JD.com Shares Drop Post Q4 Results, Clocks 23% Revenue Growth

  • JD.com Inc JD reported fourth-quarter FY21 revenue growth of 23% year-on-year to $43.29 billion, missing the consensus of $43.36 billion.
  • JD Segment Performance: JD.com's net product revenue grew 22.1% Y/Y to $36.83 billion. Net service revenues rose 28.3% Y/Y to $6.47 billion.
  • JD Retail revenue grew 21.3% Y/Y to $39.2 billion.
  • Margins: The non-GAAP operating margin expanded 50 bps to 1%. The operating margin of JD Retail improved 20 bps to 2.1%.
  • Non-GAAP net income per ADS of $0.35 beat the consensus of $0.24.
  • JD.com generated $1.02 billion in operating cash flow during the quarter and held $30 billion in cash and equivalents.
  • JD.com's annual active customer accounts increased by 20.7% Y/Y to 569.7 million.
  • "JD.com maintained a healthy growth momentum and contributed to the high-quality expansion of China's consumption amid a dynamic external environment," said President Lei Xu.
  • Price Action: JD shares traded lower by 4.87% at $59.36 in the premarket session on the last check Thursday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsMoversTechTrading IdeasBriefswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!