According to the financial report released by JD.COM, JD.COM achieved a rapid growth in net revenue in 20 19. The company's share price has risen from $22 at the beginning of the year to around $38, and the market value of JD.COM has exceeded $55 billion, getting rid of its weak profitability in the past.
In the composition of JD. COM, in 20 19, JD.COM. The service inCOMe of com is 66150 million, and the product income reaches 5 1073 million. It is worth noting that JD.COM. The service inCOMe of com has been on the rise in the past three years, from 8.4% in 20 17 to 8.4% in 20 19.
The increase of service income of the company is mainly due to the increase of logistics and other service income, which has reached 23.47 billion yuan in 20 19. At the same time, logistics has been fully liberalized in JD.COM, and foreign orders account for more than 40%, which is also the core internal cause supporting the substantial growth of third-party logistics revenue.
JD.COM has carried out major reforms in the past year, such as eliminating 65,438+00% executives in the first half of the year, abolishing the basic salary of couriers, and implementing the 995 working system. Through these measures, the operating costs of these companies began to take effect, and the operating expense ratio in 2065,438+09 was 7.3%, down 0.6 percentage points year-on-year.
In terms of future performance forecast, JD.COM. In the first quarter of 2020, COM's net income may be reduced to 65,438+00%. Note that because of the impact of the epidemic on the e-commerce market, some consumption will be suppressed. But from the traffic structure, we can see that the new users in JD.COM are actively visiting and shopping, and more users will choose JD.COM in the future.