Cash flow JD.com, Inc.

Equities

JD

US47215P1066

Department Stores

Market Closed - Nasdaq Other stock markets 04:00:00 2024-12-06 pm EST			5-day change	1st Jan Change
37.18 ^USD	+2.11%		-0.54%	+28.70%

Dec. 06	JD.com's JD Logistics Unit to Fully Acquire Kuayue-Express	MT
Nov. 25	Hong Kong Stocks Extend Sell-Off; Meituan, JD.com Shares Slide 3%	MT

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Published financial data: JD.COM, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	577B	746B	952B	1,046B	1,085B
Total Revenues	577B	746B	952B	1,046B	1,085B
Cost of Goods Sold, Total	529B	685B	882B	962B	990B
Gross Profit	47.45B	60.41B	70.01B	84.06B	95.15B
Selling General & Admin Expenses, Total	27.72B	33.57B	50.3B	48.82B	49.84B
R&D Expenses	14.62B	16.15B	16.33B	16.89B	16.39B
Other Operating Expenses, Total	42.34B	49.71B	66.64B	65.72B	66.24B
Operating Income	5.11B	10.69B	3.37B	18.34B	28.91B
Interest Expense, Total	-725M	-1.13B	-1.21B	-2.11B	-2.88B
Interest And Investment Income	1.79B	2.75B	4.21B	5.74B	9.58B
Net Interest Expenses	1.06B	1.63B	3B	3.64B	6.7B
Income (Loss) On Equity Invest.	-1.74B	4.29B	-4.92B	-2.2B	1.01B
Currency Exchange Gains (Loss)	124M	-89.99M	42M	114M	-28M
Other Non Operating Income (Expenses)	2.51B	3.09B	2.84B	2.21B	1.76B
EBT, Excl. Unusual Items	7.07B	19.62B	4.34B	22.11B	38.34B
Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-3.14B
Gain (Loss) On Sale Of Investments	1.54B	29.28B	-7.83B	-6.06B	-3.9B
Gain (Loss) On Sale Of Assets	5.08B	1.93B	907M	-2.18B	2.37B
Asset Writedown	-	-	-	-	-2.02B
EBT, Incl. Unusual Items	13.69B	50.82B	-2.58B	13.87B	31.65B
Income Tax Expense	1.8B	1.48B	1.89B	4.18B	8.39B
Earnings From Continuing Operations	11.89B	49.34B	-4.47B	9.69B	23.26B
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	11.89B	49.34B	-4.47B	9.69B	23.26B
Minority Interest	294M	67.98M	907M	689M	910M
Net Income - (IS)	12.18B	49.41B	-3.56B	10.38B	24.17B
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	12.18B	49.41B	-3.56B	10.38B	24.17B
Net Income to Common Excl. Extra Items	12.18B	49.41B	-3.56B	10.38B	24.17B
Per Share Items
Net EPS - Basic	8.37	32.7	-2.29	6.64	15.37
Basic EPS - Continuing Operations	8.37	32.7	-2.29	6.64	15.37
Basic Weighted Average Shares Outstanding	1.46B	1.51B	1.55B	1.56B	1.57B
Net EPS - Diluted	8.22	31.68	-2.29	6.42	15.23
Diluted EPS - Continuing Operations	8.22	31.68	-2.29	6.42	15.23
Diluted Weighted Average Shares Outstanding	1.48B	1.55B	1.55B	1.59B	1.59B
Normalized Basic EPS	3.23	8.16	2.33	9.28	15.82
Normalized Diluted EPS	3.18	7.93	2.33	9.12	15.69
Dividend Per Share	-	-	-	4.28	5.39
Payout Ratio	-	-	-	126.08	27.89
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	10.94B	16.76B	9.61B	25.58B	37.2B
EBITA	6.26B	11.72B	4.61B	20.28B	30.19B
EBIT	5.11B	10.69B	3.37B	18.34B	28.91B
EBITDAR	15.75B	23.8B	19.43B	37.4B	50.38B
Total Revenues (As Reported)	577B	746B	952B	1,046B	1,085B
Effective Tax Rate - (Ratio)	13.16	2.92	-73.14	30.11	26.52
Current Domestic Taxes	1.27B	2.2B	2.54B	-	-
Total Current Taxes	1.27B	2.2B	2.54B	4.72B	7.52B
Deferred Domestic Taxes	533M	-719M	-651M	-	-
Total Deferred Taxes	533M	-719M	-651M	-549M	869M
Normalized Net Income	4.71B	12.33B	3.62B	14.51B	24.88B
Interest on Long-Term Debt	37.65M	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	19.29B	23.09B	32.7B	29.9B	-
Marketing Expenses	2.69B	3.72B	5.45B	7.24B	39.71B
Selling and Marketing Expenses	22.23B	27.16B	38.74B	37.77B	40.13B
General and Administrative Expenses	5.49B	6.41B	11.56B	11.05B	9.71B
Research And Development Expense From Footnotes	14.62B	16.15B	16.33B	16.89B	16.39B
Net Rental Expense, Total	4.81B	7.03B	9.82B	11.82B	13.18B
Imputed Operating Lease Interest Expense	1.68B	2.52B	2.9B	4.02B	4.55B
Imputed Operating Lease Depreciation	3.13B	4.52B	6.92B	7.81B	8.63B
Stock-Based Comp., COGS (Total)	522M	744M	984M	1.07B	830M
Stock-Based Comp., R&D Exp. (Total)	1.34B	1.4B	1.78B	1.56B	859M
Stock-Based Comp., S&M Exp. (Total)	259M	347M	586M	631M	426M
Stock-Based Comp., G&A Exp. (Total)	1.57B	1.66B	5.78B	4.29B	2.69B
Total Stock-Based Compensation	3.69B	4.16B	9.13B	7.55B	4.8B

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	36.97B	86.08B	70.77B	78.86B	71.89B
Short Term Investments	24.6B	60.58B	115B	141B	118B
Total Cash And Short Term Investments	61.57B	147B	185B	220B	190B
Accounts Receivable, Total	10.42B	13.78B	17.4B	26.72B	22.42B
Other Receivables	-	-	-	-	-
Notes Receivable	1.55B	683M	1.82B	2.13B	1.71B
Total Receivables	11.98B	14.46B	19.22B	28.85B	24.13B
Inventory	57.93B	58.93B	75.6B	77.95B	68.06B
Prepaid Expenses	-	-	-	-	-
Restricted Cash	2.94B	4.43B	5.93B	6.25B	7.51B
Other Current Assets, Total	4.67B	10.31B	13.6B	18.07B	17.97B
Total Current Assets	139B	235B	300B	351B	308B
Gross Property Plant And Equipment	48.02B	63.09B	76.03B	103B	121B
Accumulated Depreciation	-12.91B	-17.11B	-17.28B	-14.29B	-19.84B
Net Property Plant And Equipment	35.1B	45.99B	58.75B	88.51B	101B
Long-term Investments	56.99B	97.59B	82.31B	69.25B	138B
Goodwill	6.64B	10.9B	12.43B	23.12B	19.98B
Other Intangibles, Total	15B	17.59B	20.16B	42.99B	46.5B
Accounts Receivable Long-Term	-	243M	264M	-	-
Loans Receivable Long-Term	180M	259M	733M	142M	251M
Deferred Tax Assets Long-Term	80.56M	533M	1.11B	1.54B	1.74B
Other Long-Term Assets, Total	6.63B	14.39B	21.07B	18.63B	14.27B
Total Assets	260B	422B	497B	595B	629B
Liabilities
Accounts Payable, Total	90.66B	85.14B	113B	127B	133B
Accrued Expenses, Total	7.26B	33.39B	41.18B	52.08B	52.13B
Short-term Borrowings	-	-	4.37B	12.15B	5.03B
Current Portion of Long-Term Debt	-	3.26B	-	-	-
Current Portion of Leases	3.19B	5.51B	6.66B	7.69B	7.76B
Current Income Taxes Payable	2.02B	3.03B	2.57B	5.93B	7.31B
Unearned Revenue Current, Total	19.41B	24.42B	32.56B	37.06B	33.72B
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	17.49B	19.27B	21.59B	24.83B	26.66B
Total Current Liabilities	140B	174B	222B	267B	266B
Long-Term Debt	10.05B	12.53B	9.39B	30.23B	41.97B
Long-Term Leases	5.52B	10.25B	13.72B	14.98B	13.68B
Unearned Revenue Non Current	1.94B	1.62B	1.3B	1.11B	964M
Deferred Tax Liability Non Current	1.34B	1.92B	1.9B	6.51B	9.27B
Other Non Current Liabilities	226M	332M	1.79B	1.74B	1.06B
Total Liabilities	159B	201B	250B	321B	333B
Common Stock, Total	381K	404K	-	-	-
Additional Paid In Capital	90.68B	153B	183B	184B	184B
Retained Earnings	-10.45B	38.95B	35.39B	32.78B	50.16B
Treasury Stock	-2.53B	-1.22B	-2.97B	-2.49B	-3.41B
Comprehensive Income and Other	4.16B	-3.55B	-6.09B	-959M	903M
Total Common Equity	81.86B	188B	209B	213B	232B
Minority Interest	18.77B	34.08B	37.87B	60.76B	64.52B
Total Equity	101B	222B	247B	274B	296B
Total Liabilities And Equity	260B	422B	497B	595B	629B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.46B	1.55B	1.56B	1.57B	1.57B
ECS Total Common Shares Outstanding	1.46B	1.55B	1.56B	1.57B	1.57B
Book Value / Share	55.98	120.86	134.31	136.09	147.79
Tangible Book Value	60.21B	159B	176B	147B	165B
Tangible Book Value Per Share	41.18	102.5	113.36	93.92	105.42
Total Debt	18.77B	31.55B	34.14B	65.04B	68.43B
Net Debt	-42.81B	-115B	-151B	-155B	-122B
Debt Equivalent Oper. Leases	38.5B	56.27B	78.57B	94.6B	105B
Minority Interest, Total (Incl. Fin. Div)	18.77B	34.08B	37.87B	60.76B	64.52B
Equity Method Investments, Total	15.48B	30.17B	36.25B	28.95B	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	223M	470M	478M	1.1B	1.13B
Inventories - Finished Goods, Total	58.8B	60.45B	77.42B	80.97B	71.3B
Land - (BS)	-	-	-	40.64B	56.44B
Buildings, Total	9.08B	11.28B	21.07B	-	-
Machinery, Total	22.14B	24.75B	24.52B	23.14B	27.26B
Full Time Employees	228K	315K	385K	451K	517K
Accumulated Allowance for Doubtful Accounts (Supple)	318M	566M	1.03B	1.58B	1.89B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	12.18B	49.41B	-3.56B	10.38B	24.17B
Depreciation & Amortization - CF	4.67B	5.04B	5B	5.3B	7.01B
Amortization of Goodwill and Intangible Assets - (CF)	1.15B	1.03B	1.23B	1.94B	1.28B
Depreciation & Amortization, Total	5.83B	6.07B	6.23B	7.24B	8.29B
Amortization of Deferred Charges, Total - (CF)	14.81M	19.26M	14M	12M	12M
(Gain) Loss From Sale Of Asset	-5.02B	-1.86B	-889M	2.59B	-2.32B
(Gain) Loss on Sale of Investments - (CF)	-1.54B	-29.28B	7.83B	6.06B	3.9B
Asset Writedown & Restructuring Costs	-	-	-	-	5.17B
(Income) Loss On Equity Investments - (CF)	1.74B	-4.29B	4.92B	2.2B	-1.01B
Stock-Based Compensation (CF)	3.69B	4.16B	9.13B	7.55B	4.8B
Provision and Write-off of Bad Debts	-	353M	708M	926M	641M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	115M	-708M	-1.6B	-1.36B	-13M
Change In Accounts Receivable	3.94B	-412M	-5.63B	-7.2B	-310M
Change In Inventories	-14.04B	-1.5B	-16.8B	-2.27B	10.97B
Change In Accounts Payable	10.39B	11.09B	32.58B	17.66B	4.61B
Change in Unearned Revenues	3.52B	3.82B	8.46B	4.21B	-3.48B
Change In Income Taxes	723M	849M	-468M	3.21B	1.31B
Change in Other Net Operating Assets	3.24B	4.83B	1.38B	6.62B	2.78B
Cash from Operations	24.78B	42.54B	42.3B	57.82B	59.52B
Capital Expenditure	-7.92B	-10.92B	-16.03B	-19.84B	-20.5B
Sale of Property, Plant, and Equipment	7.91B	4.79B	5.31B	3.1B	7.1B
Cash Acquisitions	-41.38M	671M	-321M	-15.68B	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-1.08B	-1.54B	-7.85B	-5.25B	-4.98B
Investment in Marketable and Equity Securities, Total	-29.15B	-48.43B	-55.14B	-15.93B	-44.02B
Net (Increase) Decrease in Loans Originated / Sold - Investing	1.03B	575M	-1.64B	155M	225M
Other Investing Activities, Total	3.9B	-2.96B	1.42B	-590M	2.63B
Cash from Investing	-25.35B	-57.81B	-74.25B	-54.03B	-59.54B
Short Term Debt Issued, Total	5.8B	14.77B	7.13B	33.21B	17.34B
Long-Term Debt Issued, Total	-	6.8B	-	14.1B	13.16B
Total Debt Issued	5.8B	21.57B	7.13B	47.31B	30.5B
Short Term Debt Repaid, Total	-5.97B	-16.58B	-5.98B	-31.8B	-16.19B
Long-Term Debt Repaid, Total	-3.89B	-196M	-3.28B	-3.67B	-11.2B
Total Debt Repaid	-9.86B	-16.78B	-9.26B	-35.47B	-27.39B
Issuance of Common Stock	112M	31.58B	62M	1.04B	33M
Repurchase of Common Stock	-131M	-312M	-5.25B	-1.82B	-2.5B
Common Dividends Paid	-	-	-	-13.09B	-6.74B
Common & Preferred Stock Dividends Paid	-	-	-	-13.09B	-6.74B
Other Financing Activities, Total	6.64B	35.01B	26.81B	3.21B	284M
Cash from Financing	2.57B	71.07B	19.5B	1.18B	-5.81B
Foreign Exchange Rate Adjustments	406M	-5.08B	-1.5B	3.49B	125M
Net Change in Cash	2.41B	50.72B	-13.94B	8.46B	-5.7B
Supplemental Items
Cash Interest Paid	679M	1.02B	1.22B	2.39B	2.81B
Cash Income Tax Paid (Refund)	808M	1.19B	2.54B	2.56B	5.46B
Levered Free Cash Flow	14.82B	21.57B	12.01B	19.21B	23.48B
Unlevered Free Cash Flow	15.26B	22.25B	12.75B	20.51B	25.27B
Change In Net Working Capital	-11.54B	-17.8B	-19.16B	-19.35B	-19.59B
Net Debt Issued / Repaid	-4.05B	4.79B	-2.12B	11.84B	3.11B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.36	1.96	0.46	2.1	2.95
Return on Total Capital	3.03	3.59	0.79	3.7	5.13
Return On Equity %	13.4	30.62	-1.91	3.72	8.15
Return on Common Equity	17.21	36.68	-1.8	4.92	10.86
Margin Analysis
Gross Profit Margin %	8.23	8.1	7.36	8.03	8.77
SG&A Margin	4.81	4.5	5.29	4.67	4.6
EBITDA Margin %	1.9	2.25	1.01	2.44	3.43
EBITA Margin %	1.09	1.57	0.48	1.94	2.78
EBIT Margin %	0.89	1.43	0.35	1.75	2.67
Income From Continuing Operations Margin %	2.06	6.62	-0.47	0.93	2.14
Net Income Margin %	2.11	6.62	-0.37	0.99	2.23
Net Avail. For Common Margin %	2.11	6.62	-0.37	0.99	2.23
Normalized Net Income Margin	0.82	1.65	0.38	1.39	2.29
Levered Free Cash Flow Margin	2.57	2.89	1.26	1.84	2.16
Unlevered Free Cash Flow Margin	2.65	2.98	1.34	1.96	2.33
Asset Turnover