JD.com's Q1 Earnings: Revenue And EPS Beat, Adj. EBITDA Growth, CEO Credits Focus on User Experience And More
JD.com's Q1 Earnings: Revenue And EPS Beat, Adj. EBITDA Growth, CEO Credits Focus on User Experience And More
JD.com, Inc. reported fiscal first-quarter 2024 revenue growth of 7% year over year to $36.02 billion, beating the analyst consensus estimate of $35.62 billion.
京东公司报告称，2024财年第一季度收入同比增长7％，达到360.2亿美元，超过了分析师共识估计的356.2亿美元。
JD posted an adjusted net income per ADS of $0.78, beating the analyst consensus estimate of $0.64. The stock price gained after the results.
京东公布的调整后每股ADS净收益为0.78美元，超过了分析师普遍预期的0.64美元。业绩公布后，股价上涨。
JD Segment Performance: JD.com's net product revenue increased by 6.6% year over year to $28.88 billion. Net service revenues rose 8.8% year over year to $7.14 billion.
京东细分市场的表现：京东的净产品收入同比增长6.6％，达到288.8亿美元。净服务收入同比增长8.8％，达到71.4亿美元。
JD Retail revenue climbed 6.8% year over year to $31.42 billion, Logistics revenue gained to $5.84 billion, and the new business revenues fell to $675 million.
京东零售收入同比增长6.8％，至314.2亿美元，物流收入增长至58.4亿美元，新业务收入降至6.75亿美元。
JD.com's marketing expenses rose 15.6% in the first quarter to $1.30 billion, forming 3.6% of revenues. The rise was mainly due to the increased spending in promotion activities including the Spring Festival Gala sponsorship.
京东的营销费用在第一季度增长了15.6％，达到13.0亿美元，占收入的3.6％。增长主要是由于包括春晚赞助在内的促销活动支出增加。
Margin: Operating margin was 3.0% for the quarter, compared to 2.6% year over year. Adjusted operating margin improved 20 bps year over year to 3.4%. JD Retail's operating margin was 4.1%, versus 4.6% year over year.
利润率：本季度的营业利润率为3.0％，而同比为2.6％。调整后的营业利润率同比增长20个基点至3.4％。京东零售的营业利润率为4.1％，同比增长4.6％。
Adjusted EBITDA increased 13.6% year over year to $1.50 billion, with a 4.1% margin.
调整后的息税折旧摊销前利润同比增长13.6％，达到15.0亿美元，利润率为4.1％。
JD.com used $2.14 billion in free cash flow for the quarter, used $1.57 billion in operating cash flow, and held $24.8 billion in cash and equivalents as of March 31, 2024.
截至2024年3月31日，京东在本季度使用了21.4亿美元的自由现金流，使用了15.7亿美元的运营现金流，并持有248亿美元的现金及等价物。
Sandy Xu, CEO of JD.com, said, "In particular, in the first quarter, our focus on user experience helped to drive strong growth in the number of active users as well as user engagement."
京东首席执行官徐桑迪表示：“特别是在第一季度，我们对用户体验的关注有助于推动活跃用户数量和用户参与度的强劲增长。”
JD.Com stock lost over 11% in the last 12 months.
在过去的12个月中，京东的股票下跌了11％以上。
Investors can gain exposure to JD.com via Invesco Golden Dragon China ETF and Global X E-Commerce ETF.
投资者可以通过景顺金龙中国ETF和Global X电子商务ETF获得京东的投资机会。
Price Action: JD shares traded higher by 4.43% at $35.10 in the premarket session at the last check Thursday.
价格走势：在周四的最后一次盘前交易中，京东股价上涨4.43％，至35.10美元。