Jd.com financial report interpretation: How to continue growing in a stock competition

On March 11th, $JD.com (JD.US)$ Let's take a look at jd.com's financial performance for the fourth quarter and the whole year of 2020.

In 2020.Fourth quarter, JD Groupreported a net income of 224.3 billion RMB, a year-over-year increase of 31.4%.

In 2020.The net income for the whole year was 745.8 billion yuan.Among them,The proportion of net service revenue exceeded 14% for the first time.As of December 31, 2020, jd.com has active purchasing users of 0.4719 billion in the past 12 months, with a net increase of nearly 0.11 billion active users for the whole year.

In addition to the high-quality growth of key indicators such as revenue and users, the financial report also disclosed jd.com's inventory turnover days.NoteInventory turnover speed is one of the core indicators of the retail trade.

jd.com's net income for the whole year was over 7 trillion, what level is it in the current e-commerce sector?
What is the inventory turnover days of jd.com and what does it represent?

Tonight, let's meet with Teacher Li Chengdong at 7 o'clock and watch $JD.com (JD.US)$ interpretations.