JD Stock Analysis: JD.com | NASDAQ
Internet Retail | NASDAQ, USA | Market Cap: 43.108m USD | 12M Return: -7.5% | US47215P1066 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 217M
EPS Trend: -51.9%
Qual. Beats: 0
Rev. Trend: 96.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
JD.com is a supply chain-based technology and service provider headquartered in Beijing, operating primarily in China with a presence in Europe. The company is structured around three segments: JD Retail (its core e-commerce operations), JD Logistics, and New Businesses. It sells a broad range of goods, including electronics, home appliances, apparel, cosmetics, food and fresh produce, pharmaceuticals, books and media, virtual goods, and industrial products. Beyond direct retail, JD runs a third-party online marketplace, offers marketing and omni-channel services, operates its own logistics and real estate infrastructure, and provides technology-driven supply chain and healthcare services. The company was incorporated in 2006, originally as 360buy Jingdong Inc., and adopted the JD.com name in January 2014.
As a large-cap stock in the Consumer Discretionary sector (GICS Broadline Retail), JD.com runs a hybrid retail model that combines first-party direct sales with a third-party merchant marketplace, a structure comparable to Amazon. A key differentiator is its vertically integrated logistics network, which the company owns and operates to support both its own retail operations and external clients.
- JD Retail revenue growth accelerates on China consumption recovery
- Third-party marketplace expansion lifts JD take rate and margins
- JD Logistics narrows losses on higher fulfillment revenue
| Net Income: 14.7b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 3.18 > 1.0 |
| NWC/Revenue: 3.81% < 20% (prev 5.64%; Δ -1.84% < -1%) |
| CFO/TA 0.07 > 3% & CFO 50.7b > Net Income 14.7b |
| Net Debt (-96.2b) to EBITDA (28.5b): -3.37 < 3 |
| Current Ratio: 1.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.41b) vs 12m ago -5.19% < -2% |
| Gross Margin: 9.82% > 18% (prev 13.14%; Δ -3.32% > 0.5%) |
| Asset Turnover: 183.0% > 50% (prev 179.0%; Δ 4.00% > 0%) |
| Interest Coverage Ratio: 6.34 > 6 (EBIT TTM 18.7b / Interest Expense TTM 2.95b) |
| A: 0.07 (Total Current Assets 405b - Total Current Liabilities 355b) / Total Assets 726b |
| B: 0.12 (Retained Earnings 85.0b / Total Assets 726b) |
| C: 0.03 (EBIT TTM 18.7b / Avg Total Assets 716b) |
| D: 0.49 (Book Value of Equity 219b / Total Liabilities 443b) |
| Altman-Z'' = 1.53 = BB |
| DSRI: 0.66 (Receivables 29.9b/44.0b, Revenue 1311b/1265b) |
| GMI: 1.34 (GM 13.14% / 9.82%) |
| AQI: 0.95 (AQ_t 0.26 / AQ_t-1 0.27) |
| SGI: 1.04 (Revenue 1311b / 1265b) |
| TATA: -0.05 (NI 14.7b - CFO 50.7b) / TA 726b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of September 02, 2026, the stock is trading at USD 28.24 with a total of 7,307,087 shares traded. Over the past week, the price has changed by -3.29%, over one month by -14.45%, over three months by -2.92% and over the past year by -7.45%.
Current recommended Stop Loss: 26.50 (which is 6.2% or 2.6 ATR below the current price).
JD.com has received a consensus analysts rating of 4.66. Therefore, it is recommended to buy JD.
- StrongBuy: 28
- Buy: 7
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 39.7 | 40.5% |
Market Cap CNY = 290b (43.1b USD * 6.7267 USD.CNY)
P/E Trailing = 19.25
P/E Forward = 8.9928
P/S = 0.0293
P/B = 1.192
P/EG = 0.6663
Revenue TTM = 1311b CNY
EBIT TTM = 18.7b CNY
EBITDA TTM = 28.5b CNY
Long Term Debt = 62.5b CNY (from longTermDebt, last fiscal year)
Short Term Debt = 27.1b CNY (from shortTermDebt, last quarter)
Debt = 139b CNY (from shortLongTermDebtTotal, last quarter) + Leases 33.6b
Net Debt = -96.2b CNY (calculated: Debt 139b - CCE 235b)
Enterprise Value = 194b CNY (290b + Debt 139b - CCE 235b)
Interest Coverage Ratio = 6.34 (Ebit TTM 18.7b / Interest Expense TTM 2.95b)
EV/FCF = 8.29x (Enterprise Value 194b / FCF TTM 23.4b)
FCF Yield = 12.06% (FCF TTM 23.4b / Enterprise Value 194b)
FCF Margin = 1.78% (FCF TTM 23.4b / Revenue TTM 1311b)
Net Margin = 1.12% (Net Income TTM 14.7b / Revenue TTM 1311b)
Gross Margin = 9.82% ((Revenue TTM 1311b - Cost of Revenue TTM 1182b) / Revenue TTM)
Gross Margin QoQ = 17.04% (prev 16.71%)
Tobins Q-Ratio = 0.27 (Enterprise Value 194b / Total Assets 726b)
Interest Expense / Debt = 2.12% (Interest Expense 2.95b / Debt 139b)
Taxrate = 14.58% (3.35b / 23.0b)
NOPAT = 16.0b (EBIT 18.7b * (1 - 14.58%))
Current Ratio = 1.14 (Total Current Assets 405b / Total Current Liabilities 355b)
Debt / Equity = 0.63 (Debt 139b / totalStockholderEquity, last quarter 219b)
Debt / EBITDA = -3.37 (Net Debt -96.2b / EBITDA 28.5b)
Debt / FCF = -4.11 (Net Debt -96.2b / FCF TTM 23.4b)
Total Stockholder Equity = 223b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.06% (Net Income 14.7b / Total Assets 726b)
RoE = 6.61% (Net Income TTM 14.7b / Total Stockholder Equity 223b)
RoCE = 6.55% (EBIT 18.7b / Capital Employed (Equity 223b + L.T.Debt 62.5b))
RoIC = 4.81% (NOPAT 16.0b / Invested Capital 332b)
WACC = 6.89% (E(290b)/V(429b) * Re(9.33%) + D(139b)/V(429b) * Rd(2.12%) * (1-Tc(0.15)))
Discount Rate = 9.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -26.48 | Cagr: -4.78%
[DCF] Terminal Value 77.97% ; FCFF base≈14.1b ; Y1≈16.2b ; Y5≈23.9b
[DCF] Fair Price = 337.0 (EV 359b - Net Debt -96.2b = Equity 455b / Shares 1.35b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -51.91 | EPS CAGR: -18.14% | SUE: 0.04 | # QB: 0
Revenue Correlation: 96.76 | Revenue CAGR: 9.38% | SUE: 0.03 | # QB: 0
EPS current Quarter (2026-09-30): EPS=6.51 | Chg30d=+0.51% | Revisions=+0% | Analysts=19
EPS current Year (2026-12-31): EPS=22.76 | Chg30d=+3.28% | Revisions=-8% | GrowthEPS=+27.7% | GrowthRev=+3.9%
EPS next Year (2027-12-31): EPS=28.45 | Chg30d=-1.10% | Revisions=+0% | GrowthEPS=+25.0% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: -4% (up=25, down=27)