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1608

VPower Group International Holdings SEHK:1608 Stock Report

Last Price

HK$0.89

Market Cap

HK$2.4b

7D

-1.1%

1Y

-50.6%

Updated

27 Jun, 2022

Data

Company Financials
1608 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

1608 Stock Overview

VPower Group International Holdings Limited, an investment holding company, designs, integrates, sells, and installs gas-fired and diesel-fired gen-sets and power generation systems in Hong Kong, Macau, Mainland China, other Asian countries, Latin America, and internationally.

VPower Group International Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VPower Group International Holdings
Historical stock prices
Current Share PriceHK$0.89
52 Week HighHK$1.88
52 Week LowHK$0.78
Beta0.53
1 Month Change4.71%
3 Month Change-8.25%
1 Year Change-50.56%
3 Year Change-69.31%
5 Year Change-81.80%
Change since IPO-68.55%

Recent News & Updates

Shareholder Returns

1608HK ElectricalHK Market
7D-1.1%3.6%2.1%
1Y-50.6%-2.2%-23.3%

Return vs Industry: 1608 underperformed the Hong Kong Electrical industry which returned -2.2% over the past year.

Return vs Market: 1608 underperformed the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 1608's price volatile compared to industry and market?
1608 volatility
1608 Average Weekly Movement7.5%
Electrical Industry Average Movement7.7%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.8%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1608 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 1608's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001580Samson Lamhttps://vpower.com

VPower Group International Holdings Limited, an investment holding company, designs, integrates, sells, and installs gas-fired and diesel-fired gen-sets and power generation systems in Hong Kong, Macau, Mainland China, other Asian countries, Latin America, and internationally. The company operates in two segments, System Integration (SI); and Investment, Building and Operating (IBO). The SI segment designs, integrates, sells, and installs engine-based electricity generation units.

VPower Group International Holdings Fundamentals Summary

How do VPower Group International Holdings's earnings and revenue compare to its market cap?
1608 fundamental statistics
Market CapHK$2.40b
Earnings (TTM)HK$45.69m
Revenue (TTM)HK$5.09b

52.4x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1608 income statement (TTM)
RevenueHK$5.09b
Cost of RevenueHK$4.29b
Gross ProfitHK$808.03m
Other ExpensesHK$762.34m
EarningsHK$45.69m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.017
Gross Margin15.86%
Net Profit Margin0.90%
Debt/Equity Ratio109.1%

How did 1608 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1608 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1608?

Other financial metrics that can be useful for relative valuation.

1608 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA9.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1608's PE Ratio compare to its peers?

1608 PE Ratio vs Peers
The above table shows the PE ratio for 1608 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average13.2x
1597 China Nature Energy Technology Holdings
23.2xn/aHK$572.5m
658 China High Speed Transmission Equipment Group
5xn/aHK$7.8b
2188 China Titans Energy Technology Group
14.6xn/aHK$319.1m
1072 Dongfang Electric
9.9x10.0%HK$56.9b
1608 VPower Group International Holdings
52.4xn/aHK$2.4b

Price-To-Earnings vs Peers: 1608 is expensive based on its Price-To-Earnings Ratio (52.4x) compared to the peer average (13.2x).


Price to Earnings Ratio vs Industry

How does 1608's PE Ratio compare vs other companies in the HK Electrical Industry?

Price-To-Earnings vs Industry: 1608 is expensive based on its Price-To-Earnings Ratio (52.4x) compared to the Hong Kong Electrical industry average (12.6x)


Price to Earnings Ratio vs Fair Ratio

What is 1608's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1608 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio52.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1608's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1608 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1608's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1608's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1608's PEG Ratio to determine if it is good value.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


34.0%

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 VPower Group International Holdings 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.


Discover growth companies

  • Take a look at our analysis of 1608’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • VPower Group International Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has VPower Group International Holdings performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


4.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1608 has high quality earnings.

Growing Profit Margin: 1608's current net profit margins (0.9%) are lower than last year (15.2%).


Past Earnings Growth Analysis

Earnings Trend: 1608's earnings have grown by 4.4% per year over the past 5 years.

Accelerating Growth: 1608's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1608 had negative earnings growth (-91.2%) over the past year, making it difficult to compare to the Electrical industry average (-7.1%).


Return on Equity

High ROE: 1608's Return on Equity (1.6%) is considered low.


Discover strong past performing companies

Financial Health

How is VPower Group International Holdings's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1608's short term assets (HK$5.0B) exceed its short term liabilities (HK$4.5B).

Long Term Liabilities: 1608's short term assets (HK$5.0B) exceed its long term liabilities (HK$2.3B).


Debt to Equity History and Analysis

Debt Level: 1608's net debt to equity ratio (92.4%) is considered high.

Reducing Debt: 1608's debt to equity ratio has increased from 45.9% to 109.1% over the past 5 years.

Debt Coverage: 1608's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1608's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


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Dividend

What is VPower Group International Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1608's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1608'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 1608's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1608's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 1608 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1608 has not reported any payouts.


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Management

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

0.8yrs

Average management tenure


CEO

Samson Lam (50 yo)

0.67

Tenure

HK$5,847,000

Compensation

Mr. Yee Chun Lam, also known as Samson, serves as Executive Chairman of VPower Group International Holdings Limited and has been its Executive Director since February 22, 2016 and has been its Co-Chief Exe...


CEO Compensation Analysis

Compensation vs Market: Samson's total compensation ($USD744.91K) is above average for companies of similar size in the Hong Kong market ($USD393.76K).

Compensation vs Earnings: Samson's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: 1608's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1608's board of directors are considered experienced (5.9 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.


Top Shareholders

Company Information

VPower Group International Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: VPower Group International Holdings Limited
  • Ticker: 1608
  • Exchange: SEHK
  • Founded: 2001
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Implied Market Cap: HK$2.396b
  • Shares outstanding: 2.69b
  • Website: https://vpower.com

Number of Employees


Location

  • VPower Group International Holdings Limited
  • Office Tower 1
  • Units 2701-05, 27th Floor
  • Hung Hom
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.