Earnings Alerts

JD Logistics (2618) 1H Earnings: Revenue Hits 86.34B Yuan Amid Robust Spending

  • JD Logistics reported a revenue of 86.34 billion yuan for the first half of 2024.
  • Research and development (R&D) expenses amounted to 1.74 billion yuan.
  • Selling and marketing expenses totaled 2.78 billion yuan.
  • General and administrative expenses stood at 1.66 billion yuan.
  • Analyst ratings include 20 buys, 3 holds, and 0 sells.

JD Logistics on Smartkarma

Analysts on Smartkarma have been closely following JD Logistics, providing valuable insights for investors. Janaghan Jeyakumar, CFA, in his report “Quiddity Leaderboard HSCEI Sep 24”, expressed a bullish sentiment on the company. He highlighted the performance of “Mainland China” securities listed in Hong Kong, indicating that avoiding standard LONG-SHORT trades could have helped avoid losses. Despite unchanged expectations for the September 2024 index rebalance, capping flow estimates continue to evolve based on post-rebalance weights.

Another analyst, Daniel Hellberg, shared bullish views in his report “Analyzing the Roles Parent JD.com & Subsidiary Deppon Played in JD Logistics’ Q423 Results“. He observed JD Logistics’ impressive +10% top-line growth in Q423 and noted significant margin improvements. Hellberg delved into the relationship dynamics between JD Logistics, its parent JD, and investee Deppon Logistics. While acknowledging the company’s growth, he pointed out that JD Logistics does not appear cheap due to its still-low profitability.


A look at JD Logistics Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience4
Momentum3
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 Logistics, Inc. is well-positioned for long-term success, as indicated by its impressive Smartkarma Smart Scores. With a top score of 5 in Growth, the company is expected to experience robust expansion over the coming years. This signifies a positive outlook for JD Logistics in terms of increasing its market presence and potentially enhancing its profitability.

Furthermore, JD Logistics scores highly in Value and Resilience, with scores of 4 in both categories. This suggests that the company offers good value to investors and has the ability to withstand market fluctuations and challenges. Although its Dividend score is lower at 1, the strong performance in other areas indicates that JD Logistics remains a promising investment opportunity in the logistics sector. With its base in China, JD Logistics is poised to capitalize on the growing demand for logistics services in the region.

### JD Logistics, Inc. offers logistics services. The Company provides cargo transportation, cargo distribution, warehousing, and other services. JD Logistics is located in China. ###


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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