JD.com Inc. (013C) — Working Capital to Net Assets Ratio
JD.com Inc. (013C) has a Working Capital to Net Assets ratio of 20.6% as of September 2025. Working capital of €62.72 Billion (current assets of €379.26 Billion minus current liabilities of €316.55 Billion) is measured against net assets of €304.42 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 013C FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
JD.com Inc. Working Capital to Net Assets (2019–2024)
This chart shows how JD.com Inc.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 20.6%, reflecting working capital of €62.72 Billion against net assets of €304.42 Billion EUR. See how many days can JD.com Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for JD.com Inc. (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for JD.com Inc. from 2019 to 2024, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of JD.com Inc..
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 27.8% | €87.18 Billion | €313.30 Billion | €386.70 Billion | €299.52 Billion | ▲ +13.6 pp |
| 2023 | 14.2% | €42.16 Billion | €296.38 Billion | €307.81 Billion | €265.65 Billion | ▼ -16.6 pp |
| 2022 | 30.8% | €84.51 Billion | €274.12 Billion | €351.07 Billion | €266.56 Billion | ▼ -0.8 pp |
| 2021 | 31.6% | €78.04 Billion | €246.78 Billion | €299.67 Billion | €221.64 Billion | ▲ +4.2 pp |
| 2020 | 27.4% | €60.78 Billion | €221.62 Billion | €234.80 Billion | €174.02 Billion | ▲ +28.3 pp |
| 2019 | -0.9% | €-922.46 Million | €100.62 Billion | €139.09 Billion | €140.02 Billion | — |