Value Convergence Holdings Past Earnings Performance

Past criteria checks 0/6

Value Convergence Holdings's earnings have been declining at an average annual rate of -24.3%, while the Capital Markets industry saw earnings growing at 3.4% annually. Revenues have been growing at an average rate of 8.3% per year.

Key information

-24.3%

Earnings growth rate

-4.3%

EPS growth rate

Capital Markets Industry Growth	-6.0%
Revenue growth rate	8.3%
Return on equity	-49.3%
Net Margin	-309.6%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Would Shareholders Who Purchased Value Convergence Holdings' (HKG:821) Stock Five Years Be Happy With The Share price Today?

Dec 16

Revenue & Expenses Breakdown

How Value Convergence Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:821 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	71	-219	174
31 Mar 24	73	-253	184
31 Dec 23	74	-288	195
30 Sep 23	75	-269	141
30 Jun 23	75	-250	88
31 Mar 23	73	-214	70
31 Dec 22	71	-178	53
30 Sep 22	79	-158	67
30 Jun 22	87	-137	80
31 Mar 22	89	-54	61
31 Dec 21	90	29	43
30 Jun 21	73	123	27
31 Mar 21	71	44	47
31 Dec 20	68	-36	67
30 Sep 20	68	-56	60
30 Jun 20	59	-80	53
31 Mar 20	54	-87	50
31 Dec 19	49	-93	48
30 Sep 19	45	-164	60
30 Jun 19	40	-234	72
31 Mar 19	37	-360	93
31 Dec 18	33	-486	115
30 Sep 18	29	-432	118
30 Jun 18	26	-378	120
31 Mar 18	40	-223	103
31 Dec 17	54	-67	86
30 Sep 17	94	-54	96
30 Jun 17	135	-41	105
31 Mar 17	124	-49	103
31 Dec 16	113	-57	101
30 Sep 16	86	-32	84
30 Jun 16	59	-7	67
31 Mar 16	74	-10	71
31 Dec 15	90	-13	74
30 Sep 15	91	-27	73
30 Jun 15	91	-42	73
31 Mar 15	87	-25	70
31 Dec 14	82	-8	68
30 Sep 14	84	-16	69
30 Jun 14	86	-24	70
31 Mar 14	81	-32	72
31 Dec 13	76	-41	74

Quality Earnings: 821 is currently unprofitable.

Growing Profit Margin: 821 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 821 is unprofitable, and losses have increased over the past 5 years at a rate of 24.3% per year.

Accelerating Growth: Unable to compare 821's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 821 is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-41.9%).

Return on Equity

High ROE: 821 has a negative Return on Equity (-49.28%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 14:28
End of Day Share Price	2024/12/23 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Value Convergence Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Value Convergence Holdings Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2024 earnings released: HK$0.026 loss per share (vs HK$0.058 loss in 1H 2023)

Value Convergence Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024

Full year 2023 earnings released: HK$0.12 loss per share (vs HK$0.086 loss in FY 2022)

Value Convergence Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024

First half 2023 earnings released: HK$0.054 loss per share (vs HK$0.03 loss in 1H 2022)

Value Convergence Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023

Recent updates

First half 2024 earnings released: HK$0.026 loss per share (vs HK$0.058 loss in 1H 2023)

New major risk - Revenue and earnings growth

Value Convergence Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024

Value Convergence Holdings Limited Announces the Resignation of Zhang Nu as Executive Director

Full year 2023 earnings released: HK$0.12 loss per share (vs HK$0.086 loss in FY 2022)

Value Convergence Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024

Value Convergence Holdings Limited announced that it expects to receive HKD 81.6 million in funding

Value Convergence Holdings Limited announced that it expects to receive HKD 81.6 million in funding

First half 2023 earnings released: HK$0.054 loss per share (vs HK$0.03 loss in 1H 2022)

Value Convergence Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023

New minor risk - Share price stability

Full year 2022 earnings released: HK$0.086 loss per share (vs HK$0.015 profit in FY 2021)

Value Convergence Holdings Limited (SEHK:821) agreed to acquire ANLI Asset Management Limited and 100 shares of Anli Investment Fund SPC for HKD40 million.

Less than half of directors are independent

First half 2022 earnings released: HK$0.03 loss per share (vs HK$0.059 profit in 1H 2021)

Value Convergence Holdings Limited to Report First Half, 2022 Results on Aug 31, 2022

Value Convergence Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

Value Convergence Holdings Limited Appoints Mr. Au Tin Fung, Edmund as an Independent Non-Executive Director

Less than half of directors are independent

Value Convergence Holdings Limited Appoints Wong Kam Fat, Tony Vice Chairman and Executive Director

Value Convergence Holdings Limited Announces Resignation of Wong Kam Choi, Kerry, Mh as Independent Non-Executive Director, Chairman of Remuneration Committee, Member of Audit Committee and Nomination Committee

Full year 2021 earnings released: EPS: HK$0.015 (vs HK$0.024 loss in FY 2020)

Less than half of directors are independent

Executive Chairman recently bought HK$2.9m worth of stock

Executive Chairman recently bought HK$884k worth of stock

First half 2021 earnings released: EPS HK$0.059 (vs HK$0.044 loss in 1H 2020)

Value Convergence Holdings Limited (SEHK:821) entered into the sale and purchase agreement to acquire Dream Impression Holdings Limited from iDreamSky Technology Holdings Limited (SEHK:1119) for CNY 28 million.

Executive Director has left the company

Executive Director has left the company

Full year 2020 earnings released: HK$0.024 loss per share (vs HK$0.076 loss in FY 2019)

Full year 2020 earnings released: HK$0.024 loss per share (vs HK$0.076 loss in FY 2019)

Value Convergence Holdings Limited to Report Fiscal Year 2020 Final Results on Mar 30, 2021

New 90-day high: HK$0.43

Value Convergence Holdings Limited Appoints Cheng Tak Yiu, Simon as an Executive Director

New 90-day low: HK$0.28

Would Shareholders Who Purchased Value Convergence Holdings' (HKG:821) Stock Five Years Be Happy With The Share price Today?

New 90-day low: HK$0.33

Value Convergence Holdings Limited Appoints Tang Hao as an Executive Director and Member of Executive Committee

New 90-day low: HK$0.36

First half earnings released

First half earnings released

Value Convergence Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 49.2 million.

Value Convergence Holdings Limited to Report First Half, 2020 Results on Aug 31, 2020

New 90-day high - HK$0.34

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources