JD.com
Market Cap
US$60.2b
Last Updated
2020/04/09 07:10 UTC
Data Sources
Company Financials +
Executive Summary
JD.com, Inc., through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has JD.com's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JD has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.7%
JD
6.8%
US Online Retail
9.4%
US Market
1 Year Return
36.3%
JD
5.7%
US Online Retail
-6.8%
US Market
Return vs Industry: JD exceeded the US Online Retail industry which returned 4.1% over the past year.
Return vs Market: JD exceeded the US Market which returned -10% over the past year.
Shareholder returns
| JD | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 6.8% | 9.4% |
| 30 Day | -1.5% | 3.3% | -3.9% |
| 90 Day | 5.3% | -2.3% | -16.5% |
| 1 Year | 36.3%36.3% | 5.8%5.7% | -4.8%-6.8% |
| 3 Year | 26.8%26.8% | 82.7%82.4% | 23.4%15.2% |
| 5 Year | 21.3%21.3% | 187.4%175.4% | 41.3%25.7% |
Price Volatility Vs. Market
How volatile is JD.com's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Estimating The Intrinsic Value Of JD.com, Inc. (NASDAQ:JD)1 month ago | Simply Wall St
JD.com, Inc. Just Beat EPS By 57%: Here's What Analysts Think Will Happen Next1 month ago | Simply Wall St
JD.com, Inc.’s (NASDAQ:JD) Investment Returns Are Lagging Its IndustryValuation
Is JD.com undervalued compared to its fair value and its price relative to the market?
22.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JD ($41.99) is trading below our estimate of fair value ($50.63)
Significantly Below Fair Value: JD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: JD is poor value based on its PE Ratio (35.6x) compared to the Online Retail industry average (21.8x).
PE vs Market: JD is poor value based on its PE Ratio (35.6x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: JD is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: JD is overvalued based on its PB Ratio (5.3x) compared to the US Online Retail industry average (2.2x).
Next Steps
Future Growth
How is JD.com forecast to perform in the next 1 to 3 years based on estimates from 37 analysts?
19.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JD's forecast earnings growth (19.1% per year) is above the savings rate (1.7%).
Earnings vs Market: JD's earnings (19.1% per year) are forecast to grow faster than the US market (13.3% per year).
High Growth Earnings: JD's earnings are forecast to grow, but not significantly.
Revenue vs Market: JD's revenue (13.2% per year) is forecast to grow faster than the US market (7% per year).
High Growth Revenue: JD's revenue (13.2% 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 (17.4%).
Next Steps
Past Performance
How has JD.com performed over the past 5 years?
69.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JD has a large one-off gain of CN¥8.6B impacting its December 31 2019 financial results.
Growing Profit Margin: JD became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: JD has become profitable over the past 5 years, growing earnings by 69.5% per year.
Accelerating Growth: JD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: JD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (18.4%).
Return on Equity
High ROE: JD's Return on Equity (11.8%) is considered low.
Next Steps
Financial Health
How is JD.com's financial position?
Financial Position Analysis
Short Term Liabilities: JD's short term assets (CN¥139.1B) do not cover its short term liabilities (CN¥140.0B).
Long Term Liabilities: JD's short term assets (CN¥139.1B) exceed its long term liabilities (CN¥19.1B).
Debt to Equity History and Analysis
Debt Level: JD's debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: JD's debt to equity ratio has increased from 5% to 10% over the past 5 years.
Debt Coverage: JD's debt is well covered by operating cash flow (246.5%).
Interest Coverage: JD earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is JD.com's 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 payouts.
High Dividend: Unable to evaluate JD's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?
6.0yrs
Average board tenure
CEO
Richard Liu (46yo)
no data
Tenure
Mr. Qiangdong Liu, also known as Richard, founded JD.com, Inc. in 2004. He serves as Chairman and Chief Executive Officer at JD.com, Inc. He has been a Non-Executive Director of Farfetch UK Limited since J ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | no data | 15.99% CN¥9.6b | |
| Independent Director | 5.92yrs | no data | no data | |
| Independent Director | 6.08yrs | no data | no data | |
| Director | 6.08yrs | no data | no data | |
| Independent Director | 1.92yrs | no data | no data |
6.0yrs
Average Tenure
55yo
Average Age
Experienced Board: JD's board of directors are considered experienced (6 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 company bio, employee growth, exchange listings and data sources
Key Information
- Name: JD.com, Inc.
- Ticker: JD
- Exchange: NasdaqGS
- Founded:
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$60.197b
- Shares outstanding: 1.46b
- Website: https://www.jd.com
Number of Employees
Location
- JD.com, Inc.
- Building A
- 20th Floor
- Beijing
- 101111
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JD | NasdaqGS (Nasdaq Global Select) | Yes | ADS EA REPR 2 COM 'A' SHS | US | USD | May 2014 |
| JD N | BMV (Bolsa Mexicana de Valores) | Yes | ADS EA REPR 2 COM 'A' SHS | MX | MXN | May 2014 |
| 013A | DB (Deutsche Boerse AG) | Yes | ADS EA REPR 2 COM 'A' SHS | DE | EUR | May 2014 |
| JD | WBAG (Wiener Boerse AG) | Yes | ADS EA REPR 2 COM 'A' SHS | AT | EUR | May 2014 |
Biography
JD.com, Inc., through its subsidiaries, 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. It also provides gifts, flowers, and plants; nutritional supplements; books, e-books, music, movie, and other media products; and virtual goods, such as online travel agency, attraction tickets, and prepaid phone and game cards, as well as industrial products. In addition, the company offers an online marketplace for third-party sellers to sell products to customers; and transaction processing and billing, value-added fulfillment, and other services. Further, it provides online marketing services for suppliers, merchants, and other partners; supply chain and logistics services for various industries; and consumer financing services to individual customers. Additionally, the company offers online-to-offline solutions, as well as online and in-person payment options and customer services. JD.com, Inc. offers its products through its Website jd.com and mobile apps, as well as directly to customers. As of December 31, 2018, JD.com, Inc. operated fulfillment centers in 7 cities; and 550 warehouses in 81cities covering various counties and districts. The company has strategic cooperation agreement with Tencent Holdings Limited. JD.com, Inc. is headquartered in Beijing, China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/09 07:10 |
| End of Day Share Price | 2020/04/08 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.