Stocktoria
JD.com, Inc. 9618.HK
JD.com, Inc. statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
JD.com, Inc. trades at about 15.4× earnings — below its 10-year norm (10-year range 11.4×–72.1×, median 17.4×).
Shaded band = 10-year range (11.4×–72.1×); dot = today's 15.4×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 16.0% | 15.9% | 14.7% | 14.1% |
| Operating margin | 0.3% | 3.4% | 2.7% | 1.8% |
| Net margin | 1.5% | 3.6% | 2.2% | 1.0% |
| FCF margin | 0.4% | 3.8% | 3.6% | 3.3% |
| Return on assets | 2.8% | 5.9% | 3.8% | 1.7% |
| Return on equity | 8.7% | 17.3% | 10.4% | 4.9% |
| Debt / equity | 0.28× | 0.24× | 0.18× | 0.14× |
| Current ratio | 1.22 | 1.29 | 1.16 | 1.32 |
Computed from company filings · HK · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.