Vipshop Holdings Limited (1VPA) — Tangible Net Worth Ratio
Vipshop Holdings Limited (1VPA) has a Tangible Net Worth Ratio of 75.9% as of March 2026. This metric is calculated by deducting intangible assets (€10.75 Billion) from net assets (€44.67 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore how fast is Vipshop Holdings Limited growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vipshop Holdings Limited Tangible Net Worth Ratio (2016–2025)
This chart shows how Vipshop Holdings Limited's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 75.9%, reflecting net assets of €44.67 Billion with intangible assets of €10.75 Billion EUR. For live market cap and overall valuation, see Vipshop Holdings Limited (1VPA) total market value.
Annual Tangible Net Worth Ratio for Vipshop Holdings Limited (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Vipshop Holdings Limited from 2016 to 2025, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Vipshop Holdings Limited (1VPA) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 75.8% | €44.44 Billion | €10.75 Billion | €78.84 Billion | ▲ +2.3 pp |
| 2024 | 73.5% | €41.55 Billion | €11.01 Billion | €74.94 Billion | ▲ +0.6 pp |
| 2023 | 72.9% | €38.56 Billion | €10.47 Billion | €72.32 Billion | ▼ -3.7 pp |
| 2022 | 76.6% | €34.07 Billion | €7.98 Billion | €65.48 Billion | ▼ -2.9 pp |
| 2021 | 79.5% | €33.83 Billion | €6.93 Billion | €62.29 Billion | ▲ +1.3 pp |
| 2020 | 78.2% | €29.39 Billion | €6.40 Billion | €58.94 Billion | ▲ +5.0 pp |
| 2019 | 73.3% | €22.25 Billion | €5.95 Billion | €48.58 Billion | ▼ -1.8 pp |
| 2018 | 75.0% | €17.21 Billion | €4.30 Billion | €43.56 Billion | ▲ +0.2 pp |
| 2017 | 74.8% | €14.25 Billion | €3.59 Billion | €37.98 Billion | ▲ +31.4 pp |
| 2016 | 43.4% | €5.78 Billion | €3.27 Billion | €25.09 Billion | — |