Vtech Holdings 過去の業績
過去 基準チェック /26
Vtech Holdingsの収益は年間平均-7.2%の割合で減少していますが、 Communications業界の収益は年間 増加しています。収益は年間13.1% 3.5%割合で 減少しています。 Vtech Holdingsの自己資本利益率は20.7%であり、純利益率は6.6%です。
主要情報
-7.20%
収益成長率
-7.29%
EPS成長率
| Communications 業界の成長 | -3.57% |
| 収益成長率 | -3.46% |
| 株主資本利益率 | 20.72% |
| ネット・マージン | 6.61% |
| 前回の決算情報 | 31 Mar 2026 |
最近の業績更新
Recent updates
分析記事 • May 24
Vtech Holdings Limited Just Missed Earnings - But Analysts Have Updated Their Models
There's been a notable change in appetite for Vtech Holdings Limited ( HKG:303 ) shares in the week since its full-year...
ナラティブの更新 • May 22
303: Future Upside Will Rely On Steady Margins And P/E Support
Analysts have maintained their HK$73.21 fair value estimate for Vtech Holdings, with a slightly higher discount rate and future P/E assumption shaping an updated narrative rather than signaling a clear change in the price target itself. What's in the News Board meeting scheduled for May 21, 2026, to review and approve publication of final results for the year ended March 31, 2026 (Key Developments) Directors set to consider a final dividend for shareholders as part of the May 21, 2026, board meeting agenda (Key Developments) Valuation Changes Fair Value: The fair value estimate remains at HK$73.21, with no adjustment to the headline valuation figure.ナラティブの更新 • Apr 24
303: Future Upside Will Rely On Steady Margins And P E Support
Analysts kept their fair value estimate for Vtech Holdings steady at about HK$73.21 per share, explaining that only minor adjustments to the discount rate and long term P/E assumption did not justify a change in the overall price target. Valuation Changes Fair Value: HK$73.21 remains unchanged, with no revision to the estimated fair value per share.ナラティブの更新 • Apr 10
303: Future Upside Will Rely On Stable Margins And Cash Returns
Analysts have adjusted their HK$73.21 price target for Vtech Holdings only marginally, reflecting small tweaks to assumptions around the discount rate, profit margin and future P/E rather than any broad change in view on the company. Valuation Changes Fair Value: HK$73.21 is unchanged, indicating no revision to the central valuation output.ナラティブの更新 • Mar 27
303: Future Upside Will Rely On Stable Margins And Cash Returns
Analysts have slightly reduced their fair value estimate for Vtech Holdings to HK$73.21 from HK$73.44, reflecting marginal adjustments to assumptions for the discount rate, long-term revenue growth, profit margin and future P/E, rather than any major change in outlook. Valuation Changes Fair Value: HK$73.44 to HK$73.21, a very small reduction that keeps the estimate broadly in the same range.ナラティブの更新 • Mar 12
303: Higher Implied Upside Will Rely On Steady Margins And Cash Returns
Analysts now see Vtech Holdings' fair value at approximately HK$73.44 per share, up from about HK$70.19. This reflects updated assumptions on discount rates and future P/E multiples, while revenue growth and profit margin expectations remain broadly in line with prior estimates.ナラティブの更新 • Feb 25
303: Stable Outlook Will Rely On Steady Margins And Consistent Cash Returns
Analysts have kept their fair value estimate for Vtech Holdings broadly aligned with prior levels. This has led to a stable HK$ price target, as only minor tweaks were made to inputs such as the discount rate and assumed future P/E multiple.ナラティブの更新 • Feb 09
303: Second Half Recovery Will Support Stable Margins And Undervalued Outlook
Analysts have made only a minor adjustment to their price target for Vtech Holdings, reflecting small updates to inputs such as the discount rate and assumed future P/E while keeping fair value essentially unchanged. What's in the News Vtech Holdings issued earnings guidance for the second half of the 2026 financial year, indicating that sales are anticipated to improve compared with the first half, supported by higher sales of electronic learning products and telecommunications (TEL) products (Key Developments).分析記事 • Feb 05
Returns On Capital At Vtech Holdings (HKG:303) Have Stalled
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...ナラティブの更新 • Jan 23
303: Second Half Sales Recovery Will Support Stronger Profit Outlook
Analysts have kept their fair value estimate for VTech Holdings broadly unchanged at about HK$70.19 per share, with only slight tweaks to inputs such as the discount rate and assumed future P/E. This reflects a view that the stock's risk profile and long term earnings outlook remain broadly consistent with prior expectations.分析記事 • Jan 16
What Vtech Holdings Limited's (HKG:303) P/E Is Not Telling You
It's not a stretch to say that Vtech Holdings Limited's ( HKG:303 ) price-to-earnings (or "P/E") ratio of 14.1x right...ナラティブの更新 • Jan 09
303: Second Half Sales Recovery Will Support Stronger Profit Outlook
Analysts have trimmed their price target on Vtech Holdings to US$70.19, reflecting slightly higher discount rate assumptions and a more cautious revenue growth outlook, partially offset by a modestly stronger profit margin and essentially unchanged forward P/E expectations. What's in the News Vtech expects second half 2026 sales to improve compared with the first half, supported by higher sales of electronic learning products and telecom products (corporate guidance).ナラティブの更新 • Dec 15
303: Second Half Demand Recovery Will Support Renewed Confidence
Narrative Update Analysts have nudged their price target on VTech Holdings slightly higher to approximately $70.19 per share, citing a modestly increased discount rate and a slightly richer assumed future price to earnings multiple, while leaving growth and margin expectations effectively unchanged. What's in the News Issued earnings guidance indicating second half of financial year 2026 sales are expected to improve versus the first half, supported by stronger demand for electronic learning products and telecommunications products (company guidance).ナラティブの更新 • Nov 28
303: Improved Earnings Guidance Will Spark Renewed Confidence In Second Half
Analysts have slightly increased their price target for Vtech Holdings from $69.88 to $70.19. They cite revised models that reflect lower revenue growth expectations and a marginal uptick in discount rates, balanced by improved future valuation multiples.ナラティブの更新 • Nov 14
303: Strong Second Half Performance Will Drive Improved Revenue Outlook
Analysts have raised their price target for Vtech Holdings from $65.77 to $69.88, citing improved revenue growth and slightly higher expected profit margins as key drivers for their updated outlook. What's in the News Vtech Holdings issued new earnings guidance for the second half and full year 2026.分析記事 • Nov 12
Is Vtech Holdings Limited (HKG:303) Trading At A 29% Discount?
Key Insights Vtech Holdings' estimated fair value is HK$92.36 based on 2 Stage Free Cash Flow to Equity Current share...分析記事 • Sep 08
Some Confidence Is Lacking In Vtech Holdings Limited's (HKG:303) P/E
It's not a stretch to say that Vtech Holdings Limited's ( HKG:303 ) price-to-earnings (or "P/E") ratio of 12.5x right...新しいナラティブ • Jun 29
Global Manufacturing Shifts And Green Tech Will Build Resilience
Global expansion and manufacturing shifts are set to reduce trade risks and optimize margins, while supporting supply chain resilience and capacity utilization.分析記事 • May 22
There May Be Some Bright Spots In Vtech Holdings' (HKG:303) Earnings
The most recent earnings report from Vtech Holdings Limited ( HKG:303 ) was disappointing for shareholders. However...分析記事 • Apr 24
The Returns On Capital At Vtech Holdings (HKG:303) Don't Inspire Confidence
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...分析記事 • Mar 05
Vtech Holdings Limited's (HKG:303) Shareholders Might Be Looking For Exit
There wouldn't be many who think Vtech Holdings Limited's ( HKG:303 ) price-to-earnings (or "P/E") ratio of 11.3x is...分析記事 • Oct 11
Vtech Holdings (HKG:303) Is Aiming To Keep Up Its Impressive Returns
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...分析記事 • Jul 16
Estimating The Fair Value Of Vtech Holdings Limited (HKG:303)
Key Insights The projected fair value for Vtech Holdings is HK$71.08 based on Dividend Discount Model Vtech Holdings...分析記事 • Jun 28
We Like Vtech Holdings' (HKG:303) Earnings For More Than Just Statutory Profit
The market seemed underwhelmed by last week's earnings announcement from Vtech Holdings Limited ( HKG:303 ) despite the...分析記事 • May 22
Why You Should Care About Vtech Holdings' (HKG:303) Strong Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...分析記事 • Apr 26
Investor Optimism Abounds Vtech Holdings Limited (HKG:303) But Growth Is Lacking
With a median price-to-earnings (or "P/E") ratio of close to 9x in Hong Kong, you could be forgiven for feeling...分析記事 • Feb 05
Be Wary Of Vtech Holdings (HKG:303) And Its Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...分析記事 • Nov 01
Be Wary Of Vtech Holdings (HKG:303) And Its Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...分析記事 • May 15
Returns On Capital Signal Tricky Times Ahead For Vtech Holdings (HKG:303)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Mar 01
Does Vtech Holdings (HKG:303) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Feb 12
Vtech Holdings (HKG:303) May Have Issues Allocating Its Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...分析記事 • Nov 08
Vtech Holdings (HKG:303) Will Want To Turn Around Its Return Trends
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...分析記事 • Aug 01
Vtech Holdings (HKG:303) Might Be Having Difficulty Using Its Capital Effectively
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • May 23
A Look At The Intrinsic Value Of Vtech Holdings Limited (HKG:303)
Today we will run through one way of estimating the intrinsic value of Vtech Holdings Limited ( HKG:303 ) by projecting...分析記事 • Mar 28
Investors Could Be Concerned With Vtech Holdings' (HKG:303) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...収支内訳
収支内訳
Vtech Holdings の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。
収益と収入の歴史
| 日付 | 収益 | 収益 | G+A経費 | 研究開発費 |
|---|---|---|---|---|
| 31 Mar 26 | 2,028 | 134 | 408 | 83 |
| 31 Dec 25 | 2,053 | 139 | 402 | 85 |
| 30 Sep 25 | 2,079 | 144 | 397 | 87 |
| 30 Jun 25 | 2,128 | 150 | 403 | 90 |
| 31 Mar 25 | 2,177 | 157 | 409 | 92 |
| 31 Dec 24 | 2,136 | 159 | 393 | 89 |
| 30 Sep 24 | 2,095 | 160 | 378 | 86 |
| 30 Jun 24 | 2,120 | 164 | 367 | 84 |
| 31 Mar 24 | 2,146 | 167 | 356 | 82 |
| 31 Dec 23 | 2,182 | 164 | 356 | 82 |
| 30 Sep 23 | 2,218 | 161 | 355 | 83 |
| 30 Jun 23 | 2,230 | 155 | 363 | 83 |
| 31 Mar 23 | 2,242 | 149 | 372 | 83 |
| 31 Dec 22 | 2,331 | 164 | 385 | 84 |
| 30 Sep 22 | 2,421 | 178 | 398 | 84 |
| 30 Jun 22 | 2,396 | 175 | 389 | 84 |
| 31 Mar 22 | 2,371 | 173 | 381 | 84 |
| 31 Dec 21 | 2,367 | 178 | 378 | 86 |
| 30 Sep 21 | 2,364 | 184 | 375 | 87 |
| 30 Jun 21 | 2,368 | 208 | 376 | 87 |
| 31 Mar 21 | 2,372 | 231 | 378 | 86 |
| 31 Dec 20 | 2,269 | 214 | 372 | 85 |
| 30 Sep 20 | 2,165 | 196 | 366 | 83 |
| 30 Jun 20 | 2,165 | 194 | 367 | 82 |
| 31 Mar 20 | 2,166 | 191 | 368 | 82 |
| 31 Dec 19 | 2,224 | 195 | 377 | 81 |
| 30 Sep 19 | 2,283 | 199 | 386 | 80 |
| 30 Jun 19 | 2,222 | 185 | 379 | 78 |
| 31 Mar 19 | 2,162 | 171 | 372 | 77 |
| 31 Dec 18 | 2,128 | 182 | 376 | 77 |
| 30 Sep 18 | 2,094 | 193 | 380 | 77 |
| 30 Jun 18 | 2,112 | 200 | 389 | 77 |
| 31 Mar 18 | 2,130 | 206 | 397 | 78 |
| 31 Dec 17 | 2,133 | 209 | 397 | 78 |
| 30 Sep 17 | 2,136 | 211 | 397 | 78 |
| 30 Jun 17 | 2,108 | 195 | 404 | 78 |
| 31 Mar 17 | 2,079 | 179 | 412 | 77 |
| 31 Dec 16 | 1,995 | 166 | 392 | 72 |
| 30 Sep 16 | 1,911 | 153 | 373 | 66 |
| 30 Jun 16 | 1,884 | 167 | 348 | 61 |
| 31 Mar 16 | 1,857 | 181 | 323 | 56 |
| 31 Dec 15 | 1,882 | 188 | 328 | 56 |
| 30 Sep 15 | 1,907 | 196 | 332 | 56 |
| 30 Jun 15 | 1,893 | 197 | 333 | 56 |
質の高い収益: 303は 高品質の収益 を持っています。
利益率の向上: 303の現在の純利益率 (6.6%)は、昨年(7.2%)よりも低くなっています。
フリー・キャッシュフローと収益の比較
過去の収益成長分析
収益動向: 303の収益は過去 5 年間で年間7.2%減少しました。
成長の加速: 303は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。
収益対業界: 303は過去 1 年間で収益成長率がマイナス ( -14.5% ) となったため、 Communications業界平均 ( 19.5% ) と比較することが困難です。
株主資本利益率
高いROE: 303の 自己資本利益率 ( 20.7% ) は 高い とみなされます。
総資産利益率
使用総資本利益率
過去の好業績企業の発掘
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 | 2026/05/26 14:55 |
| 終値 | 2026/05/26 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 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
|
|
| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
|
* 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
本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。
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
Vtech Holdings Limited 3 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。15
| アナリスト | 機関 |
|---|---|
| Jones Ku | Barclays |
| Xin Li | Citic Securities Co., Ltd. |
| Tak Hung Lau | Citigroup Inc |