Earnings Alerts

JD Health International (6618) Earnings: Analyzing 1Q Revenue Decline and Operational Performance

  • JD Health’s revenue for the first quarter is reported at 13.27 billion yuan.
  • This represents a decrease of 4.9% year over year, down from 13.95 billion yuan reported in the previous year.
  • The unaudited operating income for the first quarter amounted to 487 million yuan.
  • This constitutes a significant decrease of 38.7% year over year.
  • The non-IFRS operating income for the first quarter was reported at 754 million yuan.
  • This is also a decrease of 34.8% year over year.
  • Current expert recommendations on JD Health’s performance include 19 buys, 3 holds and 1 sell.
  • All comparisons to past results are based on values reported directly from JD Health’s original disclosures.

JD Health International on Smartkarma

Analyst coverage of JD Health International on Smartkarma indicates varying sentiments. Xinyao (Criss) Wang‘s report titled “JD Health (6618.HK) 23Q3 – Performance Decline Is Inevitable, but There Is Upside Room for Valuation” suggests that while JD Health’s 23H2 results may disappoint, the stock price already reflects this, potentially offering room for valuation improvement. Wang notes that revenue growth may turn negative in 23Q4 due to high comparables from 22H2, impacting full-year performance until 24H1.

On the other hand, Eric Wen‘s report, “[JD Health (6618 HK, BUY, TP HK$52) TP Change]: A COVID Hiccup but Environment Is Turning Positive,” acknowledges lower-than-expected Q3 results for JDH but maintains a buy rating based on future growth prospects. Wen highlights reductions in profit estimates and target price due to the results but remains optimistic about JD Health’s potential, indicating a positive shift in the operating environment despite short-term challenges.


A look at JD Health International Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience5
Momentum2
OVERALL SMART SCORE3.4

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 Health International looks promising for long-term investors based on its overall Smart Score analysis. The company stands out with top scores in Growth and Resilience, indicating strong potential for expanding its market share and adeptness in navigating economic challenges. While the Value score is also commendable, reflecting a solid investment proposition, the low Dividend score might deter income-focused investors. Momentum, on the other hand, is moderate, suggesting a steady but not explosive stock performance in the near future.

Established as a drug store operator, JD Health International is positioned as a key player in China’s retail pharmaceutical industry. Offering a wide range of Chinese and Western medicines, nutrition products, and healthcare items, the company caters to the diverse needs of consumers across the country. With its robust presence and product offerings in the Chinese market, JD Health International has been able to deliver impressive Growth and Resilience scores, underlining its capacity for sustained success in the long run.


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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