View ValuationValuetronics Holdings 将来の成長Future 基準チェック /16Valuetronics Holdings利益と収益がそれぞれ年間14.5%と2.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に12.6% 14.3%なると予測されています。主要情報14.5%収益成長率14.31%EPS成長率Electronic 収益成長33.8%収益成長率2.7%将来の株主資本利益率12.60%アナリストカバレッジLow最終更新日01 Jun 2026今後の成長に関する最新情報お知らせ • Aug 09Valuetronics Holdings Limited Provides Earnings Guidance for the Fiscal 2021Valuetronics Holdings Limited provided earnings guidance for the fiscal 2021. With COVID-19 pandemic and the Sino-US trade tensions, the outlook for the fiscal 2021 is highly uncertain. This is the toughest business environment that have faced in operating history and while try to mitigate its impact, 2021 financial results are expected to be significantly lower compared with 2020.すべての更新を表示Recent updatesDeclared Dividend • May 31Final dividend of HK$0.30 announcedShareholders will receive a dividend of HK$0.30. Ex-date: 7th August 2026 Payment date: 28th August 2026 Dividend yield will be 41%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (27% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 4.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 30Valuetronics Holdings Limited Revises Dividend PolicyValuetronics Holdings Limited announced that the Company has adopted a revised dividend policy which aims to provide shareholders of the Company with a target annual ordinary dividend payout of 50% to 70% of the net profit attributable to Shareholders in any financial year, whether as interim and/or final dividends, the declaration and payment of dividends being determined at the sole discretion of the Board. The 2014 Dividend Policy shall cease on the adoption of the revised Dividend Policy. In proposing any dividend payout and/or determining the form, frequency and/or the amount of such dividend payout, the Board shall also take into account, inter alia:- (i) the Group's actual and expected financial performance and financial conditions; (ii) retained earnings and distributable reserves; (iii) results of operation and cash flow; (iv) the level of the Company's debts to equity ratio and return on equity; (v) the ability of the Company's subsidiaries to make dividend payments to the Company; (vi) restrictions on payment of dividends that may be imposed on the Company by any of its financing arrangements; (vii) the Group's expected working capital requirements, the Group's expected capital expenditure, future expansion, other investment plans and other funding requirements; (viii) general economic conditions and other internal or external factors that may have an impact on the business or financial performance and position of the Group, including such legal or contractual restrictions as may apply from time to time or which Directors may consider appropriate in the interest of the Company; and (ix) such other factors that the Directors deem appropriate. This dividend policy and the declaration and/or payment of future dividends under this policy are subject to the Board's continuing determination that this dividend policy and the declaration and/or payment of dividends would be in the best interests of the Company and Shareholders, and are in compliance with all applicable laws and regulations. The Board endeavours to maintain a balance between meeting Shareholders' expectations and prudent capital management with a sustainable dividend policy. The Board will continually review the dividend policy and reserves the right in its sole and absolute discretion to update, amend, modify and/or cancel the dividend policy at any time, and this dividend policy shall in no way constitute a legally binding commitment by the Company in respect of its future dividend and/or in no way obligates the Company to declare a dividend at any time or from time to time. Any dividends declared by the Company must be approved by an ordinary resolution of Shareholders at an annual general meeting and must not exceed the amount recommended by the Board. The Board may, without the approval of Shareholders, also declare an interim dividend. Please note that the Company's dividend policy is not indicative in any way of, and should not be construed in any manner as, a forecast statement or projection made by the Company or the Board on the future financial results and performance of the Company. In particular, no inference should or can be made from any of the foregoing statements as to the actual future profitability of the Company or the ability of the Company to pay dividends in any of the periods discussed.Reported Earnings • May 28Full year 2026 earnings released: EPS: HK$0.29 (vs HK$0.42 in FY 2025)Full year 2026 results: EPS: HK$0.29 (down from HK$0.42 in FY 2025). Revenue: HK$1.66b (down 4.0% from FY 2025). Net income: HK$117.1m (down 31% from FY 2025). Profit margin: 7.1% (down from 9.9% in FY 2025). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 12Valuetronics Holdings Limited to Report Fiscal Year 2026 Results on May 28, 2026Valuetronics Holdings Limited announced that they will report fiscal year 2026 results at 9:00 AM, Singapore Standard Time on May 28, 2026お知らせ • Nov 12+ 1 more updateValuetronics Holdings Limited Declares Special Interim Dividend for the Six Months Ended 30 September 2025, Payable on December 5, 2025The Board of Directors of Valuetronics Holdings Limited has declared a special interim dividend of 4.0 Hong Kong cents per share for the Six Months Ended 30 September 2025. The special dividend will be paid on 5 December 2025. The Share Transfer Books and Register of Members of the Company will be closed on 26 November 2025 for the preparation of dividend warrants.お知らせ • Oct 28Valuetronics Holdings Limited to Report First Half, 2026 Results on Nov 12, 2025Valuetronics Holdings Limited announced that they will report first half, 2026 results on Nov 12, 2025お知らせ • Aug 25+ 1 more updateValuetronics Holdings Limited Approves Final Dividend for the Financial Year Ended March 31, 2025, Payable August 22, 2025Valuetronics Holdings Limited at its Annual General Meeting held on 28 July 2025, approved the payment of a final dividend of 11 cents per share tax not applicable, for the financial year ended 31 March 2025. If approved, the dividends would be paid on 22 August 2025.お知らせ • Jul 09+ 2 more updatesValuetronics Holdings Limited, Annual General Meeting, Jul 28, 2025Valuetronics Holdings Limited, Annual General Meeting, Jul 28, 2025, at 10:00 Singapore Standard Time. Location: level 3 venus room i, furama riverfront, singapore,405 havelock road, singapore 169633, Singaporeお知らせ • May 13Valuetronics Holdings Limited to Report Fiscal Year 2025 Results on May 28, 2025Valuetronics Holdings Limited announced that they will report fiscal year 2025 results Pre-Market on May 28, 2025Declared Dividend • Nov 15First half dividend of HK$0.08 announcedShareholders will receive a dividend of HK$0.08. Ex-date: 25th November 2024 Payment date: 6th December 2024 Dividend yield will be 23%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 5.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Nov 14New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 34% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (34% accrual ratio). Minor Risk Dividend is not well covered by cash flows (119% cash payout ratio).お知らせ • Oct 31Valuetronics Holdings Limited to Report First Half, 2025 Results on Nov 13, 2024Valuetronics Holdings Limited announced that they will report first half, 2025 results on Nov 13, 2024お知らせ • Aug 19Valuetronics Holdings Limited Announces Executive ChangesThe Board of Directors of Valuetronics Holdings Limited announced that the Company: has accepted the resignations of Ms Hazel Chia Luang Chew and Ms Shirley Lim Keng San as Joint Company Secretaries with effect from 19 August 2024; and has appointed Cheng Lisa and Yoo Loo Ping as Joint Company Secretaries of Company with effect from 19 August 2024. The Board of Directors take this opportunity to thank Ms Chia and Ms Lim for their past services to the Company.お知らせ • Aug 16+ 1 more updateValuetronics Holdings Limited Approves Special Dividend for the Financial Year Ended 31 March 2024, Payable on 23 August 2024Valuetronics Holdings Limited announced at the AGM held on July 22, 2024, approved special dividend of HK8 cents per share, tax not applicable, for the financial year ended 31 March 2024. If approved, the dividends would be paid on 23 August 2024.Upcoming Dividend • Aug 01Upcoming dividend of HK$0.17 per shareEligible shareholders must have bought the stock before 08 August 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%).Reported Earnings • Jul 05Full year 2024 earnings released: EPS: HK$0.39 (vs HK$0.29 in FY 2023)Full year 2024 results: EPS: HK$0.39 (up from HK$0.29 in FY 2023). Revenue: HK$1.67b (down 17% from FY 2023). Net income: HK$159.6m (up 30% from FY 2023). Profit margin: 9.6% (up from 6.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Jul 04Valuetronics Holdings Limited, Annual General Meeting, Jul 22, 2024Valuetronics Holdings Limited, Annual General Meeting, Jul 22, 2024, at 10:00 Singapore Standard Time. Location: level 3, venus room ii & iii, furama riverfront, singapore, 405 havelock road, singapore 169633, SingaporeDeclared Dividend • May 31Final dividend of HK$0.17 announcedShareholders will receive a dividend of HK$0.17. Ex-date: 8th August 2024 Payment date: 23rd August 2024 Dividend yield will be 43%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 30Full year 2024 earnings released: EPS: HK$0.39 (vs HK$0.29 in FY 2023)Full year 2024 results: EPS: HK$0.39 (up from HK$0.29 in FY 2023). Revenue: HK$1.67b (down 17% from FY 2023). Net income: HK$159.6m (up 30% from FY 2023). Profit margin: 9.6% (up from 6.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year.New Risk • May 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • May 17Valuetronics Holdings Limited to Report Fiscal Year 2024 Results on May 29, 2024Valuetronics Holdings Limited announced that they will report fiscal year 2024 results Pre-Market on May 29, 2024Upcoming Dividend • Nov 15Upcoming dividend of HK$0.08 per share at 4.4% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.6%).Reported Earnings • Nov 14First half 2024 earnings released: EPS: HK$0.20 (vs HK$0.14 in 1H 2023)First half 2024 results: EPS: HK$0.20 (up from HK$0.14 in 1H 2023). Revenue: HK$891.3m (down 15% from 1H 2023). Net income: HK$82.1m (up 42% from 1H 2023). Profit margin: 9.2% (up from 5.5% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Oct 26Valuetronics Holdings Limited to Report Q2, 2024 Results on Nov 09, 2023Valuetronics Holdings Limited announced that they will report Q2, 2024 results Pre-Market on Nov 09, 2023Buying Opportunity • Aug 08Now 23% undervaluedOver the last 90 days, the stock is up 2.4%. The fair value is estimated to be €0.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 17%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings is also forecast to grow by 8.7% per annum over the same time period.Upcoming Dividend • Aug 01Upcoming dividend of HK$0.16 per share at 4.4% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 22 August 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.3%).お知らせ • Jul 23+ 1 more updateValuetronics Holdings Limited Announces Cessation of Tan Siok Chin as Independent Director, Lead Independent Director, Chairman of the Rc, Member of the Ac and Member of the NcValuetronics Holdings Limited announced cessation of Tan Siok Chin as Independent Director, Lead Independent Director, Chairman of the RC, member of the AC and member of the NC.Reported Earnings • Jul 01Full year 2023 earnings released: EPS: HK$0.29 (vs HK$0.26 in FY 2022)Full year 2023 results: EPS: HK$0.29 (up from HK$0.26 in FY 2022). Revenue: HK$2.01b (flat on FY 2022). Net income: HK$123.0m (up 8.3% from FY 2022). Profit margin: 6.1% (up from 5.6% in FY 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Jun 30Valuetronics Holdings Limited, Annual General Meeting, Jul 17, 2023Valuetronics Holdings Limited, Annual General Meeting, Jul 17, 2023, at 10:00 Singapore Standard Time. Location: Level 3, Venus Room I & II, Furama RiverFron 405 Havelock Road, Singapore Singapore Agenda: To receive and adopt the Report of the Directors and the Audited Financial Statements of the Company for the financial year ended 31 March 2023 together with the Auditors' Report thereon; to declare final dividend for the financial year ended 31 March 2023; to re-elect the Directors; to approve the payment of Directors' fees for the financial year ending 31 March 2024, to be paid quarterly in arrears at the end of each calendar quarter; to re-appoint PricewaterhouseCoopers LLP, as the Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company and to authorize the Directors to fix their remuneration; to consider authority to issue shares; to consider authority to allot and issue shares under the Valuetronics Employees Share Option Scheme and the Valuetronics Performance Share Plan; and to transact any other ordinary business which may be transacted at an Annual General Meeting.Buying Opportunity • Jun 02Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €0.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 4.9% in the next 2 years.Reported Earnings • May 30Full year 2023 earnings released: EPS: HK$0.29 (vs HK$0.26 in FY 2022)Full year 2023 results: EPS: HK$0.29 (up from HK$0.26 in FY 2022). Revenue: HK$2.01b (flat on FY 2022). Net income: HK$123.0m (up 8.3% from FY 2022). Profit margin: 6.1% (up from 5.6% in FY 2022). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • May 30+ 1 more updateValuetronics Holdings Limited Proposes Special Dividend for the Year Ended 31 March 2023, Payable on 22 August 2023Valuetronics Holdings Limited proposed special dividend for the year ended 31 March 2023 of HKD 0.06 per share. Ex-date is 8 August 2023. Members whose Securities Accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 p.m. on 10 August 2023 will be entitled to the proposed special dividend. Payment of the proposed special dividend, if approved by shareholders at the Annual General Meeting to be held in July 2023, will be made on 22 August 2023.お知らせ • May 17Valuetronics Holdings Limited to Report Fiscal Year 2023 Results on May 30, 2023Valuetronics Holdings Limited announced that they will report fiscal year 2023 results at 9:00 AM, Singapore Standard Time on May 30, 2023お知らせ • Nov 22Valuetronics Holdings Limited Announces Changes to the Board of Directors and Composition of Board CommitteesThe Board of Directors of Valuetronics Holdings Limited announced the following changes to the Board and Board Committees, with effect from 21 November 2022, as part of the Board renewal process: The resignation of Mr. Ong Tiew Siam as an Independent Director of the Company. Accordingly, Mr. Ong has ceased as the Lead Independent Director, the Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee. The appointment of Ms. Tan Siok Chin (an existing Independent Director) as the Lead Independent Director, in place of Mr. Ong Tiew Siam. The appointment of Mr. Liu Chung Mun Wilson (an existing Independent Director who is a member of the Audit Committee) as the Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee, in place of Mr. Ong Tiew Siam. Accordingly, the Board, Audit Committee, Nominating Committee and Remuneration Committee shall comprise: Board- Tse Chong Hing (Chairman and Managing Director)- Chow Kok Kit (Executive Director)- Tan Siok Chin (Lead Independent Director)- Liu Chung Mun Wilson (Independent Director)- Loo Cheng Guan (Independent Director). Audit Committee - Liu Chung Mun Wilson (Chairman) - Loo Cheng Guan - Tan Siok Chin. Nominating Committee - Loo Cheng Guan (Chairman) - Liu Chung Mun Wilson - Tan Siok Chin. Remuneration Committee - Tan Siok Chin (Chairman) - Liu Chung Mun Wilson - Loo Cheng Guan.Upcoming Dividend • Nov 16Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 23 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).Reported Earnings • Nov 13First half 2023 earnings released: EPS: HK$0.14 (vs HK$0.13 in 1H 2022)First half 2023 results: EPS: HK$0.14 (up from HK$0.13 in 1H 2022). Revenue: HK$1.05b (up 3.6% from 1H 2022). Net income: HK$57.9m (up 2.2% from 1H 2022). Profit margin: 5.5% (down from 5.6% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Nov 12Valuetronics Holdings Limited Announces Interim Dividend, Payable on 2 December 2022Valuetronics Holdings Limited announced interim dividend of HK 4 cents per share as same as a year ago. The interim dividend will be paid on 2 December 2022. NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed on 25 November 2022 for the preparation of dividend warrants. Members whose Securities Accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 p.m. on 24 November 2022 will be entitled to the interim dividend.Buying Opportunity • Nov 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €0.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings is also forecast to grow by 7.2% per annum over the same time period.Upcoming Dividend • Aug 03Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 10 August 2022. Payment date: 23 August 2022. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.0%).お知らせ • Aug 01Valuetronics Holdings Limited Appoints Liu Chung Mun Wilson as Independent Director and Member of Audit Committee, Effective August 1, 2022The Board of Directors of Valuetronics Holdings Limited announced the appointment of Mr. Liu Chung Mun Wilson as an Independent Director and a member of the Audit Committee of the Company with effect from 1 August 2022. Work Experience:1 July 1997 to 30 June 2020: Partner, PricewaterhouseCoopers Hong Kong. Professional Qualifications: Member of the Institute of Chartered Accountants in Australia, and fellow member of CPA Australia and the Hong Kong Institute of Certified Public Accountants. Accordingly, the Board and Audit Committee shall comprise: Board - Tse Chong Hing (Chairman and Managing Director), Chow Kok Kit (Executive Director), Ong Tiew Siam (Lead Independent Director), Loo Cheng Guan (Independent Director), Tan Siok Chin (Independent Director), and Liu Chung Mun Wilson (Independent Director). Audit Committee - Ong Tiew Siam (Chairman), Loo Cheng Guan, Tan Siok Chin, and Liu Chung Mun Wilson. The Board of Directors of Valuetronics Holdings Limited announced the appointment of Mr. Liu Chung Mun Wilson as an Independent Director and a member of the Audit Committee of the Company with effect from 1 August 2022. Work Experience:1 July 1997 to 30 June 2020: Partner, PricewaterhouseCoopers Hong Kong. Professional Qualifications: Member of the Institute of Chartered Accountants in Australia, and fellow member of CPA Australia and the Hong Kong Institute of Certified Public Accountants. Accordingly, the Board and Audit Committee shall comprise: Board - Tse Chong Hing (Chairman and Managing Director), Chow Kok Kit (Executive Director), Ong Tiew Siam (Lead Independent Director), Loo Cheng Guan (Independent Director), Tan Siok Chin (Independent Director), and Liu Chung Mun Wilson (Independent Director). Audit Committee - Ong Tiew Siam (Chairman), Loo Cheng Guan, Tan Siok Chin, and Liu Chung Mun Wilson.Reported Earnings • Jul 06Full year 2022 earnings released: EPS: HK$0.26 (vs HK$0.43 in FY 2021)Full year 2022 results: EPS: HK$0.26 (down from HK$0.43 in FY 2021). Revenue: HK$2.03b (down 11% from FY 2021). Net income: HK$113.5m (down 39% from FY 2021). Profit margin: 5.6% (down from 8.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 8.5%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Jul 05Valuetronics Holdings Limited, Annual General Meeting, Jul 29, 2022Valuetronics Holdings Limited, Annual General Meeting, Jul 29, 2022, at 10:00 Singapore Standard Time. Agenda: To receive and adopt the Report of the Directors and the Audited Financial Statements of the Company for the financial year ended 31 March 2022 together with the Auditors' Report thereon; to declare final dividend of 10.0 HK cents per share (tax not applicable) for the financial year ended 31 March 2022; to re-elect the following Directors retiring pursuant to Bye-Law 104 of the Company's Bye-Laws: Mr Loo Cheng Guan, Ms Tan Siok Chin and Mr Tse Chong Hing; to approve the payment of additional Directors' fees of SGD 7,500 for the financial year ended 31 March 2022; to approve the payment of Directors' fees of up to SGD 350,000 for the financial year ending 31 March 2023, to be paid quarterly in arrears at the end of each calendar quarter (2022: SGD 250,000); and to consider other matters.Reported Earnings • May 28Full year 2022 earnings released: EPS: HK$0.26 (vs HK$0.43 in FY 2021)Full year 2022 results: EPS: HK$0.26 (down from HK$0.43 in FY 2021). Revenue: HK$2.03b (down 11% from FY 2021). Net income: HK$113.5m (down 39% from FY 2021). Profit margin: 5.6% (down from 8.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 12%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • May 28Valuetronics Holdings Limited Recommends Final Dividend for Fiscal Year 2022, Payable on August 23, 2022The Board of the Valuetronics Holdings Limited recommended a Final Dividend of HK 10 cents per share for fiscal year 2022 (fiscal year 2021: HK 16 cents per share). The final dividend will be paid on August 23, 2022. Members whose Securities Accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 p.m. on August 11, 2022 will be entitled to the final dividend.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Cheng Guan Loo was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Nov 15Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 22 November 2021. Payment date: 03 December 2021. Trailing yield: 6.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.6%).Reported Earnings • Nov 13First half 2022 earnings released: EPS HK$0.13 (vs HK$0.21 in 1H 2021)The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2022 results: Revenue: HK$1.01b (down 7.3% from 1H 2021). Net income: HK$56.6m (down 38% from 1H 2021). Profit margin: 5.6% (down from 8.4% in 1H 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Jul 16Valuetronics Holdings to Be Deleted from Other OTCValuetronics Holdings Ltd. Ordinary shares will be deleted from Other OTC effective July 16, 2021. The deletion is due to Inactive Security.Reported Earnings • Jul 04Full year 2021 earnings released: EPS HK$0.43 (vs HK$0.41 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$2.28b (down 3.1% from FY 2020). Net income: HK$187.1m (up 4.6% from FY 2020). Profit margin: 8.2% (up from 7.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Jun 03Full year 2021 earnings released: EPS HK$0.43 (vs HK$0.41 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$2.28b (down 3.1% from FY 2020). Net income: HK$187.1m (up 4.6% from FY 2020). Profit margin: 8.2% (up from 7.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.お知らせ • May 29Valuetronics Holdings Limited Proposes Final Cash Dividend for the Year Ended March 31, 2021Valuetronics Holdings Limited proposed final cash dividend of 16 HK cents per share for the year ended March 31, 2021.お知らせ • Mar 04Valuetronics Holdings Limited Announces Consolidation of China OperationsThe Board of Directors of Valuetronics Holdings Limited announced that the Group has completed the consolidation of its manufacturing operations in the People's Republic of China ("PRC") into a single location (the "Consolidation") at the Group's design and manufacturing campus at Western District of Science and Technology Park, Dayawan Economy and Technology Development District, Huizhou City, Guangdong Province, PRC ("China Campus"). Following the completion of the Consolidation, the Group has vacated from its factory at Danshui Town, Huiyang District, Huizhou City, Guangdong Province, PRC ("Danshui Facility") before the Chinese New Year earlier in February. The lease for the Danshui Facility expires on 31 March 2021. As the Group is expanding its manufacturing facilities in Vietnam with the construction of its own manufacturing campus at Thang Long Industrial Park (Vinh Phuc), Thien Ke Commune, Binh Xuyen District, Vinh Phuc Province, Vietnam ("Vietnam Campus"), the Consolidation is a positive step toward streamlining the Group's global manufacturing footprint to drive long term performance.Is New 90 Day High Low • Jan 13New 90-day high: €0.39The company is up 10.0% from its price of €0.36 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.19 per share.Reported Earnings • Nov 13First half 2021 earnings released: EPS HK$0.21The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: HK$1.09b (down 20% from 1H 2020). Net income: HK$91.5m (down 12% from 1H 2020). Profit margin: 8.4% (up from 7.6% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Nov 10New 90-day high: €0.36The company is up 5.0% from its price of €0.35 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.21 per share.お知らせ • Oct 30Valuetronics Holdings Limited to Report First Half, 2021 Results on Nov 11, 2020Valuetronics Holdings Limited announced that they will report first half, 2021 results on Nov 11, 2020お知らせ • Aug 09Valuetronics Holdings Limited Provides Earnings Guidance for the Fiscal 2021Valuetronics Holdings Limited provided earnings guidance for the fiscal 2021. With COVID-19 pandemic and the Sino-US trade tensions, the outlook for the fiscal 2021 is highly uncertain. This is the toughest business environment that have faced in operating history and while try to mitigate its impact, 2021 financial results are expected to be significantly lower compared with 2020.業績と収益の成長予測DB:GJ7 - アナリストの将来予測と過去の財務データ ( )HKD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20291,782186N/A25613/31/20281,770173N/A22323/31/20271,693161N/A18923/31/20261,660117178225N/A12/31/20251,68214585210N/A9/30/20251,704173-9195N/A6/30/20251,716172-14202N/A3/31/20251,729170-20208N/A12/31/20241,68516933176N/A9/30/20241,64116886144N/A6/30/20241,655164149189N/A3/31/20241,670160213234N/A12/31/20231,762153221244N/A9/30/20231,853147230254N/A6/30/20231,934135197226N/A3/31/20232,014123164198N/A12/31/20222,039119151191N/A9/30/20222,064115139184N/A6/30/20222,0461141887N/A3/31/20222,027114-103-11N/A12/31/20212,114133-1067N/A9/30/20212,201152-10824N/A6/30/20212,2411705119N/A3/31/20212,282187118213N/A12/31/20202,182177145242N/A9/30/20202,082166171271N/A6/30/20202,248177235320N/A3/31/20202,354179243328N/A12/31/20192,540187N/A437N/A9/30/20192,776210N/A370N/A6/30/20192,779198N/A389N/A3/31/20192,829199N/A404N/A12/31/20182,794201N/A242N/A9/30/20182,853199N/A277N/A6/30/20182,862206N/A129N/A3/31/20182,854205N/A64N/A12/31/20172,846201N/A149N/A9/30/20172,645186N/A132N/A6/30/20172,493173N/A136N/A3/31/20172,275154N/A161N/A12/31/20162,081140N/A61N/A9/30/20161,927122N/A205N/A6/30/20161,880117N/A277N/A3/31/20161,953120N/A289N/A12/31/20152,090131N/A342N/A9/30/20152,252145N/A274N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: GJ7の予測収益成長率 (年間14.5% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: GJ7の収益 ( 14.5% ) German市場 ( 17.1% ) よりも低い成長が予測されています。高成長収益: GJ7の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: GJ7の収益 ( 2.7% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: GJ7の収益 ( 2.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: GJ7の 自己資本利益率 は、3年後には低くなると予測されています ( 12.6 %)。成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/05 20:07終値2026/07/03 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Valuetronics Holdings Limited 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Siew Khee LimCGS InternationalWei Le ChungDBS Bank LtdPaul ChewPhillip Securities Pte Ltd4 その他のアナリストを表示
お知らせ • Aug 09Valuetronics Holdings Limited Provides Earnings Guidance for the Fiscal 2021Valuetronics Holdings Limited provided earnings guidance for the fiscal 2021. With COVID-19 pandemic and the Sino-US trade tensions, the outlook for the fiscal 2021 is highly uncertain. This is the toughest business environment that have faced in operating history and while try to mitigate its impact, 2021 financial results are expected to be significantly lower compared with 2020.
Declared Dividend • May 31Final dividend of HK$0.30 announcedShareholders will receive a dividend of HK$0.30. Ex-date: 7th August 2026 Payment date: 28th August 2026 Dividend yield will be 41%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (27% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 4.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 30Valuetronics Holdings Limited Revises Dividend PolicyValuetronics Holdings Limited announced that the Company has adopted a revised dividend policy which aims to provide shareholders of the Company with a target annual ordinary dividend payout of 50% to 70% of the net profit attributable to Shareholders in any financial year, whether as interim and/or final dividends, the declaration and payment of dividends being determined at the sole discretion of the Board. The 2014 Dividend Policy shall cease on the adoption of the revised Dividend Policy. In proposing any dividend payout and/or determining the form, frequency and/or the amount of such dividend payout, the Board shall also take into account, inter alia:- (i) the Group's actual and expected financial performance and financial conditions; (ii) retained earnings and distributable reserves; (iii) results of operation and cash flow; (iv) the level of the Company's debts to equity ratio and return on equity; (v) the ability of the Company's subsidiaries to make dividend payments to the Company; (vi) restrictions on payment of dividends that may be imposed on the Company by any of its financing arrangements; (vii) the Group's expected working capital requirements, the Group's expected capital expenditure, future expansion, other investment plans and other funding requirements; (viii) general economic conditions and other internal or external factors that may have an impact on the business or financial performance and position of the Group, including such legal or contractual restrictions as may apply from time to time or which Directors may consider appropriate in the interest of the Company; and (ix) such other factors that the Directors deem appropriate. This dividend policy and the declaration and/or payment of future dividends under this policy are subject to the Board's continuing determination that this dividend policy and the declaration and/or payment of dividends would be in the best interests of the Company and Shareholders, and are in compliance with all applicable laws and regulations. The Board endeavours to maintain a balance between meeting Shareholders' expectations and prudent capital management with a sustainable dividend policy. The Board will continually review the dividend policy and reserves the right in its sole and absolute discretion to update, amend, modify and/or cancel the dividend policy at any time, and this dividend policy shall in no way constitute a legally binding commitment by the Company in respect of its future dividend and/or in no way obligates the Company to declare a dividend at any time or from time to time. Any dividends declared by the Company must be approved by an ordinary resolution of Shareholders at an annual general meeting and must not exceed the amount recommended by the Board. The Board may, without the approval of Shareholders, also declare an interim dividend. Please note that the Company's dividend policy is not indicative in any way of, and should not be construed in any manner as, a forecast statement or projection made by the Company or the Board on the future financial results and performance of the Company. In particular, no inference should or can be made from any of the foregoing statements as to the actual future profitability of the Company or the ability of the Company to pay dividends in any of the periods discussed.
Reported Earnings • May 28Full year 2026 earnings released: EPS: HK$0.29 (vs HK$0.42 in FY 2025)Full year 2026 results: EPS: HK$0.29 (down from HK$0.42 in FY 2025). Revenue: HK$1.66b (down 4.0% from FY 2025). Net income: HK$117.1m (down 31% from FY 2025). Profit margin: 7.1% (down from 9.9% in FY 2025). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 12Valuetronics Holdings Limited to Report Fiscal Year 2026 Results on May 28, 2026Valuetronics Holdings Limited announced that they will report fiscal year 2026 results at 9:00 AM, Singapore Standard Time on May 28, 2026
お知らせ • Nov 12+ 1 more updateValuetronics Holdings Limited Declares Special Interim Dividend for the Six Months Ended 30 September 2025, Payable on December 5, 2025The Board of Directors of Valuetronics Holdings Limited has declared a special interim dividend of 4.0 Hong Kong cents per share for the Six Months Ended 30 September 2025. The special dividend will be paid on 5 December 2025. The Share Transfer Books and Register of Members of the Company will be closed on 26 November 2025 for the preparation of dividend warrants.
お知らせ • Oct 28Valuetronics Holdings Limited to Report First Half, 2026 Results on Nov 12, 2025Valuetronics Holdings Limited announced that they will report first half, 2026 results on Nov 12, 2025
お知らせ • Aug 25+ 1 more updateValuetronics Holdings Limited Approves Final Dividend for the Financial Year Ended March 31, 2025, Payable August 22, 2025Valuetronics Holdings Limited at its Annual General Meeting held on 28 July 2025, approved the payment of a final dividend of 11 cents per share tax not applicable, for the financial year ended 31 March 2025. If approved, the dividends would be paid on 22 August 2025.
お知らせ • Jul 09+ 2 more updatesValuetronics Holdings Limited, Annual General Meeting, Jul 28, 2025Valuetronics Holdings Limited, Annual General Meeting, Jul 28, 2025, at 10:00 Singapore Standard Time. Location: level 3 venus room i, furama riverfront, singapore,405 havelock road, singapore 169633, Singapore
お知らせ • May 13Valuetronics Holdings Limited to Report Fiscal Year 2025 Results on May 28, 2025Valuetronics Holdings Limited announced that they will report fiscal year 2025 results Pre-Market on May 28, 2025
Declared Dividend • Nov 15First half dividend of HK$0.08 announcedShareholders will receive a dividend of HK$0.08. Ex-date: 25th November 2024 Payment date: 6th December 2024 Dividend yield will be 23%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 5.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Nov 14New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 34% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (34% accrual ratio). Minor Risk Dividend is not well covered by cash flows (119% cash payout ratio).
お知らせ • Oct 31Valuetronics Holdings Limited to Report First Half, 2025 Results on Nov 13, 2024Valuetronics Holdings Limited announced that they will report first half, 2025 results on Nov 13, 2024
お知らせ • Aug 19Valuetronics Holdings Limited Announces Executive ChangesThe Board of Directors of Valuetronics Holdings Limited announced that the Company: has accepted the resignations of Ms Hazel Chia Luang Chew and Ms Shirley Lim Keng San as Joint Company Secretaries with effect from 19 August 2024; and has appointed Cheng Lisa and Yoo Loo Ping as Joint Company Secretaries of Company with effect from 19 August 2024. The Board of Directors take this opportunity to thank Ms Chia and Ms Lim for their past services to the Company.
お知らせ • Aug 16+ 1 more updateValuetronics Holdings Limited Approves Special Dividend for the Financial Year Ended 31 March 2024, Payable on 23 August 2024Valuetronics Holdings Limited announced at the AGM held on July 22, 2024, approved special dividend of HK8 cents per share, tax not applicable, for the financial year ended 31 March 2024. If approved, the dividends would be paid on 23 August 2024.
Upcoming Dividend • Aug 01Upcoming dividend of HK$0.17 per shareEligible shareholders must have bought the stock before 08 August 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%).
Reported Earnings • Jul 05Full year 2024 earnings released: EPS: HK$0.39 (vs HK$0.29 in FY 2023)Full year 2024 results: EPS: HK$0.39 (up from HK$0.29 in FY 2023). Revenue: HK$1.67b (down 17% from FY 2023). Net income: HK$159.6m (up 30% from FY 2023). Profit margin: 9.6% (up from 6.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Jul 04Valuetronics Holdings Limited, Annual General Meeting, Jul 22, 2024Valuetronics Holdings Limited, Annual General Meeting, Jul 22, 2024, at 10:00 Singapore Standard Time. Location: level 3, venus room ii & iii, furama riverfront, singapore, 405 havelock road, singapore 169633, Singapore
Declared Dividend • May 31Final dividend of HK$0.17 announcedShareholders will receive a dividend of HK$0.17. Ex-date: 8th August 2024 Payment date: 23rd August 2024 Dividend yield will be 43%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 30Full year 2024 earnings released: EPS: HK$0.39 (vs HK$0.29 in FY 2023)Full year 2024 results: EPS: HK$0.39 (up from HK$0.29 in FY 2023). Revenue: HK$1.67b (down 17% from FY 2023). Net income: HK$159.6m (up 30% from FY 2023). Profit margin: 9.6% (up from 6.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year.
New Risk • May 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • May 17Valuetronics Holdings Limited to Report Fiscal Year 2024 Results on May 29, 2024Valuetronics Holdings Limited announced that they will report fiscal year 2024 results Pre-Market on May 29, 2024
Upcoming Dividend • Nov 15Upcoming dividend of HK$0.08 per share at 4.4% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.6%).
Reported Earnings • Nov 14First half 2024 earnings released: EPS: HK$0.20 (vs HK$0.14 in 1H 2023)First half 2024 results: EPS: HK$0.20 (up from HK$0.14 in 1H 2023). Revenue: HK$891.3m (down 15% from 1H 2023). Net income: HK$82.1m (up 42% from 1H 2023). Profit margin: 9.2% (up from 5.5% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Oct 26Valuetronics Holdings Limited to Report Q2, 2024 Results on Nov 09, 2023Valuetronics Holdings Limited announced that they will report Q2, 2024 results Pre-Market on Nov 09, 2023
Buying Opportunity • Aug 08Now 23% undervaluedOver the last 90 days, the stock is up 2.4%. The fair value is estimated to be €0.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 17%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings is also forecast to grow by 8.7% per annum over the same time period.
Upcoming Dividend • Aug 01Upcoming dividend of HK$0.16 per share at 4.4% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 22 August 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.3%).
お知らせ • Jul 23+ 1 more updateValuetronics Holdings Limited Announces Cessation of Tan Siok Chin as Independent Director, Lead Independent Director, Chairman of the Rc, Member of the Ac and Member of the NcValuetronics Holdings Limited announced cessation of Tan Siok Chin as Independent Director, Lead Independent Director, Chairman of the RC, member of the AC and member of the NC.
Reported Earnings • Jul 01Full year 2023 earnings released: EPS: HK$0.29 (vs HK$0.26 in FY 2022)Full year 2023 results: EPS: HK$0.29 (up from HK$0.26 in FY 2022). Revenue: HK$2.01b (flat on FY 2022). Net income: HK$123.0m (up 8.3% from FY 2022). Profit margin: 6.1% (up from 5.6% in FY 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Jun 30Valuetronics Holdings Limited, Annual General Meeting, Jul 17, 2023Valuetronics Holdings Limited, Annual General Meeting, Jul 17, 2023, at 10:00 Singapore Standard Time. Location: Level 3, Venus Room I & II, Furama RiverFron 405 Havelock Road, Singapore Singapore Agenda: To receive and adopt the Report of the Directors and the Audited Financial Statements of the Company for the financial year ended 31 March 2023 together with the Auditors' Report thereon; to declare final dividend for the financial year ended 31 March 2023; to re-elect the Directors; to approve the payment of Directors' fees for the financial year ending 31 March 2024, to be paid quarterly in arrears at the end of each calendar quarter; to re-appoint PricewaterhouseCoopers LLP, as the Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company and to authorize the Directors to fix their remuneration; to consider authority to issue shares; to consider authority to allot and issue shares under the Valuetronics Employees Share Option Scheme and the Valuetronics Performance Share Plan; and to transact any other ordinary business which may be transacted at an Annual General Meeting.
Buying Opportunity • Jun 02Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €0.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 4.9% in the next 2 years.
Reported Earnings • May 30Full year 2023 earnings released: EPS: HK$0.29 (vs HK$0.26 in FY 2022)Full year 2023 results: EPS: HK$0.29 (up from HK$0.26 in FY 2022). Revenue: HK$2.01b (flat on FY 2022). Net income: HK$123.0m (up 8.3% from FY 2022). Profit margin: 6.1% (up from 5.6% in FY 2022). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • May 30+ 1 more updateValuetronics Holdings Limited Proposes Special Dividend for the Year Ended 31 March 2023, Payable on 22 August 2023Valuetronics Holdings Limited proposed special dividend for the year ended 31 March 2023 of HKD 0.06 per share. Ex-date is 8 August 2023. Members whose Securities Accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 p.m. on 10 August 2023 will be entitled to the proposed special dividend. Payment of the proposed special dividend, if approved by shareholders at the Annual General Meeting to be held in July 2023, will be made on 22 August 2023.
お知らせ • May 17Valuetronics Holdings Limited to Report Fiscal Year 2023 Results on May 30, 2023Valuetronics Holdings Limited announced that they will report fiscal year 2023 results at 9:00 AM, Singapore Standard Time on May 30, 2023
お知らせ • Nov 22Valuetronics Holdings Limited Announces Changes to the Board of Directors and Composition of Board CommitteesThe Board of Directors of Valuetronics Holdings Limited announced the following changes to the Board and Board Committees, with effect from 21 November 2022, as part of the Board renewal process: The resignation of Mr. Ong Tiew Siam as an Independent Director of the Company. Accordingly, Mr. Ong has ceased as the Lead Independent Director, the Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee. The appointment of Ms. Tan Siok Chin (an existing Independent Director) as the Lead Independent Director, in place of Mr. Ong Tiew Siam. The appointment of Mr. Liu Chung Mun Wilson (an existing Independent Director who is a member of the Audit Committee) as the Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee, in place of Mr. Ong Tiew Siam. Accordingly, the Board, Audit Committee, Nominating Committee and Remuneration Committee shall comprise: Board- Tse Chong Hing (Chairman and Managing Director)- Chow Kok Kit (Executive Director)- Tan Siok Chin (Lead Independent Director)- Liu Chung Mun Wilson (Independent Director)- Loo Cheng Guan (Independent Director). Audit Committee - Liu Chung Mun Wilson (Chairman) - Loo Cheng Guan - Tan Siok Chin. Nominating Committee - Loo Cheng Guan (Chairman) - Liu Chung Mun Wilson - Tan Siok Chin. Remuneration Committee - Tan Siok Chin (Chairman) - Liu Chung Mun Wilson - Loo Cheng Guan.
Upcoming Dividend • Nov 16Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 23 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).
Reported Earnings • Nov 13First half 2023 earnings released: EPS: HK$0.14 (vs HK$0.13 in 1H 2022)First half 2023 results: EPS: HK$0.14 (up from HK$0.13 in 1H 2022). Revenue: HK$1.05b (up 3.6% from 1H 2022). Net income: HK$57.9m (up 2.2% from 1H 2022). Profit margin: 5.5% (down from 5.6% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 12Valuetronics Holdings Limited Announces Interim Dividend, Payable on 2 December 2022Valuetronics Holdings Limited announced interim dividend of HK 4 cents per share as same as a year ago. The interim dividend will be paid on 2 December 2022. NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed on 25 November 2022 for the preparation of dividend warrants. Members whose Securities Accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 p.m. on 24 November 2022 will be entitled to the interim dividend.
Buying Opportunity • Nov 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €0.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings is also forecast to grow by 7.2% per annum over the same time period.
Upcoming Dividend • Aug 03Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 10 August 2022. Payment date: 23 August 2022. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.0%).
お知らせ • Aug 01Valuetronics Holdings Limited Appoints Liu Chung Mun Wilson as Independent Director and Member of Audit Committee, Effective August 1, 2022The Board of Directors of Valuetronics Holdings Limited announced the appointment of Mr. Liu Chung Mun Wilson as an Independent Director and a member of the Audit Committee of the Company with effect from 1 August 2022. Work Experience:1 July 1997 to 30 June 2020: Partner, PricewaterhouseCoopers Hong Kong. Professional Qualifications: Member of the Institute of Chartered Accountants in Australia, and fellow member of CPA Australia and the Hong Kong Institute of Certified Public Accountants. Accordingly, the Board and Audit Committee shall comprise: Board - Tse Chong Hing (Chairman and Managing Director), Chow Kok Kit (Executive Director), Ong Tiew Siam (Lead Independent Director), Loo Cheng Guan (Independent Director), Tan Siok Chin (Independent Director), and Liu Chung Mun Wilson (Independent Director). Audit Committee - Ong Tiew Siam (Chairman), Loo Cheng Guan, Tan Siok Chin, and Liu Chung Mun Wilson. The Board of Directors of Valuetronics Holdings Limited announced the appointment of Mr. Liu Chung Mun Wilson as an Independent Director and a member of the Audit Committee of the Company with effect from 1 August 2022. Work Experience:1 July 1997 to 30 June 2020: Partner, PricewaterhouseCoopers Hong Kong. Professional Qualifications: Member of the Institute of Chartered Accountants in Australia, and fellow member of CPA Australia and the Hong Kong Institute of Certified Public Accountants. Accordingly, the Board and Audit Committee shall comprise: Board - Tse Chong Hing (Chairman and Managing Director), Chow Kok Kit (Executive Director), Ong Tiew Siam (Lead Independent Director), Loo Cheng Guan (Independent Director), Tan Siok Chin (Independent Director), and Liu Chung Mun Wilson (Independent Director). Audit Committee - Ong Tiew Siam (Chairman), Loo Cheng Guan, Tan Siok Chin, and Liu Chung Mun Wilson.
Reported Earnings • Jul 06Full year 2022 earnings released: EPS: HK$0.26 (vs HK$0.43 in FY 2021)Full year 2022 results: EPS: HK$0.26 (down from HK$0.43 in FY 2021). Revenue: HK$2.03b (down 11% from FY 2021). Net income: HK$113.5m (down 39% from FY 2021). Profit margin: 5.6% (down from 8.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 8.5%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 05Valuetronics Holdings Limited, Annual General Meeting, Jul 29, 2022Valuetronics Holdings Limited, Annual General Meeting, Jul 29, 2022, at 10:00 Singapore Standard Time. Agenda: To receive and adopt the Report of the Directors and the Audited Financial Statements of the Company for the financial year ended 31 March 2022 together with the Auditors' Report thereon; to declare final dividend of 10.0 HK cents per share (tax not applicable) for the financial year ended 31 March 2022; to re-elect the following Directors retiring pursuant to Bye-Law 104 of the Company's Bye-Laws: Mr Loo Cheng Guan, Ms Tan Siok Chin and Mr Tse Chong Hing; to approve the payment of additional Directors' fees of SGD 7,500 for the financial year ended 31 March 2022; to approve the payment of Directors' fees of up to SGD 350,000 for the financial year ending 31 March 2023, to be paid quarterly in arrears at the end of each calendar quarter (2022: SGD 250,000); and to consider other matters.
Reported Earnings • May 28Full year 2022 earnings released: EPS: HK$0.26 (vs HK$0.43 in FY 2021)Full year 2022 results: EPS: HK$0.26 (down from HK$0.43 in FY 2021). Revenue: HK$2.03b (down 11% from FY 2021). Net income: HK$113.5m (down 39% from FY 2021). Profit margin: 5.6% (down from 8.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 12%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • May 28Valuetronics Holdings Limited Recommends Final Dividend for Fiscal Year 2022, Payable on August 23, 2022The Board of the Valuetronics Holdings Limited recommended a Final Dividend of HK 10 cents per share for fiscal year 2022 (fiscal year 2021: HK 16 cents per share). The final dividend will be paid on August 23, 2022. Members whose Securities Accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 p.m. on August 11, 2022 will be entitled to the final dividend.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Cheng Guan Loo was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Nov 15Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 22 November 2021. Payment date: 03 December 2021. Trailing yield: 6.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.6%).
Reported Earnings • Nov 13First half 2022 earnings released: EPS HK$0.13 (vs HK$0.21 in 1H 2021)The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2022 results: Revenue: HK$1.01b (down 7.3% from 1H 2021). Net income: HK$56.6m (down 38% from 1H 2021). Profit margin: 5.6% (down from 8.4% in 1H 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Jul 16Valuetronics Holdings to Be Deleted from Other OTCValuetronics Holdings Ltd. Ordinary shares will be deleted from Other OTC effective July 16, 2021. The deletion is due to Inactive Security.
Reported Earnings • Jul 04Full year 2021 earnings released: EPS HK$0.43 (vs HK$0.41 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$2.28b (down 3.1% from FY 2020). Net income: HK$187.1m (up 4.6% from FY 2020). Profit margin: 8.2% (up from 7.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jun 03Full year 2021 earnings released: EPS HK$0.43 (vs HK$0.41 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$2.28b (down 3.1% from FY 2020). Net income: HK$187.1m (up 4.6% from FY 2020). Profit margin: 8.2% (up from 7.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.
お知らせ • May 29Valuetronics Holdings Limited Proposes Final Cash Dividend for the Year Ended March 31, 2021Valuetronics Holdings Limited proposed final cash dividend of 16 HK cents per share for the year ended March 31, 2021.
お知らせ • Mar 04Valuetronics Holdings Limited Announces Consolidation of China OperationsThe Board of Directors of Valuetronics Holdings Limited announced that the Group has completed the consolidation of its manufacturing operations in the People's Republic of China ("PRC") into a single location (the "Consolidation") at the Group's design and manufacturing campus at Western District of Science and Technology Park, Dayawan Economy and Technology Development District, Huizhou City, Guangdong Province, PRC ("China Campus"). Following the completion of the Consolidation, the Group has vacated from its factory at Danshui Town, Huiyang District, Huizhou City, Guangdong Province, PRC ("Danshui Facility") before the Chinese New Year earlier in February. The lease for the Danshui Facility expires on 31 March 2021. As the Group is expanding its manufacturing facilities in Vietnam with the construction of its own manufacturing campus at Thang Long Industrial Park (Vinh Phuc), Thien Ke Commune, Binh Xuyen District, Vinh Phuc Province, Vietnam ("Vietnam Campus"), the Consolidation is a positive step toward streamlining the Group's global manufacturing footprint to drive long term performance.
Is New 90 Day High Low • Jan 13New 90-day high: €0.39The company is up 10.0% from its price of €0.36 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.19 per share.
Reported Earnings • Nov 13First half 2021 earnings released: EPS HK$0.21The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: HK$1.09b (down 20% from 1H 2020). Net income: HK$91.5m (down 12% from 1H 2020). Profit margin: 8.4% (up from 7.6% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Nov 10New 90-day high: €0.36The company is up 5.0% from its price of €0.35 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.21 per share.
お知らせ • Oct 30Valuetronics Holdings Limited to Report First Half, 2021 Results on Nov 11, 2020Valuetronics Holdings Limited announced that they will report first half, 2021 results on Nov 11, 2020
お知らせ • Aug 09Valuetronics Holdings Limited Provides Earnings Guidance for the Fiscal 2021Valuetronics Holdings Limited provided earnings guidance for the fiscal 2021. With COVID-19 pandemic and the Sino-US trade tensions, the outlook for the fiscal 2021 is highly uncertain. This is the toughest business environment that have faced in operating history and while try to mitigate its impact, 2021 financial results are expected to be significantly lower compared with 2020.