JD Health International Earnings Call Transcripts
Fiscal Year 2025
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Revenue grew 26.3% year-over-year to RMB 73.4 billion in 2025, with non-IFRS profit up 36.3% to RMB 6.5 billion and gross margin improving to 24.8%. Strategic AI investments, new drug launches, and omnichannel expansion drove growth, with significant market potential ahead.
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Revenue grew 24.5% year-over-year to RMB 35.3 billion, with non-GAAP net profit up 35%. AI-driven services and omnichannel retail expansion fueled user growth to 200 million, while gross margin and operating efficiency improved.
Fiscal Year 2024
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Revenue grew 8.6% to RMB 58.16 billion in 2024, with net profit up 15.9% and active users surpassing 183 million. The company expanded its omnichannel and AI-driven healthcare services, expects double-digit revenue growth in 2025, and continues to lead in B2C pharmaceuticals.
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Revenue grew 4.6% year-over-year to RMB 28.3 billion, with strong gains in core pharmaceuticals, service revenue, and user base. Gross margin and net profit reached record highs, driven by omni-channel expansion, digital innovation, and favorable policy support.