Vipshop Holdings Limited (FRA:1VPA)
Germany · Delayed Price · Currency is EUR 11.80
-0.20 (-1.67%)
Last updated: Aug 26, 2026, 8:08 AM CET
Vipshop Holdings Income Statement
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 | Jun '26 Jun 30, 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 |
Operating Revenue | 96,300 | 97,399 | 100,735 | 105,613 | 97,250 | 111,257 |
Other Revenue | 8,826 | 8,521 | 7,686 | 7,243 | 5,902 | 5,803 |
| 105,126 | 105,920 | 108,421 | 112,856 | 103,152 | 117,060 | |
Revenue Growth | -0.80% | -2.31% | -3.93% | 9.41% | -11.88% | 14.92% |
Cost of Revenue | 80,523 | 81,429 | 82,951 | 87,135 | 81,536 | 93,953 |
Gross Profit | 24,603 | 24,490 | 25,470 | 25,721 | 21,616 | 23,107 |
Selling, General & Admin | 15,646 | 15,655 | 15,319 | 15,495 | 14,299 | 16,869 |
Research & Development | 1,798 | 1,755 | 1,892 | 1,768 | 1,605 | 1,517 |
Other Operating Expenses | -870.8 | -906.86 | -733.51 | -637.88 | -556.97 | -754.77 |
Operating Expenses | 16,573 | 16,503 | 16,478 | 16,624 | 15,347 | 17,632 |
Operating Income | 8,030 | 7,987 | 8,992 | 9,097 | 6,269 | 5,475 |
Interest Expense | -329 | -90.04 | -57.68 | -22.93 | -24.26 | -14.46 |
Interest & Investment Income | 742.89 | 801.59 | 809.79 | 780.29 | 764.02 | 671.46 |
Earnings From Equity Investments | 766.47 | 293.92 | 166.98 | 80.3 | -6.56 | 42.3 |
Currency Exchange Gain (Loss) | -62.29 | -62.09 | -24.81 | 162.67 | 687.87 | -37.05 |
EBT Excluding Unusual Items | 9,148 | 8,930 | 9,886 | 10,097 | 7,690 | 6,137 |
Gain (Loss) on Sale of Investments | 5,959 | 129.27 | 86.92 | -37.16 | 452.13 | -329.1 |
Gain (Loss) on Sale of Assets | -6.46 | -6.46 | 3.78 | -5.26 | -34.79 | -5.69 |
Asset Writedown | - | - | - | -156.24 | -239.3 | -61.92 |
Pretax Income | 15,256 | 9,209 | 10,154 | 10,067 | 8,071 | 5,916 |
Income Tax Expense | 4,741 | 1,799 | 2,316 | 1,866 | 1,759 | 1,223 |
Earnings From Continuing Operations | 10,515 | 7,410 | 7,839 | 8,201 | 6,312 | 4,693 |
Minority Interest in Earnings | -192.65 | -167.15 | -99.01 | -84.68 | -13.02 | -11.8 |
Net Income | 10,322 | 7,242 | 7,740 | 8,117 | 6,299 | 4,681 |
Net Income to Common | 10,322 | 7,242 | 7,740 | 8,117 | 6,299 | 4,681 |
Net Income Growth | 49.07% | -6.43% | -4.64% | 28.86% | 34.56% | -20.75% |
Shares Outstanding (Basic) | 486 | 500 | 530 | 553 | 636 | 681 |
Shares Outstanding (Diluted) | 499 | 512 | 539 | 563 | 641 | 694 |
Shares Change | -4.25% | -5.07% | -4.17% | -12.18% | -7.63% | 0.51% |
EPS (Basic) | 21.25 | 14.47 | 14.59 | 14.66 | 9.90 | 6.88 |
EPS (Diluted) | 20.69 | 14.15 | 14.35 | 14.42 | 9.83 | 6.75 |
EPS Growth | 55.66% | -1.42% | -0.48% | 46.71% | 45.67% | -21.15% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | - | 5,468 | 6,406 | 12,247 | 8,089 | 4,012 |
Free Cash Flow Per Share | - | 10.68 | 11.88 | 21.76 | 12.62 | 5.78 |
Dividend Per Share | - | 4.337 | 3.504 | 3.049 | - | - |
Dividend Growth | - | 23.77% | 14.91% | - | - | - |
Gross Margin | 23.40% | 23.12% | 23.49% | 22.79% | 20.95% | 19.74% |
Operating Margin | 7.64% | 7.54% | 8.29% | 8.06% | 6.08% | 4.68% |
Profit Margin | 9.82% | 6.84% | 7.14% | 7.19% | 6.11% | 4.00% |
Free Cash Flow Margin | - | 5.16% | 5.91% | 10.85% | 7.84% | 3.43% |
EBITDA | 9,614 | 9,517 | 10,414 | 10,400 | 7,503 | 6,584 |
EBITDA Margin | 9.14% | 8.98% | 9.61% | 9.21% | 7.27% | 5.62% |
D&A For EBITDA | 1,584 | 1,530 | 1,422 | 1,303 | 1,235 | 1,109 |
EBIT | 8,030 | 7,987 | 8,992 | 9,097 | 6,269 | 5,475 |
EBIT Margin | 7.64% | 7.54% | 8.29% | 8.06% | 6.08% | 4.68% |
Effective Tax Rate | 31.08% | 19.54% | 22.80% | 18.54% | 21.79% | 20.67% |
Revenue as Reported | 105,126 | 105,920 | 108,421 | 112,856 | 103,152 | 117,060 |
Advertising Expenses | - | 2,010 | 1,970 | 1,820 | 1,750 | 3,280 |