InsiderClue
Stocks · Consumer discretionary · Retail-Retail Stores, NEC

JD.com, Inc.

JD Clue Score50
China Fiscal year ends December CIK 0001549802
$27.09 +0.67% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $27.09 −65.27% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue258.29Operating income−1.25Net income−3.81EPS, diluted−1.36Fiscal year 2017Revenue362.33 +40.3%Operating income−0.84Net income−0.01EPS, diluted−0.05Fiscal year 2018Revenue462.02 +27.5%Operating income−2.62Net income−2.80EPS, diluted−0.87Fiscal year 2019Revenue576.89 +24.9%Operating income9.00Net income11.89EPS, diluted4.11Fiscal year 2020Revenue745.80 +29.3%Operating income12.34Net income49.34 +314.9%EPS, diluted15.84 +285.4%Fiscal year 2021Revenue951.59 +27.6%Operating income4.14Net income−4.47 −109.1%EPS, diluted−1.15 −107.3%Fiscal year 2022Revenue1,046.24 +9.9%Operating income19.72Net income9.69EPS, diluted3.21Fiscal year 2023Revenue1,084.66 +3.7%Operating income26.03Net income23.26 +140.0%EPS, diluted7.61 +137.1%Fiscal year 2024Revenue1,158.82 +6.8%Operating income38.74Net income44.66 +92.0%EPS, diluted13.43 +76.5%Fiscal year 2025Revenue1,309.09 +13.0%Operating income2.77Net income23.14 −48.2%EPS, diluted6.45 −52.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 258.29 362.33 462.02 576.89 745.80 951.59 1,046.24 1,084.66 1,158.82 1,309.09
Growth +40.3% +27.5% +24.9% +29.3% +27.6% +9.9% +3.7% +6.8% +13.0%
Operating income −1.25 −0.84 −2.62 9.00 12.34 4.14 19.72 26.03 38.74 2.77
Net income −3.81 −0.01 −2.80 11.89 49.34 −4.47 9.69 23.26 44.66 23.14
Growth +314.9% −109.1% +140.0% +92.0% −48.2%
EPS, diluted −1.36 −0.05 −0.87 4.11 15.84 −1.15 3.21 7.61 13.43 6.45
Growth +285.4% −107.3% +137.1% +76.5% −52.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−0.5%Net margin−1.5%Fiscal year 2017Operating margin−0.2%Net margin−0.0%Fiscal year 2018Operating margin−0.6%Net margin−0.6%Fiscal year 2019Operating margin1.6%Net margin2.1%Free cash flow margin3.8%Fiscal year 2020Operating margin1.7%Net margin6.6%Free cash flow margin5.3%Fiscal year 2021Operating margin0.4%Net margin−0.5%Free cash flow margin3.9%Fiscal year 2022Operating margin1.9%Net margin0.9%Free cash flow margin5.0%Fiscal year 2023Operating margin2.4%Net margin2.1%Free cash flow margin5.1%Fiscal year 2024Operating margin3.3%Net margin3.9%Free cash flow margin4.6%Fiscal year 2025Operating margin0.2%Net margin1.8%Free cash flow margin0.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −0.5% −0.2% −0.6% 1.6% 1.7% 0.4% 1.9% 2.4% 3.3% 0.2%
Net margin −1.5% −0.0% −0.6% 2.1% 6.6% −0.5% 0.9% 2.1% 3.9% 1.8%
Free cash flow margin n/a n/a n/a 3.8% 5.3% 3.9% 5.0% 5.1% 4.6% 0.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow8.24Buybacks−5.34Fiscal year 2017Operating cash flow26.86Fiscal year 2018Operating cash flow20.88Buybacks−0.21Fiscal year 2019Operating cash flow24.78Capital expenditure−2.60Free cash flow22.18Buybacks−0.13Fiscal year 2020Operating cash flow42.54Capital expenditure−3.37Free cash flow39.17 +76.6%Buybacks−0.31Dividends paid0.00Fiscal year 2021Operating cash flow42.30Capital expenditure−5.56Free cash flow36.74 −6.2%Buybacks−5.25Dividends paid0.00Fiscal year 2022Operating cash flow57.82Capital expenditure−5.50Free cash flow52.32 +42.4%Buybacks−1.82Dividends paid−13.09Fiscal year 2023Operating cash flow59.52Capital expenditure−4.03Free cash flow55.50 +6.1%Buybacks−2.50Dividends paid−6.74Fiscal year 2024Operating cash flow58.10Capital expenditure−5.35Free cash flow52.74 −5.0%Buybacks−25.91Dividends paid−8.26Fiscal year 2025Operating cash flow18.99Capital expenditure−7.82Free cash flow11.17 −78.8%Buybacks−21.43Dividends paid−10.38
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 8.24 26.86 20.88 24.78 42.54 42.30 57.82 59.52 58.10 18.99
Capital expenditure n/a n/a n/a −2.60 −3.37 −5.56 −5.50 −4.03 −5.35 −7.82
Free cash flow n/a n/a n/a 22.18 39.17 36.74 52.32 55.50 52.74 11.17
Growth +76.6% −6.2% +42.4% +6.1% −5.0% −78.8%
Buybacks −5.34 n/a −0.21 −0.13 −0.31 −5.25 −1.82 −2.50 −25.91 −21.43
Dividends paid n/a n/a n/a n/a 0.00 0.00 −13.09 −6.74 −8.26 −10.38

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash15.57Shareholders’ equity33.89Fiscal year 2017Cash25.69Shareholders’ equity52.04Fiscal year 2018Cash34.26Total debt3.09Net cash (debt)31.17Shareholders’ equity59.77Debt to equity0.05Fiscal year 2019Cash36.97Shareholders’ equity81.86Fiscal year 2020Cash86.09Total debt12.97Net cash (debt)73.11Shareholders’ equity187.54Debt to equity0.07Fiscal year 2021Cash70.77Total debt9.49Net cash (debt)61.28Shareholders’ equity208.91Debt to equity0.05Fiscal year 2022Cash78.86Shareholders’ equity213.37Fiscal year 2023Cash71.89Shareholders’ equity231.86Fiscal year 2024Cash108.35Total debt35.38Net cash (debt)72.97Shareholders’ equity239.35Debt to equity0.15Fiscal year 2025Cash137.49Total debt44.87Net cash (debt)92.62Shareholders’ equity225.04Debt to equity0.20
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 15.57 25.69 34.26 36.97 86.09 70.77 78.86 71.89 108.35 137.49
Total debt n/a n/a 3.09 n/a 12.97 9.49 n/a n/a 35.38 44.87
Net cash (debt) n/a n/a 31.17 n/a 73.11 61.28 n/a n/a 72.97 92.62
Shareholders’ equity 33.89 52.04 59.77 81.86 187.54 208.91 213.37 231.86 239.35 225.04
Debt to equity n/a n/a 0.05 n/a 0.07 0.05 n/a n/a 0.15 0.20

In billions of CNY, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of CNY, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
258.29 362.33 462.02 576.89 745.80 951.59 1,046.24 1,084.66 1,158.82 1,309.09
Growth +40.3% +27.5% +24.9% +29.3% +27.6% +9.9% +3.7% +6.8% +13.0%
222.93 311.52 396.07 492.47 636.69 822.53 899.16 924.96 974.95 1,099.06
n/a 6.65 12.14 14.62 16.15 16.33 16.89 16.39 17.03 22.23
3.44 4.21 5.16 5.49 6.41 11.56 11.05 9.71 8.89 11.98
−1.25 −0.84 −2.62 9.00 12.34 4.14 19.72 26.03 38.74 2.77
Growth +37.2% −66.5% +376.3% +32.0% +48.8% −92.8%
−1.88 0.12 −2.37 13.69 50.82 −2.58 13.87 31.65 51.54 25.32
0.17 0.14 0.43 1.80 1.48 1.89 4.18 8.39 6.88 2.18
−3.81 −0.01 −2.80 11.89 49.34 −4.47 9.69 23.26 44.66 23.14
Growth +314.9% −109.1% +140.0% +92.0% −48.2%
Per share
−1.36 −0.05 −0.87 4.18 16.35 −1.15 3.32 7.69 13.83 6.89
−1.36 −0.05 −0.87 4.11 15.84 −1.15 3.21 7.61 13.43 6.45
Growth +285.4% −107.3% +137.1% +76.5% −52.0%
2,805 2,845 2,878 2,913 3,022 3,107 3,126 3,144 2,990 2,847
2,805 2,911 2,878 2,967 3,109 3,107 3,181 3,171 3,076 2,978
Growth +3.8% −1.2% +3.1% +4.8% −0.1% +2.4% −0.3% −3.0% −3.2%

Shown in CNY as filed; the screener converts to dollars.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 11.9% a year over five years, and earnings per share fell 16.4% a year.
  • The diluted share count fell 4.2% in five years, so buybacks did some of the work per share.
  • Operating margin is down 1.4 points on five years ago, at 0.2%.
  • A net loss in 4 of 10 years on file.