Vipshop Holdings Limited (1VPA) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.80x

Vipshop Holdings Limited (1VPA) has a Cash Flow Reinvestment Rate of 0.80x as of December 2025, reinvesting €5.98 Billion (capex €2.07 Billion plus investments €-3.92 Billion) from operating cash flow of €7.45 Billion. See Vipshop Holdings Limited free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.80x
(Capex + Investments) / Operating CF

Total Reinvested

€5.98 Billion
Capex + Investments

Operating Cash Flow

€7.45 Billion
EUR

Capital Expenditures

€2.07 Billion
EUR

Vipshop Holdings Limited Cash Flow Reinvestment Rate (2016–2025)

Historical reinvestment intensity for Vipshop Holdings Limited across 10 annual periods. For the full cash flow conversion analysis, see Vipshop Holdings Limited (1VPA) cash flow conversion.

Annual Cash Flow Reinvestment Rate for Vipshop Holdings Limited (2016–2025)

Year-by-year capital reinvestment analysis for Vipshop Holdings Limited. See 1VPA free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.80x €5.98 Billion €7.45 Billion €2.07 Billion ▲ +98.0%
2024 0.41x €3.70 Billion €9.13 Billion €3.56 Billion ▲ +3.9%
2023 0.39x €5.62 Billion €14.41 Billion €5.23 Billion ▼ -32.5%
2022 0.58x €6.08 Billion €10.52 Billion €2.43 Billion ▲ +5.2%
2021 0.55x €3.71 Billion €6.74 Billion €2.73 Billion ▼ -13.4%
2020 0.64x €7.51 Billion €11.82 Billion €2.24 Billion ▲ +66.8%
2019 0.38x €4.68 Billion €12.29 Billion €3.30 Billion ▼ -59.7%
2018 0.94x €5.43 Billion €5.75 Billion €2.52 Billion ▼ -65.2%
2017 2.71x €2.66 Billion €981.25 Million €2.20 Billion ▲ +72.5%
2016 1.57x €4.45 Billion €2.83 Billion €2.79 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow