vs
京东（JD）与Titan Machinery Inc.（TITN）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Titan Machinery Inc.的83.6倍（$53.9B vs $644.5M）。Titan Machinery Inc.净利率更高（0.2% vs -0.1%，领先0.3%）。京东同比增速更快（12.2% vs -5.2%）。过去两年京东的营收复合增速更高（26.8% vs -13.0%）
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。
泰坦机械是全球规模领先的农业与工程机械设备经销商，也是凯斯纽荷兰工业品牌最大的经销商之一，总部位于北达科他州西法戈，经营网点遍布美国中西部、澳大利亚、奥地利、保加利亚、德国、罗马尼亚及乌克兰，目前在纳斯达克挂牌上市，2023年总营收达22.09亿美元。
JD vs TITN — 直观对比
营收规模更大
JD
是对方的83.6倍
$644.5M
营收增速更快
JD
高出17.4%
-5.2%
净利率更高
TITN
高出0.3%
-0.1%
两年增速更快
JD
近两年复合增速
-13.0%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $53.9B | $644.5M |
| 净利润 | $-78.0M | $1.2M |
| 毛利率 | 14.6% | 17.2% |
| 营业利润率 | -1.5% | 1.6% |
| 净利率 | -0.1% | 0.2% |
| 营收同比 | 12.2% | -5.2% |
| 净利润同比 | -105.0% | -30.1% |
| 每股收益（稀释后） | $-0.15 | $0.05 |
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JDTITN
| Q4 25 | $53.9B | $644.5M | ||
| Q3 25 | $42.0B | $546.4M | ||
| Q2 25 | $49.8B | $594.3M | ||
| Q1 25 | $41.5B | $759.9M | ||
| Q4 24 | $48.0B | $679.8M | ||
| Q3 24 | $37.1B | $633.7M | ||
| Q2 24 | $40.1B | $628.7M | ||
| Q1 24 | $33.5B | $852.1M |
净利润JDTITN
| Q4 25 | $-78.0M | $1.2M | ||
| Q3 25 | $896.0M | $-6.0M | ||
| Q2 25 | $937.0M | $-13.2M | ||
| Q1 25 | $1.6B | $-43.8M | ||
| Q4 24 | $1.6B | $1.7M | ||
| Q3 24 | $1.8B | $-4.3M | ||
| Q2 24 | $1.9B | $9.4M | ||
| Q1 24 | $855.5M | $24.0M |
毛利率JDTITN
| Q4 25 | 14.6% | 17.2% | ||
| Q3 25 | 16.9% | 17.1% | ||
| Q2 25 | 15.9% | 15.3% | ||
| Q1 25 | 15.9% | 6.7% | ||
| Q4 24 | 15.2% | 16.3% | ||
| Q3 24 | 17.3% | 17.7% | ||
| Q2 24 | 15.8% | 19.4% | ||
| Q1 24 | 14.8% | 16.6% |
营业利润率JDTITN
| Q4 25 | -1.5% | 1.6% | ||
| Q3 25 | -0.4% | 0.1% | ||
| Q2 25 | -0.2% | -1.0% | ||
| Q1 25 | 3.5% | -6.0% | ||
| Q4 24 | 2.6% | 1.7% | ||
| Q3 24 | 4.6% | 2.5% | ||
| Q2 24 | 3.6% | 3.6% | ||
| Q1 24 | 2.6% | 4.8% |
净利率JDTITN
| Q4 25 | -0.1% | 0.2% | ||
| Q3 25 | 2.1% | -1.1% | ||
| Q2 25 | 1.9% | -2.2% | ||
| Q1 25 | 3.7% | -5.8% | ||
| Q4 24 | 3.3% | 0.3% | ||
| Q3 24 | 4.9% | -0.7% | ||
| Q2 24 | 4.7% | 1.5% | ||
| Q1 24 | 2.6% | 2.8% |
每股收益（稀释后）JDTITN
| Q4 25 | $-0.15 | $0.05 | ||
| Q3 25 | $0.24 | $-0.26 | ||
| Q2 25 | $0.29 | $-0.58 | ||
| Q1 25 | $0.50 | $-1.92 | ||
| Q4 24 | $0.44 | $0.07 | ||
| Q3 24 | $0.55 | $-0.19 | ||
| Q2 24 | $0.56 | $0.41 | ||
| Q1 24 | — | $1.04 |
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 | — |
| 总债务越低越好 | $41.7B | $176.6M |
| 股东权益账面价值 | $32.2B | $612.6M |
| 总资产 | $99.4B | $1.8B |
| 负债/权益比越低杠杆越低 | 1.30× | 0.29× |
8季度趋势，按日历期对齐
现金及短期投资JDTITN
| Q4 25 | $30.5B | — | ||
| Q3 25 | $27.9B | — | ||
| Q2 25 | $29.9B | — | ||
| Q1 25 | $26.8B | — | ||
| Q4 24 | $32.1B | — | ||
| Q3 24 | $27.2B | — | ||
| Q2 24 | $27.8B | — | ||
| Q1 24 | $3.3B | — |
总债务JDTITN
| Q4 25 | $41.7B | $176.6M | ||
| Q3 25 | $8.4B | $164.5M | ||
| Q2 25 | $7.9B | $165.3M | ||
| Q1 25 | $7.8B | $168.7M | ||
| Q4 24 | $31.7B | $140.6M | ||
| Q3 24 | $7.7B | $126.6M | ||
| Q2 24 | $7.8B | $119.3M | ||
| Q1 24 | $2.1B | $120.1M |
股东权益JDTITN
| Q4 25 | $32.2B | $612.6M | ||
| Q3 25 | $42.8B | $610.3M | ||
| Q2 25 | $41.5B | $605.4M | ||
| Q1 25 | $42.5B | $614.1M | ||
| Q4 24 | $32.8B | $668.2M | ||
| Q3 24 | $42.2B | $659.6M | ||
| Q2 24 | $39.5B | $662.6M | ||
| Q1 24 | $5.5B | $657.6M |
总资产JDTITN
| Q4 25 | $99.4B | $1.8B | ||
| Q3 25 | $100.2B | $1.9B | ||
| Q2 25 | $98.7B | $1.8B | ||
| Q1 25 | $93.4B | $1.8B | ||
| Q4 24 | $95.7B | $2.1B | ||
| Q3 24 | $91.7B | $2.2B | ||
| Q2 24 | $89.7B | $2.1B | ||
| Q1 24 | $11.5B | $2.0B |
负债/权益比JDTITN
| Q4 25 | 1.30× | 0.29× | ||
| Q3 25 | 0.20× | 0.27× | ||
| Q2 25 | 0.19× | 0.27× | ||
| Q1 25 | 0.18× | 0.27× | ||
| Q4 24 | 0.97× | 0.21× | ||
| Q3 24 | 0.18× | 0.19× | ||
| Q2 24 | 0.20× | 0.18× | ||
| Q1 24 | 0.37× | 0.18× |
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 | $34.0M |
| 自由现金流经营现金流 - 资本支出 | $2.7B | — |
| 自由现金流率自由现金流/营收 | 5.0% | — |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 现金转化率经营现金流/净利润 | — | 28.37× |
| 过去12个月自由现金流最近4个季度 | $2.2B | — |
8季度趋势，按日历期对齐
经营现金流JDTITN
| Q4 25 | $3.0B | $34.0M | ||
| Q3 25 | $-1.1B | $43.7M | ||
| Q2 25 | $3.4B | $6.2M | ||
| Q1 25 | $-2.5B | $126.5M | ||
| Q4 24 | $3.4B | $-8.8M | ||
| Q3 24 | $-886.0M | $-15.0M | ||
| Q2 24 | $7.0B | $-32.4M | ||
| Q1 24 | — | $49.8M |
自由现金流JDTITN
| Q4 25 | $2.7B | — | ||
| Q3 25 | $-1.1B | — | ||
| Q2 25 | $3.3B | — | ||
| Q1 25 | $-2.6B | — | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $-1.4B | — | ||
| Q2 24 | $6.8B | — | ||
| Q1 24 | — | — |
自由现金流率JDTITN
| Q4 25 | 5.0% | — | ||
| Q3 25 | -2.7% | — | ||
| Q2 25 | 6.5% | — | ||
| Q1 25 | -6.4% | — | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | -3.7% | — | ||
| Q2 24 | 16.9% | — | ||
| Q1 24 | — | — |
资本支出强度JDTITN
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | — | — |
现金转化率JDTITN
| Q4 25 | — | 28.37× | ||
| Q3 25 | -1.26× | — | ||
| Q2 25 | 3.64× | — | ||
| Q1 25 | -1.62× | — | ||
| Q4 24 | 2.18× | -5.15× | ||
| Q3 24 | -0.48× | — | ||
| Q2 24 | 3.73× | -3.43× | ||
| Q1 24 | — | 2.08× |
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% |
TITN
| Agriculture Segment | $420.9M | 65% |
| Sales Of Parts | $122.3M | 19% |
| Service Sales | $48.9M | 8% |
| Australia_segment | $29.9M | 5% |
| Rental And Other | $13.3M | 2% |
| Rental | $10.3M | 2% |
| Other Revenue | $1.1M | 0% |
