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JD Logistics Grows Revenue on Supply Chain Expansion but Faces Margin Pressure in 2025

Story Highlights
  • JD Logistics grew 2025 revenue 18.8% to RMB217.1 billion, but profits and margins slipped slightly amid ongoing expansion.
  • The company expanded its warehouse and last-mile network, boosting external integrated supply chain revenue and customers while withholding a final dividend.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JD Logistics Grows Revenue on Supply Chain Expansion but Faces Margin Pressure in 2025

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JD Logistics, Inc. ( (HK:2618) ) has provided an announcement.

JD Logistics reported 2025 revenue of RMB217.1 billion, up 18.8% year-on-year, with gross profit rising 5.7%, while profit for the year declined 2.8% and margins compressed, reflecting higher costs amid expansion. The company expanded its nationwide and global warehouse footprint, completed the integration of its on-demand delivery business to strengthen last-mile capabilities, and grew revenue from external integrated supply chain customers by 11.2% as their number increased to 91,161, underscoring its push to deepen market penetration and enhance end-to-end service competitiveness without declaring a final dividend.

The most recent analyst rating on (HK:2618) stock is a Buy with a HK$12.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.

More about JD Logistics, Inc.

JD Logistics, Inc. is a China-based logistics and supply chain solutions provider under JD Group, specializing in integrated warehousing, transportation, and last-mile delivery services. The company operates more than 1,600 warehouses with over 34 million square meters of gross floor area, serving both JD Group and a growing base of external integrated supply chain customers in domestic and overseas markets.

Average Trading Volume: 8,862,449

Technical Sentiment Signal: Sell

Current Market Cap: HK$71.29B

For an in-depth examination of 2618 stock, go to TipRanks’ Overview page.

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