SEHK:1002

Stock Analysis Report

V.S. International Group

Executive Summary

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

Snowflake

Fundamentals

Mediocre 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


Market Performance


7 Day Return

0%

1002

2.8%

HK Machinery

2.2%

HK Market


1 Year Return

58.1%

1002

11.5%

HK Machinery

-1.3%

HK Market

Return vs Industry: 1002 exceeded the Hong Kong Machinery industry which returned 11.5% over the past year.

Return vs Market: 1002 exceeded the Hong Kong Market which returned -1.3% over the past year.


Share holder returns

1002IndustryMarket
7 Day0%2.8%2.2%
30 Day-0.5%-4.5%-2.9%
90 Day85.0%-5.3%-5.8%
1 Year58.1%58.1%14.8%11.5%2.3%-1.3%
3 Year-48.8%-51.3%49.6%40.5%15.6%3.9%
5 Year-60.3%-62.2%67.4%50.0%20.1%0.06%

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 based on future cash flows and its price relative to the stock market?

0.99x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

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

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


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: 1002 is overvalued based on its PB Ratio (1x) compared to the HK Machinery industry average (0.9x).


Next Steps

Future Growth

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

12.4%

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?

-25.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 1002 is unprofitable, and losses have increased over the past 5 years at a rate of -25.2% 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 (7.4%).


Return on Equity

High ROE: 1002 has a negative Return on Equity (-31.22%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 1002 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 1002 is currently unprofitable, so its Return on Capital Employed is negative.


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¥324.4M) exceeds its short term liabilities (CN¥311.3M)

Long Term Liabilities: 1002's short term assets (324.4M) exceeds its long term liabilities (24.9M)


Debt to Equity History and Analysis

Debt Level: 1002's debt to equity ratio (49.5%) is considered high

Reducing Debt: 1002's debt to equity ratio has reduced from 110% to 49.5% over the past 5 years.


Balance Sheet

Inventory Level: 1002 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1002's debt is covered by short term assets (assets are 1.675300x debt).


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: 1002 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 1002 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -119.5% each year


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.3%industryaverage4.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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: 1002 is not paying a notable dividend for .


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

What is the CEO of V.S. International Group's salary, the management and board of directors tenure and is there insider trading?

17.9yrs

Average management tenure


CEO

Sem Gan (63yo)

18.3yrs

Tenure

CN¥2,086,000

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 ($USD294.30K) is above average for companies of similar size in the Hong Kong market ($USD211.63K).

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


Management Age and Tenure

17.9yrs

Average Tenure

61yo

Average Age

Experienced Management: 1002's management team is seasoned and experienced (17.9 years average tenure).


Board Age and Tenure

17.5yrs

Average Tenure

61yo

Average Age

Experienced Board: 1002's board of directors are seasoned and experienced ( 17.5 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Pei Zhang (81yo)

    Executive Director

    • Tenure: 17.9yrs
    • Compensation: CN¥1.12m
  • Sem Gan (63yo)

    MD & Executive Director

    • Tenure: 18.3yrs
    • Compensation: CN¥2.09m
  • Kim Beh (61yo)

    Executive Chairman

    • Tenure: 0yrs
    • Compensation: CN¥4.91m
  • Chu Gan (65yo)

    Finance Director & Executive Director

    • Tenure: 17.9yrs
    • Compensation: CN¥1.60m
  • Polly Ng (38yo)

    Company Secretary

    • Tenure: 10.1yrs
  • Cw Beh (33yo)

    Executive Director

    • Tenure: 3.8yrs
    • Compensation: CN¥2.44m
  • Mun Liew (46yo)

    Operation Finance Controller

    • Tenure: 0yrs
  • Kim Sia Beh

    Managing Director of VS Hanoi

    • Tenure: 0yrs

Board Members

  • Pei Zhang (81yo)

    Executive Director

    • Tenure: 17.9yrs
    • Compensation: CN¥1.12m
  • Sem Gan (63yo)

    MD & Executive Director

    • Tenure: 18.3yrs
    • Compensation: CN¥2.09m
  • Tiong Gan (59yo)

    Non-Executive Director

    • Tenure: 17.9yrs
    • Compensation: CN¥338.00k
  • Tai Diong (68yo)

    Independent Non-Executive Director

    • Tenure: 17.2yrs
    • Compensation: CN¥271.00k
  • Kim Beh (61yo)

    Executive Chairman

    • Tenure: 0yrs
    • Compensation: CN¥4.91m
  • Chu Gan (65yo)

    Finance Director & Executive Director

    • Tenure: 17.9yrs
    • Compensation: CN¥1.60m
  • Sim Tang (60yo)

    Independent Non-Executive Director

    • Tenure: 15.1yrs
    • Compensation: CN¥236.00k
  • Cw Beh (33yo)

    Executive Director

    • Tenure: 3.8yrs
    • Compensation: CN¥2.44m
  • Xiao Nan Fu (49yo)

    Independent Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: CN¥236.00k

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$426.890m
  • 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 Produ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 12:54
End of Day Share Price2019/10/11 00:00
Earnings2019/07/31
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.

© 2018 SIMPLY WALL STREET PTY LTD, COMMUNITY DESIGN 2845206, US DESIGN PATENT #29/544/281, EUROPEAN DESIGN REGISTRATION #2845206, STANDARD & POOR’S FINANCIAL SERVICES LLC. ALL RIGHTS RESERVED.

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Copyright © 2018, Standard & Poor’s Financial Services LLC. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. (2018)