JD.com, Inc. (FRA:013C)

JD.com Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,303,787	1,158,819	1,084,662	1,046,236	951,592	745,802
Revenue Growth (YoY)	16.63%	6.84%	3.67%	9.95%	27.59%	29.28%
Cost of Revenue	1,179,713	1,045,377	989,516	962,174	881,581	685,394
Gross Profit	124,074	113,442	95,146	84,062	70,011	60,408
Selling, General & Admin	86,563	56,841	49,843	48,825	50,305	33,565
Research & Development	19,950	17,031	16,393	16,893	16,332	16,149
Operating Expenses	106,513	73,872	66,236	65,718	66,637	49,714
Operating Income	17,561	39,570	28,910	18,344	3,374	10,694
Interest Expense	-2,899	-2,896	-2,881	-2,106	-1,213	-1,125
Interest & Investment Income	9,353	9,353	9,576	5,742	4,213	2,753
Earnings From Equity Investments	6,698	2,327	1,010	-2,195	-4,918	4,291
Currency Exchange Gain (Loss)	-111	-111	-28	114	42	-90
Other Non Operating Income (Expenses)	6,232	5,421	1,757	2,212	2,841	3,093
EBT Excluding Unusual Items	36,834	53,664	38,344	22,111	4,339	19,616
Impairment of Goodwill	-799	-799	-3,143	-	-	-
Gain (Loss) on Sale of Investments	-1,121	-1,944	-3,898	-6,065	-7,826	29,275
Gain (Loss) on Sale of Assets	2,856	2,179	2,372	-2,179	907	1,928
Asset Writedown	-1,562	-1,562	-2,025	-	-	-
Pretax Income	38,288	51,538	31,650	13,867	-2,580	50,819
Income Tax Expense	3,055	6,878	8,393	4,176	1,887	1,482
Earnings From Continuing Operations	35,233	44,660	23,257	9,691	-4,467	49,337
Net Income to Company	35,233	44,660	23,257	9,691	-4,467	49,337
Minority Interest in Earnings	-3,035	-3,301	910	689	907	68
Net Income	32,198	41,359	24,167	10,380	-3,560	49,405
Net Income to Common	32,198	41,359	24,167	10,380	-3,560	49,405
Net Income Growth	-7.73%	71.14%	132.82%	-	-	305.49%
Shares Outstanding (Basic)	1,435	1,495	1,572	1,563	1,554	1,511
Shares Outstanding (Diluted)	1,502	1,538	1,585	1,590	1,554	1,555
Shares Change (YoY)	-3.35%	-2.98%	-0.33%	2.36%	-0.05%	4.78%
EPS (Basic)	22.43	27.67	15.37	6.64	-2.29	32.70
EPS (Diluted)	21.27	26.86	15.23	6.42	-2.29	31.68
EPS Growth	-5.18%	76.40%	137.18%	-	-	285.41%
Free Cash Flow	9,102	40,586	39,019	37,972	26,268	31,625
Free Cash Flow Per Share	6.06	26.39	24.61	23.88	16.91	20.34
Dividend Per Share	7.299	7.299	5.389	4.276	-	-
Dividend Growth	35.44%	35.44%	26.02%	-	-	-
Gross Margin	9.52%	9.79%	8.77%	8.04%	7.36%	8.10%
Operating Margin	1.35%	3.42%	2.67%	1.75%	0.36%	1.43%
Profit Margin	2.47%	3.57%	2.23%	0.99%	-0.37%	6.62%
Free Cash Flow Margin	0.70%	3.50%	3.60%	3.63%	2.76%	4.24%
EBITDA	27,021	48,474	37,202	25,580	9,606	16,762
EBITDA Margin	2.07%	4.18%	3.43%	2.44%	1.01%	2.25%
D&A For EBITDA	9,460	8,904	8,292	7,236	6,232	6,068
EBIT	17,561	39,570	28,910	18,344	3,374	10,694
EBIT Margin	1.35%	3.42%	2.67%	1.75%	0.36%	1.43%
Effective Tax Rate	7.98%	13.35%	26.52%	30.11%	-	2.92%
Revenue as Reported	1,303,787	1,158,819	1,084,662	1,046,236	951,592	745,802
Advertising Expenses	-	38,172	31,761	29,898	32,704	23,088

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