京东物流季报点评:业绩向好,收入规模及盈利稳步增长

华泰证券
May 15, 2025

京东物流公布一季度业绩:营业收入469.7亿元,同比增长11.5%:归母净利4.5亿元,同比增长89.1%:Non-IFRS净利润7.5亿元,同比增长13.4%,小幅超我们的预期(7.3亿元)。毛利率/Non-IFRS利润率为7.2%/1.6%,同比表现-0.5pct/+0.03pct。毛利率同比下滑主因公司为提升物流履约能力和产品竞争力,加大物流基础设施及人员投入,成本相应上升。展望25年,我们...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10