v3.26.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
¥ in Thousands, $ in Thousands
ordinary shares
Class A
CNY (¥)
shares
ordinary shares
Class B
CNY (¥)
shares
Additional paid-in capital
VipShop Outlet REIT
CNY (¥)
Additional paid-in capital
CNY (¥)
Treasury shares
CNY (¥)
shares
Retained Earnings
Cumulative Effect Period of Adoption Adjustment
CNY (¥)
Retained Earnings
CNY (¥)
Accumulated other comprehensive loss
Cumulative Effect Period of Adoption Adjustment
CNY (¥)
Accumulated other comprehensive loss
CNY (¥)
Total Vipshop Holdings Limited Shareholders Equity
Cumulative Effect Period of Adoption Adjustment
CNY (¥)
Total Vipshop Holdings Limited Shareholders Equity
VipShop Outlet REIT
CNY (¥)
Total Vipshop Holdings Limited Shareholders Equity
CNY (¥)
Non-controlling interests
Non-controlling Interests Other than VipShop Outlet REIT
CNY (¥)
Non-controlling interests
VipShop Outlet REIT
CNY (¥)
Non-controlling interests
CNY (¥)
Class A
shares
Class B
shares
Cumulative Effect Period of Adoption Adjustment
CNY (¥)
Non-controlling Interests Other than VipShop Outlet REIT
CNY (¥)
VipShop Outlet REIT
CNY (¥)
CNY (¥)
shares
USD ($)
shares
Balance at Dec. 31, 2022 ¥ 80 ¥ 11   ¥ 13,091,781 ¥ (8,352,511)   ¥ 28,720,304   ¥ (707,628)     ¥ 32,752,037     ¥ 1,321,006           ¥ 34,073,043  
Balance (in shares) at Dec. 31, 2022 | shares 101,621,330 15,560,358                                        
Balance (in shares) at Dec. 31, 2022 | shares         22,438,760                                  
Increase (Decrease) in Shareholders' Equity                                            
Net income             8,116,624         8,116,624     84,675           8,201,299  
Repurchase of ordinary shares (Note 16)         ¥ (4,968,545)             (4,968,545)                 (4,968,545)  
Repurchase of ordinary shares (in shares) | shares (9,755,695)       9,755,695                                  
Issuance of ordinary shares upon exercises of share options (in shares) | shares                               0            
Share-based compensation expense (Note 23)       1,068,611               1,068,611                 1,068,611  
Cancellation of treasury shares (Note 16) ¥ (19)     (9,696,274) ¥ 9,696,293                                  
Cancellation of treasury shares ( in shares) | shares         (26,216,773)                     26,216,773            
Capital contribution from non-controlling interests shareholders (Note 17)       (10,630)               (10,630)     296,080           285,450  
Dividend distribution to non-controlling interests shareholders (Note 17)                             (39,107)           (39,107)  
Share of equity adjustments for other comprehensive income (loss) of an equity method investee                 23,124     23,124                 23,124  
Foreign currency translation                 (11,085)     (11,085)                 (11,085)  
Issuance of ordinary shares upon vesting of shares awards (Note 16) ¥ 1     (1)                                    
Issuance of ordinary shares upon vesting of shares awards (in shares) | shares 1,034,612                             1,034,612            
Acquisition of additional equity interests in subsidiaries (Note 17)       (8,732)               (8,732)     (64,268)           (73,000)  
Deregistration of a subsidiary (Note 17)                             (32)           (32)  
Balance at Dec. 31, 2023 ¥ 62 ¥ 11   4,444,755 ¥ (3,624,763)   36,836,928   (695,589)     36,961,404     1,598,354           38,559,758  
Balance (in shares) at Dec. 31, 2023 | shares 92,900,247 15,560,358                                        
Balance (in shares) at Dec. 31, 2023 | shares         5,977,682                                  
Increase (Decrease) in Shareholders' Equity                                            
Net income             7,739,935         7,739,935     99,010           7,838,945  
Repurchase of ordinary shares (Note 16)         ¥ (3,852,387)             (3,852,387)                 (3,852,387)  
Repurchase of ordinary shares (in shares) | shares (7,680,684)       7,680,684                                  
Issuance of ordinary shares upon exercises of share options (Note 16)       251               251                 251  
Issuance of ordinary shares upon exercises of share options (in shares) | shares 14,000                             14,000            
Re-issuance of treasury shares upon vesting of shares awards (Note 16)       (434,391) ¥ 434,391                                  
Reissuance of treasury shares upon vesting of shares awards (in shares) | shares 630,353       (630,353)                                  
Share-based compensation expense (Note 23)       1,177,685               1,177,685                 1,177,685  
Capital contribution from non-controlling interests shareholders (Note 17)       8,297               8,297 ¥ 155,563   155,563           163,860  
Dividend distribution to non-controlling interests shareholders (Note 17)                             (42,891)           (42,891)  
Dividend distribution to the Company's shareholders (Note 16)             (1,670,675)         (1,670,675)                 (1,670,675)  
Share of equity adjustments for other comprehensive income (loss) of an equity method investee                 (148,886)     (148,886)                 (148,886)  
Foreign currency translation                 37,081     37,081                 37,081  
Issuance of ordinary shares upon vesting of shares awards (Note 16) ¥ 2     (2)                                    
Issuance of ordinary shares upon vesting of shares awards (in shares) | shares 1,118,228                             1,118,228            
Acquisition of additional equity interests in subsidiaries (Note 17)       (283,892)               (283,892)     (228,345)           (512,237)  
Deregistration of a subsidiary (Note 17)                             (1,275)           (1,275)  
Balance at Dec. 31, 2024 ¥ 64 ¥ 11   4,912,703 ¥ (7,042,759) ¥ 247,046 42,906,188 ¥ (381,713) (807,394) ¥ (134,667)   39,968,813     1,580,416     ¥ (134,667)     41,549,229  
Balance (in shares) at Dec. 31, 2024 | shares 86,982,144 15,560,358                           86,982,144 15,560,358          
Balance (in shares) at Dec. 31, 2024 | shares         13,028,013                     13,028,013            
Increase (Decrease) in Shareholders' Equity                                            
Net income             7,242,490         7,242,490     167,149           7,409,639 $ 1,059,566
Repurchase of ordinary shares (Note 16)         ¥ (4,996,975)             (4,996,975)                 (4,996,975)  
Repurchase of ordinary shares (in shares) | shares (8,686,612)       8,686,612                                  
Re-issuance of treasury shares upon exercises of shares options (Note 16)       (260,080) ¥ 261,434             1,354                 ¥ 1,354  
Re-issuance of treasury shares upon exercises of shares options ( in Shares) | shares 372,000       (372,000)                     372,000            
Issuance of ordinary shares upon exercises of share options (in shares) | shares 61,810                                       372,000 372,000
Re-issuance of treasury shares upon vesting of shares awards (Note 16)       (1,039,830) ¥ 1,039,830                                  
Reissuance of treasury shares upon vesting of shares awards (in shares) | shares 1,479,595       (1,479,595)                                  
Share-based compensation expense (Note 23)       1,070,344               1,070,344                 ¥ 1,070,344  
Cancellation of treasury shares (Note 16) ¥ (4)     (2,861,501) ¥ 2,861,505                                  
Cancellation of treasury shares ( in shares) | shares         (5,589,953)                     5,589,953            
Capital contribution from non-controlling interests shareholders (Note 17)     ¥ (319,413)               ¥ (319,413)   ¥ 8,000 ¥ 1,705,200         ¥ 8,000 ¥ 1,385,787    
Dividend distribution to non-controlling interests shareholders (Note 17)                             (22,350)           (22,350)  
Dividend distribution to the Company's shareholders (Note 16)             (1,803,895)         (1,803,895)                 (1,803,895)  
Share of equity adjustments for other comprehensive income (loss) of an equity method investee                 (52,510)     (52,510)                 (52,510) $ (7,509)
Foreign currency translation                 35,578     35,578                 35,578 5,088
Others       (6,370)               (6,370)                 (6,370)  
Issuance of ordinary shares upon vesting of shares awards (in shares) | shares                               61,810            
Balance at Dec. 31, 2025 ¥ 60 ¥ 11   ¥ 1,495,853 ¥ (7,876,965)   ¥ 48,591,829   ¥ (1,206,039)     ¥ 41,004,749     ¥ 3,438,415           ¥ 44,443,164 $ 6,355,286
Balance (in shares) at Dec. 31, 2025 | shares 80,208,937 15,560,358                           80,208,937 15,560,358          
Balance (in shares) at Dec. 31, 2025 | shares         14,273,077                     14,273,077