VIPS
Vipshop Holdings Ltd
Next earnings Aug 12, 2026 · consensus $3.91 EPS, $25.2B rev
$13.13
▲ +1.66%$13.13▼ -6.50%
over 1Y
L $12.92EODHDH $19.86
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+1.7%
1W-0.8%
1M-9.0%
3M-15.0%
YTD-22.7%
1Y-6.5%
Buy
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 26 analysts
Buy
Profitable, cash-rich Chinese off-price e-commerce: $1.04B net income, 17.7% ROE, big buybacks — China/VIE risk is the offset.
Revenue $15.1B · FY2025
The read
Quality fundamentals and an attractive price line up (~2828% below fair value) — the rarer case where both the business and the entry look good.
Vipshop is a Chinese online discount retailer specializing in branded apparel and goods. The FY2025 fundamentals describe a solidly profitable, well-capitalized business: revenue of $15.1B, net income of $1.04B, a 23.1% gross margin, 7.7% operating margin and a strong 17.7% return on equity. The balance sheet is a fortress — $3.29B of cash, only nominal long-term debt, liabilities/equity of just 0.84x, and retained earnings up 18.2% to $6.95B. (Note: the reported per-share figures are unreliable here, with shares outstanding showing as zero, so the headline P/E should be disregarded; the analysis rests on the absolute and margin data.)
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | $15.1B |
| Gross profit | $3.63B | $3.13B | $3.62B | $3.49B | $3.50B |
| Operating income | $876M | $899M | $1.28B | $1.26B | $1.16B |
| Net income | — | — | — | — | $1.04B |
| Diluted EPS | $5.29 | $7.13 | $10.16 | $9.83 | $10.12 |
| Net margin | — | — | — | — | 6.8% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value-$2.44B
EV / EBITDA—
EV / Sales-0.2
EV / FCF-3.1
P / FCF0.0
PEG (trailing)0.00
Earnings yield—
FCF yield—
Quality & risk
ROIC (est.)13.7%
Free cash flow$782M
Total debt$845M
Net cash$2.44B
Altman Z-Score2.68 grey
Piotroski F-Score6/6
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY-100.0%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Recent filings
all on EDGAR ↗4Period ending 2026-06-092026-06-11open ↗4Period ending 2026-06-092026-06-11open ↗6-KPeriod ending 2026-05-212026-05-21open ↗SCHEDULE 13G/AFiling2026-05-07open ↗SCHEDULE 13GFiling2026-05-06open ↗20-FPeriod ending 2025-12-312026-04-16open ↗4Period ending 2026-04-082026-04-13open ↗4Period ending 2026-04-082026-04-10open ↗3Period ending 2026-03-182026-03-18open ↗3Period ending 2026-03-182026-03-18open ↗3Period ending 2026-03-182026-03-18open ↗3Period ending 2026-03-182026-03-18open ↗
Frequently asked
- Is Vipshop Holdings Ltd (VIPS) a buy?
- VIPS currently carries a Buy rating with 3/5 conviction, derived from its latest SEC filings. Profitable, cash-rich Chinese off-price e-commerce: $1.04B net income, 17.7% ROE, big buybacks — China/VIE risk is the offset.
- What is VIPS's fair value?
- A Modified-Graham model based on VIPS's SEC fundamentals estimates a fair value of about $384.56. It is an estimate from reported earnings, not a price target.
- Is VIPS overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, VIPS currently appears undervalued relative to its SEC-grounded earnings power.
- What is Vipshop Holdings Ltd's quality score?
- VIPS scores 82/100 (grade A-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001529192, latest 4 filed 2026-06-11) · EODHD · analysis by claude-code · as of 6/21/2026, 8:58:49 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.