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
DateValue
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