Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

JD.com, Inc.

JDNASDAQ
Wall Street Score · overall investment51/100
$25.57USD+$0.33 (+1.31%)
Company website global.jd.com
HeadquartersBuilding A, 20th Floor, Beijing, BE, 101111, CN
Financial statement currencyCNY · converted to USD at 0.148879
Consumer Cyclical · Specialty Retail
Price updated todayFinancials updated Oct 1, 2026

JD · Price history

Price at last available close

$25.57

−$1.04 (-3.91%) 1M

2026-10-27

Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.

Company & revenue

About JD.com, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

JD. com, Inc. is a prominent technology and service provider based in the People's Republic of China, distinguished by its robust, supply chain-centric operations. The company's retail segment offers a comprehensive array of products.

How they make money

JD.com operates as a supply chain-based technology and service provider, generating revenue through online retail, third-party marketplace services, marketing services, and integrated logistics solutions. The company leverages its proprietary retail infrastructure and logistics network to provide end-to-end fulfillment and supply chain services to consumers, merchants, and business partners.

Products & services

Online retail, third-party marketplace, marketing services, warehousing, distribution, express and freight services, and on-demand delivery.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

Electronics And Home Appliance ProductsCNY 605.13B46.2%

Period ended 2025-12-31Source

General Merchandise ProductsCNY 418.67B32.0%

Period ended 2025-12-31Source

Logistics And Other ServicesCNY 178.15B13.6%

Period ended 2025-12-31Source

online marketplace and marketing servicesCNY 107.13B8.2%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • Third-party merchants and suppliers — The company sources products from a vast network of third-party merchants and suppliers to fulfill orders on the JD Platform.Source

Competitors

  • Alibaba Group — Operates e-commerce marketplaces and logistics services in China.Source
  • Pinduoduo — Operates a social commerce platform and online marketplace.Source

Strengths

  • Integrated supply chain and logistics networkSource
  • Proprietary retail infrastructureSource

Risks

  • Intense competition in the e-commerce industrySource
  • Regulatory and legal risks in ChinaSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

51

Fair

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

44

Weak

Financial Strength

40

Business Quality / Moat

40

Management

64

Growth Quality

26

Risk / Durability

55

Cheap for a Reason · Review the Risks

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

63

Fully Valued

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

63/100

Building Historical Record

Model Score 63/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.

At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.

The model outlook is currently moderate.

What we like
  • •Valuation scores attractively
  • •Recent buyback activity is present
What to watch
  • •Debt service risk
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention

Company-specific research

Questions worth answering for JD

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can JD maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is JD's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Does JD's balance between cash and debt leave enough flexibility if business conditions weaken?
  • •Is JD's valuation discount tied to a temporary concern or to a longer-term business risk?
Debt service risk
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

51

0–100 · Fair

Opportunity Score

63

0–100 · Fair

Market Cap

$34.53B

P/E Ratio

16.9

EPS

$1.58

52-Week High

$36.86

52-Week Low

$24.51

Beta

0.34

Intrinsic Value

$37.90

Analyst Target

$37.00

Shares Outstanding

1.49B

Total Revenue

$195.11B

Total Debt

$15.68B

Dividend Yield (TTM)

3.91%

View dividend history

Liquidation Value / Share

$28.24

Estimated net asset value per share

Dividend / Share (TTM)

$1.00

Trailing 12 months by ex-date; not a forecast

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
29/ 100
-14 pts / 5d

Strong downward momentum

5D -4.4% · 20D -2.8% · RSI 32 · Price vs 20D avg -3.2%
Volatility
18/ 100
+6 pts / 5d

Low movement

20D realized vol 24.6% · 60D 26.6% · Acceleration 0.92x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for JD

Detected from reported data — verify before acting.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Debt service risk

Interest coverage is low (~1.0x). Earnings may be strained to cover interest expense.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on JD.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Integrated supply chain and logistics network.
  • +Proprietary retail infrastructure.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Specialty Retail industry.
  • −Intense competition in the e-commerce industry.
  • −Regulatory and legal risks in China.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Fair51/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

51

Tap for breakdown →

Weak

45

Debt Cost2.6%
Debt Reduction YoY-19.4%
Debt / Equity0.48x

Tap for breakdown →

Poor

34

Revenue YoY0.1%
Revenue CAGR9.9%
Net Margin1.1%

Tap for breakdown →

Fair

59

Asset Growth YoY-0.4%
Liquidation/Share$28.24
Net Assets/MCap2.47x

Tap for breakdown →

Strong

71

Earnings Yield5.9%
Buyback Yield5.1%
Debt Cost2.6%

Tap for breakdown →

Fair

64

ROIC1.1%
ROE6.7%
ROA2.0%

Tap for breakdown →

Weak

40

EPS Growth-12.4%
FCF/Share Growth-56.2%
Rev/Share Growth15.2%

Tap for breakdown →

Strong

75

Intrinsic Value$37.90
Value Reference$22.74
MOS32.5%

Tap for breakdown →

Fair

50

Revenue34
Moat40
Valuation75

Tap for breakdown →

Strong

75

MOS %32.5%
Value Reference$22.74
Deep Discount Reference$15.16

Tap for breakdown →

Weak

46

Interest Coverage1.0x
ROIC1.1%
FCF Yield1.9%

Tap for breakdown →

Fair

50

Financial46
Valuation75
Debt45

Tap for breakdown →

Fair

53

Survival Years1.9 yrs
Current Ratio1.22x
FCF Margin0.4%

Tap for breakdown →

Was this stock page easy to understand?

One click helps us improve the research experience. This is not tied to an investment decision.

Score Changes

2 historical score records available

Previous Score

52

Jul 24, 2026

Change

-1.4

points

Current Score

51

Oct 1, 2026

Category Changes

Revenue0
Debt0
Assets0
Capital+9.0
Management+0.6
Moat+0.1
Valuation-5.3
Buffett-0.4

JD decreased 1.4 points because Valuation declined by 5.3 points.

Positive Contributors

  • + Capital improved by 9 points

Negative Contributors

  • − Valuation declined by 5.3 points

Projected Score

Projected Score

55

Projected Change

+4.2 points

Preliminary comparable-period financial changes suggest improvement of approximately 4.2 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Undervalued

Current Price

$25.57

Model Intrinsic Value

$37.90

Difference

−$12.33

-32.5% vs IV

Margin of Safety

32.5%

UndervaluedFair ValueOvervalued
Value Reference: $22.74
Deep Discount Reference: $15.16

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$50.0B$100.0B$150.0B$200.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025-$3.0B$0$3.0B$6.0B$9.0B

Total Debt

201520172019202120232025$0$4.0B$8.0B$12.0B$16.0B

Total Assets

201520172019202120232025$0$30.0B$60.0B$90.0B$120.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$195.11B$194.90B$172.52B$161.48B····························
Cost of Revenue$175.96B$176.75B$155.63B$137.71B····························
Gross Profit$19.16B$18.14B$16.89B$23.78B····························
Research & Development$3.92B$3.31B$2.54B$2.44B····························
SG&A Expenses$14.19B$14.28B$8.46B$7.42B····························
Operating Expenses$19.00B$17.73B$11.12B$19.90B····························
EBITDA$4.24B$5.48B$7.05B$6.38B····························
Operating Income$151.2M$413.0M$5.77B$3.87B····························
Interest Expense$438.9M$417.3M$431.2M$428.9M····························
Income Before Tax$3.42B$3.77B$7.67B$4.71B····························
Income Tax Expense$498.3M$324.7M$1.02B$1.25B····························
Net Income$2.19B$2.92B$6.16B$3.60B····························
Basic EPS$1.58$2.05$4.00$2.29····························
Basic Shares1.35B1.42B1.54B1.57B····························
Diluted Shares1.41B1.49B1.54B1.59B····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:Nov 12, 2026
Estimated EPS: $0.97Estimated revenue: $46.53B
Jun 30, 2026Q2FY2026

Revenue

$51.43B

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.75

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+4.5%

Cash Change

-12.1%

Margin Change

+0.3 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded

What Weakened

  • Cash position declined
  • Debt increased

Potential Score Impact

Positive indicators included EPS growth, net income margin. Pressure indicators included revenue growth, cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 3.2%. EPS increased 21.3%. Cash declined 12.1%. Total debt increased 4.5%. Net income margin improved by 0.3 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

13

Smart Money

13

Number of Gurus

2

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Log in to view dividend history.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

Start 7-Day Free Trial

Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

2 historical records
Jul 24, 2652
Oct 1, 2651

2 historical score records available.

Historical Score Chart

2 of 2 records shown

Wall Street Score

Jul 24, 26Oct 1, 260255075100

Debt Score

Jul 24, 26Oct 1, 260255075100

Revenue Score

Jul 24, 26Oct 1, 260255075100

Asset Score

Jul 24, 26Oct 1, 260255075100

Capital Score

Jul 24, 26Oct 1, 260255075100

Management Score

Jul 24, 26Oct 1, 260255075100

Moat Score

Jul 24, 26Oct 1, 260255075100

Valuation Score

Jul 24, 26Oct 1, 260255075100

Buffett Score

Jul 24, 26Oct 1, 260255075100

Intrinsic Value

Jul 24, 26Oct 1, 26$36.00$40.00$44.00$48.00$52.00

Value Reference

Jul 24, 26Oct 1, 26$22.00$24.00$26.00$28.00$30.00

Margin of Safety %

Jul 24, 26Oct 1, 260.3%0.3%0.3%0.4%0.4%

Related Companies

Specialty Retail

PDD

PDD Holdings Inc.

80Strong
$79.04View

TKLF

Tokyo Lifestyle Co., Ltd.

69Fair
$1.44View

ELA

Envela Corporation

64Fair
$11.16View

LITB

LightInTheBox Holding Co., Ltd.

63Fair
$2.80View

VIPS

Vipshop Holdings Limited

62Fair
$12.70View

BBW

Build-A-Bear Workshop, Inc.

62Fair
$23.78View

News

Rumor Mill · JD

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

Continue researching this company with related Wall Street Score rankings and investing guides.

Highest Wall Street Score stocksBest value stocksBest growth stocksHow Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

Score Alerts

Premium unlocks alerts when a score rises, falls, or reaches your target price.

Start 7-Day Free Trial

Portfolio Score

Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.

Start 7-Day Free Trial