=JD.com (JD) reported earnings on Tue 15 November 2016 (b/o)

JD.com beats by CNY0.17, reports revs in-line; guides Q4 revs above consensus :

• Reports Q3 (Sep) loss of CNY0.20 per share, CNY0.17 better than the Capital IQ Consensus of (CNY0.37); revenues rose 36.9% year/year to CNY60.4 bln vs the CNY60.23 bln Capital IQ Consensus.
  • GMV for the third quarter of 2016 increased by 43% to RMB158.8 billion ($23.8 billion) from the core GMV (excluding Paipai.com) of RMB111.0 billion in the third quarter of 2015. GMV excluding virtual items for the third quarter of 2016 totaled RMB155.6 billion ($23.3 billion), up 47% from the third quarter of 2015.
  • Annual active customer accounts increased by 57% to 198.7 million in the twelve months ended September 30, 2016 from 126.9 million in the twelve months ended September 30, 2015, excluding unique customers from Paipai.com.
  • Fulfilled orders excluding virtual items in the third quarter of 2016 were 401.2 million, an increase of 55% from 258.1 million orders fulfilled for the core business excluding virtual items in the same period in 2015. Fulfilled orders placed through mobile accounted for ~79.7% of total orders fulfilled in the third quarter of 2016, an increase of more than 110% compared to the same period in 2015.
• Co issues upside guidance for Q4, sees Q4 revs of CNY75-77.5 bln vs. CNY72.35 bln Capital IQ Consensus Estimate.