JD.com, Inc. - NASDAQ:JD - Comprehensive analysis
In our analysis of China's e-commerce landscape, we express a preference for JD.com, a company with a formidable competitive advantage. It is poised to be a principal beneficiary of the government-subsidized trade-in program for home appliances and electronics. Given the prevailing economic slowdown in China, we project that the government will sustain this program for a minimum of one year. JD.com derives 47% of its total revenue from the electronics and home appliances category. Its comprehensive suite of services, encompassing installation, dismantling, and disposal of outdated appliances, serves as compelling reasons for consumers to choose JD.com for their electronics and appliance purchases. We reiterate our conviction that JD.com will achieve long-term margin expansion, attributable to declining procurement costs and a growing share of high-margin third-party platform transactions.
Free evaluation through quantitative algorithms JD.com, Inc. - NASDAQ:JD
Growth-Scoring Model Detail
Total Revenue Growth Over Prior Year | 6.84 | Market 58 Sector 62 |
Gross Profit Growth Over Prior Year | 19.23 | Market 77 Sector 74 |
EBITDA Growth Over Prior Year | 27.3 | Market 75 Sector 74 |
EBITA Growth Over Prior Year | 31.1 | Market 79 Sector 72 |
EBIT Growth Over Prior Year | 36.9 | Market 83 Sector 73 |
Earnings from Cont. Ops. Growth Over Prior Year | 93 | Market 93 Sector 88 |
Net Income Growth Over Prior Year | 72 | Market 84 Sector 86 |
Normalized Net Income Growth Over Prior Year | 13.45 | Market 56 Sector 59 |
Diluted EPS before Extra Growth Over Prior Year | 77 | Market 90 Sector 89 |
A/R Growth Over Prior Year | 35.6 | Market 91 Sector 83 |
Inventory Growth Over Prior Year | 31.2 | Market 93 Sector 88 |
PPE Net Growth Over Prior Year | 12.51 | Market 81 Sector 81 |
Total Assets Growth Over Prior Year | 11.01 | Market 82 Sector 87 |
Tangible Book Value Growth Over Prior Year | 2.2 | Market 35 Sector 64 |
Common Equity Growth Over Prior Year | 3.23 | Market 40 Sector 68 |
Cash from Ops. Growth Over Prior Year | 0 | Market 66 Sector 54 |
CAPEX Growth Over Prior Year | 0 | Market 79 Sector 54 |
Dividend per Share Growth Over Prior Year | 35.4 | Market 85 Sector 92 |
Levered Free Cash Flow Growth Over Prior Year | 0 | Market 77 Sector 52 |
Unlevered Free Cash Flow Growth Over Prior Year | 0 | Market 75 Sector 53 |
Profitability-Scoring Model Detail
Gross Margin % | 9.79 | Market 14 Sector 18 |
SG&A Margin % | 4.91 | Market 25 Sector 12 |
EBITDA Margin % | 4.09 | Market 6 Sector 51 |
EBITA Margin % | 3.41 | Market 19 Sector 57 |
EBIT Margin % | 3.41 | Market 12 Sector 57 |
Earnings from Cont. Ops Margin % | 3.85 | Market 10 Sector 66 |
Net Income Margin % | 3.57 | Market 10 Sector 66 |
Net Income Avail. for Common Margin % | 3.57 | Market 10 Sector 66 |
Normalized Net Income Margin % | 2.44 | Market 11 Sector 61 |
Levered Free Cash Flow Margin % | 0 | Market 49 Sector 39 |
Unlevered Free Cash Flow Margin % | 0 | Market 49 Sector 36 |
Return on Assets % | 3.73 | Market 57 Sector 76 |
Return on Capital % | 6.44 | Market 60 Sector 81 |
Return on Equity % | 14.65 | Market 70 Sector 86 |
Return on Common Equity % | 17.55 | Market 77 Sector 90 |
Total Asset Turnover | 1.75 | Market 98 Sector 92 |
