认为京东二季度财报差的
一点一滴方法
2017-10-27
$京东(JD)$进来给个理由,前提是仔细研究过财报的
免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
BYLORD
2017-10-28
BYLORD
最主要的是三季度毛利率会提高了。因为三季度没有大规模的促销活动,单品价格会较二季度提升。此外营销费用也会显著下降。但是最恐怖的事情是,GMV和活跃用户增速的放缓。如果盈利的同时增速下滑那也不会有好结果。东哥原来可能认为盈利不盈利无所谓,但是看到股价狂跌近200亿美金,一个苏宁被他跌完了,无论是自己内心还是投资人施压,也不能这么任性了吧。关键是10000万亿的GMV不盈利说不过去。
勇敢niuniu
:
营收看得是同比 应该会比去年同期好很多 毕竟618不是白做的 应该也会有提升
美股888
:
1万亿,不是10000万亿……
BYLORD
2017-10-28
BYLORD
大家一直说京东是重资产模式,其实自营模式对资金占用不大,全部都是压供应商的钱、只不过上市以后财大气粗才减少啊了资金占用。他的很多钱一方面是投资永辉,途牛易车压了不少钱,还有他的自建物流模式其实拿地成本非常低,也没有看出对他盈利能力太大的影响
BYLORD
回复
冰点
:
是的,最大的担忧就是要想盈利就少促销,少促销GMV就下滑。左右不好啊。你看京东现在做的事情什么京度计划,京条计划,惊奇计划,到现在和腾讯进一步紧密全方位合作,都是在买流量啊。所以很担心。
冰点
:
担心价格的提升,以及营销费用的减少,会影响到gmv,这样的财报的话盈利也尴尬。。。😂
BYLORD
2017-10-28
BYLORD
还有令人诟病的期权费用,我研究了下阿里,也非常高,但别人为股东赚了钱应该拿啊。京东这算什么,我看上市当年就给刘强东发了4个多亿美元的期权。这是搞啥啊。知道你们KPI考核不看重净利润,但你们也不能这样赤裸裸损害股东的利益啊。
BYLORD
2017-10-28
BYLORD
其实你们仔细看报表影响损益的还有一个人非常关键的因素、就是无形资产摊销。因为腾讯入股京东出了一个不竞争协议和导流支持,京东为此确认了大几十亿的无形资产,摊销期限非常短,所以一年确认费用十几个亿。这是影响损益的很大一块。
沙县国际CEO
2017-10-27
沙县国际CEO
主要是增速不如阿里
京东网易做为电商和游戏的第二梯队如果增速都比不过阿里腾讯..那只能越来越被巨头碾压
勇敢niuniu
回复
沙县国际CEO
:
天猫是平台上商家的gmv 京东基本是自营的gmv
沙县国际CEO
回复
勇敢niuniu
:
就单看天猫GMV同比增长49% 京东43.6% 这个能比不?
勇敢niuniu
:
两家公司模式不一样 不能这么比
做空分析师
2017-10-28
做空分析师
强东年初接受采访,问什么时候能盈利,他犹豫了一下然后肯定的说是今年。那么要达到这个目标,这次财报必须不能差了。不然下个季度赶上春节肯定更差了。
安静不急躁
:
堵不堵财报,至少提前埋伏,总比财报前一天进去好一点。。。
查看全部26条评论
APP内打开
发表看法
26
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":107399,"tweetId":"107399","gmtCreate":1509118696463,"gmtModify":1704882806545,"author":{"id":3457386573601328,"authorId":3457386573601328,"authorIdStr":"3457386573601328","name":"一点一滴方法","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":19,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"认为京东二季度财报差的","extraTitle":"","html":"<html><head></head><body><p>$京东(JD)$进来给个理由,前提是仔细研究过财报的</p></body></html>","htmlText":"<html><head></head><body><p>$京东(JD)$进来给个理由,前提是仔细研究过财报的</p></body></html>","text":"$京东(JD)$进来给个理由,前提是仔细研究过财报的","highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":26,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/107399","repostId":0,"isVote":1,"tweetType":1,"viewCount":70,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["JD"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":45,"xxTargetLangEnum":"ZH_CN"},"commentList":[{"id":482649,"gmtCreate":1509120860608,"gmtModify":1509120860608,"authorId":3450236830674516,"author":{"id":3450236830674516,"authorId":3450236830674516,"name":"BYLORD","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":0,"prevId":0,"content":"最主要的是三季度毛利率会提高了。因为三季度没有大规模的促销活动,单品价格会较二季度提升。此外营销费用也会显著下降。但是最恐怖的事情是,GMV和活跃用户增速的放缓。如果盈利的同时增速下滑那也不会有好结果。东哥原来可能认为盈利不盈利无所谓,但是看到股价狂跌近200亿美金,一个苏宁被他跌完了,无论是自己内心还是投资人施压,也不能这么任性了吧。关键是10000万亿的GMV不盈利说不过去。","text":"最主要的是三季度毛利率会提高了。因为三季度没有大规模的促销活动,单品价格会较二季度提升。此外营销费用也会显著下降。但是最恐怖的事情是,GMV和活跃用户增速的放缓。如果盈利的同时增速下滑那也不会有好结果。东哥原来可能认为盈利不盈利无所谓,但是看到股价狂跌近200亿美金,一个苏宁被他跌完了,无论是自己内心还是投资人施压,也不能这么任性了吧。关键是10000万亿的GMV不盈利说不过去。","html":"最主要的是三季度毛利率会提高了。因为三季度没有大规模的促销活动,单品价格会较二季度提升。此外营销费用也会显著下降。但是最恐怖的事情是,GMV和活跃用户增速的放缓。如果盈利的同时增速下滑那也不会有好结果。东哥原来可能认为盈利不盈利无所谓,但是看到股价狂跌近200亿美金,一个苏宁被他跌完了,无论是自己内心还是投资人施压,也不能这么任性了吧。关键是10000万亿的GMV不盈利说不过去。","likeSize":1,"commentSize":2,"subComments":[{"id":482768,"gmtCreate":1509123349252,"gmtModify":1509123349252,"authorId":35214578462463,"author":{"id":35214578462463,"authorId":35214578462463,"name":"勇敢niuniu","avatar":"https://static.tigerbbs.com/e7d929d1357a40ddf88e49426f1aecd9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":482649,"prevId":0,"content":"营收看得是同比 应该会比去年同期好很多 毕竟618不是白做的 应该也会有提升","text":"营收看得是同比 应该会比去年同期好很多 毕竟618不是白做的 应该也会有提升","html":"营收看得是同比 应该会比去年同期好很多 毕竟618不是白做的 应该也会有提升"},{"id":482694,"gmtCreate":1509121701569,"gmtModify":1509121701569,"authorId":3461531947655398,"author":{"id":3461531947655398,"authorId":3461531947655398,"name":"美股888","avatar":"https://static.tigerbbs.com/7de736245aa5826263d2bd80b02d4258","vip":1,"currentWearingBadge":{"badgeId":"228c86a078844d74991fff2b7ab2428d-2","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资总监虎","description":"证券账户累计交易金额达到30万美元","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.19%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":482649,"prevId":0,"content":"1万亿,不是10000万亿……","text":"1万亿,不是10000万亿……","html":"1万亿,不是10000万亿……"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":482659,"gmtCreate":1509121022916,"gmtModify":1509121022916,"authorId":3450236830674516,"author":{"id":3450236830674516,"authorId":3450236830674516,"name":"BYLORD","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":0,"prevId":0,"content":"大家一直说京东是重资产模式,其实自营模式对资金占用不大,全部都是压供应商的钱、只不过上市以后财大气粗才减少啊了资金占用。他的很多钱一方面是投资永辉,途牛易车压了不少钱,还有他的自建物流模式其实拿地成本非常低,也没有看出对他盈利能力太大的影响","text":"大家一直说京东是重资产模式,其实自营模式对资金占用不大,全部都是压供应商的钱、只不过上市以后财大气粗才减少啊了资金占用。他的很多钱一方面是投资永辉,途牛易车压了不少钱,还有他的自建物流模式其实拿地成本非常低,也没有看出对他盈利能力太大的影响","html":"大家一直说京东是重资产模式,其实自营模式对资金占用不大,全部都是压供应商的钱、只不过上市以后财大气粗才减少啊了资金占用。他的很多钱一方面是投资永辉,途牛易车压了不少钱,还有他的自建物流模式其实拿地成本非常低,也没有看出对他盈利能力太大的影响","likeSize":1,"commentSize":2,"subComments":[{"id":482687,"gmtCreate":1509121480067,"gmtModify":1509121480067,"authorId":3450236830674516,"author":{"id":3450236830674516,"authorId":3450236830674516,"name":"BYLORD","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3452250556332204,"repliedAuthor":{"id":3452250556332204,"authorId":3452250556332204,"name":"冰点","avatar":"https://static.laohu8.com/904205ea8f9c1a285e6f88e021553235","vip":1,"currentWearingBadge":{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.26%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":107399,"type":1,"supId":482659,"prevId":482671,"content":"是的,最大的担忧就是要想盈利就少促销,少促销GMV就下滑。左右不好啊。你看京东现在做的事情什么京度计划,京条计划,惊奇计划,到现在和腾讯进一步紧密全方位合作,都是在买流量啊。所以很担心。","text":"是的,最大的担忧就是要想盈利就少促销,少促销GMV就下滑。左右不好啊。你看京东现在做的事情什么京度计划,京条计划,惊奇计划,到现在和腾讯进一步紧密全方位合作,都是在买流量啊。所以很担心。","html":"是的,最大的担忧就是要想盈利就少促销,少促销GMV就下滑。左右不好啊。你看京东现在做的事情什么京度计划,京条计划,惊奇计划,到现在和腾讯进一步紧密全方位合作,都是在买流量啊。所以很担心。"},{"id":482671,"gmtCreate":1509121230075,"gmtModify":1509121230075,"authorId":3452250556332204,"author":{"id":3452250556332204,"authorId":3452250556332204,"name":"冰点","avatar":"https://static.laohu8.com/904205ea8f9c1a285e6f88e021553235","vip":1,"currentWearingBadge":{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.26%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":482659,"prevId":0,"content":"担心价格的提升,以及营销费用的减少,会影响到gmv,这样的财报的话盈利也尴尬。。。😂","text":"担心价格的提升,以及营销费用的减少,会影响到gmv,这样的财报的话盈利也尴尬。。。😂","html":"担心价格的提升,以及营销费用的减少,会影响到gmv,这样的财报的话盈利也尴尬。。。😂"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":482680,"gmtCreate":1509121376580,"gmtModify":1509121376580,"authorId":3450236830674516,"author":{"id":3450236830674516,"authorId":3450236830674516,"name":"BYLORD","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":0,"prevId":0,"content":"还有令人诟病的期权费用,我研究了下阿里,也非常高,但别人为股东赚了钱应该拿啊。京东这算什么,我看上市当年就给刘强东发了4个多亿美元的期权。这是搞啥啊。知道你们KPI考核不看重净利润,但你们也不能这样赤裸裸损害股东的利益啊。","text":"还有令人诟病的期权费用,我研究了下阿里,也非常高,但别人为股东赚了钱应该拿啊。京东这算什么,我看上市当年就给刘强东发了4个多亿美元的期权。这是搞啥啊。知道你们KPI考核不看重净利润,但你们也不能这样赤裸裸损害股东的利益啊。","html":"还有令人诟病的期权费用,我研究了下阿里,也非常高,但别人为股东赚了钱应该拿啊。京东这算什么,我看上市当年就给刘强东发了4个多亿美元的期权。这是搞啥啊。知道你们KPI考核不看重净利润,但你们也不能这样赤裸裸损害股东的利益啊。","likeSize":3,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":482665,"gmtCreate":1509121151038,"gmtModify":1509121151038,"authorId":3450236830674516,"author":{"id":3450236830674516,"authorId":3450236830674516,"name":"BYLORD","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":0,"prevId":0,"content":"其实你们仔细看报表影响损益的还有一个人非常关键的因素、就是无形资产摊销。因为腾讯入股京东出了一个不竞争协议和导流支持,京东为此确认了大几十亿的无形资产,摊销期限非常短,所以一年确认费用十几个亿。这是影响损益的很大一块。","text":"其实你们仔细看报表影响损益的还有一个人非常关键的因素、就是无形资产摊销。因为腾讯入股京东出了一个不竞争协议和导流支持,京东为此确认了大几十亿的无形资产,摊销期限非常短,所以一年确认费用十几个亿。这是影响损益的很大一块。","html":"其实你们仔细看报表影响损益的还有一个人非常关键的因素、就是无形资产摊销。因为腾讯入股京东出了一个不竞争协议和导流支持,京东为此确认了大几十亿的无形资产,摊销期限非常短,所以一年确认费用十几个亿。这是影响损益的很大一块。","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":482568,"gmtCreate":1509119412423,"gmtModify":1509119412423,"authorId":3463745589431200,"author":{"id":3463745589431200,"authorId":3463745589431200,"name":"沙县国际CEO","avatar":"https://static.laohu8.com/7da412a5eb5686a794087f965d40419c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":0,"prevId":0,"content":"主要是增速不如阿里\n<br>京东网易做为电商和游戏的第二梯队如果增速都比不过阿里腾讯..那只能越来越被巨头碾压","text":"主要是增速不如阿里\n<br>京东网易做为电商和游戏的第二梯队如果增速都比不过阿里腾讯..那只能越来越被巨头碾压","html":"主要是增速不如阿里\n<br>京东网易做为电商和游戏的第二梯队如果增速都比不过阿里腾讯..那只能越来越被巨头碾压","likeSize":2,"commentSize":3,"subComments":[{"id":482829,"gmtCreate":1509124934040,"gmtModify":1509124934040,"authorId":35214578462463,"author":{"id":35214578462463,"authorId":35214578462463,"name":"勇敢niuniu","avatar":"https://static.tigerbbs.com/e7d929d1357a40ddf88e49426f1aecd9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3463745589431200,"repliedAuthor":{"id":3463745589431200,"authorId":3463745589431200,"name":"沙县国际CEO","avatar":"https://static.laohu8.com/7da412a5eb5686a794087f965d40419c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":107399,"type":1,"supId":482568,"prevId":482787,"content":"天猫是平台上商家的gmv 京东基本是自营的gmv","text":"天猫是平台上商家的gmv 京东基本是自营的gmv","html":"天猫是平台上商家的gmv 京东基本是自营的gmv"},{"id":482787,"gmtCreate":1509123689712,"gmtModify":1509123689712,"authorId":3463745589431200,"author":{"id":3463745589431200,"authorId":3463745589431200,"name":"沙县国际CEO","avatar":"https://static.laohu8.com/7da412a5eb5686a794087f965d40419c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":35214578462463,"repliedAuthor":{"id":35214578462463,"authorId":35214578462463,"name":"勇敢niuniu","avatar":"https://static.tigerbbs.com/e7d929d1357a40ddf88e49426f1aecd9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":107399,"type":1,"supId":482568,"prevId":482771,"content":"就单看天猫GMV同比增长49% 京东43.6% 这个能比不?","text":"就单看天猫GMV同比增长49% 京东43.6% 这个能比不?","html":"就单看天猫GMV同比增长49% 京东43.6% 这个能比不?"},{"id":482771,"gmtCreate":1509123412526,"gmtModify":1509123412526,"authorId":35214578462463,"author":{"id":35214578462463,"authorId":35214578462463,"name":"勇敢niuniu","avatar":"https://static.tigerbbs.com/e7d929d1357a40ddf88e49426f1aecd9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":482568,"prevId":0,"content":"两家公司模式不一样 不能这么比","text":"两家公司模式不一样 不能这么比","html":"两家公司模式不一样 不能这么比"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":482778,"gmtCreate":1509123504271,"gmtModify":1509123504271,"authorId":3437088287293499,"author":{"id":3437088287293499,"authorId":3437088287293499,"name":"做空分析师","avatar":"https://static.laohu8.com/8125b15c73cf8cf25df8c027e4eb5417","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":0,"prevId":0,"content":"强东年初接受采访,问什么时候能盈利,他犹豫了一下然后肯定的说是今年。那么要达到这个目标,这次财报必须不能差了。不然下个季度赶上春节肯定更差了。","text":"强东年初接受采访,问什么时候能盈利,他犹豫了一下然后肯定的说是今年。那么要达到这个目标,这次财报必须不能差了。不然下个季度赶上春节肯定更差了。","html":"强东年初接受采访,问什么时候能盈利,他犹豫了一下然后肯定的说是今年。那么要达到这个目标,这次财报必须不能差了。不然下个季度赶上春节肯定更差了。","likeSize":0,"commentSize":1,"subComments":[{"id":483153,"gmtCreate":1509161254562,"gmtModify":1509161254562,"authorId":210160840469333,"author":{"id":210160840469333,"authorId":210160840469333,"name":"安静不急躁","avatar":"https://static.tigerbbs.com/9ca8e12a367d145f004664f4d929ad10","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107399,"type":1,"supId":482778,"prevId":0,"content":"堵不堵财报,至少提前埋伏,总比财报前一天进去好一点。。。","text":"堵不堵财报,至少提前埋伏,总比财报前一天进去好一点。。。","html":"堵不堵财报,至少提前埋伏,总比财报前一天进去好一点。。。"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/107399"}
精彩评论
京东网易做为电商和游戏的第二梯队如果增速都比不过阿里腾讯..那只能越来越被巨头碾压