$VIPS Income Statement | Understand Stock

$VIPS

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of income and comprehensive income

In millions of CNY; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Net revenues
Product revenues
Other revenues
Total net revenues
Cost of revenues
Gross profit
Operating expenses:
Fulfillment expenses (Including shipping and handling expenses of RMB5,837,096, RMB5,822,405 and RMB5,822,804 for the years ended December 31, 2023, 2024 and 2025, respectively)
Marketing expenses
Technology and content expenses
General and administrative expenses
Goodwill impairment loss
Total operating expenses
Other operating income
Income from operations
Impairment loss of investments
Interest expenses
Interest income
Exchange gain (loss)
Investment (loss) gain and revaluation of investments
Income before income taxes and share of income of equity method investees
Income tax expense
Share of income of equity method investees, net of tax of nil
Net income
Other comprehensive income (loss):
Share of equity adjustments for other comprehensive income (loss) of an equity method investee
Foreign currency translation, net of tax of nil
Comprehensive income
Less: Comprehensive income attributable to non-controlling interests
Comprehensive income attributable to Vipshop Holdings Limited's shareholders
Net income attributable to non-controlling interests
Net income attributable to Vipshop Holdings Limited's shareholders
Weighted average number of Class A and Class B ordinary shares for computing earnings per Class A and Class B ordinary share:
-Basic (in shares)
-Diluted (in shares)
Net earnings per Class A and Class B ordinary share
-Basic (in dollars per share)
-Diluted (in dollars per share)

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