According to the financial report, in the fourth quarter of 20021,JD.COM achieved revenue of 275.9 billion yuan, up 23% year-on-year. In 20021year, JD.COM achieved a revenue of 951600 million yuan, a year-on-year increase of 27.6%.
JD .COM's operating loss in the fourth quarter was 392 million yuan, and its operating profit was 65,438+0.0%, compared with 0.5% in the same period last year. The annual operating profit of JD .COM is 4 1 100 million yuan, and the operating profit rate is 1.4%, which will be 2. 1% in 2020, further maintaining a low profit rate.
Judging from the annual number of active users, JD.COM has maintained a rapid upward trend, from 471900 million in 2020 to 569.7 million, an increase of 20.7%.
JD。 COM's U.S. stocks showed a downward trend before trading. As of press time, the China stock market generally fell before the broader market, including Alibaba and Pinduoduo.
In fact, JD.COM this year. COM's share price has been relatively resilient, with a cumulative decline of 9.43%. In contrast, the share prices of Alibaba and Pinduoduo have fallen by 15.45% and 25.72% respectively this year.
The performance of JD .COM supports its toughness to some extent. From these figures, we can also get a glimpse of the future trend of JD.COM.
Income growth is considerable.
According to the financial report, in the fourth quarter of 20021,JD.COM achieved revenue of 275.9 billion yuan, up 23% year-on-year. Among them, commodity income and service income increased by 22. 1% and 28.3% respectively.
In 200 1 year, JD.COM realized a tax revenue of 951600 million yuan, an increase of 27.6% over the previous year. Among them, commodity income and service income increased by 25. 1% and 44.7% respectively over the previous year.
In contrast, Alibaba, which recently released its financial report, had a revenue growth rate of only 65,438+00% in the third quarter up to 20212,365,438+00.
JD。 The high growth rate of COM. The income of com is closely related to the high growth of its service income. In fact, JD.COM's service revenue has exceeded the growth rate of total revenue, accounting for more than 14%, higher than the same period last year.
Specifically, in the fourth quarter, JD.COM. COM platform and advertising service revenue reached 22.239 billion yuan, up 27.438+0% year-on-year; Jingdong's revenue from logistics and other services reached 654.38+08.994 billion yuan, a year-on-year increase of 29.67%. The annual service income of the above two parts was 721.1.800 million yuan and 6381.900 million yuan respectively, with year-on-year growth of 34.87% and 57.77% respectively.
In addition to service income, JD.COM. COM's commodity income structure continues to be optimized.
The fourth quarter JD.COM. COM's revenue from commodities, electronic products and household appliances was140.932 billion yuan, up 21.68% year-on-year; The income from daily necessities was 93.743 billion yuan, a year-on-year increase of 22.73%; The annual income of electronic products, household appliances and daily necessities in JD.COM was 492.592 billion yuan and 323.063 billion yuan respectively, up by 22.86% and 28.73% respectively. Whether in a single season or in the whole year, the income of daily necessities in JD.COM accounts for nearly 40%, maintaining a high level.
According to Xu Lei, President of JD.COM Group, the growth rate of JD.COM Group benefits from the unique value created by JD.COM. COM's open ecology and supply chain capabilities have brought operational efficiency improvement and sustained high-quality growth to partners. "Looking ahead, we will always build our long-term business development strategy and investment layout around creating value for users and partners."
Maintain low profit margin operation
JD .COM's net loss attributable to ordinary shareholders in the fourth quarter was 5.2 billion yuan, compared with 24.3 billion yuan in the same period last year. The net profit attributable to ordinary shareholders under non-GAAP was 3.6 billion yuan, compared with 2.4 billion yuan in the same period last year.
At 202 1, JD. The net loss attributable to ordinary shareholders of COM is 3.6 billion yuan, the net profit in 2020 is 49.4 billion yuan, the net profit attributable to ordinary shareholders under non-GAAP is 65.438+072 billion yuan, and the net profit in 2020 is 65.438+068 billion yuan.
One of the reasons why JD.COM turned from profit to loss in the fourth quarter was the investment loss. According to JD.COM, in the fourth quarter of 20021,the investment loss calculated by the equity method was 4.3 billion yuan, and the annual loss was 4.9 billion yuan. In contrast, the profits of JD.COM in the fourth quarter and the whole year of 2020 are 654.38+0.7 billion yuan and 4.3 billion yuan respectively.
In terms of operating conditions, the operator
As a new entity enterprise, JD.COM still maintains a low profit margin. The fourth quarter JD.COM. COM retail operating profit margin was 2. 1%, compared with 1.9% in the same period of last year, and the annual operating profit margin was 3. 1%, compared with 3.0% in the same period of last year. Generally speaking, JD. COM's profit margin increased from 0.5% in the same period last year to 1.0%, while the annual profit margin decreased from 2. 1% in 2020 to 1.4%.
According to JD.COM, in the past three years, JD.COM invested more than 2 trillion yuan in the real economy, such as commodity procurement, infrastructure, technology research and development, logistics performance, employee compensation and benefits, brand business support and so on.
As of 202 1, 12 and 3 1, jingdong logistics has operated more than 1300 warehouses, and 400 warehouses are added every year. The total storage area, including the cloud warehouse area managed by Jingdong Logistics, has exceeded 24 million square meters. By the end of 20021,the number of front-line employees in Jingdong Logistics exceeded 300,000. In addition, since the beginning of 20 17, JD.COM system has invested nearly 80 billion yuan in technology.
Omni-channel GMV increased by 80% year-on-year
With the massive investment in infrastructure and digital technology innovation, JD.COM is constantly improving its own capabilities and helping its partners to improve operational efficiency and speed up capital turnover.
In the fourth quarter of 200210000, on the basis of nearly100000 self-operated SKUs in JD.COM, the inventory turnover days were further reduced to 30.3 days, which was accelerated by 8 days in recent three years; The turnover days of accounts payable are further reduced to 45.3 days, which is nearly 15 days in three years.
At the same time, JD.COM is also expanding its channel layout and applying its own technology, supply chain and digital operation to online and offline diversified scenarios. In 20021year, the omni-channel GMV in JD.COM increased by nearly 80% year-on-year.
At present, JD.COM has laid out JD.COM Mall and JD.COM Electric Power.
There are tens of thousands of offline stores, such as Super Experience Store, JD.COM Household Appliances Store, JD.COM Computer Digital Store, Jingdong Home, JD.COM Pharmacy, Qixian Supermarket, JD.COM Convenience Store, and Beijing-Tokyo Automobile Association. In order to improve the more convenient and efficient instant consumption experience, in 20021year, JD.COM and Dada further deepened omni-channel cooperation, and helped partners, especially offline businesses, to continuously optimize the cost, efficiency and experience through model innovation.
It is also under the investment of many parties that the number of third-party businesses in JD.COM has also ushered in a rapid growth. In the fourth quarter of 20021,the number of third-party retailers in JD.COM exceeded the sum of the previous three quarters. In 20021year, the release scale of new products in JD.COM increased by more than 150% year-on-year, and the turnover of new products of more than 25,000 brands doubled year-on-year. In the past five years, the types of goods sold in JD.COM have expanded by 83%, and new brands have increased by 40%.
"In an uncertain environment, JD.COM helps partners to better resist the influence of external factors, improve operational efficiency and reduce operating costs, thus achieving operational certainty and stability. Therefore, the recognition of JD.COM by different types of partners is constantly improving, "Xu Lei pointed out at the performance exchange meeting after the release of the financial report. "We believe that the number of partners will continue to grow healthily in the future."
The omni-channel strategy and the construction of third-party merchant platform ecology have brought new imagination space for the growth of active users in JD.COM. By the end of 2002 1, 65438+February, 3 1, the number of active purchasing users in the past 12 months was about 570 million, with a net increase of nearly1billion a year. "We believe that the upper limit of our user growth is still high, and we are confident that our active users will maintain healthy growth in the next few years." Xu Lei stressed.
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