Vesync Co., Ltd

SEHK:2148 Stock Report

Market Cap: HK$4.8b

Vesync Balance Sheet Health

Financial Health criteria checks 6/6

Vesync has a total shareholder equity of $335.9M and total debt of $12.7M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are $573.4M and $237.5M respectively. Vesync's EBIT is $112.9M making its interest coverage ratio -25. It has cash and short-term investments of $183.7M.

Key information

3.8%

Debt to equity ratio

US$12.68m

Debt

Interest coverage ratio-25x
CashUS$183.69m
EquityUS$335.95m
Total liabilitiesUS$237.48m
Total assetsUS$573.43m

Recent financial health updates

Is Vesync (HKG:2148) A Risky Investment?

Nov 15
Is Vesync (HKG:2148) A Risky Investment?

Vesync (HKG:2148) Has A Rock Solid Balance Sheet

Apr 24
Vesync (HKG:2148) Has A Rock Solid Balance Sheet

Recent updates

Is Vesync (HKG:2148) A Risky Investment?

Nov 15
Is Vesync (HKG:2148) A Risky Investment?

Vesync Co., Ltd's (HKG:2148) P/S Still Appears To Be Reasonable

Sep 20
Vesync Co., Ltd's (HKG:2148) P/S Still Appears To Be Reasonable

Vesync (HKG:2148) Has Announced A Dividend Of $0.0888

Aug 30
Vesync (HKG:2148) Has Announced A Dividend Of $0.0888

Investors Appear Satisfied With Vesync Co., Ltd's (HKG:2148) Prospects As Shares Rocket 33%

May 24
Investors Appear Satisfied With Vesync Co., Ltd's (HKG:2148) Prospects As Shares Rocket 33%

Shareholders Can Be Confident That Vesync's (HKG:2148) Earnings Are High Quality

Apr 29
Shareholders Can Be Confident That Vesync's (HKG:2148) Earnings Are High Quality

Vesync (HKG:2148) Has A Rock Solid Balance Sheet

Apr 24
Vesync (HKG:2148) Has A Rock Solid Balance Sheet

Getting In Cheap On Vesync Co., Ltd (HKG:2148) Might Be Difficult

Mar 01
Getting In Cheap On Vesync Co., Ltd (HKG:2148) Might Be Difficult

Estimating The Fair Value Of Vesync Co., Ltd (HKG:2148)

Nov 24
Estimating The Fair Value Of Vesync Co., Ltd (HKG:2148)

Is Vesync Co., Ltd (HKG:2148) Trading At A 48% Discount?

Aug 23
Is Vesync Co., Ltd (HKG:2148) Trading At A 48% Discount?

Investors Interested In Vesync Co., Ltd's (HKG:2148) Revenues

Jul 18
Investors Interested In Vesync Co., Ltd's (HKG:2148) Revenues

Vesync (HKG:2148) Is Reinvesting At Lower Rates Of Return

May 07
Vesync (HKG:2148) Is Reinvesting At Lower Rates Of Return

Be Wary Of Vesync (HKG:2148) And Its Returns On Capital

Jan 28
Be Wary Of Vesync (HKG:2148) And Its Returns On Capital

An Intrinsic Calculation For Vesync Co., Ltd (HKG:2148) Suggests It's 50% Undervalued

Nov 04
An Intrinsic Calculation For Vesync Co., Ltd (HKG:2148) Suggests It's 50% Undervalued

Estimating The Intrinsic Value Of Vesync Co., Ltd (HKG:2148)

Jun 19
Estimating The Intrinsic Value Of Vesync Co., Ltd (HKG:2148)

We Think That There Are Issues Underlying Vesync's (HKG:2148) Earnings

Apr 27
We Think That There Are Issues Underlying Vesync's (HKG:2148) Earnings

Is Vesync Co., Ltd's (HKG:2148) Shareholder Ownership Skewed Towards Insiders?

Mar 18
Is Vesync Co., Ltd's (HKG:2148) Shareholder Ownership Skewed Towards Insiders?

Financial Position Analysis

Short Term Liabilities: 2148's short term assets ($479.8M) exceed its short term liabilities ($224.8M).

Long Term Liabilities: 2148's short term assets ($479.8M) exceed its long term liabilities ($12.7M).

Debt to Equity History and Analysis

Debt Level: 2148 has more cash than its total debt.

Reducing Debt: 2148's debt to equity ratio has reduced from 188.4% to 3.8% over the past 5 years.

Debt Coverage: 2148's debt is well covered by operating cash flow (1187.5%).

Interest Coverage: 2148 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 06:33
End of Day Share Price 2024/12/10 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vesync Co., Ltd is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wei HeChina International Capital Corporation Limited
Jun ChuChina International Capital Corporation Limited
null nullCMB International Securities Limited