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Stock impact report

JD.com Defies the Bears With Another Quarter of Robust Growth [The Motley Fool]

JD.com, Inc. - American Depositary Shares (JD) 
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Company Research Source: The Motley Fool
JD.com Defies the Bears With Another Quarter of Robust Growth China’s biggest direct retailer continues to grow its revenue and margins. Shares of JD.com ( NASDAQ:JD ) recently surged to a 52-week high after the company's fourth-quarter numbers dazzled investors. The Chinese e-commerce company's revenue rose 26.6% annually to 170.7 billion yuan ($24.5 billion), beating estimates by about $600 million. On a non-GAAP basis, the company's operating income surged 125% to 704 million yuan ($101.1 million), while its net income grew 8% to 810.7 million yuan ($116.5 million), or 0.54 yuan ($0.08) per ADS, which topped expectations by two cents. On a GAAP basis -- which includes stock-based compensation, investments, divestments, and other one-time adjustments -- it posted a net profit of 3.6 billion yuan ($500 million), compared to a net loss of 4.8 billion yuan a year earlier. Those robust growth rates crushed the bearish notion that JD's growth would decelerate as it lost ground to rivals Show less Read more
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