NYSE · RETAIL-CATALOG & MAIL-ORDER HOUSES · LARGE CAP
Vipshop Holdings Limited VIPS
16 fiscal years on record · CNY · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
¥105.9B
▼ 2.3% vs FY2024
EPS · FY25
¥70.74
Dividend / sh · FY25
—
Payout · FY25
25%
ROE · FY25
17.9%
Net margin · FY25
6.8%
Dividend coverage
—
Advertisement
AdSense · Leaderboard 728×90320×100
Result
CNY 105.9B
Revenue, FY2025 · full 16-year series below
Revenue
Net income
7 cents of every revenue dollar became profit this year.
Per share
CNY 70.74
Diluted EPS, FY2025
EPS
The company pays no cash dividend.
Profitability
17.9%
Return on equity, FY2025
ROE
Operating margin7.7%
Net margin6.8%
Return on assets9.4%
Each CNY of equity produced 18 cents of profit this year.
Returned to shareholders
CNY 6.7B
returned in FY2025 · dividends + net buybacks
Dividends paidCNY 1.8B
Net buybacksCNY 4.9B
Share of profit93.0%
Consecutive raises—
CNY 1.8B in dividends and CNY 4.9B in buybacks — 93% of the year's profit went back to shareholders.
Growth
+0.8% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+0.9%
+0.8%
+10.2%
+71.4%
Net income
+4.7%
+4.1%
+17.0%
EPS, diluted
+12.9%
+10.6%
+18.3%
Returned to shareholders
+2.5%
+26.5%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
—
Shares outstanding, FY2025
Change, 5 years—
Change, 10 years—
A share split breaks the comparison across the period, so we leave it out.
Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
CNY 78.8B
total assets, end of FY2025
Total assetsCNY 78.8B
EquityCNY 41.0B
CashCNY 23.0B
Gross debtCNY 5.8B
Net debtCNY -17.1B
Current ratio1.28×
The company holds more cash than debt.
History
16 fiscal years
Every figure from documents filed with the SEC · CNY
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
Revenue ¥B
105.9
108.4
112.9
103.2
117.1
101.9
93.0
84.5
72.9
56.6
40.2
23.1
10.4
0.7
0.2
0.0
Operating income ¥B
8.1
9.2
9.1
6.2
5.6
5.9
4.8
2.4
2.7
2.7
2.1
0.8
0.3
−0.0
−0.1
−0.0
EBITDA ¥B
9.7
10.6
10.4
7.4
6.7
6.8
5.6
3.2
3.4
3.3
2.4
0.9
0.4
−0.0
−0.1
−0.0
Income tax ¥B
1.8
2.3
1.9
1.8
1.2
1.1
1.0
0.6
0.6
0.6
0.5
0.2
0.1
0.0
·
·
Net income ¥B
7.2
7.7
8.1
6.3
4.7
5.9
4.0
2.1
1.9
2.0
1.5
0.8
0.3
−0.0
−0.1
−0.0
EPS, diluted ¥
70.74
71.76
72.11
49.15
33.74
42.79
29.58
15.61
15.94
16.86
13.23
7.00
0.45
−0.11
−3.38
−0.18
Dividend / sh ¥
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
25
22
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
17.9
20.1
23.3
19.3
15.4
23.5
20.4
13.5
18.9
43.0
49.5
53.8
197.2
−18.8
−2623.5
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
0.11
0.10
0.05
0.00
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
62 of 62
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed