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Vipshop (VIPS) Financials

Vipshop logo
$14.12 +0.06 (+0.43%)
Closing price 05/29/2025 03:59 PM Eastern
Extended Trading
$14.10 -0.01 (-0.11%)
As of 05/29/2025 06:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for Vipshop

Annual Income Statements for Vipshop

This table shows Vipshop's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Income / (Loss) Attributable to Common Shareholders		 1,060 1,143 913 735 909 577 310 299 292 242 135
Consolidated Net Income / (Loss)		 1,074 1,155 915 736 910 572 311 290 286 230 121
Net Income / (Loss) Continuing Operations		 1,074 1,155 915 736 910 572 311 290 286 230 121
Total Pre-Tax Income 		1,368 1,407 1,171 922 1,080 710 400 390 382 312 170
Total Operating Income		 1,257 1,282 899 876 901 685 352 413 388 315 134
Total Gross Profit		 3,489 3,623 3,134 3,626 3,274 2,969 2,484 2,500 1,950 1,507 925
Total Revenue		 14,854 15,895 14,956 18,369 15,666 13,352 12,303 11,188 8,115 6,121 3,719
Operating Revenue		 14,854 15,895 14,956 18,369 15,666 13,352 12,303 11,188 8,115 6,000 3,648
Total Cost of Revenue		 11,364 12,273 11,822 14,743 12,393 10,383 9,818 8,688 6,165 4,614 2,794
Operating Cost of Revenue		 11,364 12,273 11,822 14,743 12,393 10,383 9,818 8,688 6,165 4,614 2,794
Total Operating Expenses		 2,241 2,340 2,235 2,750 2,372 2,284 2,132 2,087 1,561 1,191 791
Selling, General & Admin Expense		 806 833 879 896 764 809 680 653 503 362 263
Marketing Expense		 408 457 411 799 659 477 472 457 407 318 187
Other Operating Expenses / (Income)		 1,018 1,051 946 1,056 949 958 980 977 652 511 340
Impairment Charge		 8.39 - - - - 40 0.00 0.00 - - -
Total Other Income / (Expense), net		 120 124 273 46 178 24 47 -23 -5.97 -3.05 36
Interest Expense		 7.90 3.23 3.52 2.27 10 12 23 13 12 13 12
Interest & Investment Income		 111 105 176 40 213 13 60 3.64 -1.08 25 45
Other Income / (Expense), net		 17 23 100 7.63 -25 24 10 -14 7.33 -15 3.13
Income Tax Expense		 317 263 255 192 174 141 82 96 86 70 39
Other Gains / (Losses), net		 23 11 -0.95 6.64 4.62 3.90 -6.84 -3.42 -10 -13 -10
Net Income / (Loss) Attributable to Noncontrolling Interest		 14 12 1.89 1.85 1.91 -4.36 0.68 -8.78 -6.32 -12 -14
Basic Earnings per Share		 $10.00 $73.32 $49.51 $34.38 $43.73 $30.08 $16.09 $16.59 $17.57 $13.74 $7.42
Weighted Average Basic Shares Outstanding		 106.07M 110.70M 127.24M 136.18M 135.08M 133.52M 132.27M 117.55M 115.96M 115.74M 113.31M
Diluted Earnings per Share		 $9.83 $72.11 $49.15 $33.74 $42.79 $29.58 $15.61 $15.94 $16.86 $13.23 $7.00
Weighted Average Diluted Shares Outstanding		 107.86M 112.55M 128.16M 138.75M 138.04M 136.08M 140.08M 125.72M 125.82M 120.17M 120.23M
Weighted Average Basic & Diluted Shares Outstanding		 102.54M 108.46M 117.18M 135.79M 135.73M 134.09M 132.91M 131.23M 118.02M 116.60M 114.54M

Quarterly Income Statements for Vipshop

No quarterly income statements for Vipshop are available.

Annual Cash Flow Statements for Vipshop

This table details how cash moves in and out of Vipshop's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Change in Cash & Equivalents		 90 450 860 684 783 -333 -27 938 113 -223 445
Net Cash From Operating Activities		 1,251 2,030 1,525 1,058 1,818 1,765 836 151 406 292 525
Net Cash From Continuing Operating Activities		 1,251 2,030 1,525 1,058 1,818 1,765 836 151 406 292 522
Net Income / (Loss) Continuing Operations		 1,074 1,155 915 736 910 572 311 290 286 230 121
Consolidated Net Income / (Loss)		 1,074 1,155 915 736 910 572 311 290 286 230 121
Depreciation Expense		 194 183 179 172 149 119 112 111 88 44 18
Amortization Expense		 28 24 20 19 22 14 17 62 63 50 45
Non-Cash Adjustments To Reconcile Net Income		 219 159 231 313 245 301 40 113 243 101 64
Changes in Operating Assets and Liabilities, net		 -264 508 181 -183 491 758 356 -425 -273 -133 275
Net Cash From Investing Activities		 -488 -727 152 -365 -1,030 -1,183 -974 -312 -239 -447 -684
Net Cash From Continuing Investing Activities		 -488 -727 152 -365 -1,030 -1,183 -974 -312 -239 -447 -684
Purchase of Property, Plant & Equipment		 -373 -305 -352 -429 -344 -944 -367 -337 -283 -334 -260
Acquisitions		 0.00 0.00 -56 -23 -88 -395 0.00 -38 -15 -13 -117
Purchase of Investments		 -700 -597 -1,664 -1,497 -2,453 -87 -532 -57 -333 -961 -1,090
Sale of Property, Plant & Equipment		 2.81 28 6.21 62 47 4.80 0.72 1.43 1.92 0.03 0.00
Sale and/or Maturity of Investments		 633 502 2,194 1,650 1,643 359 109 165 478 1,162 805
Other Investing Activities, net		 -51 -354 25 -128 166 -121 -185 -47 -88 -302 -21
Net Cash From Financing Activities		 -681 -866 -808 -9.23 -3.21 -898 85 1,100 -56 -82 619
Net Cash From Continuing Financing Activities		 -681 -866 -808 -9.23 -3.21 -898 85 1,100 -56 -82 619
Repayment of Debt		 -746 -473 -587 -490 -414 -1,157 -357 -3.79 -14 -87 -171
Repurchase of Common Equity		 -530 -719 -907 -304 0.00 0.00 - - -28 -99 0.00
Payment of Dividends		 -241 -12 -8.53 -2.84 -1.92 0.00 0.00 - - - -
Issuance of Debt		 877 295 666 638 391 261 449 256 0.43 102 786
Issuance of Common Equity		 22 40 27 72 19 15 0.15 861 0.20 1.48 1.89
Other Financing Activities, net		 -63 3.42 1.96 77 2.24 -18 -6.18 -13 -15 0.96 1.76
Effect of Exchange Rate Changes		 8.67 12 -9.18 0.09 -1.93 -16 26 - - 14 -16
Cash Interest Paid		 7.90 3.73 3.16 2.16 10 12 23 13 12 13 9.30
Cash Income Taxes Paid		 297 251 238 214 175 117 139 146 90 68 73

Quarterly Cash Flow Statements for Vipshop

No quarterly cash flow statements for Vipshop are available.

Annual Balance Sheets for Vipshop

This table presents Vipshop's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Assets		 10,266 10,186 9,493 9,774 9,065 6,975 6,341 5,828 3,598 3,050 2,726
Total Current Assets		 5,179 5,290 4,891 5,154 4,795 3,306 3,977 3,977 2,091 1,850 2,126
Cash & Equivalents		 3,610 3,580 3,181 2,557 1,845 944 1,389 1,530 589 506 770
Restricted Cash		 83 124 169 137 125 164 72 38 0.00 - 0.06
Short-Term Investments		 257 279 231 844 1,127 438 338 38 96 275 606
Note & Lease Receivable		 0.94 0.62 0.13 0.02 4.19 44 45 0.00 - - -
Accounts Receivable		 464 433 413 537 454 609 1,352 1,302 665 343 135
Inventories, net		 689 795 800 1,077 1,175 1,107 781 1,068 710 695 577
Other Current Assets		 75 78 97 - 63 0.00 - - - - -
Plant, Property, & Equipment, net		 2,506 2,378 2,352 2,256 2,089 1,616 1,242 1,022 641 449 307
Total Noncurrent Assets		 2,581 2,518 2,250 2,365 2,181 2,053 1,122 830 867 751 330
Long-Term Investments		 734 714 699 778 740 734 311 92 144 154 63
Noncurrent Note & Lease Receivables		 59 - - 180 243 261 0.00 - - - -
Goodwill		 103 106 109 92 91 34 53 56 53 17 9.65
Intangible Assets		 45 47 49 50 51 48 51 62 104 113 167
Noncurrent Deferred & Refundable Income Taxes		 93 96 99 119 97 77 57 44 0.00 - 37
Other Noncurrent Operating Assets		 1,546 1,554 1,293 1,144 959 897 649 576 566 467 53
Total Liabilities & Shareholders' Equity		 10,266 10,186 9,493 9,774 9,065 6,975 6,341 5,828 3,598 3,050 2,726
Total Liabilities		 4,574 4,755 4,553 4,466 4,546 3,781 3,836 3,642 2,769 2,500 2,292
Total Current Liabilities		 4,100 4,313 4,136 4,044 4,086 3,435 3,776 2,955 2,091 1,852 1,633
Short-Term Debt		 329 201 390 310 160 157 966 256 0.00 14 0.00
Accounts Payable		 2,081 2,431 2,177 2,130 2,405 2,057 1,740 1,766 1,203 1,043 996
Accrued Expenses		 1,324 1,347 1,217 1,202 1,184 938 802 543 476 473 376
Current Deferred Revenue		 344 302 310 358 291 235 268 390 412 322 260
Other Current Liabilities		 22 33 42 45 46 48 0.00 - - - -
Total Noncurrent Liabilities		 474 442 417 422 459 346 59 687 678 648 659
Capital Lease Obligations		 81 - - 150 209 200 0.00 - - - -
Noncurrent Deferred Revenue		 286 247 213 161 165 112 58 56 35 3.46 0.00
Noncurrent Deferred & Payable Income Tax Liabilities		 107 98 83 69 67 24 0.72 2.61 14 27 39
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Equity & Noncontrolling Interests		 5,692 5,431 4,940 5,308 4,520 3,195 2,505 2,187 829 550 434
Total Preferred & Common Equity		 5,476 5,206 4,749 5,121 4,383 3,134 2,512 2,193 822 539 411
Total Common Equity		 5,476 5,206 4,749 5,121 4,383 3,134 2,512 2,193 822 539 411
Common Stock		 673 626 1,898 1,919 1,664 1,430 1,366 1,337 449 432 408
Retained Earnings		 5,878 5,188 4,164 3,518 2,729 1,712 1,151 860 524 246 4.27
Treasury Stock		 -965 -511 -1,211 -303 0.00 - - - -101 -129 0.00
Accumulated Other Comprehensive Income / (Loss)		 -111 -98 -103 -14 -9.07 -8.13 -4.50 -3.72 -49 -11 -1.72
Noncontrolling Interest		 217 225 192 188 137 61 -7.43 -6.74 7.12 11 23

Quarterly Balance Sheets for Vipshop

No quarterly balance sheets for Vipshop are available.

Annual Metrics And Ratios for Vipshop

This table displays calculated financial ratios and metrics derived from Vipshop's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -6.55% 6.28% -18.58% 17.25% 17.34% 8.53% 9.96% 37.88% 32.57% 64.58% 116.25%
EBITDA Growth		 -0.95% 26.33% 11.35% 2.62% 24.38% 71.12% -13.83% 4.64% 38.65% 97.36% 206.34%
EBIT Growth		 -2.23% 30.75% 12.97% 0.79% 23.62% 95.51% -9.06% 0.84% 31.97% 118.51% 145.24%
NOPAT Growth		 -7.42% 48.35% 1.33% -8.28% 37.75% 96.26% -10.09% 3.49% 22.77% 137.56% 155.92%
Net Income Growth		 -7.03% 26.23% 24.27% -19.11% 59.07% 84.32% 6.94% 1.63% 24.40% 89.81% 128.27%
EPS Growth		 -3.20% 46.71% 45.67% -21.15% 44.66% 89.49% -2.07% -5.46% 27.44% 89.00% 151.80%
Operating Cash Flow Growth		 -38.40% 33.11% 44.11% -41.78% 3.03% 111.00% 455.43% -62.91% 39.24% -44.42% 220.72%
Free Cash Flow Firm Growth		 -45.52% 4.88% 274.20% -70.03% 56.22% 116.59% 167.09% -441.15% 79.32% -5,226,862.28% -100.00%
Invested Capital Growth		 37.57% -10.97% -27.65% 37.89% -17.83% -5.96% -0.82% 118.64% 154.15% 164.10% 21.10%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 23.49% 22.79% 20.96% 19.74% 20.90% 22.24% 20.19% 22.35% 24.03% 24.62% 24.87%
EBITDA Margin		 10.07% 9.51% 8.01% 5.85% 6.69% 6.31% 4.00% 5.11% 6.73% 6.43% 5.36%
Operating Margin		 8.46% 8.07% 6.01% 4.77% 5.75% 5.13% 2.86% 3.69% 4.78% 5.15% 3.60%
EBIT Margin		 8.57% 8.21% 6.67% 4.81% 5.60% 5.31% 2.95% 3.57% 4.88% 4.90% 3.69%
Profit (Net Income) Margin		 7.23% 7.27% 6.12% 4.01% 5.81% 4.29% 2.52% 2.60% 3.52% 3.75% 3.25%
Tax Burden Percent		 78.49% 82.12% 78.14% 79.90% 84.33% 80.65% 77.66% 74.48% 74.75% 73.58% 70.98%
Interest Burden Percent		 107.43% 107.77% 117.31% 104.30% 123.15% 100.07% 110.23% 97.74% 96.64% 104.15% 124.29%
Effective Tax Rate		 23.18% 18.68% 21.78% 20.82% 16.10% 19.90% 20.63% 24.64% 22.57% 22.32% 23.11%
Return on Invested Capital (ROIC)		 78.80% 105.13% 56.23% 55.44% 64.85% 41.57% 20.46% 31.11% 68.73% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 76.30% 102.45% 50.75% 54.27% 59.12% 40.04% 17.32% 35.19% 74.63% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 -59.49% -82.85% -38.37% -40.45% -41.25% -21.48% -7.23% -11.85% -27.29% 0.00% 0.00%
Return on Equity (ROE)		 19.31% 22.28% 17.86% 14.99% 23.60% 20.08% 13.24% 19.26% 41.44% 46.69% 35.74%
Cash Return on Invested Capital (CROIC)		 47.17% 116.74% 88.32% 23.58% 84.42% 47.71% 21.28% -43.36% -18.32% -156.88% 0.00%
Operating Return on Assets (OROA)		 12.45% 13.26% 10.36% 9.38% 10.93% 10.65% 5.96% 8.46% 11.90% 10.38% 7.22%
Return on Assets (ROA)		 10.50% 11.74% 9.50% 7.82% 11.35% 8.60% 5.10% 6.16% 8.60% 7.95% 6.37%
Return on Common Equity (ROCE)		 18.54% 21.38% 17.20% 14.49% 23.00% 19.90% 13.28% 19.26% 40.88% 45.06% 34.52%
Return on Equity Simple (ROE_SIMPLE)		 19.61% 22.19% 19.27% 14.38% 20.77% 18.26% 12.36% 13.24% 34.76% 42.63% 29.47%
Net Operating Profit after Tax (NOPAT)		 965 1,043 703 694 756 549 280 311 301 245 103
NOPAT Margin		 6.50% 6.56% 4.70% 3.78% 4.83% 4.11% 2.27% 2.78% 3.70% 4.00% 2.77%
Net Nonoperating Expense Percent (NNEP)		 2.50% 2.68% 5.48% 1.17% 5.73% 1.53% 3.15% -4.08% -5.90% -2.70% 2.31%
Return On Investment Capital (ROIC_SIMPLE)		 15.82% - - - - - - - - - -
Cost of Revenue to Revenue		 76.51% 77.21% 79.04% 80.26% 79.10% 77.76% 79.81% 77.65% 75.97% 75.38% 75.13%
SG&A Expenses to Revenue		 5.43% 5.24% 5.88% 4.88% 4.88% 6.06% 5.53% 5.84% 6.19% 5.91% 7.08%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 15.09% 14.72% 14.95% 14.97% 15.14% 17.11% 17.33% 18.66% 19.24% 19.47% 21.26%
Earnings before Interest and Taxes (EBIT)		 1,274 1,305 998 884 877 709 363 399 396 300 137
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 1,496 1,512 1,197 1,075 1,048 842 492 571 546 394 200
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.26 0.39 0.38 0.22 0.84 0.59 0.28 0.62 1.52 3.17 47.01
Price to Tangible Book Value (P/TBV)		 0.26 0.40 0.39 0.22 0.87 0.60 0.29 0.65 1.88 4.17 82.51
Price to Revenue (P/Rev)		 0.09 0.13 0.12 0.06 0.23 0.14 0.06 0.12 0.15 0.28 5.19
Price to Earnings (P/E)		 1.33 1.78 1.98 1.51 4.05 3.19 2.26 4.51 4.29 7.05 142.71
Dividend Yield		 3.31% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 75.33% 56.31% 50.55% 66.05% 24.71% 31.39% 44.33% 22.17% 23.32% 14.19% 0.70%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.33 0.00 0.00 0.38 1.69 5.73 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.05 0.13 0.23 4.98
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.33 0.00 0.00 0.92 1.94 3.59 92.78
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.39 0.00 0.00 1.32 2.67 4.72 134.93
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.46 0.00 0.00 1.70 3.52 5.78 179.57
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.19 0.00 0.00 3.51 2.61 4.85 35.28
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.35 0.00 0.00 0.00 0.00 0.00 2,496,631.57
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.07 0.04 0.08 0.09 0.08 0.11 0.39 0.40 0.76 1.15 1.43
Long-Term Debt to Equity		 0.01 0.00 0.00 0.03 0.05 0.07 0.00 0.29 0.76 1.12 1.43
Financial Leverage		 -0.78 -0.81 -0.76 -0.75 -0.70 -0.54 -0.42 -0.34 -0.37 -1.14 -2.29
Leverage Ratio		 1.84 1.90 1.88 1.92 2.08 2.34 2.59 3.13 4.82 5.87 5.61
Compound Leverage Factor		 1.98 2.05 2.21 2.00 2.56 2.34 2.86 3.06 4.66 6.11 6.97
Debt to Total Capital		 6.72% 3.57% 7.31% 7.97% 7.56% 10.30% 27.84% 28.79% 43.11% 53.48% 58.83%
Short-Term Debt to Total Capital		 5.39% 3.57% 7.31% 5.37% 3.28% 4.41% 27.84% 8.33% 0.00% 1.22% 0.00%
Long-Term Debt to Total Capital		 1.33% 0.00% 0.00% 2.59% 4.28% 5.89% 0.00% 20.46% 43.11% 52.25% 58.83%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 3.55% 4.00% 3.59% 3.25% 2.79% 1.70% -0.21% -0.22% 0.49% 0.95% 2.20%
Common Equity to Total Capital		 89.74% 92.44% 89.10% 88.78% 89.64% 88.00% 72.38% 71.43% 56.40% 45.57% 38.98%
Debt to EBITDA		 0.27 0.13 0.33 0.43 0.35 0.44 1.96 1.55 1.15 1.61 3.11
Net Debt to EBITDA		 -2.86 -2.97 -3.25 -3.59 -3.31 -2.27 -2.32 -1.43 -0.37 -0.77 -4.11
Long-Term Debt to EBITDA		 0.05 0.00 0.00 0.14 0.20 0.25 0.00 1.10 1.15 1.57 3.11
Debt to NOPAT		 0.42 0.19 0.55 0.66 0.49 0.67 3.45 2.84 2.09 2.58 6.01
Net Debt to NOPAT		 -4.43 -4.31 -5.54 -5.56 -4.59 -3.49 -4.09 -2.62 -0.67 -1.24 -7.95
Long-Term Debt to NOPAT		 0.08 0.00 0.00 0.22 0.28 0.38 0.00 2.02 2.09 2.52 6.01
Altman Z-Score		 2.97 3.07 2.87 2.97 3.05 2.86 2.53 2.78 3.09 2.85 6.80
Noncontrolling Interest Sharing Ratio		 3.97% 4.02% 3.70% 3.30% 2.56% 0.93% -0.30% 0.01% 1.33% 3.50% 3.42%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.26 1.23 1.18 1.27 1.17 0.96 1.05 1.35 1.00 1.00 1.30
Quick Ratio		 1.06 1.00 0.92 0.97 0.84 0.59 0.83 0.97 0.65 0.61 0.93
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 578 1,158 1,104 295 984 630 291 -434 -80 -387 0.01
Operating Cash Flow to CapEx		 337.77% 732.38% 440.53% 288.56% 611.87% 187.90% 228.40% 44.82% 144.51% 87.35% 201.66%
Free Cash Flow to Firm to Interest Expense		 73.14 358.49 313.90 130.01 95.02 51.03 12.51 -34.28 -6.56 -29.68 0.00
Operating Cash Flow to Interest Expense		 158.28 628.58 433.66 466.40 175.49 142.90 35.97 11.90 33.23 22.33 43.36
Operating Cash Flow Less CapEx to Interest Expense		 111.42 542.75 335.22 304.77 146.81 66.85 20.22 -14.66 10.24 -3.23 21.86
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.45 1.62 1.55 1.95 1.95 2.01 2.02 2.37 2.44 2.12 1.96
Accounts Receivable Turnover		 33.10 37.56 31.48 37.05 29.46 13.62 9.27 11.37 16.10 25.61 48.14
Inventory Turnover		 15.31 15.39 12.60 13.09 10.86 11.00 10.62 9.77 8.78 7.25 6.60
Fixed Asset Turnover		 6.08 6.72 6.49 8.45 8.46 9.34 10.87 13.46 14.89 16.18 22.43
Accounts Payable Turnover		 5.04 5.33 5.49 6.50 5.56 5.47 5.60 5.85 5.49 4.52 3.79
Days Sales Outstanding (DSO)		 11.03 9.72 11.60 9.85 12.39 26.80 39.37 32.09 22.66 14.25 7.58
Days Inventory Outstanding (DIO)		 23.84 23.71 28.98 27.89 33.61 33.19 34.38 37.34 41.59 50.32 55.33
Days Payable Outstanding (DPO)		 72.46 68.53 66.50 56.13 65.70 66.73 65.17 62.36 66.48 80.67 96.36
Cash Conversion Cycle (CCC)		 -37.59 -35.10 -25.93 -18.40 -19.71 -6.75 8.58 7.07 -2.23 -16.10 -33.45
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,419 934 1,049 1,451 1,052 1,280 1,361 1,372 628 247 -385
Invested Capital Turnover		 12.12 16.03 11.96 14.68 13.44 10.11 9.00 11.19 18.55 -88.48 -8.51
Increase / (Decrease) in Invested Capital		 387 -115 -401 399 -228 -81 -11 745 381 632 103
Enterprise Value (EV)		 -2,649 -2,242 -1,892 -2,558 346 -17 -452 528 1,058 1,414 18,509
Market Capitalization		 1,408 2,030 1,807 1,112 3,677 1,837 699 1,349 1,252 1,706 19,305
Book Value per Share		 $50.49 $44.43 $34.97 $37.73 $32.69 $23.58 $19.15 $18.59 $7.05 $4.70 $3.62
Tangible Book Value per Share		 $49.12 $43.12 $33.80 $36.67 $31.62 $22.96 $18.35 $17.59 $5.71 $3.57 $2.07
Total Capital		 6,102 5,632 5,330 5,768 4,889 3,561 3,471 3,071 1,457 1,182 1,054
Total Debt		 410 201 390 459 370 367 966 884 628 632 620
Total Long-Term Debt		 81 0.00 0.00 150 209 210 0.00 628 628 618 620
Net Debt		 -4,273 -4,497 -3,891 -3,858 -3,468 -1,914 -1,144 -814 -201 -303 -819
Capital Expenditures (CapEx)		 370 277 346 367 297 939 366 336 281 334 260
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -2,542 -2,805 -2,436 -2,120 -2,229 -1,518 -632 -329 -686 -769 -883
Debt-free Net Working Capital (DFNWC)		 1,408 1,178 1,145 1,420 869 28 1,167 1,278 -0.37 13 493
Net Working Capital (NWC)		 1,079 977 755 1,110 708 -129 201 1,022 -0.37 -1.93 493
Net Nonoperating Expense (NNE)		 -109 -112 -212 -43 -154 -23 -31 21 15 15 -18
Net Nonoperating Obligations (NNO)		 -4,273 -4,497 -3,891 -3,858 -3,468 -1,914 -1,144 -814 -201 -303 -819
Total Depreciation and Amortization (D&A)		 222 207 199 191 171 133 130 172 150 94 62
Debt-free, Cash-free Net Working Capital to Revenue		 -17.11% -17.65% -16.29% -11.54% -14.23% -11.37% -5.14% -2.94% -8.45% -12.56% -23.75%
Debt-free Net Working Capital to Revenue		 9.48% 7.41% 7.65% 7.73% 5.54% 0.21% 9.49% 11.42% 0.00% 0.20% 13.25%
Net Working Capital to Revenue		 7.26% 6.15% 5.05% 6.04% 4.52% -0.97% 1.63% 9.13% 0.00% -0.03% 13.25%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $10.00 $73.32 $49.51 $34.38 $43.73 $4.32 $2.34 $2.55 $2.53 $2.12 $2.42
Adjusted Weighted Average Basic Shares Outstanding		 106.07M 110.70M 127.24M 136.18M 135.08M 133.52M 132.27M 117.55M 115.96M 115.74M 113.31M
Adjusted Diluted Earnings per Share		 $9.83 $72.11 $49.15 $33.74 $42.79 $4.25 $2.27 $2.45 $2.43 $2.04 $2.28
Adjusted Weighted Average Diluted Shares Outstanding		 107.86M 112.55M 128.16M 138.75M 138.04M 136.08M 140.08M 125.72M 125.82M 120.17M 120.23M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 102.54M 108.46M 117.18M 135.79M 135.73M 134.09M 132.91M 131.23M 118.02M 116.60M 114.54M
Normalized Net Operating Profit after Tax (NOPAT)		 972 1,043 703 694 756 581 280 311 301 245 103
Normalized NOPAT Margin		 6.54% 6.56% 4.70% 3.78% 4.83% 4.35% 2.27% 2.78% 3.70% 4.00% 2.77%
Pre Tax Income Margin		 9.21% 8.85% 7.83% 5.02% 6.89% 5.32% 3.25% 3.48% 4.71% 5.10% 4.58%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 161.19 404.10 283.84 389.40 84.62 57.43 15.60 31.53 32.38 22.96 11.34
NOPAT to Interest Expense		 122.17 322.83 199.85 305.67 72.99 44.46 12.03 24.59 24.61 18.75 8.52
EBIT Less CapEx to Interest Expense		 114.33 318.27 185.40 227.77 55.94 -18.62 -0.15 4.98 9.38 -2.61 -10.16
NOPAT Less CapEx to Interest Expense		 75.31 237.00 101.41 144.04 44.31 -31.60 -3.72 -1.96 1.61 -6.81 -12.98
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 22.46% 1.05% 0.93% 0.39% 0.21% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 71.77% 63.32% 100.07% 41.70% 0.21% 0.00% 0.00% 0.00% 9.72% 43.10% 0.00%

Quarterly Metrics And Ratios for Vipshop

No quarterly metrics and ratios for Vipshop are available.

Frequently Asked Questions About Vipshop's Financials

When does Vipshop's fiscal year end?

According to the most recent income statement we have on file, Vipshop's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Vipshop's net income changed over the last 10 years?

Vipshop's net income appears to be on an upward trend, with a most recent value of $1.07 billion in 2024, rising from $121.01 million in 2014. The previous period was $1.16 billion in 2023. View Vipshop's forecast to see where analysts expect Vipshop to go next.

What is Vipshop's operating income?
Vipshop's total operating income in 2024 was $1.26 billion, based on the following breakdown:
  • Total Gross Profit: $3.49 billion
  • Total Operating Expenses: $2.24 billion
How has Vipshop revenue changed over the last 10 years?

Over the last 10 years, Vipshop's total revenue changed from $3.72 billion in 2014 to $14.85 billion in 2024, a change of 299.4%.

How much debt does Vipshop have?

Vipshop's total liabilities were at $4.57 billion at the end of 2024, a 3.8% decrease from 2023, and a 99.6% increase since 2014.

How much cash does Vipshop have?

In the past 10 years, Vipshop's cash and equivalents has ranged from $506.13 million in 2015 to $3.61 billion in 2024, and is currently $3.61 billion as of their latest financial filing in 2024.

How has Vipshop's book value per share changed over the last 10 years?

Over the last 10 years, Vipshop's book value per share changed from 3.62 in 2014 to 50.49 in 2024, a change of 1,292.9%.


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This page (NYSE:VIPS) was last updated on 5/30/2025 by MarketBeat.com Staff
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