JD.COM Reports 7.6% YOY Revenue Increase of CNY 287.9 Billion in Q2 FY2023
August 21, 2023

☀️Earnings Overview
JD.COM ($NASDAQ:JD) announced an increase in its total revenue to CNY 287.9 billion and a 50.2% year-over-year rise in net income to CNY 6.6 billion for the second quarter of fiscal year 2023 on June 30, 2023.
Analysis
GoodWhale recently conducted an analysis of JD.COM‘s financials, and based on the Star Chart, it can be concluded that JD.COM is classified as a ‘cheetah’ company, a type of company that achieves high revenue or earnings growth but is considered less stable due to lower profitability. This type of company may be attractive to investors who are willing to take on more risk for potentially higher returns. JD.COM also has a high health score of 9/10 with regard to its cashflows and debt, which demonstrates that the company is capable to sustain future operations in times of crisis. Furthermore, JD.COM is strong in assets and growth, and medium in dividend and profitability, giving investors more confidence in the company’s future potential. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jd.com. JD.COM_Reports_7.6_YOY_Revenue_Increase_of_CNY_287.9_Billion_in_Q2_FY2023″>More…
Total Revenues | Net Income | Net Margin |
1.07M | 21.84k | 2.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jd.com. JD.COM_Reports_7.6_YOY_Revenue_Increase_of_CNY_287.9_Billion_in_Q2_FY2023″>More…
Operations | Investing | Financing |
52.54k | -39.1k | -783 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jd.com. JD.COM_Reports_7.6_YOY_Revenue_Increase_of_CNY_287.9_Billion_in_Q2_FY2023″>More…
Total Assets | Total Liabilities | Book Value Per Share |
603.92k | 316.63k | 141 |
Key Ratios Snapshot
Some of the financial key ratios for Jd.com are shown below. JD.COM_Reports_7.6_YOY_Revenue_Increase_of_CNY_287.9_Billion_in_Q2_FY2023″>More…
3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
17.9% | 36.4% | 3.0% |
FCF Margin | ROE | ROA |
2.8% | 9.1% | 3.3% |

Summary
Investors reacted negatively to the second quarter earnings report of JD.COM, with its stock price declining on June 30, 2023. Despite the 7.6% year-over-year increase in total revenue to CNY 287.9 billion, net income was only CNY 6.6 billion, a 50.2% rise from the same period in the previous year. This suggests that investors may see the company’s profit margins as inadequate and slower than expected growth. As a result, JD.COM’s stock may be seen as undervalued, making it a potential compelling investment opportunity for investors looking for long-term growth.
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