Baozun (BZUN) Debt to Equity (2015 - 2025)

Baozun (BZUN) recorded quarterly Debt to Equity of $0.33 in Q4 2025, up 44.9% quarter-over-quarter from $0.23 in Q3 2025, and up 6.29% on a YoY basis from $0.31 in Q4 2024.

Baozun (BZUN) Debt to Equity (2015 - 2025) Analysis & Trends

Baozun's Debt to Equity history runs 10 years deep, the most recent figure standing at $0.33 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 6.29% year-over-year to $0.33; the TTM figure through Dec 2025 stood at $0.33 (up 6.29% YoY), while the FY2025 annual figure was $0.32, up 961079.46% from the prior year.
  • Debt to Equity was $0.33 for Q4 2025 at Baozun, up from $0.23 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.45 in Q4 2021 to a low of $0.09 in Q4 2022.
  • Historically, Debt to Equity has averaged $0.29 across 5 years, with a median of $0.31 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity sank 80.97% in 2022, then soared 203.79% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.45 in 2021, then tumbled by 80.97% to $0.09 in 2022, then jumped by 203.79% to $0.26 in 2023, then increased by 19.3% to $0.31 in 2024, then grew by 6.29% to $0.33 in 2025.
  • The last three Debt to Equity figures came in at $0.33 (Q4 2025), $0.23 (Q3 2025), and $0.38 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 0.27
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 1.36
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn -
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn -
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 1.53
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 0.43
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -1.03
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn -
10 Baozun 68.96 Mn -98.13 Mn 243.45 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.33
Sep 30, 2025 0.23
Mar 31, 2025 0.38
Dec 31, 2024 0.31
Dec 31, 2023 0.26
Dec 31, 2022 0.09
Dec 31, 2021 0.45
Dec 31, 2020 0.29
Dec 31, 2019 0.88
Dec 31, 2018 0.04
Dec 31, 2017 0.09
Dec 31, 2015 0.01