Vipshop Holdings Limited
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2010 | 9.8% | -25.7% | -25.7% |
| FY2011 | 19.1% | -47.1% | -47.2% |
| FY2012 | 22.3% | -1.7% | -1.4% |
| FY2013 | 24.0% | 3.2% | 3.1% |
| FY2014 | 24.9% | 3.6% | 3.3% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2010 | 9.8% | -25.7% | -25.7% |
| FY2011 | 19.1% | -47.1% | -47.2% |
| FY2012 | 22.3% | -1.7% | -1.4% |
| FY2013 | 24.0% | 3.2% | 3.1% |
| FY2014 | 24.9% | 3.6% | 3.3% |