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Financial Statements — JD
Balance Sheet
(in billions CNY)| Metric | Q4 2025 | Q4 2024 | Q4 2023 | Q4 2022 | Q4 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 137.49 | 108.35 | 10.13 | 78.86 | 70.77 |
| Short-term Investments | 10.83 | 125.65 | 118.25 | 141.10 | 114.56 |
| Accounts Receivable | 27.33 | 25.60 | 2.86 | 2.98 | 1.87 |
| Inventory | 13.65 | 89.33 | 9.59 | 77.95 | 11.86 |
| Total Current Assets | 53.54 | 386.70 | 307.81 | 351.07 | 299.67 |
| Property, Plant & Equipment | 13.06 | 82.74 | 70.04 | 55.08 | 5.17 |
| Goodwill | 3.76 | 25.71 | 2.81 | 23.12 | 12.43 |
| Intangible Assets | 7.72 | 7.79 | 0.98 | 9.14 | 5.84 |
| Total Non-current Assets | 320.78 | 311.54 | 45.23 | 35.40 | 196.84 |
| Total Assets | 695.20 | 698.23 | 628.96 | 86.30 | 496.51 |
| Accounts Payable | 26.94 | 192.86 | 166.17 | 23.29 | 22.05 |
| Short-term Debt | 1.15 | 7.58 | 5.03 | 12.15 | 0.69 |
| Total Current Liabilities | 43.77 | 299.52 | 265.65 | 266.56 | 221.64 |
| Long-term Debt | 41.68 | -- | -- | -- | 9.49 |
| Total Non-current Liabilities | 95.35 | 85.42 | 9.43 | 7.91 | 4.41 |
| Total Liabilities | 401.42 | 384.94 | 332.58 | 46.56 | 249.72 |
| Retained Earnings | 12.15 | 76.57 | 6.21 | 4.25 | 5.31 |
| Total Stockholder Equity | 32.18 | 239.35 | 231.86 | 213.37 | 32.78 |
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