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JD.COM INC-ADR (JD) Stock Fundamental Analysis

NASDAQ:JD - Nasdaq - US47215P1066 - ADR - Currency: USD

33.38  -0.31 (-0.92%)

Fundamental Rating

6

JD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 31 industry peers in the Broadline Retail industry. JD has only an average score on both its financial health and profitability. JD scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

JD had positive earnings in the past year.
In the past year JD had a positive cash flow from operations.
Of the past 5 years JD 4 years were profitable.
Each year in the past 5 years JD had a positive operating cash flow.
JD Yearly Net Income VS EBIT VS OCF VS FCFJD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B

1.2 Ratios

The Return On Assets of JD (6.66%) is better than 70.97% of its industry peers.
JD has a better Return On Equity (19.26%) than 74.19% of its industry peers.
With a decent Return On Invested Capital value of 8.62%, JD is doing good in the industry, outperforming 74.19% of the companies in the same industry.
JD had an Average Return On Invested Capital over the past 3 years of 6.16%. This is significantly below the industry average of 11.52%.
The 3 year average ROIC (6.16%) for JD is below the current ROIC(8.62%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 6.66%
ROE 19.26%
ROIC 8.62%
ROA(3y)3.84%
ROA(5y)4.5%
ROE(3y)10.86%
ROE(5y)11.44%
ROIC(3y)6.16%
ROIC(5y)4.58%
JD Yearly ROA, ROE, ROICJD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

With a decent Profit Margin value of 3.76%, JD is doing good in the industry, outperforming 67.74% of the companies in the same industry.
In the last couple of years the Profit Margin of JD has grown nicely.
JD has a Operating Margin (3.53%) which is comparable to the rest of the industry.
JD's Operating Margin has improved in the last couple of years.
JD has a Gross Margin of 16.00%. This is amonst the worse of the industry: JD underperforms 90.32% of its industry peers.
JD's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 3.53%
PM (TTM) 3.76%
GM 16%
OM growth 3Y112.76%
OM growth 5Y30.98%
PM growth 3YN/A
PM growth 5Y11.06%
GM growth 3Y5.37%
GM growth 5Y1.63%
JD Yearly Profit, Operating, Gross MarginsJD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15

4

2. Health

2.1 Basic Checks

JD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for JD has been reduced compared to 1 year ago.
JD has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, JD has a worse debt to assets ratio.
JD Yearly Shares OutstandingJD Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B
JD Yearly Total Debt VS Total AssetsJD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200B 400B 600B

2.2 Solvency

JD has a debt to FCF ratio of 1.18. This is a very positive value and a sign of high solvency as it would only need 1.18 years to pay back of all of its debts.
The Debt to FCF ratio of JD (1.18) is better than 77.42% of its industry peers.
JD has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.24, JD is in line with its industry, outperforming 54.84% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.24
Debt/FCF 1.18
Altman-Z N/A
ROIC/WACC1
WACC8.59%
JD Yearly LT Debt VS Equity VS FCFJD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50B 100B 150B 200B

2.3 Liquidity

A Current Ratio of 1.26 indicates that JD should not have too much problems paying its short term obligations.
JD's Current ratio of 1.26 is on the low side compared to the rest of the industry. JD is outperformed by 64.52% of its industry peers.
JD has a Quick Ratio of 1.26. This is a bad value and indicates that JD is not financially healthy enough and could expect problems in meeting its short term obligations.
JD has a worse Quick ratio (0.92) than 64.52% of its industry peers.
Industry RankSector Rank
Current Ratio 1.26
Quick Ratio 0.92
JD Yearly Current Assets VS Current LiabilitesJD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100B 200B 300B

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 82.85% over the past year.
JD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.75% yearly.
Looking at the last year, JD shows a quite strong growth in Revenue. The Revenue has grown by 8.90% in the last year.
The Revenue has been growing by 14.97% on average over the past years. This is quite good.
EPS 1Y (TTM)82.85%
EPS 3Y42.56%
EPS 5Y26.75%
EPS Q2Q%195.13%
Revenue 1Y (TTM)8.9%
Revenue growth 3Y6.79%
Revenue growth 5Y14.97%
Sales Q2Q%14.88%

3.2 Future

JD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.49% yearly.
Based on estimates for the next years, JD will show a small growth in Revenue. The Revenue will grow by 4.89% on average per year.
EPS Next Y6.71%
EPS Next 2Y6.97%
EPS Next 3Y8.44%
EPS Next 5Y26.49%
Revenue Next Year10.08%
Revenue Next 2Y7.9%
Revenue Next 3Y7.15%
Revenue Next 5Y4.89%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
JD Yearly Revenue VS EstimatesJD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 500B 1T 1.5T
JD Yearly EPS VS EstimatesJD Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 20 40 60 80

9

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 5.45, which indicates a rather cheap valuation of JD.
Based on the Price/Earnings ratio, JD is valued cheaper than 93.55% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.91, JD is valued rather cheaply.
A Price/Forward Earnings ratio of 6.45 indicates a rather cheap valuation of JD.
JD's Price/Forward Earnings ratio is rather cheap when compared to the industry. JD is cheaper than 87.10% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.85. JD is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 5.45
Fwd PE 6.45
JD Price Earnings VS Forward Price EarningsJD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, JD is valued cheaper than 96.77% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JD indicates a rather cheap valuation: JD is cheaper than 87.10% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 6.82
EV/EBITDA 2.35
JD Per share dataJD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of JD may justify a higher PE ratio.
PEG (NY)0.81
PEG (5Y)0.2
EPS Next 2Y6.97%
EPS Next 3Y8.44%

3

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 2.93%, JD has a reasonable but not impressive dividend return.
The stock price of JD dropped by -20.58% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
JD's Dividend Yield is rather good when compared to the industry average which is at 7.41. JD pays more dividend than 83.87% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, JD pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.93%

5.2 History

JD has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
JD Yearly Dividends per shareJD Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

DPN/A
EPS Next 2Y6.97%
EPS Next 3Y8.44%
JD Yearly Income VS Free CF VS DividendJD Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B

JD.COM INC-ADR

NASDAQ:JD (5/23/2025, 11:58:03 AM)

33.38

-0.31 (-0.92%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)05-13 2025-05-13/bmo
Earnings (Next)08-13 2025-08-13/bmo
Inst Owners24.85%
Inst Owner Change-4.55%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap48.38B
Analysts84.86
Price Target51.89 (55.45%)
Short Float %1.91%
Short Ratio1.6
Dividend
Industry RankSector Rank
Dividend Yield 2.93%
Yearly Dividend0.8
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years2
Div Non Decr Years2
Ex-Date04-07 2025-04-07 (0.5)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)43.79%
Min EPS beat(2)7.31%
Max EPS beat(2)80.26%
EPS beat(4)4
Avg EPS beat(4)23.07%
Min EPS beat(4)1.33%
Max EPS beat(4)80.26%
EPS beat(8)4
Avg EPS beat(8)-3.3%
EPS beat(12)4
Avg EPS beat(12)-10.57%
EPS beat(16)4
Avg EPS beat(16)-13.32%
Revenue beat(2)2
Avg Revenue beat(2)2.78%
Min Revenue beat(2)1.39%
Max Revenue beat(2)4.16%
Revenue beat(4)2
Avg Revenue beat(4)0.38%
Min Revenue beat(4)-2.36%
Max Revenue beat(4)4.16%
Revenue beat(8)4
Avg Revenue beat(8)0.03%
Revenue beat(12)5
Avg Revenue beat(12)-0.51%
Revenue beat(16)6
Avg Revenue beat(16)-0.44%
PT rev (1m)-2.57%
PT rev (3m)5.16%
EPS NQ rev (1m)-0.2%
EPS NQ rev (3m)-30.28%
EPS NY rev (1m)-0.2%
EPS NY rev (3m)7.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.1%
Revenue NY rev (1m)4.32%
Revenue NY rev (3m)4.66%
Valuation
Industry RankSector Rank
PE 5.45
Fwd PE 6.45
P/S 0.29
P/FCF 6.82
P/OCF 6.82
P/B 1.49
P/tB 2.12
EV/EBITDA 2.35
EPS(TTM)6.13
EY18.36%
EPS(NY)5.17
Fwd EY15.5%
FCF(TTM)4.9
FCFY14.67%
OCF(TTM)4.9
OCFY14.67%
SpS114.89
BVpS22.44
TBVpS15.73
PEG (NY)0.81
PEG (5Y)0.2
Profitability
Industry RankSector Rank
ROA 6.66%
ROE 19.26%
ROCE 10.77%
ROIC 8.62%
ROICexc 17.01%
ROICexgc 26.21%
OM 3.53%
PM (TTM) 3.76%
GM 16%
FCFM 4.26%
ROA(3y)3.84%
ROA(5y)4.5%
ROE(3y)10.86%
ROE(5y)11.44%
ROIC(3y)6.16%
ROIC(5y)4.58%
ROICexc(3y)14.68%
ROICexc(5y)11.07%
ROICexgc(3y)26.77%
ROICexgc(5y)19.28%
ROCE(3y)7.82%
ROCE(5y)5.8%
ROICexcg growth 3Y94.13%
ROICexcg growth 5Y23.51%
ROICexc growth 3Y86.93%
ROICexc growth 5Y21.7%
OM growth 3Y112.76%
OM growth 5Y30.98%
PM growth 3YN/A
PM growth 5Y11.06%
GM growth 3Y5.37%
GM growth 5Y1.63%
F-Score6
Asset Turnover1.77
Health
Industry RankSector Rank
Debt/Equity 0.24
Debt/FCF 1.18
Debt/EBITDA 1.1
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 250
Cash Conversion 99.69%
Profit Quality 113.36%
Current Ratio 1.26
Quick Ratio 0.92
Altman-Z N/A
F-Score6
WACC8.59%
ROIC/WACC1
Cap/Depr(3y)108.05%
Cap/Depr(5y)124.04%
Cap/Sales(3y)0.79%
Cap/Sales(5y)0.89%
Profit Quality(3y)262.86%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)82.85%
EPS 3Y42.56%
EPS 5Y26.75%
EPS Q2Q%195.13%
EPS Next Y6.71%
EPS Next 2Y6.97%
EPS Next 3Y8.44%
EPS Next 5Y26.49%
Revenue 1Y (TTM)8.9%
Revenue growth 3Y6.79%
Revenue growth 5Y14.97%
Sales Q2Q%14.88%
Revenue Next Year10.08%
Revenue Next 2Y7.9%
Revenue Next 3Y7.15%
Revenue Next 5Y4.89%
EBIT growth 1Y38.32%
EBIT growth 3Y127.2%
EBIT growth 5Y50.59%
EBIT Next Year50.75%
EBIT Next 3Y24.41%
EBIT Next 5YN/A
FCF growth 1Y28.85%
FCF growth 3Y21.74%
FCF growth 5Y19.82%
OCF growth 1Y28.85%
OCF growth 3Y11.16%
OCF growth 5Y18.58%