JD Logistics Inc
02618: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.y | LOCK|%<J | LOCK|$#%dwT |
JD Logistics Earnings: Valuation Cut by 18% to HKD 17.70 on Higher Investments
JD Logistics's, fourth-quarter sales grew 10% year on year. However, its non-IFRS profit margin dropped sequentially to 4.3% from 5.8% owing to increased investments in enhancing services and delivery timeliness. On March 7, JDL's shares fell by 15% following guidance of higher investments.
