- JD.com’s net revenue for the first quarter stands at 260.05 billion yuan. This is a 7% increase year on year which meets the estimated revenue of 258.35 billion yuan.
- The adjusted earnings per American depositary receipts increased from 4.76 yuan the previous year to 5.65 yuan, surpassing the estimate of 4.67 yuan.
- Fulfillment expense has also risen by 9.1% from the previous year, reaching 16.8 billion yuan. This expense was estimated to be 16.11 billion yuan.
- JD.com’s Adjusted Ebitda is 10.79 billion yuan, which shows a 14% increase year on year and is higher than the estimated 9.5 billion yuan.
- The adjusted operating margin of the company is standing at 3.4% towards the end of the first quarter, when compared with 3.2% of the previous year. This increase surpasses the estimate margin of 3%.
- The adjusted Ebitda margin has increased to 4.1% from last year’s 3.9%.
- The company’s shares witnessed a rise by 3.5% in pre-market trading, valuing the share at $34.80. During this, 86,351 shares were traded.
- The current standing for the company stock is 34 buys, 11 holds, and 0 sells.
JD.com Inc (ADR) on Smartkarma
JD.com Inc Analyst Coverage on Smartkarma
On Smartkarma, a hub for independent investment research, several analysts have provided their insights on JD.com Inc (ADR). Douglas Busch, in his report titled “International Automobile Analysis,” discusses the resilience of China’s markets and its potential impact on the global economy. Ming Lu highlights the surge in JD.com’s stock price post-4Q23 results and share repurchase decision, while Steve Zhou, CFA, emphasizes the improved shareholder return of JD.com based on strong 4Q23 results. Despite this bullish sentiment, Brian Freitas takes a bearish stance, discussing the changes and potential impact of the NASDAQ 100 Index rebalance.
Additionally, Eric Wen presents a two-scenario outlook in the “[Blue Lotus Sector Update]” report, where JD.com is recommended as a low-risk high-conviction idea for 2024. Through these analyst coverages, investors can gain valuable insights into JD.com’s performance, market trends, and potential investment opportunities, aiding them in making informed decisions in the ever-evolving world of finance.
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 poised for a promising long-term outlook based on its Smartkarma Smart Scores. With a high score of 5 in Resilience and Momentum, JD.com demonstrates a strong ability to withstand market challenges and maintain positive growth momentum. Additionally, the company scores well in both Value and Dividend, with scores of 4 each, indicating a solid financial position and investor-friendly policies. Although Growth scored a 3, the overall outlook remains positive for JD.com.
JD.com Inc is a leading online direct sales company in China, offering a diverse range of products through its e-commerce platform. Specializing in appliances, computers, digital products, clothing, books, and more, JD.com serves both consumers and vendors with a convenient and extensive selection. With its impressive Smartkarma Smart Scores highlighting strengths in resilience, momentum, value, and dividends, JD.com is positioned for sustained success in the competitive e-commerce market.
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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