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JD Health International, Inc. (HK:6618)
:6618
Hong Kong Market

JD Health International, Inc. (6618) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 13, 2026
TBA (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
1.31
Last Year’s EPS
0.92
Same Quarter Last Year
Based on 10 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Mar 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented a strongly positive operational and financial performance: double-digit revenue growth (26.3% YoY), materially higher non-IFRS profit growth (36.3% YoY), margin expansion, sizable user additions, heavy investment and traction in AI and product launches, and healthy operating cash flow. Challenges discussed were mostly execution and maturation-related (monetization of AI, rising S&M costs, offline economics, concentration of direct-sales revenue) rather than structural declines. On balance, the positive growth, margin improvements and strategic wins outweigh the cited risks and costs.
Company Guidance
The management guided that JD Health will pursue continued high-quality growth by doubling down on its “super” pharmaceutical supply chain, direct‑sales engine and AI-enabled services while expanding online‑offline integration (no large‑scale M&A; offline/pharmacy expansion to be cautious and step‑by‑step). Key 2025 metrics they cited as the baseline for that guidance include FY revenue RMB73.4 billion (+26.3% YoY) and FY non‑IFRS profit RMB6.5 billion (+36.3%) with a margin of 8.9% (Q4 revenue RMB21.0 billion, +27.4%; Q4 non‑IFRS profit RMB1.1 billion, margin 5%); direct sales RMB60.9 billion (82.9% of revenue, +24.8%), service revenue RMB12.6 billion (17.1% of revenue, +34.1%), gross margin 24.8% (+1.9ppt), fulfillment expense ratio 10.4%, S&M ratio 5.2% (S&M spend +26.9%), R&D ratio 2.2% with 880+ R&D staff, operating cash flow RMB10.2 billion and cash/equivalents and related assets about RMB69.5 billion (net increase ~RMB10.1 billion). They expect AI and new drug launches to be major multi‑year drivers (>100 new drugs launched in 2025 vs ~30 in 2024; DAYVIGO >20,000 launch‑month orders; Dr. Da Wei: hundreds of millions of interactions, 98% satisfaction; JOY DOC: >5 million patients), will scale on‑demand retail and insurance payment (coverage in 29 cities), and will prioritize sustainable margin and user growth (220 million annual active user accounts, +34 million net adds).
Strong Revenue Growth
Full-year 2025 revenue RMB 73.4 billion, up 26.3% year-over-year; Q4 2025 revenue RMB 21.0 billion, up 27.4% year-over-year; achieved >20% YoY revenue growth for four consecutive quarters.
Significant Profitability Improvement
Full-year non-IFRS profit RMB 6.5 billion, up 36.3% year-over-year with a non-IFRS profit margin of 8.9% (highest since IPO); Q4 non-IFRS profit RMB 1.1 billion, up 13.5% YoY with quarter margin of 5%.
Gross Margin Expansion
2025 gross margin 24.8%, up 1.9 percentage points year-over-year, reflecting benefits from direct sales and scale in the super pharmaceutical supply chain.
Direct Sales and Service Mix Strength
Direct sales revenue RMB 60.9 billion, up 24.8% YoY and representing 82.9% of total revenue; service revenue RMB 12.6 billion, up 34.1% YoY and representing 17.1% of total revenue (up 1 ppt).
User Base and Engagement Expansion
Annual active user accounts for the past 12 months ~220 million, net addition of 34 million vs Dec 31, 2024; AI agent Dr. Da Wei completed hundreds of millions of interactions with a reported 98% satisfaction rate.
Product Launch and Go-to-Market Wins
Introduced over 100 new drugs in 2025 (vs 30 in 2024); flagship launch DAYVIGO recorded >20,000 orders in launch month; premium fish oil launch generated ~15 billion impressions on launch date.
Service & Channel Expansion
Expanded online medical insurance payment coverage to 29 key cities; established >300 self-operated pharmacies nationwide; at-home rapid testing order volume increased 81.9% year-over-year.
AI and Clinical Deployments
Scaled AI and clinical solutions: JOY DOC served over 5 million patients across partnering hospitals; launched multiple AI products (AI Jingyi, JOY DOC, AI doctor digital twins) and AI-enabled device integrations (e.g., JD-branded continuous glucose monitor with Yuwell).
Healthy Operating Cash and Financial Income
Cash flow from operating activities RMB 10.2 billion; finance income RMB 1.5 billion in 2025; reported net increase in cash and equivalents and related assets (transcript-corrected figure noted as RMB 69.5 billion, net increase RMB 10.1 billion).

JD Health International, Inc. (HK:6618) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

HK:6618 Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 13, 2026
2026 (Q2)
1.31 / -
0.922
Mar 05, 2026
2025 (Q4)
0.74 / 1.06
0.77437.50% (+0.29)
Aug 14, 2025
2025 (Q2)
1.17 / 0.92
0.7424.62% (+0.18)
Mar 06, 2025
2024 (Q4)
0.72 / 0.77
0.208271.58% (+0.57)
Aug 15, 2024
2024 (Q2)
0.75 / 0.74
0.55832.65% (+0.18)
Mar 20, 2024
2023 (Q4)
0.23 / 0.21
0.285-26.80% (-0.08)
Aug 16, 2023
2023 (Q2)
0.11 / 0.56
0.08600.00% (+0.48)
Mar 22, 2023
2022 (Q4)
0.36 / 0.28
0.2734.17% (+0.01)
Aug 23, 2022
2022 (Q2)
0.24 / 0.08
-0.171146.67% (+0.25)
Mar 28, 2022
2021 (Q4)
1.33 / 0.27
-4.856105.62% (+5.13)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

HK:6618 Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 05, 2026
HK$50.65HK$47.50-6.22%
Aug 14, 2025
HK$55.95HK$54.85-1.97%
Mar 06, 2025
HK$38.65HK$40.80+5.56%
Aug 15, 2024
HK$20.45HK$19.82-3.08%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does JD Health International, Inc. (HK:6618) report earnings?
JD Health International, Inc. (HK:6618) is schdueled to report earning on Aug 13, 2026, TBA (Confirmed).
    What is JD Health International, Inc. (HK:6618) earnings time?
    JD Health International, Inc. (HK:6618) earnings time is at Aug 13, 2026, TBA (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is the P/E ratio of JD Health International, Inc. stock?
          The P/E ratio of JD Health International, Inc. is N/A.
            What is HK:6618 EPS forecast?
            HK:6618 EPS forecast for the fiscal quarter 2026 (Q2) is 1.31.