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JD.Com Inc
HKEX:9618

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JD.Com Inc
HKEX:9618
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Price: 108.4 HKD -1.28% Market Closed
Market Cap: HK$344.7B

ROE

14%
Current
Improving
by 0.3%
vs 3-y average of 13.7%

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
14%
=
Net Income
¥32.2B
/
Avg Total Equity
¥230.3B

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
14%
=
Net Income
HK$32.2B
/
Avg Total Equity
¥230.3B

Peer Comparison

Country Company Market Cap ROE
CN
JD.Com Inc
HKEX:9618
344.7B HKD
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US
Amazon.com Inc
NASDAQ:AMZN
2.2T USD
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ZA
Naspers Ltd
JSE:NPN
725.5B ZAR
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CN
Alibaba Group Holding Ltd
NYSE:BABA
392B USD
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CN
PDD Holdings Inc
NASDAQ:PDD
148.4B USD
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NL
Prosus NV
AEX:PRX
105.1B EUR
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UY
MercadoLibre Inc
BMV:MELIN
1.8T MXN
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AR
Mercadolibre Inc
NASDAQ:MELI
101.9B USD
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US
DoorDash Inc
NASDAQ:DASH
75.1B USD
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CN
Meituan
HKEX:3690
518.5B HKD
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US
eBay Inc
NASDAQ:EBAY
38.2B USD
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Market Distribution

Higher than 85% of companies in China
Percentile
85th
Based on 8 084 companies
85th percentile
14%
Low
-7 562.2% — 0.2%
Typical Range
0.2% — 8.8%
High
8.8% — 122 197.8%
Distribution Statistics
China
Min -7 562.2%
30th Percentile 0.2%
Median 4.7%
70th Percentile 8.8%
Max 122 197.8%

JD.Com Inc
Glance View

In the bustling digital marketplace of China, JD.com Inc. stands as a formidable force, a testament to the country's rapid e-commerce evolution. Founded by Liu Qiangdong, the company started humbly in Beijing, initially as a physical storefront. However, the SARS epidemic pushed Liu to pivot online, setting the stage for JD.com's rise. Unlike many of its peers in the e-commerce sphere, JD.com took a strategic path of tightly managing its supply chain. By owning and operating its logistics network, the company ensures quick delivery and a high level of quality control. This vertically integrated model allows JD.com to efficiently stock and transport a vast array of products, from consumer electronics to fresh groceries, thereby generating revenue from direct product sales. JD.com’s sprawling ecosystem doesn't stop at mere product sales. It has expanded into technology services, cloud computing, and artificial intelligence solutions, offering platforms for vendors to tap into their logistics capabilities. This diversification extends JD's reach beyond conventional retail, as it earns service fees from third-party sellers and leverages data analytics to enhance customer experiences. JD’s commitment to innovation and infrastructure funding, such as autonomous delivery vehicles and AI-driven customer service, fortifies its competitive edge. As a result, JD.com continues to maintain robust growth, increasingly influencing China’s digital commerce landscape with a model built on trust, speed, and sophistication.

Intrinsic Value
328.97 HKD
Undervaluation 67%
Intrinsic Value
Price
What is Return on Equity?
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
How is ROE calculated?

ROE is calculated by dividing the Net Income by the Avg Total Equity.

ROE
14%
=
Net Income
¥32.2B
/
Avg Total Equity
¥230.3B
What is JD.Com Inc's current ROE?

The current ROE for JD.Com Inc is 14%, which is above its 3-year median of 13.7%.

How has ROE changed over time?

Over the last 3 years, JD.Com Inc’s ROE has increased from 1% to 14%. During this period, it reached a low of 1% on Sep 30, 2022 and a high of 19.8% on Mar 31, 2025.

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