- JD Logistics reported a third-quarter revenue of 44.40 billion yuan, slightly above the estimated 44.18 billion yuan.
- Research and development expenses were 912.7 million yuan, marginally less than the expected 914.6 million yuan.
- Selling and marketing expenses reached 1.39 billion yuan, which is lower than the estimated 1.52 billion yuan.
- General and administrative expenses amounted to 855.6 million yuan, closely aligning with the estimated 857.2 million yuan.
- Analyst recommendations for the company include 21 buy ratings, 1 hold, and 1 sell.
JD Logistics on Smartkarma
Analysts on Smartkarma have provided positive coverage of JD Logistics (2618 HK). Osbert Tang, CFA, in the report “JD Logistics (2618 HK): There Are More Rooms,” highlighted the company’s improved story, ongoing margin expansion due to cost control measures, and lower reliance on JD.com. Despite a 28% share price surge, Tang believes JD Logistics still presents an opportunity for investors due to its strong fundamentals and potential upside in consensus forecasts.
Janaghan Jeyakumar, CFA, shared insights in the report “Quiddity Leaderboard HSCEI Sep 24: Final Ranks and Updated Flow Expectations,” focusing on the performance of the HSCEI benchmark reflecting the top 50 Mainland China securities listed in Hong Kong. Jeyakumar’s analysis suggests that avoiding standard LONG-SHORT trades based on expected ADDs and DELs could have helped investors avoid losses. The report provides updated flow estimates based on changing pro-forma post-rebalance weights with share prices.
A look at JD Logistics Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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
Based on Smartkarma Smart Scores, JD Logistics shows a positive long-term outlook supported by high scores in Growth and Momentum. With a score of 5 in Growth, the company is likely to expand and develop its services and operations effectively over time. Additionally, a Momentum score of 5 indicates strong upward trends and market performance for JD Logistics. These factors suggest a promising future for the company in the logistics sector.
While Value and Resilience scores are also commendable at 4 each, the lower Dividend score of 1 may not appeal to income-seeking investors. Overall, JD Logistics, a China-based logistics company offering various services like cargo transportation and warehousing, displays robust potential for growth and market performance 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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