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2317

Vedan International (Holdings) SEHK:2317 Stock Report

Last Price

HK$0.61

Market Cap

HK$928.9m

7D

1.7%

1Y

-23.8%

Updated

19 May, 2022

Data

Company Financials
2317 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends4/6

2317 Stock Overview

Vedan International (Holdings) Limited, an investment holding company, produces and sells fermentation-based amino acids, food additive products, biochemical products, and cassava starch based industrial products.

Vedan International (Holdings) Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Vedan International (Holdings)
Historical stock prices
Current Share PriceHK$0.61
52 Week HighHK$0.87
52 Week LowHK$0.55
Beta0.35
1 Month Change3.39%
3 Month Change-12.86%
1 Year Change-23.75%
3 Year Change-19.74%
5 Year Change-26.51%
Change since IPO-41.91%

Recent News & Updates

Shareholder Returns

2317HK FoodHK Market
7D1.7%2.0%3.4%
1Y-23.8%-29.0%-24.3%

Return vs Industry: 2317 exceeded the Hong Kong Food industry which returned -29% over the past year.

Return vs Market: 2317 matched the Hong Kong Market which returned -24.3% over the past year.

Price Volatility

Is 2317's price volatile compared to industry and market?
2317 volatility
2317 Average Weekly Movement5.2%
Food Industry Average Movement7.2%
Market Average Movement8.1%
10% most volatile stocks in HK Market15.0%
10% least volatile stocks in HK Market3.9%

Stable Share Price: 2317 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 2317's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a3,738Kun-Hsiang Yanghttps://www.vedaninternational.com

Vedan International (Holdings) Limited, an investment holding company, produces and sells fermentation-based amino acids, food additive products, biochemical products, and cassava starch based industrial products. It offers starch-based industrial products, including native starch, a cassava starch for the production of sausages, ice-creams, canned soup, and noodles; modified starch for industrial applications in textile, paper, food, feed-stuff, and cosmetic products; and glucose syrup for processing of food, confectionery, and bakery products, as well as to produce monosodium glutamate (MSG) and glutamic acid (GA) products, and lysine. The company also provides specialty chemical products, such as caustic soda for the production of MSG products, as well as used in metal processing and food, textile, cosmetics, paint, water treatment, and detergent products; hydrochloric acid for the production of GA products, as well as used in food and textile products, beverages, seafood processing, and metal processing; and hypochlorite that is used as bleaching agent and for the production of detergent products.

Vedan International (Holdings) Fundamentals Summary

How do Vedan International (Holdings)'s earnings and revenue compare to its market cap?
2317 fundamental statistics
Market CapUS$118.33m
Earnings (TTM)US$11.01m
Revenue (TTM)US$382.36m

10.7x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2317 income statement (TTM)
RevenueUS$382.36m
Cost of RevenueUS$321.99m
Gross ProfitUS$60.37m
Other ExpensesUS$49.36m
EarningsUS$11.01m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0072
Gross Margin15.79%
Net Profit Margin2.88%
Debt/Equity Ratio13.3%

How did 2317 perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

60%

Payout Ratio

Does 2317 pay a reliable dividends?

See 2317 dividend history and benchmarks
When do you need to buy 2317 by to receive an upcoming dividend?
Vedan International (Holdings) dividend dates
Ex Dividend DateMay 26 2022
Dividend Pay DateJun 14 2022
Days until Ex dividend6 days
Days until Dividend pay date25 days

Does 2317 pay a reliable dividends?

See 2317 dividend history and benchmarks

Valuation

Is Vedan International (Holdings) undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


10.75x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 2317 (HK$0.61) is trading above our estimate of fair value (HK$0.35)

Significantly Below Fair Value: 2317 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2317's PE Ratio (10.7x) is in line with the Hong Kong Food industry average.

PE vs Market: 2317 is poor value based on its PE Ratio (10.7x) compared to the Hong Kong market (8.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2317's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2317 is good value based on its PB Ratio (0.4x) compared to the HK Food industry average (0.8x).


Future Growth

How is Vedan 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


15.7%

Forecasted Food, Beverage & Tobacco 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 Vedan 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.


Past Performance

How has Vedan International (Holdings) performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-6.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 2317 has high quality earnings.

Growing Profit Margin: 2317's current net profit margins (2.9%) are lower than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: 2317's earnings have declined by 6.7% per year over the past 5 years.

Accelerating Growth: 2317's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2317 had negative earnings growth (-33.9%) over the past year, making it difficult to compare to the Food industry average (3.6%).


Return on Equity

High ROE: 2317's Return on Equity (3.7%) is considered low.


Financial Health

How is Vedan International (Holdings)'s financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 2317's short term assets ($216.4M) exceed its short term liabilities ($72.7M).

Long Term Liabilities: 2317's short term assets ($216.4M) exceed its long term liabilities ($14.5M).


Debt to Equity History and Analysis

Debt Level: 2317 has more cash than its total debt.

Reducing Debt: 2317's debt to equity ratio has increased from 13.2% to 13.3% over the past 5 years.

Debt Coverage: 2317's debt is well covered by operating cash flow (61.7%).

Interest Coverage: 2317 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Vedan International (Holdings) current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.58%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 20 2022Ex Dividend DateMay 26 2022Dividend Pay DateJun 14 202219 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 2317's dividend (5.58%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.83%).

High Dividend: 2317's dividend (5.58%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.78%).


Stability and Growth of Payments

Stable Dividend: 2317's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2317's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60%), 2317's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (49.1%), 2317's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

19.4yrs

Average board tenure


CEO

Kun-Hsiang Yang (63 yo)

no data

Tenure

US$769,000

Compensation

Mr. Kun-Hsiang Yang serves as the Chief Executive Officer of Vedan International Holdings Ltd. Mr. Yang has been an Executive Director of Vedan International Holdings Ltd. since September 10, 2002.Mr. Yan...


CEO Compensation Analysis

Compensation vs Market: Kun-Hsiang's total compensation ($USD769.00K) is above average for companies of similar size in the Hong Kong market ($USD232.32K).

Compensation vs Earnings: Kun-Hsiang's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 2317's board of directors are seasoned and experienced ( 19.4 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

Vedan International (Holdings) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Vedan International (Holdings) Limited
  • Ticker: 2317
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: HK$928.873m
  • Shares outstanding: 1.52b
  • Website: https://www.vedaninternational.com

Number of Employees


Location

  • Vedan International (Holdings) Limited
  • Hopewell Centre
  • Level 54
  • Hong Kong
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.