9% for the full year, supported by enhanced traffic allocation and AI-driven algorithms.
4) Problems / Headwinds - Electronics and home appliances faced a 12% revenue decline in Q4 due to a high comparison base, impacting overall retail performance. - The company anticipates continued challenges in the first half of 2026 due to high base effects but expects recovery in the second half. - Increased memory chip costs may dampen consumption in electronics, affecting sales volume.
5) Guidance & Outlook / Investor Angle - JD.com aims to sustain healthy growth in general merchandise and advertising revenues in 2026, with expectations of improved performance in electronics in the second half. - The company plans to reduce investments in food delivery while focusing on operational efficiency and synergies with core retail. - Shareholder returns remain a priority, with a total annual cash dividend of approximately USD 1.4 billion and a share buyback program.
Bottom line: JD.com demonstrated resilience in 2025, with strong growth in user engagement and diversified revenue streams, positioning itself for continued growth despite short-term challenges in certain categories. The focus on supply chain strength and technological advancements, particularly in AI, supports a positive outlook for sustainable profitability and shareholder returns in 2026.
JD.com Inc — Financial Overview, Stock Price, Market Cap
JD.com Inc is a company. Founded in 1998. As of April 13, 2026, the company's market capitalization is $346593038729 with a current stock price of $112.30.