- Net Revenue: 291.40 billion yuan, a 1.2% increase year-over-year (YoY), meeting the estimate of 290.51 billion yuan.
- Adjusted Earnings per American Depositary Receipt (ADR): 9.36 yuan, up from 5.39 yuan YoY, surpassing the estimate of 6.21 yuan.
- Fulfillment Expense: 17.2 billion yuan, a 3% increase YoY, slightly below the estimate of 17.27 billion yuan.
- Adjusted EBITDA: 13.53 billion yuan, a 30% increase YoY, exceeding the estimate of 11.69 billion yuan.
- Adjusted Operating Margin: Improved to 4% from 3% YoY, beating the estimate of 3.43%.
- Adjusted EBITDA Margin: Rose to 4.6% from 3.6% YoY.
- Market Reaction: Shares rose 4.4% in pre-market trading to $27.05 with 67,392 shares traded.
- Analyst Ratings: 37 buys, 9 holds, and 0 sells.
JD.com Inc (ADR) on Smartkarma
Analyst coverage of JD.com Inc (ADR) on Smartkarma reveals a mix of positive sentiments from top independent analysts. Eric Wen discusses weak consumer spending during the Dragon Boat Holiday, indicating low consumer confidence affecting consumption for the year. In contrast, Douglas Busch highlights the resilience of China markets, suggesting positive signs for the global economy, with updated insights on JD.com’s general status contributing positively.
Moreover, Ming Lu notes JD.com’s stock surge post 4Q23 results and repurchase decision, while Steve Zhou, CFA, emphasizes JD.com’s improved shareholder return as a key factor following better-than-expected 4Q23 results. This confluence of insights from analysts like Wen, Busch, Lu, and Zhou provides a comprehensive view of JD.com Inc (ADR)‘s performance and market outlook.
A look at JD.com Inc (ADR) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
JD.com Inc (ADR) is positioned for a promising long-term outlook, as indicated by the Smartkarma Smart Scores. With a strong score of 4 in both Value and Dividend, the company demonstrates solid financial health and a commitment to rewarding shareholders. Additionally, scoring a 3 in Growth, JD.com Inc shows potential for expansion and development in the future. Impressing with top marks in Resilience and Momentum, at 5 each, JD.com Inc exhibits a robust ability to withstand market fluctuations and sustain a positive trajectory in its performance.
JD.com Inc is an influential online direct sales company operating in China, renowned for its broad array of products available through its user-friendly website and mobile applications. Specializing in categories such as appliances, computers, digital products, garments, books, and household items, JD.com serves both consumers and vendors, cementing its position as a key player in the e-commerce sector with promising growth prospects backed by its impressive Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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