COMP <GO>

JD vs V // DIVIDEND YIELD & FCF PAYOUT SAFETY

JD.com Inc. (NASDAQ) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: JD 4 — V 11

▲ DIVIDEND YIELD & FCF PAYOUT SAFETY LEADER: JD

LAST: $25.68 (+0.20%) • MKT CAP: $34.45B

dividend-safety

4.31%

LAST: $413.59 (+0.74%) • MKT CAP: $733.53B

dividend-safety

0.63%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (JD VS. V) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	JD	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	16.00%	41.00%	-25.00	V	/gross-margins <GO>
Return on Invested Capital (ROIC)	0.90%	32.30%	-31.40	V	/roic <GO>
EV/EBITDA & P/E Valuation	5.1x	28.9x	-23.80	JD	/valuation <GO>
Free Cash Flow Yield	-16.57%	2.90%	-19.47	V	/fcf-yield <GO>
Operating Margin	0.20%	60.00%	-59.80	V	/operating-margins <GO>
Net Profit Margin	0.20%	50.10%	-49.90	V	/net-margins <GO>
Revenue Growth (YoY)	17.90%	11.30%	+6.60	JD	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety ACTIVE	4.31%	0.63%	+3.68	JD	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	2.55	9.09	-6.54	V	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	9/9	-3.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.50%	7.10%	-0.60	JD	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	40.0	69.4	-29.49	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.88	1.06	-0.18	V	/macro-sensitivity <GO>
Forward P/E Multiple	93.4x	34.0x	+59.40	V	/forward-pe <GO>
Enterprise Scale & Market Cap	$34.45B	$733.53B	-$699.09B	V	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	JD REV	V REV	JD GROSS %	V GROSS %	JD FCF	V FCF
FY 2025	$187.20B	$40.00B	16.0%	44.0%	-$5.71B	$21.26B
FY 2024	$158.76B	$35.93B	15.9%	44.0%	$814.9M	$18.33B
FY 2023	$152.77B	$32.65B	44.0%	44.0%	$1.51B	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

JD // BETA 0.88

V // BETA 1.06