JD.com, Inc. (JD) Equity Ratio (2013 - 2025)

JD.com has disclosed Equity Ratio across 14 years of filings, most recently posting 0.41 for Q1 2026.

• In Q1 2026, Equity Ratio fell 10.02% year-over-year to 0.41; the TTM figure through Mar 2026 stood at 0.41 (down 10.02% YoY), while the FY2025 annual figure was 0.32, down 27.75% from the prior year.
• Equity Ratio eased to 0.41 in Q1 2026, from 0.42 in the prior quarter.
• Over the last five years, Equity Ratio for JD reached as high as 0.5 in Q1 2023 and fell as low as 0.37 in Q4 2023.
• The 5-year median for Equity Ratio is 0.45 (2024), against an average of 0.45.
• Annual changes were most pronounced in 2023 — Equity Ratio declined 19.78% — and 2024, when it rose 21.53%.
• A 5-year view of Equity Ratio shows it stood at 0.46 in 2022, then slipped by 19.78% to 0.37 in 2023, then grew by 21.53% to 0.45 in 2024, then fell by 5.67% to 0.42 in 2025, then declined by 3.12% to 0.41 in 2026.
• According to Business Quant data, Equity Ratio over the past three periods registered 0.41, 0.42, and 0.43 for Q1 2026, Q4 2025, and Q3 2025 respectively.