JD.com Published 2021 Q2 Financial Results

Consumer Staples Author: EqualOcean News, Yiru Qian Aug 24, 2021 03:13 PM (GMT+8)

The overall revenue performance is positive.

JD.COM

According to JD's (JD:NASDAQ) financial announcement for the second quarter of 2021:

- The net income rose by 26.2%, reaching CNY 253.8 billion.

- The net profit attributable to ordinary shareholders was CNY 790 million, compared with CNY 16.4 billion in the same period in 2020. While under non-GAAP, it was CNY 4.6 billion, down from CNY 5.9 billion in the same period last year.

- The operating revenue slumped to CNY 300 million from CNY 5 billion in the same period last year.

- As of June 30, 2021, the number of employees in JD.com listed companies and non-listed companies was nearly 400,000, becoming the company with the largest number of employees in domestic private enterprises.

- For the twelve months ending June 30, 2021, JD’s cash flow was CNY 38.9 billion (up from CNY 26.3 billion previously).

- Excluding the impact of JD Baitiao on the operating cash flow, the free cash flow for the twelve months ending on June 30, 2021, was CNY 31.9 billion, compared with CNY 22.7 billion in the same period last year.

- For the twelve months ending June 30, 2021, the number of active purchasers of JD.com was 532 million, achieving a net increase of 115 million over the same period last year. It also set a record for attracting 32 million new users in a single quarter. Among them, more than 70% of the products purchased by active users are delivered to third- to sixth-tier cities.