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Earnings Season: Mooers' Discussion
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Interpretation of JD's financial report: How to continue to grow under stock competition

Interpretation of JD's financial report: How to continue to grow under stock competition

On March 11, $JD.com(JD.US)$ Results for the fourth quarter and full year of 2020 were announced. Let's first take a look at the performance of JD's financial report~

2020Fourth quarter, JD GroupNet revenue was RMB 224.3 billion, an increase of 31.4% over the previous year.

2020Net revenue for the whole year was RMB 745.8 billion, of whichNet service revenue accounted for more than 14% for the first time. As of December 31, 2020, the number of active purchasing users of JD in the past 12 months reached 471.9 million, a net increase of nearly 110 million active users for the whole year.

In addition to high-quality growth in core indicators such as revenue and users, the financial report also revealed the number of days of JD's inventory turnover. (Note: Inventory turnover speed is one of the core indicators of the retail industry)

JD's annual net revenue is over 700 billion dollars. What level is it in the current e-commerce hierarchy?
Exactly how many days does JD have in inventory turnover? And what does it represent?

Tonight, I'll meet with Mr. Li Chengdong at 7 o'clock. Let's take a look together $JD.com(JD.US)$ Let's interpret the financial report
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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