Vipshop Holdings Limited Tangible Net Worth Ratio
Vipshop Holdings Limited tangible net worth ratio. Vipshop Holdings Limited (VIPS) has a Tangible Net Worth Ratio of 99.3% as of March 2026. This metric is calculated by deducting intangible assets ($321.92 Million) from net assets ($44.51 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. Check how strategically is Vipshop Holdings Limited's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Vipshop Holdings Limited (2011–2025)
Tangible net worth ratio of Vipshop Holdings Limited from 2011 to 2025. This chart shows how Vipshop Holdings Limited's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 99.3%, reflecting net assets of $44.51 Billion with intangible assets of $321.92 Million USD. See Vipshop Holdings Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Vipshop Holdings Limited Tangible Net Worth Ratio by Year (2011–2025)
Vipshop Holdings Limited tangible net worth ratio by year from 2011 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Vipshop Holdings Limited from 2011 to 2025, covering 15 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. For live market cap and overall valuation, see VIPS market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.3% | $44.42 Billion | $324.27 Million | $78.84 Billion | ▲ +25.8 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 | ▲ +1.7 pp |
| 2020 | 77.8% | $29.39 Billion | $6.52 Billion | $58.94 Billion | ▲ +4.5 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 | ▲ +28.9 pp |
| 2016 | 46.0% | $5.78 Billion | $3.12 Billion | $25.09 Billion | ▼ -27.6 pp |
| 2015 | 73.6% | $3.61 Billion | $955.23 Million | $20.04 Billion | ▲ +15.1 pp |
| 2014 | 58.4% | $2.70 Billion | $1.12 Billion | $16.95 Billion | ▼ -39.4 pp |
| 2013 | 97.8% | $1.47 Billion | $32.09 Million | $6.50 Billion | ▼ -2.2 pp |
| 2012 | 100.0% | $82.58 Million | $0.00 | $398.93 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $114.95 Million | $0.00 | $1.05 Billion | — |