Overview Dividends

(VIPS) Vipshop Holdings - Ratings and Ratios

Exchange: NYSE • Country: China • Currency: USD • Type: Common Stock • ISIN: US92763W1036

Apparel, Footwear, Accessories, Cosmetics, Home-Goods

EPS (Earnings per Share)

EPS CAGR: -7.11%
EPS Trend: -4.0%

Last SUE: 0.13σ
Qual. Beats: 0

Revenue

Revenue CAGR: -13.41%
Revenue Trend: -38.7%

Last SUE: 0.01σ
Qual. Beats: 0

Risk via 10d forecast
Volatility	44.6%
Value at Risk 5%th	63.8%
Relative Tail Risk	-13.10%

Reward TTM
Sharpe Ratio	1.06
Alpha	34.33

Character TTM
Hurst Exponent	0.510
Beta	0.653
Beta Downside	0.573

Drawdowns 3y
Max DD	39.32%
Mean DD	15.34%
Median DD	14.76%

Description: VIPS Vipshop Holdings November 03, 2025

Vipshop Holdings Limited (NYSE: VIPS) runs a suite of online retail platforms in China-including vip.com and vipshop.com-under the “Vip.com,” “Shan Shan Outlets,” and “Others” segments. The company sells a broad array of consumer goods, from apparel and accessories to cosmetics, home items, and supermarket products, and supplements its core e-commerce business with internet-finance services such as consumer and supplier financing, as well as logistics, procurement, and software development capabilities. Founded in 2008 and headquartered in Guangzhou, Vipshop positions itself as a discount-driven, brand-focused retailer targeting price-sensitive Chinese shoppers.

Key recent metrics suggest the model remains scalable: in FY 2023 the firm reported roughly RMB 210 billion in gross merchandise volume (GMV), a 13% year-over-year increase, and its active customer base grew to about 115 million, driven in part by expanding lower-tier city penetration. Margin pressure has eased, with net profit margins improving to 5.2% as the company leverages its proprietary logistics network to lower fulfillment costs. The broader Chinese e-commerce sector is benefitting from rising disposable income among the middle class and a gradual shift toward online grocery purchases, both of which underpin Vipshop’s diversification into supermarket-type items.

For a deeper, data-rich analysis of how Vipshop’s valuation compares to peers and to assess the sustainability of its growth trajectory, you may find ValueRay’s platform worth exploring.

VIPS Stock Overview

Market Cap in USD	9,190m
Sub-Industry	Broadline Retail
IPO / Inception	2012-03-23
Return 12m vs S&P 500	28.3%
Analyst Rating	3.71 of 5

VIPS Dividends

Metric	Value
Dividend Yield	2.53%
Yield on Cost 5y	1.96%
Yield CAGR 5y	0.00%
Payout Consistency	100.0%
Payout Ratio	2.8%

VIPS Growth Ratios

Metric	Value
CAGR 3y	26.25%
CAGR/Max DD Calmar Ratio	0.67
CAGR/Mean DD Pain Ratio	1.71
Current Volume	2097.8k
Average Volume	2944.2k

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (7.10b TTM) > 0 and > 6% of Revenue (6% = 6.40b TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA -6.11pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 8.64% (prev 5.42%; Δ 3.22pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.12 (>3.0%) and CFO 9.13b > Net Income 7.10b (YES >=105%, WARN >=100%)

Net Debt (-23.10b) to EBITDA (8.08b) ratio: -2.86 <= 3.0 (WARN <= 3.5)

Current Ratio 1.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (98.6m) change vs 12m ago -82.19% (target <= -2.0% for YES)

Gross Margin 23.13% (prev 23.71%; Δ -0.58pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 144.3% (prev 148.0%; Δ -3.68pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 90.59 (EBITDA TTM 8.08b / Interest Expense TTM 77.7m) >= 6 (WARN >= 3)

Altman Z'' 4.48

(A) 0.12 = (Total Current Assets 40.27b - Total Current Liabilities 31.05b) / Total Assets 78.33b

(B) 0.55 = Retained Earnings (Balance) 42.91b / Total Assets 78.33b

(D) 1.22 = Book Value of Equity 42.10b / Total Liabilities 34.54b

Total Rating: 4.48 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 65.65

1. Piotroski 5.50pt

2. FCF Yield 12.66%

3. FCF Margin 5.22%

4. Debt/Equity 0.08

5. Debt/Ebitda -2.86

6. ROIC - WACC (= 4.38)%

7. RoE 17.74%

8. Rev. Trend -38.66%

9. EPS Trend -4.05%

What is the price of VIPS shares?

As of November 25, 2025, the stock is trading at USD 18.96 with a total of 2,097,817 shares traded.
Over the past week, the price has changed by -3.27%, over one month by +3.10%, over three months by +11.79% and over the past year by +45.34%.

Is VIPS a buy, sell or hold?

Vipshop Holdings has received a consensus analysts rating of 3.71. Therefor, it is recommend to hold VIPS.

Strong Buy: 7
Buy: 3
Hold: 14
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the VIPS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	19.8	4.5%
Analysts Target Price	19.8	4.5%
ValueRay Target Price	21.2	11.9%

VIPS Fundamental Data Overview November 23, 2025

Market Cap CNY = 65.27b (9.19b USD * 7.1029 USD.CNY)
P/E Trailing = 9.9679
P/E Forward = 6.734
P/S = 0.0861
P/B = 1.6164
P/EG = 0.759
Beta = 0.734
Revenue TTM = 106.67b CNY
EBIT TTM = 7.04b CNY
EBITDA TTM = 8.08b CNY
Long Term Debt = 645.1m CNY (from capitalLeaseObligations, last quarter)
Short Term Debt = 7.87b CNY (from shortLongTermDebt, last quarter)
Debt = 3.25b CNY (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -23.10b CNY (from netDebt column, last fiscal year)
Enterprise Value = 43.96b CNY (65.27b + Debt 3.25b - CCE 24.57b)
Interest Coverage Ratio = 90.59 (Ebit TTM 7.04b / Interest Expense TTM 77.7m)
FCF Yield = 12.66% (FCF TTM 5.57b / Enterprise Value 43.96b)
FCF Margin = 5.22% (FCF TTM 5.57b / Revenue TTM 106.67b)
Net Margin = 6.66% (Net Income TTM 7.10b / Revenue TTM 106.67b)
Gross Margin = 23.13% ((Revenue TTM 106.67b - Cost of Revenue TTM 82.00b) / Revenue TTM)
Gross Margin QoQ = 22.97% (prev 23.46%)
Tobins Q-Ratio = 0.56 (Enterprise Value 43.96b / Total Assets 78.33b)
Interest Expense / Debt = 0.81% (Interest Expense 26.4m / Debt 3.25b)
Taxrate = 19.81% (301.1m / 1.52b)
NOPAT = 5.65b (EBIT 7.04b * (1 - 19.81%))
Current Ratio = 1.30 (Total Current Assets 40.27b / Total Current Liabilities 31.05b)
Debt / Equity = 0.08 (Debt 3.25b / totalStockholderEquity, last quarter 40.41b)
Debt / EBITDA = -2.86 (Net Debt -23.10b / EBITDA 8.08b)
Debt / FCF = -4.15 (Net Debt -23.10b / FCF TTM 5.57b)
Total Stockholder Equity = 40.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.06% (Net Income 7.10b / Total Assets 78.33b)
RoE = 17.74% (Net Income TTM 7.10b / Total Stockholder Equity 40.02b)
RoCE = 17.31% (EBIT 7.04b / Capital Employed (Equity 40.02b + L.T.Debt 645.1m))
RoIC = 12.43% (NOPAT 5.65b / Invested Capital 45.42b)
WACC = 8.05% (E(65.27b)/V(68.53b) * Re(8.42%) + D(3.25b)/V(68.53b) * Rd(0.81%) * (1-Tc(0.20)))
Discount Rate = 8.42% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -8.30%
[DCF Debug] Terminal Value 68.98% ; FCFE base≈7.01b ; Y1≈4.64b ; Y5≈2.16b
Fair Price DCF = 95.66 (DCF Value 39.72b / Shares Outstanding 415.2m; 5y FCF grow -39.39% → 3.0% )
EPS Correlation: -4.05 | EPS CAGR: -7.11% | SUE: 0.13 | # QB: 0
Revenue Correlation: -38.66 | Revenue CAGR: -13.41% | SUE: 0.01 | # QB: 0

Additional Sources for VIPS Stock

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