vs
京东（JD）与Leslie's, Inc.（LESL）财务数据对比。点击上方公司名可切换其他公司
京东的季度营收约是Leslie's, Inc.的366.4倍（$53.9B vs $147.1M）。京东净利率更高（-0.1% vs -56.4%，领先56.2%）。京东同比增速更快（12.2% vs -16.0%）。京东自由现金流更多（$2.7B vs $-85.5M）。过去两年京东的营收复合增速更高（26.8% vs -11.7%）
京东是总部位于北京的中国知名电商企业，前身为360buy。2024年营收超1588亿美元，是中国收入规模最大的零售商，位列《财富》世界500强第47位。作为国内两大头部B2C线上零售商之一，与阿里巴巴旗下天猫直接竞争，业务覆盖零售、科技、物流、医疗健康、工业、地产管理等多个领域。
莱斯利公司（Leslie's, Inc.）主营游泳池相关用品零售，旗下运营莱斯利游泳池用品品牌，是全球规模最大的游泳池用品零售商。公司总部坐落于美国亚利桑那州凤凰城，在亚利桑那、加利福尼亚、佛罗里达、佐治亚及得克萨斯等州拥有极强的零售布局优势。
JD vs LESL — 直观对比
营收规模更大
JD
是对方的366.4倍
$147.1M
营收增速更快
JD
高出28.3%
-16.0%
净利率更高
JD
高出56.2%
-56.4%
自由现金流更多
JD
多$2.8B
$-85.5M
两年增速更快
JD
近两年复合增速
-11.7%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $53.9B | $147.1M |
| 净利润 | $-78.0M | $-83.0M |
| 毛利率 | 14.6% | 18.4% |
| 营业利润率 | -1.5% | -46.7% |
| 净利率 | -0.1% | -56.4% |
| 营收同比 | 12.2% | -16.0% |
| 净利润同比 | -105.0% | -86.2% |
| 每股收益（稀释后） | $-0.15 | $-8.92 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收JDLESL
| Q1 26 | — | $147.1M | ||
| Q4 25 | $53.9B | $389.2M | ||
| Q3 25 | $42.0B | — | ||
| Q2 25 | $49.8B | $500.3M | ||
| Q1 25 | $41.5B | $177.1M | ||
| Q4 24 | $48.0B | $175.2M | ||
| Q3 24 | $37.1B | $397.9M | ||
| Q2 24 | $40.1B | $569.6M |
净利润JDLESL
| Q1 26 | — | $-83.0M | ||
| Q4 25 | $-78.0M | $-162.8M | ||
| Q3 25 | $896.0M | — | ||
| Q2 25 | $937.0M | $21.7M | ||
| Q1 25 | $1.6B | $-51.3M | ||
| Q4 24 | $1.6B | $-44.6M | ||
| Q3 24 | $1.8B | $-9.9M | ||
| Q2 24 | $1.9B | $60.6M |
毛利率JDLESL
| Q1 26 | — | 18.4% | ||
| Q4 25 | 14.6% | 38.6% | ||
| Q3 25 | 16.9% | — | ||
| Q2 25 | 15.9% | 39.6% | ||
| Q1 25 | 15.9% | 24.8% | ||
| Q4 24 | 15.2% | 27.2% | ||
| Q3 24 | 17.3% | 36.0% | ||
| Q2 24 | 15.8% | 40.2% |
营业利润率JDLESL
| Q1 26 | — | -46.7% | ||
| Q4 25 | -1.5% | -38.6% | ||
| Q3 25 | -0.4% | — | ||
| Q2 25 | -0.2% | 13.7% | ||
| Q1 25 | 3.5% | -27.3% | ||
| Q4 24 | 2.6% | -22.7% | ||
| Q3 24 | 4.6% | 6.6% | ||
| Q2 24 | 3.6% | 17.2% |
净利率JDLESL
| Q1 26 | — | -56.4% | ||
| Q4 25 | -0.1% | -41.8% | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 1.9% | 4.3% | ||
| Q1 25 | 3.7% | -29.0% | ||
| Q4 24 | 3.3% | -25.4% | ||
| Q3 24 | 4.9% | -2.5% | ||
| Q2 24 | 4.7% | 10.6% |
每股收益（稀释后）JDLESL
| Q1 26 | — | $-8.92 | ||
| Q4 25 | $-0.15 | $-20.59 | ||
| Q3 25 | $0.24 | — | ||
| Q2 25 | $0.29 | $0.12 | ||
| Q1 25 | $0.50 | $-0.28 | ||
| Q4 24 | $0.44 | $-4.82 | ||
| Q3 24 | $0.55 | $-2.46 | ||
| Q2 24 | $0.56 | $0.33 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $30.5B | $3.6M |
| 总债务越低越好 | $41.7B | $781.6M |
| 股东权益账面价值 | $32.2B | $-489.9M |
| 总资产 | $99.4B | $649.4M |
| 负债/权益比越低杠杆越低 | 1.30× | — |
8季度趋势，按日历期对齐
现金及短期投资JDLESL
| Q1 26 | — | $3.6M | ||
| Q4 25 | $30.5B | $64.3M | ||
| Q3 25 | $27.9B | — | ||
| Q2 25 | $29.9B | $42.7M | ||
| Q1 25 | $26.8B | $17.3M | ||
| Q4 24 | $32.1B | $11.6M | ||
| Q3 24 | $27.2B | $108.5M | ||
| Q2 24 | $27.8B | $74.4M |
总债务JDLESL
| Q1 26 | — | $781.6M | ||
| Q4 25 | $41.7B | $756.6M | ||
| Q3 25 | $8.4B | — | ||
| Q2 25 | $7.9B | $776.6M | ||
| Q1 25 | $7.8B | $858.1M | ||
| Q4 24 | $31.7B | $796.6M | ||
| Q3 24 | $7.7B | $783.7M | ||
| Q2 24 | $7.8B | $783.7M |
股东权益JDLESL
| Q1 26 | — | $-489.9M | ||
| Q4 25 | $32.2B | $-408.0M | ||
| Q3 25 | $42.8B | — | ||
| Q2 25 | $41.5B | $-246.2M | ||
| Q1 25 | $42.5B | $-269.5M | ||
| Q4 24 | $32.8B | $-220.0M | ||
| Q3 24 | $42.2B | $-177.1M | ||
| Q2 24 | $39.5B | $-168.2M |
总资产JDLESL
| Q1 26 | — | $649.4M | ||
| Q4 25 | $99.4B | $741.5M | ||
| Q3 25 | $100.2B | — | ||
| Q2 25 | $98.7B | $989.5M | ||
| Q1 25 | $93.4B | $1.0B | ||
| Q4 24 | $95.7B | $967.0M | ||
| Q3 24 | $91.7B | $1.1B | ||
| Q2 24 | $89.7B | $1.1B |
负债/权益比JDLESL
| Q1 26 | — | — | ||
| Q4 25 | 1.30× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.18× | — | ||
| Q4 24 | 0.97× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | 0.20× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $3.0B | $-81.1M |
| 自由现金流经营现金流 - 资本支出 | $2.7B | $-85.5M |
| 自由现金流率自由现金流/营收 | 5.0% | -58.1% |
| 资本支出强度资本支出/营收 | 0.5% | 2.9% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $2.2B | $7.6M |
8季度趋势，按日历期对齐
经营现金流JDLESL
| Q1 26 | — | $-81.1M | ||
| Q4 25 | $3.0B | $48.2M | ||
| Q3 25 | $-1.1B | — | ||
| Q2 25 | $3.4B | $114.9M | ||
| Q1 25 | $-2.5B | $-49.2M | ||
| Q4 24 | $3.4B | $-105.1M | ||
| Q3 24 | $-886.0M | $47.1M | ||
| Q2 24 | $7.0B | $175.5M |
自由现金流JDLESL
| Q1 26 | — | $-85.5M | ||
| Q4 25 | $2.7B | $41.8M | ||
| Q3 25 | $-1.1B | — | ||
| Q2 25 | $3.3B | $107.1M | ||
| Q1 25 | $-2.6B | $-55.8M | ||
| Q4 24 | $3.3B | $-109.8M | ||
| Q3 24 | $-1.4B | $34.1M | ||
| Q2 24 | $6.8B | $165.2M |
自由现金流率JDLESL
| Q1 26 | — | -58.1% | ||
| Q4 25 | 5.0% | 10.7% | ||
| Q3 25 | -2.7% | — | ||
| Q2 25 | 6.5% | 21.4% | ||
| Q1 25 | -6.4% | -31.5% | ||
| Q4 24 | 6.9% | -62.6% | ||
| Q3 24 | -3.7% | 8.6% | ||
| Q2 24 | 16.9% | 29.0% |
资本支出强度JDLESL
| Q1 26 | — | 2.9% | ||
| Q4 25 | 0.5% | 1.7% | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.3% | 1.6% | ||
| Q1 25 | 0.3% | 3.7% | ||
| Q4 24 | 0.2% | 2.7% | ||
| Q3 24 | 1.3% | 3.2% | ||
| Q2 24 | 0.5% | 1.8% |
现金转化率JDLESL
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -1.26× | — | ||
| Q2 25 | 3.64× | 5.29× | ||
| Q1 25 | -1.62× | — | ||
| Q4 24 | 2.18× | — | ||
| Q3 24 | -0.48× | — | ||
| Q2 24 | 3.73× | 2.89× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
JD
| JD Retail | $43.2B | 80% |
| JD Logistics | $9.1B | 17% |
| New Businesses | $2.0B | 4% |
LESL
暂无分部数据
