Retail Trade
JD.com, Inc.
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- Hong Kong's Li & Fung taps JD.com for digital supply chain revamp Jul 31, 2020
- A month on, Hong Kong banks caught between US and China sanctions Jul 30, 2020 See more articles on JD.com, Inc.
Company Background
JD.com is China's No. 2 e-commerce company, behind the Alibaba Group Holding. It was founded in 1998 and is headquartered in Beijing. When the company went public on the U.S. Nasdaq market in May 2014, it raised $1.78 billion, the largest sum ever garnered by a Chinese company in an initial public offering in the U.S. Richard Liu Qiangdong, who graduated from Renmin University of China, in Beijing, in 1996, started the business. It began as a sales agent for CD-ROMs. The company became an online mail-order house in 2004. It expanded its business as the Internet and rising incomes took hold in China.
As Alibaba is by far the largest player in China's online retail market, JD.com enlisted the help of Tencent Holdings, one of China's big three Internet players and the operator of the wildly popular WeChat app. JD.com hopes to woo some 400 million WeChat users. Tencent purchased a stake of about 15% in JD.com in the spring of 2014.
In May 2015, JD.com bought a 27.5% interest in the operator of a major Chinese travel website for $350 million and became its leading shareholder as part of a strategy to expand into new business sectors.
Business Summary
JD.com, Inc. is a technology driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. The company operates through the following business segments: JD Mall, and New Businesses. The JD Mall segment represents its core e-commerce business. The New Businesses segment includes logistic services provided to third parties, technology services, overseas business, insurance and O2O. It also provides an online marketplace, whereby third-party sellers sell products to customers primarily through its websites and mobile apps. The company offers advertising, logistics and other value-added services. JD com was founded on June 18, 1998 by Qiang Dong Liu and is headquartered in Beijing, China.
Financial Highlights
| Dec 2020 | USD | |
| Revenue | 108,052.24M | 108,052.24M |
| Gross Profit | 15,620.37M | 15,620.37M |
| Operating income | 1,549.36M | 1,549.36M |
| Income before tax | 6,740.92M | 6,740.92M |
| Net income | 7,157.85M | 7,157.85M |
| EBITDA | 2,510.94M | 2,510.94M |
| Diluted EPS | 4.58 | 4.58 |
| Dividends Per Share | -- | -- |
| Total Assets | 64,571.97M | 64,571.97M |
| Total liabilities | 30,684.22M | 30,684.22M |
| Total equity | 28,677.22M | 28,677.22M |
| Operating cash flow | 6,163.84M | 6,163.84M |
| Currency in USD | Currency in USD |
Historical Data
| Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | |
| Revenue | 38,878.25M | 53,613.47M | 69,823.02M | 83,487.78M | 108,052.24M |
| Gross Profit | 5,079.55M | 7,255.89M | 9,694.35M | 12,042.52M | 15,620.37M |
| Operating income | -188.40M | -123.62M | -392.44M | 739.54M | 1,549.36M |
| Income before tax | 135.47M | 302.99M | -190.50M | 2,233.15M | 6,740.92M |
| Net income | -301.11M | 17.28M | -376.54M | 1,763.30M | 7,157.85M |
| EBITDA | 319.12M | 484.27M | 420.44M | 1,590.84M | 2,510.94M |
| Diluted EPS | -0.37 | -0.01 | -0.24 | 1.14 | 4.58 |
| Dividends Per Share | 0 | 0 | 0 | 0 | -- |
| Total Assets | 23,076.98M | 28,263.96M | 30,465.19M | 37,286.08M | 64,571.97M |
| Total liabilities | 17,145.65M | 20,219.02M | 19,275.05M | 22,840.41M | 30,684.22M |
| Total equity | 4,877.02M | 7,991.52M | 8,705.73M | 11,751.29M | 28,677.22M |
| Operating cash flow | 1,240.35M | 3,973.93M | 3,155.71M | 3,569.81M | 6,163.84M |
| Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | |
| Revenue | 38,878.25M | 53,613.47M | 69,823.02M | 83,487.78M | 108,052.24M |
| Gross Profit | 5,079.55M | 7,255.89M | 9,694.35M | 12,042.52M | 15,620.37M |
| Operating income | -188.40M | -123.62M | -392.44M | 739.54M | 1,549.36M |
| Income before tax | 135.47M | 302.99M | -190.50M | 2,233.15M | 6,740.92M |
| Net income | -301.11M | 17.28M | -376.54M | 1,763.30M | 7,157.85M |
| EBITDA | 319.12M | 484.27M | 420.44M | 1,590.84M | 2,510.94M |
| Diluted EPS | -0.37 | -0.01 | -0.24 | 1.14 | 4.58 |
| Dividends Per Share | 0 | 0 | 0 | 0 | -- |
| Total Assets | 23,076.98M | 28,263.96M | 30,465.19M | 37,286.08M | 64,571.97M |
| Total liabilities | 17,145.65M | 20,219.02M | 19,275.05M | 22,840.41M | 30,684.22M |
| Total equity | 4,877.02M | 7,991.52M | 8,705.73M | 11,751.29M | 28,677.22M |
| Operating cash flow | 1,240.35M | 3,973.93M | 3,155.71M | 3,569.81M | 6,163.84M |
Valuation Measures
| Dec 2020 | |
| PER | 18.55 |
| ROA | 14.05% |
| ROE | 35.40% |
| Operating margin | 1.43% |
| Profit margin | 6.62% |
Key executives
- Chairman & Chief Executive Officer: Qiang Dong Liu
- Director-Strategy & Operations: Nan Li
- Chief Financial Officer, Senior VP & CFO-JD Retail: Ran Xu
- Senior Vice President: Sheng Li Hu
- Vice President: Chen Kai Ling
Shareholders
- Tiger Global Management LLC (3.8%)
- BlackRock Fund Advisors (1.9%)
- The Vanguard Group, Inc. (1.9%)
- D1 Capital Partners LP (1.5%)
- Invesco Advisers, Inc. (1.4%)
- SSgA Funds Management, Inc. (1.2%)
- Fidelity Management & Research Co. LLC (1.2%)
- Hillhouse Capital Advisors Ltd. (1.0%)
- TRG Investments LLC (0.9%)
- Norges Bank Investment Management (0.9%)
Contact Details
- Website:http://www.jd.com
- Address: Building A, No. 18 Kechuang 11 Street, Beijing, 101111, China
- Phone: +86.10.8911.8888
Related Companies
- JD.Com Inc/Jd Cloud & AI Business/
- Beijing Tongbangzhuoyi Technology Co., Ltd.
- Gorgeous Tulips Ltd.
- Beijing JD Century Trade Holdings Ltd.
- JD Com E-Commerce Technology Hong Kong Corp. Ltd.
- Jingdong E-Commerce Trade Hong Kong Corp. Ltd.
- Jingdong E-Commerce (Express) Hong Kong Corp. Ltd.
- Suqian Hanbang Investment Management Co., Ltd.
- Beijing Jinghong Logistics Co., Ltd.
- Xi'an Jingdong Xuncheng Logistics Co., Ltd.
- Xi'an Jingxundi Supply Chain Technology Co., Ltd.
- JD.com Overseas Innovation Ltd.
- JD Jiankang Ltd.
- JD Asia Development Ltd.
- Jingdong Express International Ltd.
- JD.com Asia Investment Corp.
- JD Assets Holding Ltd.
- JD Logistics Holding Ltd.
- Jingdong Technology Group Corp.
- JD Health International, Inc.
- JD Industrial Technology, Inc.
- JD Logistics, Inc.
- Beijing Kentui Fund Sales Co., Ltd.
- Xi'an Jingdong Xincheng Information Technology Co., Ltd.
- Beijing Jd Shangke Information Technology Co., Ltd.
- JD.com E-Commerce (Singapore) Pte Ltd.
- Wuhan Jingdong Century Trading Co., Ltd.
- Shenyang Jingdong Century Trading Co., Ltd.
- Beijing Jingdong Shangke Information Technology Co., Ltd.
- Beijing Jingdong Century Information Technology Co. Ltd.
Competitors
- Alibaba Group Holding Ltd.
- Yonghui Superstores Co., Ltd. Class A
- Sun Art Retail Group Limited
- Vipshop Holdings Ltd Sponsored ADR
- Chongqing Department Store Co. Ltd. Class A
- Dashang Co., Ltd. Class A
- GOME Retail Holdings Limited
- Suning.com Co., Ltd. Class A
- Shanghai Bailian Group Co., Ltd. Class B
- Jowell Global Ltd.
- Ozon Holdings Plc Sponsored ADR
- Wunong Net Technology Co. Ltd.
- 111, Inc. Sponsored ADR Class A
- BEST, Inc. Sponsored ADR Class A
- Com7 Public Co. Ltd.
- Fincera Inc
- Prosus N.V. Class N
- Seven & I Holdings Co., Ltd.
- China Finance Online Co., Ltd. Sponsored ADR
- Essence Information Technology Co., Ltd. Class A
- FinVolution Group Sponsored ADR Class A
- Giglio Group SpA
- Lexinfintech Holdings Ltd. Sponsored ADR Class A
- OneConnect Financial Technology Co Ltd Sponsored ADR
- Primax Electronics Ltd.
- Stealth Global Holdings Ltd.
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Last Updated on 13 Apr, 2021
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