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京東次季收入勝預期 花旗富瑞中金續看好
格隆匯 08-24 17:21

京東集團昨日公佈中期業績,京東第二季收入較分析師預期為高。 

花旗報吿認為,京東在營運和多模式的零售服務方面可滿足不同的消費者需求,加上全渠道分銷模式整合,反映京東具有韌性,亦有多重催化劑,預計第三季度收入按年增長25.9%至219.37億人民幣,非通用會計準則下利潤可見18.7億人民幣。花旗上調京東2021-23年的收入預測各0.3%,非通用會計準則下的淨利潤預測亦調升6.7%,以反映公司表現及其戰略投資,但下調公司的ADR目標價,由115美元降至108美元。

富瑞表示,京東在用户增長和體驗、低線城市滲透等方面表現出優勢,其商業模式亦合規,將可發揮全渠道策略的潛力,將港股目標價從426港元上調至428港元。

中金公司表示,京東第二季度營收跑贏同業,主要受創紀錄的3200萬季度淨用户增加、3C和家電銷售穩健以及超市業務強勁增長所推動,在服務業務方面亦錄得強勁表現,相信京東 將繼續專注於用户增長、改善用户體驗和投資社區團購業務,上調2021年和2022年的盈利預測16%和13%,以提高營運效率和規模經濟,下調其ADR目標價11%至85美元。

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