2618:TWSEEva Airways Corporation Analysis

JD Logistics (2618) trades at a deep discount – the current price of HK$13.64 implies a trailing P/E of about 11.5 versus an industry average of 29, and a DCF‑derived fair value near HK$82, suggesting roughly 24% upside. Revenue is growing at 22% YoY with solid free cash flow generation, while the balance sheet is net‑cash positive (cash exceeds debt). Technically, the stock sits above its 20‑day SMA (11.77) and 50‑day SMA (11.56), the MACD histogram is positive and the signal line is bullish, and RSI sits at 68, indicating momentum but no immediate overbought condition. Volume is accelerating and the price remains comfortably above the support level of HK$10.20, though it faces resistance near HK$14.25.
Overall, the combination of strong cash generation, attractive valuation multiples, and bullish technical cues under a low‑beta profile points to an attractive entry point, especially given the “Greed” sentiment on the Fear & Greed Index (72.9).