JD Health International Inc.

SEHK:6618 Stock Report

Market Cap: HK$146.2b

JD Health International Past Earnings Performance

Past criteria checks 4/6

JD Health International has been growing earnings at an average annual rate of 81.8%, while the Consumer Retailing industry saw earnings growing at 29.3% annually. Revenues have been growing at an average rate of 21.4% per year. JD Health International's return on equity is 8.9%, and it has net margins of 7.3%.

Key information

81.80%

Earnings growth rate

84.31%

EPS growth rate

Consumer Retailing Industry Growth28.31%
Revenue growth rate21.37%
Return on equity8.93%
Net Margin7.32%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Narrative Update May 04

6618: Online Respiratory Partnership And Firmer Margins Will Support Future Upside Potential

Analysts have raised their price target for JD Health International to HK$100.58 from HK$98.16, citing slightly firmer profit margin assumptions and a lower future P/E multiple in their updated valuation work. What's in the News CF PharmTech and JD Health entered into a cooperation agreement under which JD Health will act as the exclusive online launch platform for several new respiratory and rhinology products over the next three years, using its online platform and supply chain services for product launches and patient support (Key Developments).
Narrative Update Apr 19

6618: New Respiratory Drug Partnership Will Support Future Margin And Traffic Upside

Analysts have trimmed their price target for JD Health International to HK$76.26 from HK$78.98, reflecting slightly updated views on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News CF PharmTech and JD Health entered a three year cooperation in which JD Health will serve as the exclusive online launch platform for several new respiratory and rhinology products, covering areas such as allergic rhinitis, chronic rhinosinusitis, asthma and chronic obstructive pulmonary disease (Client Announcements).
Narrative Update Apr 04

6618: Online Respiratory Partnership Will Support Dividend Prospects And Undervalued Outlook

Analysts have nudged their price target for JD Health International slightly lower to around HK$61.00 from about HK$61.20, reflecting updated views on fair value, revenue growth, profit margin, and future P/E assumptions. What's in the News CF PharmTech and JD Health entered into a cooperation agreement under which JD Health will be the exclusive online launch platform for several new respiratory and rhinology products over the next three years, covering online sales and patient service support (Key Developments).
Narrative Update Mar 20

6618: Higher Long Term Assumptions Will Support Dividend Decision And Undervalued Outlook

Analysts have nudged their fair value estimate for JD Health International higher from HK$58.07 to HK$61.20, citing updated assumptions around revenue growth, profit margin, and future P/E levels as the key drivers of the change. What's in the News Board meeting scheduled for March 5, 2026, to approve the annual results of JD Health International and its subsidiaries for the year ended December 31, 2025 (Key Developments) At the same meeting, the board will consider recommending a final dividend for the 2025 financial year, if any (Key Developments) Valuation Changes Fair Value: HK$58.07 to HK$61.20, a modest upward adjustment to the intrinsic value estimate.
Narrative Update Mar 06

6618: Higher Profitability Assumptions Will Support Upcoming Dividend Decision

Analysts have raised their HK$ price target for JD Health International to HK$58.07 from HK$42.21, citing updated assumptions regarding discount rate, revenue growth, profit margin and future P/E. What's in the News A board meeting is scheduled for Mar 05, 2026 to approve the annual results of JD Health International and its subsidiaries for the year ended Dec 31, 2025 (Key Developments).
Narrative Update Feb 20

6618: Refined Revenue And Margin Assumptions Will Support Future Upside Potential

Analysts have nudged their fair value estimate for JD Health International slightly higher to HK$98.16 from HK$97.73, citing updated assumptions around revenue growth, profit margins, the discount rate and future P/E expectations. Valuation Changes Fair Value: HK$98.16 compared with the prior HK$97.73, reflecting a very small upward adjustment in the model.
Narrative Update Feb 06

6618: Framework Agreement And New Partnerships Will Support Future Revenue Mix

Analysts have nudged their fair value estimate for JD Health International higher from about HK$95.95 to around HK$97.73, reflecting slightly different views on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News JD Health International has called a special or extraordinary shareholders meeting for December 8, 2025, at 10:30 China Standard Time in Beijing to review and vote on a 2026 technology and traffic support services framework agreement with JD.com, Inc., including authorization for a director to execute related documents and actions (Key Developments).
Analysis Article Jan 25

Is JD Health International Inc. (HKG:6618) Potentially Undervalued?

Let's talk about the popular JD Health International Inc. ( HKG:6618 ). The company's shares saw a double-digit share...
Narrative Update Jan 23

6618: New JD Platform Agreements Will Support Future Margin And Traffic Upside

Analysts have nudged their fair value estimate for JD Health International higher to US$78.98 from US$76.81, citing slightly firmer revenue growth, improved profit margins and a modestly higher future P/E assumption in their updated models. What's in the News A special or extraordinary shareholders meeting is scheduled for December 8, 2025 at 10:30 China Standard Time in Beijing to review and approve a technology and traffic support services framework agreement with JD.com, Inc.
Narrative Update Jan 08

6618: New JD Platform Agreements Will Support Long-Term Shareholder Outperformance

Analysts have nudged their fair value estimate for JD Health International slightly higher, from about HK$76.29 to roughly HK$76.81, citing updated assumptions on revenue growth, profit margin and future P/E that together refine their overall view of the stock’s pricing. What's in the News JD Health International has scheduled a special or extraordinary shareholders meeting for December 8, 2025, at 10:30 China Standard Time in Beijing to vote on an agreement with JD.com for technology and traffic support services and related transactions (Key Developments).
Narrative Update Dec 24

6618: Framework Agreement Approval Will Support Stronger Future Revenue Mix

Analysts have raised their price target on JD Health International by roughly 9 percent, citing stronger expected revenue growth, modestly higher profit margins, and a slightly lower future earnings multiple. Together, these factors support an increase in estimated fair value to about $96 per share from approximately $88 previously.
Narrative Update Dec 10

6618: New CEO And Service Agreement Will Support Long-Term Outperformance

Analysts have nudged their price target for JD Health International slightly higher to approximately $76.29 from about $75.87, citing marginally stronger expectations for revenue growth that more than offset a modest trim to long term profit margin assumptions. What's in the News JD Health has called a special shareholders meeting for December 8, 2025 in Beijing to seek approval of a new 2026 technology and traffic support services framework agreement with JD.com, including authorization for directors to execute related documents and implementation steps (company circular).
Analysis Article Dec 08

Be Wary Of JD Health International (HKG:6618) And Its Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Narrative Update Nov 25

6618: Leadership Transition And Key Partnership Are Set To Drive Outperformance

Analysts have raised their price target for JD Health International from $70.25 to $75.87. This reflects improved projections for both revenue growth and profit margins.
Analysis Article Nov 11

Is JD Health International Inc. (HKG:6618) Expensive For A Reason? A Look At Its Intrinsic Value

Key Insights Using the 2 Stage Free Cash Flow to Equity, JD Health International fair value estimate is HK$46.16 JD...
Narrative Update Nov 10

6618: Leadership Change Is Expected To Drive Stronger Performance Ahead

Analysts have modestly increased their price target for JD Health International, raising it from ¥70.10 to ¥70.25. They cite incremental improvements in projected revenue growth and profit margins as the reason for this adjustment.
Analysis Article Oct 28

With EPS Growth And More, JD Health International (HKG:6618) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update Oct 27

Leadership Transition And Digital Healthcare Trends Will Shape Upcoming Performance

Analysts have raised their price target for JD Health International from approximately ¥68.78 to ¥70.10. This reflects slight improvements in expected revenue growth, profit margin, and valuation metrics.
Narrative Update Oct 13

AI And Omnichannel Expansion Will Shape Digital Healthcare Future

Narrative Update on JD Health International Analysts have raised their price target for JD Health International from $67.22 to $68.78, citing subtle improvements in revenue growth expectations along with modest adjustments to company profitability forecasts. What's in the News Mr. Enlin Jin has resigned as chief executive officer of JD Health International Inc., effective September 29, 2025, to devote more time to his family.
Analysis Article Sep 22

Is Now The Time To Look At Buying JD Health International Inc. (HKG:6618)?

JD Health International Inc. ( HKG:6618 ) received a lot of attention from a substantial price increase on the SEHK...
Narrative Update Sep 21

AI And Omnichannel Expansion Will Shape Digital Healthcare Future

The consensus analyst price target for JD Health International has edged higher, primarily driven by a notable increase in the forecast Future P/E multiple despite nearly unchanged revenue growth expectations, resulting in a new target of HK$67.22. What's in the News Upcoming board meeting to review and approve unaudited interim results for the six months ended June 30, 2025.
Narrative Update Aug 16

AI Integration With Jingyi Qianxun Will Improve Efficiency In Healthcare Services

Despite a moderation in consensus revenue growth forecasts, a higher future P/E multiple has driven the consensus analyst price target for JD Health International up from HK$45.99 to HK$49.62. What's in the News Board meeting scheduled to approve unaudited interim results for the six months ended June 30, 2025.
Analysis Article Aug 06

JD Health International Inc.'s (HKG:6618) Shareholders Might Be Looking For Exit

When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") below 11x, you may consider JD...
Analysis Article Jul 07

JD Health International (HKG:6618) Could Be Struggling To Allocate Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Jun 22

Is There Now An Opportunity In JD Health International Inc. (HKG:6618)?

JD Health International Inc. ( HKG:6618 ) received a lot of attention from a substantial price increase on the SEHK...
Analysis Article May 22

Is Now The Time To Put JD Health International (HKG:6618) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
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New Narrative Mar 09

AI Integration With Jingyi Qianxun Will Improve Efficiency In Healthcare Services

Technological innovations and strategic partnerships aim to enhance customer experience, expand market share, and increase direct sales and margins.

Revenue & Expenses Breakdown

How JD Health International makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:6618 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2573,4415,37512,7671,634
30 Sep 2569,2745,04812,2951,528
30 Jun 2565,1064,72111,8241,422
31 Mar 2561,6334,44111,3201,376
31 Dec 2458,1604,16210,8151,330
30 Sep 2456,4623,39010,5681,293
30 Jun 2454,7642,61810,3211,255
31 Mar 2454,1472,38010,1651,241
31 Dec 2353,5302,14210,0081,226
30 Sep 2353,5761,9309,9031,212
30 Jun 2353,6211,7189,7981,197
31 Mar 2350,1791,0499,3841,132
31 Dec 2246,7363808,9691,067
30 Sep 2242,003-78,5421,023
30 Jun 2237,270-3958,114978
31 Mar 2233,976-7347,911935
31 Dec 2130,682-1,0747,708893
30 Sep 2127,463-6,7026,799813
30 Jun 2124,243-12,3315,890733
31 Mar 2121,813-14,7834,923671
31 Dec 2019,383-17,2343,957609
30 Sep 2017,007-11,9013,346537
30 Jun 2014,631-6,5672,736466
31 Mar 2012,737-3,7692,389402
31 Dec 1910,842-9722,042338
31 Dec 188,1692151,458218
31 Dec 175,5531791,002123

Quality Earnings: 6618 has high quality earnings.

Growing Profit Margin: 6618's current net profit margins (7.3%) are higher than last year (7.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 6618 has become profitable over the past 5 years, growing earnings by 81.8% per year.

Accelerating Growth: 6618's earnings growth over the past year (29.2%) is below its 5-year average (81.8% per year).

Earnings vs Industry: 6618 earnings growth over the past year (29.2%) exceeded the Consumer Retailing industry 18.4%.


Return on Equity

High ROE: 6618's Return on Equity (8.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 20:43
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

JD Health International Inc. is covered by 31 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xiaomeng ZhuangBofA Global Research
Shun Kei LawCCB International Securities Limited
Xipeng FengChina International Capital Corporation Limited