XML 23 R5.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Cash Flows
¥ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
CNY (¥)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
CNY (¥)
Dec. 31, 2021
CNY (¥)
Cash flows from operating activities:        
Net income/(loss) ¥ 23,257 $ 3,275 ¥ 9,691 ¥ (4,467)
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:        
Depreciation and amortization 8,292 1,168 7,236 6,232
Share-based compensation 4,804 677 7,548 9,134
Losses from disposal of property, equipment and software 55 8 407 18
Gain from extinguishment of debt     (6)  
Deferred income tax 869 122 (549) (651)
Amortization of discounts and issuance costs of the unsecured senior notes 12 2 12 14
Impairment of goodwill 3,143 443 (0) (0)
Impairment of long-lived assets 2,025 285    
Allowance for doubtful accounts 641 90 926 708
Impairment of investments 3,043 429 1,969 574
Fair value change of long-term investments 855 120 4,096 7,252
(Gains)/losses from acquirements or disposals of business and investment (89) (13) 3,558 (140)
Gain on sale of development properties (2,283) (322) (1,379) (767)
Share of results of equity investees (1,010) (142) 2,195 4,918
Foreign exchange (gains)/losses 28 4 (114) (42)
Changes in operating assets and liabilities:        
Accounts receivable (310) (44) (7,196) (5,632)
Advance to suppliers 1,075 151 9 (107)
Inventories 9,891 1,393 (2,278) (16,697)
Prepayments and other current assets 590 84 (1,969) (2,539)
Amount due from related parties (750) (106) 1,763 (278)
Operating lease right-of-use assets (273) (38) (525) (4,045)
Other non-current assets 74 10 2,397 (1,701)
Accounts payable 4,614 650 17,658 32,585
Advance from customers (2,088) (294) 4,526 8,702
Deferred revenues (1,397) (197) (319) (243)
Taxes payable 1,311 185 3,206 (468)
Amount due to related parties 1,132 159 847 (66)
Accrued expenses and other current liabilities 2,149 303 3,295 5,257
Operating lease liabilities 529 75 705 4,180
Other non-current liabilities (668) (94) 110 570
Net cash provided by operating activities 59,521 8,383 57,819 42,301
Cash flows from investing activities:        
Purchase of short-term investments (193,605) (27,269) (180,291) (167,684)
Maturity of short-term investments 217,184 30,590 165,093 113,362
Purchases of long-term time deposits and wealth management products (74,924) (10,553) (3,019) (160)
Maturity of long-term time deposits and wealth management products     30  
Purchases of investment securities       (2,656)
Cash received from disposal of investment securities 8,318 1,172 6,348 13,165
Prepayments and investments in equity investees (1,382) (195) (4,501) (11,576)
Cash received from disposal of equity investments 387 55 412 407
Cash paid for loan originations (75,761) (10,671) (77,577) (82,197)
Cash received from loan repayments 75,986 10,702 77,732 80,561
Purchase of property, equipment and software (4,025) (567) (5,495) (5,562)
Disposal of equipment and other assets 130 18 1,418 1,765
Purchase of intangible assets (3)   (10) (23)
Cash paid for asset acquisitions, net of cash acquired (5,468) (770) (2,170) (1,603)
Purchase of land use rights (4,981) (702) (5,236) (7,825)
Cash paid for construction in progress (11,006) (1,550) (12,172) (8,868)
Cash received from sale of development properties 6,975 982 1,686 3,549
Cash paid for business combinations, net of cash acquired     (15,684) (321)
Loans settled by/(provided to) JD Technology 3,328 469 (502) (169)
Other investing activities (696) (97) (88) 1,587
Net cash used in investing activities (59,543) (8,386) (54,026) (74,248)
Cash flows from financing activities:        
Repurchase of ordinary shares (2,497) (352) (1,823) (5,246)
Proceeds from issuance of ordinary shares pursuant to share-based awards 33 5 1,043 62
Cash paid for dividends (6,741) (949) (13,087) 0
Capital injection from non-controlling interest shareholders 1,835 258 8,020 27,662
Return of capital to non-controlling interests     (36) (68)
Acquisition of additional equity interests in non-wholly owned subsidiaries (778) (110) (4,581) (775)
Proceeds from short-term borrowings 17,343 2,443 33,208 7,133
Repayment of short-term borrowings (16,192) (2,281) (31,804) (5,982)
Proceeds from long-term borrowings 13,157 1,853 14,101  
Repayment of long-term borrowings (11,195) (1,577) (3,635) (29)
Repurchase and repayment of unsecured senior notes     (31) (3,246)
Other financing activities (773) (108) (195) (8)
Net cash provided by/(used in) financing activities (5,808) (818) 1,180 19,503
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 125 17 3,490 (1,498)
Net increase/(decrease) in cash, cash equivalents, and restricted cash (5,705) (804) 8,463 (13,942)
Cash, cash equivalents, and restricted cash at beginning of year, including cash and cash equivalents classified within assets held for sale 85,156 11,994 76,693 90,635
Less: cash, cash equivalents, and restricted cash classified within assets held for sale at beginning of year 41 6   116
Cash, cash equivalents, and restricted cash at beginning of year 85,115 11,988 76,693 90,519
Cash, cash equivalents, and restricted cash at end of year, including cash and cash equivalents classified within assets held for sale 79,451 11,190 85,156 76,693
Less: cash, cash equivalents, and restricted cash classified within assets held for sale at end of year 53 7 41  
Cash, cash equivalents, and restricted cash at end of year 79,398 11,183 85,115 76,693
Supplemental disclosure of cash flow information:        
Cash paid for income taxes (5,462) (769) (2,555) (2,538)
Cash paid for interest (2,808) (395) (2,393) (1,221)
Supplemental disclosures of non-cash investing and financing activities:        
Issuance of ordinary shares in connection with strategic cooperation agreement with Tencent 472 66 448 463
Right-of-use assets acquired under operating leases 10,890 1,534 7,700 ¥ 10,228
Acquisition of equity interest in Dada by strategic resources ¥ 249 $ 35 ¥ 1,606