Vipshop (VIPS) vs ZKH Group (ZKH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
ZKH Group (ZKH) has outperformed Vipshop (VIPS) over the past year, losing 13.4% versus a loss of 37.1%. Vipshop is the larger company by market cap ($6.07 billion vs $351.8 million), about 17.3 times the size. On valuation, Vipshop trades at a lower forward P/E (5.1x vs 9.1x for ZKH Group).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | VIPS | ZKH |
|---|---|---|
| Share price | $12.77 | $2.23 |
| Market cap | $6.07B | $351.83M |
| 1-day change | +0.16% | -8.98% |
| YTD return | -27.93% | -33.42% |
| 1-year return | -37.13% | -13.43% |
| 5-year return | +11.16% | — |
| P/E ratio (TTM) | 4.30 | 44.60 |
| Forward P/E | 5.08 | 9.07 |
| EPS (TTM) | $2.97 | $0.05 |
| Dividend yield | 4.86% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $15.15B | — |
| Revenue growth (YoY) | +1.97% | — |
| Net income (latest FY) | $1.04B | — |
| Gross margin | 23.12% | — |
| Operating margin | 7.68% | — |
| Net margin | 6.84% | — |
| 52-week high | $20.59 | $3.90 |
| 52-week low | $12.02 | $1.92 |
| Distance from 52-week high | -37.98% | -42.82% |
| Analyst consensus | hold | none |
| Avg. price target upside | +30.78% | +92.38% |
| Average volume | 2.59M | 254.98K |
| Shares outstanding | 397.70M | 128.19M |
| Employees | 15,145 | 2,933 |
| Sector | Consumer Cyclical | Consumer Cyclical |
| Industry | Internet Retail | Internet Retail |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Vipshop is about 17.3 times larger than ZKH Group by market value ($6.07B vs $351.83M).
- ZKH has outperformed VIPS by 23.7 percentage points over the past year.
- ZKH Group trades at a higher earnings multiple (44.6x vs 4.3x trailing P/E).
- Vipshop offers a meaningfully higher dividend yield (4.86% vs 0.00%).
About Vipshop
VIPS stock →Vipshop Holdings Limited operates online platforms in the People's Republic of China. The company operates through Vip.com, Shan Shan Outlets, and Others segments.
Consumer Cyclical · Internet Retail · 15,145 employees
About ZKH Group
ZKH stock →ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. It offers equipment parts, including pump valve fittings, low voltage electrical, electric automation, wire and cable, fastening seal, pneumatics and hydraulics, and instrumentation products; chemicals, such as workshop chemicals, chemical reagents, lubricants, and adhesives, as well as paint and painting supplies; and manufacturing parts comprising cutting tool, air compressor, electronic vending machine, factory automation, and abrasive measuring tool products.
Consumer Cyclical · Internet Retail · 2,933 employees
VIPS vs ZKH FAQ
Which is bigger, Vipshop or ZKH Group?
Vipshop (VIPS) is larger, with a market capitalization of $6.07B compared with $351.83M for ZKH Group (ZKH).
Which stock has performed better over the past year, VIPS or ZKH?
ZKH returned -13.43% over the past 12 months, compared with -37.13% for VIPS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, VIPS or ZKH?
VIPS has the lower trailing P/E at 4.3, versus 44.6 for ZKH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Vipshop or ZKH Group?
Vipshop pays a dividend yielding 4.86%, while ZKH Group does not currently pay a regular dividend.
Are Vipshop and ZKH Group in the same industry?
Yes. Both are classified in the Internet Retail industry within the Consumer Cyclical sector.