JD.com Ratios and Metrics

Market cap in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	292,899	316,983	390,349	355,114	685,161	839,323
Market Cap Growth	-40.88%	-18.80%	9.92%	-48.17%	-18.37%	-20.54%
Enterprise Value	192,962	224,798	351,857	241,303	593,313	695,448
Last Close Price	108.60	111.60	132.56	106.65	205.76	250.07
PE Ratio	13.41	14.51	8.87	13.34	58.39	-
PS Ratio	0.20	0.22	0.32	0.30	0.58	0.72
PB Ratio	0.90	0.97	1.17	1.09	2.21	2.77
P/TBV Ratio	1.71	1.85	2.17	1.95	4.12	3.88
P/FCF Ratio	-	-	9.04	8.26	15.96	26.03
P/OCF Ratio	13.86	15.00	6.31	5.42	10.48	16.16
EV/Sales Ratio	0.13	0.15	0.28	0.20	0.50	0.60
EV/EBITDA Ratio	4.98	15.03	6.82	5.89	20.52	58.98
EV/EBIT Ratio	14.71	54.75	8.36	7.58	28.61	167.92
EV/FCF Ratio	-26.76	-	8.15	5.61	13.82	21.57
Debt / Equity Ratio	0.37	0.37	0.29	0.23	0.24	0.14
Debt / EBITDA Ratio	4.03	4.03	1.46	1.36	1.74	1.76
Debt / FCF Ratio	-	-	2.21	1.75	1.71	1.30
Net Debt / Equity Ratio	-0.54	-0.54	-0.46	-0.41	-0.56	-0.61
Net Debt / EBITDA Ratio	-11.76	-11.76	-2.97	-3.27	-6.06	-15.74
Net Debt / FCF Ratio	24.38	24.38	-3.55	-3.12	-4.08	-5.76
Asset Turnover	1.88	1.88	1.75	1.77	1.92	2.07
Inventory Turnover	12.85	12.85	13.28	13.55	12.53	13.11
Quick Ratio	0.79	0.79	0.88	0.80	0.93	0.92
Current Ratio	1.22	1.22	1.29	1.16	1.32	1.35
Return on Equity (ROE)	7.62%	7.62%	14.65%	8.15%	3.72%	-1.91%
Return on Assets (ROA)	0.33%	0.33%	3.73%	2.95%	2.10%	0.46%
Return on Invested Capital (ROIC)	1.66%	1.89%	19.95%	14.46%	11.94%	3.34%
Return on Capital Employed (ROCE)	0.90%	0.90%	9.90%	8.00%	5.60%	1.20%
Earnings Yield	7.46%	6.89%	11.28%	7.50%	1.71%	-0.52%
FCF Yield	-2.46%	-2.27%	11.06%	12.11%	6.26%	3.84%
Dividend Yield	3.58%	6.97%	5.86%	5.57%	2.35%	-
Payout Ratio	27.08%	-	19.98%	27.89%	106.81%	-
Buyback Yield / Dilution	3.19%	3.19%	2.98%	0.33%	-2.36%	0.05%
Total Shareholder Return	6.77%	10.16%	8.84%	5.89%	-0.01%	0.05%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.