Vipshop Holdings LimitedVIPSNYSE
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R&D Expense Growth Recovery in Progress
Trending higher, below historical average, structural decline.
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Year-over-year research & development expense growth

Latest
7.07%
↓ 49% below average
Average (9y)
13.78%
Historical baseline
Range
High:58.52%
Low:-22.12%
CAGR
-20.9%
Structural decline
PeriodValue
20247.07%
2023-11.66%
202231.87%
202124.24%
2020-22.12%
2019-21.63%
201810.64%
201715.66%
201645.24%
201558.52%