SEHK:1621

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Vico International Holdings

Executive Summary

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


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has Vico International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1621 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 1621's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

6.5%

1621

6.6%

HK Oil and Gas

1.1%

HK Market


1 Year Return

-13.5%

1621

-18.1%

HK Oil and Gas

8.2%

HK Market

Return vs Industry: 1621 exceeded the Hong Kong Oil and Gas industry which returned -18.1% over the past year.

Return vs Market: 1621 underperformed the Hong Kong Market which returned 8.2% over the past year.


Shareholder returns

1621IndustryMarket
7 Day6.5%6.6%1.1%
30 Day33.7%18.5%7.2%
90 Day17.3%7.6%5.2%
1 Year-13.5%-13.5%-11.7%-18.1%12.6%8.2%
3 Yearn/a-21.7%-34.5%0.4%-10.0%
5 Yearn/a-11.9%-30.5%30.6%8.5%

Long-Term Price Volatility Vs. Market

How volatile is Vico International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vico International Holdings undervalued compared to its fair value and its price relative to the market?

7.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1621's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1621's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1621 is poor value based on its PE Ratio (7.2x) compared to the HK Oil and Gas industry average (6.8x).

PE vs Market: 1621 is good value based on its PE Ratio (7.2x) compared to the Hong Kong market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1621's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1621's PB Ratio (0.6x) is in line with the HK Oil and Gas industry average.


Next Steps

Future Growth

How is Vico International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.8%

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.


Next Steps

Past Performance

How has Vico International Holdings performed over the past 5 years?

-2.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1621 has high quality earnings.

Growing Profit Margin: 1621's current net profit margins (1.9%) are higher than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: 1621's earnings have declined by 2% 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 (-20.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-11.9%).


Return on Equity

High ROE: 1621's Return on Equity (8.5%) is considered low.


Next Steps

Financial Health

How is Vico International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1621's short term assets (HK$129.9M) exceed its short term liabilities (HK$50.5M).

Long Term Liabilities: 1621's short term assets (HK$129.9M) exceed its long term liabilities (HK$962.0K).


Debt to Equity History and Analysis

Debt Level: 1621's debt to equity ratio (19.3%) is considered satisfactory.

Reducing Debt: 1621's debt to equity ratio has reduced from 110% to 19.3% over the past 5 years.

Debt Coverage: 1621's debt is well covered by operating cash flow (55.5%).

Interest Coverage: 1621's interest payments on its debt are well covered by EBIT (29.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Vico International Holdings's current dividend yield, its reliability and sustainability?


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.


Current Payout to Shareholders

Dividend Coverage: 1621 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 1621'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?

3.1yrs

Average board tenure


CEO

Eric Hui (28 yo)

no data

Tenure

HK$473,000

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 ($USD61.03K) is below average for companies of similar size in the Hong Kong market ($USD232.23K).

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

NamePositionTenureCompensationOwnership
Pui Sing Hui
Executive Chairmanno dataHK$473.00kno data
Yip Ho Hui
CEO & Executive Directorno dataHK$473.00kno data
Wing Man Hui
COO, Administration Manger & Executive Director3.67yrsHK$473.00kno data
Man Ho Kong
Executive Director & Marketing Director3.42yrsHK$473.00kno data
Man Wah Tong
Executive Director3.67yrsHK$473.00kno data
Yung Hoi Tse
Independent Non-Executive Director2.83yrsHK$200.00kno data
Chun Man Wong
Non-Executive Director1.58yrsHK$120.00kno data
Ho Chi Leung
Independent Non-Executive Director1.58yrsHK$150.00kno data
Ching Sum Chan
Independent Non-Executive Director1.58yrsHK$120.00kno data

3.1yrs

Average Tenure

44yo

Average Age

Experienced Board: 1621's board of directors are considered experienced (3.1 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

Vico International Holdings Limited's company bio, 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
  • Market Cap: HK$115.000m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1621SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMar 2018

Biography

Vico International Holdings Limited, an investment holding company, distributes third-party branded petrochemicals in Hong Kong, Macau, Vietnam, Dubai, Malaysia, and Singapore. It offers diesel; lubricant ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 10:03
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.