View Future GrowthVETECE Holdings Berhad 過去の業績過去 基準チェック /36VETECE Holdings Berhadの収益は年間平均-2%の割合で減少していますが、 IT業界の収益は年間 増加しています。収益は年間13.7% 15.5%割合で 増加しています。 VETECE Holdings Berhadの自己資本利益率は10.3%であり、純利益率は12.5%です。主要情報-2.02%収益成長率-70.38%EPS成長率IT 業界の成長25.78%収益成長率15.50%株主資本利益率10.31%ネット・マージン12.47%前回の決算情報31 May 2026最近の業績更新分析記事 • Aug 07We Think That There Are Some Issues For VETECE Holdings Berhad (KLSE:VTC) Beyond Its Promising EarningsVETECE Holdings Berhad's ( KLSE:VTC ) healthy profit numbers didn't contain any surprises for investors. We believe...Reported Earnings • Aug 01Third quarter 2026 earnings released: EPS: RM0.005 (vs RM0.002 in 3Q 2025)Third quarter 2026 results: EPS: RM0.005 (up from RM0.002 in 3Q 2025). Revenue: RM16.6m (up 174% from 3Q 2025). Net income: RM2.04m (up 136% from 3Q 2025). Profit margin: 12% (down from 14% in 3Q 2025). The decrease in margin was driven by higher expenses.Reported Earnings • May 05Second quarter 2026 earnings released: EPS: RM0.003 (vs RM0.002 in 2Q 2025)Second quarter 2026 results: EPS: RM0.003 (up from RM0.002 in 2Q 2025). Revenue: RM11.0m (up 81% from 2Q 2025). Net income: RM1.04m (up 20% from 2Q 2025). Profit margin: 9.4% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses.Reported Earnings • Jan 31First quarter 2026 earnings released: EPS: RM0.003 (vs RM0.005 loss in 1Q 2025)First quarter 2026 results: EPS: RM0.003 (up from RM0.005 loss in 1Q 2025). Revenue: RM5.05m (up 26% from 1Q 2025). Net income: RM1.13m (up RM3.28m from 1Q 2025). Profit margin: 22% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses.分析記事 • Nov 05VETECE Holdings Berhad's (KLSE:VTC) Solid Earnings Are Supported By Other Strong FactorsThe subdued stock price reaction suggests that VETECE Holdings Berhad's ( KLSE:VTC ) strong earnings didn't offer any...Reported Earnings • Oct 31Full year 2025 earnings released: EPS: RM0.011 (vs RM0.018 in FY 2024)Full year 2025 results: EPS: RM0.011. Revenue: RM46.3m (up 138% from FY 2024). Net income: RM4.22m (up 301% from FY 2024). Profit margin: 9.1% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue.すべての更新を表示Recent updatesお知らせ • 23hVETECE Holdings Berhad (KLSE:VTC) entered into a share sale agreement to acquire AI Tech Cloud Sdn Bhd from Khoo Han Wei for MYR 1.VETECE Holdings Berhad (KLSE:VTC) entered into a share sale agreement to acquire AI Tech Cloud Sdn Bhd from Khoo Han Wei for MYR 1 on August 6, 2026. A cash consideration of MYR 1 will be paid by VETECE Holdings Berhad. As part of consideration, MYR 1 is paid towards common equity of AI Tech Cloud Sdn Bhd. Following the completion of the Proposed Acquisition, VETECE intends to subscribe for new ordinary shares in AI Tech to increase its issued share capital up to MYR 2 million. The subscription amount will be carried out progressively upon completion of the Proposed Acquisition. The Purchase Consideration will be satisfied entirely in cash through internally generated funds. Barring any unforeseen circumstances and subject to all relevant approvals being obtained, the proposed acquisition is expected to be completed within thirty working days from the date of the signed share sale agreement.分析記事 • Aug 07We Think That There Are Some Issues For VETECE Holdings Berhad (KLSE:VTC) Beyond Its Promising EarningsVETECE Holdings Berhad's ( KLSE:VTC ) healthy profit numbers didn't contain any surprises for investors. We believe...New Risk • Aug 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 31% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 2.0% per year over the past 5 years. High level of non-cash earnings (31% accrual ratio). Minor Risk Market cap is less than US$100m (RM92.1m market cap, or US$22.5m).Reported Earnings • Aug 01Third quarter 2026 earnings released: EPS: RM0.005 (vs RM0.002 in 3Q 2025)Third quarter 2026 results: EPS: RM0.005 (up from RM0.002 in 3Q 2025). Revenue: RM16.6m (up 174% from 3Q 2025). Net income: RM2.04m (up 136% from 3Q 2025). Profit margin: 12% (down from 14% in 3Q 2025). The decrease in margin was driven by higher expenses.New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 266% Earnings have declined by 5.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (RM94.1m market cap, or US$23.2m).Reported Earnings • May 05Second quarter 2026 earnings released: EPS: RM0.003 (vs RM0.002 in 2Q 2025)Second quarter 2026 results: EPS: RM0.003 (up from RM0.002 in 2Q 2025). Revenue: RM11.0m (up 81% from 2Q 2025). Net income: RM1.04m (up 20% from 2Q 2025). Profit margin: 9.4% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses.Reported Earnings • Jan 31First quarter 2026 earnings released: EPS: RM0.003 (vs RM0.005 loss in 1Q 2025)First quarter 2026 results: EPS: RM0.003 (up from RM0.005 loss in 1Q 2025). Revenue: RM5.05m (up 26% from 1Q 2025). Net income: RM1.13m (up RM3.28m from 1Q 2025). Profit margin: 22% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses.分析記事 • Jan 07VETECE Holdings Berhad (KLSE:VTC) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Dec 22VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026, at 10:00 Singapore Standard Time. Location: kuala lumpur golf & country club (klgcc), 10, jalan 1/70d, off jalan bukit kiara, 60000 kuala lumpur, MalaysiaNew Risk • Dec 12New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 7.1% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (RM90.2m market cap, or US$22.0m).New Risk • Nov 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (RM101.9m market cap, or US$24.6m).分析記事 • Nov 05VETECE Holdings Berhad's (KLSE:VTC) Solid Earnings Are Supported By Other Strong FactorsThe subdued stock price reaction suggests that VETECE Holdings Berhad's ( KLSE:VTC ) strong earnings didn't offer any...Reported Earnings • Oct 31Full year 2025 earnings released: EPS: RM0.011 (vs RM0.018 in FY 2024)Full year 2025 results: EPS: RM0.011. Revenue: RM46.3m (up 138% from FY 2024). Net income: RM4.22m (up 301% from FY 2024). Profit margin: 9.1% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue.分析記事 • Aug 26VETECE Holdings Berhad (KLSE:VTC) Looks Just Right With A 30% Price JumpVETECE Holdings Berhad ( KLSE:VTC ) shareholders would be excited to see that the share price has had a great month...New Risk • Jul 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% 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 Risks Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (RM88.2m market cap, or US$20.7m).New Risk • Jul 12New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2024. 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: Major Risk Revenue has declined by 16% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported August 2024 fiscal period end). Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.6m). Market cap is less than US$100m (RM92.1m market cap, or US$21.7m).New Risk • Jun 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 16% over the past year. Minor Risks Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.6m). Market cap is less than US$100m (RM98.0m market cap, or US$23.1m).分析記事 • May 30Calculating The Fair Value Of VETECE Holdings Berhad (KLSE:VTC)Key Insights VETECE Holdings Berhad's estimated fair value is RM0.24 based on 2 Stage Free Cash Flow to Equity With...Buy Or Sell Opportunity • May 02Now 23% overvaluedOver the last 90 days, the stock has fallen 29% to RM0.30. The fair value is estimated to be RM0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%.Reported Earnings • Dec 29Full year 2024 earnings released: EPS: RM0.018 (vs RM3.24 in FY 2023)Full year 2024 results: EPS: RM0.018 (down from RM3.24 in FY 2023). Revenue: RM19.4m (down 16% from FY 2023). Net income: RM1.05m (down 84% from FY 2023). Profit margin: 5.4% (down from 28% in FY 2023). The decrease in margin was primarily driven by lower revenue.お知らせ • Dec 24VETECE Holdings Berhad, Annual General Meeting, Feb 19, 2025VETECE Holdings Berhad, Annual General Meeting, Feb 19, 2025, at 10:00 Singapore Standard Time. Location: zenith, level m1, the vertical connexion conference, & event centre, (ccec), no. 8, jalan kerinchi, bangsar south, 59200 kuala lumpur, MalaysiaBuy Or Sell Opportunity • Nov 06Now 32% overvaluedThe stock has been flat over the last 90 days, currently trading at RM0.47. The fair value is estimated to be RM0.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%.New Risk • Oct 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue has declined by 16% over the past year. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.0% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.5m). Market cap is less than US$100m (RM150.9m market cap, or US$34.8m).Reported Earnings • Oct 25Full year 2024 earnings released: EPS: RM0.003 (vs RM3.24 in FY 2023)Full year 2024 results: EPS: RM0.003 (down from RM3.24 in FY 2023). Revenue: RM19.4m (down 16% from FY 2023). Net income: RM1.16m (down 82% from FY 2023). Profit margin: 6.0% (down from 28% in FY 2023). The decrease in margin was primarily driven by lower revenue.New Risk • Sep 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 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: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported August 2023 fiscal period end). Market cap is less than US$100m (RM147.0m market cap, or US$35.6m).Board Change • Aug 29High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director Wai Chan is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.収支内訳VETECE Holdings Berhad 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KLSE:VTC 収益、費用、利益 ( )MYR Millions日付収益収益G+A経費研究開発費31 May 263753028 Feb 262632030 Nov 254643031 Aug 254642031 May 254625031 Aug 241915031 Aug 232371031 Aug 222141031 Aug 2120310質の高い収益: VTC 非現金収入 のレベルが高いです。利益率の向上: VTCの現在の純利益率 (12.5%)は、昨年(3.6%)よりも高くなっています。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: VTCの収益は過去 5 年間で年間2%減少しました。成長の加速: VTCの過去 1 年間の収益成長率 ( 177.3% ) は、5 年間の平均 ( 年間-2%を上回っています。収益対業界: VTCの過去 1 年間の収益成長率 ( 177.3% ) はIT業界16.5%を上回りました。株主資本利益率高いROE: VTCの 自己資本利益率 ( 10.3% ) は 低い 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7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2026/08/07 16:47終値2026/08/07 00:00収益2026/05/31年間収益2025/08/31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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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VETECE Holdings Berhad 0 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。0
分析記事 • Aug 07We Think That There Are Some Issues For VETECE Holdings Berhad (KLSE:VTC) Beyond Its Promising EarningsVETECE Holdings Berhad's ( KLSE:VTC ) healthy profit numbers didn't contain any surprises for investors. We believe...
Reported Earnings • Aug 01Third quarter 2026 earnings released: EPS: RM0.005 (vs RM0.002 in 3Q 2025)Third quarter 2026 results: EPS: RM0.005 (up from RM0.002 in 3Q 2025). Revenue: RM16.6m (up 174% from 3Q 2025). Net income: RM2.04m (up 136% from 3Q 2025). Profit margin: 12% (down from 14% in 3Q 2025). The decrease in margin was driven by higher expenses.
Reported Earnings • May 05Second quarter 2026 earnings released: EPS: RM0.003 (vs RM0.002 in 2Q 2025)Second quarter 2026 results: EPS: RM0.003 (up from RM0.002 in 2Q 2025). Revenue: RM11.0m (up 81% from 2Q 2025). Net income: RM1.04m (up 20% from 2Q 2025). Profit margin: 9.4% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses.
Reported Earnings • Jan 31First quarter 2026 earnings released: EPS: RM0.003 (vs RM0.005 loss in 1Q 2025)First quarter 2026 results: EPS: RM0.003 (up from RM0.005 loss in 1Q 2025). Revenue: RM5.05m (up 26% from 1Q 2025). Net income: RM1.13m (up RM3.28m from 1Q 2025). Profit margin: 22% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses.
分析記事 • Nov 05VETECE Holdings Berhad's (KLSE:VTC) Solid Earnings Are Supported By Other Strong FactorsThe subdued stock price reaction suggests that VETECE Holdings Berhad's ( KLSE:VTC ) strong earnings didn't offer any...
Reported Earnings • Oct 31Full year 2025 earnings released: EPS: RM0.011 (vs RM0.018 in FY 2024)Full year 2025 results: EPS: RM0.011. Revenue: RM46.3m (up 138% from FY 2024). Net income: RM4.22m (up 301% from FY 2024). Profit margin: 9.1% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue.
お知らせ • 23hVETECE Holdings Berhad (KLSE:VTC) entered into a share sale agreement to acquire AI Tech Cloud Sdn Bhd from Khoo Han Wei for MYR 1.VETECE Holdings Berhad (KLSE:VTC) entered into a share sale agreement to acquire AI Tech Cloud Sdn Bhd from Khoo Han Wei for MYR 1 on August 6, 2026. A cash consideration of MYR 1 will be paid by VETECE Holdings Berhad. As part of consideration, MYR 1 is paid towards common equity of AI Tech Cloud Sdn Bhd. Following the completion of the Proposed Acquisition, VETECE intends to subscribe for new ordinary shares in AI Tech to increase its issued share capital up to MYR 2 million. The subscription amount will be carried out progressively upon completion of the Proposed Acquisition. The Purchase Consideration will be satisfied entirely in cash through internally generated funds. Barring any unforeseen circumstances and subject to all relevant approvals being obtained, the proposed acquisition is expected to be completed within thirty working days from the date of the signed share sale agreement.
分析記事 • Aug 07We Think That There Are Some Issues For VETECE Holdings Berhad (KLSE:VTC) Beyond Its Promising EarningsVETECE Holdings Berhad's ( KLSE:VTC ) healthy profit numbers didn't contain any surprises for investors. We believe...
New Risk • Aug 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 31% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 2.0% per year over the past 5 years. High level of non-cash earnings (31% accrual ratio). Minor Risk Market cap is less than US$100m (RM92.1m market cap, or US$22.5m).
Reported Earnings • Aug 01Third quarter 2026 earnings released: EPS: RM0.005 (vs RM0.002 in 3Q 2025)Third quarter 2026 results: EPS: RM0.005 (up from RM0.002 in 3Q 2025). Revenue: RM16.6m (up 174% from 3Q 2025). Net income: RM2.04m (up 136% from 3Q 2025). Profit margin: 12% (down from 14% in 3Q 2025). The decrease in margin was driven by higher expenses.
New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 266% Earnings have declined by 5.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (RM94.1m market cap, or US$23.2m).
Reported Earnings • May 05Second quarter 2026 earnings released: EPS: RM0.003 (vs RM0.002 in 2Q 2025)Second quarter 2026 results: EPS: RM0.003 (up from RM0.002 in 2Q 2025). Revenue: RM11.0m (up 81% from 2Q 2025). Net income: RM1.04m (up 20% from 2Q 2025). Profit margin: 9.4% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses.
Reported Earnings • Jan 31First quarter 2026 earnings released: EPS: RM0.003 (vs RM0.005 loss in 1Q 2025)First quarter 2026 results: EPS: RM0.003 (up from RM0.005 loss in 1Q 2025). Revenue: RM5.05m (up 26% from 1Q 2025). Net income: RM1.13m (up RM3.28m from 1Q 2025). Profit margin: 22% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses.
分析記事 • Jan 07VETECE Holdings Berhad (KLSE:VTC) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Dec 22VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026, at 10:00 Singapore Standard Time. Location: kuala lumpur golf & country club (klgcc), 10, jalan 1/70d, off jalan bukit kiara, 60000 kuala lumpur, Malaysia
New Risk • Dec 12New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 7.1% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (RM90.2m market cap, or US$22.0m).
New Risk • Nov 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (RM101.9m market cap, or US$24.6m).
分析記事 • Nov 05VETECE Holdings Berhad's (KLSE:VTC) Solid Earnings Are Supported By Other Strong FactorsThe subdued stock price reaction suggests that VETECE Holdings Berhad's ( KLSE:VTC ) strong earnings didn't offer any...
Reported Earnings • Oct 31Full year 2025 earnings released: EPS: RM0.011 (vs RM0.018 in FY 2024)Full year 2025 results: EPS: RM0.011. Revenue: RM46.3m (up 138% from FY 2024). Net income: RM4.22m (up 301% from FY 2024). Profit margin: 9.1% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue.
分析記事 • Aug 26VETECE Holdings Berhad (KLSE:VTC) Looks Just Right With A 30% Price JumpVETECE Holdings Berhad ( KLSE:VTC ) shareholders would be excited to see that the share price has had a great month...
New Risk • Jul 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% 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 Risks Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (RM88.2m market cap, or US$20.7m).
New Risk • Jul 12New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2024. 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: Major Risk Revenue has declined by 16% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported August 2024 fiscal period end). Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.6m). Market cap is less than US$100m (RM92.1m market cap, or US$21.7m).
New Risk • Jun 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 16% over the past year. Minor Risks Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.6m). Market cap is less than US$100m (RM98.0m market cap, or US$23.1m).
分析記事 • May 30Calculating The Fair Value Of VETECE Holdings Berhad (KLSE:VTC)Key Insights VETECE Holdings Berhad's estimated fair value is RM0.24 based on 2 Stage Free Cash Flow to Equity With...
Buy Or Sell Opportunity • May 02Now 23% overvaluedOver the last 90 days, the stock has fallen 29% to RM0.30. The fair value is estimated to be RM0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%.
Reported Earnings • Dec 29Full year 2024 earnings released: EPS: RM0.018 (vs RM3.24 in FY 2023)Full year 2024 results: EPS: RM0.018 (down from RM3.24 in FY 2023). Revenue: RM19.4m (down 16% from FY 2023). Net income: RM1.05m (down 84% from FY 2023). Profit margin: 5.4% (down from 28% in FY 2023). The decrease in margin was primarily driven by lower revenue.
お知らせ • Dec 24VETECE Holdings Berhad, Annual General Meeting, Feb 19, 2025VETECE Holdings Berhad, Annual General Meeting, Feb 19, 2025, at 10:00 Singapore Standard Time. Location: zenith, level m1, the vertical connexion conference, & event centre, (ccec), no. 8, jalan kerinchi, bangsar south, 59200 kuala lumpur, Malaysia
Buy Or Sell Opportunity • Nov 06Now 32% overvaluedThe stock has been flat over the last 90 days, currently trading at RM0.47. The fair value is estimated to be RM0.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%.
New Risk • Oct 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue has declined by 16% over the past year. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.0% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.5m). Market cap is less than US$100m (RM150.9m market cap, or US$34.8m).
Reported Earnings • Oct 25Full year 2024 earnings released: EPS: RM0.003 (vs RM3.24 in FY 2023)Full year 2024 results: EPS: RM0.003 (down from RM3.24 in FY 2023). Revenue: RM19.4m (down 16% from FY 2023). Net income: RM1.16m (down 82% from FY 2023). Profit margin: 6.0% (down from 28% in FY 2023). The decrease in margin was primarily driven by lower revenue.
New Risk • Sep 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 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: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported August 2023 fiscal period end). Market cap is less than US$100m (RM147.0m market cap, or US$35.6m).
Board Change • Aug 29High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director Wai Chan is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.