Vipshop Holdings (MEX:VIPS N) Other Operating Expense: MXN24,238 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:VIPS N Vipshop Holdings Ltd MEX:VIPS N
82 GF Score
Price MXN235.00
GF Value MXN270.58
! 2 Warning Signs
View Full Analysis

What is Vipshop Holdings Other Operating Expense?

Vipshop Holdings MEX:VIPS N 82 Other Operating Expense is MXN24,238 Mil as of Mar. 2026. GuruFocus rates MEX:VIPS N with a GF Score™ of 82/100 and a GF Value™ of MXN270.58. The stock has 2 warning signs investors should review.

Vipshop Holdings's Other Operating Expense for the three months ended in Mar. 2026 was MXN6,090 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN24,238 Mil.

Vipshop Holdings's quarterly Other Operating Expense increased from Sep. 2025 (MXN5,137 Mil) to Dec. 2025 (MXN6,863 Mil) but then declined from Dec. 2025 (MXN6,863 Mil) to Mar. 2026 (MXN6,090 Mil).

Vipshop Holdings's annual Other Operating Expense increased from Dec. 2023 (MXN22,339 Mil) to Dec. 2024 (MXN27,219 Mil) but then declined from Dec. 2024 (MXN27,219 Mil) to Dec. 2025 (MXN23,382 Mil).


Vipshop Holdings Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Vipshop Holdings's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vipshop Holdings Other Operating Expense Chart

Vipshop Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,121.17 23,295.67 22,339.09 27,218.70 23,382.43

Vipshop Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,989.81 6,148.93 5,136.54 6,862.63 6,090.04
MEX:VIPS N
82GF Score
Vipshop Holdings Ltd MEX:VIPS N
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vipshop Holdings Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN24,238 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Other Operating Expense of MXN24,238 Mil mean?
Vipshop Holdings (MEX:VIPS N) has a Other Operating Expense of MXN24,238 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Vipshop Holdings and its competitors.
Is Vipshop Holdings' Other Operating Expense too high?
Vipshop Holdings' current Other Operating Expense is MXN24,238 Mil. Overall, Vipshop Holdings has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Vipshop Holdings' Other Operating Expense compare to GLBE and ETSY?
Vipshop Holdings' Other Operating Expense of MXN24,238 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Retail - Cyclical company?
A good Other Operating Expense depends on the Retail - Cyclical industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Vipshop Holdings and its competitors. Vipshop Holdings's current Other Operating Expense is MXN24,238 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vipshop Holdings stock overvalued right now?
Vipshop Holdings (MEX:VIPS N) has a current Other Operating Expense of MXN24,238 Mil. The stock's GF Value™ is MXN270.58, compared to a current price of MXN235.00 — trading 13.1% below its estimated fair value. The current Other Operating Expense is MXN24,238 Mil. Vipshop Holdings' overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Vipshop Holdings (MEX:VIPS N), the current Other Operating Expense is MXN24,238 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vipshop Holdings (MEX:VIPS N) Overvalued in 2026?

Based on GuruFocus' analysis, Vipshop Holdings stock appears to be undervalued. The current stock price of MXN235.00 is trading 13.1% below its estimated GF Value™ of MXN270.58.

Key valuation signals for MEX:VIPS N:

  • Other Operating Expense: MXN24,238 Mil
  • GF Value™: MXN270.58 vs. price of MXN235.00 (13.1% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the MEX:VIPS N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vipshop Holdings Business Description

Address 128 Dingxin Road, Haizhu District, Guangdong Province, Guangzhou, CHN, 510220
Vipshop is a leading Chinese online discount retailer offering branded products at attractive discounts of 10%-90% off their original price through daily flash sales. It operates warehousing, retailing, product procurement, software development, and information technology support in-house while outsourcing to third-party logistics providers for distribution and shipments. Branded products on Vipshop's platform are sourced mostly through a consignment model with global brand partners. As of March 31, 2025, Eric Ya Shen, chair and CEO, had 64.5% voting rights. Leading Chinese social media firm and strategic shareholder Tencent also holds a 12.5% interest.
82GF Score

Get the complete analysis for MEX:VIPS N

Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN235.00
Price
MXN270.58
GF Value