Growth Metrics

JD.com (JD) Equity Ratio (2013 - 2026)

JD.com (JD) reported Equity Ratio of 0.41 for Q1 2026, down 10.02% year-over-year from 0.45 in Q1 2025, and down 3.12% on a QoQ basis from 0.42 in Q4 2025.

JD.com (JD) has 14 years of Equity Ratio data on file, last reported at 0.41 in Q1 2026.

  • Quarterly Equity Ratio fell 10.02% year-over-year to 0.41 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.41 (down 10.02% YoY) and the FY2025 annual result came in at 0.32, down 27.75% from the prior year.
  • Equity Ratio slipped to 0.41 in Q1 2026 per JD's latest filing, from 0.42 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.5 in Q1 2023 and bottomed at 0.37 in Q4 2023.
  • The 5-year median for Equity Ratio is 0.45 (2024), against an average of 0.45.
  • The widest annual swing landed in 2023, when Equity Ratio slipped 19.78%; it then grew 21.53% in 2024.
  • Tracing JD's Equity Ratio over 5 years: stood at 0.46 in 2022, then retreated by 19.78% to 0.37 in 2023, then advanced by 21.53% to 0.45 in 2024, then dropped by 5.67% to 0.42 in 2025, then slipped by 3.12% to 0.41 in 2026.
  • Per Business Quant, the three latest JD Equity Ratio figures stand at 0.41 (Q1 2026), 0.42 (Q4 2025), and 0.43 (Q3 2025).

Historic Data

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DateValue
Mar 31, 2026 0.41
Dec 31, 2025 0.42
Sep 30, 2025 0.43
Jun 30, 2025 0.42
Mar 31, 2025 0.45
Dec 31, 2024 0.45
Sep 30, 2024 0.46
Jun 30, 2024 0.44
Mar 31, 2024 0.48
Dec 31, 2023 0.37
Sep 30, 2023 0.48
Jun 30, 2023 0.47
Mar 31, 2023 0.50
Dec 31, 2022 0.46
Dec 31, 2021 0.49
Dec 31, 2020 0.48
Mar 31, 2020 0.33
Dec 31, 2019 0.33
Sep 30, 2019 0.32
Dec 31, 2018 0.29
Dec 31, 2017 0.28
Jun 30, 2017 0.28
Mar 31, 2017 0.21
Dec 31, 2016 0.21
Sep 30, 2016 0.25
Jun 30, 2016 0.29
Mar 31, 2016 0.30
Dec 31, 2015 0.36
Sep 30, 2015 0.44
Jun 30, 2015 0.45
Mar 31, 2015 0.53
Dec 31, 2014 0.56
Sep 30, 2014 0.57
Jun 30, 2014 0.59
Dec 31, 2013 0.08