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1621

Vico International Holdings SEHK:1621 Stock Report

Last Price

HK$0.12

Market Cap

HK$122.0m

7D

-2.4%

1Y

-17.0%

Updated

15 Aug, 2022

Data

Company Financials
1621 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

1621 Stock Overview

Vico International Holdings Limited, an investment holding company, distributes third-party branded petrochemicals primarily in Hong Kong, Macau, Vietnam, and Malaysia.

Vico International Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vico International Holdings
Historical stock prices
Current Share PriceHK$0.12
52 Week HighHK$0.18
52 Week LowHK$0.10
Beta1.2
1 Month Change8.93%
3 Month Change3.39%
1 Year Change-17.01%
3 Year Change-16.44%
5 Year Changen/a
Change since IPO-68.31%

Recent News & Updates

Jun 30
These 4 Measures Indicate That Vico International Holdings (HKG:1621) Is Using Debt Reasonably Well

These 4 Measures Indicate That Vico International Holdings (HKG:1621) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Mar 07
Is Vico International Holdings (HKG:1621) Using Too Much Debt?

Is Vico International Holdings (HKG:1621) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

1621HK Oil and GasHK Market
7D-2.4%5.1%0.3%
1Y-17.0%18.9%-21.6%

Return vs Industry: 1621 underperformed the Hong Kong Oil and Gas industry which returned 18.9% over the past year.

Return vs Market: 1621 exceeded the Hong Kong Market which returned -21.6% over the past year.

Price Volatility

Is 1621's price volatile compared to industry and market?
1621 volatility
1621 Average Weekly Movement16.3%
Oil and Gas Industry Average Movement7.9%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.7%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 1621 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: 1621's weekly volatility has increased from 11% to 16% over the past year.

About the Company

FoundedEmployeesCEOWebsite
197734Eric Huihttps://www.vicointernational.hk

Vico International Holdings Limited, an investment holding company, distributes third-party branded petrochemicals primarily in Hong Kong, Macau, Vietnam, and Malaysia. It offers diesel; lubricant oils, including self-branded lubricant and third-party branded lubricant oils; and other petrochemicals, such as bitumen, as well as kerosene. The company also provides fleet card and transportation services.

Vico International Holdings Fundamentals Summary

How do Vico International Holdings's earnings and revenue compare to its market cap?
1621 fundamental statistics
Market CapHK$122.00m
Earnings (TTM)HK$9.17m
Revenue (TTM)HK$1.37b

13.3x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1621 income statement (TTM)
RevenueHK$1.37b
Cost of RevenueHK$1.33b
Gross ProfitHK$43.48m
Other ExpensesHK$34.31m
EarningsHK$9.17m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.0092
Gross Margin3.17%
Net Profit Margin0.67%
Debt/Equity Ratio30.3%

How did 1621 perform over the long term?

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

Valuation

Is 1621 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1621?

Other financial metrics that can be useful for relative valuation.

1621 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/Revenue0.1x
Enterprise Value/EBITDA6.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1621's PE Ratio compare to its peers?

1621 PE Ratio vs Peers
The above table shows the PE ratio for 1621 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.2x
681 Chinese People Holdings
2.3xn/aHK$455.7m
2728 Jintai Energy Holdings
4xn/aHK$378.7m
332 Yuan Heng Gas Holdings
44.6xn/aHK$3.3b
934 Sinopec Kantons Holdings
5.8x5.5%HK$6.1b
1621 Vico International Holdings
13.3xn/aHK$122.0m

Price-To-Earnings vs Peers: 1621 is good value based on its Price-To-Earnings Ratio (13.3x) compared to the peer average (14.2x).


Price to Earnings Ratio vs Industry

How does 1621's PE Ratio compare vs other companies in the HK Oil and Gas Industry?

Price-To-Earnings vs Industry: 1621 is expensive based on its Price-To-Earnings Ratio (13.3x) compared to the Hong Kong Oil and Gas industry average (5.7x)


Price to Earnings Ratio vs Fair Ratio

What is 1621'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.

1621 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1621's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1621 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1621 (HK$0.12) is trading below our estimate of fair value (HK$0.33)

Significantly Below Fair Value: 1621 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Vico 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


-4.2%

Forecasted Energy 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 Vico 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.


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  • Examine whether Vico International Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Vico International Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Vico 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


0.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1621 has high quality earnings.

Growing Profit Margin: 1621's current net profit margins (0.7%) are lower than last year (2.2%).


Past Earnings Growth Analysis

Earnings Trend: 1621's earnings have grown by 0.3% per year over the past 5 years.

Accelerating Growth: 1621's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1621 had negative earnings growth (-50%) over the past year, making it difficult to compare to the Oil and Gas industry average (62.1%).


Return on Equity

High ROE: 1621's Return on Equity (4.7%) is considered low.


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Financial Health

How is Vico International Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1621's short term assets (HK$117.1M) exceed its short term liabilities (HK$69.6M).

Long Term Liabilities: 1621's short term assets (HK$117.1M) exceed its long term liabilities (HK$4.1M).


Debt to Equity History and Analysis

Debt Level: 1621's net debt to equity ratio (1.9%) is considered satisfactory.

Reducing Debt: 1621's debt to equity ratio has reduced from 43.8% to 30.3% over the past 5 years.

Debt Coverage: 1621's debt is well covered by operating cash flow (45.6%).

Interest Coverage: 1621's interest payments on its debt are well covered by EBIT (9.1x coverage).


Balance Sheet


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Dividend

What is Vico 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

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1621's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1621'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 1621's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1621's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 1621 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 1621 has not reported any payouts.


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Management

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

5.2yrs

Average board tenure


CEO

Eric Hui (30 yo)

no data

Tenure

HK$863,000

Compensation

Mr. Yip Ho Hui, also known as Eric, has been Executive Director of Vico International Holdings Ltd., since June 23, 2017 and served as its Director since March 24, 2017. Mr. Hui has been Chief Executive Of...


CEO Compensation Analysis

Compensation vs Market: Eric's total compensation ($USD110.10K) is below average for companies of similar size in the Hong Kong market ($USD246.34K).

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


Board Members

Experienced Board: 1621's board of directors are considered experienced (5.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Vico International Holdings Limited
  • Ticker: 1621
  • Exchange: SEHK
  • Founded: 1977
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Implied Market Cap: HK$122.000m
  • Shares outstanding: 1.00b
  • Website: https://www.vicointernational.hk

Number of Employees


Location

  • Vico International Holdings Limited
  • Billion Plaza II
  • 11th Floor
  • Cheung Sha Wan
  • 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 Analysis2022/08/15 00:00
End of Day Share Price2022/08/15 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.