# Vipshop Holdings Limited (VIPS)

> Consumer Cyclical · CN · Reports in CNY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/VIPS/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | ¥ 105.92B | ¥ 7.24B | ¥ 0 | ¥ 6.45B | ¥ 41.00B |
| 2024 | ¥ 108.95B | ¥ 7.78B | ¥ 0 | ¥ 3.25B | ¥ 39.97B |
| 2023 | ¥ 113.51B | ¥ 8.16B | ¥ 0 | ¥ 2.38B | ¥ 36.96B |
| 2022 | ¥ 103.45B | ¥ 6.32B | ¥ 0 | ¥ 3.79B | ¥ 32.75B |
| 2021 | ¥ 119.48B | ¥ 4.78B | N/A | ¥ 3.28B | ¥ 32.63B |
| 2020 | ¥ 105.47B | ¥ 6.12B | ¥ 0 | ¥ 2.70B | ¥ 28.50B |
| 2019 | ¥ 96.55B | ¥ 4.17B | N/A | ¥ 2.89B | ¥ 21.83B |
| 2018 | ¥ 91.63B | ¥ 2.31B | N/A | ¥ 6.64B | ¥ 17.26B |
| 2017 | ¥ 80.55B | ¥ 2.15B | N/A | ¥ 5.76B | ¥ 14.29B |
| 2016 | ¥ 63.68B | ¥ 2.29B | N/A | ¥ 4.38B | ¥ 5.73B |
| 2015 | ¥ 46.14B | ¥ 1.82B | N/A | ¥ 4.15B | ¥ 3.54B |
| 2014 | ¥ 26.97B | ¥ 991.81M | N/A | ¥ 3.85B | ¥ 2.55B |
| 2013 | ¥ 12.27B | ¥ 378.05M | N/A | ¥ 0 | ¥ 1.47B |
| 2012 | ¥ 5.27B | ¥ -73.31M | N/A | ¥ 0 | ¥ 515.47M |
| 2011 | ¥ 1.77B | ¥ -837.98M | N/A | ¥ 79.89M | ¥ 114.95M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.16 |
| Liabilities / Eq | 0.84 |
| Current Ratio | 1.28 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 1.26 |

## Other views

- [Metrics](https://sponda.capital/en/VIPS.md)
- [Charts](https://sponda.capital/en/VIPS/charts.md)
- [Compare](https://sponda.capital/en/VIPS/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-23.