Vipshop Holdings Limited (FRA:1VPA)
12.60
+0.30 (2.44%)
Last updated: Jul 28, 2026, 8:13 AM CET
Vipshop Holdings Financials Overview
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 106,226 | 105,920 | 108,421 | 112,856 | 103,152 | 117,060 |
Revenue Growth | -0.76% | -2.31% | -3.93% | 9.41% | -11.88% | 14.92% |
Gross Profit Gross Profit Growth | 24,903 | 24,490 | 25,470 | 25,721 | 21,616 | 23,107 |
Operating Income Operating Income Growth | 8,357 | 8,136 | 9,173 | 9,104 | 6,197 | 5,582 |
Net Income Net Income Growth | 7,506 | 7,242 | 7,740 | 8,117 | 6,299 | 4,681 |
Earnings Per Share EPS Growth | 149.32 | 14.15 | 14.35 | 14.42 | 98.30 | 67.48 |
EPS Growth | 7.61% | -1.42% | -0.48% | -85.33% | 45.67% | -21.15% |
| Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Inter-Segment Revenues Inter-Segment Revenues Growth | -597.03 | -583.25 | -730.49 | -1,619 | -1,912 |
Vip.Com Vip.Com Growth | 101,521 | 104,731 | 109,556 | 100,807 | 114,190 |
Shan Shan Outlets Shan Shan Outlets Growth | 4,082 | 3,311 | 2,796 | 1,859 | 1,579 |
Others Others Growth | 914.19 | 962.19 | 1,234 | 2,106 | 3,203 |
Total Total Growth | 105,920 | 108,421 | 112,856 | 103,152 | 117,060 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 30,344 | 28,768 | 28,225 | 27,398 | 23,535 | 21,679 |
Total Debt Total Debt Growth | 7,168 | 6,449 | 3,049 | 2,196 | 3,657 | 3,213 |
Net Cash (Debt) Net Cash Growth | 23,176 | 22,319 | 25,176 | 25,202 | 19,878 | 18,466 |
Net Cash Growth | -1.27% | -11.35% | -0.10% | 26.79% | 7.64% | 11.11% |
Net Cash Per Share Net Cash Per Share Growth | 460.19 | 43.60 | 46.68 | 44.78 | 310.21 | 266.19 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 7,454 | 7,454 | 9,129 | 14,415 | 10,520 | 6,745 |
Capital Expenditures CapEx Growth | -1,986 | -1,986 | -2,723 | -2,167 | -2,431 | -2,732 |
Free Cash Flow Free Cash Flow Growth | 5,468 | 5,468 | 6,406 | 12,247 | 8,089 | 4,012 |
Free Cash Flow Growth | 36.30% | -14.63% | -47.70% | 51.41% | 101.61% | -58.13% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 23.44% | 23.12% | 23.49% | 22.79% | 20.96% | 19.74% |
Operating Margin | 7.87% | 7.68% | 8.46% | 8.07% | 6.01% | 4.77% |
Pretax Margin | 8.62% | 8.42% | 9.21% | 8.85% | 7.83% | 5.02% |
Profit Margin | 6.91% | 6.72% | 7.08% | 7.20% | 6.13% | 3.97% |
FCF Margin | 0.00% | 5.16% | 5.91% | 10.85% | 7.84% | 3.43% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Period Ending | Jul '26 Jul 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Dividend Per Share Dividend Per Share Growth | 0.513 | 4.337 | 3.504 | 3.049 |
Dividend Per Share Growth | 24.70% | 23.77% | 14.91% | - |
Dividend Yield | 4.14% | 2.90% | 3.23% | 0.00% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 6.59 | 8.75 | 6.85 | 8.72 | 0.96 | 0.79 |
Forward PE | 5.57 | 6.69 | 5.84 | 7.01 | 9.40 | 5.73 |
P/FCF Ratio | 8.78 | 10.84 | 7.87 | 1.11 | 6.82 | 1.81 |
PS Ratio | 0.47 | 0.56 | 0.46 | 0.12 | 0.53 | 0.06 |