New Street Research - JD.com Inc. Sponsored ADR Class A (JD) New Street: JD 3Q21 Results - Continued Share Gains Intact

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New Street Research

Jin Yoon

New Street: JD 3Q21 Results - Continued Share Gains Intact

What's new: JD reported 3Q21 results were above consensus and our estimates. Topline remains resilient, while margins remain stable on a YoY basis heading into 4Q amid weakening macro environment. We increase our PT from USD85 to USD100 which implies 0.8x on FY22 EV/Sales.

Analysts:
Jin Yoon

19/11/2021 7 EN

Underlying

JD.com Inc. Sponsored ADR Class A

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US47215P1066 NASDAQ Stock Market United States

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Analysts

Jin Yoon

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GlobeNewsWire

JD.com to Report First Quarter 2024 Financial Results on May 16, 2024

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Frontier Model Update

This note focuses on changes to the model following 1Q24 results. Earlier today, we published a review of results and comprehensive thoughts following the earnings call. The changes to estimates are minor. Our long-term thesis remains unchanged. Price target is $52.

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Jonathan Chaplin

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FYBR: quick thoughts following the call Part 2

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EUR 9284.00

18h / 7m 18h / 7m 1 EN

Jonathan Chaplin

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FYBR quick thought following the call

In this quick note we touch on our thoughts around the delay in the analyst day. We will follow up shortly with further thoughts on operating and financial trends.

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May 3, 2024 May 3, 2024 1 EN

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New Street: JD 3Q21 Results - Continued Share Gains Intact

JD: China’s Economy May Have Bottomed As The Property Market Is Starting To Show Signs Of Stabilization; JD To Benefit From the Resumption In Growth Of China’s Economy

JD.com to Report First Quarter 2024 Financial Results on May 16, 2024

JD.com Announces Updates of Its Share Repurchase Program

Frontier Model Update

FYBR: quick thoughts following the call Part 2

FYBR quick thought following the call

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