JD.com (JDCMF) Equity Ratio (2013 - 2026)
JD.com (JDCMF) 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 (JDCMF) 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 JDCMF'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 JDCMF'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 JDCMF Equity Ratio figures stand at 0.41 (Q1 2026), 0.42 (Q4 2025), and 0.43 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,907.49 Bn | 2,764.40 Bn | 171.21 Bn | 0.48 |
| 2 | Mercadolibre | 85.96 Bn | 80.31 Bn | 3.86 Bn | 0.16 |
| 3 | DoorDash | 69.36 Bn | 64.50 Bn | 2.04 Bn | 0.52 |
| 4 | PDD Holdings | 66.56 Bn | 41.90 Bn | 12.81 Bn | 0.66 |
| 5 | Ebay | 48.95 Bn | 45.09 Bn | 2.29 Bn | 0.25 |
| 6 | Coupang | 30.30 Bn | 30.21 Bn | 2.30 Bn | 0.23 |
| 7 | Maplebear | 9.52 Bn | 8.83 Bn | 738.00 Mn | 0.68 |
| 8 | Wayfair | 9.47 Bn | 8.40 Bn | 880.00 Mn | -0.99 |
| 9 | Chewy | 9.33 Bn | 8.46 Bn | 959.70 Mn | 0.15 |
| 10 | JD.com | - | - | 7.66 Bn | 0.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |