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JD Logistics Inc
HKEX:2618

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JD Logistics Inc
HKEX:2618
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Price: 15.1 HKD -2.14% Market Closed
Market Cap: HK$100.5B

EV/GP

3.8
Current
28%
More Expensive
vs 3-y average of 2.9

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.8
=
Enterprise Value
HK$85.2B
/
Gross Profit
¥19.8B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.8
=
Enterprise Value
HK$85.2B
/
Gross Profit
¥19.8B

Valuation Scenarios

JD Logistics Inc is trading above its 3-year average

If EV/GP returns to its 3-Year Average (2.9), the stock would be worth HK$11.8 (22% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-22%
Maximum Upside
+262%
Average Upside
96%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 3.8 HK$15.1
0%
3-Year Average 2.9 HK$11.8
-22%
5-Year Average 3.3 HK$13.41
-11%
Industry Average 9.6 HK$38.58
+156%
Country Average 13.6 HK$54.6
+262%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
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Market Distribution

Lower than 87% of companies in China
Percentile
13th
Based on 6 967 companies
13th percentile
3.8
Low
0 — 8
Typical Range
8 — 23.3
High
23.3 —
Distribution Statistics
China
Min 0
30th Percentile 8
Median 13.6
70th Percentile 23.3
Max 17 898 541.1

JD Logistics Inc
Glance View

JD Logistics Inc., a subsidiary of the Chinese e-commerce giant JD.com, has crafted a distinct niche within the logistics industry by building a robust network that integrates cutting-edge technology with expansive physical infrastructure. Born out of JD.com's need to deliver products efficiently across China, JD Logistics has evolved beyond merely serving its parent company; it now extends its services to external clients, creating an independent revenue stream. The company's operations are founded on a blend of technology-driven solutions, such as artificial intelligence and big data, which optimize its supply chain processes from warehousing to last-mile delivery. This technological edge allows JD Logistics to streamline deliveries while enhancing speed and reducing costs, effectively capitalizing on the burgeoning demand for efficient logistics services in a digital-first economy. The company’s business model hinges on providing comprehensive logistics solutions, including warehousing, transportation, delivery, and after-sales services. By managing everything from storage to doorstep delivery, JD Logistics not only caters to JD.com's massive customer base but also partners with a host of external businesses, thus diversifying its client portfolio. Its earnings are bolstered by charging fees for these services, scaling its operations by leveraging both its extensive network and technological prowess to serve diverse industries—from retail to manufacturing. Moreover, JD Logistics' continual investment in automation and smart logistics facilities underscores its strategy to remain competitive amidst a rapidly changing marketplace where speed, reliability, and cost-efficiency are paramount. Through these efforts, JD Logistics stands as a critical pillar in JD.com's ecosystem while asserting its prominence in the global logistics landscape.

Intrinsic Value
27.55 HKD
Undervaluation 45%
Intrinsic Value
Price HK$15.1
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