$JD (-0,51%) I know that if I didn't buy now at the end of the year I would regret it!

$JD (-0,51%) Good results and growth projections!

$JD (-0,51%)

🔹 Revenue: RMB301.1B (Est. RMB290.6B) 🟢; UP +15.8% YoY

🔹 Adj. EPS: RMB8.41 (Est. RMB7.09) 🟢; UP +48.8% YoY

🔹 Non-GAAP Net Income: RMB12.8B; UP +43.4% YoY

🔹 Operating Income: RMB10.5B; UP +36.8% YoY

🔹 Non-GAAP Operating Income: RMB11.7B; UP +31.4% YoY

🔹 Non-GAAP EBITDA: RMB13.7B; UP +27.0% YoY

🔹 Operating Ma

rgin: 3.5% (vs. 3.0% YoY)

🔹 Non-GAAP Operating Margin: 3.9% (vs. 3.4% YoY)

🔹 Free Cash Flow: RMB(21.6)B (vs. RMB(15.5)B YoY)

Segment Revenue

🔹 JD Retail: RMB263.8B; UP +16.3% YoY

🔹 JD Logistics: RMB47.0B; UP +11.5% YoY

🔹 New Businesses: RMB5.75B; UP +18.1% YoY

🔹 Net Product Revenue: RMB242.3B; UP +16.2% YoY

🔹 Net Service Revenue: RMB58.8B; UP +14.0% YoY

🔹 Electronics & Home Appliances: RMB144.3B; UP +17.1% YoY

🔹 General Merchandise: RMB98.0B; UP +14.9% YoY

🔹 Marketplace & Marketing Services: RMB22.3B; UP +15.7% YoY

🔹 Logistics & Other Services: RMB36.5B; UP +13.0% YoY

Operational Highlights

🔸 JD Retail: Strengthened partnerships with Xiaomi, Crocs, La Prairie; launched RMB200B export-to-domestic sales initiative

🔸 New Businesses: Launched JD Food Delivery in Feb 2025, leveraging logistics and retail integration

🔸 JD Health: Expanded pharma launches (Pfizer, Innogen); 80%+ consultations now AI-assisted

🔸 JD Logistics: Opened air route to Bangkok; second warehouse in Warsaw live; HK operations center launched in March

ESG & Shareholder Returns

🔸 Provided full social and housing benefits to full-time food delivery riders — first in China

🔸 JD Ecosystem headcount: ~700,000

🔸 Human resources spend: RMB128.8B over the last 12 months

🔸 Repurchased $1.5B in stock in Q1; $3.5B remaining in buyback authorization

$JEPQ (+0,37%)
$NOVO B (+3,18%)
$TROW (+1,22%)
$JD (-0,51%)
$DNG (+0%)
$CAT (+1,56%)

Upcoming purchases : $REP (+0,76%)
$MC (+0,36%)
$PLD (+1,36%)

Opinion, thank you.#dividends
#portfoliofeedback

$JD (-0,51%)

🔹 Adj. EBITDA: ¥12.5B (Est. ¥11.17B) 🟢

🔹 Revenue: ¥346.99B (Est. ¥332.38B) 🟢; +13.4% YoY

Q4 Performance:

🔹 Operating Income: ¥8.5B (vs. ¥2.0B YoY) 🟢

🔹 Operating Margin: 2.4% (vs. 0.7% YoY)

🔹 Adj. Operating Income: ¥10.5B (vs. ¥7.8B YoY) ;

🔹 Adj. Operating Margin: 3.0%

🔹 Net Income: ¥9.9B (vs. ¥3.4B YoY)

🔹 Adj. Net Income: ¥11.3B (vs. ¥8.4B YoY)

🔹 Diluted EPS: ¥6.47 (vs. ¥2.13 YoY)

🔹 Adj. Diluted EPS: ¥7.42 (vs. ¥5.30 YoY)

Segment Breakdown:

🔹 JD Retail Revenue: ¥307.06B (+14.7% YoY)

🔹 JD Logistics Revenue: ¥52.10B (+10.4% YoY)

🔹 New Businesses Revenue: ¥4.68B (-31.0% YoY)

Strategic & Shareholder Updates:

🔹 Annual Cash Dividend: $1.0 per ADS (~$1.5B total payout)

🔹 $5.0B Share Repurchase Program in place until August 2027

🔹 Completed $3.6B in repurchases in 2024 (~8.1% of shares outstanding)

Management Commentary:

🔸 "We closed 2024 with double-digit revenue growth and expanding profitability across key metrics. Our PLUS membership upgrades and supply chain optimizations are strengthening JD's market position." – Sandy Xu, CEO

🔸 "With a strong financial position, we are enhancing shareholder returns via dividends and buybacks while maintaining operational efficiency." – Ian Su Shan, CFO