Company Valuation: JD Logistics, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 121,966 81,256 54,128 73,603 63,207 55,641 - -
Change - -33.38% -33.39% 35.98% -14.12% -11.97% - -
Enterprise Value (EV) 1 108,225 83,535 64,173 70,961 49,037 37,080 29,091 20,970
Change - -22.81% -23.18% 10.58% -30.9% -24.38% -21.54% -27.92%
P/E -6.75x -58.2x 88.8x 12.3x 9.68x 6.55x 5.59x 4.86x
PBR 2.82x 1.72x 1.12x 1.35x 1.18x 0.87x 0.75x 0.65x
PEG - 0.6x -1x 0x 1.19x 0.3x 0.3x 0.3x
Capitalization / Revenue 1.16x 0.59x 0.32x 0.4x 0.29x 0.21x 0.19x 0.18x
EV / Revenue 1.03x 0.61x 0.39x 0.39x 0.23x 0.14x 0.1x 0.07x
EV / EBITDA -171x 8.55x 4.39x 3.49x 2.38x 1.58x 1.13x 0.81x
EV / EBIT -36.4x -345x 84.4x 11.6x 9.12x 4.12x 2.78x 1.79x
EV / FCF 52.7x 9.85x 5.82x 4.3x 3.93x 2.42x 2.07x 1.42x
FCF Yield 1.9% 10.2% 17.2% 23.3% 25.4% 41.3% 48.3% 70.5%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -3.19 -0.23 0.1 0.98 1.06 1.282 1.503 1.73
Distribution rate - - - - - - - -
Net sales 1 104,693 137,402 166,625 182,838 217,147 264,651 291,054 316,012
EBITDA 1 -631.1 9,774 14,606 20,343 20,603 23,513 25,724 25,765
EBIT 1 -2,975 -242.4 760.2 6,105 5,375 9,008 10,475 11,689
Net income 1 -15,842 -1,397 616.2 6,198 6,647 8,371 9,652 10,884
Net Debt 1 -13,741 2,279 10,046 -2,642 -14,170 -18,561 -26,550 -34,671
Reference price 2 21.548 13.375 8.877 12.028 10.262 8.400 8.400 8.400
Nbr of stocks (in thousands) 5,660,170 6,075,430 6,097,253 6,119,238 6,159,104 6,623,722 - -
Announcement Date 10/03/22 09/03/23 06/03/24 06/03/25 05/03/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
6.49x0.14x1.56x-.--% 8.27B
18.3x1.21x8.83x6.11% 91.31B
14.75x0.86x7.67x1.89% 72.09B
16.49x0.99x7.29x3.41% 72.71B
32.33x1.35x11.74x0.5% 49.96B
12.52x9.19x28.78x5.47% 40.66B
25.28x1.19x12.73x3.06% 34.02B
25.13x1.89x17.93x0.79% 25.79B
14.62x0.42x4.18x2.84% 24.04B
10.04x1.4x5.18x4.19% 14.83B
Average 17.60x 1.86x 10.59x 2.83% 43.37B
Weighted average by Cap. 18.72x 1.86x 10.91x 3.33%

Y-o-Y evolution of P/E

Valuation ratios - P/E - JD Logistics, Inc.

Historical PBR trend

Valuation ratios - PBR - JD Logistics, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - JD Logistics, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - JD Logistics, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - JD Logistics, Inc.
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