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JD.com, Inc. (JD)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions of CNY, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   6-K20-F20-F20-F20-F20-FS-1/A20-F
Revenues:  
    New Businesses   26,063.017,601.011,740.014,665.36,021.5 2,362.9
    JD Mall         178,273.0
    Corporate   576.0806.01,146.0956.2836.5 504.4
    Other   924,953.0727,395.0564,002.0446,398.2355,473.7  
Total revenues   [+]151,690.0951,592.0745,802.0576,888.0462,019.8362,331.8122.6181,042.3
            Revenue growth   [+]-84.1%27.6%29.3%24.9%27.5%295341.0%-99.9%57.4%
Cost of goods sold  130,366.0822,526.0636,694.0492,467.0396,066.1311,516.820.7158,960.4
Gross profit  21,324.0129,066.0109,108.084,421.065,953.650,814.9102.022,081.9
            Gross margin  14.1%13.6%14.6%14.6%14.3%14.0%83.1%12.2%
Selling, general and administrative   [+]16,215.0109,360.082,265.064,692.056,406.144,998.0714.221,787.6
Research and development  2,449.016,332.016,149.014,619.012,144.46,652.4129.32,902.0
Equity in earnings   -4,918.04,291.0-1,738.0-1,113.1-1,926.7 -2,852.7
Other operating expenses  343.0-767.0-1,649.0-3,885.0  854.1 
EBITDA   [+] 5,455.022,702.013,085.01,850.11,430.5-1,457.4-2,953.1
            EBITDA margin  1.5%0.6%3.0%2.3%0.4%0.4%-1188.4%-1.6%
Depreciation   5,276.05,266.04,895.03,714.62,394.5138.11,057.7
EBITA  2,317.0179.017,436.08,190.0-1,864.5-964.0-1,595.6-4,010.8
            EBITA margin  1.5%0.0%2.3%1.4%-0.4%-0.3%-1301.0%-2.2%
Amortization of intangibles   956.0802.0933.01,845.51,798.2 1,449.7
EBIT   [+]2,317.0-777.016,634.07,257.0-3,709.9-2,762.2-1,595.6-5,460.4
            EBIT margin  1.5%-0.1%2.2%1.3%-0.8%-0.8%-1301.0%-3.0%
Non-recurring items   [+]    22.3  2,750.1
Interest income, net   [+]-305.0-1,213.0-1,125.0-725.01,263.41,566.720.0600.4
Other income (expense), net   [+] -590.035,310.07,161.095.21,316.444.6-145.8
Pre-tax income  2,012.0-2,580.050,819.013,693.0-2,373.7121.0-1,530.9-7,756.0
Income taxes  605.01,887.01,482.01,803.0426.9139.60.0-14.6
            Tax rate  30.1% 2.9%13.2% 115.4%0.0%0.2%
Minority interest   -923.0-75.0-297.0-311.4   
Earnings from continuing ops  1,407.0-3,560.049,405.012,184.0-2,491.6-159.2-1,530.9-7,731.8
Earnings from discontinued ops       6.9 -1,376.2
Net income  1,407.0-3,560.049,405.012,184.0-2,491.6-152.3-1,530.9-9,107.9
            Net margin  0.9%-0.4%6.6%2.1%-0.5%0.0%-1248.3%-5.0%
   
Basic EPS   [+]$1,512.90($1.15)$16.35$4.18($0.87)($0.06) ($2.83)
Diluted EPS   [+]$1,465.63($1.15)$15.89$4.11($0.87)($0.05) ($2.83)
   
Shares outstanding (basic)   [+]0.93,107.43,021.82,912.62,877.92,844.8 2,735.0
Shares outstanding (diluted)   [+]1.03,107.43,109.02,967.32,877.92,911.5 2,735.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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