Потому что инвестинг даёт кривые цифры часто.

JD.com press release (NASDAQ:JD): Q1 Non-GAAP EPADS of $0.40 beats by $0.16. Revenue of $37.8B (+18.0% Y/Y) beats by $3.06B. Non-GAAP income from operations increased by 32.8% Y/Y to $0.7B for the first quarter of 2022. Non-GAAP EBITDA increased by 22.8% Y/Y to $1.0B for the first quarter of 2022. Annual active customer accounts increased by 16.2% to 580.5M in the twelve months ended March 31, 2022 from 499.8M in the twelve months ended March 31, 2021.