Only product stock hit a new high

(NYSE: VIPS) rose for 3 consecutive days in a row. The stock hit a new all-time high today (22 August), approaching as much as $ 210 and its share price has surpassed that of Baidu (NASDAQ : BIDU), is the highest share price in the shares. Last week, Vipshop shares once exceeded 200 US dollars, and yesterday (21) to close at 204.20 US dollars, the first time standing firm at 200 US dollars high.

Currently, Vipshop has a market capitalization of approximately US $ 11.539 billion, ranking third among China Internet stocks in the internet category. The first one is 69.1 billion U.S. dollars in Baidu and the second is 39 billion U.S. dollars in JD (JD). The price-earnings ratio is as high as 163.36.

Previously on May 15, the only product will be released as of March 31 2014 first quarter earnings, net revenue of 701.9 million US dollars, 310.7 million US dollars over the same period last year increased by 125.9%. Earnings per share of 0.63 US dollars, higher than analysts expected 0.48 US dollars; total revenue of 701.9 million US dollars, higher than analysts expected 6.5049 billion US dollars.

The only product in 2014 the second quarter earnings will be released August 13, the average analyst earnings per share of $ 0.64