SEHK:8340

Stock Analysis Report

Executive Summary

Vinco Financial Group Limited, an investment holding company, provides various financial services in Hong Kong.


Snowflake Analysis

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.


Market Performance


7 Day Return

-20.8%

8340

-0.6%

HK Capital Markets

-2.1%

HK Market


1 Year Return

-62.7%

8340

-16.7%

HK Capital Markets

-9.8%

HK Market

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.


Shareholder returns

8340IndustryMarket
7 Day-20.8%-0.6%-2.1%
30 Day-9.5%-0.2%-3.2%
90 Day-26.9%10.9%0.09%
1 Year-62.7%-62.7%-14.1%-16.7%-6.5%-9.8%
3 Year-92.4%-92.5%-14.0%-21.9%11.6%0.3%
5 Year-84.2%-84.4%-12.5%-27.0%11.7%-6.8%

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

Valuation

Is Vinco Financial Group undervalued compared to its fair value and its price relative to the market?

>50%

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).


Next Steps

Future Growth

How is Vinco Financial Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.5%

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.


Next Steps

Past Performance

How has Vinco Financial Group performed over the past 5 years?

21.9%

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


Next Steps

Financial Health

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


Balance Sheet

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.


Next Steps

Dividend

What is Vinco Financial Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.4%industryaverage2.8%forecastin3Yearsn/a

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.


Next Steps

Management

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

5.8yrs

Average board tenure


CEO

Alister Chung (46yo)

HK$3,402,000

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Yick Hing Lam
Executive Director7.6yrsHK$1.30mno data
Wing Lun Lee
Independent Non-Executive Director0yrsHK$36.00kno data
King Ho Tam
Independent Non-Executive Director5.8yrsHK$36.00kno data
Chor Yam Law
Independent Non-Executive Director3.5yrsHK$36.00kno data

5.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 8340's board of directors are considered experienced (5.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Vinco Financial Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Vinco Financial Group Limited
  • The Center
  • Unit 2610
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8340SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2008

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 12:57
End of Day Share Price2020/02/26 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.