Vipshop Quarterly Balance Sheet
NYSE: VIPSConsumer DiscretionaryCatalog/Specialty DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Vipshop financial position
As of Dec 31, 2025, Vipshop reported total assets of $11.27 billion, up 15.3% from a year earlier against total liabilities of $4.92 billion. Shareholders' equity stood at $5.86 billion, or 52.0% of assets. The company held $3.29 billion in cash and equivalents against $835.8 million of debt, a net cash position of $2.45 billion.
The current ratio (current assets divided by current liabilities) was 1.28, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.14.
Summary generated from market data by MetaCap's automated system. Methodology
Vipshop balance sheet (quarterly)
| Quarter (USD) | Q4 20252025-12-31 | Q4 20242024-12-31 | Q4 20232023-12-31 | Q4 20222022-12-31 | Q4 20212021-12-31 | Q4 20202020-12-31 | Q4 20192019-12-31 | Q4 20182018-12-31 | Q4 20172017-12-31 | Q4 20162016-12-31 | Q4 20152015-12-31 | Q4 20142014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 3.29B | 3.61B | 3.58B | 3.18B | 2.56B | 1.84B | 944.27M | 1.39B | 1.53B | 591.90M | 478.81M | 739.57M |
| Short-Term Investments | 826.13M | 256.57M | 279.33M | 231.38M | 844.49M | 1.12B | 438.50M | 337.61M | — | — | — | — |
| Receivables | 127.16M | 125.38M | 109.69M | 82.31M | 72.05M | 51.27M | 186.13M | 825.36M | 738.29M | 336.15M | 54.25M | 25.00M |
| Inventory | 736.93M | 689.39M | 795.04M | 799.73M | 1.08B | 1.17B | 1.11B | 780.76M | 1.07B | 712.75M | 704.98M | 578.33M |
| Total Current Assets | 5.66B | 5.18B | 5.29B | 4.89B | 5.15B | 4.78B | 3.31B | 3.97B | 3.98B | 2.10B | 1.88B | 2.13B |
| Property, Plant & Equipment | 2.62B | 2.51B | 2.38B | 2.35B | 2.26B | 2.08B | 1.62B | 1.24B | 1.02B | 643.45M | 455.34M | 308.07M |
| Goodwill | 107.99M | 103.46M | 106.37M | 109.50M | 92.45M | 90.98M | 34.00M | 53.39M | 56.42M | 52.87M | 16.79M | 9.67M |
| Intangible Assets | 46.34M | 44.91M | 46.88M | 48.80M | 50.36M | 51.04M | 48.45M | 51.36M | 61.63M | 104.44M | 114.91M | 167.45M |
| Total Assets | 11.27B | 10.27B | 10.19B | 9.49B | 9.77B | 9.03B | 6.98B | 6.34B | 5.84B | 3.61B | 3.09B | 2.73B |
| Accounts Payable | 1.79B | 2.08B | 2.43B | 2.18B | 2.06B | 2.33B | 1.98B | 1.69B | 1.76B | 1.20B | 1.03B | 986.57M |
| Short-Term Debt | 835.77M | 328.75M | 200.79M | 389.64M | 309.95M | 159.91M | 157.09M | 195.35M | 139.45M | — | 14.66M | — |
| Total Current Liabilities | 4.42B | 4.10B | 4.31B | 4.14B | 4.04B | 4.07B | 3.44B | 3.77B | 2.96B | 2.10B | 1.88B | 1.64B |
| Long-Term Debt | — | — | — | — | — | — | 9.27M | — | — | — | 626.48M | 621.31M |
| Total Liabilities | 4.92B | 4.57B | 4.76B | 4.55B | 4.47B | 4.53B | 3.78B | 3.83B | 3.65B | 2.78B | 2.54B | 2.30B |
| Shareholders' Equity | 5.86B | 5.48B | 5.21B | 4.75B | 5.12B | 4.37B | 3.14B | 2.51B | 2.20B | 825.61M | 546.36M | 410.97M |
| Retained Earnings | 6.95B | 5.88B | 5.19B | 4.16B | 3.52B | 2.72B | 1.71B | 1.15B | 861.12M | 526.14M | 249.50M | 13.53M |
| Total Debt | 835.77M | 328.75M | 200.79M | 389.64M | 309.95M | 159.91M | 166.36M | 195.35M | 139.45M | — | 641.14M | 621.31M |
| Net Cash (Debt) | 3.28B | 3.54B | 3.66B | 3.02B | 3.09B | 2.80B | 1.22B | 1.53B | 1.39B | 591.90M | -162.33M | 118.25M |
This table shows 12 quarterly periods of Vipshop's balance sheet, from Q4 2025 back to Q4 2014, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow VIPS's reporting calendar. What is a balance sheet?