By Jiahui Huang

JD.com is scheduled to report results for the fourth quarter on Thursday. Here is what you need to know:

NET PROFIT: The Chinese e-commerce company's net profit is expected to more than double to 7.6 billion yuan, equivalent to $1.04 billion, according to the consensus estimate of 13 analysts in a FactSet poll. That would compare with 3.4 billion yuan in the year-earlier period.

REVENUE: The Beijing-based company's quarterly revenue is estimated at 333.0 billion yuan, according to FactSet, up 8.8% from a year earlier.

JD.com's Hong Kong-listed shares fell 19% in the final quarter of 2024, weighed by overall weak sentiment on Chinese tech stocks during the period. The stock has since regained ground, rising about 18% year to date amid optimism over homegrown AI startup DeepSeek and Beijing's more favorable stance toward private enterprises.

WHAT TO WATCH:

--SALES: JD.com's fourth-quarter revenue was likely boosted by sales of home appliances and electronic goods, thanks to China's efforts to encourage consumer product trade-ins, Nomura analysts said in a recent note. The company's revenue from sales of electronic goods likely rose 10% for the quarter, accelerating from a 3% increase in the previous quarter, they said.

--GOVERNMENT STIMULUS: The online retailer is well positioned to further outperform the industry in 2025, Deutsche Bank's Jessie Xu wrote in a note. With Beijing likely to offer more support to boost consumption this year, and the stimulus program expected to cover a wider range of consumer goods, JD stands to be one of the largest beneficiaries, the analyst said.

Write to Jiahui Huang at jiahui.huang@wsj.com

(END) Dow Jones Newswires

March 04, 2025 01:44 ET (06:44 GMT)

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