NYSE:VIPS

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet and good value.

Risks

  • Vipshop Holdings has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Vipshop Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

17.5%

NYSE:VIPS

4.2%

US Online Retail

2.9%

US Market


1 Year Return

20.9%

NYSE:VIPS

-1.4%

US Online Retail

0.2%

US Market

VIPS outperformed the Online Retail industry which returned -2.4% over the past year.

VIPS outperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

VIPSIndustryMarket
7 Day17.5%4.2%2.9%
30 Day11.9%-5.0%-2.3%
90 Day10.6%5.3%3.1%
1 Year20.9%20.9%-1.4%-1.4%2.4%0.2%
3 Year-42.8%-42.8%96.4%96.2%41.7%32.4%
5 Year-59.5%-59.5%216.0%193.4%55.1%37.9%

Price Volatility Vs. Market

How volatile is Vipshop Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vipshop Holdings undervalued based on future cash flows and its price relative to the stock market?

33%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Vipshop Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

Vipshop Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Vipshop Holdings is good value based on earnings compared to the US Online Retail industry average.

Vipshop Holdings is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Vipshop Holdings is poor value based on expected growth next year.


Price Based on Value of Assets

Vipshop Holdings is good value based on assets compared to the US Online Retail industry average.


Next Steps

Future Growth

How is Vipshop Holdings expected to perform in the next 1 to 3 years based on estimates from 23 analysts?

11.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Vipshop Holdings's revenue is expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).

Vipshop Holdings's earnings are expected to grow by 11.8% yearly, however this is not considered high growth (20% yearly).

Vipshop Holdings's revenue growth is positive but not above the United States of America market average.

Vipshop Holdings's earnings growth is positive but not above the United States of America market average.

Vipshop Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Vipshop Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Vipshop Holdings performed over the past 5 years?

19.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Vipshop Holdings's year on year earnings growth rate has been positive over the past 5 years.

Vipshop Holdings's 1-year earnings growth is less than its 5-year average (17.1% vs 19.9%)

Vipshop Holdings's earnings growth has exceeded the US Online Retail industry average in the past year (17.1% vs 1.3%).


Return on Equity

Vipshop Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Vipshop Holdings used its assets more efficiently than the US Online Retail industry average last year based on Return on Assets.


Return on Capital Employed

Vipshop Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Vipshop Holdings's financial position?


Financial Position Analysis

Vipshop Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Vipshop Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Vipshop Holdings's level of debt (5.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (181.4% vs 5.9% today).

Debt is well covered by operating cash flow (507.8%, greater than 20% of total debt).

Vipshop Holdings earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 17.7x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Vipshop Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Vipshop Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Vipshop Holdings has not reported any payouts.

Unable to verify if Vipshop Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Vipshop Holdings has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Vipshop Holdings's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Vipshop Holdings's salary, the management and board of directors tenure and is there insider trading?

6.8yrs

Average management tenure


CEO

Eric Shen (48yo)

9.0yrs

Tenure

0

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  ...


Management Age and Tenure

6.8yrs

Average Tenure

47yo

Average Age

The average tenure for the Vipshop Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.6yrs

Average Tenure

48yo

Average Age

The tenure for the Vipshop Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Donghao Yang (47yo)

    Chief Financial Officer

    • Tenure: 8.0yrs
  • Arthur Hong (47yo)

    Co-Founder

    • Tenure: 8.6yrs
  • Eric Shen (48yo)

    Co-Founder

    • Tenure: 9.0yrs
  • Alex Jiang (49yo)

    Senior Corporate Advisor

    • Tenure: 4.4yrs
  • Maggie Hung (51yo)

    Senior Consultant

    • Tenure: 3.1yrs
  • Yizhi Tang (45yo)

    Senior Vice President of Logistics

    • Tenure: 6.8yrs
  • Daniel Kao (46yo)

    Chief Technology Officer

    • Tenure: 0.3yrs
  • Jessie Fan

    Head Of Investor Relations

    • Tenure: 0.0yrs

Board Members

  • Hurst Lin (54yo)

    Independent Director

    • Tenure: 8.6yrs
  • Alex Zheng (51yo)

    Independent Director

    • Tenure: 7.4yrs
  • Kathleen Chien (50yo)

    Independent Director

    • Tenure: 7.4yrs
  • Martin Lau (46yo)

    Director

    • Tenure: 1.3yrs
  • Xing Liu (48yo)

    Independent Director

    • Tenure: 8.6yrs
  • Chun Liu (51yo)

    Independent Director

    • Tenure: 6.4yrs
  • Arthur Hong (47yo)

    Co-Founder

    • Tenure: 8.6yrs
  • Eric Shen (48yo)

    Co-Founder

    • Tenure: 9.0yrs
  • Jacky Xu (47yo)

    Director

    • Tenure: 8.6yrs

Company Information

Vipshop Holdings Limited's company bio, 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$5.648b
  • Shares outstanding: 667.67m
  • Website: https://www.vip.com

Number of Employees


Location

  • Vipshop Holdings Limited
  • No. 20 Huahai Street
  • Liwan District
  • Guangzhou
  • Guangdong Province
  • 510370
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VIPSNYSE (New York Stock Exchange)YesSPON ADR EA REPR 0.2 ORD SHS USD0.0001USUSDMar 2012
1VPADB (Deutsche Boerse AG)YesSPON ADR EA REPR 0.2 ORD SHS USD0.0001DEEURMar 2012
VIPS NBMV (Bolsa Mexicana de Valores)YesSPON ADR EA REPR 0.2 ORD SHS USD0.0001MXMXNMar 2012
0LQ0LSE (London Stock Exchange)YesSPON ADR EA REPR 0.2 ORD SHS USD0.0001GBUSDMar 2012

Biography

Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in two segments, Vip.com and Internet Finance Business. The company offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 01:02
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.