tiprankstipranks
Trending News
More News >
JD Logistics, Inc. (HK:2618)
:2618
Hong Kong Market

JD Logistics, Inc. (2618) AI Stock Analysis

Compare
13 Followers

Top Page

HK

JD Logistics, Inc.

(2618)

Rating:77Outperform
Price Target:
HK$15.00
▲(15.38%Upside)
JD Logistics is well-positioned with strong financial performance and positive technical indicators. The company's robust cash flow and improved profitability contribute significantly to the score. While the valuation is reasonable, the absence of dividend yield and room for profitability enhancement slightly temper the outlook.
Positive Factors
Earnings
Record-high quarterly earnings with significant margin expansion.
Strategic Partnerships
Impact from cooperation with Alibaba’s Taobao and Tmall to help drive revenue growth, supporting profitability expansion with enhanced scale.
Negative Factors
Market Competition
Intense market competition, weaker-than-expected logistics demand.

JD Logistics, Inc. (2618) vs. iShares MSCI Hong Kong ETF (EWH)

JD Logistics, Inc. Business Overview & Revenue Model

Company DescriptionJD Logistics Inc., an investment holding company, provides supply chain solutions and logistics services in the People's Republic of China. The company offers warehousing and distribution, express and freight delivery; bulky item, cold chain, and cross-border logistics; and domestic and international transportation and delivery services. It also provides value-added services, such as installment, after-sales and maintenance, logistics technology, and advertising services. The company serves fast-moving consumer goods, home appliances and home furniture, apparel, 3C, automotive, and fresh produce industries. JD Logistics Inc. was incorporated in 2021 and is based in Beijing, the People's Republic of China.
How the Company Makes MoneyJD Logistics, Inc. generates revenue through multiple streams, primarily by offering its logistics and supply chain management services. The company earns income from its core services such as warehousing and distribution, transportation, and delivery services. Additionally, JD Logistics partners with third-party businesses, providing integrated logistics solutions that are tailored to specific industry needs. Its advanced technology platforms enable optimized route planning and inventory management, which are critical to its operations. The company also benefits from its strategic relationship with JD.com, contributing to a substantial portion of its logistics service revenue, while continuously expanding its customer base across various industries.

JD Logistics, Inc. Financial Statement Overview

Summary
JD Logistics has shown robust revenue growth and improved profit margins, turning net income positive. The balance sheet indicates reduced leverage and a stronger equity base, while cash flow generation is strong, underscoring liquidity and operational efficiency.
Income Statement
75
Positive
JD Logistics has shown robust revenue growth from 2019 to 2024, with a significant increase in gross profit margins over the years. The gross profit margin improved from 6.9% in 2019 to 10.2% in 2024. Net income has turned positive, showcasing improved profitability, particularly with a net profit margin of 3.4% in 2024 from negative figures in previous years. EBIT and EBITDA margins have also shown substantial improvement, indicating enhanced operational efficiency. However, the overall net profit margin remains relatively low, hinting at room for profitability enhancement.
Balance Sheet
70
Positive
The balance sheet of JD Logistics demonstrates a stable increase in stockholders' equity, reaching HK$55.3 billion in 2024. The debt-to-equity ratio has decreased over the years, reflecting reduced leverage. The equity ratio improved, indicating a stronger equity base relative to total assets. Return on equity was robust at 11.2% in 2024, marking a turnaround from prior losses. Despite these positive trends, the company still faces moderate leverage, as seen in its debt levels, suggesting potential financial risk.
Cash Flow
80
Positive
JD Logistics has exhibited strong cash flow generation, with operating cash flow significantly increasing over the years. The free cash flow in 2024 was HK$16.5 billion, reflecting strong cash generation capabilities. The operating cash flow to net income ratio is favorable, indicating efficient conversion of profits into cash. Additionally, the free cash flow to net income ratio highlights the company’s ability to generate cash beyond its net earnings. The consistent growth in free cash flow signals a solid cash position.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue182.84B166.62B137.40B104.69B73.37B
Gross Profit18.70B12.68B10.10B5.78B6.29B
EBITDA11.07B14.97B10.08B-7.12B1.59B
Net Income6.20B616.19M-1.09B-15.66B-4.04B
Balance Sheet
Total Assets117.87B112.90B106.70B76.80B54.72B
Cash, Cash Equivalents and Short-Term Investments43.14B33.07B35.43B28.91B10.88B
Total Debt23.17B27.25B23.88B15.28B12.77B
Total Liabilities54.90B57.53B53.49B36.41B57.62B
Stockholders Equity55.32B48.16B46.58B37.94B-5.14B
Cash Flow
Free Cash Flow15.17B10.87B8.31B1.97B6.98B
Operating Cash Flow20.79B16.35B13.31B6.21B10.20B
Investing Cash Flow-840.45M-15.10B-13.11B-11.12B-8.77B
Financing Cash Flow-11.49B-5.55B1.48B16.60B-3.73B

JD Logistics, Inc. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price13.00
Price Trends
50DMA
12.19
Positive
100DMA
12.75
Positive
200DMA
13.12
Positive
Market Momentum
MACD
0.24
Negative
RSI
60.36
Neutral
STOCH
79.12
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2618, the sentiment is Positive. The current price of 13 is above the 20-day moving average (MA) of 12.46, above the 50-day MA of 12.19, and below the 200-day MA of 13.12, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 60.36 is Neutral, neither overbought nor oversold. The STOCH value of 79.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2618.

JD Logistics, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
HK$87.36B12.5112.01%7.77%1079.57%
65
Neutral
$10.69B15.755.51%1.90%2.72%-26.43%
$1.78B8.318.04%4.21%
$4.66B7.089.59%7.81%
81
Outperform
HK$110.92B11.5115.67%3.85%12.94%9.55%
67
Neutral
HK$5.30B12.3430.13%4.76%53.93%218.84%
64
Neutral
HK$60.85B80.143.61%15.55%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2618
JD Logistics, Inc.
13.14
4.52
52.44%
KRRYF
Kerry Logistics Network
0.91
-0.84
-48.00%
SNOTF
Sinotrans
0.52
0.07
15.56%
HK:2057
ZTO Express (Cayman), Inc. Class A
143.10
-8.72
-5.74%
HK:2490
LC Logistics, Inc
18.22
-11.79
-39.29%
HK:1519
J&T Global Express Limited
7.29
-0.22
-2.93%

JD Logistics, Inc. Corporate Events

JD Logistics Grants Over 9 Million Shares to Employees
Jul 1, 2025

JD Logistics, Inc. announced the grant of 9,361,882 Award Shares to its employees under the Post-IPO Share Award Scheme, representing about 0.14% of the total issued shares. This initiative is designed to incentivize employees, with shares vesting over various periods up to four years. The scheme includes a clawback mechanism to protect the company’s interests, ensuring that shares can be forfeited under specific circumstances such as employment termination or criminal convictions.

The most recent analyst rating on (HK:2618) stock is a Hold with a HK$9.40 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.

JD Logistics Expands into Food Delivery with New Recruitment Drive
Jun 24, 2025

JD Logistics, Inc. has announced its entry into the food delivery sector by recruiting full-time riders for JD Food Delivery, a subsidiary of JD.com. This strategic move is expected to enhance JD Logistics’ service offerings and create synergies with its existing delivery operations, potentially improving operational efficiency and strengthening its market position.

The most recent analyst rating on (HK:2618) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.

JD Logistics Announces Successful AGM Resolutions
Jun 20, 2025

JD Logistics, Inc. announced that all proposed resolutions at its Annual General Meeting on June 20, 2025, were passed by shareholders. This includes the re-election of several directors and the authorization for the board to fix directors’ remuneration and reappoint Deloitte Touche Tohmatsu as the company’s auditor. The approval of these resolutions reflects shareholder confidence in the company’s governance and strategic direction, potentially strengthening its industry position.

The most recent analyst rating on (HK:2618) stock is a Hold with a HK$9.40 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.

JD Logistics Reports Strong Q1 2025 Growth and Expands Global Operations
May 13, 2025

JD Logistics, Inc. reported significant financial growth for the first quarter of 2025, with an 11.5% increase in revenue and an 89.5% rise in profit compared to the previous year. The company has expanded its logistics capabilities by launching its 10th self-operated all-cargo airplane and opening new warehouses in Poland and the Middle East, enhancing its international logistics network. Additionally, JD Express has improved its service efficiency in Hong Kong by introducing automated sorting technology. These developments position JD Logistics as a key player in the global logistics industry, providing high-quality and efficient logistics solutions to its clients.

The most recent analyst rating on (HK:2618) stock is a Hold with a HK$9.40 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.

JD Logistics Announces 2025 Annual General Meeting Agenda
Apr 25, 2025

JD Logistics, Inc. has announced its upcoming annual general meeting scheduled for June 20, 2025, in Beijing, China. Key agenda items include the adoption of the 2024 financial statements, re-election of directors, and reappointment of Deloitte Touche Tohmatsu as the company’s auditor. The meeting will also address the authorization for the board to manage director remuneration and approve the issuance of additional shares, which could impact the company’s capital structure and shareholder value.

JD Logistics Announces Board Meeting to Approve Q1 2025 Results
Apr 25, 2025

JD Logistics, Inc. has announced a board meeting scheduled for May 13, 2025, to approve the company’s unaudited quarterly results for the first quarter of 2025. This meeting and subsequent earnings call reflect the company’s ongoing commitment to transparency and stakeholder engagement, potentially impacting its market positioning and investor relations.

JD Logistics Reports Strong Financial Growth for Deppon Logistics in 2024
Apr 24, 2025

JD Logistics, Inc. announced key financial results for its subsidiary, Deppon Logistics Co., Ltd., for the year ended December 31, 2024. Deppon reported a revenue increase of 11.26% to RMB 40.36 billion and a 15.41% rise in net profit attributable to shareholders, reaching RMB 860.60 million. The financial performance highlights Deppon’s growth trajectory and improved profitability, which could enhance JD Logistics’ position in the logistics industry and provide positive implications for shareholders and investors.

JD Logistics Reports Deppon Subsidiary’s Q1 2025 Financial Downturn
Apr 24, 2025

JD Logistics, Inc. announced key financial results for its subsidiary, Deppon Logistics Co., Ltd., for the first quarter of 2025. Deppon reported a significant downturn, with a net loss of RMB 68.38 million compared to a profit of RMB 92.79 million in the same period last year. This shift from profit to loss was also reflected in its basic and diluted earnings per share, which fell from RMB 0.09 to a loss of RMB 0.07. The results indicate a challenging period for Deppon, impacting JD Logistics’ overall financial performance and potentially affecting stakeholder confidence.

JD Logistics Approves Key Resolutions at Extraordinary General Meeting
Apr 8, 2025

JD Logistics, Inc. announced that all proposed resolutions at their Extraordinary General Meeting held on April 8, 2025, were approved by shareholders. This includes the ratification of an equity transfer agreement involving Suqian Jingdong Bohai Enterprise Management Co., Ltd. and other entities. The approval of these resolutions is expected to strengthen JD Logistics’ strategic operations and potentially enhance its market positioning.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 26, 2025