Vipshop reports Q1 results: See increase in Revenue and Net Income
$Vipshop(VIPS)$ By: Manshi Mamtora, CFA
Monthly Chart
$Vipshop(VIPS)$ Vipshop press release: Q1 Non-GAAP earnings per ADS of $0.51.
Total net revenues for the first quarter of 2023 increased by 9.1% year over year to RMB27.5 billion (US$4.0 billion) from RMB25.2 billion in the prior year period.
Net income attributable to Vipshop's shareholders for the first quarter of 2023 increased by 69.6% year over year to RMB1.9 billion (US$270.7 million) from RMB1.1 billion in the prior year period.
Non-GAAP net income attributable to Vipshop's shareholders[2] for the first quarter of 2023 increased by 45.8% year over year to RMB2.1 billion (US$301.3 million) from RMB1.4 billion in the prior year period.
The number of active customers[3] for the first quarter of 2023 increased by 4.0% year over year to 43.8 million from 42.2 million in the prior year period.
Total orders for the first quarter of 2023 increased by 10.8% year over year to 184.4 million from 166.4 million in the prior year period.
Full link：https://www.marketscreener.com/quote/stock/VIPSHOP-HOLDINGS-LIMITED-10246804/news/Vipshop-Q1-2023-Financial-Results-43921312/
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VIPS with 50% less shares than PDD, 4B more in revenue, and 10 p/e. PDD 30 p/e. Just a nice comparison. Will buy more when it drops back to $9 then shoots to 22.
不幸的是，美国存托凭证的报告越强烈，卖家就会出局。按照市场的说法买谣言卖消息。在债务上限结束之前也是如此，所以要为未来几周的涨跌做好准备
Getting crushed back to 12 by Friday, nobody believes these scams.
Great ariticle, would you like to share it?
Does Warren Buffett own any VIPS stock? lol
ok$Vipshop(VIPS)$