Vipshop Holdings Ltd - Understand $vips stock

$VIPS Market Cap: $6.807 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$109.9B

TTM

Gross Margin

23.75%

TTM

Net Earnings

$8.245B

TTM

Current Assets

$32.73B

Q3 2024

Current Liabilities

$27.16B

Q3 2024

Current Ratio

120.52%

Q3 2024

Total Assets

$69.48B

Q3 2024

Total Liabilities

$31.88B

Q3 2024

Book Value

$37.60B

Q3 2024

Cash

$21.87B

Q3 2024

P/E

0.8255

Nov 29, 2024 EST

Free Cash Flow

-$2.738B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$112.9B	$103.2B	$117.1B	$101.9B	$92.99B	$84.52B	$72.91B	$56.59B	$40.20B	$23.13B	$10.42B	$4.366B	$1.468B	$221.0M	$19.00M
YoY Change	9.41%	-11.88%	14.92%	9.53%	10.02%	15.93%	28.84%	40.76%	73.82%	121.95%	138.69%	197.41%	564.25%	1063.16%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$112.9B	$103.2B	$117.1B	$101.9B	$92.99B	$84.52B	$72.91B	$56.59B	$40.20B	$23.13B	$10.42B	$4.366B	$1.468B	$221.0M	$19.00M
Cost Of Revenue	$87.14B	$81.54B	$93.95B	$80.57B	$72.31B	$67.46B	$56.62B	$43.00B	$30.31B	$17.38B	$7.916B	$3.392B	$1.188B	$199.0M	$18.00M
Gross Profit	$25.72B	$21.62B	$23.11B	$21.29B	$20.68B	$17.07B	$16.29B	$13.60B	$9.896B	$5.751B	$2.504B	$975.0M	$280.0M	$22.00M	$2.000M
Gross Profit Margin	22.79%	20.96%	19.74%	20.9%	22.24%	20.19%	22.35%	24.03%	24.62%	24.86%	24.03%	22.33%	19.07%	9.95%	10.53%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Selling, General & Admin	$17.42B	$16.14B	$18.45B	$16.13B	$15.44B	$14.64B	$13.41B	$10.64B	$7.843B	$4.962B	$2.173B	$1.037B	$966.0M	$75.00M	$11.00M
YoY Change	7.9%	-12.5%	14.35%	4.46%	5.53%	9.1%	26.12%	35.61%	58.06%	128.35%	109.55%	7.35%	1188.0%	581.82%
% of Gross Profit	67.72%	74.68%	79.84%	75.8%	74.68%	85.74%	82.32%	78.22%	79.25%	86.28%	86.78%	106.36%	345.0%	340.91%	550.0%
Research & Development	$249.0M	$232.8M	$1.517B	$1.221B										$4.000M	$1.000M
YoY Change	6.95%	-84.66%	24.24%											300.0%
% of Gross Profit	0.97%	1.08%	6.57%	5.74%										18.18%	50.0%
Depreciation & Amortization	$1.520B	$1.231B	$1.260B	$1.139B	$950.0M	$889.0M	$1.117B	$1.013B	$583.0M	$361.0M	$55.00M	$29.00M	$9.000M	$1.000M	$0.00
YoY Change	23.49%	-2.24%	10.58%	19.89%	6.86%	-20.41%	10.27%	73.76%	61.5%	556.36%	89.66%	222.22%	800.0%
% of Gross Profit	5.91%	5.7%	5.45%	5.35%	4.59%	5.21%	6.86%	7.45%	5.89%	6.28%	2.2%	2.97%	3.21%	4.55%	0.0%
Operating Expenses	$16.62B	$15.42B	$17.52B	$15.43B	$15.63B	$14.65B	$13.60B	$10.89B	$7.825B	$4.918B	$2.174B	$1.066B	$974.0M	$78.00M	$11.00M
YoY Change	7.77%	-12.01%	13.6%	-1.3%	6.7%	7.67%	24.94%	39.14%	59.11%	126.22%	103.94%	9.45%	1148.72%	609.09%
Operating Profit	$9.104B	$6.197B	$5.582B	$5.859B	$5.051B	$2.421B	$2.690B	$2.709B	$2.071B	$833.0M	$330.0M	-$91.00M	-$694.0M	-$56.00M	-$9.000M
YoY Change	46.9%	11.02%	-4.72%	16.0%	108.63%	-10.0%	-0.7%	30.81%	148.62%	152.42%	-462.64%	-86.89%	1139.29%	522.22%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$902.0M	$1.974B	$705.6M	$1.202B	$297.0M	$346.0M	-$17.00M	$73.00M	$80.00M	$213.0M	$105.0M	$20.00M	-$2.000M	$0.00	$0.00
YoY Change	-54.3%	179.7%	-41.3%	304.71%	-14.16%	-2135.29%	-123.29%	-8.75%	-62.44%	102.86%	425.0%	-1100.0%
% of Operating Profit	9.91%	31.85%	12.64%	20.52%	5.88%	14.29%	-0.63%	2.69%	3.86%	25.57%	31.82%
Other Income/Expense, Net	$882.9M	$1.880B	$290.9M	$1.159B				$0.00	$0.00	$20.00M	$0.00	$16.00M	$4.000M
YoY Change	-53.03%	546.29%	-74.91%						-100.0%		-100.0%	300.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$9.987B	$8.077B	$5.873B	$7.019B	$4.943B	$2.747B	$2.541B	$2.666B	$2.051B	$1.060B	$435.0M	-$55.00M	-$693.0M	-$57.00M	-$9.000M
YoY Change	23.64%	37.52%	-16.32%	42.0%	79.94%	8.11%	-4.69%	29.99%	93.49%	143.68%	-890.91%	-92.06%	1115.79%	533.33%
Income Tax	$1.866B	$1.759B	$1.223B	$1.130B	$984.0M	$567.0M	$626.0M	$602.0M	$458.0M	$245.0M	$114.0M	$4.000M	$0.00	$0.00	$0.00
% Of Pretax Income	18.68%	21.77%	20.82%	16.1%	19.91%	20.64%	24.64%	22.58%	22.33%	23.11%	26.21%
Net Earnings	$8.117B	$6.299B	$4.681B	$5.907B	$4.017B	$2.129B	$1.950B	$2.037B	$1.590B	$841.0M	$321.0M	-$60.00M	-$693.0M	-$57.00M	-$9.000M
YoY Change	28.86%	34.56%	-20.75%	47.05%	88.68%	9.18%	-4.27%	28.11%	89.06%	161.99%	-635.0%	-91.34%	1115.79%	533.33%
Net Earnings / Revenue	7.19%	6.11%	4.0%	5.8%	4.32%	2.52%	2.67%	3.6%	3.95%	3.64%	3.08%	-1.37%	-47.21%	-25.79%	-47.37%
Basic Earnings Per Share	$73.32	$49.51	$34.38	$43.73
Diluted Earnings Per Share	$72.11	$49.15	$33.74M	$42.80M	$29.54M	$15.21M	$15.48M	$16.17M	$13.25M	$7.008M	$2.791M	-$674.2K	-$15.07M	-$587.6K	-$92.78K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Cash & Short-Term Investments	$27.40B	$23.53B	$21.68B	$19.32B	$9.627B	$11.86B	$10.22B	$4.781B	$5.132B	$8.559B	$4.362B	$1.312B	$283.0M	$7.000M	$2.000M
YoY Change	16.42%	8.56%	12.19%	100.73%	-18.84%	16.07%	113.76%	-6.84%	-40.04%	96.22%	232.47%	363.6%	3942.86%	250.0%
Cash & Equivalents	$25.41B	$21.94B	$16.30B	$12.00B	$6.574B	$9.541B	$9.974B	$4.110B	$3.324B	$4.791B	$2.026B	$775.0M	$283.0M	$7.000M	$2.000M
Short-Term Investments	$1.983B	$1.596B	$5.382B	$7.329B	$3.053B	$2.321B	$246.0M	$672.0M	$1.807B	$3.768B	$2.336B	$536.0M	$0.00
Other Short-Term Assets	$882.6M	$1.165B	$873.9M	$1.225B	$1.145B	$498.0M	$248.0M	$307.0M	$254.0M	$234.0M	$161.0M	$64.00M	$175.0M	$33.00M	$2.000M
YoY Change	-24.22%	33.29%	-28.66%	6.99%	129.92%	100.81%	-19.22%	20.87%	8.55%	45.34%	151.56%	-63.43%	430.3%	1550.0%
Inventory	$5.645B	$5.516B	$6.865B	$7.643B	$7.708B	$5.368B	$6.960B	$4.949B	$4.567B	$3.588B	$1.635B	$897.0M	$439.0M	$49.00M	$10.00M
Prepaid Expenses
Receivables	$778.8M	$567.7M	$425.8M	$16.00M	$244.0M	$372.0M	$192.0M	$168.0M	$161.0M	$41.00M	$3.000M	$44.00M	$26.00M	$9.000M	$3.000M
Other Receivables	$2.857B	$2.952B	$2.998B	$2.966B	$4.304B	$9.226B	$8.296B	$4.376B	$2.039B	$799.0M	$115.0M	$63.00M	$73.00M	$4.000M	$0.00
Total Short-Term Assets	$37.56B	$33.73B	$32.84B	$31.17B	$23.03B	$27.33B	$25.92B	$14.58B	$12.15B	$13.22B	$6.277B	$2.380B	$996.0M	$103.0M	$18.00M
YoY Change	11.34%	2.72%	5.35%	35.37%	-15.73%	5.44%	77.74%	19.98%	-8.07%	110.61%	163.74%	138.96%	866.99%	472.22%
Property, Plant & Equipment	$17.44B	$17.12B	$15.53B	$15.17B	$12.97B	$8.531B	$6.661B	$4.467B	$2.950B	$1.911B	$147.0M	$79.00M	$58.00M	$9.000M	$1.000M
YoY Change	1.86%	10.26%	2.37%	16.91%	52.06%	28.07%	49.12%	51.42%	54.37%	1200.0%	86.08%	36.21%	544.44%	800.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.072B	$4.823B	$4.960B	$4.811B	$5.116B	$2.138B	$600.0M	$1.004B	$1.012B	$390.0M
YoY Change	5.15%	-2.75%	3.09%	-5.96%	139.29%	256.33%	-40.24%	-0.79%	159.49%
Other Assets	$11.17B	$8.709B	$8.051B	$6.865B	$6.791B	$4.847B	$4.038B	$3.950B	$3.067B	$330.0M	$33.00M	$27.00M	$0.00	$1.000M	$0.00
YoY Change	28.22%	8.17%	17.27%	1.09%	40.11%	20.03%	2.23%	28.79%	829.39%	900.0%	22.22%		-100.0%
Total Long-Term Assets	$34.76B	$31.74B	$29.45B	$27.77B	$25.56B	$16.24B	$12.07B	$10.51B	$7.883B	$3.731B	$213.0M	$105.0M	$58.00M	$10.00M	$1.000M
YoY Change	9.52%	7.8%	6.04%	8.66%	57.39%	34.56%	14.78%	33.36%	111.28%	1651.64%	102.86%	81.03%	480.0%	900.0%
Total Assets	$72.32B	$65.48B	$62.29B	$58.94B	$48.58B	$43.56B	$37.98B	$25.09B	$20.04B	$16.95B	$6.490B	$2.485B	$1.054B	$113.0M	$19.00M
YoY Change
Accounts Payable	$17.26B	$15.02B	$13.14B	$15.19B	$13.79B	$11.63B	$11.45B	$8.334B	$6.645B	$6.121B	$2.887B	$1.205B	$554.0M	$55.00M	$7.000M
YoY Change	14.92%	14.25%	-13.47%	10.14%	18.59%	1.62%	37.33%	25.42%	8.56%	112.02%	139.59%	117.51%	907.27%	685.71%
Accrued Expenses	$9.641B	$8.531B	$4.907B	$5.193B	$5.193B	$4.216B	$2.842B	$2.298B	$2.069B	$1.522B	$624.0M	$219.0M	$74.00M	$12.00M	$1.000M
YoY Change	13.01%	73.86%	-5.51%	0.0%	23.17%	48.35%	23.67%	11.07%	35.94%	143.91%	184.93%	195.95%	516.67%	1100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$1.426B	$2.687B	$1.975B	$1.043B	$1.094B	$6.639B	$1.667B	$0.00	$95.00M	$0.00	$0.00	$0.00	$80.00M	$0.00	$0.00
YoY Change	-46.95%	36.06%	89.38%	-4.66%	-83.52%	298.26%		-100.0%				-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$30.62B	$28.53B	$25.77B	$26.57B	$23.93B	$25.95B	$19.26B	$14.58B	$12.17B	$10.16B	$5.017B	$1.971B	$939.0M	$180.0M	$29.00M
YoY Change	7.35%	10.69%	-3.0%	11.05%	-7.79%	34.73%	32.06%	19.87%	19.8%	102.41%	154.54%	109.9%	421.67%	520.69%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$65.00M	$0.00	$4.095B	$4.382B	$4.058B	$3.855B	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change				-100.0%		-100.0%	-6.55%	7.98%	5.27%
Other Long-Term Liabilities	$2.446B	$2.303B	$2.251B	$2.553B	$2.178B	$401.0M	$363.0M	$247.0M	$23.00M	$0.00
YoY Change	6.24%	2.29%	-11.83%	17.22%	443.14%	10.47%	46.96%	973.91%
Total Long-Term Liabilities	$2.446B	$2.303B	$2.251B	$2.553B	$2.243B	$401.0M	$4.458B	$4.629B	$4.081B	$3.855B	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	6.24%	2.29%	-11.83%	13.82%	459.35%	-91.0%	-3.69%	13.43%	5.86%
Total Liabilities	$35.36B	$32.72B	$29.65B	$30.44B	$26.76B	$26.30B	$23.69B	$19.36B	$16.50B	$14.40B	$5.017B	$1.971B	$939.0M	$180.0M	$29.00M
YoY Change	8.06%	10.35%	-2.59%	13.78%	1.73%	11.03%	22.34%	17.37%	14.58%	186.96%	154.54%	109.9%	421.67%	520.69%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	110.7M	127.2M	136.2M	135.1M
Diluted Shares Outstanding	112.6M	128.2M	138.7M	138.0M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $6.8067 Billion

About Vipshop Holdings Ltd

Vipshop Holdings Ltd. operates as a holding company which through its subsidiaries engages in the provision of online product sales and distributions services. The company is headquartered in Guangzhou, Guangdong and currently employs 14,638 full-time employees. The company went IPO on 2012-03-23. The firm offers branded products to consumers in China through flash sales mainly on its vip.com Website. The firm's segment is sales, product distribution and offering of goods on its online platforms. The firm conducts its business through its subsidiaries and consolidated affiliated entities in China. Through its flash sales model, the Company sells limited quantities of discounted branded products online for limited periods of time. The firm offers diversified product offerings from over 17,000 domestic and international brands, including apparel for women, men and children, fashion goods, cosmetics, home goods and other lifestyle products. The firm offers a range of products and services for consumers through lefeng.com, specializing in branded cosmetics, apparel, healthcare products, food and other consumer products.

Industry: Retail-Catalog & Mail-Order Houses Peers: Alibaba Group Holding Ltd PDD Holdings Inc.