Vipshop Holdings Ltd (VIPS) stock

VIPSNYSERetail-Catalog & Mail-Order HousesFiscal year ends December 31

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 16, 2026Score 8/30

$12.94−0.23 (-1.75%)

Close on Nov 12, 2026Market cap $6.20BP/E 6.1Yield –

Vipshop statistics

100 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: Apr 10, 2026
Fundamentals through: Dec 31, 2025
Share price as of: –

Valuation ratiosIndustry

Market Cap: CN¥41.37B; CN¥1.49B
Enterprise Value: CN¥21.88B; CN¥583.83M
PE Ratio: 6.11; –
PS Ratio: 0.39; 0.26
PB Ratio: 1.01; 0.95
P/TBV Ratio: 1.04; 1.08
P/FCF Ratio: 7.56; 7.56
P/OCF Ratio: 5.55; 5.99

Enterprise valuationIndustry

EV / Sales: 0.21; 0.04
EV / EBITDA: 2.69; 4.99
EV / EBIT: 2.69; 9.15
EV / FCF: 4.00; 4.00

Share statisticsIndustry

Shares Outstanding: 96M; 349M
Shares Change (YoY): -5.07%; 0.25%
Float: 53M; 200M
Shares Held by Insiders: 45.1%; 20.1%

Short sellingIndustry

Short Interest: 6M; –
Short Interest Change: 2.23%; -8.45%
Days to Cover: 2.96; 2.25

Stock price statisticsIndustry

Price Change (1 Week): -7.37%; 1.16%
Price Change (1 Month): 0.62%; -3.02%
Price Change (3 Months): -8.74%; -15.2%
Price Change (6 Months): -8.55%; -27.5%
Price Change (YTD): -26.9%; -26.9%
Price Change (1 Year): -34.8%; -30.3%
Price Change (3 Years): -9.51%; -19.9%
Price Change (5 Years): 0.23%; -93.6%
Price Change (10 Years): -4.43%; –
Average Volume (10 Days): 2M; –
Average Volume (20 Days): 2M; –
Average Volume (90 Days): 2M; –
Relative Volume: 0.71; 0.73
Relative Strength Index (14): 47.1; 44.1
Volatility (1 Year): 31.5%; 69.7%
Beta (5 Years): 0.70; 0.76

MarginsIndustry

Gross Margin: 23.1%; 26.3%
Operating Margin: 7.68%; -3.57%
Pretax Margin: 8.42%; -1.11%
Profit Margin: 6.84%; -1.82%
EBITDA Margin: 7.68%; -3.38%
FCF Margin: 5.16%; 0.85%

Returns on capitalIndustry

Return on Equity (ROE): 17.9%; 3.03%
Return on Assets (ROA): 9.42%; -1.82%
Return on Invested Capital (ROIC): 40.3%; 1.87%
Return on Capital Employed (ROCE): 17.0%; 0.71%

Financial positionIndustry

Current Ratio: 1.28; 1.28
Quick Ratio: 0.96; 0.87
Debt / Equity: 0.14; 0.09
Debt / EBITDA: 0.72; 2.35
Debt / FCF: 1.07; 1.64
Net Debt / EBITDA: -2.82; -9.37
Interest Coverage: 90.36; 0.99

GrowthIndustry

Revenue Growth (YoY): -2.31%; 1.62%
Net Income Growth (YoY): -6.43%; –
EPS Growth (YoY): -1.42%; –
FCF Growth (YoY): -14.6%; -67.9%
Revenue Growth (3Y CAGR): 0.89%; 0.19%
Revenue Growth (5Y CAGR): 0.78%; 2.36%
EPS Growth (3Y CAGR): 12.9%; –
EPS Growth (5Y CAGR): 10.6%; –

EfficiencyIndustry

Asset Turnover: 1.38; 1.44
Inventory Turnover: 15.99; 9.92
Revenue Per Employee: CN¥6.99M; CN¥6.83M
Profits Per Employee: CN¥478.21K; -CN¥30.93K
Employee Count: 15,145; 368
WACC: 7.82%; 7.95%

Income statement (TTM)Industry

Revenue: CN¥105.92B; CN¥5.27B
Gross Profit: CN¥24.49B; CN¥197.25M
Operating Income: CN¥8.14B; -CN¥2.38M
Pretax Income: CN¥8.91B; -CN¥22.50M
Net Income: CN¥7.24B; -CN¥5.08M
EBITDA: CN¥8.14B; CN¥9.46M
EPS (Diluted): 70.74 CNY; -0.07 CNY

Balance sheetIndustry

Cash & Short-Term Investments: CN¥28.77B; CN¥566.32M
Total Debt: CN¥5.84B; CN¥412.31M
Net Cash (Debt): CN¥22.92B; CN¥566.32M
Net Cash Per Share: 239.36 CNY; 4.15 CNY
Equity (Book Value): CN¥41.00B; CN¥988.01M
Book Value Per Share: 428.16 CNY; 7.22 CNY
Tangible Book Value: CN¥39.93B; CN¥903.00M
Working Capital: CN¥8.69B; CN¥245.52M

Cash flow (TTM)Industry

Operating Cash Flow: CN¥7.45B; CN¥532.00K
Capital Expenditures: -CN¥1.99B; -CN¥87.67M
Free Cash Flow: CN¥5.47B; CN¥42.17M
FCF Per Share: 57.10 CNY; 0.15 CNY

Dividends and yieldsIndustry

Earnings Yield: 17.5%; -8.97%
FCF Yield: 13.2%; -2.63%
Buyback Yield: 11.9%; 0.38%
Shareholder Yield: 11.9%; 0.38%
Payout Ratio: 24.8%; –
FCF Payout Ratio: 32.8%; –

Taxes and interestIndustry

Interest Expense: CN¥90.04M; CN¥16.79M
Income Tax: CN¥1.80B; CN¥1.27M
Effective Tax Rate: 20.2%; –

Scores and fair valueIndustry

Graham Number: 825.52 CNY; –
Graham Upside: 91.1%; –
Altman Z-Score: 3.40; 1.10
Piotroski F-Score: 6; 5
Lynch Fair Value: 748.21 CNY; –
Lynch Upside: 73.2%; –

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	VIPS	S&P 500	Difference	VIPS per year	S&P 500 per year
1 month	+0.6%	-2.7%	+3.3 pts
3 months	-10.4%	-1.7%	−8.7 pts
Year to date	-23.8%	+11.9%	−35.7 pts
1 year	-31.4%	+12.0%	−43.4 pts
3 years	+0.4%	+78.2%	−77.8 pts	+0.1%	+21.2%
5 years	+11.1%	+73.2%	−62.2 pts	+2.1%	+11.6%
10 years	+5.9%	+309.6%	−303.7 pts	+0.6%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

6M VIPS shares were sold short on Oct 30, 2026, up 2.2% from the previous report. At recent volumes it would take 3.0 days to buy them back. Over the last 20 sessions, 55.5% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	6,251,302	+2.2%	2,113,811	3.0
Oct 15, 2026	6,115,107	-4.5%	2,555,434	2.4
Sep 30, 2026	6,404,529	+8.8%	2,678,361	2.4
Sep 15, 2026	5,886,325	-0.5%	3,279,201	1.8
Aug 31, 2026	5,914,772	-14.1%	3,638,604	1.6
Aug 14, 2026	6,884,397	+13.6%	1,944,890	3.5
Jul 31, 2026	6,060,404	+16.9%	1,714,678	3.5
Jul 15, 2026	5,185,644	-2.5%	2,420,436	2.1
Jun 30, 2026	5,318,361	-6.2%	2,727,250	1.9
Jun 15, 2026	5,671,252	-18.4%	2,590,448	2.2
May 29, 2026	6,952,238	+24.5%	3,645,713	1.9
May 15, 2026	5,584,035	+13.2%	2,136,121	2.6