JD.com Inc. Working Capital to Net Assets Ratio
JD.com Inc. 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. Check 013C goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of JD.com Inc. (2019–2024)
Working capital to net assets ratio of JD.com Inc. from 2019 to 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 013C defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
JD.com Inc. Working Capital to Net Assets Ratio by Year (2019–2024)
JD.com Inc. working capital to net assets ratio by year from 2019 to 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 the complete balance sheet picture, see 013C current and non-current assets.
| 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 | — |