Traders Focused Stock: Vipshop Holdings Limited (NYSE: VIPS)

Vipshop Holdings Limited (VIPS) recently reported its unaudited financial results for the 3rd quarter ended September 30, 2019.

The stock divulged a relocation of 5.75% away from 50 day moving average and 47.31% away from 200 day moving average. Moving more detailed, we can see that shares have been trading -2.35% off 20-day moving average.

3rd Quarter 2019 Highlights

GMV [1] for the third quarter of 2019 increased by 17% year over year to RMB31.7 B from RMB27.2 B in the previous year duration.

Gross earnings for the third quarter of 2019 increased by 16.6% year over year to RMB4.2 B ( US$ 592.4 M) from RMB3.6 B in the previous year period.

Non-GAAP net income attributable to Vipshops shareholders [2] for the 3rd quarter of 2019 increased by 140.2% year over year to RMB1.2 B ( US$ 168.3 M) from RMB500.8 M in the previous year duration.

Overall net revenue for the 3rd quarter of 2019 increased by 10.0% year over year to RMB19.6 B ( US$ 2.7 B) from RMB17.8 B in the previous year duration.

Earnings attributable to Vipshops investors for the 3rd quarter of 2019 increased by 282.7% year over year to RMB875.5 M ( US$ 122.5 M) from RMB228.7 M in the previous year period.

Overall orders [4] for the third quarter of 2019 increased by 33% year over year to 127.6 M from 95.7 M in the previous year duration.

The number of active customers [3] for the third quarter of 2019 increased by 21% year over year to 32.0 M from 26.5 M in the previous year duration.

3rd Quarter 2019 Financial Results

REVENUE

Total net income for the 3rd quarter of 2019 increased by 10.0% year over year to RMB19.6 B ( US$ 2.7 B) from RMB17.8 B in the previous year duration, mostly driven by the development in the number of overall active customers.

GROSS PROFIT

Gross profit for the 3rd quarter of 2019 increased by 16.6% year over year to RMB4.2 B ( US$ 592.4 M) from RMB3.6 B in the previous year period. Gross margin for the third quarter of 2019 increased to 21.6% from 20.4% in the previous year period.

BUSINESS EXPENSES

The China based business Vipshop Holdings Limited moved with modification of -0.69% to $14.31 with the overall traded volume of 4283629 shares in current session versus to an average volume of 5622.28 K. VIPSs shares are at 51.75% for the quarter and driving a 108.30% return over the course of the past year and is now at 0.99% because this point in 2018. The typical volatility for the week and month was at 3.56% and 3.19% respectively.

Overall operating costs for the 3rd quarter of 2019 reduced to RMB3.4 B (US$ 473.4 M) from RMB3.5 B in the previous year duration. As a percentage of overall net earnings, total business expenses for the third quarter of 2019 reduced to 17.3% from 19.4% in the previous year period, mainly attributable to more effective expense control.

Fulfillment expenses for the third quarter of 2019 lowered to RMB1.6 B (US$ 221.0 M) from RMB1.8 B in the previous year duration. As a percentage of overall net revenue, satisfaction expenditures for the 3rd quarter of 2019 minimized to 8.1% from 9.9% in the previous year duration.

Marketing costs for the 3rd quarter of 2019 were RMB721.3 M (US$ 100.9 M), as contrast with RMB578.4 M in the previous year duration. As a percentage of overall net profits, marketing expenditures for the 3rd quarter of 2019 were 3.7%, as contrast with 3.2% in the previous year period.

On the other end, the stock has been kept in mind 138.50% away from low price over the last 52-weeks. The stock disclosed a relocation of 5.75% away from 50 day moving average and 47.31% away from 200 day moving average. Moving better, we can see that shares have been trading -2.35% off 20-day moving average.

General and administrative expenditures for the third quarter of 2019 were RMB681.6 M (US$ 95.4 M), as contrast with RMB624.8 M in the previous year period. As a percentage of total net income, administrative and basic expenses for the third quarter of 2019 stayed steady at 3.5% year over year.

The China based business Vipshop Holdings Limited moved with modification of -0.69% to $14.31 with the total traded volume of 4283629 shares in current session versus to an average volume of 5622.28 K. VIPSs shares are at 51.75% for the quarter and driving a 108.30% return throughout the past year and is now at 0.99% considering that this point in 2018. The typical volatility for the week and month was at 3.56% and 3.19% respectively. There are 675.5 M shares exceptional and 492.32 M shares are floated in market.

Innovation and material expenses for the 3rd quarter of 2019 decreased to RMB400.7 M (US$ 56.1 M) from RMB490.8 M in the previous year period. As a percentage of total net profits, innovation and material expenditures for the 3rd quarter of 2019 lowered to 2.0% from 2.8% in the previous year period.

Carlos Morris

Carlos Morris – Business My Name is Carlos Morris and I am also the main source from the ‘Magnewsblog.com’ of all the exclusive and most delicate visualization of the activities in the business sector. My first step towards this journey was taken in the very early years of my life. I started with an independent financial consultant. However, I only had almost 4 years of skills and experience in this market. I have always been a free personality and like to fly one place to another, to explore more and more. Moreover, this passion and craze of traveling gave me a chance to report a section for best news associations. Last but not least, I am presently working full-time as an editor.