company background image
VIPS

Vipshop HoldingsNYSE:VIPS Stock Report

Market Cap

US$8.0b

7D

-4.3%

1Y

-42.5%

Updated

26 Oct, 2021

Data

Company Financials +
VIPS fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

VIPS Overview

Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China.

Vipshop Holdings Competitors

Alibaba Group Holding

NYSE:BABA

US$460.8b

JD.com

NasdaqGS:JD

US$126.5b

Pinduoduo

NasdaqGS:PDD

US$116.8b

Jowell Global

NasdaqCM:JWEL

US$156.1m

Price History & Performance

Summary of all time highs, changes and price drops for Vipshop Holdings
Historical stock prices
Current Share PriceUS$11.88
52 Week HighUS$10.15
52 Week LowUS$46.00
Beta0.69
1 Month Change-0.67%
3 Month Change-30.16%
1 Year Change-42.50%
3 Year Change162.25%
5 Year Change-11.61%
Change since IPO2,060.00%

Recent News & Updates

Sep 24
Be Wary Of Vipshop Holdings (NYSE:VIPS) And Its Returns On Capital

Be Wary Of Vipshop Holdings (NYSE:VIPS) And Its Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Sep 09
Here's Why I Think Vipshop Holdings (NYSE:VIPS) Might Deserve Your Attention Today

Here's Why I Think Vipshop Holdings (NYSE:VIPS) Might Deserve Your Attention Today

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Aug 25

Vipshop Holdings: A Great Buying Opportunity

The company has consistently been growing their top line with double digits, which is expected to continue. Recent fear of Chinese stocks has pushed down the stock price, making a case for an undervalued company possible. I conservatively expect ~20% a year in stock price appreciation based on its current valuation and future growth prospects.

Aug 25
Does Vipshop Holdings (NYSE:VIPS) Have A Healthy Balance Sheet?

Does Vipshop Holdings (NYSE:VIPS) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

VIPSUS Online RetailUS Market
7D-4.3%-2.1%0.9%
1Y-42.5%-11.2%33.4%

Return vs Industry: VIPS underperformed the US Online Retail industry which returned -8.5% over the past year.

Return vs Market: VIPS underperformed the US Market which returned 33.4% over the past year.

Price Volatility

Is VIPS's price volatile compared to industry and market?
VIPS volatility
VIPS Beta0.69
Industry Beta1.1
Market Beta1

Stable Share Price: VIPS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: VIPS's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20087,567Eric Shenhttps://www.vip.com

Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; skin care and cosmetic products, including cleansers, lotions, face and body creams, face masks, sunscreen, foundations, lipsticks, eye shadows, and other cosmetics-related items; and accessories that include belts, jewelry, watches, and glasses for women and men.

Vipshop Holdings Fundamentals Summary

How do Vipshop Holdings's earnings and revenue compare to its market cap?
VIPS fundamental statistics
Market CapCN¥51.28b
Earnings (TTM)CN¥6.32b
Revenue (TTM)CN¥116.96b

8.1x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VIPS income statement (TTM)
RevenueCN¥116.96b
Cost of RevenueCN¥92.68b
Gross ProfitCN¥24.28b
ExpensesCN¥17.96b
EarningsCN¥6.32b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)9.35
Gross Margin20.76%
Net Profit Margin5.41%
Debt/Equity Ratio6.3%

How did VIPS perform over the long term?

See historical performance and comparison

Valuation

Is Vipshop Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VIPS ($11.88) is trading below our estimate of fair value ($55.1)

Significantly Below Fair Value: VIPS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VIPS is good value based on its PE Ratio (8.1x) compared to the US Online Retail industry average (32.5x).

PE vs Market: VIPS is good value based on its PE Ratio (8.1x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: VIPS is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: VIPS is good value based on its PB Ratio (1.7x) compared to the US Online Retail industry average (4.6x).


Future Growth

How is Vipshop Holdings forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?

12.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VIPS's forecast earnings growth (12.2% per year) is above the savings rate (2%).

Earnings vs Market: VIPS's earnings (12.2% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: VIPS's earnings are forecast to grow, but not significantly.

Revenue vs Market: VIPS's revenue (8.7% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: VIPS's revenue (8.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VIPS's Return on Equity is forecast to be low in 3 years time (15.3%).


Past Performance

How has Vipshop Holdings performed over the past 5 years?

29.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VIPS has high quality earnings.

Growing Profit Margin: VIPS's current net profit margins (5.4%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: VIPS's earnings have grown significantly by 29.2% per year over the past 5 years.

Accelerating Growth: VIPS's earnings growth over the past year (38.9%) exceeds its 5-year average (29.2% per year).

Earnings vs Industry: VIPS earnings growth over the past year (38.9%) underperformed the Online Retail industry 62%.


Return on Equity

High ROE: VIPS's Return on Equity (20.4%) is considered high.


Financial Health

How is Vipshop Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: VIPS's short term assets (CN¥29.0B) exceed its short term liabilities (CN¥23.6B).

Long Term Liabilities: VIPS's short term assets (CN¥29.0B) exceed its long term liabilities (CN¥2.8B).


Debt to Equity History and Analysis

Debt Level: VIPS's debt to equity ratio (6.3%) is considered satisfactory.

Reducing Debt: VIPS's debt to equity ratio has reduced from 89.8% to 6.3% over the past 5 years.

Debt Coverage: VIPS's debt is well covered by operating cash flow (603.2%).

Interest Coverage: VIPS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Vipshop Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VIPS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VIPS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VIPS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VIPS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VIPS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.9yrs

Average management tenure


CEO

Eric Shen (50 yo)

11.17yrs

Tenure

Mr. Ya Shen, also known as Eric, Co-founded Vipshop Holdings Limited in August 22, 2008 and has been its Chief Executive Officer since August 22, 2008. Mr. Shen has more than 18 years of experience in the...


Leadership Team

Experienced Management: VIPS's management team is seasoned and experienced (8.9 years average tenure).


Board Members

Experienced Board: VIPS's board of directors are seasoned and experienced ( 10.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Vipshop Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Vipshop Holdings Limited
  • Ticker: VIPS
  • Exchange: NYSE
  • Founded: 2008
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$8.033b
  • Shares outstanding: 676.21m
  • Website: https://www.vip.com

Number of Employees


Location

  • Vipshop Holdings Limited
  • 128 Dingxin Road
  • Haizhu District
  • Guangzhou
  • Guangdong Province
  • 510220
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 22:41
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.