VIPS Consumer CyclicalBeta data

Vipshop Holdings Limited

$13.04-2.18%

Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026

Basics

Sector: Consumer Cyclical
Industry: Internet Retail
Country: China
Market cap: 6.2B USD
Enterprise value: 3.0B USD
Full-time employees: 15,145

Overall health

Strength: more profitable than most peersmore profitable than peers
Strength: its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback: growing more slowly than most peersgrowing more slowly than peers
About average: risk (debt, liquidity and share-price swings)risk

Ranks #220 of 1,502 consumer cyclical companies (top 15%)

See how it ranks against its peers

Worth knowing

Borrowing rising faster than profit. Since 2022: debt +117%, operating profit +31%.
Vipshop's debt grew 117% since 2022 while operating profit changed +31%.
Profits growing faster than sales. Since 2022: revenue +2.7%, operating profit +31%.
Since 2022, Vipshop's revenue grew 2.7% while operating profit grew 31%: each extra dollar of sales is adding more profit.
Profitable, but revenue is shrinking. More profitable than most peers, but revenue fell 2.3% in the 12 months to December 2025 vs the 12 months before.
Vipshop is more profitable than most peers, yet revenue fell 2.3% in the 12 months to December 2025 vs the 12 months before.
Financials may be out of date. Latest financial period ended 10 months ago.
The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.

StockQuotient Score

69/ 100

Oct 5 69 → Nov 4 69

Fundamentals: Yahoo Finance, not primary filings

Valuation

Is the price right?

99/100

Strong

2/3 inputs reported · Partial data

Since last year: No major changeValuation also moves with the share price every day.

Why

Stronger than most peers on:

▲ Earnings yield
▲ EBITDA yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield23.8%

Yahoo Finance · trailing 12 monthsOutlier capped at sector 5th/95th percentile30% base weight · Z-score 3.10Sector median: 0.0439 · MAD: 0.0329

EBITDA yield47.5%

Yahoo Finance · trailing 12 months · CNY→USD convertedOutlier capped at sector 5th/95th percentile50% base weight · Z-score 4.05Sector median: 0.0877 · MAD: 0.0461

Free cash flow yieldUnavailable

Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.0614 · MAD: 0.0545

Other data (not scored)

Book yield98.7%

Yahoo FinanceReported valueInformational · 0% composite weightSector median: 0.5650 · MAD: 0.3500

Growth

Is it growing?

32/100

Weak

3/3 inputs reported · High confidence

Since last year: ▼ Weaker

12-month revenue fell 2.3%

Why

Weaker than most peers on:

▼ Revenue growth
▼ 3-yr revenue

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth-1.4%

Yahoo Finance · fiscal year to Dec 2025Reported value33% base weight · Z-score -0.22Sector median: 0.0420 · MAD: 0.2537

3-year revenue growth0.9%

SEC filings · 3 years to Dec 2025Reported value33% base weight · Z-score -0.53Sector median: 0.0425 · MAD: 0.0636

Revenue growth-2.3%

SEC filings · 12 months to Dec 2025Reported value33% base weight · Z-score -0.92Sector median: 0.0373 · MAD: 0.0653

Profitability

Does it earn well?

90/100

Strong

3/3 inputs reported · High confidence

Since last year: No major change

Why

Stronger than most peers on:

▲ ROIC
▲ ROA

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin7.7%

SEC filings · 12 months to Dec 2025Reported value33% base weight · Z-score 0.28Sector median: 0.0638 · MAD: 0.0461

Return on assets9.2%

SEC filings · 12 months to Dec 2025Reported value33% base weight · Z-score 2.31Sector median: 0.0331 · MAD: 0.0254

Return on invested capital35.7%

SEC filings · 12 months to Dec 2025Reported value33% base weight · Z-score 4.73Sector median: 0.0733 · MAD: 0.0600

Other data (not scored)

Gross margin23.4%

Yahoo Finance · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.3025 · MAD: 0.1399

Return on equity23.5%

Yahoo Finance · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.0746 · MAD: 0.0674

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

3/3 inputs reported · High confidence

Since last year: No major change

Why

Helped by:

▲ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta0.64

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -0.00Sector median: 0.6345 · MAD: 0.2980

Current ratio1.28×

Yahoo FinanceReported value33% base weight · Z-score -0.36Sector median: 1.4800 · MAD: 0.5570

Debt / equity0.24×

Yahoo FinanceReported value33% base weight · Z-score 0.63Sector median: 0.4646 · MAD: 0.3556

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Vipshop

Is Vipshop getting weaker?: Its latest SEC filing (Apr 16, 2026) got weaker in some ways: 12-month revenue fell 2.3%. Its overall score is unchanged at 69/100 since Oct 28, 2026.
How is Vipshop valued vs its peers?: Priced lower than most peers relative to what it earns. Valuation scores 99/100 against 1,612 consumer cyclical peers. Earnings yield 23.8% vs a peer median of 4.4% (stronger than 95% of peers).Earnings yield 23.8% vs peers 4.4% (stronger than 95% of peers).
Is Vipshop growing?: More slowly than most of its peers. Growth scores 32/100 against 1,612 consumer cyclical peers. Revenue growth -2.3% vs a peer median of 3.7% (weaker than 74% of peers).Revenue growth -2.3% vs peers 3.7% (weaker than 74% of peers).
How profitable is Vipshop?: More profitable than most of its peers. Profitability scores 90/100 against 1,612 consumer cyclical peers. Return on invested capital 35.7% vs a peer median of 7.3% (stronger than 93% of peers).Return on invested capital 35.7% vs peers 7.3% (stronger than 93% of peers).
How risky is Vipshop?: Moderate risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Debt / equity 0.24× vs a peer median of 0.46× (stronger than 70% of peers).Debt / equity 0.24× vs peers 0.46× (stronger than 70% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Year ended Dec 31, 2025 · filed Apr 16, 2026 · compared with the year ended Dec 31, 2024

Got weaker

12-month revenue fell 2.3%

	Previous year	Latest year	Change
Revenue (12 months)	108.4B CNY	105.9B CNY	−2.3%
Net income (12 months)	7.8B CNY	7.2B CNY	−7.6%
Operating margin	8.5%	7.7%	−0.8 pts
Free cash flow (12 months)	6.4B CNY	5.5B CNY	−14.6%
Cash	26.4B CNY	23.0B CNY	−12.8%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one year at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year · amounts in CNY, as reported

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Gross margin	19.7%	21.0%	22.8%	23.5%	23.1%	▼ 0.4 pts
Operating margin	4.8%	6.0%	8.1%	8.5%	7.7%	▼ 0.8 pts
Net margin	4.0%	6.1%	7.2%	7.1%	6.8%	▼ 0.3 pts
Return on assets (ROA)	7.5%	9.6%	11.2%	10.3%	9.2%	▼ 1.1 pts
Return on equity (ROE)	14.4%	19.3%	22.0%	19.4%	17.7%	▼ 1.7 pts
Free cash flow margin	3.4%	7.8%	10.9%	5.9%	5.2%	▼ 0.7 pts
Current ratio	1.27×	1.18×	1.23×	1.26×	1.28×	▲ 1.4%
Quick ratio	1.01×	0.99×	1.04×	1.10×	1.11×	▲ 1.8%
Debt to equity	0.06×	0.08×	0.04×	0.06×	0.14×	▲ 137%
Interest coverage	386.03×	255.48×	397.01×	159.05×	90.36×	▼ 43%

VIPS price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

Sanrio Company, Ltd.8136.T96/ 100

Track & Field Co S.A.TFCO4.SA92/ 100

Pop Mart International Group Limited9992.HK91/ 100

Bringing the fundamentals into focus…

Overall health

Strength: more profitable than most peersmore profitable than peers

Strength: its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings

Drawback: growing more slowly than most peersgrowing more slowly than peers

About average: risk (debt, liquidity and share-price swings)risk

Ranks #220 of 1,502 consumer cyclical companies (top 15%)

See how it ranks against its peers

Worth knowing

Borrowing rising faster than profit. Since 2022: debt +117%, operating profit +31%.

Vipshop's debt grew 117% since 2022 while operating profit changed +31%.

Profits growing faster than sales. Since 2022: revenue +2.7%, operating profit +31%.

Since 2022, Vipshop's revenue grew 2.7% while operating profit grew 31%: each extra dollar of sales is adding more profit.

Profitable, but revenue is shrinking. More profitable than most peers, but revenue fell 2.3% in the 12 months to December 2025 vs the 12 months before.

Vipshop is more profitable than most peers, yet revenue fell 2.3% in the 12 months to December 2025 vs the 12 months before.

Financials may be out of date. Latest financial period ended 10 months ago.

The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.

Questions investors ask about Vipshop

Is Vipshop getting weaker?

Its latest SEC filing (Apr 16, 2026) got weaker in some ways: 12-month revenue fell 2.3%. Its overall score is unchanged at 69/100 since Oct 28, 2026.

How is Vipshop valued vs its peers?

Priced lower than most peers relative to what it earns. Valuation scores 99/100 against 1,612 consumer cyclical peers. Earnings yield 23.8% vs a peer median of 4.4% (stronger than 95% of peers).Earnings yield 23.8% vs peers 4.4% (stronger than 95% of peers).

Is Vipshop growing?

More slowly than most of its peers. Growth scores 32/100 against 1,612 consumer cyclical peers. Revenue growth -2.3% vs a peer median of 3.7% (weaker than 74% of peers).Revenue growth -2.3% vs peers 3.7% (weaker than 74% of peers).

How profitable is Vipshop?

More profitable than most of its peers. Profitability scores 90/100 against 1,612 consumer cyclical peers. Return on invested capital 35.7% vs a peer median of 7.3% (stronger than 93% of peers).Return on invested capital 35.7% vs peers 7.3% (stronger than 93% of peers).

How risky is Vipshop?

Moderate risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Debt / equity 0.24× vs a peer median of 0.46× (stronger than 70% of peers).Debt / equity 0.24× vs peers 0.46× (stronger than 70% of peers). A relative measure, not a bankruptcy probability.

Previous year

Latest year

Change

Revenue (12 months)

108.4B CNY

105.9B CNY

−2.3%

Net income (12 months)

7.8B CNY

7.2B CNY

−7.6%

Operating margin

8.5%

7.7%

−0.8 pts

Free cash flow (12 months)

6.4B CNY

5.5B CNY

−14.6%

Cash

26.4B CNY

23.0B CNY

−12.8%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Gross margin

19.7%

21.0%

22.8%

23.5%

23.1%

▼ 0.4 pts

Operating margin

4.8%

6.0%

8.1%

8.5%

7.7%

▼ 0.8 pts

Net margin

4.0%

6.1%

7.2%

7.1%

6.8%

▼ 0.3 pts

Return on assets (ROA)

7.5%

9.6%

11.2%

10.3%

9.2%

▼ 1.1 pts

Return on equity (ROE)

14.4%

19.3%

22.0%

19.4%

17.7%

▼ 1.7 pts

Free cash flow margin

3.4%

7.8%

10.9%

5.9%

5.2%

▼ 0.7 pts

Current ratio

1.27×

1.18×

1.23×

1.26×

1.28×

▲ 1.4%

Quick ratio

1.01×

0.99×

1.04×

1.10×

1.11×

▲ 1.8%

Debt to equity

0.06×

0.08×

0.04×

0.06×

0.14×

▲ 137%

Interest coverage

386.03×

255.48×

397.01×

159.05×

90.36×

▼ 43%