JD Health International Full Year 2023 Earnings: EPS Beats Expectations

JD Health International (HKG:6618) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥53.5b (up 14% from FY 2022).
• Net income: CN¥2.14b (up 464% from FY 2022).
• Profit margin: 4.0% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: CN¥0.69 (up from CN¥0.12 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

JD Health International EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%.

In the last 12 months, the only revenue segment was Online Retailers contributing CN¥53.5b. Notably, cost of sales worth CN¥41.7b amounted to 78% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥7.35b (65% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥1.51b. Explore how 6618's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Retailing industry in Hong Kong.

Performance of the Hong Kong Consumer Retailing industry.

The company's shares are up 16% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on JD Health International's balance sheet health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.