Below are the financial statements of JD Logistics, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of CNY | 2024 | 2023 |
|---|---|---|
| Revenue | 182,837.58a | 166,624.71a |
| Cost of revenue | -164,139.17a | -153,941.56a |
| Gross profit | 18,698.41a | 12,683.16a |
| Selling and marketing expenses | -5,686.48a | -4,998.69a |
| Research and development expenses | -3,571.35a | -3,571.16a |
| General and administrative expenses | -3,335.44a | -3,353.14a |
| Other income, gains/(losses), net | 1,130.87a | 727.02a |
| Gains on disposal of industrial parks | 88.8a | 0a |
| Finance income | 1,462.07a | 1,404.14a |
| Finance costs | -1,029.67a | -1,036.72a |
| Impairment losses under expected credit loss model, net of reversal | -50.72a | -251.56a |
| Share of results of associates and joint ventures | 9.2a | 15.85a |
| Profit before income tax | 7,715.68a | 1,618.91a |
| Income tax expense | -628.13a | -451.72a |
| Profit for the year | 7,087.55a | 1,167.2a |
| Profit for the year attributable to | — | — |
| Owners of the company | 6,197.57a | 616.19a |
| Non-controlling interests | 889.99a | 551a |
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