Vipshop
VIPS
12.77
+0.02
+0.16%
Vipshop
US · VIPS
#1949 by market cap
Listed 2012
12.77
+0.02
+0.16%
Live - 5344 symbols - heartbeat 455s ago
· 2026-10-07 21:48
After-hours
12.77
0.00%
Overnight
12.65
-0.94%
- Market cap
- 6.07B
- P/E (TTM)i
- 4.12
- P/Bi
- 0.90
- EPSi
- 2.11
- Div yieldi
- 4.89%
- 52W posi
- 10%
Reader sentiment
Are you bullish or bearish on VIPS?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.78, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -2.31% YoY
Margins
- Gross margin
- 23.12%
- Operating margin
- 7.53%
- Net margin
- 6.84%
Key ratios & quality
- PEG ratioi
- 0.86
- Altman Z-Scorei
- 2.78
PEG uses trailing P/E against the 3-year net income growth rate (4.76%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 84.52B | 92.99B | 101.86B | 117.06B | 103.15B | 112.86B | 108.42B | 105.92B |
| Gross profit | 17.07B | 20.68B | 21.29B | 23.11B | 21.62B | 25.72B | 25.47B | 24.49B |
| Selling & admin expenses | 15.40B | 16.27B | 16.13B | 9.28B | 7.29B | 7.39B | 6.97B | 7.36B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 2.32B | 4.96B | 5.72B | 5.41B | 5.99B | 8.94B | 9.00B | 7.98B |
| Pretax profit | 2.75B | 4.94B | 7.02B | 5.87B | 8.08B | 9.99B | 9.99B | 8.91B |
| Tax | 566.60M | 983.55M | 1.13B | 1.22B | 1.76B | 1.87B | 2.32B | 1.80B |
| Net profit | 2.13B | 3.99B | 5.92B | 4.69B | 6.31B | 8.20B | 7.84B | 7.41B |
| Basic EPS | 3 | 6 | 9 | 7 | 10 | 15 | 15 | 14 |
| Diluted EPS | 3.12 | 5.92 | 8.56 | 6.75 | 9.83 | 14.42 | 14.35 | 14.15 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 26.27B | 25.81B | 21.37B | 32.47B | 26.57B | 24.71B |
| Gross profit | 6.08B | 6.05B | 4.91B | 7.44B | 6.50B | 5.75B |
| Selling & admin expenses | 1.68B | 2.01B | 1.65B | 2.02B | 1.67B | 1.83B |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 2.28B | 1.70B | 1.26B | 2.74B | 2.50B | 1.52B |
| Pretax profit | 2.44B | 1.89B | 1.52B | 3.07B | 2.68B | 7.22B |
| Tax | 507.67M | 407.19M | 301.07M | 583.04M | 519.29M | 3.34B |
| Net profit | 1.98B | 1.52B | 1.26B | 2.65B | 2.26B | 4.34B |
| Basic EPS | 4 | 3 | 2 | 5 | 5 | 9 |
| Diluted EPS | 3.72 | 2.91 | 2.42 | 5.12 | 4.48 | 8.82 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 27.33B | 23.03B | 31.17B | 32.84B | 33.73B | 37.56B | 37.80B | 39.58B |
| Cash & ST investments | 11.86B | 9.63B | 19.32B | 21.68B | 23.53B | 27.40B | 28.22B | 28.77B |
| Inventory | 5.37B | 7.71B | 7.64B | 6.87B | 5.52B | 5.64B | 5.03B | 5.15B |
| Total assets | 43.56B | 48.58B | 58.94B | 62.29B | 65.48B | 72.32B | 74.94B | 78.84B |
| Total current liabilities | 25.95B | 23.93B | 26.57B | 25.77B | 28.53B | 30.62B | 29.93B | 30.88B |
| Short-term debt | 6.64B | 1.43B | 1.34B | 2.33B | 2.96B | 1.69B | 2.66B | 6.05B |
| Long-term debt | -- | 64.52M | -- | -- | -- | -- | -- | -- |
| Total liabilities | 26,351,870,000.00 | 26,332,981,000.00 | 29,555,025,000.00 | 28,459,225,000.00 | 31,402,467,000.00 | 33,762,836,000.00 | 33,386,897,000.00 | 34,400,154,000.00 |
| Total equity | 17.21B | 22.25B | 29.39B | 33.83B | 34.07B | 38.56B | 41.55B | 44.44B |
| Retained earnings | 7.91B | 11.92B | 17.74B | 22.42B | 28.72B | 36.84B | 42.91B | 48.59B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 37.43B | 36.42B | 40.27B | 39.58B | 40.00B | 43.80B |
| Cash & ST investments | 28.56B | 27.22B | 30.49B | 28.77B | 30.34B | 32.86B |
| Inventory | 4.18B | 4.28B | 4.71B | 5.15B | 4.62B | 4.33B |
| Total assets | 74.57B | 73.58B | 78.33B | 78.84B | 79.93B | 85.86B |
| Total current liabilities | 29.28B | 29.00B | 31.05B | 30.88B | 31.69B | 34.19B |
| Short-term debt | 4.50B | 6.72B | 7.93B | 6.05B | 6.60B | 11.01B |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 32,756,944,000.00 | 32,452,079,000.00 | 34,539,267,000.00 | 34,400,154,000.00 | 35,252,664,000.00 | 37,524,848,000.00 |
| Total equity | 41.82B | 41.13B | 43.79B | 44.44B | 44.67B | 48.33B |
| Retained earnings | -- | -- | -- | 48.59B | -- | -- |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5.75B | 12.29B | 11.82B | 6.74B | 10.52B | 14.41B | 9.13B | 7.45B |
| Depreciation & amortization | 889.73M | 950.51M | 1.14B | 1.26B | 1.41B | 1.52B | 1.69B | 1.81B |
| Free cash flow | 2.15B | 8.01B | 9.55B | 3.17B | 7.42B | 9.18B | 5.57B | 5.39B |
| Dividends paid | -- | -- | -- | -- | 0 | 0 | -1.68B | -1.80B |
| Stock buybacks / issuance | -- | 0 | 0 | -1.94B | -6.26B | -5.11B | -3.87B | -4.94B |
| Ending cash balance | 10.04B | 7.72B | 12.81B | 17.17B | 23.10B | 26.30B | 26.95B | 24.12B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -- | -- | -- | -- | -- | -- |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | -- | -- | -- | -- | -- | -- |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | -- | -- | -- | -- | -- | -- |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 13.49 | 20.55 | 23.48 | 15.32 | 19.27 | 23.29 | 20.12 | 17.89 |
| ROA %i | 5.22 | 8.72 | 10.99 | 7.72 | 9.86 | 11.78 | 10.51 | 9.42 |
| ROIC %i | 10.35 | 15.62 | 19.98 | 12.41 | 15.80 | 19.78 | 17.36 | 14.70 |
| 5-year avg ROE %i | 34.17 | 29.93 | 24.19 | 18.46 | 18.42 | 20.38 | 20.29 | 19.18 |
| EBIT margin %i | 3.44 | 5.41 | 6.96 | 5.03 | 7.85 | 8.87 | 9.27 | 8.50 |
| FCF / sales %i | 2.55 | 8.62 | 9.37 | 2.70 | 7.19 | 8.14 | 5.13 | 5.09 |
| Current ratioi | 1.05 | 0.96 | 1.17 | 1.27 | 1.18 | 1.23 | 1.26 | 1.28 |
| Quick ratioi | 0.81 | 0.55 | 0.81 | 0.95 | 0.92 | 0.97 | 1.05 | 1.03 |
| Debt / assetsi | 15.24 | 5.94 | 4.59 | 5.27 | 5.79 | 3.30 | 4.34 | 8.38 |
| LT debt / equityi | -- | 6.69 | 4.78 | 2.92 | 2.54 | 1.86 | 1.48 | 1.36 |
| Interest coveragei | 18.20 | 58.47 | 105.21 | 407.15 | 333.97 | 436.51 | 174.17 | 100.01 |
| Revenue CAGR (3Y) %i | 28.11 | 18.01 | 11.79 | 11.47 | 3.52 | 3.48 | -2.52 | 0.89 |
| Net income CAGR (3Y) %i | 10.22 | 25.40 | 44.70 | 30.04 | 16.18 | 11.17 | 18.25 | 4.76 |
| FCF CAGR (3Y) %i | -- | 458.85 | -- | 13.72 | -2.54 | -1.29 | 20.69 | -10.11 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 18.96 | 17.81 | -- | 17.89 | 18.43 | 24.44 |
| ROA %i | 10.16 | 9.81 | -- | 9.42 | 9.72 | 12.95 |
| ROIC %i | 15.78 | 14.40 | -- | 14.70 | 14.91 | 19.43 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 8.90 | 8.61 | -- | 8.50 | 8.72 | 14.10 |
| FCF / sales %i | -- | -- | -- | 5.09 | -- | -- |
| Current ratioi | 1.28 | 1.26 | 1.30 | 1.28 | 1.26 | 1.28 |
| Quick ratioi | 1.12 | 1.09 | 1.13 | 1.03 | 1.10 | 1.14 |
| Debt / assetsi | 6.82 | 9.94 | 10.87 | 8.38 | 8.97 | 13.47 |
| LT debt / equityi | 1.47 | 1.50 | 1.45 | 1.36 | 1.37 | 1.23 |
| Interest coveragei | 166.05 | 135.76 | -- | 100.01 | 84.46 | 45.04 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Vip.com is the largest reported line at 95.85% of revenue, across 4 reported segments.
- The next-largest line, Shan Shan Outlets, is a distant second at 3.85% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Vip.com95.85%
Shan Shan Outlets3.85%
Others0.86%
Region
People’s Republic of China (PRC)100.00%
Quote time 2026-10-07 21:48:35 · For reference only, not investment advice and not tailored to your situation.