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
|Historical stock prices|
|Current Share Price||HK$0.61|
|52 Week High||HK$0.87|
|52 Week Low||HK$0.55|
|1 Month Change||3.39%|
|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
|2317||HK Food||HK Market|
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.
|2317 Average Weekly Movement||5.2%|
|Food Industry Average Movement||7.2%|
|Market Average Movement||8.1%|
|10% most volatile stocks in HK Market||15.0%|
|10% least volatile stocks in HK Market||3.9%|
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
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
|2317 fundamental statistics|
Is 2317 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2317 income statement (TTM)|
|Cost of Revenue||US$321.99m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0072|
|Net Profit Margin||2.88%|
How did 2317 perform over the long term?See historical performance and comparison
5.6%Current Dividend Yield
Does 2317 pay a reliable dividends?See 2317 dividend history and benchmarks
|Vedan International (Holdings) dividend dates|
|Ex Dividend Date||May 26 2022|
|Dividend Pay Date||Jun 14 2022|
|Days until Ex dividend||6 days|
|Days until Dividend pay date||25 days|
Does 2317 pay a reliable dividends?See 2317 dividend history and benchmarks
Is Vedan International (Holdings) undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
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).
How is Vedan International (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
How has Vedan International (Holdings) performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
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.
How is Vedan International (Holdings)'s financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
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 ($14.5M).
Debt to Equity History and Analysis
Debt Level: 2317 has more cash than its total debt.
Reducing Debt: 2317's debt to equity ratio has increased from 13.2% to 13.3% over the past 5 years.
Debt Coverage: 2317's debt is well covered by operating cash flow (61.7%).
Interest Coverage: 2317 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Vedan International (Holdings) current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 2317's dividend (5.58%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.83%).
High Dividend: 2317's dividend (5.58%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.78%).
Stability and Growth of Payments
Stable Dividend: 2317's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2317's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60%), 2317's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.1%), 2317's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kun-Hsiang Yang (63 yo)
Mr. Kun-Hsiang Yang serves as the Chief Executive Officer of Vedan International Holdings Ltd. Mr. Yang has been an Executive Director of Vedan International Holdings Ltd. since September 10, 2002.Mr. Yan...
CEO Compensation Analysis
Compensation vs Market: Kun-Hsiang's total compensation ($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.
Experienced Board: 2317's board of directors are seasoned and experienced ( 19.4 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Vedan International (Holdings) Limited's employee growth, exchange listings and data sources
- 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
- Vedan International (Holdings) Limited
- Hopewell Centre
- Level 54
- Hong Kong
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/19 00:00|
|End of Day Share Price||2022/05/19 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.