JD Logistics reports key Deppon financials: FY2024 and Q1 2025

JD Logistics, Inc. (HKEX: 2618) has released key financial information regarding its subsidiary, Deppon Logistics Co., Ltd., for the year ended December 31, 2024, and the first quarter of 2025. For the full year 2024, Deppon reported revenue of CNY40,362,717,665.64, an 11.26% increase compared to 2023. Net profit attributable to shareholders reached CNY860,603,601.89, a 15.41% rise. Basic earnings per share were reported as CNY0.85. Total assets as of December 31, 2024, were valued at CNY16,969,516,203.37. For the first quarter of 2025, Deppon's revenue reached CNY10,406,533,961.62, an 11.96% increase YoY. However, Deppon reported a net loss attributable to shareholders of CNY(68,376,050.61), a turnaround from the profit of CNY92,791,928.12 in the same period last year. Basic loss per share was CNY(0.07). Total assets decreased slightly to CNY16,409,641,548.77. Shareholders and investors are advised to exercise caution and note that the financials are prepared under PRC accounting standards and reflect only Deppon's operations, not the entire JD Logistics Group.