JD LOGISTICS (02618.HK): H1 2026 Profit Attributable to Shareholders of RMB 3.29 Billion, Up 27.63% Year on Year

NewTimeSpace News: On 13 August 2026, JD Logistics, Inc. (02618.HK) announced its 2026 interim results, recording total revenue of RMB 124.68 billion, up 26.54% year on year; net profit of RMB 3.27 billion, up 10.53% year on year; profit attributable to shareholders of RMB 3.29 billion, up 27.63% year on year; and earnings per share of RMB 0.52.

In terms of profitability, the Company's gross profit increased from RMB 8.87 billion in the corresponding period last year to RMB 11.07 billion in the current period, up RMB 2.2 billion; gross margin decreased from 9% to 8.88%, down 0.12 percentage points. Net profit increased from RMB 2.96 billion to RMB 3.27 billion, up RMB 312 million, with net margin decreasing from 3% to 2.62%, down 0.38 percentage points.

In terms of earnings quality, operating profit increased from RMB 3.05 billion to RMB 3.90 billion, up RMB 854 million, with operating margin rising from 3.09% to 3.13%, up 0.04 percentage points. Net cash flow from operating activities decreased from an inflow of RMB 6.57 billion to an inflow of RMB 6.38 billion, down RMB 190 million, with the ratio of operating cash flow to total revenue decreasing from 6.67% to 5.12%, down 1.55 percentage points.

In terms of financial soundness, the debt-to-asset ratio increased from 50.31% to 51.62%, up 1.31 percentage points. Total equity decreased from RMB 59.09 billion to RMB 57.94 billion, down RMB 1.15 billion; cash and cash equivalents decreased from RMB 17.32 billion to RMB 15.76 billion, down RMB 1.56 billion; current liabilities increased from RMB 39.78 billion to RMB 42.09 billion, up RMB 2.31 billion; and the quick ratio decreased from 1.54 to 1.27.

In terms of R&D investment, R&D expenses increased from RMB 1.90 billion to RMB 2.35 billion, up RMB 450 million, while the R&D-to-revenue ratio decreased from 1.93% to 1.88%, down 0.05 percentage points.

As of the close of trading on 13 August 2026, JD LOGISTICS fell 2.01% to close at HKD 14.17. Full-day turnover reached HKD 177 million, with notably increased volume, and the latest market capitalization stood at HKD 93.86 billion.