JD Health International Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	65,106	58,160	53,530	46,736	30,682	19,383
Revenue Growth (YoY)	18.89%	8.65%	14.54%	52.32%	58.30%	78.77%
Cost of Revenue	49,605	44,851	41,665	36,845	23,485	14,465
Gross Profit	15,501	13,309	11,865	9,892	7,197	4,917
Selling, General & Admin	11,442	10,499	9,938	8,871	7,670	3,957
Research & Development	1,422	1,330	1,226	1,067	892.91	609.07
Operating Expenses	13,246	12,146	11,234	10,037	8,601	4,566
Operating Income	2,255	1,163	630.85	-145.12	-1,404	351.6
Interest Expense	-8.34	-8.19	-9.49	-9.1	-6	-3.42
Interest & Investment Income	1,780	1,961	1,949	864.27	457.57	149.12
Earnings From Equity Investments	-83.87	-85.53	-70.76	-96.76	-94.17	-77.02
Other Non Operating Income (Expenses)	1,279	1,767	193.71	82.52	145.15	-17,492
EBT Excluding Unusual Items	5,221	4,797	2,693	695.81	-901.49	-17,072
Pretax Income	5,221	4,797	2,693	695.81	-901.49	-17,072
Income Tax Expense	507.02	639.66	550.47	312.58	171.33	162.76
Earnings From Continuing Operations	4,714	4,157	2,143	383.23	-1,073	-17,235
Minority Interest in Earnings	7.12	4.83	-1.04	-3.12	-0.69	0.53
Net Income	4,721	4,162	2,142	380.11	-1,074	-17,234
Net Income to Common	4,721	4,162	2,142	380.11	-1,074	-17,234
Net Income Growth	80.36%	94.31%	463.49%	-	-	-
Shares Outstanding (Basic)	3,153	3,143	3,124	3,107	3,095	2,209
Shares Outstanding (Diluted)	3,177	3,160	3,164	3,144	3,095	2,209
Shares Change (YoY)	0.53%	-0.12%	0.62%	1.60%	40.13%	2.76%
EPS (Basic)	1.50	1.32	0.69	0.12	-0.35	-7.80
EPS (Diluted)	1.48	1.32	0.68	0.12	-0.35	-7.80
EPS Growth	77.23%	94.12%	466.67%	-	-	-
Free Cash Flow	8,285	4,294	4,544	5,865	2,929	3,684
Free Cash Flow Per Share	2.61	1.36	1.44	1.86	0.95	1.67
Gross Margin	23.81%	22.88%	22.17%	21.16%	23.46%	25.37%
Operating Margin	3.46%	2.00%	1.18%	-0.31%	-4.58%	1.81%
Profit Margin	7.25%	7.16%	4.00%	0.81%	-3.50%	-88.92%
Free Cash Flow Margin	12.73%	7.38%	8.49%	12.55%	9.54%	19.01%
EBITDA	2,424	1,315	794.92	-60.93	-1,372	364.5
EBITDA Margin	3.72%	2.26%	1.49%	-0.13%	-4.47%	1.88%
D&A For EBITDA	169.08	151.95	164.07	84.19	32.41	12.91
EBIT	2,255	1,163	630.85	-145.12	-1,404	351.6
EBIT Margin	3.46%	2.00%	1.18%	-0.31%	-4.58%	1.81%
Effective Tax Rate	9.71%	13.34%	20.44%	44.92%	-	-
Advertising Expenses	-	1,564	1,305	922.22	1,290	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.