VIPSVipshop Holdings Limited

$14.10

Is it safe?

Can VIPS take a bad year?

Vipshop Holdings Limited holds $16.5B more cash than debt, so a bad year is a question about profits, not about lenders.

$16.5B

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Interest cover
90.4×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
41%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtFY2025
$12.2B
Cash and short-term investments
$28.8B
Net cash
$16.5B
EBITDA, trailing twelve months
$9.66B
Operating profit, trailing twelve months
$8.14B
Debt / equity
0.30×
Total debt / EBITDA
1.27×
Annualised volatilitytwo years of daily moves
41%
Worst drawdown on file
−87%
Below its 52-week high
−29%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.