Deppon Logistics reports significant swing to loss in Q3 2025

Deppon Logistics Co., Ltd., a subsidiary of JD Logistics, Inc., announced a net loss attributable to shareholders of 328.98 million yuan for the three months ended September 30, 2025, representing a 278.64% decrease compared to the same period last year. Loss before income tax also showed a significant turnaround, reaching 399.78 million yuan, a 279.23% decrease from a profit in the prior year. Basic and diluted loss per share both stood at 0.32 yuan, marking a substantial shift from earnings in the corresponding period of 2024.

For the nine months ended September 30, 2025, the net loss attributable to shareholders was 276.83 million yuan, a 153.54% decrease year-over-year. The weighted average negative return on net assets for the three months ended September 30, 2025, was 4.01%, indicating a turnaround from a positive return in the previous year. Total assets as of September 30, 2025, decreased by 4.88% to 16.14 bn yuan compared to December 31, 2024.

Shareholders and investors are reminded that this financial information, prepared under PRC Accounting Standards, is unaudited and pertains specifically to Deppon Group's operations, not the entire JD Logistics Group.