XML 127 R49.htm IDEA: XBRL DOCUMENT
v3.20.1

Investment in equity investees (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Schedule of condensed financial information of the Group's equity investments |
|  | For the year ended December 31, |
|  | 2017 |  |  | 2018 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | RMB |
Operating data: |  |  |  |  |  |  |  |  |  |  |  |
Revenue s |  |  | 72,206,753 |  |  |  | 94,099,295 |  |  |  | 128,942,238 |
Gross profit |  |  | 19,162,739 |  |  |  | 26,893,544 |  |  |  | 34,540,510 |
Loss from operations |  |  | (2,200,140 | ) |  |  | (1,471,960 | ) |  |  | (534,006 | )
Net loss |  |  | (2,549,137 | ) |  |  | (1,722,715 | ) |  |  | (564,940 | )
Net loss attributable to shareholder s |  |  | (2,977,210 | ) |  |  | (1,748,305 | ) |  |  | (1,235,224 | )
|  | As of December 31, |
|  | 2017 |  |  | 2018 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | RMB |
Balance sheet data: |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  |  | 78,125,211 |  |  |  | 110,276,278 |  |  |  | 117,073,881 |
Non-current assets |  |  | 62,806,104 |  |  |  | 78,546,934 |  |  |  | 97,456,584 |
Current liabilities |  |  | 58,734,790 |  |  |  | 80,643,552 |  |  |  | 94,482,219 |
Non-current liabilities |  |  | 16,703,429 |  |  |  | 22,755,496 |  |  |  | 18,910,340 |
Redeemable stock |  |  | 5,877,854 |  |  |  | 9,897,962 |  |  |  | 10,593,025 |
Non-controlling interests |  |  | 717,106 |  |  |  | 431,498 |  |  |  | 380,510 |
Yonghui Group |
Schedule of investment accounted for using equity method |
|  | As of December 31, 2017 |  |  | As of December 31, 2018 |  |  | As of December 31, 2019 |
|  | RMB |  |  | RMB |  |  | RMB |
Carrying value of investment in Yonghui |  |  | 4,245,001 |  |  |  | 5,450,209 |  |  |  | 5,508,062 |
Proportionate share of Yonghui’s net tangible and intangible assets |  |  | 1,946,349 |  |  |  | 2,122,874 |  |  |  | 2,249,239 |
Positive basis difference |  |  | 2,298,652 |  |  |  | 3,327,335 |  |  |  | 3,258,823 |
Positive basis difference has been assigned to: |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 1,270,190 |  |  |  | 1,989,726 |  |  |  | 1,989,726 |
Amortizable intangible assets (*) |  |  | 1,371,283 |  |  |  | 1,783,478 |  |  |  | 1,692,129 |
Deferred tax liabilities |  |  | (342,821 | ) |  |  | (445,869 | ) |  |  | (423,032 | )
|  |  | 2,298,652 |  |  |  | 3,327,335 |  |  |  | 3,258,823 |
Cumulative gains in equity interest in Yonghui |  |  | 124,917 |  |  |  | 250,538 |  |  |  | 428,729 |
(*) | As of December 31, 2019, the weighted average remaining life of the intangible assets not included in Yonghui’s consolidated financial statements was 15 years.
Schedule of condensed financial information of the Group's equity investments |
|  | For the year ended December 31, 2017 |  |  | For the year ended December 31, 2018 |  |  | For the year ended December 31, 2019 |
|  | RMB |  |  | RMB |  |  | RMB |
Revenue s |  |  | 55,524,229 |  |  |  | 67,975,691 |  |  |  | 81,367,849 |
Gross profit |  |  | 11,319,620 |  |  |  | 14,912,887 |  |  |  | 18,019,934 |
Income from operations |  |  | 2,065,795 |  |  |  | 1,296,271 |  |  |  | 2,024,586 |
Net income |  |  | 1,721,628 |  |  |  | 1,189,513 |  |  |  | 1,774,888 |
Net income attributable to shareholders |  |  | 1,818,910 |  |  |  | 1,548,833 |  |  |  | 2,000,842 |
Percentage of ownership in Yonghui |  |  | 10 | % |  |  | 12 | % |  |  | 12 | %
Proportionate share of Yonghui’s net income, before basis adjustments |  |  | 181,891 |  |  |  | 160,630 |  |  |  | 232,580 |
Basis adjustments |  |  | (58,998 | ) |  |  | (64,072 | ) |  |  | (68,512 | )
Proportionate share of Yonghui’s net income |  |  | 122,893 |  |  |  | 96,558 |  |  |  | 164,068 |
Bitauto Group |
Schedule of investment accounted for using equity method |
|  | As of December 31, 2017 |  |  | As of December 31, 2018 |  |  | As of December 31, 2019 |
|  | RMB |  |  | RMB |  |  | RMB |
Carrying value of investment in Bitauto (*) |  |  | 2,128,409 |  |  |  | 2,544,367 |  |  |  | 1,817,781 |
Proportionate share of Bitauto’s net tangible and intangible assets |  |  | 2,228,925 |  |  |  | 2,619,609 |  |  |  | 2,347,924 |
Positive/(negative) basis difference |  |  | (100,516 | ) |  |  | (75,242 | ) |  |  | (530,143 | )
Positive/(negative) basis difference has been assigned to: |  |  |  |  |  |  |  |  |  |  |  |
Goodwill (*) |  |  | — |  |  |  | — |  |  |  | — |
Amortizable intangible assets (**) |  |  | (100,516 | ) |  |  | (75,242 | ) |  |  | (530,143 | )
|  |  | (100,516 | ) |  |  | (75,242 | ) |  |  | (530,143 | )
Cumulative losses in equity interest in Bitauto |  |  | (3,696,754 | ) |  |  | (3,280,796 | ) |  |  | (3,910,223 | )
(*) | In the first quarter of 2019, the Group conducted impairment assessment on its investment in Bitauto considering the duration and severity of the decline of Bitauto’s stock price after the investment, as well as the financial condition, operating performance and the prospects of Bitauto, and concluded the decline in fair value of the investment was other-than-temporary. Accordingly, the Group recorded impairment charge of RMB488,453 to write down the carrying value of its investment in Bitauto to the fair value, based on quoted closing price of Bitauto’s stock as of March 31, 2019.
(**) | As of December 31, 2019, the negative basis difference between carrying value of investment in Bitauto and proportionate share of Bitauto’s net tangible and intangible assets was RMB530,143. This difference would not be amortized.
Dada Group |
Schedule of the estimated fair value of the assets/investments received |
|  | As of April 26, 2016 |
|  | RMB |
Assets/investments received by the Group |  |  |  |
Dada’s ordinary shares |  |  | 2,164,050 |
Dada’s preferred shares |  |  | 1,298,700 |
Warrant to purchase Dada’s preferred shares |  |  | 45,450 |
|  |  | 3,508,200 |
Schedule of investment accounted for using equity method |
|  | As of December 31, 2017 |  |  | As of December 31, 2018 |  |  | As of December 31, 2019 |
|  | RMB |  |  | RMB |  |  | RMB |
Carrying value of investment in Dada’s ordinary shares |  |  | 139,147 |  |  |  | — |  |  |  | — |
Proportionate share of Dada’s net tangible and intangible assets |  |  | (1,579,323 | ) |  |  | (1,709,458 | ) |  |  | (1,701,718 | )
Positive basis difference |  |  | 1,718,470 |  |  |  | 1,709,458 |  |  |  | 1,701,718 |
Positive basis difference has been assigned to: |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 1,605,891 |  |  |  | 1,605,891 |  |  |  | 1,605,891 |
Amortizable intangible assets (*) |  |  | 150,105 |  |  |  | 138,089 |  |  |  | 127,770 |
Deferred tax liabilities |  |  | (37,526 | ) |  |  | (34,522 | ) |  |  | (31,943 | )
|  |  | 1,718,470 |  |  |  | 1,709,458 |  |  |  | 1,701,718 |
Cumulative losses in equity interest in Dada’s ordinary shares |  |  | (2,024,903 | ) |  |  | (2,164,050 | ) |  |  | (2,164,050 | )
(*) | As of December 31, 2019, the weighted average remaining life of the intangible assets not included in Dada’s consolidated financial statements was 6 years.
Tuniu Group |
Schedule of investment accounted for using equity method |
|  | As of December 31, 2017 |  |  | As of December 31, 2018 |  |  | As of December 31, 2019 |
|  | RMB |  |  | RMB |  |  | RMB |
Carrying value of investment in Tuniu (*) |  |  | 947,500 |  |  |  | 858,566 |  |  |  | 457,443 |
Proportionate share of Tuniu’s net tangible and intangible assets |  |  | 779,525 |  |  |  | 714,009 |  |  |  | 633,295 |
Positive/(negative) basis difference |  |  | 167,975 |  |  |  | 144,557 |  |  |  | (175,852 | )
Positive/(negative) basis difference has been assigned to: |  |  |  |  |  |  |  |  |  |  |  |
Goodwill (*) |  |  | 23,899 |  |  |  | 23,899 |  |  |  | — |
Amortizable intangible assets (**) |  |  | 192,101 |  |  |  | 160,877 |  |  |  | (175,852 | )
Deferred tax liabilities |  |  | (48,025 | ) |  |  | (40,219 | ) |  |  | — |
|  |  | 167,975 |  |  |  | 144,557 |  |  |  | (175,852 | )
Cumulative losses in equity interest in Tuniu |  |  | (1,546,645 | ) |  |  | (1,635,579 | ) |  |  | (2,036,702 | )
(*) | In the second and fourth quarter of 2019, the Group conducted impairment assessment s on its investment in Tuniu considering the duration and severity of the decline of Tuniu’s stock price after the investment, and concluded the decline in fair value of the investment was other-than-temporary. Accordingly, the Group recorded impairment charge s of RMB222,212 and R MB 86,072 in the second and fourth quarter s of 2019, respectively, to write down the carrying value of its investment in Tuniu to its fair value, based on quoted closing price s of Tuniu as of June 30, 2019 and December 31, 2019, respectively.
(**) | As of December 31, 2019, the negative basis difference between carrying value of investment in Tuniu and proportionate share of Tuniu’s net tangible and intangible assets was RMB175,852. This difference would not be amortized.
Jiangsu Five Star |
Schedule of investment accounted for using equity method |
|  | As of April 29, 2019 |  |  | As of December 31, 2019 |
|  | RMB |  |  | RMB |
Carrying value of investment in Jiangsu Five Star |  |  | 1,274,257 |  |  |  | 1,317,045 |
Proportionate share of Jiangsu Five Star’s net tangible and intangible assets |  |  | 432,310 |  |  |  | 480,438 |
Positive basis difference |  |  | 841,947 |  |  |  | 836,607 |
Positive basis difference has been assigned to: |  |  |  |  |  |  |  |
Goodwill |  |  | 586,325 |  |  |  | 586,325 |
Amortizable intangible assets (*) |  |  | 208,840 |  |  |  | 206,069 |
Property (*) |  |  | 131,990 |  |  |  | 127,641 |
Deferred tax liabilities |  |  | (85,208 | ) |  |  | (83,428 | )
|  |  | 841,947 |  |  |  | 836,607 |
Cumulative gains in equity interest in Jiangsu Five Star |  |  | — |  |  |  | 42,788 |
(*) | As of December 31, 2019, the weighted average remaining lives of the intangible assets and property were 19 years and 24 years, respectively.
Yixin |
Schedule of investment accounted for using equity method | Investment in Yixin is accounted for using the equity method with the investment cost allocated as follows:
|  | As of December 31, 2017 |  |  | As of December 31, 2018 |  |  | As of December 31, 2019 |
|  | RMB |  |  | RMB |  |  | RMB |
Carrying value of investment in Yixin |  |  | 860,992 |  |  |  | 1,044,537 |  |  |  | 1,206,741 |
Proportionate share of Yixin’s net tangible and intangible assets |  |  | 1,703,448 |  |  |  | 1,641,276 |  |  |  | 1,663,071 |
Negative basis difference |  |  | (842,456 | ) |  |  | (596,739 | ) |  |  | (456,330 | )
Cumulative gains in equity interest in Yixin |  |  | — |  |  |  | 183,545 |  |  |  | 345,749 |

X
- Definition Tabular disclosure of condensed financial information of the Group's equity investments. + References No definition available. + Details
Name: | jd_CondensedFinancialInformationOfEquityInvestmentsTableTextBlock
Namespace Prefix: | jd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of estimated fair value of the consideration paid and the assets/investments received from investment in equity investees. + References No definition available. + Details
Name: | jd_FairValueOfConsiderationPaidAndAssetsInvestmentsReceivedTableTextBlock
Namespace Prefix: | jd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=jd_YonghuiSuperstoresCoLtdMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=jd_BitautoHoldingsLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=jd_DadaNexusLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=jd_TuniuCorporationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=jd_JiangsuFiveStarMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=jd_YixinGroupLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |