BABA.N-Morgan Stanley-China E-CommerceEducationOnline Verticals Where Are We Tr...-107695197
2024-04管理咨询14免费
报告维度
- 📄 文件全名
- 《BABA.N-Morgan Stanley-China E-CommerceEducationOnline Verticals Where Are We Tr...-107695197.pdf》
- 🎯 适合读者
- 战略规划行业研究员
- 📊 核心数据
- JD 1Q24 Preview: We model JD's 1Q24 total/JDR revenue to grow 6.7%/6.1% yoy;
- and we model 1Q24 JDR OPM at 4.40% (-24bp yoy) and group-level non-GAAP NPM
- at 2.86% (-26bp yoy). JD maintains its 2024 full-year guidance of total GMV/revenue
- and JDR revenue to outpace China's total retail sales in 2024 (6% yoy, per
- our calculations, JD's share repurchase amount accounted for ~11% of JD's trading
- 🏷️ 核心议题
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