Investing in value opportunities usually comes with a feeling that you are going against the consensus, where everyone else will misunderstand your reasoning behind a potential investment and even call you out on why you’re wrong. However, value investors like Warren Buffett and Michael Burry are used to ignoring this feeling, and they almost always come out winning.Key PointsThe boom in U.S. tech stocks like NVIDIA (NASDAQ: NVDA) has yet to cross over to tech stocks in other regions.Investors like Michael ...

BEIJING, March 06, 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 its unaudited financial results for the three months and the full year ended December 31, 2023 and an annual cash dividend for the year ended December 31, 2023. The company also announced the adoption of a new share repurchase program under which the company may repurchase up to US$3.0 billion worth of its sh ...

JD.com, Inc. (JD) is slated to report fourth-quarter 2023 results on Mar 6.For the fourth quarter, the Zacks Consensus Estimate for revenues is pegged at $42.56 billion, indicating a decline of 0.6% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at 65 cents per share, suggesting a 7.1% decrease from the prior-year quarter’s number.JD.com surpassed the Zacks Consensus Estimate in all the trailing four quarters, delivering an earnings surprise of 14.5% on average.Factors ...

Revenue Performance - Electronics and home appliances revenues for Q4 2023 reached RMB 150,353 million, a year-over-year increase of 6.1%[1] - Total net revenues for the year ended December 31, 2023, were RMB 1,084,662 million, reflecting a 3.7% year-over-year growth[1] - Logistics and other service revenues surged by 29.7% year-over-year to RMB 128,712 million for the full year 2023[1] - General merchandise revenues decreased by 4.8% year-over-year to RMB 332,425 million for the full year 2023[1] - Net service revenues for the year ended December 31, 2023, increased by 17.8% year-over-year to RMB 213,438 million[1] - Net revenues for Q4 2023 were RMB 306.1 billion (US$ 143.1 billion), a 3.6% increase from Q4 2022[38] - Full year 2023 net revenues reached RMB 1,084.7 billion (US$ 152.8 billion), a 3.7% increase from 2022[38] - For Q4 2023, JD.com reported net revenues of RMB306.1 billion (US$43.1 billion), a 3.6% increase year-over-year[44] - JD Retail net revenues for the fourth quarter of 2023 were RMB267,646 million (US$37,697 million), compared to RMB258,925 million in the fourth quarter of 2022, reflecting a year-over-year increase of 3.0%[79] - JD Logistics reported net revenues of RMB47,201 million (US$6,648 million) for the fourth quarter of 2023, up from RMB43,008 million in the same quarter of 2022, marking an increase of 9.1%[79] Profitability - Net income attributable to the company's ordinary shareholders for the year ended December 31, 2023, was RMB 24,167 million, compared to RMB 10,380 million in 2022, reflecting a significant increase of 132.5%[20] - Net income attributable to ordinary shareholders for Q4 2023 was RMB 3.4 billion (US$ 0.5 billion), compared to RMB 3.0 billion in Q4 2022[38] - Non-GAAP net income attributable to the company's ordinary shareholders for the full year 2023 was RMB 35.2 billion (US$ 5.0 billion), compared to RMB 28.2 billion in 2022[38] - Non-GAAP net income attributable to ordinary shareholders for the full year of 2023 increased by 24.7% to RMB35,200 million (US$4,958 million) from RMB28,220 million in 2022[87] - Diluted net income per ADS for the fourth quarter of 2023 rose by 11.8% to RMB2.13 (US$0.30) compared to RMB1.91 in the fourth quarter of 2022[82] - Non-GAAP diluted net income per ADS for the fourth quarter of 2023 increased by 10.2% to RMB5.30 (US$0.75) from RMB4.81 in the same quarter of 2022[82] Cash Flow and Liquidity - Cash and cash equivalents as of December 31, 2023, were RMB 71,892 million, down from RMB 78,861 million a year earlier[15] - Operating cash flow for the full year 2023 was RMB 59.5 billion (US$ 8.4 billion), compared to RMB 57.8 billion in 2022[39] - Free cash flow for the full year 2023 was RMB 40.7 billion (US$ 5.7 billion), up from RMB 35.6 billion in 2022[39] - Free cash flow for the full year of 2023 was RMB40,651 million (US$5,726 million), up from RMB35,595 million in 2022[89] - Free cash flow for Q4 2023 included net cash used in investing activities of RMB63.1 billion (US$8.9 billion)[50] Expenses and Investments - Research and development expenses for the year ended December 31, 2023, were RMB 16,393 million, slightly down from RMB 16,893 million in 2022, a decrease of 3.0%[20] - Research and development expenses for the full year of 2023 decreased by 3.0% to RMB16,400 million (US$2,300 million) from RMB16,900 million in 2022, representing 1.5% of net revenues[85] - Marketing expenses for the full year 2023 rose by 6.3% to RMB40.1 billion (US$5.7 billion), representing 3.7% of net revenues[52] - Fulfillment expenses for Q4 2023 were RMB17.3 billion (US$2.4 billion), up 2.5% from RMB16.9 billion in Q4 2022, representing 5.6% of net revenues[45] Balance Sheet - Total assets increased to RMB 628,958 million as of December 31, 2023, compared to RMB 595,250 million at the end of 2022[15] - Total current liabilities as of December 31, 2023, were RMB 265,650 million, slightly down from RMB 266,561 million as of December 31, 2022, indicating a decrease of 0.3%[17] - The company’s total liabilities increased to RMB 332,578 million as of December 31, 2023, from RMB 321,127 million in 2022, reflecting an increase of 3.9%[17] - Long-term borrowings increased to RMB 31,555 million as of December 31, 2023, from RMB 20,009 million in 2022, representing a substantial increase of 57.5%[17] Other Highlights - The company reported a gain on the sale of development properties of RMB 802 million for the three months ended December 31, 2023, compared to RMB 150 million in the same period of 2022, showing a significant increase of 434.7%[20] - The company announced a new share repurchase program allowing for the repurchase of up to US$ 3.0 billion worth of shares over the next 36 months[37] - JD.com plans to discuss its financial results in a conference call scheduled for March 6, 2024[2] - The company emphasizes the use of non-GAAP measures to evaluate operating performance, including non-GAAP net income and free cash flow[7] - Non-GAAP EBITDA for the full year 2023 was RMB 42.5 billion (US$ 5.9 billion), compared to RMB 33.6 billion in 2022[34] - Non-GAAP EBITDA for the full year of 2023 increased by 26.3% to RMB42,500 million (US$6,000 million) from RMB33,600 million in 2022, with a margin of 3.9%[86]

In the latest trading session, JD.com, Inc. (JD) closed at $22.62, marking a -0.83% move from the previous day. This move lagged the S&P 500's daily gain of 0.52%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq increased by 0.9%.Shares of the company have appreciated by 1.15% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 0.38% and lagging the S&P 500's gain of 3.85%.Market participants will be closely following the financial ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?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, Inc. currently has an average br ...

Chinese stocks have struggled, as indicated by the downtrend in the Shanghai index. It’s also noteworthy that the index has remained sideways (amid volatility) in the last five years. The reasons for depressed valuations include macroeconomic challenges and geopolitical factors.However, there is no doubt that several quality stocks in the Chinese market have overreacted on the downside. Valuations generally look attractive, and it’s a good time for selected exposure to Chinese stocks.Once the index sentimen ...

JD.com, Inc. (JD) closed the most recent trading day at $23.96, moving +0.71% from the previous trading session. This change lagged the S&P 500's 2.11% gain on the day. Meanwhile, the Dow gained 1.18%, and the Nasdaq, a tech-heavy index, added 2.96%.Shares of the company witnessed a gain of 0.81% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 4.94% and the S&P 500's gain of 3.08%.Market participants will be closely following the financial results of JD.com, ...

BEIJING, Feb. 22, 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 fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024, before the U.S. market opens. JD.com’s management will hold a conference call at 7:00 am, Eastern Time on March 6, 2024, (8:00 pm, Beijing/Hong Kong Time on March 6, 2024) to discuss the four ...

BEIJING, Feb. 22, 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 fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024, before the U.S. market opens. JD.com’s management will hold a conference call at 7:00 am, Eastern Time on March 6, 2024, (8:00 pm, Beijing/Hong Kong Time on March 6, 2024) to discuss the four ...