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JD.com, Inc. Class A (HK:9618)
:9618
RESEARCH TOOLSreports
Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
3.25Last Year’s EPS
2.88Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 14, 2024
|% Change Since: 14.95%
|Next Earnings Date:Mar 06, 2025
Earnings Call Sentiment|Positive
The third quarter earnings call for JD.com presented a largely positive outlook with significant growth in key segments such as general merchandise and logistics, supported by successful strategic initiatives like the appliance trading program. While there are ongoing challenges in the New Business segment, the overall financial performance and strategic direction indicate strong growth potential and investor confidence, as evidenced by the extensive share repurchase program.Company Guidance
During JD.com's third quarter 2024 earnings call, the company reported a 5% year-on-year increase in net revenues, reaching RMB 260 billion, with product revenues also up by 5%. The general merchandise category saw an 8% rise in revenues, driven by a strong performance in the supermarket sector, which achieved double-digit growth. JD Logistics also contributed to the positive results, with a 7% increase in revenues and a 624% year-on-year rise in non-GAAP operating income, resulting in a 4.7% operating margin. The company's gross margin expanded by 165 basis points to 17.3%, marking the tenth consecutive quarter of improvement, and non-GAAP net profit attributable to ordinary shareholders grew by 24%, with a net margin of 5.1%. JD.com highlighted its strategic focus on enhancing supply chain capabilities and user experience, as well as its commitment to returning value to shareholders through a new $5 billion share repurchase program.Improved Financial Results
Q3 2024 saw improved operating and financial results with a 5% year-on-year growth in net revenues to RMB 260 billion and a 24% increase in non-GAAP net profit attributable to ordinary shareholders.
Growth in General Merchandise and Supermarket Categories
The general merchandise category revenues increased by 8% year-on-year, with the supermarket category delivering double-digit revenue growth and a robust 20% increase in shopping frequency.
Success of Appliance Trading Program
The appliance trading program contributed to increased demand and sales for home appliances and computers, with growth improving sequentially in each of the three months in Q3.
Expansion in Active User Base
JD.com saw double-digit year-on-year growth in the number of quarterly active customers for the last four quarters, with Q3 being the highest.
Strong Performance of JD Logistics
JD Logistics achieved a 624% year-on-year increase in non-GAAP operating income and an operating margin of 4.7%, up 400 basis points compared to a year ago.
Record Share Repurchase Program
JD.com completed a share repurchase program worth $3.65 billion in the first nine months of 2024, and launched a new $5 billion share repurchase program for the next three years.
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HK:9618 Earnings History
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
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HK:9618 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | HK$141.80 | HK$135.10 | -4.72% |
| Aug 15, 2024 | HK$100.80 | HK$99.35 | -1.44% |
| May 16, 2024 | HK$129.10 | HK$132.40 | +2.56% |
| Mar 06, 2024 | HK$80.48 | HK$86.76 | +7.80% |
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.
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FAQ
When does JD.com, Inc. Class A (HK:9618) report earnings?
JD.com, Inc. Class A (HK:9618) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is JD.com, Inc. Class A (HK:9618) earnings time?
JD.com, Inc. Class A (HK:9618) earnings time is at Mar 06, 2025, TBA Not 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.com, Inc. Class A stock?
The P/E ratio of JD.com, Inc. Class A is N/A.
What is HK:9618 EPS forecast?
HK:9618 EPS forecast for the fiscal quarter 2024 (Q4) is 3.25.
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