Vinco Financial Group Limited, an investment holding company, provides various financial services in Hong Kong.
Slightly overvalued with worrying balance sheet.
Share Price & News
How has Vinco Financial Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8340's share price has been volatile over the past 3 months.
7 Day Return
HK Capital Markets
1 Year Return
HK Capital Markets
Return vs Industry: 8340 underperformed the Hong Kong Capital Markets industry which returned -16.7% over the past year.
Return vs Market: 8340 underperformed the Hong Kong Market which returned -9.8% over the past year.
Price Volatility Vs. Market
How volatile is Vinco Financial Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StThose Who Purchased Vinco Financial Group (HKG:8340) Shares Three Years Ago Have A 96% Loss To Show For It
3 months ago | Simply Wall StDoes Vinco Financial Group Limited (HKG:8340) Have A High Beta?
4 months ago | Simply Wall StDoes Vinco Financial Group Limited's (HKG:8340) CEO Salary Reflect Performance?
Is Vinco Financial Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8340 (HK$0.04) is trading below our estimate of fair value (HK$0.15)
Significantly Below Fair Value: 8340 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8340 is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.
PE vs Market: 8340 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8340's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8340 is overvalued based on its PB Ratio (0.8x) compared to the HK Capital Markets industry average (0.6x).
How is Vinco Financial Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Vinco Financial 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.
- Take a look at our analysis of 8340’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.
- Vinco Financial Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Vinco Financial Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8340 is currently unprofitable.
Growing Profit Margin: 8340 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8340 is unprofitable, but has reduced losses over the past 5 years at a rate of 21.9% per year.
Accelerating Growth: Unable to compare 8340's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8340 is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-24.2%).
Return on Equity
High ROE: 8340 has a negative Return on Equity (-12.29%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Vinco Financial Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 8340 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 8340's debt is covered by short term assets.
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: 8340 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: 8340 has been profitable on average in the past, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: 8340's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 8340 has a sufficient allowance for bad loans.
Low Risk Liabilities: 8340 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 8340 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 8340 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 8340 has an appropriate level of bad loans.
What is Vinco Financial Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 8340's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 8340's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 8340's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8340's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 8340 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8340's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alister Chung (46yo)
Mr. Ho Yan Chung, also known as Alister, is the Founder of Vinco Financial Group Limited and serves as its Chief Executive Officer. He served as Compliance Officer at Vinco Financial Group Limited. Mr. Chu ...
CEO Compensation Analysis
Compensation vs Market: Alister's total compensation ($USD436.64K) is above average for companies of similar size in the Hong Kong market ($USD225.90K).
Compensation vs Earnings: Alister's compensation has been consistent with company performance over the past year.
|Executive Director||7.6yrs||HK$1.30m||no data|
|Independent Non-Executive Director||0yrs||HK$36.00k||no data|
|Independent Non-Executive Director||5.8yrs||HK$36.00k||no data|
|Independent Non-Executive Director||3.5yrs||HK$36.00k||no data|
Experienced Board: 8340's board of directors are considered experienced (5.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Vinco Financial Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Vinco Financial Group Limited
- Ticker: 8340
- Exchange: SEHK
- Founded: 2008
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: HK$30.080m
- Shares outstanding: 640.00m
- Website: https://www.vinco.com.hk
Number of Employees
- Vinco Financial Group Limited
- The Center
- Unit 2610
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8340||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||May 2008|
Vinco Financial Group Limited, an investment holding company, provides various financial services in Hong Kong. The company offers its clients with initial public offerings (IPO) on the Main Board and GEM Board of The Stock Exchange of Hong Kong Limited; underwriting and distribution of IPO's shares; corporate finance advisory; mergers and acquisitions; corporate restructuring; arranging loan syndication; and convertible bonds issuance. It also facilitates corporate fund raising in equity capital market and debt market; provides professional advice on the structure of the fund raising; and assists private companies in pre-IPO private placement activities. In addition, the company assists clients on various transactions comprising fundraising activities of share placements, rights issues, and warrants issuance; share split/consolidation, privatization, and scheme of arrangement; capital restructuring; convertible bonds issuance; and formation of strategic partnership. Further, it acts as a financial advisor and independent financial advisor for transactions related to takeovers codes, connected transactions, and notifiable transactions; and as a financial advisor for corporate mergers and acquisitions, and asset and business acquisition/disposal transactions for listed and non-listed companies. The company was incorporated in 2008 and is headquartered in Central, Hong Kong. Vinco Financial Group Limited is a subsidiary of Vinco Asia Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 12:57|
|End of Day Share Price||2020/02/26 00:00|
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.