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何國穎先生 (Paul Ho)
助理經理

現任職輝立助理經理,除了鑽研圖表和數據分析外,也著重股票基本分析面。本人樂意為客戶提供投資分析及買賣策略。歡迎各位來電交流心得。
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京東集團股份有限公司 - SW (9618)

Tuesday, April 27, 2021 Views5123

京東集團 主要於中國經營線上零售及電商平台業務,以及提供物流服務。

- 2020年度,集團未經審營業額上升29﹒3%至7458﹒02億元(人民幣;下同),股東應佔溢利增
長3﹒1倍至494﹒05億元。年內,集團業務概況如下:
(一)商品:營業額增長27﹒6%至6518﹒79億元,佔總營業額87﹒4%,其中來自電子產品及家
用電器商品和日用百貨商品營業額分別上升22%及37﹒9%,至4009﹒27億元及 2509﹒52億元,分佔總營業額53﹒8%及33﹒6%;
(二)服務:營業額增加42%至939﹒23億元,佔總營業額12﹒6%,其中來自平台及廣告服務和物
流及其他服務營業額分別增長25﹒3%及72﹒3%,至534﹒73億元和404﹒5億元;
(三)於2020年12月31日,集團年度活躍用戶增長30﹒3%至4﹒72億戶。集團物流運營超過 900個倉庫,倉儲總面積2100萬平方米;
(四)於2020年12月31日,集團之現金及現金等價物為860﹒85億元,長期借款為29﹒36億 元。

京東集團為線上零售及電商平台龍頭之一,最近公佈的業績不俗,而且又陸續分拆子公司上市如京東健康,以至正準備上市的京東物流等,這有望釋放其內在價值。雖然近期股價受科企監管影響,但長線而言現時是分注收集持有之良機。

買入價 290元
目標價 360元

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