XNYS
Estados financieros de Vipshop Holdings Limited
Vipshop Holdings Limited · VIPS
$13.00
▲ +0.10 (+0.78%)
Última operación · 10/10/2026, 17:56:05 UTC
Cuenta de resultados anual
Millones de CNY
| Partida | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Ingresos | 105,920 | 108,421 | 112,856 | 103,152 | 117,060 |
| Costo de ventas | 81,429 | 82,951 | 87,135 | 81,536 | 93,953 |
| Beneficio bruto | 24,490 | 25,470 | 25,721 | 21,616 | 23,107 |
| Margen bruto | 23.1% | 23.5% | 22.8% | 21.0% | 19.7% |
| Investigación y desarrollo | 1,755 | 1,892 | 1,768 | 1,605 | 1,517 |
| Gastos generales y de venta | 15,655 | 15,319 | 15,495 | 14,299 | 16,869 |
| Beneficio operativo | 8,136 | 9,173 | 9,104 | 6,197 | 5,582 |
| Margen operativo | 7.7% | 8.5% | 8.1% | 6.0% | 4.8% |
| EBITDA | 11,105 | 10,684 | 10,617 | 7,682 | 6,734 |
| Gastos por intereses | 88 | 58 | 23 | 24 | 14 |
| Beneficio antes de impuestos | 9,209 | 10,154 | 10,067 | 8,071 | 5,916 |
| Impuestos | 1,799 | 2,316 | 1,866 | 1,759 | 1,223 |
| Beneficio neto | 7,242 | 7,740 | 8,117 | 6,299 | 4,681 |
| Margen neto | 6.8% | 7.1% | 7.2% | 6.1% | 4.0% |
| BPA diluido | 14.15 | 14.35 | 14.42 | 9.83 | 6.75 |
| Acciones (diluidas) | 512 | 539 | 563 | 694 | 694 |
Cuenta de resultados trimestral
Millones de CNY
| Partida | T2 2026 | T1 2026 | T4 2025 | T3 2025 | T2 2025 | T1 2025 | T4 2024 | T3 2024 |
|---|---|---|---|---|---|---|---|---|
| Ingresos | 24,807 | 26,414 | 32,474 | 21,371 | 25,806 | 26,269 | 33,224 | 20,676 |
| Costo de ventas | 18,952 | 19,958 | 25,030 | 16,462 | 19,751 | 20,186 | 25,596 | 15,721 |
| Beneficio bruto | 5,855 | 6,456 | 7,444 | 4,909 | 6,055 | 6,082 | 7,628 | 4,955 |
| Margen bruto | 23.6% | 24.4% | 22.9% | 23.0% | 23.5% | 23.2% | 23.0% | 24.0% |
| Investigación y desarrollo | 486 | 446 | 425 | 439 | 442 | 449 | 469 | 454 |
| Gastos generales y de venta | 1,830 | 3,694 | 4,454 | 3,507 | 4,121 | 3,573 | 4,596 | 3,311 |
| Beneficio operativo | 1,520 | 2,316 | 2,899 | 1,262 | 1,698 | 2,277 | 2,851 | 1,330 |
| Margen operativo | 6.1% | 8.8% | 8.9% | 5.9% | 6.6% | 8.7% | 8.6% | 6.4% |
| EBITDA | 7,465 | 2,796 | 3,644 | 1,943 | 2,304 | 2,854 | 3,025 | 1,877 |
| Gastos por intereses | 243 | 30 | 27 | 26 | 23 | 10 | 18 | 16 |
| Beneficio antes de impuestos | 7,222 | 2,766 | 3,234 | 1,561 | 1,925 | 2,488 | 3,302 | 1,535 |
| Impuestos | 3,337 | 516 | 583 | 301 | 407 | 508 | 816 | 474 |
| Beneficio neto | 4,306 | 2,193 | 2,589 | 1,221 | 1,490 | 1,943 | 2,447 | 1,045 |
| Margen neto | 17.4% | 8.3% | 8.0% | 5.7% | 5.8% | 7.4% | 7.4% | 5.1% |
| BPA diluido | 8.82 | 4.47 | 5.12 | 2.42 | 2.91 | 3.72 | 4.69 | 1.97 |
| Acciones (diluidas) | 488 | 493 | 505 | 505 | 512 | 522 | 522 | 554 |
Balance
Millones de CNY
| Partida | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Efectivo e inversiones a corto plazo | 29,919 | 28,225 | 27,398 | 23,535 | 21,679 |
| Cuentas por cobrar | 1,662 | 3,155 | 2,387 | 2,674 | 2,759 |
| Inventarios | 5,157 | 5,032 | 5,645 | 5,516 | 6,865 |
| Activo corriente | 39,600 | 37,803 | 37,561 | 33,734 | 32,842 |
| Propiedad, planta y equipo | 18,729 | 18,891 | 17,637 | 17,414 | 15,907 |
| Fondo de comercio e intangibles | 1,080 | 11,769 | 11,221 | 8,730 | 7,522 |
| Activo total | 78,843 | 74,936 | 72,323 | 65,476 | 62,288 |
| Pasivo corriente | 30,883 | 29,927 | 30,624 | 28,526 | 25,771 |
| Deuda total | 6,453 | 3,255 | 2,384 | 3,790 | 3,283 |
| Pasivo total | 34,422 | 33,387 | 33,763 | 31,402 | 28,459 |
| Patrimonio neto | 41,005 | 39,969 | 36,961 | 32,752 | 32,633 |
| Deuda neta | (23,466) | (24,970) | (25,014) | (19,745) | (18,396) |
Flujo de caja
Millones de CNY
| Partida | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Flujo de caja operativo | 0 | 9,129 | 14,415 | 10,520 | 6,745 |
| Inversión en activos fijos | 0 | (3,563) | (5,231) | (3,103) | (3,579) |
| Flujo de caja libre | 0 | 5,566 | 9,184 | 7,417 | 3,166 |
| Dividendos pagados | 0 | (1,685) | 0 | 0 | 0 |
| Recompra de acciones | 0 | (3,866) | (5,107) | (6,258) | (1,939) |
| Flujo de inversión | 0 | (3,566) | (5,160) | 1,049 | (2,326) |
| Flujo de financiación | 0 | (4,970) | (6,146) | (5,573) | (59) |
| Variación de caja | (26,955) | 657 | 3,194 | 5,932 | 4,360 |
Ejercicios fiscales de la empresa, que no siempre coinciden con el año natural. Las cifras negativas van entre paréntesis. BPA en unidades de la moneda de reporte.
Fuentes: Financial Modeling Prep, a partir de los informes de la empresa. Esta página tiene fines informativos y no constituye asesoría financiera.