JD (JD) AI Stock Analysis

• Market Cap: $50.99B
• Dividend Yield: 3.08%
• Average Volume (3M): 13.66M
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.95
• Revenue Growth: 14.61%
• EPS Growth: 32.78%
• Country: US
• Employees: 570,895
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.70
• Shares Outstanding: 1,490,500,000
• 10 Day Avg. Volume: 9,684,195
• 30 Day Avg. Volume: 13,658,663
• PEG Ratio: 0.12
• Price to Book (P/B): 1.63
• Price to Sales (P/S): 0.34
• P/FCF Ratio: 8.80
• Enterprise Value/Market Cap: 0.81
• Enterprise Value/Revenue: 0.03
• Enterprise Value/Gross Profit: 0.25
• Enterprise Value/Ebitda: 0.84
• 1Y Price Target: $40.05
• Price Target Upside: 25.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: $38.00 ▲(19.53% Upside)

JD's overall stock score reflects strong financial performance and positive earnings call insights, tempered by technical analysis concerns and short-term profitability challenges due to strategic investments. The attractive valuation further supports the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, enhancing JD's competitive position in e-commerce.

Logistics Expansion

Expanding logistics capabilities strengthens JD's supply chain, supporting faster delivery and improving customer satisfaction, crucial for long-term growth.

User Engagement

Increased user engagement and shopping frequency enhance revenue potential and customer loyalty, driving sustainable growth in JD's core retail business.

Negative Factors

Declining Cash Flow

Significant decline in cash flow raises concerns about JD's ability to finance operations and investments, potentially impacting financial flexibility.

Profit Margin Pressure

Decreasing profit margins suggest rising costs or inefficiencies, which could hinder JD's ability to maintain profitability amidst competitive pressures.

Rising Leverage

Increased reliance on debt financing may limit JD's financial flexibility and increase risk, affecting long-term financial health and stability.

JD Business Overview & Revenue Model

Company Description

JD.com, Inc. is one of China's largest e-commerce companies, specializing in online retail and logistics. Founded in 1998, JD operates a wide range of product categories, including electronics, apparel, home goods, and groceries, primarily through its online platform. The company is known for its commitment to quality and efficiency, with a robust logistics network that enables rapid delivery across China. JD also invests in technology and innovation to enhance the shopping experience, including artificial intelligence and big data analytics.

How the Company Makes Money

JD.com generates revenue primarily through the sale of products on its platform, acting as both a direct retailer and a marketplace for third-party sellers. The company earns money from direct sales of goods, which contribute significantly to its revenue, as well as from commissions charged to third-party sellers for listing their products on JD's platform. Additionally, JD monetizes its logistics services by offering delivery solutions to other businesses and third-party sellers, creating another revenue stream. Partnerships with various brands and manufacturers also enhance its product offerings and drive sales. Furthermore, JD has been expanding its services into areas like cloud computing and technology solutions, which are anticipated to contribute to future revenue growth.

JD Financial Statement Overview

Summary

JD shows solid financial performance with consistent revenue growth and effective equity utilization. However, declining profit margins, cash flow generation issues, and increasing leverage are concerns that need addressing to maintain financial stability.

Income Statement

JD has demonstrated consistent revenue growth with a TTM growth rate of 5.44%, although this is a slowdown from previous years. The gross profit margin improved to 14.43% in the TTM, indicating better cost management. However, the net profit margin decreased to 3.06% from 3.57% in the previous year, suggesting increased expenses or other financial pressures. EBIT and EBITDA margins have also declined, reflecting potential operational challenges.

Balance Sheet

JD maintains a moderate debt-to-equity ratio of 0.44 in the TTM, which is manageable but has increased from previous years, indicating rising leverage. The return on equity is strong at 16.63%, showing effective use of equity to generate profits. However, the equity ratio has slightly decreased, suggesting a higher reliance on debt financing.

Cash Flow

The free cash flow growth rate has significantly declined by 76.15% in the TTM, raising concerns about cash generation capabilities. The operating cash flow to net income ratio is low at 0.08, indicating potential cash flow constraints. However, the free cash flow to net income ratio remains healthy at 32.86%, suggesting some resilience in cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.27T	1.16T	1.08T	1.05T	951.59B	745.80B
Gross Profit	166.25B	113.44B	159.70B	147.07B	129.07B	60.41B
EBITDA	49.08B	47.36B	42.82B	25.58B	9.61B	58.01B
Net Income	38.65B	41.36B	24.17B	10.38B	-3.56B	49.41B
Balance Sheet
Total Assets	706.94B	698.23B	628.96B	595.25B	496.51B	422.29B
Cash, Cash Equivalents and Short-Term Investments	213.84B	234.00B	190.15B	219.96B	185.33B	146.66B
Total Debt	100.79B	89.77B	68.43B	65.05B	34.14B	31.55B
Total Liabilities	409.65B	384.94B	332.58B	321.13B	249.72B	200.67B
Stockholders Equity	227.16B	239.35B	231.86B	213.37B	208.91B	187.54B
Cash Flow
Free Cash Flow	8.16B	44.28B	39.51B	35.84B	23.74B	34.87B
Operating Cash Flow	24.82B	58.09B	59.52B	57.82B	42.30B	42.54B
Investing Cash Flow	33.70B	-871.00M	-59.54B	-54.03B	-74.25B	-57.81B
Financing Cash Flow	-24.32B	-21.00B	-5.81B	1.18B	19.50B	71.07B

JD Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 31.79
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JD, the sentiment is Negative. The current price of 31.79 is below the 20-day moving average (MA) of 33.01, below the 50-day MA of 33.59, and below the 200-day MA of 35.23, indicating a bearish trend. The MACD of -0.45 indicates Positive momentum. The RSI at 40.17 is Neutral, neither overbought nor oversold. The STOCH value of 13.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JD.

JD Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BABA	79 Outperform	$392.80B	18.81	15.22%	1.19%	5.48%	128.65%
MELI	78 Outperform	$106.90B	51.47	40.65%	―	38.01%	44.52%
PDD	76 Outperform	$188.57B	14.70	32.01%	―	20.59%	-1.29%
JD	72 Outperform	$50.99B	8.98	17.26%	3.08%	14.61%	32.78%
SE	69 Neutral	$88.77B	76.08	14.48%	―	34.12%	―
CPNG	66 Neutral	$52.75B	136.68	8.73%	―	16.63%	-62.54%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

JD Corporate Events

JD.com Reports Strong Q2 2025 Revenue Growth Amid Strategic Expansions

On August 14, 2025, JD.com announced its financial results for the second quarter of 2025, reporting a 22.4% increase in net revenues compared to the same period in 2024. Despite this revenue growth, net income attributable to shareholders decreased, reflecting a shift in financial dynamics. The company’s core retail business, JD Retail, showed significant growth in revenue and operating margin, driven by increased user traffic and shopping frequency. JD Logistics expanded its global presence by opening new warehouses in multiple countries, enhancing its supply chain network. Additionally, JD.com continued its share repurchase program, buying back a significant portion of its shares. These developments underscore JD.com’s strategic focus on strengthening its core operations and expanding its global footprint.

JD.com Schedules Board Meeting for Financial Results Announcement

JD.com, Inc. announced that its board of directors will hold a meeting on August 13, 2025, to approve the company’s unaudited financial results for the three and six months ended June 30, 2025. The financial results will be released on August 14, 2025, after the Hong Kong Stock Exchange trading hours and before the U.S. market opens. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and strategic direction, potentially impacting investor sentiment and market positioning.