SEHK:1002

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V.S. International Group

Executive Summary

V.S. International Group Limited, an investment holding company, manufactures and sells plastic molded products and parts.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has V.S. International Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1002's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-9.4%

1002

5.7%

HK Machinery

2.8%

HK Market


1 Year Return

54.0%

1002

24.6%

HK Machinery

-1.0%

HK Market

Return vs Industry: 1002 exceeded the Hong Kong Machinery industry which returned 24.6% over the past year.

Return vs Market: 1002 exceeded the Hong Kong Market which returned -1% over the past year.


Shareholder returns

1002IndustryMarket
7 Day-9.4%5.7%2.8%
30 Day-3.8%14.1%8.6%
90 Day22.2%28.2%12.0%
1 Year54.0%54.0%27.8%24.6%3.1%-1.0%
3 Year-43.2%-46.0%56.6%45.0%7.1%-4.4%
5 Year-68.2%-69.8%76.1%60.7%8.7%-9.4%

Price Volatility Vs. Market

How volatile is V.S. International Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is V.S. International Group undervalued compared to its fair value and its price relative to the market?

0.93x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1002's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1002's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1002 is unprofitable, so we can't compare its PE Ratio to the HK Machinery industry average.

PE vs Market: 1002 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1002's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1002's PB Ratio (0.9x) is in line with the HK Machinery industry average.


Next Steps

Future Growth

How is V.S. International Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.9%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as V.S. International Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has V.S. International Group performed over the past 5 years?

-40.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1002 is currently unprofitable.

Growing Profit Margin: 1002 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1002 is unprofitable, and losses have increased over the past 5 years at a rate of -40% per year.

Accelerating Growth: Unable to compare 1002's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1002 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-8.7%).


Return on Equity

High ROE: 1002 has a negative Return on Equity (-26.08%), as it is currently unprofitable.


Next Steps

Financial Health

How is V.S. International Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1002's short term assets (CN¥303.0M) exceed its short term liabilities (CN¥263.6M).

Long Term Liabilities: 1002's short term assets (CN¥303.0M) exceed its long term liabilities (CN¥42.6M).


Debt to Equity History and Analysis

Debt Level: 1002's debt to equity ratio (50.7%) is considered high.

Reducing Debt: 1002's debt to equity ratio has reduced from 67% to 50.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 1002 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1002 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.3% per year.


Next Steps

Dividend

What is V.S. International Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1002's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1002's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1002's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1002's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1002's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.8yrs

Average management tenure


CEO

Sem Gan (64yo)

19yrs

Tenure

CN¥961,000

Compensation

Mr. Sem Yam Gan has been the Managing Director of VS International Group Ltd., since July 16, 2001. Mr. Gan serves as the Managing Director of V.S. Industry Berhad. where he is responsible for its operatio ...


CEO Compensation Analysis

Compensation vs Market: Sem's total compensation ($USD137.28K) is below average for companies of similar size in the Hong Kong market ($USD229.37K).

Compensation vs Earnings: Sem's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kim Beh
Executive Chairmanno dataCN¥4.76m7.75% CN¥28.6m
Sem Gan
MD & Executive Director19yrsCN¥961.00k3.3% CN¥12.2m
Pei Zhang
Executive Director18.67yrsCN¥736.00k0.000090% CN¥332.3
Chern Beh
Executive Director4.58yrsCN¥1.68m1.17% CN¥4.3m
Ge Zhang
Human Resources & Administrative Director0.17yrno datano data
Kim Sia Beh
Managing Director of VS Hanoino datano datano data
Ting Ng
Company Secretary10.83yrsno datano data

10.8yrs

Average Tenure

62yo

Average Age

Experienced Management: 1002's management team is seasoned and experienced (10.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kim Beh
Executive Chairmanno dataCN¥4.76m7.75% CN¥28.6m
Sem Gan
MD & Executive Director19yrsCN¥961.00k3.3% CN¥12.2m
Pei Zhang
Executive Director18.67yrsCN¥736.00k0.000090% CN¥332.3
Chern Beh
Executive Director4.58yrsCN¥1.68m1.17% CN¥4.3m
Tiong Gan
Non-Executive Director18.67yrsCN¥157.00k1.45% CN¥5.4m
Tai Diong
Independent Non-Executive Director17.92yrsCN¥235.00k0.077% CN¥282.6k
Sim Tang
Independent Non-Executive Director15.83yrsCN¥216.00k0.028% CN¥102.3k
Xiao Nan Fu
Independent Non-Executive Director5.08yrsCN¥207.00kno data

17.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 1002's board of directors are seasoned and experienced ( 17.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

V.S. International Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: V.S. International Group Limited
  • Ticker: 1002
  • Exchange: SEHK
  • Founded: 1997
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: HK$369.202m
  • Shares outstanding: 2.31b
  • Website: https://www.vs-ig.com

Number of Employees


Location

  • V.S. International Group Limited
  • Jardine House
  • 40th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1002SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2002

Biography

V.S. International Group Limited, an investment holding company, manufactures and sells plastic molded products and parts. It operates through Plastic Injection and Moulding, Assembling of Electronic Products, and Mould Design and Fabrication segments. The company is also involved in the manufacturing, assembly, trading, and sale of electronic products, parts, and components; manufacture and sale of plastic injection molds; and operation and management of rooftop solar plants. It operates in Mainland China, Hong Kong, Southeast Asia, Europe, the United States, and other countries. The company was founded in 1997 and is headquartered in Central, Hong Kong. V.S. International Group Limited is a subsidiary of V.S. Industry Berhad. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 12:44
End of Day Share Price2020/07/13 00:00
Earnings2020/01/31
Annual Earnings2019/07/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.