JD.com, Inc.
JD.com, Inc. (JD) is listed on NASDAQ and classified in Internet Retail, part of the Consumer Cyclical sector. It is headquartered in Beijing, China and has 900,000 employees. The company is worth $34.68B and trades at 18.0x its earnings of the last twelve months; the median for its sector is 17.7x. Revenue was CN¥1.31T in fiscal 2025, up 13.0% from the year before. Net income was CN¥19.63B. The share price is 26.8% below its 52-week high of $35.06. It pays a dividend yielding 3.89%. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Steve Cohen (Point72 Asset Management), at $65.82M. In that quarter, 1 of them opened or added to the position and 3 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in CNY, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -67.9% over 5Y.
today you would have $393.81▼ -60.6%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $28.70 | $34.67 | $28.89 | $56.13 | |
| EPS | CN¥12.90 | CN¥26.86 | CN¥15.22 | CN¥6.42 | |
| Dividend yield | 2.22% | 3.48% | 2.19% | 2.15% | 2.24% |
| Profit margin | 1.86% | 1.50% | 3.57% | 2.23% | 0.99% |
| ROE | 9.57% | 8.72% | 17.28% | 10.42% | 4.86% |
This company reports in CNY, and the stock trades in dollars. P/E, P/S, P/B and payout would divide dollars by CNY, so they are not shown; EPS is in CNY. Margin, ROE and dividend yield do not depend on the currency.
Median of the years shown; P/E years above 200x are left out.
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 3.9% dividend yield. Growth capped at 25%.
Median P/E of 17.7 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividend growing 0.0% a year against a 7.0% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 2 families.
Room for errors in the reported numbers.
-34.0% from the average.
Models, not forecasts, and not investment advice. How each formula works →
Companies of similar size in Consumer Cyclical, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| QSRRestaurant Brands International Inc. | $76.41 | 19.2x | 6.9x | 3.40% | 34.79% | $35B |
| CMGChipotle Mexican Grill Inc | $28.14 | 25.8x | 16.2x | 0.00% | 49.56% | $35.61B |
| EXPEExpedia Group, Inc. | $298.49 | 17.8x | 29.6x | 0.64% | 89.49% | $35.83B |
| CCLCarnival Corp Ltd. | $27.08 | 12.0x | 2.6x | 1.66% | 24.00% | $36.41B |
| VIKViking Holdings Ltd | $85.00 | 28.2x | 23.4x | 0.00% | 139.62% | $37.96B |
| WSMWilliams Sonoma Inc | $260.80 | 26.0x | 14.3x | 1.17% | 54.96% | $30.72B |