VIPS · Vipshop Holdings Ltd
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CNY | 105.92B | 108.42B | 112.86B | 103.15B | 117.06B | 101.86B | 92.99B | 84.52B | 72.91B | 56.59B | 40.2B | 23.13B | 10.42B | 692.11M | 227.14M | 32.58M |
| CNY | 81.43B | 82.95B | 87.14B | 81.54B | 93.95B | 80.57B | 72.31B | 67.45B | 56.62B | 42.99B | 30.31B | 17.38B | 7.92B | 537.64M | 183.8M | 29.37M |
| CNY | 24.49B | 25.47B | 25.72B | 21.62B | 23.11B | 21.29B | 20.68B | 17.07B | 16.29B | 13.6B | 9.9B | 5.75B | 2.5B | 154.48M | 43.34M | 3.21M |
| CNY | 4.37B | 3.99B | 4.15B | 4.46B | 4.19B | 3.75B | 4.06B | 2.67B | 2.45B | 1.94B | 1.3B | 967.46M | 306.75M | 25.54M | 84.58M | 2.84M |
| CNY | 3.78M | 3.78M | 3.78M | 3.26M | 12.08M | 36.54M | 15.76M | 47.84M | 340.82M | 363.98M | 289.64M | 250.22M | 1.39M | 4801 | — | — |
| CNY | 17.41B | 17.21B | 17.42B | 16.14B | 18.45B | 16.13B | 16.55B | 15.4B | 14.13B | 11.25B | 8.13B | 5.07B | 2.23B | — | — | — |
| CNY | 8.14B | 9.17B | 9.1B | 6.2B | 5.58B | 5.86B | 4.77B | 2.42B | 2.69B | 2.71B | 2.07B | 833.69M | 330.6M | -11.94M | -106.92M | -8.37M |
| CNY | 90.04M | 57.68M | 22.93M | 24.26M | 14.46M | 67.36M | 86M | 159.74M | 82.44M | 85.2M | 85.76M | 75.25M | — | 222.87K | 494.51K | — |
| CNY | 801.59M | 809.79M | 780.29M | 764.02M | 671.46M | 449.02M | 217.03M | 242.87M | 101.13M | 107.04M | 267.21M | 288.62M | 96.22M | 3.56M | 122.44K | 564 |
| CNY | 778.74M | 814.23M | 882.87M | 1.88B | 290.85M | 1.16B | 169.43M | 325.96M | -149.59M | -41.63M | -20.03M | — | — | — | — | — |
| CNY | 293.92M | 166.98M | 80.3M | -6.56M | 42.3M | 30.02M | 27.18M | -47M | -22.28M | -71.49M | -84.06M | -62.72M | 0 | 0 | — | — |
| CNY | 8.91B | 9.99B | 9.99B | 8.08B | 5.87B | 7.02B | 4.94B | 2.75B | 2.54B | 2.67B | 2.05B | 1.06B | 435.15M | -8.77M | -107.27M | -8.37M |
| CNY | 1.8B | 2.32B | 1.87B | 1.76B | 1.22B | 1.13B | 983.55M | 566.6M | 626.14M | 601.83M | 457.75M | 245.03M | 113.93M | 706.17K | — | — |
| CNY | 7.24B | 7.74B | 8.12B | 6.31B | 4.69B | 5.92B | 3.99B | 2.13B | 1.89B | 1.99B | 1.51B | 752.59M | 321.22M | -9.47M | -107.27M | -8.37M |
| CNY | 167.15M | 99.01M | 84.68M | 13.02M | 11.8M | 12.4M | -30.4M | 4.69M | -57.22M | -44.05M | -80.95M | -88.69M | — | — | — | — |
| CNY | 7.24B | 7.74B | 8.12B | 6.3B | 4.68B | 5.91B | 4.02B | 2.13B | 1.95B | 2.04B | 1.59B | 841.29M | 321.22M | -9.47M | -156.49M | -8.37M |
| CNY | 7.23B | 7.63B | 8.13B | 5.68B | 4.65B | 5.9B | 3.99B | 2.12B | 2.27B | 1.76B | 1.53B | 840.86M | 307.45M | -8.48M | -107.84M | -8.56M |
| CNY/shares | 72.37 | 72.97 | 73.32 | 49.51 | 34.38 | 43.73 | 30.08 | 16.09 | 16.59 | 17.57 | 13.74 | 7.42 | 0.48 | -0.11 | -3.38 | -0.18 |
| CNY/shares | 70.74 | 71.76 | 72.11 | 49.15 | 33.74 | 42.79 | 29.58 | 15.61 | 15.94 | 16.86 | 13.23 | 7.00 | 0.45 | -0.11 | -3.38 | -0.18 |
| shares | 100.07M | 106.07M | 110.7M | 127.24M | 136.18M | 135.08M | 133.52M | 132.27M | 117.55M | 115.96M | 115.74M | 113.31M | 108.96M | 88.85M | 46.26M | 47.78M |
| shares | 102.38M | 107.86M | 112.55M | 128.16M | 138.75M | 138.04M | 136.08M | 140.08M | 125.72M | 125.82M | 120.17M | 120.23M | 115.5M | 88.85M | 46.26M | 47.78M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2011–FY2025: $22.96B in buybacks, $3.48B in dividends.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (CNY)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| VipCom | 101,136,509,000 | 104,379,002,000 | 109,177,540,000 | — | — | — | — | — |
| Shan Shan Outlets | 4,058,022,000 | 3,284,968,000 | 2,771,018,000 | 1,858,668,000 | 1,579,032,000 | 1,151,331,000 | 245,817,000 | — |
| Other | 725,015,000 | 756,862,000 | 907,462,000 | — | — | — | — | — |
| All Other Segments | — | — | 1,234,053,000 | 2,105,712,000 | 3,202,867,000 | 2,904,182,000 | 2,638,702,000 | 753,752,000 |
| Vip.com | — | — | 109,556,481,000 | 100,806,644,000 | 114,189,757,000 | 99,324,590,000 | 91,435,282,000 | 84,159,609,000 |
By Product & Service (CNY)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Product | 97,398,826,000 | 100,734,550,000 | 105,613,485,000 | 97,250,078,000 | 111,256,902,000 | 97,449,712,000 | 88,721,311,000 | 81,510,275,000 |
| Product And Service Other | 8,520,720,000 | 7,686,282,000 | 7,242,535,000 | 5,902,411,000 | 5,802,776,000 | 4,408,777,000 | 4,273,107,000 | 3,013,673,000 |
| Service | 5,120,000,000 | 4,960,000,000 | 4,940,000,000 | 4,430,000,000 | 4,710,000,000 | 3,960,000,000 | 4,190,000,000 | 3,010,972,000 |
| Lease | 3,400,000,000 | 2,730,000,000 | 2,300,000,000 | 2,300,000,000 | 1,470,000,000 | 1,090,000,000 | 445,000,000 | 2,701,000 |
| Apparel | — | — | — | — | — | — | 33,575,532,000 | 30,446,797,000 |
| Cosmetics | — | — | — | — | — | — | 14,645,878,000 | 11,700,310,000 |
| Home Goods and Other Lifestyle Products | — | — | — | — | — | — | 8,306,962,000 | 9,808,677,000 |
| Other Goods | — | — | — | — | — | — | 5,717,088,000 | 7,398,958,000 |
| Shoes and Bags | — | — | — | — | — | — | 9,045,520,000 | 8,442,178,000 |
| Sportswear and Sporting Goods | — | — | — | — | — | — | 7,333,523,000 | 5,699,740,000 |
| Toys Kids and Baby | — | — | — | — | — | — | 10,096,808,000 | 8,013,615,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (CNY)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| VipCom | 7,182,538,000 | 8,351,532,000 | 8,619,170,000 | 6,521,058,000 | — | — | — | — |
| Shan Shan Outlets | 857,213,000 | 725,236,000 | 361,120,000 | 1,224,000 | 357,602,000 | 187,499,000 | 6,255,000 | — |
| Other | 96,195,000 | 96,485,000 | 123,845,000 | -324,836,000 | — | — | — | — |
| All Other Segments | — | — | — | — | 88,065,000 | 2,291,000 | 227,719,000 | -215,459,000 |
| Vip.com | — | — | — | — | 6,158,560,000 | 6,656,721,000 | 5,267,814,000 | 3,353,658,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| VipCom | 7.1% | 8% | 7.9% | — | — | — | — | — |
| Shan Shan Outlets | 21.1% | 22.1% | 13% | 0.1% | 22.6% | 16.3% | 2.5% | — |
| Other | 13.3% | 12.7% | 13.6% | — | — | — | — | — |
| All Other Segments | — | — | — | — | 2.7% | 0.1% | 8.6% | -28.6% |
| Vip.com | — | — | — | — | 5.4% | 6.7% | 5.8% | 4% |