T.H. Capital - Vipshop Holdings Ltd Sponsored ADR (VIPS) VIPS: Benefiting From Traffic Support From 2Q18 Onward

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T.H. Capital

Tian Hou

VIPS: Benefiting From Traffic Support From 2Q18 Onward

VIPS will report 1Q18 results on Monday, May 14^th after the markets close followed by a conference call the next day at 8am EST. Based on our data, we believe VIPS’ revenue in 1Q18 is likely to be around RMB20,334.3M or 27.5% Y/Y growth, slightly better than consensus at RMB19,543.9M (22.5% Y/Y growth) and above the high end of guidance range at RMB19.1B – 19.9B (20% - 25% Y/Y growth).

11/05/2018 5 EN

Underlying

Vipshop Holdings Ltd Sponsored ADR

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US92763W1036 New York Stock Exchange United States

Provider

T.H. Capital

T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.

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Analysts

Tian Hou

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VIPS: Benefiting From Traffic Support From 2Q18 Onward

VIPS 2Q25 Results: Improving Outlook

VIPS 2Q25 Preview: Lowering 2Q Topline Estimates

VIPS 1Q25 Results: Consumer Sentiment Trending Better, but Uncertainty Remains

TCOM: TCOM’s Potential Better 4Q2024 Performance and Better Long-Term Growth Outlook

BILI: Cautious On Long-Term Outlook Due To Competition And Market Saturation

BIDU: Expect In Line 2Q24 Results; Monetization In AI Is Taking Time To Drive Overall Growth

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