Vipshop Holdings (VIPS) Asset Utilization Ratio (2012 - 2026)
Vipshop Holdings (VIPS) recorded quarterly Asset Utilization Ratio of 1.22 in Q1 2026, down 1.29% quarter-over-quarter from 1.24 in Q4 2025, and down 7.95% on a YoY basis from 1.33 in Q1 2025.
Vipshop Holdings (VIPS) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Vipshop Holdings' Asset Utilization Ratio history runs 15 years deep, the most recent figure standing at 1.22 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 7.95% year-over-year to 1.22; the TTM figure through Mar 2026 stood at 1.22 (down 7.95% YoY), while the FY2025 annual figure was 1.41, down 3.18% from the prior year.
- Asset Utilization Ratio was 1.22 for Q1 2026 at Vipshop Holdings, down from 1.24 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.8 in Q1 2022 to a low of 1.22 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 1.52 across 5 years, with a median of 1.52 in 2024.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio slipped 1.91% in 2022, then retreated 14.09% in 2024.
- A 5-year view of Asset Utilization Ratio shows it stood at 1.66 in 2022, then declined by 3.69% to 1.6 in 2023, then declined by 14.09% to 1.37 in 2024, then declined by 9.96% to 1.24 in 2025, then dropped by 1.29% to 1.22 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.22 (Q1 2026), 1.24 (Q4 2025), and 1.28 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,624.51 Bn | 2,481.43 Bn | 171.21 Bn | 0.79 |
| 2 | Mercadolibre | 83.29 Bn | 77.64 Bn | 3.86 Bn | 0.71 |
| 3 | DoorDash | 67.87 Bn | 63.01 Bn | 2.04 Bn | 0.75 |
| 4 | PDD Holdings | 64.68 Bn | 40.01 Bn | 12.81 Bn | 0.00 |
| 5 | Ebay | 48.60 Bn | 44.74 Bn | 2.29 Bn | 0.66 |
| 6 | Coupang | 29.01 Bn | 28.92 Bn | 2.30 Bn | 2.00 |
| 7 | Zkh | 16.33 Bn | 16.33 Bn | 285.30 Mn | 2,865.04 |
| 8 | Maplebear | 10.11 Bn | 9.42 Bn | 738.00 Mn | 1.07 |
| 9 | Wayfair | 9.36 Bn | 8.30 Bn | 880.00 Mn | 4.01 |
| 10 | Vipshop Holdings | 225.75 Mn | -3.35 Bn | 941.60 Mn | 1.22 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.22 |
| Dec 31, 2025 | 1.24 |
| Sep 30, 2025 | 1.28 |
| Jun 30, 2025 | 1.32 |
| Mar 31, 2025 | 1.33 |
| Dec 31, 2024 | 1.37 |
| Sep 30, 2024 | 1.49 |
| Jun 30, 2024 | 1.52 |
| Mar 31, 2024 | 1.48 |
| Dec 31, 2023 | 1.60 |
| Sep 30, 2023 | 1.73 |
| Jun 30, 2023 | 1.72 |
| Mar 31, 2023 | 1.62 |
| Dec 31, 2022 | 1.66 |
| Sep 30, 2022 | 1.77 |
| Jun 30, 2022 | 1.78 |
| Mar 31, 2022 | 1.80 |
| Dec 31, 2021 | 1.89 |
| Mar 31, 2021 | 1.83 |
| Dec 31, 2020 | 1.73 |