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JD Logistics, Inc.
(2618)
JD Logistics, Inc. (2618) vs. iShares MSCI Hong Kong ETF (EWH)
JD Logistics, Inc. Business Overview & Revenue Model
JD Logistics, Inc. Earnings Call Summary
JD Logistics, Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 195.02B | 182.84B | 166.62B | 137.40B | 104.69B | 73.37B |
| Gross Profit | 19.08B | 18.70B | 12.68B | 10.10B | 5.78B | 6.29B |
| EBITDA | 10.80B | 11.07B | 14.97B | 10.08B | -7.12B | 1.59B |
| Net Income | 6.51B | 6.20B | 616.19M | -1.40B | -15.84B | -4.13B |
Balance Sheet | ||||||
| Total Assets | 118.91B | 117.87B | 112.90B | 106.70B | 76.80B | 54.72B |
| Cash, Cash Equivalents and Short-Term Investments | 31.17B | 43.14B | 33.07B | 35.43B | 28.91B | 10.88B |
| Total Debt | 23.68B | 23.17B | 27.25B | 23.88B | 15.28B | 34.69B |
| Total Liabilities | 59.82B | 54.90B | 57.53B | 53.49B | 36.41B | 57.62B |
| Stockholders Equity | 53.83B | 55.32B | 48.16B | 46.58B | 37.94B | -5.14B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 15.17B | 10.87B | 8.31B | 1.97B | 6.98B |
| Operating Cash Flow | 0.00 | 20.79B | 16.35B | 13.31B | 6.21B | 10.20B |
| Investing Cash Flow | 0.00 | -840.45M | -15.10B | -13.11B | -11.12B | -8.77B |
| Financing Cash Flow | 0.00 | -11.49B | -5.55B | 1.48B | 16.60B | -3.73B |
JD Logistics, Inc. Technical Analysis
JD Logistics, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$77.22B | 10.68 | 12.40% | ― | 11.05% | 81.01% | |
72 Outperform | HK$133.72B | 14.77 | 13.87% | 3.05% | 12.64% | 2.90% | |
66 Neutral | HK$2.91B | 5.40 | 37.50% | 8.25% | 56.58% | 1963.38% | |
64 Neutral | HK$45.60B | 8.87 | 9.44% | 6.39% | -17.69% | -3.38% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | HK$107.73B | 84.99 | 5.53% | ― | 12.14% | ― | |
54 Neutral | HK$13.25B | 9.72 | 8.51% | 3.55% | 26.36% | -18.67% |
JD Logistics, Inc. Corporate Events
JD Logistics has strengthened its board by appointing veteran aviation and technology executive Laura J. Peterson as an independent non-executive director, effective 29 December 2025, bringing decades of experience from senior roles at Boeing and board positions at several U.S.-listed companies. In conjunction with her appointment, the company has reshuffled key board committees, adding Peterson to the board while moving Nora Gu Yi Wu from the Remuneration Committee to the Nomination Committee, appointing Yi Hoi Tang to the Remuneration Committee, and accepting Lin Ye’s resignation from the Nomination Committee, in a move that signals ongoing refinement of its corporate governance structure and oversight.
The most recent analyst rating on (HK:2618) stock is a Buy with a HK$14.50 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. has announced the current composition of its board of directors, which includes one executive director serving as chief executive officer, one non-executive director serving as chairman, and a slate of independent non-executive directors. The company also detailed the structure and membership of its three key board committees—Audit, Remuneration, and Nomination—assigning chairperson roles and committee memberships among the independent directors and chairman, underscoring its corporate governance framework and oversight arrangements for stakeholders.
The most recent analyst rating on (HK:2618) stock is a Buy with a HK$14.50 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. announced that during its Extraordinary General Meeting held on November 21, 2025, the shareholders approved the Supply Chain Solutions and Logistics Services Supplemental Agreement with JD.com. This agreement, which includes revised annual caps for the next two years, aims to enhance the company’s logistics services framework. The resolution was passed with a significant majority, indicating strong shareholder support for the company’s strategic direction in strengthening its relationship with JD.com.
The most recent analyst rating on (HK:2618) stock is a Buy with a HK$14.50 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. reported a 24.1% increase in revenue for the third quarter of 2025, despite a decline in gross profit and profit before income tax. The company is expanding its integrated supply chain solutions, with significant growth in revenue from these services, particularly in the home appliance industry. JD Logistics is also actively expanding its overseas operations, providing logistics solutions in the Middle East and enhancing its air cargo network in the Asia-Pacific region, which strengthens its cross-border logistics capabilities.
The most recent analyst rating on (HK:2618) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. announced a change in its executive leadership, with Mr. Wei Hu resigning as CEO and Mr. Zhenhui Wang appointed as his successor, effective November 13, 2025. This leadership transition is expected to bring Mr. Wang’s extensive experience in logistics and business operations to the forefront, potentially impacting the company’s strategic direction and operational efficiency.
The most recent analyst rating on (HK:2618) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. has announced the composition of its board of directors, highlighting the roles and functions of each member. The board includes a mix of executive, non-executive, and independent non-executive directors, with committees focusing on audit, remuneration, and nomination. This announcement underscores the company’s commitment to robust governance and strategic oversight, which is crucial for maintaining its competitive edge in the logistics industry.
The most recent analyst rating on (HK:2618) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. has announced an extraordinary general meeting to consider approving a supplemental agreement with JD.com, which revises the annual caps for their supply chain solutions and logistics services for the next two years. This move is expected to strengthen JD Logistics’ operational ties with JD.com, potentially enhancing its market position and operational efficiency within the logistics industry.
The most recent analyst rating on (HK:2618) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. announced key financial information for its subsidiary, Deppon Logistics Co., Ltd., for the third quarter of 2025. Deppon reported a revenue of RMB 9.7 billion for the quarter, a slight decrease from the previous year, and a net loss attributable to shareholders of RMB 329 million, reflecting a significant increase in losses compared to the previous year. Despite the operational challenges, Deppon generated a net cash flow from operating activities of RMB 1.79 billion for the nine months ended September 30, 2025, though this marked a decrease of 22.15% from the previous year. The financial results highlight ongoing challenges in the logistics sector and may impact JD Logistics’ market positioning and stakeholder confidence.
The most recent analyst rating on (HK:2618) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. has announced that its board of directors will meet on November 13, 2025, to approve the unaudited quarterly results for the period ending September 30, 2025. This meeting signifies an important step in the company’s financial reporting process, potentially impacting its operational transparency and stakeholder confidence.
The most recent analyst rating on (HK:2618) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. has announced a revision of pricing policies and an increase in annual caps for its Supply Chain Solutions and Logistics Services Framework Agreement with JD.com. This adjustment is in response to the anticipated growth in business needs from the JD Group, necessitating a higher capacity for integrated supply chain solutions and logistics services. The revised agreement, which involves continuing connected transactions due to JD.com’s significant shareholding, requires approval from independent shareholders and compliance with listing rules. An Extraordinary General Meeting (EGM) will be convened for this purpose, with JD.com abstaining from the vote.
The most recent analyst rating on (HK:2618) stock is a Hold with a HK$14.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. announced amendments to its Procurement Framework Agreement with JD.com, reflecting increased demand from JD Group and its associates. The company has revised its annual caps significantly for the years 2025 and 2026, indicating a strategic move to accommodate the growing procurement needs. These changes, while subject to reporting and review requirements, do not require independent shareholders’ approval, suggesting a streamlined process for implementation. This development underscores JD Logistics’ proactive approach to scaling its operations and enhancing its market positioning in the logistics sector.
The most recent analyst rating on (HK:2618) stock is a Hold with a HK$14.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. announced the acquisition of JD.com’s local on-demand delivery services business for approximately US$270 million. This strategic move, involving the transfer of Dajiang and Dasheng subsidiaries, aims to enhance JD Logistics’ market position and operational capabilities in the logistics sector. The acquisition, classified as a connected transaction, is subject to certain reporting and review requirements but does not require independent shareholder approval.
The most recent analyst rating on (HK:2618) stock is a Hold with a HK$14.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
JD Logistics, Inc. announced the grant of 1,643,078 share awards to its employees under the Post-IPO Share Award Scheme, representing approximately 0.02% of the total issued shares. This initiative aims to align employee interests with the company’s growth and profitability goals, fostering long-term contributions to the organization’s success. The grants, which have varying vesting periods and no performance targets, include a clawback mechanism to protect the company’s interests in cases of misconduct or employment termination.
The most recent analyst rating on (HK:2618) stock is a Hold with a HK$14.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.