VIPS

Vipshop Hldg Shs Sponsored ADR Repr 1/5th Sh

TMT, Consumer


Presented:08/04/2015
Price:$20.57
Cap:$12.29B
Current Price:$15.30
Cap:$6.97B

Presented

Date08/04/2015
Price$20.57
Market Cap$12.29B
Ent Value$10.97B
P/E RatioN/A
Book Value$0.84
Div Yield0%
Shares O/S597.70M
Ave Daily Vol9,400,977
Short Int5.09%

Current

Price$15.30
Market Cap$6.97B
VipShop Holdings Ltd. is engaged in online product sales and distribution. It offers womenswear; menswear; footwear; accessories; handbags; apparel for children; sportswear and sporting goods; cosmetic goods; home and lifestyle products; luxury goods; and gifts and miscellaneous. It cooperates with domestic and overseas brand agents and manufacturers. The company was founded by Ya Shen and Xiao Bo Hong in August 27,2010 and is headquartered in Guangzhou, China.

Publicly traded companies mentioned herein: Vipshop Holdings (VIPS), TJ Maxx (TJX), Alibaba (BABA) and JD.com (JD).

Highlights

Following management’s guide down on growth in the previous quarter, investors are sure to closely scrutinize Vipshop’s results when the company announces earnings on August 10. Many are concerned that the company has potentially hit a growth wall, with the guide calling for a deceleration from around 100% to roughly 75%. Others are concerned that the company could be a fraud, with various short theses circulating claiming that VIPS may be vastly overstating revenue. The presenter for his part believes these concerns are either overstated or have no basis, and that Vipshops will eventually emerge as the winning discount apparel retailer in China - if not the biggest apparel retailer outright.

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Idea Discussion

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