JD.com, Inc. (JD) stock

JDNasdaqRetail-Retail Stores, NECFiscal year ends December 31Also trades as JDCMF

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 16, 2026Score 7/30

$27.49−0.36 (-1.29%)

Close on Nov 12, 2026Market cap $37.77BP/E 14.2Yield –

JD.com statistics

90 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: Apr 9, 2026
Fundamentals through: Dec 31, 2025
Share price as of: –

Valuation ratiosIndustry

Market Cap: CN¥252.17B; CN¥1.49B
Enterprise Value: CN¥118.90B; CN¥583.83M
PE Ratio: 14.23; –
PS Ratio: 0.19; 0.26
PB Ratio: 1.12; 0.95
P/TBV Ratio: 1.32; 1.08
P/FCF Ratio: 22.58; 7.56
P/OCF Ratio: 13.28; 5.99

Enterprise valuationIndustry

EV / Sales: 0.09; 0.04
EV / EBITDA: 9.50; 4.99
EV / EBIT: 42.86; 9.15
EV / FCF: 10.65; 4.00

Share statisticsIndustry

Shares Outstanding: 2.75B; 349M
Shares Change (YoY): -3.19%; 0.25%
Float: 2.39B; 200M
Shares Held by Insiders: 13.2%; 20.1%
Shares Held by Institutions: 7.17%; 3.64%

Short sellingIndustry

Short Interest: 22M; –
Short Interest Change: 5.83%; -8.45%
Days to Cover: 2.70; 2.25

Stock price statisticsIndustry

Price Change (1 Week): -4.02%; 1.16%
Price Change (1 Month): 3.04%; -3.02%
Price Change (3 Months): -5.40%; -15.2%
Price Change (6 Months): -16.3%; -27.5%
Price Change (YTD): -4.22%; -26.9%
Price Change (1 Year): -13.0%; -30.3%
Price Change (3 Years): 6.76%; -19.9%
Price Change (5 Years): -68.0%; -93.6%
Price Change (10 Years): 14.4%; –
Average Volume (10 Days): 10M; –
Average Volume (20 Days): 9M; –
Average Volume (90 Days): 8M; –
Relative Volume: 1.22; 0.73
Relative Strength Index (14): 53.5; 44.1
Volatility (1 Year): 30.0%; 69.7%
Beta (5 Years): 0.76; 0.76

MarginsIndustry

Gross Margin: 16.0%; 26.3%
Operating Margin: 0.21%; -3.57%
Pretax Margin: 1.93%; -1.11%
EBITDA Margin: 0.96%; -3.38%
FCF Margin: 0.85%; 0.85%

Returns on capitalIndustry

Return on Invested Capital (ROIC): 12.8%; 1.87%
Return on Capital Employed (ROCE): 0.71%; 0.71%

Financial positionIndustry

Current Ratio: 1.22; 1.28
Quick Ratio: 0.79; 0.87
Debt / Equity: 0.05; 0.09
Debt / EBITDA: 0.90; 2.35
Debt / FCF: 1.00; 1.64
Net Debt / EBITDA: -16.13; -9.37
Interest Coverage: 0.99; 0.99

GrowthIndustry

Revenue Growth (YoY): 13.0%; 1.62%
EPS Growth (YoY): -52.0%; –
FCF Growth (YoY): -78.8%; -67.9%
Revenue Growth (3Y CAGR): 7.76%; 0.19%
Revenue Growth (5Y CAGR): 11.9%; 2.36%
EPS Growth (3Y CAGR): 26.2%; –
EPS Growth (5Y CAGR): -16.4%; –

EfficiencyIndustry

Asset Turnover: 1.88; 1.44
Inventory Turnover: 11.90; 9.92
Revenue Per Employee: CN¥13.09M; CN¥6.83M
Employee Count: 100,000; 368
WACC: 8.91%; 7.95%

Income statement (TTM)Industry

Revenue: CN¥1.31T; CN¥5.27B
Gross Profit: CN¥210.03B; CN¥197.25M
Operating Income: CN¥2.77B; -CN¥2.38M
Pretax Income: CN¥25.32B; -CN¥22.50M
EBITDA: CN¥12.52B; CN¥9.46M
EPS (Diluted): 6.45 CNY; -0.07 CNY

Balance sheetIndustry

Cash & Short-Term Investments: CN¥213.23B; CN¥566.32M
Total Debt: CN¥11.21B; CN¥412.31M
Net Cash (Debt): CN¥202.02B; CN¥566.32M
Net Cash Per Share: 73.51 CNY; 4.15 CNY
Equity (Book Value): CN¥225.04B; CN¥988.01M
Book Value Per Share: 81.89 CNY; 7.22 CNY
Tangible Book Value: CN¥191.03B; CN¥903.00M
Working Capital: CN¥68.35B; CN¥245.52M

Cash flow (TTM)Industry

Operating Cash Flow: CN¥18.99B; CN¥532.00K
Capital Expenditures: -CN¥7.82B; -CN¥87.67M
Free Cash Flow: CN¥11.17B; CN¥42.17M
FCF Per Share: 4.06 CNY; 0.15 CNY

Dividends and yieldsIndustry

FCF Yield: 4.43%; -2.63%
Buyback Yield: 8.50%; 0.38%
Shareholder Yield: 8.50%; 0.38%
FCF Payout Ratio: 92.9%; –

Taxes and interestIndustry

Interest Expense: CN¥2.80B; CN¥16.79M
Income Tax: CN¥2.18B; CN¥1.27M
Effective Tax Rate: 8.61%; –

Scores and fair valueIndustry

Graham Number: 109.01 CNY; –
Graham Upside: 18.8%; –
Altman Z-Score: 2.56; 1.10

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	JD	S&P 500	Difference	JD per year	S&P 500 per year
1 month	+2.9%	-2.7%	+5.6 pts
3 months	-13.0%	-1.7%	−11.3 pts
Year to date	-0.8%	+11.9%	−12.7 pts
1 year	-8.9%	+12.0%	−20.9 pts
3 years	+17.0%	+78.2%	−61.1 pts	+5.4%	+21.2%
5 years	-63.5%	+73.2%	−136.7 pts	-18.3%	+11.6%
10 years	+30.5%	+309.6%	−279.1 pts	+2.7%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

22M JD shares were sold short on Oct 30, 2026, up 5.8% from the previous report. At recent volumes it would take 2.7 days to buy them back. Over the last 20 sessions, 42.9% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	21,665,507	+5.8%	8,030,533	2.7
Oct 15, 2026	20,471,781	-0.3%	7,861,444	2.6
Sep 30, 2026	20,540,845	-13.6%	5,855,436	3.5
Sep 15, 2026	23,784,747	-0.9%	6,003,350	4.0
Aug 31, 2026	23,989,784	+5.4%	6,186,374	3.9
Aug 14, 2026	22,752,370	-14.4%	10,514,674	2.2
Jul 31, 2026	26,584,746	-17.3%	7,897,898	3.4
Jul 15, 2026	32,163,620	+5.2%	7,532,264	4.3
Jun 30, 2026	30,581,710	-1.8%	10,043,930	3.0
Jun 15, 2026	31,139,755	-1.5%	6,913,010	4.5
May 29, 2026	31,621,554	+7.5%	9,409,082	3.4
May 15, 2026	29,401,902	+6.9%	12,784,448	2.3