The only product report says about 90% of Asian women buy clothing and related products via the Internet.

Absrtact: December 19, the only products (NYSE Stock code: VIPS) recently collaborated with The Economist think-tank, Economist, an economist of the group's authoritative analysis Unit, EIU, The first research on the purchasing power of Asian women's networks

December 19, the Economist (NYSE stock Code: VIPS) has recently collaborated with EIU, the Economist FDI unit, a leading analyst with The Economist Group, Published the first research report on the purchasing power of Asian women's networks. Meanwhile, during the early trading of the US stock market in Thursday, the stock price rose 7.19% to $20.42. At the end of the day, only the stock price rose 1.29 U.S. dollars, closed at 20.34 U.S. dollars, a gain of 6.77%.

The EIU and the above study, which surveyed 5,500 women from some of Asia's major metropolitan areas, found that about 90% of Asian women buy clothing and related products online, and about 63% of women browse online stores every day.

The only product will be a vertical e-commerce retailer in the Chinese market, which is mainly targeted at female users, offering discounts to consumers, including clothing and accessories, cosmetics, maternal and infant products, household products and other life-related products.

At present, the famous U.S. financial website TheStreet its rating agencies TheStreet Fitch will be the only stock rating as "holding" level. The reason for the thestreetratings is as follows: "We rated the only stock market as ' holding ' level. The main reasons that affect our ratings are more complex, including some indicative forces, obvious weaknesses, and so on. The company's development forces are reflected in a number of areas, such as buoyant revenue growth, better asset returns, and high growth in earnings per share. Contrary to these strong growth forces, however, the industry has seen some of its weaknesses, including higher debt management risks and lower profit margins. ”

The main contents of TheStreet Fitch's analysis report include the following points:

The revenue growth of the goods will be impressive, the growth rate is much higher than the industry average of 13%. Since the same period last year, the company's revenue growth has reached 130% per cent, a growth that has shown its strong growth momentum and helped to boost each share of diluted profits.

In the recent quarter, only the goods will be diluted per share of profits year-on-year growth. In fact, in the past year, the company's earnings per share has shown a positive growth momentum. The industry believes that this momentum will continue. The momentum also shows that the current business performance of the product is improving. In the past fiscal year, the only goods will have turned a profit, from the previous loss of 0.02 dollars per share, converted to 0.09 dollars per share earnings. This year, the only product will be a further increase in the performance, is expected to be diluted per share of profits from 0.09 U.S. dollars to 0.31 U.S. dollars.

However, only the current gross profit margin of the goods will be very low, only 24.87%. Despite the current low profit margins, some progress has been made compared with the same period last year. In addition, although the overall gross profit margin is relatively low, only the net profit margin of the product will still reach 3.13%, to achieve the industry average.

-At present, the equity ratio (debt-to-equity ratio) is 1.77, and overall, this figure is already high compared to the industry average.

The results also suggest that the current management of debt should be reassessed. As a result of this unfavourable liability ratio, the liquidity ratio (quick ratio) has been maintained at a low level of 0.98, which shows that only the goods will not be able to avoid short-term funding problems.