Overview Dividends

(JD) JD.com - Ratings and Ratios

Exchange: NASDAQ • Country: China • Currency: USD • Type: Common Stock • ISIN: US47215P1066

Electronics, Appliances, Groceries, Apparel, Logistics

JD EPS (Earnings per Share)

EPS Growth (3Y CAGR): -8.83%
EPS Trend (3Y Correlation): 14.1%

JD Revenue

Revenue Growth (3Y CAGR): 0.44%
Revenue Trend (3Y Correlation): 54.5%

Risk via 10d forecast
Volatility	45.3%
Value at Risk 5%th	64.4%
Relative Tail Risk	-10.23%

Reward TTM
Sharpe Ratio	-0.10
Alpha	-25.74

Character TTM
Hurst Exponent	0.384
Beta	0.777
Beta Downside	0.861

Drawdowns 3y
Max DD	67.09%
Mean DD	44.90%
Median DD	46.38%

Description: JD JD.com September 29, 2025

JD.com, Inc. (NASDAQ: JD) is a China-based, supply-chain-focused technology and services company that segments its operations into JD Retail, JD Logistics, and New Businesses. The firm sells a broad catalogue-including electronics, home appliances, fresh food, apparel, and healthcare items-both directly and via an online marketplace for third-party merchants, while also offering marketing, omni-channel, and online healthcare services. In addition, JD.com builds, owns, and manages logistics infrastructure and real-estate assets, providing storage leasing, asset-management, and technology-driven supply-chain solutions to external partners.

As of the latest FY 2023 filing, JD.com reported revenue of roughly ¥1.1 trillion (≈ US$155 bn) and a year-over-year GMV growth of about 12 %, driven in part by a 15 % increase in active customers and a 20 % expansion of its logistics network to over 1,200 cities. The company’s logistics arm now operates more than 1,000 automated warehouses and a fleet of over 10,000 electric delivery vehicles, positioning it to capture a larger share of China’s “new retail” shift toward faster, same-day fulfillment. Macro-level drivers include China’s rising middle-class consumption, government incentives for domestic supply-chain resilience, and the broader e-commerce sector’s transition toward integrated offline-online experiences, which together set a baseline growth ceiling of roughly 10-15 % CAGR for the next three years, assuming stable regulatory conditions.

For a deeper, data-rich assessment of JD.com’s valuation dynamics and scenario modeling, you might find the analytical tools on ValueRay worth exploring.

JD Stock Overview

Market Cap in USD	46,425m
Sub-Industry	Broadline Retail
IPO / Inception	2014-05-22
Return 12m vs S&P 500	-24.9%
Analyst Rating	4.66 of 5

JD Dividends

Dividend Yield	3.32%
Yield on Cost 5y	1.25%
Yield CAGR 5y	-22.75%
Payout Consistency	86.5%
Payout Ratio	4.0%

JD Growth Ratios

CAGR 3y	-15.62%
CAGR/Max DD Calmar Ratio	-0.23
CAGR/Mean DD Pain Ratio	-0.35
Current Volume	16368.8k
Average Volume	10591.3k

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (32.20b TTM) > 0 and > 6% of Revenue (6% = 78.23b TTM)

FCFTA 0.00 (>2.0%) and ΔFCFTA -5.46pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 4.81% (prev 4.07%; Δ 0.74pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.03 (>3.0%) and CFO 23.00b <= Net Income 32.20b (YES >=105%, WARN >=100%)

Net Debt (-980.0m) to EBITDA (36.08b) ratio: -0.03 <= 3.0 (WARN <= 3.5)

Current Ratio 1.20 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (1.48b) change vs 12m ago -2.21% (target <= -2.0% for YES)

Gross Margin 12.73% (prev 14.02%; Δ -1.29pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 192.1% (prev 173.7%; Δ 18.44pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 13.55 (EBITDA TTM 36.08b / Interest Expense TTM 2.17b) >= 6 (WARN >= 3)

Altman Z'' 1.84

(A) 0.09 = (Total Current Assets 379.26b - Total Current Liabilities 316.55b) / Total Assets 713.53b

(B) 0.12 = Retained Earnings (Balance) 83.26b / Total Assets 713.53b

(D) 0.57 = Book Value of Equity 231.93b / Total Liabilities 409.11b

Total Rating: 1.84 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 63.47

1. Piotroski 4.0pt = -1.0

2. FCF Yield 0.51% = 0.25

3. FCF Margin 0.09% = 0.02

4. Debt/Equity 0.48 = 2.39

5. Debt/Ebitda -0.03 = 2.50

6. ROIC - WACC (= 2.69)% = 3.36

7. RoE 13.81% = 1.15

8. Rev. Trend 54.47% = 4.09

9. EPS Trend 14.11% = 0.71

What is the price of JD shares?

As of November 18, 2025, the stock is trading at USD 29.54 with a total of 16,368,817 shares traded.
Over the past week, the price has changed by -5.95%, over one month by -10.67%, over three months by -7.02% and over the past year by -13.97%.

Is JD.com a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, JD.com is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 63.47 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of JD is around 24.52 USD . This means that JD is currently overvalued and has a potential downside of -16.99%.

Is JD a buy, sell or hold?

JD.com has received a consensus analysts rating of 4.66. Therefore, it is recommended to buy JD.

Strong Buy: 28
Buy: 7
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the JD price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	44.6	50.9%
Analysts Target Price	44.6	50.9%
ValueRay Target Price	26.9	-8.9%

JD Fundamental Data Overview November 15, 2025

Market Cap CNY = 329.58b (46.43b USD * 7.0992 USD.CNY)
P/E Trailing = 8.5543
P/E Forward = 9.0416
P/S = 0.0367
P/B = 1.3889
P/EG = 1.2717
Beta = 0.413
Revenue TTM = 1303.79b CNY
EBIT TTM = 29.39b CNY
EBITDA TTM = 36.08b CNY
Long Term Debt = 56.48b CNY (from longTermDebt, last fiscal year)
Short Term Debt = 29.51b CNY (from shortTermDebt, last quarter)
Debt = 112.09b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -980.0m CNY (from netDebt column, last quarter)
Enterprise Value = 243.40b CNY (329.58b + Debt 112.09b - CCE 198.27b)
Interest Coverage Ratio = 13.55 (Ebit TTM 29.39b / Interest Expense TTM 2.17b)
FCF Yield = 0.51% (FCF TTM 1.23b / Enterprise Value 243.40b)
FCF Margin = 0.09% (FCF TTM 1.23b / Revenue TTM 1303.79b)
Net Margin = 2.47% (Net Income TTM 32.20b / Revenue TTM 1303.79b)
Gross Margin = 12.73% ((Revenue TTM 1303.79b - Cost of Revenue TTM 1137.83b) / Revenue TTM)
Gross Margin QoQ = 9.52% (prev 15.88%)
Tobins Q-Ratio = 0.34 (Enterprise Value 243.40b / Total Assets 713.53b)
Interest Expense / Debt = 0.57% (Interest Expense 643.0m / Debt 112.09b)
Taxrate = 3.80% (252.0m / 6.63b)
NOPAT = 28.28b (EBIT 29.39b * (1 - 3.80%))
Current Ratio = 1.20 (Total Current Assets 379.26b / Total Current Liabilities 316.55b)
Debt / Equity = 0.48 (Debt 112.09b / totalStockholderEquity, last quarter 231.93b)
Debt / EBITDA = -0.03 (Net Debt -980.0m / EBITDA 36.08b)
Debt / FCF = -0.79 (Net Debt -980.0m / FCF TTM 1.23b)
Total Stockholder Equity = 233.19b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.51% (Net Income 32.20b / Total Assets 713.53b)
RoE = 13.81% (Net Income TTM 32.20b / Total Stockholder Equity 233.19b)
RoCE = 10.15% (EBIT 29.39b / Capital Employed (Equity 233.19b + L.T.Debt 56.48b))
RoIC = 9.46% (NOPAT 28.28b / Invested Capital 299.06b)
WACC = 6.77% (E(329.58b)/V(441.67b) * Re(8.88%) + D(112.09b)/V(441.67b) * Rd(0.57%) * (1-Tc(0.04)))
Discount Rate = 8.88% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -3.18%
[DCF Debug] Terminal Value 75.62% ; FCFE base≈15.24b ; Y1≈15.55b ; Y5≈17.18b
Fair Price DCF = 183.4 (DCF Value 260.12b / Shares Outstanding 1.42b; 5y FCF grow 1.87% → 3.0% )
EPS Correlation: 14.11 | EPS CAGR: -8.83% | SUE: 0.39 | # QB: 0
Revenue Correlation: 54.47 | Revenue CAGR: 0.44% | SUE: 0.02 | # QB: 0

Additional Sources for JD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle