JD.com (MEX:9618N) Quick Ratio: 0.87 (As of Mar. 2026) — Near Median


MEX:9618N JD.com Inc MEX:9618N
70 GF Score
Price MXN228.64
GF Value MXN349.36
Valuation Significantly Undervalued
! 3 Warning Signs
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What is JD.com Quick Ratio?

JD.com MEX:9618N 70 Quick Ratio is 0.87 as of Mar. 2026, which is 3% below its 10-year median of 0.90. GuruFocus rates MEX:9618N with a GF Score™ of 70/100 and a GF Value™ of MXN349.36 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,132 Retail - Cyclical companies, JD.com ranks better than 50.27% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. JD.com's quick ratio for the quarter that ended in Mar. 2026 was 0.87.

JD.com has a quick ratio of 0.87. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for JD.com's Quick Ratio or its related term are showing as below:

MEX:9618N' s Quick Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.9   Max: 1.12
Current: 0.87

During the past 13 years, JD.com's highest Quick Ratio was 1.12. The lowest was 0.49. And the median was 0.90.

MEX:9618N's Quick Ratio is ranked better than
50.27% of 1132 companies
in the Retail - Cyclical industry
Industry Median: 0.87 vs MEX:9618N: 0.87

JD.com  (MEX:9618N) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


JD.com Quick Ratio Related Terms


JD.com Quick Ratio Historical Data

* Premium members only.

The historical data trend for JD.com's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

JD.com Quick Ratio Chart

JD.com Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.02 0.90 0.99 0.91

JD.com Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.90 0.88 0.91 0.87

MEX:9618N vs CPNG, EBAY, SE: Quick Ratio Comparison

For the Internet Retail subindustry, JD.com's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JD.com Quick Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JD.com's Quick Ratio distribution charts can be found below:

* The bar in red indicates where JD.com's Quick Ratio falls into.


MEX:9618N
70GF Score
JD.com Inc MEX:9618N
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JD.com Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

JD.com's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(957194.485-243958.419)/782462.604
=0.91

JD.com's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(954112.745-251611.646)/808547.639
=0.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.87 mean?
JD.com (MEX:9618N) has a Quick Ratio of 0.87 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on JD.com and its competitors. This is near median its historical median of 0.90. Over the past decade, JD.com's Quick Ratio has ranged from 0.49 to 1.12. According to the industry distribution chart, JD.com ranks #563 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 49.7%.
Is JD.com's Quick Ratio too high?
JD.com's current Quick Ratio of 0.87 is near median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.12. The Retail - Cyclical industry median Quick Ratio is 0.87. JD.com's value of 0.87 is 0% at this industry median. Based on the distribution chart, JD.com ranks #563 out of 1132 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, JD.com has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JD.com's Quick Ratio compare to CPNG and EBAY?
According to the Retail - Cyclical industry distribution chart, JD.com ranks #563 out of 1132 companies for Quick Ratio. This puts JD.com in the upper half of its industry. The industry median Quick Ratio is 0.87. JD.com's value of 0.87 is 0% at this benchmark. Historically, JD.com's own Quick Ratio has ranged from 0.49 to 1.12 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.87, JD.com has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JD.com's current Quick Ratio of 0.87 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on JD.com and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JD.com's current Quick Ratio is 0.87, which is near median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD.com stock overvalued right now?
Based on GuruFocus' analysis, JD.com (MEX:9618N) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN349.36, compared to a current price of MXN228.64 — trading 34.6% below its estimated fair value. The current Quick Ratio is 0.87, which is near median its 10-year median of 0.90 and 0% at the Retail - Cyclical industry median of 0.87. JD.com's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For JD.com (MEX:9618N), the current Quick Ratio is 0.87 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JD.com (MEX:9618N) Overvalued in 2026?

Based on GuruFocus' analysis, JD.com stock appears to be undervalued. The current stock price of MXN228.64 is trading 34.6% below its estimated GF Value™ of MXN349.36. GuruFocus considers JD.com to be Significantly Undervalued.

Key valuation signals for MEX:9618N:

  • Quick Ratio: 0.87 (near median its 10-year median of 0.90)
  • GF Value™: MXN349.36 vs. price of MXN228.64 (34.6% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 0% at the Retail - Cyclical median (#563 of 1132)

No single metric tells the full story. See the MEX:9618N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JD.com Business Description

Address No. 18 Kechuang 11 Street, 20th Floor, Building A, Yizhuang Economic & Technological Development Zone, Daxing District, Beijing, CHN, 101111
JD.com is the third-largest Chinese e-commerce platform by gross merchandise volume in 2025. It offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace, and omnichannel businesses.
70GF Score

Get the complete analysis for MEX:9618N

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN228.64
Price
MXN349.36
GF Value