JD

JD.comNasdaqGS:JD Stock Report

Market Cap

US$120.6b

7D

-3.7%

1Y

4.3%

Updated

19 Sep, 2021

Data

Company Financials +
JD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends0/6

JD Overview

JD.com, Inc. operates as an e-commerce company and retail infrastructure service provider in the People’s Republic of China.

JD.com Competitors

Amazon.com

NasdaqGS:AMZN

US$1.8t

Pinduoduo

NasdaqGS:PDD

US$126.2b

Ozon Holdings

NasdaqGS:OZON

US$10.5b

Vipshop Holdings

NYSE:VIPS

US$8.7b

Price History & Performance

Summary of all time highs, changes and price drops for JD.com
Historical stock prices
Current Share PriceUS$77.69
52 Week HighUS$61.65
52 Week LowUS$108.29
Beta0.77
1 Month Change22.12%
3 Month Change6.98%
1 Year Change4.28%
3 Year Change193.28%
5 Year Change189.46%
Change since IPO271.72%

Recent News & Updates

Sep 11
Here's Why JD.com (NASDAQ:JD) Can Manage Its Debt Responsibly

Here's Why JD.com (NASDAQ:JD) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Sep 03

Where Will JD.com Stock Be In 5 Years? It Depends On Government Policies And Regulations

JD's share price fell by -18% between late July and mid-August due to concerns over regulatory and policy risks, but its stock price staged a strong recovery after better-than-expected Q2 results. In five years' time, JD will continue to be a fast-growing company in terms of its top-line expansion, but there is much more uncertainty associated with future profit margins. In my opinion, JD is a Hold now, rather than a good long-term buy.

Aug 27
JD.com, Inc.'s (NASDAQ:JD) Intrinsic Value Is Potentially 44% Above Its Share Price

JD.com, Inc.'s (NASDAQ:JD) Intrinsic Value Is Potentially 44% Above Its Share Price

Does the August share price for JD.com, Inc. ( NASDAQ:JD ) reflect what it's really worth? Today, we will estimate the...

Shareholder Returns

JDUS Online RetailUS Market
7D-3.7%-1.0%-0.6%
1Y4.3%1.3%33.8%

Return vs Industry: JD exceeded the US Online Retail industry which returned 1.3% over the past year.

Return vs Market: JD underperformed the US Market which returned 33.8% over the past year.

Price Volatility

Is JD's price volatile compared to industry and market?
JD volatility
JD Beta0.77
Industry Beta1.09
Market Beta1

Stable Share Price: JD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: JD's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006320,000Richard Liuhttps://www.jd.com

JD.com, Inc. operates as an e-commerce company and retail infrastructure service provider in the People’s Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women’s shoes, bags, jewelry, and luxury goods; men’s shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.

JD.com Fundamentals Summary

How do JD.com's earnings and revenue compare to its market cap?
JD fundamental statistics
Market CapCN¥779.70b
Earnings (TTM)CN¥36.30b
Revenue (TTM)CN¥855.52b

21.5x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JD income statement (TTM)
RevenueCN¥855.52b
Cost of RevenueCN¥791.53b
Gross ProfitCN¥63.99b
ExpensesCN¥27.69b
EarningsCN¥36.30b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)23.39
Gross Margin7.48%
Net Profit Margin4.24%
Debt/Equity Ratio5.2%

How did JD perform over the long term?

See historical performance and comparison

Valuation

Is JD.com undervalued compared to its fair value and its price relative to the market?

37.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JD ($77.69) is trading below our estimate of fair value ($123.6)

Significantly Below Fair Value: JD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JD is good value based on its PE Ratio (21.5x) compared to the US Online Retail industry average (33.9x).

PE vs Market: JD is poor value based on its PE Ratio (21.5x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: JD is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: JD is good value based on its PB Ratio (3.6x) compared to the US Online Retail industry average (4.8x).


Future Growth

How is JD.com forecast to perform in the next 1 to 3 years based on estimates from 41 analysts?

31.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JD's forecast earnings growth (31.8% per year) is above the savings rate (2%).

Earnings vs Market: JD's earnings (31.8% per year) are forecast to grow faster than the US market (14.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JD's revenue (17.2% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: JD's revenue (17.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JD's Return on Equity is forecast to be low in 3 years time (9.7%).


Past Performance

How has JD.com performed over the past 5 years?

81.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JD has a large one-off gain of CN¥19.6B impacting its June 30 2021 financial results.

Growing Profit Margin: JD's current net profit margins (4.2%) are higher than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: JD has become profitable over the past 5 years, growing earnings by 81.8% per year.

Accelerating Growth: JD's earnings growth over the past year (66.8%) is below its 5-year average (81.8% per year).

Earnings vs Industry: JD earnings growth over the past year (66.8%) exceeded the Online Retail industry 50%.


Return on Equity

High ROE: JD's Return on Equity (14.4%) is considered low.


Financial Health

How is JD.com's financial position?


Financial Position Analysis

Short Term Liabilities: JD's short term assets (CN¥285.6B) exceed its short term liabilities (CN¥196.9B).

Long Term Liabilities: JD's short term assets (CN¥285.6B) exceed its long term liabilities (CN¥29.8B).


Debt to Equity History and Analysis

Debt Level: JD's debt to equity ratio (5.2%) is considered satisfactory.

Reducing Debt: JD's debt to equity ratio has reduced from 50.6% to 5.2% over the past 5 years.

Debt Coverage: JD's debt is well covered by operating cash flow (299.4%).

Interest Coverage: JD earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is JD.com current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate JD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate JD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if JD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JD's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Richard Liu (48 yo)

no data

Tenure

Mr. Qiangdong Liu, also known as Richard, founded JD.com, Inc. in 2004. He is a Non-Executive Director at JD Health International Inc. and serves as its Chairman since 2021. He serves as Chairman and Chief...


Leadership Team

Experienced Management: JD's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: JD's board of directors are considered experienced (7.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

JD.com, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: JD.com, Inc.
  • Ticker: JD
  • Exchange: NasdaqGS
  • Founded: 2006
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$120.587b
  • Shares outstanding: 1.55b
  • Website: https://www.jd.com

Number of Employees


Location

  • JD.com, Inc.
  • Building A
  • 20th Floor
  • Beijing
  • 101111
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 22:08
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.