京东披露2025年财报:大摩的“凛冬”预言,逐渐得到验证?

尔尔财经
Mar 08

这一份财报,正在检验摩根士丹利的“眼光”。2026年3月5日晚间,京东(09618.HK;JD.NASDAQ)公布2025年第四季度及2025年全年业绩报告,京东2025年全年收入1.31万亿元,上一年为1.16万亿元,同比增长12.97%;归母净利润196亿元,上一年为414亿元,同比减少218亿元,减少52.66%。此前,摩根士丹利发布了两篇针对京东的看空报告。2025年11月9日,摩根士丹利...

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