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  • Nov 20, 2024

  • Nov 19, 2024

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    • 9:02AM ET on Tuesday Nov 19, 2024 by MT Newswires
      Companies Mentioned: VIPS, TCOM
      09:02 AM EST, 11/19/2024 (MT Newswires) -- US equity futures fell ahead of Tuesday's opening bell amid escalating geopolitical tensions in Eastern Europe. Dow Jones Industrial Average futures fell 1.1%, S&P 500 futures declined 0.8%, and Nasdaq futu...
    • 5:42AM ET on Tuesday Nov 19, 2024 by MT Newswires
      Companies Mentioned: VIPS
      05:42 AM EST, 11/19/2024 (MT Newswires) -- Vipshop Holdings (VIPS) reported Q3 non-GAAP earnings Tuesday of 2.47 Chinese renminbi ($0.35) per diluted American depositary share, down from 3.33 renminbi a year earlier. Analysts polled by FactSet expec...
    • 5:00AM ET on Tuesday Nov 19, 2024 by PR Newswire
      Companies Mentioned: VIPS

      Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on November 19, 2024

      Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the quarter ended September 30, 2024.

    • 5:00AM ET on Tuesday Nov 19, 2024 by Dow Jones
      Companies Mentioned: VIPS
      Total 539,539 371,105 52,882 =============== ================ ================ Vipshop Holdings Limited Unaudited Condensed Consolidated Balance Sheets (In thousands, except for share and per share data) December September September 31,2023 30,2024 30,2024 --------------- ---------------- ---------------- RMB'000 RMB'000 USD'000 ASSETS CURRENT ASSETS Cash and cash equivalents 25,414,729 21,870,029 3,116,454 Restricted cash 882,637 583,747 83,183 Short term investments 1,983,201 1,560,246 222,333 Accounts receivable, net 778,767 895,057 127,545 Amounts due from related parties,net 553,502 678,032 96,619 Other receivables and prepayments,net 2,298,612 2,508,604 357,473 Loan receivables,net 4,437 5,871 837 Inventories 5,644,713 4,626,792 659,313 Total current assets 37,560,598 32,728,378 4,663,757 --------------- ---------------- ---------------- NON-CURRENT ASSETS Property and equipment, net 16,882,100 18,106,529 2,580,160 Deposits for property and equipment 200,739 172,570 24,591 Land use rights, net 10,132,626 10,744,108 1,531,023 Intangible assets, net 332,821 328,789 46,852 Investment in equity method investees 2,155,561 2,118,264 301,850 Other investments 2,916,189 3,166,681 451,248 Other long-term assets 147,669 179,564 25,588 Goodwill 755,213 755,213 107,617 Deferred tax assets, net 685,017 733,805 104,566 Operating lease right-of-use assets 554,061 450,714 64,226 Total non-current assets 34,761,996 36,756,237 5,237,721 --------------- ---------------- ---------------- TOTAL ASSETS 72,322,594 69,484,615 9,901,478 =============== ================ ================ LIABILITIES AND EQUITY CURRENT LIABILITIES Short term loans 1,425,576 5,401,127 769,654 Accounts payable 17,259,395 11,352,270 1,617,686 Advance from customers 1,689,881 1,570,520 223,797 Accrued expenses and other current liabilities 9,560,449 8,176,729 1,165,175 Amounts due to related parties 150,373 156,123 22,247 Deferred income 457,594 437,622 62,361 Operating lease liabilities 80,868 62,162 8,858 Total current liabilities 30,624,136 27,156,553 3,869,778 --------------- ---------------- ---------------- NON-CURRENT LIABILITIES Deferred tax liability 692,492 490,498 69,895 Deferred income-non current 1,756,949 2,103,696 299,774 Operating lease liabilities 689,259 602,394 85,840 Total non-current liabilities 3,138,700 3,196,588 455,509 --------------- ---------------- ---------------- TOTAL LIABILITIES 33,762,836 30,353,141 4,325,287 =============== ================ ================ EQUITY: Class A ordinary shares (US$0.0001 par value, 483,489,642 shares authorized,98,877,929 and 100,125,194 shares issued, of which 92,900,247 and 87,105,180 shares were outstanding as of December 31, 2023 and September 30, 2024, respectively) 62 64 9 Class B ordinary shares (US$0.0001 par value, 16,510,358 shares authorized, and 15,560,358 and 15,560,358 shares issued and outstanding as of December 31, 2023 and September 30, 2024, respectively) 11 11 2 Treasury shares, at cost (5,977,682 and 12,908,649 Class A shares as of December 31, 2023 and September 30, 2024, respectively) (3,624,763) (7,086,151) (1,009,768) Additional paid-in capital 4,444,755 4,955,622 706,170 Retained earnings 36,836,928 40,459,508 5,765,434 Accumulated other comprehensive loss (695,589) (725,612) (103,399) Non-controlling interests 1,598,354 1,528,032 217,743 Total shareholders' equity 38,559,758 39,131,474 5,576,191 --------------- ---------------- ---------------- TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 72,322,594 69,484,615 9,901,478 =============== ================ ================ Vipshop Holdings Limited Reconciliations of GAAP and Non-GAAP Results Three Months Ended --------------------------------------------------- September September September 30,2023 30,2024 30,2024 --------------- ---------------- ---------------- RMB'000 RMB'000 USD'000 Income from operations 1,533,664 1,329,901 189,510 Share-based compensation expenses 539,539 371,105 52,882 Non-GAAP income from operations 2,073,203 1,701,006 242,392 =============== ================ ================ Net income attributable to Vipshop's shareholders 1,208,292 1,045,339 148,960 Share-based compensation expenses 539,539 371,105 52,882 Impairment loss of investments 0 43,555 6,207 Investment loss (gain) and revaluation of investments excluding dividends 95,192 (96,934) (13,813) Reconciling items on the share of equity method investments(4) 17,717 (41,078) (5,854) Tax effects on non-GAAP adjustments (19,695) (11,242) (1,602) Non-GAAP net income attributable to Vipshop's shareholders 1,841,045 1,310,745 186,780 =============== ================ ================ (4) To exclude the GAAP to non-GAAP reconciling items relating to investment (gain) loss and revaluation of investments on the share of equity method investments. Shares used in calculating earnings per share: Weighted average number of Class A and Class B ordinary shares: --Basic 108,463,991 104,496,269 104,496,269 --Diluted 110,416,154 106,037,715 106,037,715 Non-GAAP net income per Class A and Class B ordinary share Non-GAAP net income attributable to Vipshop's shareholders----Basic 16.97 12.54 1.79 Non-GAAP net income attributable to Vipshop's shareholders----Diluted 16.67 12.36 1.76 Non-GAAP net income per ADS (1 ordinary share equal to 5 ADSs) Non-GAAP net income attributable to Vipshop's shareholders----Basic 3.39 2.51 0.36 Non-GAAP net income attributable to Vipshop's shareholders----Diluted 3.33 2.47 0.35

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