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Nasdaq · Consumer Discretionary

Baozun Inc. (BZUN)

As-reported financials and SEC filings for Baozun Inc. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Baozun Inc.

Baozun Inc. provides e-commerce solutions and brand management services. The company offers warehousing and fulfillment, online store operations, digital marketing, IT solutions, and logistics services. It serves brand owners and retailers, primarily in China.

Snapshot

Revenue
$1.42B
Revenue growth (YoY)
10.2%
Net income
$-34.6M
Diluted EPS
$-0.20
Gross margin
74.1%
Operating margin
0.6%
Net margin
-2.4%
FCF margin
3.2%
ROE
-4.5%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$201.8M
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Baozun

  • Revenue grew 10.2% to $1.4B in FY2025, faster than the 4.0% the year before.
  • Operating margin is 0.6% in FY2025, +0.5 pp against 0.1% in FY2021.
  • Free cash flow was $45M in FY2025, 3.2% of revenue.
  • Net loss widened to $35M in FY2025, from $25M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Baozun’s fundamentals sit among the 410 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin74.1%
97th percentile of 277
Operating margin0.6%
33rd percentile of 348
Net margin-2.4%
25th percentile of 384
FCF margin3.2%
44th percentile of 358
Revenue growth (YoY)+10.2%
79th percentile of 401
ROE-4.5%
29th percentile of 349
Short interest2.68d
29th percentile of 408

Baozun’s gross margin of 74.1% ranks in the 97th percentile of the 277 Consumer Discretionary companies reporting it.

11 reported insider purchases (code P) totaling $256,389 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+5 quant / multi-strat
Initiated / added
4
0 new, 4 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$6.5M
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ2 2026$3.2M1.1MAdded
Citadel AdvisorsquantQ2 2026$1.4M499.0KAdded
D. E. ShawquantQ2 2026$886,772313.3KAdded
Renaissance TechnologiesquantQ2 2026$547,650193.5KReduced
Millennium ManagementquantQ2 2026$451,849159.7KAdded

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
11
2 insiders
Bought (90d)
$256K
code P value
Sells (90d)
0
—
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-10-14
filed 2026-10-16
Wenbin QiuChief Executive OfficerBuy5.8K$3.44$20K
2026-10-13
filed 2026-10-14
Wenbin QiuChief Executive OfficerBuy5.8K$3.47$20K
2026-10-12
filed 2026-10-14
Wenbin QiuChief Executive OfficerBuy6.0K$3.34$20K
2026-09-21
filed 2026-09-22
Wenbin QiuChief Executive OfficerBuy6.9K$2.85$20K
2026-09-18
filed 2026-09-22
Wenbin QiuChief Executive OfficerBuy7.0K$2.88$20K
2026-09-17
filed 2026-09-18
Wenbin QiuChief Executive OfficerBuy7.1K$2.84$20K
2026-09-16
filed 2026-09-18
Wenbin QiuChief Executive OfficerBuy7.3K$2.74$20K
2026-09-15
filed 2026-09-17
Junhua WuChief Strategy OfficerBuy13.9K$2.73$38K
2026-09-15
filed 2026-09-16
Wenbin QiuChief Executive OfficerBuy7.3K$2.72$20K
2026-09-14
filed 2026-09-16
Wenbin QiuChief Executive OfficerBuy7.3K$2.74$20K
2026-09-02
filed 2026-09-04
Junhua WuChief Strategy OfficerBuy13.5K$2.85$38K
2026-06-24
filed 2026-06-26
Junhua WuChief Strategy OfficerBuy29.0K$2.85$83K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
612.3K
settled 2026-09-30
Change vs prior
-0.8%
vs previous settlement
Days to cover
2.68
at avg daily volume
Avg daily volume
228.6K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30612.3K-0.8%2.68
2026-09-15617.2K+0.8%4.50
2026-08-31612.4K+10.2%3.19
2026-08-14555.6K-5.1%3.35
2026-07-31585.7K+6.7%2.08
2026-07-15549.2K+13.2%2.14
2026-06-30485.0K+3.4%1.77
2026-06-15469.2K-4.4%1.78

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.42B$1.29B$1.24B$1.22B$1.47B
Gross profit
Operating income$8.1M$-15.7M$-29.1M$4.8M$1.1M
Net income$-34.6M$-25.4M$-39.2M$-94.7M$-32.3M
Diluted EPS$-0.20$-0.14$-0.22$-0.52$-0.16

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$129.7M$176.6M$302.8M$310.9M$722.9M
Current assets$972.8M$988.3M$1.03B$1.07B$1.44B
Total assets$1.39B$1.40B$1.48B$1.47B$1.93B
Current liabilities$521.3M$513.4M$529.3M$533.8M$749.6M
Long-term debt————$0
Total liabilities$600.5M$606.4M$651.1M$644.6M$916.1M
Total equity$777.0M$563.1M$601.0M$614.5M$794.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$60.1M$13.9M$63.1M$55.5M$-15.1M
Capital expenditure$15.2M$18.1M$23.2M$30.0M$44.8M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryRetail-Catalog & Mail-Order Houses
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2014
SEC CIK1625414

Selected SEC filings

20-F2026-04-23
View on EDGAR →
6-K2026-10-16
View on EDGAR →
6-K2026-10-09
View on EDGAR →
6-K2026-10-02
View on EDGAR →
6-K2026-09-24
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.