Vipshop Holdings Limited(VIPS)Earnings, Financials & Key Ratios
VIPS•NYSE
$14.73
$7.94B mkt cap·7.0× P/E·Price updated May 6, 2026
AboutVipshop Holdings Limited operates online platforms for various brands in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; and skin care and cosmetic products, including cleansers, lotions, face and body creams, face masks, sunscreen, foundations, lipsticks, eye shadows, and other cosmetics-related items. It also provides shoes and bags, which comprises casual and formal shoes, purses, satchels, luggage, duffel bags, and wallets; handbags; apparel, gears and accessories, furnishings and decor, toys, and games for boys, girls, infants, and toddlers; sportswear, sports gear, and footwear for various sporting activities; home furnishings, such as bed and bath products, home decor, kitchen and tabletop items, and home appliances; and consumer electronic products. In addition, the company offers food and snacks, beverages, fresh produce, and pet goods; beauty products; and internet finance services, including consumer and supplier financing, and microcredit. Vipshop Holdings Limited provides its branded products through its vip.com and vipshop.com online platforms, as well as through its internet website and cellular phone application. Further, it offers warehousing, logistics, product procurement, research and development, technology development, and consulting services; software development and information technology support solutions; and supply chain services. Vipshop Holdings Limited was founded in 2008 and is headquartered in Guangzhou, the People's Republic of China.Show more
- Revenue$108.42B-3.9%
- EBITDA$10.6B-0.3%
- Net Income$7.74B-4.6%
- EPS (Diluted)14.35-0.5%
- Gross Margin23.49%+3.1%
- EBITDA Margin9.77%+3.8%
- Operating Margin8.46%+4.9%
- Net Margin7.14%-0.7%
- ROE19.32%-13.5%
- ROIC40.49%-6.7%
- Debt/Equity0.08+26.7%
- Interest Coverage159.05-59.9%
VIPS Key Insights
Vipshop Holdings Limited (VIPS) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Excellent 3Y average ROE of 20.1%
- ✓Healthy dividend yield of 3.1%
- ✓Share count reduced 4.2% through buybacks
- ✓Trading at only 1.3x book value
- ✓Efficient asset utilization: 1.4x turnover
✗Weaknesses
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
VIPS Price & Volume
Vipshop Holdings Limited (VIPS) stock price & volume — 10-year historical chart
Loading chart...
VIPS Growth Metrics
Vipshop Holdings Limited (VIPS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years16.57%
5 Years3.12%
3 Years-2.52%
TTM-5.35%
Profit CAGR
10 Years24.7%
5 Years14.02%
3 Years18.25%
TTM-17.65%
EPS CAGR
10 Years26.11%
5 Years19.45%
3 Years28.58%
TTM-12.62%
Return on Capital
10 Years21%
5 Years19.59%
3 Years20.39%
Last Year21.16%
VIPS Recent Earnings
Vipshop Holdings Limited (VIPS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (73%)●Beat Revenue 7/12 qtrs (64%)
Q1 2026Latest
Feb 26, 2026EPS
$0.81
Est $0.78
+3.8%
Revenue
$4.6B
Est $4.8B
-2.6%
Q4 2025
Nov 20, 2025EPS
$0.42
Est $0.43
-2.3%
Revenue
$3.0B
Est $4.7B
-36.2%
Q3 2025
Aug 14, 2025EPS
$0.57
Est $0.56
+1.8%
Revenue
$3.6B
Est $2.9B
+22.9%
Q2 2025
May 20, 2025EPS
$0.61
Est $0.66
-7.6%
Revenue
$3.6B
Est $3.7B
-2.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.81vs $0.78+3.8% | $4.6Bvs $4.8B-2.6% |
| Q4 2025 | Nov 20, 2025 | $0.42vs $0.43-2.3% | $3.0Bvs $4.7B-36.2% |
| Q3 2025 | Aug 14, 2025 | $0.57vs $0.56+1.8% | $3.6Bvs $2.9B+22.9% |
| Q2 2025 | May 20, 2025 | $0.61vs $0.66-7.6% | $3.6Bvs $3.7B-2.0% |
Based on last 12 quarters of dataView full earnings history →
VIPS Peer Comparison
Vipshop Holdings Limited (VIPS) competitors in Apparel and Fashion Retail — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 JD | 47.2B | 30.69 | 7.78 | 6.84% | 2.47% | 10.53% | 0.29 | |
 PDD | 151.33B | 102.31 | 9.18 | 59.04% | 24.43% | 26.13% | 0.03 | |
 BABA | 341.64B | 141.48 | 17.99 | 5.86% | 12.19% | 11.24% | 0.23 | |
 SE | 54.44B | 90.02 | 123.32 | 28.75% | 6.78% | 15.16% | 0.49 | |
 CPNG | 32.32B | 17.89 | 162.64 | 14.09% | -0.58% | -3.67% | 1.00 | |
 GLOB | 1.79B | 40.69 | 10.94 | 15.26% | 4.01% | 4.45% | 0.20 | |
 REAL | 3.77B | 13.00 | -19.12 | 15.38% | -6.03% | |||
 RVLV | 1.44B | 20.19 | 23.48 | 8.48% | 5.05% | 12.84% | 0.06 |
Compare VIPS vs Peers
Vipshop Holdings Limited (VIPS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
VIPS Income Statement
Vipshop Holdings Limited (VIPS) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 56.59B | 72.91B | 84.52B | 92.99B | 101.86B | 117.06B | 103.15B | 112.86B | 108.42B | 105.97B |
| Revenue Growth % | 40.76% | 28.84% | 15.93% | 10.02% | 9.53% | 14.92% | -11.88% | 9.41% | -3.93% | -5.35% |
| Cost of Goods Sold | 42.99B | 56.62B | 67.45B | 72.31B | 80.57B | 93.95B | 81.54B | 87.14B | 82.95B | 81.25B |
| COGS % of Revenue | 75.97% | 77.65% | 79.81% | 77.76% | 79.1% | 80.26% | 79.04% | 77.21% | 76.51% | - |
| Gross Profit | 13.6B▲ 0% | 16.29B▲ 19.8% | 17.07B▲ 4.8% | 20.68B▲ 21.2% | 21.29B▲ 2.9% | 23.11B▲ 8.6% | 21.62B▼ 6.5% | 25.72B▲ 19.0% | 25.47B▼ 1.0% | 24.72B▲ 0% |
| Gross Margin % | 24.03% | 22.35% | 20.19% | 22.24% | 20.9% | 19.74% | 20.96% | 22.79% | 23.49% | 23.33% |
| Gross Profit Growth % | 37.39% | 19.84% | 4.76% | 21.16% | 2.93% | 8.56% | -6.45% | 18.99% | -0.98% | - |
| Operating Expenses | 10.89B | 13.6B | 14.65B | 15.63B | 15.43B | 17.52B | 15.42B | 16.62B | 16.3B | 16.56B |
| OpEx % of Revenue | 19.24% | 18.66% | 17.33% | 16.81% | 15.14% | 14.97% | 14.95% | 14.72% | 15.03% | - |
| Selling, General & Admin | 11.25B | 14.13B | 15.4B | 16.27B | 16.13B | 18.45B | 7.29B | 7.39B | 6.97B | 7.41B |
| SG&A % of Revenue | 19.87% | 19.39% | 18.23% | 17.5% | 15.84% | 15.76% | 7.07% | 6.55% | 6.43% | - |
| Research & Development | 1.56B | 1.81B | 2B | 1.57B | 1.22B | 1.52B | 2B | 1.77B | 1.89B | 469.22M |
| R&D % of Revenue | 2.76% | 2.48% | 2.37% | 1.69% | 1.2% | 1.3% | 1.94% | 1.57% | 1.75% | - |
| Other Operating Expenses | -1.9B | -2.27B | -2.66B | -2.21B | -1.93B | -2.44B | 6.13B | 7.46B | 7.43B | 4M |
| Operating Income | 2.71B▲ 0% | 2.69B▼ 0.6% | 2.42B▼ 10.0% | 4.77B▲ 97.2% | 5.86B▲ 22.8% | 5.58B▼ 4.7% | 6.2B▲ 11.0% | 9.1B▲ 46.9% | 9.17B▲ 0.8% | 8.16B▲ 0% |
| Operating Margin % | 4.78% | 3.69% | 2.86% | 5.13% | 5.75% | 4.77% | 6.01% | 8.07% | 8.46% | 7.7% |
| Operating Income Growth % | 30.77% | -0.64% | -10.01% | 97.16% | 22.77% | -4.74% | 11.02% | 46.9% | 0.76% | - |
| EBITDA | 3.72B | 3.81B | 3.31B | 5.72B | 6.87B | 6.69B | 7.43B | 10.62B | 10.6B | 9.55B |
| EBITDA Margin % | 6.57% | 5.22% | 3.92% | 6.16% | 6.74% | 5.72% | 7.2% | 9.41% | 9.77% | 9.01% |
| EBITDA Growth % | 40.16% | 2.35% | -13.05% | 72.88% | 19.97% | -2.55% | 11.07% | 42.96% | -0.27% | -14.4% |
| D&A (Non-Cash Add-back) | 1.01B | 1.12B | 889.73M | 950.51M | 1.01B | 1.11B | 1.23B | 1.52B | 1.42B | 1.39B |
| EBIT | 2.75B | 2.62B | 2.91B | 5.03B | 5.77B | 5.47B | 6.27B | 10.01B | 8.99B | 8.19B |
| Net Interest Income | 21.85M | 18.69M | 83.13M | 131.02M | 381.66M | 657M | 739.76M | 757.36M | 752.12M | 753.8M |
| Interest Income | 107.04M | 101.13M | 242.87M | 217.03M | 449.02M | 671.46M | 764.02M | 780.29M | 809.79M | 820.98M |
| Interest Expense | 85.19M | 82.44M | 159.74M | 86M | 67.36M | 14.46M | 24.26M | 22.93M | 57.68M | 67.18M |
| Other Income/Expense | -41.63M | -149.59M | 278.96M | 196.61M | 1.19B | 333.16M | 1.87B | 963.17M | 981.21M | 1.09B |
| Pretax Income | 2.67B▲ 0% | 2.54B▼ 4.7% | 2.75B▲ 8.1% | 4.94B▲ 79.9% | 7.05B▲ 42.6% | 5.92B▼ 16.1% | 8.08B▲ 36.5% | 10.07B▲ 24.6% | 10.15B▲ 0.9% | 9.25B▲ 0% |
| Pretax Margin % | 4.71% | 3.48% | 3.25% | 5.32% | 6.92% | 5.05% | 7.83% | 8.92% | 9.37% | 8.73% |
| Income Tax | 601.83M | 626.14M | 566.6M | 983.55M | 1.13B | 1.22B | 1.76B | 1.87B | 2.32B | 2.21B |
| Effective Tax Rate % | 22.57% | 24.64% | 20.63% | 19.9% | 16.03% | 20.67% | 21.77% | 18.54% | 22.8% | 23.84% |
| Net Income | 2.04B▲ 0% | 1.95B▼ 4.3% | 2.13B▲ 9.2% | 4.02B▲ 88.7% | 5.91B▲ 47.1% | 4.68B▼ 20.8% | 6.3B▲ 34.6% | 8.12B▲ 28.9% | 7.74B▼ 4.6% | 6.92B▲ 0% |
| Net Margin % | 3.6% | 2.67% | 2.52% | 4.32% | 5.8% | 4% | 6.11% | 7.19% | 7.14% | 6.53% |
| Net Income Growth % | 28.13% | -4.28% | 9.19% | 88.69% | 47.06% | -20.75% | 34.56% | 28.86% | -4.64% | -17.65% |
| Net Income (Continuing) | 1.99B | 1.89B | 2.13B | 3.99B | 5.92B | 4.69B | 6.31B | 8.2B | 7.84B | 7.04B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 49.62M | -43.94M | -51.02M | 422.54M | 888.05M | 1.2B | 1.32B | 1.6B | 1.58B | 1.63B |
| EPS (Diluted) | 3.37▲ 0% | 3.19▼ 5.3% | 3.04▼ 4.7% | 5.90▲ 94.1% | 8.56▲ 45.1% | 6.75▼ 21.1% | 9.83▲ 45.6% | 14.42▲ 46.7% | 14.35▼ 0.5% | 13.53▲ 0% |
| EPS Growth % | 27.17% | -5.34% | -4.7% | 94.08% | 45.08% | -21.14% | 45.63% | 46.69% | -0.49% | -12.62% |
| EPS (Basic) | 3.51 | 3.32 | 3.12 | 6.02 | 8.75 | 6.88 | 9.90 | 14.66 | 14.59 | - |
| Diluted Shares Outstanding | 629.09M | 628.58M | 700.42M | 680.41M | 690.18M | 693.73M | 693.73M | 562.76M | 539.28M | 511.77M |
| Basic Shares Outstanding | 579.79M | 587.77M | 682.06M | 667.62M | 675.39M | 680.88M | 693.73M | 562.76M | 530.38M | 506.15M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | 21.77% | - |
VIPS Balance Sheet
Vipshop Holdings Limited (VIPS) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 14.58B | 25.92B | 27.33B | 23.03B | 31.17B | 32.84B | 33.73B | 37.56B | 37.8B | 36.42B |
| Cash & Short-Term Investments | 4.78B | 10.22B | 11.86B | 9.63B | 19.32B | 21.68B | 23.53B | 27.4B | 28.22B | 27.22B |
| Cash Only | 4.11B | 9.97B | 9.54B | 6.57B | 12B | 16.3B | 21.94B | 25.41B | 26.35B | 24.24B |
| Short-Term Investments | 671.78M | 245.98M | 2.32B | 3.05B | 7.33B | 5.38B | 1.6B | 1.98B | 1.87B | 2.98B |
| Accounts Receivable | 2.33B | 4.79B | 5.48B | 987.89M | 335.61M | 2.76B | 2.67B | 2.39B | 3.15B | 4.42B |
| Days Sales Outstanding | 15.02 | 23.95 | 23.67 | 3.88 | 1.2 | 8.6 | 9.46 | 7.72 | 10.62 | 13.66 |
| Inventory | 4.95B | 6.96B | 5.37B | 7.71B | 7.64B | 6.87B | 5.52B | 5.64B | 5.03B | 4.28B |
| Days Inventory Outstanding | 42.01 | 44.87 | 29.05 | 38.91 | 34.62 | 26.67 | 24.69 | 23.65 | 22.14 | 20.34 |
| Other Current Assets | 2.18B | 3.44B | 4.06B | 3.73B | 3.02B | 873.86M | 1.16B | 882.64M | 602.34M | 502.59M |
| Total Non-Current Assets | 10.51B | 12.07B | 16.24B | 25.55B | 27.77B | 29.45B | 31.74B | 34.76B | 37.13B | 37.17B |
| Property, Plant & Equipment | 5.36B | 6.86B | 8.65B | 13B | 15.11B | 15.91B | 17.41B | 17.64B | 18.89B | 18.94B |
| Fixed Asset Turnover | 10.56x | 10.63x | 9.77x | 7.15x | 6.74x | 7.36x | 5.92x | 6.40x | 5.74x | 5.62x |
| Goodwill | 367.11M | 367.11M | 367.11M | 236.71M | 593.66M | 589.16M | 755.21M | 755.21M | 755.21M | 755.21M |
| Intangible Assets | 3.27B | 3.59B | 4.3B | 5.95B | 6.52B | 6.93B | 7.98B | 10.47B | 11.01B | 10.87B |
| Long-Term Investments | 1B | 600.26M | 2.14B | 5.12B | 4.81B | 4.96B | 4.82B | 5.07B | 5.36B | 21.81B |
| Other Non-Current Assets | 510.82M | 366.76M | 396.45M | 710.07M | 100.33M | 296.37M | 91.76M | 147.67M | 434.21M | 1.18B |
| Total Assets | 25.09B▲ 0% | 37.98B▲ 51.4% | 43.56B▲ 14.7% | 48.58B▲ 11.5% | 58.94B▲ 21.3% | 62.29B▲ 5.7% | 65.48B▲ 5.1% | 72.32B▲ 10.5% | 74.94B▲ 3.6% | 73.58B▲ 0% |
| Asset Turnover | 2.26x | 1.92x | 1.94x | 1.91x | 1.73x | 1.88x | 1.58x | 1.56x | 1.45x | 1.45x |
| Asset Growth % | 25.25% | 51.36% | 14.69% | 11.52% | 21.32% | 5.68% | 5.12% | 10.46% | 3.61% | 29.94% |
| Total Current Liabilities | 14.58B | 19.26B | 25.95B | 23.93B | 26.57B | 25.77B | 28.53B | 30.62B | 29.93B | 29B |
| Accounts Payable | 8.33B | 11.45B | 11.63B | 13.79B | 15.19B | 13.14B | 15.02B | 17.26B | 15.19B | 11.73B |
| Days Payables Outstanding | 70.75 | 73.78 | 62.93 | 69.61 | 68.82 | 51.07 | 67.23 | 72.3 | 66.84 | 56.92 |
| Short-Term Debt | 0 | 1.67B | 6.64B | 1.09B | 1.04B | 2.05B | 2.82B | 1.61B | 2.61B | 6.66B |
| Deferred Revenue (Current) | 3.03B | 2.69B | 2.22B | 2.11B | 2.29B | 2.28B | 2.14B | 2.15B | 2.51B | 8.59B |
| Other Current Liabilities | 167.32M | 151.71M | 392.83M | 478.1M | 557.76M | 1.11B | 1.86B | 2.25B | 2.52B | 0 |
| Current Ratio | 1.00x | 1.35x | 1.05x | 0.96x | 1.17x | 1.27x | 1.18x | 1.23x | 1.26x | 1.26x |
| Quick Ratio | 0.66x | 0.98x | 0.85x | 0.64x | 0.89x | 1.01x | 0.99x | 1.04x | 1.10x | 1.10x |
| Cash Conversion Cycle | -13.72 | -4.96 | -10.21 | -26.83 | -32.99 | -15.79 | -33.08 | -40.93 | -34.08 | -22.92 |
| Total Non-Current Liabilities | 4.73B | 4.47B | 405.91M | 2.41B | 2.99B | 2.69B | 2.88B | 3.14B | 3.46B | 3.45B |
| Long-Term Debt | 4.38B | 4.09B | 0 | 64.52M | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 1.4B | 1.36B | 952.81M | 832.93M | 689.26M | 592M | 2.38B |
| Deferred Tax Liabilities | 100.58M | 17.01M | 4.96M | 165.1M | 433M | 437.2M | 573.73M | 692.49M | 783.86M | 2.56B |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 121.25M | 272.04M | 0 | 0 | 0 | 0 |
| Total Liabilities | 19.31B | 23.73B | 26.35B | 26.33B | 29.56B | 28.46B | 31.4B | 33.76B | 33.39B | 32.45B |
| Total Debt | 4.38B | 5.76B | 6.64B | 2.89B | 2.7B | 3.28B | 3.79B | 2.38B | 3.25B | 7.32B |
| Net Debt | 272.12M | -4.21B | -2.9B | -3.69B | -9.29B | -13.01B | -18.15B | -23.03B | -23.1B | -16.92B |
| Debt / Equity | 0.76x | 0.40x | 0.39x | 0.13x | 0.09x | 0.10x | 0.11x | 0.06x | 0.08x | 0.08x |
| Debt / EBITDA | 1.18x | 1.51x | 2.01x | 0.50x | 0.39x | 0.49x | 0.51x | 0.22x | 0.31x | 0.77x |
| Net Debt / EBITDA | 0.07x | -1.11x | -0.88x | -0.64x | -1.35x | -1.94x | -2.44x | -2.17x | -2.18x | -2.18x |
| Interest Coverage | 31.78x | 32.64x | 15.16x | 55.50x | 87.00x | 386.03x | 255.48x | 397.01x | 159.05x | 121.89x |
| Total Equity | 5.78B▲ 0% | 14.25B▲ 146.5% | 17.21B▲ 20.8% | 22.25B▲ 29.3% | 29.39B▲ 32.1% | 33.83B▲ 15.1% | 34.07B▲ 0.7% | 38.56B▲ 13.2% | 41.55B▲ 7.8% | 41.13B▲ 0% |
| Equity Growth % | 60.02% | 146.47% | 20.77% | 29.28% | 32.07% | 15.12% | 0.72% | 13.17% | 7.75% | 30.33% |
| Book Value per Share | 9.19 | 22.67 | 24.57 | 32.70 | 42.58 | 48.76 | 49.12 | 68.52 | 77.05 | 80.37 |
| Total Shareholders' Equity | 5.73B | 14.29B | 17.26B | 21.83B | 28.5B | 32.63B | 32.75B | 36.96B | 39.97B | 39.5B |
| Common Stock | 77K | 85K | 86K | 87K | 88K | 91K | 91K | 73K | 75K | 0 |
| Retained Earnings | 3.65B | 5.6B | 7.91B | 11.92B | 17.74B | 22.42B | 28.72B | 36.84B | 42.91B | 0 |
| Treasury Stock | -707.44M | 0 | 0 | 0 | 0 | -1.93B | -8.35B | -3.62B | -7.04B | 0 |
| Accumulated OCI | -343.61M | -24.24M | -30.88M | -56.66M | -58.95M | -88.6M | -707.63M | -695.59M | -807.39M | 0 |
| Minority Interest | 49.62M | -43.94M | -51.02M | 422.54M | 888.05M | 1.2B | 1.32B | 1.6B | 1.58B | 1.63B |
VIPS Cash Flow Statement
Vipshop Holdings Limited (VIPS) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 2.83B | 981.25M | 5.75B | 12.29B | 11.82B | 6.74B | 10.52B | 14.41B | 9.13B | 9.13B |
| Operating CF Margin % | 5% | 1.35% | 6.8% | 13.22% | 11.6% | 5.76% | 10.2% | 12.77% | 8.42% | - |
| Operating CF Growth % | 47.85% | -65.34% | 485.55% | 113.9% | -3.82% | -42.94% | 55.97% | 37.02% | -36.67% | 0% |
| Net Income | 1.99B | 1.89B | 2.13B | 3.99B | 5.92B | 4.69B | 6.31B | 8.2B | 7.74B | 6.92B |
| Depreciation & Amortization | 1.01B | 1.12B | 889.73M | 950.51M | 1.14B | 1.26B | 1.41B | 1.52B | 1.69B | 0 |
| Stock-Based Compensation | 475.65M | 667.1M | 671.21M | 688.08M | 951.05M | 1.01B | 1.21B | 1.51B | 1.54B | 1.96B |
| Deferred Taxes | 557.54M | 433.12M | 0 | 1.35B | -103.62M | -152.02M | 50.27M | 115.51M | 95.36M | 0 |
| Other Non-Cash Items | 3.97M | -10.98M | 443.62M | 302.06M | 353.48M | 675.68M | 435.86M | -379.28M | -256.99M | -8.88B |
| Working Capital Changes | -1.21B | -3.12B | 1.61B | 5.01B | 3.56B | -741.44M | 1.1B | 3.45B | -1.68B | 0 |
| Change in Receivables | -1.95B | -2.66B | -64.93M | 4.17B | 988.11M | -88.05M | -99.33M | -199.85M | -370.74M | 0 |
| Change in Inventory | -685.02M | -2.24B | 291.78M | -2.63B | -527.2M | 917.38M | 1.46B | 601.44M | 944.73M | 0 |
| Change in Payables | 1.55B | 3.22B | -140.75M | 1.68B | 1.39B | -1.94B | 982.95M | 2.57B | -2.17B | 0 |
| Cash from Investing | -1.67B | -2.03B | -6.69B | -8.24B | -6.7B | -2.33B | 1.05B | -5.16B | -3.57B | 0 |
| Capital Expenditures | -2.79B | -2.47B | -3.59B | -4.28B | -2.27B | -3.58B | -3.1B | -2.17B | -2.72B | 0 |
| CapEx % of Revenue | 4.92% | 3.39% | 4.25% | 4.6% | 2.23% | 3.06% | 3.01% | 1.92% | 2.51% | - |
| Acquisitions | -164.69M | -261.48M | -963.7M | -3.36B | -1.61B | -308.5M | -668.81M | -281.13M | -625.42M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 202.03M | -19.56M | -193.8M | 162.99M | 855.07M | -175.59M | 884.63M | -2.32B | -355.14M | 0 |
| Cash from Financing | -393.13M | 7.17B | 586.97M | -6.26B | -20.84M | -58.79M | -5.57B | -6.15B | -4.97B | 0 |
| Debt Issued (Net) | -95M | 1.65B | 628.4M | -5.98B | -145.53M | 1.02B | 541.03M | -1.21B | 973.1M | 0 |
| Equity Issued (Net) | -1000K | 1000K | 0 | 0 | 0 | -1000K | -1000K | -1000K | -1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.68B | 0 |
| Share Repurchases | -193.62M | 0 | 0 | 0 | 0 | -1.94B | -6.26B | -5.11B | -3.87B | 0 |
| Other Financing | -104.51M | -86.13M | -41.43M | -280.74M | 124.69M | 855.5M | 143.28M | 173.34M | -392.18M | 0 |
| Net Change in Cash | 785.19M▲ 0% | 6.11B▲ 678.5% | -183.52M▼ 103.0% | -2.32B▼ 1163.7% | 5.09B▲ 319.6% | 4.36B▼ 14.4% | 5.93B▲ 36.1% | 3.19B▼ 46.2% | 657.14M▼ 79.4% | 0▲ 0% |
| Free Cash Flow | 45.91M▲ 0% | -1.49B▼ 3350.8% | 2.15B▲ 244.3% | 8.01B▲ 272.2% | 9.55B▲ 19.2% | 3.17B▼ 66.8% | 7.42B▲ 134.3% | 9.18B▲ 23.8% | 5.57B▼ 39.4% | 0▲ 0% |
| FCF Margin % | 0.08% | -2.05% | 2.55% | 8.62% | 9.37% | 2.7% | 7.19% | 8.14% | 5.13% | - |
| FCF Growth % | 102.03% | -3350.77% | 244.25% | 272.21% | 19.17% | -66.84% | 134.27% | 23.82% | -39.39% | - |
| FCF per Share | 0.07 | -2.37 | 3.07 | 11.78 | 13.83 | 4.56 | 10.69 | 16.32 | 10.32 | 10.32 |
| FCF Conversion (FCF/Net Income) | 1.39x | 0.50x | 2.70x | 3.06x | 2.00x | 1.44x | 1.67x | 1.78x | 1.18x | 0.00x |
| Interest Paid | 85.19M | 82.44M | 159.74M | 86M | 67.36M | 13.77M | 21.82M | 26.48M | 57.68M | 0 |
| Taxes Paid | 631.13M | 948.91M | 956.29M | 818.15M | 1.14B | 1.36B | 1.64B | 1.78B | 2.17B | 0 |
VIPS Key Ratios
Vipshop Holdings Limited (VIPS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 43.36% | 19.46% | 13.53% | 20.36% | 22.88% | 14.81% | 18.55% | 22.35% | 19.32% | 16.84% |
| Return on Invested Capital (ROIC) | 38.7% | 25.08% | 14.92% | 21.78% | 22.74% | 20.47% | 25.3% | 43.42% | 40.49% | 40.49% |
| Gross Margin | 24.03% | 22.35% | 20.19% | 22.24% | 20.9% | 19.74% | 20.96% | 22.79% | 23.49% | 23.33% |
| Net Margin | 3.6% | 2.67% | 2.52% | 4.32% | 5.8% | 4% | 6.11% | 7.19% | 7.14% | 6.53% |
| Debt / Equity | 0.76x | 0.40x | 0.39x | 0.13x | 0.09x | 0.10x | 0.11x | 0.06x | 0.08x | 0.08x |
| Interest Coverage | 31.78x | 32.64x | 15.16x | 55.50x | 87.00x | 386.03x | 255.48x | 397.01x | 159.05x | 121.89x |
| FCF Conversion | 1.39x | 0.50x | 2.70x | 3.06x | 2.00x | 1.44x | 1.67x | 1.78x | 1.18x | 0.00x |
| Revenue Growth | 40.76% | 28.84% | 15.93% | 10.02% | 9.53% | 14.92% | -11.88% | 9.41% | -3.93% | -5.35% |
VIPS Frequently Asked Questions
Vipshop Holdings Limited (VIPS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Vipshop Holdings Limited (VIPS) reported $105.97B in revenue for fiscal year 2024. This represents a 553254% increase from $19.2M in 2009.
Vipshop Holdings Limited (VIPS) saw revenue decline by 3.9% over the past year.
Yes, Vipshop Holdings Limited (VIPS) is profitable, generating $6.92B in net income for fiscal year 2024 (7.1% net margin).
Dividend & Returns
Yes, Vipshop Holdings Limited (VIPS) pays a dividend with a yield of 3.11%. This makes it attractive for income-focused investors.
Vipshop Holdings Limited (VIPS) has a return on equity (ROE) of 19.3%. This is reasonable for most industries.
Vipshop Holdings Limited (VIPS) generated $5.57B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More VIPS
Vipshop Holdings Limited (VIPS) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates