《大行報告》京東(09618.HK)投資評級及目標價(表)
京東-SW(09618.HK)將於8月22日公佈截今年中期業績。受內地疫情影響收入,618促銷刺激消費以及成本節約提升盈利率影響、本網綜合10間券商預測,京東2022年上半年非公認會計準則純利料介乎83.24億至89.95億元人民幣,對比去年同期85.94億元人民幣,按年下跌3.1%至上升4.7%;中位數88.22億元人民幣,按年升2.7%。
綜合3間券商預測,京東2022年上半年股東應佔虧損料介乎5.41億至28.46億元人民幣,對比去年同期爲純利41.2億元人民幣,按京東今年首季業績指出由於Dada Nexus(「達達」(DADA.US))於收購完成前的股價變動導致確認虧損36億人民幣及因上市公司股權投資的市價波動導致的投資證券的公允價值變動等因素所影響。
投資者將關注京東新增活躍用戶數增長表現、成本和費用率優化(如零售主業營銷投放縮減、履約端經營槓桿逐步釋放等)的情況、集團收縮社區團購業務(京喜拼拼)後的利潤率指引等。
下表列出18間券商對京東評級及目標價:
券商│投資評級│目標價
富瑞│買入│448元
星展│買入│400元
麥格理│跑贏大市│370元
中國銀河國際│收集│339元
德銀│買入│338元
華創證券│推薦│324.7元
大和│買入│310元
廣發證券│買入│305.87元
招商證券│強烈推薦│301元
國泰君安│增持│298.9元
野村│買入│298元
美銀證券│買入│298元
國泰君安國際│收集│290元
農銀國際│買入│290元
建銀國際│跑贏大市│287.1元
中信建投│買入│282元
大華繼顯│買入│272元
摩根大通│中性│255元
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.