JD.com (9618) Financial Ratio Screen

HKSE Consumer Cyclical China HKD 350914M
RATIOS FAIL*
Automated financial screen · activity assessed separately
JD.com (9618) is potentially non-compliant in the automated ratio model. While the debt ratio of 12.9% is acceptable, the cash and interest-bearing securities ratio of 33.5% exceeds the 30% threshold. JD.com operates in the Consumer Cyclical sector.

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MSCI new-inclusion financial-ratio snapshot

9618 financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
12.9%
Pass vs 30%
Cash ratio
33.5%
Fail vs 30%
Receivables + cash
37.9%
Fail vs 30%
Impermissible income
0.8%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Internet Retail) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: JD.com, Inc. operates as a supply chain-based technology and service provider in the People's Republic of China and Europe. It operates through three segments: JD Retail, JD Logistics, and New Businesses. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry. It also provides online marketplace services for third-party merchants; marketing services; and omni-channel solutions to customers and offline retailers, as well as online healthcare services. In addition, the company develops, owns, and manages its logistics facilities and other real estate properties to support third parties; and offers asset management services and integrated service platform; leasing of storage facilities and related management services, as well as engages in online retail business. Further, it provides technology-driven supply chain solutions and logistics services. The company was formerly known as 360buy Jingdong Inc. and changed its name to JD.com, Inc. in January 2014. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, the People's Republic of China.

Sources to verify: Secondary company profile and classification · Issuer website

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 12.9%
/ 30%
33.5%
/ 30%
37.9%
/ 30%
0.81%
/ 5%
RATIOS FAIL*
FTSE 12.9%
/ 33%
33.5%
/ 33%
37.9%
/ 50%
0.81%
/ 5%
RATIOS FAIL*

Financial Highlights

P/E Ratio
15.6
Forward: 7.3
EPS
$7.31
Dividend Yield
343.0%
Payout: 56.3%
P/B Ratio
0.6
EV/EBITDA
21.0
EV: $282.2B
Revenue
$1.2T
Growth: 1.5%
Beta
0.5
Low volatility
Current Ratio
1.2

Profitability

Gross Margin 9.3%
Operating Margin -1.3%
Net Margin 1.5%
Return on Equity (ROE) 7.6%
Return on Assets (ROA) 0.3%

Cash Flow & Balance Sheet

Operating Cash Flow$58.1B
Free Cash Flow$44.3B
Total Debt$89.8B
Debt-to-Equity36.5
Current Ratio1.2
Total Assets$698.2B

Price & Trading

Last CloseHKD 113.60
50-Day MAHKD 108.69
200-Day MAHKD 119.78
Avg Volume12.0M
Beta0.5
52-Week Range
HKD 95.90
HKD 163.80

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About JD.com (9618)

CEO
Ms. Ran Xu CPA
Employees
900,000
Website
Sector
Consumer Cyclical
Industry
Internet Retail
Country
China
Exchange
HKSE
Market Cap (listing currency)
HKD 350914M
Currency
HKD

JD.com, Inc. operates as a supply chain-based technology and service provider in the People's Republic of China and Europe. It operates through three segments: JD Retail, JD Logistics, and New Businesses. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry. It also provides online marketplace services for third-party merchants; marketing services; and omni-channel solutions to customers and offline retailers, as well as online healthcare services. In addition, the company develops, owns, and manages its logistics facilities and other real estate properties to support third parties; and offers asset management services and integrated service platform; leasing of storage facilities and related management services, as well as engages in online retail business. Further, it provides technology-driven supply chain solutions and logistics services. The company was formerly known as 360buy Jingdong Inc. and changed its name to JD.com, Inc. in January 2014. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, the People's Republic of China.

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Frequently Asked Questions

Is JD.com (9618) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is JD.com's debt ratio?

JD.com's debt ratio is 12.9% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are JD.com's key financial metrics?

JD.com has a market capitalization of HKD 350914M in its listing currency, trailing P/E ratio of 15.6, and revenue of $1.2T. The company maintains a gross margin of 9.3% and a net margin of 1.5%. Return on equity stands at 7.6%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.