Baozun (BZUN) Equity Ratio (2014 - 2025)

Baozun (BZUN) recorded quarterly Equity Ratio of 0.38 in Q4 2025, down 32.66% quarter-over-quarter from 0.56 in Q3 2025, and down 1.98% on a YoY basis from 0.38 in Q4 2024.

Baozun (BZUN) Equity Ratio (2014 - 2025) Analysis & Trends

Baozun's Equity Ratio history runs 12 years deep, the most recent figure standing at 0.38 for Q4 2025.

  • In Q4 2025, Equity Ratio fell 1.98% year-over-year to 0.38; the TTM figure through Dec 2025 stood at 0.38 (down 1.98% YoY), while the FY2025 annual figure was 0.38, down 1.98% from the prior year.
  • Equity Ratio was 0.38 for Q4 2025 at Baozun, down from 0.56 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.56 in Q3 2025 to a low of 0.38 in Q4 2025.
  • Historically, Equity Ratio has averaged 0.42 across 5 years, with a median of 0.41 in 2021.
  • The sharpest annual moves came in 2021 and 2022: Equity Ratio declined 29.86% in 2021, then increased 1.94% in 2022.
  • A 5-year view of Equity Ratio shows it stood at 0.41 in 2021, then gained by 1.94% to 0.42 in 2022, then retreated by 2.71% to 0.41 in 2023, then decreased by 5.87% to 0.38 in 2024, then declined by 1.98% to 0.38 in 2025.
  • The last three Equity Ratio figures came in at 0.38 (Q4 2025), 0.56 (Q3 2025), and 0.41 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 0.48
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 0.16
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 0.52
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 0.66
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 0.25
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 0.23
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -0.99
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 0.68
10 Baozun 68.96 Mn -98.13 Mn 243.45 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.38
Sep 30, 2025 0.56
Mar 31, 2025 0.41
Dec 31, 2024 0.38
Dec 31, 2023 0.41
Sep 30, 2023 0.43
Dec 31, 2022 0.42
Dec 31, 2021 0.41
Dec 31, 2020 0.59
Dec 31, 2019 0.37
Dec 31, 2018 0.55
Dec 31, 2017 0.61
Dec 31, 2016 0.66
Dec 31, 2015 0.65
Sep 30, 2015 0.71
Dec 31, 2014 -0.37