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JD.com, Inc. (HKG:9618)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
107.00
-1.60 (-1.47%)
Sep 3, 2026, 2:05 PM HKT

JD.com Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
14,79419,63141,35924,16710,380-3,560
Depreciation & Amortization
9,6089,7478,9048,2927,2366,232
Other Amortization
-----14
Loss (Gain) From Sale of Assets
-458-458-2,039-2,3172,586-889
Asset Writedown & Restructuring Costs
1,3031,3032,3615,168--
Loss (Gain) From Sale of Investments
4304301,9443,8986,0657,826
Loss (Gain) on Equity Investments
-8,025-8,025-2,327-1,0102,1954,918
Stock-Based Compensation
4,7264,7262,9994,8047,5489,134
Provision & Write-off of Bad Debts
340340333641926708
Other Operating Activities
35,442-1,660-587-212-2,477-1,600
Change in Accounts Receivable
-2,526-2,526-4,546-310-7,196-5,632
Change in Inventory
-3,959-3,959-21,83010,966-2,269-16,804
Change in Accounts Payable
-4,909-4,90927,8444,61417,65832,585
Change in Unearned Revenue
3,7803,780242-3,4854,2078,459
Change in Income Taxes
-2,275-2,2751,9131,3113,206-468
Change in Other Net Operating Assets
2,8462,8461,5252,9947,7541,378
Operating Cash Flow
51,11718,99158,09559,52157,81942,301
Operating Cash Flow Growth
105.96%-67.31%-2.40%2.94%36.69%-0.57%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-22,622-17,394-17,509-20,502-19,847-16,033
Sale of Property, Plant & Equipment
5,0565,0563,9037,1053,1045,314
Cash Acquisitions
-1,105-1,105-2,776--15,684-321
Sale (Purchase) of Intangibles
-397-397-618-4,981-5,236-7,848
Investment in Securities
58,21458,21416,873-44,022-15,928-55,142
Other Investing Activities
-78,451-1,840-1,0062,632-5901,418
Investing Cash Flow
-40,00741,832-871-59,543-54,026-74,248

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-----7,133
Long-Term Debt Issued
-34,27127,62730,50047,309-
Total Debt Issued
34,27134,27127,62730,50047,3097,133
Short-Term Debt Repaid
------5,982
Long-Term Debt Repaid
--24,003-13,253-27,387-35,470-3,275
Total Debt Repaid
-24,003-24,003-13,253-27,387-35,470-9,257
Net Debt Issued (Repaid)
10,26810,26814,3743,11311,839-2,124
Issuance of Common Stock
333327331,04362
Repurchase of Common Stock
-21,430-21,430-25,912-2,497-1,823-5,246
Common Dividends Paid
-10,379-10,379-8,263-6,741-11,087-
Other Financing Activities
-10,823-5,220-1,2302843,20826,811
Financing Cash Flow
-32,331-26,728-21,004-5,8081,18019,503

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-2,472-186981253,490-1,498
Net Cash Flow
-23,69333,90936,318-5,7058,463-13,942

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
28,4951,59740,58639,01937,97226,268
Free Cash Flow Growth
249.38%-96.06%4.02%2.76%44.56%-16.94%
Free Cash Flow Margin
2.17%0.12%3.50%3.60%3.63%2.76%
Free Cash Flow Per Share
19.671.0726.3924.6123.8816.91
Levered Free Cash Flow
16,131-10,43613,13123,46919,19712,007
Unlevered Free Cash Flow
17,977-8,68414,94125,27020,51312,751

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
2,6842,6842,7742,8082,3931,221
Cash Income Tax Paid
8,6978,6978,8075,4622,5552,538
Change in Working Capital
-7,043-7,0435,14816,09023,36019,518