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 and overvalued.

Risks

  • V.S. International Group is not covered by any analysts.

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

5.0%

SEHK:1002

-1.8%

HK Machinery

-0.6%

HK Market


1 Year Return

-28.1%

SEHK:1002

3.7%

HK Machinery

-9.8%

HK Market

1002 underperformed the Machinery industry which returned 3.7% over the past year.

1002 underperformed the Market in Hong Kong which returned -9.8% over the past year.


Share holder returns

1002IndustryMarket
7 Day5.0%-1.8%-0.6%
30 Day7.1%-9.4%-8.8%
90 Day-1.9%-5.2%-8.4%
1 Year-28.1%-28.1%6.9%3.7%-6.5%-9.8%
3 Year-73.7%-75.0%49.4%40.4%12.8%1.6%
5 Year-68.9%-70.4%41.5%27.0%7.2%-10.6%

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?

0.45x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for V.S. International Group to establish if it is available at moderate discount.

Unable to calculate intrinsic value for V.S. International Group to establish if it is available at substantial discount.


Price Based on Earnings

V.S. International Group is loss making, we can't compare its value to the HK Machinery industry average.

V.S. International Group is loss making, we can't compare the value of its earnings to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for V.S. International Group, we can't assess if its growth is good value.


Price Based on Value of Assets

V.S. International Group is good value based on assets compared to the HK Machinery industry average.


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?

14.9%

Forecasted Machinery 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?

20.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

V.S. International Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare V.S. International Group's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare V.S. International Group's 1-year growth to the HK Machinery industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if V.S. International Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if V.S. International Group has efficiently used its assets last year compared to the HK Machinery industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if V.S. International Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

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


Financial Position Analysis

V.S. International Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

V.S. International Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

V.S. International Group's level of debt (47.1%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (112.8% vs 47.1% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.7x 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.

V.S. International Group has less than a year of cash runway based on current free cash flow.

V.S. International Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 107.6% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate V.S. International Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate V.S. International Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as V.S. International Group has not reported any payouts.

Unable to verify if V.S. International Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as V.S. International Group has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


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?

17.8yrs

Average management tenure


CEO

Sem Gan (63yo)

18.1yrs

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

Sem's remuneration is about average for companies of similar size in Hong Kong.

Sem's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

17.8yrs

Average Tenure

61yo

Average Age

The average tenure for the V.S. International Group management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

17.4yrs

Average Tenure

61yo

Average Age

The average tenure for the V.S. International Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Pei Zhang (81yo)

    Executive Director

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

    MD & Executive Director

    • Tenure: 18.1yrs
    • Compensation: CN¥2.09m
  • Kim Beh (61yo)

    Executive Chairman

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

    Finance Director & Executive Director

    • Tenure: 17.8yrs
    • Compensation: CN¥1.60m
  • Polly Ng (38yo)

    Company Secretary

    • Tenure: 9.9yrs
  • Cw Beh (33yo)

    Executive Director

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

    Operation Finance Controller

  • Kim Sia Beh

    Managing Director of VS Hanoi


Board Members

  • Sim Tang (60yo)

    Independent Non-Executive Director

    • Tenure: 14.9yrs
    • Compensation: CN¥236.00k
  • Cw Beh (33yo)

    Executive Director

    • Tenure: 3.7yrs
    • Compensation: CN¥2.44m
  • Sem Gan (63yo)

    MD & Executive Director

    • Tenure: 17.8yrs
    • Compensation: CN¥2.09m
  • Kim Beh (61yo)

    Executive Chairman

    • Compensation: CN¥4.91m
  • Pei Zhang (81yo)

    Executive Director

    • Tenure: 17.8yrs
    • Compensation: CN¥1.12m
  • Tiong Gan (59yo)

    Non-Executive Director

    • Tenure: 17.8yrs
    • Compensation: CN¥338.00k
  • Tai Diong (68yo)

    Independent Non-Executive Director

    • Tenure: 17.0yrs
    • Compensation: CN¥271.00k
  • Xiao Nan Fu (49yo)

    Independent Non-Executive Director

    • Tenure: 4.2yrs
    • Compensation: CN¥236.00k
  • Chu Gan (65yo)

    Finance Director & Executive Director

    • Tenure: 17.8yrs
    • Compensation: CN¥1.60m

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$242.289m
  • Shares outstanding: 2.31b
  • Website: Click here

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 Analysis2019/08/18 12:42
End of Day Share Price2019/08/16 00:00
Earnings2019/01/31
Annual Earnings2018/07/31


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.