JD.com

9618 · HKEX · HKD

$102.90−1.34%−$1.40

Close · October 2, 2026

At a glance

Revenue growth: +12.97%; 2025 vs 2024
Net income growth: −52.54%; 2025 vs 2024
Net margin: 1.5%; 2024: 3.6%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	725,406	685,722	695,201	713,529	706,939	677,862	698,234	643,559	651,636	601,822	628,958	617,393
Current assets	404,602	364,662	374,421	379,264	394,033	357,230	386,698	311,102	322,201	284,072	307,810	357,608
Cash and equivalents	89,068	101,829	137,488	113,069	116,547	96,778	108,350	99,092	84,496	81,626	71,892	115,971
Short-term investments	132,594	100,304	75,744	85,203	97,291	97,385	125,645	91,801	117,406	90,371	118,254	126,382
Receivables	29,844	26,436	30,951	41,491	43,973	34,724	31,680	22,885	25,138	21,550	24,127	25,337
Inventory	114,577	96,166	95,428	100,999	103,537	95,434	89,326	72,883	70,644	67,994	68,058	64,638
Net property, plant and equipment	134,562	130,900	128,980	126,750	121,363	115,714	113,433	113,555	107,066	102,259	100,818	99,173
Goodwill	26,291	26,291	26,291	27,594	25,709	25,709	25,709	21,729	21,729	19,980	19,980	23,123
Other intangible assets	45,960	44,270	44,601	44,878	44,429	44,330	44,626	44,691	45,122	45,272	46,498	46,131
Long-term investments	96,435	104,025	103,818	120,989	109,622	123,893	116,220	142,373	141,971	135,421	137,586	62,686
Current liabilities	354,736	309,027	306,072	316,549	322,632	284,129	299,521	265,553	280,227	246,099	265,650	262,438
Accounts payable	230,629	188,780	149,992	190,052	212,650	179,690	158,514	163,041	182,741	118,371	133,041	153,563
Long-term debt	52,803	62,656	62,473	59,962	56,595	56,250	56,475	53,847	56,781	42,589	41,966	32,741
Total debt	105,308	108,020	107,105	112,089	100,792	—	—	—	—	—	—	—
Total liabilities	443,031	404,992	401,418	409,109	409,650	369,191	384,937	346,814	363,686	313,859	332,578	321,109
Total equity (incl. minority)	282,375	280,730	293,783	304,420	297,289	308,671	313,297	296,745	287,950	287,963	296,380	296,284
Retained earnings	—	—	92,574	—	—	—	83,261	—	—	49,024	50,160	—
Minority interest	63,257	64,244	68,743	72,487	70,129	74,349	73,950	68,134	67,186	65,583	64,522	66,190