BEIJING, Aug. 01, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited financial results for the three months and six months ended June 30, 2024 on Thursday, August 15, 2024, before the U.S. market opens. JD.com's management will hold a conference call at 8:00 am, Eastern Time on August 15, 2024, (8:00 pm, Beijing/Hong Kong Time on August 15 ...

BEIJING, Aug. 01, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited financial results for the three months and six months ended June 30, 2024 on Thursday, August 15, 2024, before the U.S. market opens. JD.com’s management will hold a conference call at 8:00 am, Eastern Time on August 15, 2024, (8:00 pm, Beijing/Hong Kong Time on August 15 ...

JD.com, Inc. (JD) closed the latest trading day at $26.56, indicating a +0.87% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 1.11% for the day. Meanwhile, the Dow experienced a rise of 1.64%, and the technology-dominated Nasdaq saw an increase of 1.03%.The the stock of company has risen by 0.27% in the past month, leading the Retail-Wholesale sector's loss of 2.12% and the S&P 500's loss of 1.16%.The upcoming earnings release of JD.com, Inc. will be ...

JD has the ingredients to be a long-term winner, but it's not for everyone.It has been a horrendous few years for investors in JD.com (JD 2.21%). Thanks to a series of challenges, including the Chinese government's tech crackdown, geopolitical tension between the U.S. and China, and the increasingly challenging e-commerce industry, JD's stock price has declined by more than 70% from its peak of $99.91 in 2021.While most investors have generally shunned the stock, bargain hunters are sniffing for potential o ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about JD.com, Inc. (JD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.JD.com currently has an average brokerage recommendation (ABR ...

Investment Rating - The report maintains a **Buy** rating for JD com with a target price of **$40/155 HKD** based on a 13x 2024 JD Retail P/E multiple [2][4] Core Views - JD com s Q2 2024 revenue is expected to grow **1% YoY to 291 4 billion RMB** below Bloomberg consensus of 306 billion RMB due to weaker performance in electronics and home appliance categories [1][13] - Adjusted net profit is forecasted to increase **15% YoY to 9 8 billion RMB** driven by improved gross margins from product mix changes lower procurement costs and reduced air conditioner subsidies [1] - The company s adjusted net profit margin is expected to improve by **40 bps YoY to 3 4%** [1] - JD Retail s user experience and purchase frequency continue to grow at double digit rates partially offset by lower average order value due to category mix and low price strategy [2] - The company maintains its full year revenue growth expectation while Q2 profit expectations are raised due to subsidy reductions [2] Operational Data - JD Retail s active users and purchase frequency showed double digit growth in Q2 2024 supported by ecosystem development and low price strategy [2] - Daily active users during the 618 shopping festival also recorded double digit growth [2] - The company plans to continue investing in building its low price positioning with potential for increased spending in H2 2024 to drive revenue growth while maintaining ROI [2] Financial Projections - 2024 revenue forecast is revised down by **2%** due to weaker electronics category performance while adjusted net profit is slightly adjusted [2] - 2024 adjusted net profit is expected to grow **10% YoY** [2] - Q2 2024 gross margin is expected to improve YoY driven by product mix changes lower procurement costs and reduced air conditioner subsidies [1] - Adjusted operating profit margin is forecasted at **3 4%** for Q2 2024 up from 3 0% in Q2 2023 [6] - Adjusted EBITDA margin is projected at **4 1%** for Q2 2024 compared to 3 6% in Q2 2023 [6] Category Performance - Electronics category revenue is expected to decline **5% YoY** in Q2 2024 due to high base effect from air conditioners weak PC industry demand and growth in communication equipment [28] - Air conditioner sales which account for **10% of electronics category** and **30% of home appliances** are estimated to show double digit decline in Q2 2024 [28] - Daily necessities category is forecasted to grow **9% YoY** with supermarket sales maintaining double digit growth partially offset by pressure in home furnishing categories [28] - Q2 2024 GMV is expected to show low single digit growth with positive growth during the 618 festival [28] Valuation - JD com s current valuation is considered to be at the bottom with potential for healthy profit growth continued shareholder returns and benefits from new advertising products [2] - The stock offers **39 7% upside potential** to the target price of $40 with current price at $28 63 [4]

JD.com, Inc. (JD) closed at $28.15 in the latest trading session, marking a -1.68% move from the prior day. This change lagged the S&P 500's daily gain of 0.55%. At the same time, the Dow added 0.62%, and the tech-heavy Nasdaq gained 0.63%.Shares of the company witnessed a loss of 2.62% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 1.33% and the S&P 500's gain of 4.28%.The investment community will be paying close attention to the earnings performance of J ...

CMB International Global Markets | Equity Research | Company Update Although the high base in air conditioner category and industrywide soft performance of PC category are likely to weigh on JD's revenue growth on electronic and home appliance (E&HA) in 2Q24E, its strategies to focus on ROI and quality growth may drive a beat on earnings. We forecast JD has logged 2Q24E revenue of RMB290.9bn (up 1.0% YoY), and non-GAAP net income of RMB9.9bn, which translates into non-GAAP net margin of 3.4% and was 16% bet ...

CMB 国际全球市场 | 股票研究 | 公司更新 尽管空调类别的高基数和 PC 类别的全行业软表现可能会拖累京东在 2Q24E 的电子和家用电 器 （ E ＆ HA ） 收入增长，但其专注于 ROI 和质量增长的策略可能会推动收益。我们预测京 东第二季度收入为 299 亿元人民币 （ 同比增长 1.0% ），非 GAAP 净收入为 99 亿元人民币 ，转换为非 GAAP 净利润率为 3.4%，比彭博社预期高出 16% 。随着 E & HA 和平台业务的 收入增长正常化，我们预计京东在 3Q24E 的收入同比增长将重新加速，京东零售 （ JDR ） 的 GMV 增长仍可能超过 2024E 的零售总额。在激烈的行业竞争中，稳健的盈利能力和股东 回报的提升可以为京东的估值提供支撑，而进一步的重评级可能取决于消费复苏，京东有能力 向市场证明其核心品类可以在中长期保持稳定的市场份额。维持买入，基于 DCF 的 TP 为 51.9 美元。 京东零售 ： 仍然致力于推动用户增长。我们估计京东零售 （ JDR ） 在第 2 季度的收入 为 2542 亿元人民币，同比增长 0.3 ％，比彭博社的预期低 5.8 ％，这是由于 E ...

MF3dJD.com (NASDAQ:JD) (OTCPK:JDCMF) is China’s biggest e-Commerce company by revenue. Although Alibaba (BABA) does far more profit, JD holds inventory directly, resulting in slimmer margins. Still, JD’s massive revenue numbers make it one of China’s true eCommerce giants. It is relatively unique among Chinese eCommerce companies in having a strong focus on quality. Both AliExpress and TEMU have been criticized for a lack of quality in some products; JD is considered to have the best average product qua ...