Saturday 17 October 2026
Export BZUN’s income statement to Excel — free account
Baozun Inc.
BZUN Consumer Cyclical Internet Retail
Baozun Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 10.2% from fiscal 2024. In the quarter to June 2026, revenue grew 13.5%, EPS grew 150.0%, free cash flow grew 151.7% and total debt fell 5.57%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
3.71
0.04
+1.09%
Follow BZUN
| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 36.01 | 46.65 | 41.73 | 58.03 | 46.59 |
Piotroski F-Score |
6 | 6 | 6 | 6 | 3 | 5 | 4 | 2 | 5 | 5 |
P/S ratio |
0.11 | 0.13 | 0.13 | 0.28 | 0.68 | 1.58 | 1.81 | 2.11 | 2.85 | 1.17 |
Altman Z-Score |
1.45 | 1.32 | 1.23 | 1.48 | 1.77 | 3.88 | 3.63 | 5.92 | 7.99 | 5.27 |
Altman Z″-Score (non-manufacturers) |
3.20 | 2.64 | 2.64 | 3.11 | 3.21 | 6.50 | 4.32 | 4.52 | 5.12 | 5.81 |
P/FCF ratio |
0.00 | 0.00 | 115.03 | 15.03 | 38.00 | 41.14 | 0.00 | 0.00 | 0.00 | 0.00 |
Beneish M-Score |
(2.68) | (2.74) | (2.83) | (3.00) | (1.97) | (2.21) | (2.24) | (1.79) | (1.08) | (1.77) |
P/Operating CF |
2.56 | 11.74 | (115.36) | (252.98) | (736.06) | (1,574.78) | (1,391.65) | (1,214.47) | (1,335.48) | (418.32) |
Dividend Safety Score |
45 | — | — | — | — | — | — | — | — | — |
P/B ratio |
0.20 | 0.29 | 0.26 | 0.56 | 1.26 | 2.28 | 5.09 | 5.18 | 6.48 | 2.52 |
Price to Tangible BV |
0.22 | 0.35 | 0.31 | 0.67 | 1.51 | 2.36 | 5.54 | 5.67 | 6.95 | 2.56 |
EV/Sales |
(0.05) | 0.04 | 0.00 | 0.11 | 0.52 | 1.27 | 1.80 | 2.10 | 2.75 | 0.87 |
EV/EBITDA |
0.00 | 0.00 | 0.07 | 27.66 | 692.12 | 20.12 | 34.18 | 31.78 | 44.47 | 32.73 |
EV/Operating CF |
(1.22) | (4.27) | (0.01) | 0.90 | 5.59 | 12.56 | 383.00 | (43.24) | (69.89) | (43.29) |
EV/FCF |
2.14 | (0.38) | (1.41) | 5.82 | 28.91 | 33.05 | (16.47) | (11.39) | (17.06) | (13.08) |
Quick Ratio |
1.37 | 1.33 | 1.42 | 1.50 | 1.47 | 3.37 | 1.80 | 1.23 | 1.55 | 2.10 |
Current Ratio |
1.87 | 1.93 | 1.94 | 2.01 | 1.93 | 4.17 | 2.45 | 1.86 | 2.15 | 2.72 |
Net Debt/EBITDA |
(5.73) | (13.12) | (43.25) | (9.25) | (11.27) | (3.87) | (0.16) | (0.15) | (1.41) | (7.10) |
Debt/Assets |
12.46% | 11.96% | 10.65% | 10.04% | 18.58% | 23.18% | 32.25% | 12.57% | 5.78% | 4.84% |
Debt/Equity |
0.22 | 0.30 | 0.26 | 0.24 | 0.45 | 0.40 | 0.88 | 0.23 | 0.09 | 0.07 |
Asset Turnover |
1.02 | 0.90 | 0.84 | 0.72 | 0.83 | 1.03 | 1.30 | 1.51 | 1.60 | 1.54 |
Operating CF/Net income |
(1.74) | (0.55) | (1.61) | (0.59) | 0.44 | 0.73 | 1.07 | (0.37) | (0.81) | 0.16 |
Capex/Depreciation |
(0.69) | (0.85) | (0.91) | (1.32) | (1.70) | (1.05) | (1.27) | (2.89) | (6.90) | (2.57) |
Interest Coverage |
1.27 | (2.95) | (4.99) | 0.58 | 0.12 | 8.45 | 6.26 | 27.25 | 60.24 | 7.19 |
| (5.17%) | (4.36%) | (6.45%) | (13.45%) | (3.98%) | 9.95% | 11.69% | 13.08% | 12.66% | 5.98% | |
| (2.49%) | (1.77%) | (2.67%) | (5.57%) | (1.95%) | 4.97% | 5.04% | 7.53% | 8.04% | 3.94% | |
ROIC |
0.92% | (2.99%) | (5.58%) | 0.98% | 0.17% | 10.33% | 9.56% | 10.44% | 11.51% | 8.30% |
Return on Tangible Assets |
(6.18%) | (4.32%) | (6.35%) | (14.81%) | (4.33%) | 5.76% | 7.44% | 14.15% | 12.67% | 5.88% |
Average Days of Receivables |
79.98 | 79.06 | 94.08 | 103.67 | 90.51 | 91.95 | 91.28 | 106.93 | 103.07 | 71.44 |
Research and Development Expense of Revenue |
4.66% | 5.84% | 5.73% | 5.09% | 4.77% | 4.63% | 5.40% | 4.99% | 3.39% | 2.82% |
Selling, General and Administrative Expense of Revenue |
46.24% | 43.51% | 41.82% | 36.26% | 32.73% | 26.60% | 27.91% | 27.70% | 24.76% | 22.04% |
Intangible Assets out of Total Assets |
0.07 | 0.07 | 0.06 | 0.07 | 0.07 | 0.02 | 0.03 | 0.05 | 0.04 | 0.01 |
Share Based Compensation of Revenue |
0.20% | 0.81% | 1.17% | 1.69% | 2.09% | 1.23% | 1.03% | 1.41% | 1.40% | 1.01% |
Graham Net Nets |
2.37 | 0.94 | 0.97 | 0.64 | 0.30 | 0.34 | 0.09 | 0.13 | 0.11 | 0.35 |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 17.98 | 10.19 | 9.42 | 8.23 | 4.99 |
Earnings Yield |
(21.80%) | (15.81%) | (25.00%) | (28.01%) | (3.38%) | 2.78% | 2.14% | 2.40% | 1.72% | 2.15% |
Free Cash Flow Yield |
(22.30%) | (74.11%) | 0.87% | 6.66% | 2.63% | 2.43% | (6.03%) | (8.73%) | (5.65%) | (5.70%) |
Revenue per Share |
24.59 | 21.55 | 20.85 | 19.94 | 20.44 | 21.73 | 18.27 | 13.85 | 11.80 | 9.77 |
Operating CF per Share |
1.04 | 0.23 | 1.06 | 0.91 | (0.21) | 0.76 | 0.76 | (0.25) | (0.48) | 0.04 |
Capex per Share |
(0.38) | (0.48) | (0.54) | (0.62) | (0.77) | (0.39) | (0.38) | (0.54) | (0.99) | (0.27) |
Free Cash Flow per Share |
0.66 | (0.24) | 0.52 | 0.29 | (0.98) | 0.37 | 0.37 | (0.79) | (1.47) | (0.23) |
Cash per Share |
6.93 | 6.70 | 7.27 | 7.45 | 10.23 | 12.71 | 5.95 | 1.46 | 1.72 | 2.91 |
Shareholders Equity per Share |
13.44 | 9.40 | 10.10 | 10.06 | 11.01 | 15.05 | 6.50 | 5.64 | 5.19 | 4.53 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
13.44 | 9.40 | 10.10 | 10.06 | 11.01 | 15.05 | 6.50 | 5.64 | 5.19 | 4.53 |
Free Cash Flow |
38.12 | (14.66) | 30.71 | 17.89 | (70.44) | 23.21 | 21.33 | (44.68) | (79.66) | (11.34) |
Working Capital |
451.58 | 474.92 | 497.59 | 538.69 | 694.75 | 1,067.06 | 483.55 | 218.70 | 202.49 | 197.58 |
Capital Expenditures |
(22.00) | (28.53) | (32.42) | (37.59) | (55.36) | (24.30) | (21.96) | (30.36) | (53.67) | (13.28) |
Net Current Asset Value |
364.07 | 153.08 | 152.57 | 219.35 | 305.16 | 738.35 | 170.11 | 208.22 | 201.92 | 197.58 |
EV/EBIT |
0.00 | 0.00 | 0.07 | 27.66 | 692.06 | 20.12 | 34.18 | 31.78 | 44.47 | 32.73 |
Capex to Sales |
0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.02 | 0.02 | 0.04 | 0.08 | 0.03 |
Price to Operating Income |
19.02 | 0.00 | 0.00 | 71.38 | 909.72 | 25.05 | 34.39 | 31.97 | 46.17 | 43.92 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.29 | 0.30 | 0.30 | 0.28 | 0.32 | 0.35 | 0.29 | 0.18 | 0.15 | 0.36 |
Cash ROIC |
2.82% | (1.30%) | 2.58% | 1.47% | (3.73%) | 1.10% | 2.05% | (9.40%) | (19.90%) | (2.92%) |
Accounts Receivable Turnover |
4.81 | 4.31 | 3.73 | 3.42 | 4.17 | 4.50 | 4.26 | 3.83 | 4.63 | 6.19 |
Accounts Payable Turnover |
4.86 | 4.12 | 4.58 | 4.47 | 7.23 | 5.35 | 3.13 | 2.71 | 3.56 | 3.78 |
Inventory Turnover |
2.64 | 2.26 | 2.39 | 2.14 | 3.16 | 3.56 | 3.57 | 3.85 | 5.66 | 5.73 |
Average Days of Payables |
66.04 | 91.58 | 85.38 | 76.81 | 55.04 | 46.26 | 115.39 | 158.99 | 111.08 | 99.99 |
Days of Inventory on Hand |
124.61 | 164.87 | 158.34 | 152.57 | 119.59 | 112.59 | 117.99 | 116.66 | 73.22 | 59.27 |
Average Receivables |
295.62 | 299.75 | 332.92 | 355.77 | 353.68 | 301.60 | 245.62 | 204.92 | 137.82 | 78.84 |
Average Payables |
75.84 | 82.20 | 74.10 | 73.18 | 71.07 | 95.30 | 127.45 | 109.30 | 82.76 | 73.23 |
Average Inventory |
139.42 | 150.15 | 141.96 | 152.59 | 162.86 | 143.03 | 111.70 | 76.86 | 52.04 | 48.28 |
Average Assets |
1,392.08 | 1,436.83 | 1,471.46 | 1,700.37 | 1,769.22 | 1,312.34 | 801.72 | 520.74 | 399.26 | 316.37 |
Average Common Equity |
670.07 | 582.04 | 607.74 | 704.23 | 866.99 | 656.06 | 345.68 | 299.99 | 253.57 | 208.49 |
Columns are period end dates