Vipshop Holdings Limited (VIPS) Return on equity 2016–2025
Vipshop Holdings Limited (VIPS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
17.7%FY2025 · since FY2016: 34.8% → 17.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 17.7% | -2.0 pp |
| FY2024 | 19.6% | -2.6 pp |
| FY2023 | 22.2% | +2.9 pp |
| FY2022 | 19.3% | +4.9 pp |
| FY2021 | 14.4% | -6.4 pp |
| FY2020 | 20.8% | +2.5 pp |
| FY2019 | 18.3% | +5.9 pp |
| FY2018 | 12.4% | -0.9 pp |
| FY2017 | 13.2% | -21.5 pp |
| FY2016 | 34.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More VIPS financial trends
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