JD.COM INC Reports 158.7% Year-Over-Year Increase in Total Revenue for Fourth Quarter of FY2022.
March 25, 2023
Earnings Overview
On March 9, 2023, JD.COM INC ($BER:013A) reported its earnings results for the fourth quarter of FY2022, with total revenue of CNY 3.0 billion, which was an impressive increase of 158.7% from the same quarter of the previous year. Additionally, net income was reported as CNY 295.4 billion, a 7.1% increase from the same quarter of the prior year.
Market Price
This marked a 2.1% increase from its previous closing price of 43.0 and signalled significant growth for the tech giant. The company attributed the revenue rise to its continued focus on digital transformation, enabling it to capture more opportunities in China’s fast-growing e-commerce sector. It also credited its innovative technologies and expanding fulfillment network, which helped drive customer satisfaction and loyalty.
The company also announced plans to further strengthen its core e-commerce business and invest in expanding its presence in new markets, with an emphasis on international expansion. Overall, investors have responded positively to JD.COM’s latest financial results, indicating that the company is continuing to realize its potential for growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jd.com Inc. More…
| Total Revenues | Net Income | Net Margin |
| 1.05M | 10.38k | 0.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jd.com Inc. More…
| Operations | Investing | Financing |
| 57.82k | -54.03k | 1.18k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jd.com Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 595.25k | 321.13k | 136.08 |
Key Ratios Snapshot
Some of the financial key ratios for Jd.com Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.9% | 35.8% | 1.5% |
| FCF Margin | ROE | ROA |
| 3.4% | 4.7% | 1.7% |
Analysis
At GoodWhale, we recently conducted a wellbeing analysis of JD.COM INC to assess their financial and business risk. Our Risk Rating System assesses the level of risk involved in investments, and based on our analysis, JD.COM INC carries a medium level of risk. After further investigation into their financial reports, we detected 3 risk warnings in the income sheet, balance sheet, and cashflow statement. If you’re considering investing in JD.COM INC, we strongly recommend that you take the time to review these risks in more detail. To view this information, register on goodwhale.com and take a look at our analysis. More…
Summary
Investors of JD.COM INC are likely to be encouraged by the company’s strong fourth quarter financial results. Total revenue increased by a remarkable 158.7%, while net income rose by a more modest 7.1%. The company seems to have managed to capitalize on the growth of the digital economy and e-commerce industry, which has been accelerated due to the global pandemic. Looking ahead, investors are likely to remain optimistic about JD.COM INC’s prospects as it continues to expand its market share in China and further afield.
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