NIO
NIO Inc.
NIO has the edge over VIPS overall, supported by stronger fundamentals and stronger modeled upside.
VIPS
Vipshop Holdings Limited
VIPS has lower modeled downside risk, despite its lower overall score.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
VIPS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Strong |
VIPS's balance sheet is currently strong, and its revenue, profitability and cash flow are stable.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
VIPS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 4.1x | $12.94 | — |
| Cheap | 6.8x | $21.18 | +64% |
| Fair | 9.1x | $28.63 | +121% |
| Expensive | 18x | $57.81 | +347% |
Historical ranges are pointers, not guarantees.
VIPS's PE is 4.1x, but its earnings don't support one, so it isn't a reliable read right now.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over VIPS on the outlook, with more favorable revenue expectations.
VIPS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect VIPS's earnings to grow and its profitability to improve, with its revenue holding steady.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO is still losing money, but far less than before: $0.29 per share over the past year, against $1.93 at its worst in late 2023.
VIPS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $3.13 | +57% |
| Q1 2026 | $2.24 | +7.7% |
| Q4 2025 | $2.13 | -0.9% |
| Q3 2025 | $2.06 | -8.4% |
| Q2 2025 | $1.99 | -13% |
| Q1 2025 | $2.08 | -10% |
| Q4 2024 | $2.15 | -0.9% |
| Q3 2024 | $2.25 | +18% |
VIPS has the edge over NIO on earnings quality, reporting a profit while its opponent remains loss making.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO has the edge over VIPS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO's operating margin was −2.1% last quarter, up 24 points from the same quarter a year ago.
VIPS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.7B | -3.9% |
| Q1 2026 | $4B | +0.6% |
| Q4 2025 | $4.9B | -2.3% |
| Q3 2025 | $3.2B | +3.4% |
| Q2 2025 | $3.9B | -4% |
| Q1 2025 | $3.9B | -5% |
| Q4 2024 | $5B | -4.2% |
| Q3 2024 | $3.1B | -9.2% |
VIPS's revenue fell from its 2020 peak and has held roughly level since: $3.7B last quarter, down 3.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 6.1% | -0.5 points |
| Q1 2026 | 8.8% | +0.1 points |
| Q4 2025 | 8.9% | +0.3 points |
| Q3 2025 | 5.9% | -0.5 points |
| Q2 2025 | 6.6% | -1.7 points |
| Q1 2025 | 8.7% | -1.3 points |
| Q4 2024 | 8.6% | -2 points |
| Q3 2024 | 6.4% | -0.3 points |
VIPS has the edge over NIO on profitability, with a higher operating margin.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO has the edge over VIPS on cash flow, with more consistent year-over-year improvement.
VIPS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
VIPS's free cash flow has been positive every quarter since mid-2020: $0 over the past year, against $0 the year before.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
VIPS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -4.6M shares |
| 1 year | -4.6% | -23.7M shares |
| 3 years | -13% | -71M shares |
| 5 years | -30% | -213M shares |
| Available history | -28% | -187M shares |
VIPS has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
VIPS hasn't bought back shares in the past year.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
VIPS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.1x | Net Cash |
| Q1 2026 | -2.0x | Net Cash |
| Q4 2025 | -1.7x | Net Cash |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.7x | Net Cash |
| Q1 2025 | -2.2x | Net Cash |
| Q4 2024 | -2.1x | Net Cash |
| Q3 2024 | -1.3x | Net Cash |
VIPS has more cash than debt.
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
VIPS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.1 | Neutral |
| Stochastic | 32.5 | Neutral |
VIPS's weekly RSI is 44 (neutral) and its Stochastic is 33 (neutral).
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
VIPS PE vs Consumer Cyclical Sector
| Metric | VIPS | Sector median | Relative |
|---|---|---|---|
| PE | 4.1x | 18x | 77% below |
| PE % | 1 | 47 | 46 pts below |
VIPS is trading at 4.1x earnings, a 77% discount to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
VIPS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.8 | 0.8% above |
| 20 week MA | $13.5 | 4.1% below |
| 50 week MA | $15.1 | 14% below |
| 100 week MA | $15.5 | 16% below |
| 200 week MA | $15.4 | 16% below |
VIPS has the edge over NIO on trend strength, trading above more of its moving averages.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO's yearly returns have swung widely, from +1791% in 2020 to −64% in 2022. It's down 40% so far in 2026.
VIPS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.5 | $26.3 | +81% |
| 2021 | $26.3 | $8.46 | -68% |
| 2022 | $8.46 | $13.5 | +59% |
| 2023 | $13.5 | $17.8 | +32% |
| 2024 | $17.8 | $13.3 | -25% |
| 2025 | $13.3 | $19.5 | +46% |
| 2026 YTD | $19.5 | $12.9 | -34% |
VIPS has the edge over NIO on returns for 2026, with the stronger performance.