Added to YB: 2026-03-27
Pitch date: 2026-03-25
JD [neutral]
JD.com, Inc.
Author Info
Company Info
JD.com, Inc. operates as a supply chain-based technology and service provider in the People’s Republic of China and Europe.
Market Cap
$259.6B
Pitch Price
N/A
Price Target
N/A
Dividend
3.64%
EV/EBITDA
4.92
P/E
14.68
EV/Sales
0.13
Sector
Broadline Retail
Category
value
The China Pessimism continues - And their largest e-retailer is trading almost at net-cash, 2 times earnings - JD.com, Inc.
JD.com (overview): China's largest e-retailer by revenue trading at 2x P/E with $21B net cash vs $37B market cap. 17% rev CAGR, dominant in electronics/appliances via 3,600 warehouses & 6% return rate (vs 12% industry avg). Margins compressed (3.3% op margin) by quick-delivery war & Europe expansion eating profits. Bull case: undervalued quality asset if mgmt pivots from growth bets. Bear case: prolonged quick-commerce battle, macro headwinds, VIE structure risk.
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