Reported Earnings • Apr 26
Full year 2025 earnings released: EPS: US$0.011 (vs US$0.011 in FY 2024) Full year 2025 results: EPS: US$0.011 (in line with FY 2024). Revenue: US$374.7m (down 1.4% from FY 2024). Net income: US$17.1m (up 6.3% from FY 2024). Profit margin: 4.6% (up from 4.2% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Declared Dividend • Mar 29
Final dividend of HK$0.064 announced Shareholders will receive a dividend of HK$0.064. Ex-date: 29th May 2026 Payment date: 16th June 2026 Dividend yield will be 12%, which is higher than the industry average of 5.7%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is well covered by cash flows (37% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates. Reported Earnings • Mar 26
Full year 2025 earnings released: EPS: US$0.011 (vs US$0.011 in FY 2024) Full year 2025 results: EPS: US$0.011 (in line with FY 2024). Revenue: US$374.7m (down 1.4% from FY 2024). Net income: US$17.1m (up 6.3% from FY 2024). Profit margin: 4.6% (up from 4.2% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Mar 25
Vedan International (Holdings) Limited, Annual General Meeting, May 26, 2026 Vedan International (Holdings) Limited, Annual General Meeting, May 26, 2026. Announcement • Mar 12
Vedan International (Holdings) Limited to Report Fiscal Year 2025 Results on Mar 24, 2026 Vedan International (Holdings) Limited announced that they will report fiscal year 2025 results on Mar 24, 2026 Board Change • Feb 25
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 9 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Peir-Fen Lee was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 12
Upcoming dividend of HK$0.023 per share Eligible shareholders must have bought the stock before 18 September 2025. Payment date: 13 October 2025. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 12%. Within top quartile of Hong Kong dividend payers (6.5%). Higher than average of industry peers (4.4%). Declared Dividend • Aug 29
First half dividend of HK$0.023 announced Shareholders will receive a dividend of HK$0.023. Ex-date: 18th September 2025 Payment date: 13th October 2025 Dividend yield will be 9.3%, which is higher than the industry average of 5.7%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 28
First half 2025 earnings released: EPS: US$0.005 (vs US$0.005 in 1H 2024) First half 2025 results: EPS: US$0.005 (in line with 1H 2024). Revenue: US$184.3m (flat on 1H 2024). Net income: US$7.60m (down 8.8% from 1H 2024). Profit margin: 4.1% (down from 4.5% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Aug 15
Vedan International (Holdings) Limited to Report First Half, 2025 Results on Aug 26, 2025 Vedan International (Holdings) Limited announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • May 27
Vedan International (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2024, Payable on 17 June 2025 Vedan International (Holdings) Limited, at the AGM held on 27 May 2025 approved final dividend of 0.57 US cents per share for the year ended 31 December 2024. Record date is on 06 June 2025. The payment date is on 17 June 2025. Ex-dividend date is on 30 May 2025. Upcoming Dividend • May 23
Upcoming dividend of HK$0.044 per share Eligible shareholders must have bought the stock before 30 May 2025. Payment date: 17 June 2025. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 14%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.5%). Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: US$0.011 (vs US$0.005 in FY 2023) Full year 2024 results: EPS: US$0.011 (up from US$0.005 in FY 2023). Revenue: US$380.2m (down 1.6% from FY 2023). Net income: US$16.0m (up 130% from FY 2023). Profit margin: 4.2% (up from 1.8% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Apr 01
Vedan International (Holdings) Limited Announces Board and Committee Changes The board of directors of Vedan International (Holdings) Limited announced that Mr. Chen, Joen-Ray tendered his resignation as an independent non-executive director of the Company with effect from 31 March 2025, due to his other business commitments. Following his resignation, Mr. Chen has also ceased to be a member of each of the audit committee, nomination committee and the remuneration committee of the Company. The Board announces that each of Mr. Huang, Chung-Fong and Ms. Lee, Peir-Fen, who is an independent non-executive director of the Company, has been appointed as a member of each of the nomination committee and remuneration committee of the Company with effect from 31 March 2025. Following the aforesaid appointments, (i) the nomination committee of the Company comprises five members, including one executive director, namely Mr. Yang, Tou- Hsiung (Chairman), and four independent non-executive directors, namely Mr. Chao, Pei-Hong, Mr. Ko, Jim-Chen, Mr. Huang, Chung-Fong and Ms. Lee, Peir-Fen; and (ii) the remuneration committee of the Company comprises five members, including one non-executive director, namely Mr. Huang Ching-Jung, and four independent non- executive directors, namely Mr. Chao, Pei-Hong, Mr. Ko, Jim-Chen (Chairman), Mr. Huang, Chung-Fong and Ms. Lee, Peir-Fen. Reported Earnings • Mar 26
Full year 2024 earnings released: EPS: US$0.011 (vs US$0.005 in FY 2023) Full year 2024 results: EPS: US$0.011 (up from US$0.005 in FY 2023). Revenue: US$380.2m (down 1.6% from FY 2023). Net income: US$16.0m (up 130% from FY 2023). Profit margin: 4.2% (up from 1.8% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Mar 26
Vedan International (Holdings) Limited, Annual General Meeting, May 27, 2025 Vedan International (Holdings) Limited, Annual General Meeting, May 27, 2025. Announcement • Mar 13
Vedan International (Holdings) Limited to Report Fiscal Year 2024 Results on Mar 25, 2025 Vedan International (Holdings) Limited announced that they will report fiscal year 2024 results on Mar 25, 2025 Board Change • Feb 11
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 10 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Non-Executive Director Peir-Fen Lee was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Dec 24
Vedan International (Holdings) Limited Announces Appointment of Lee Peir-Fen as an Independent Non-Executive Director and Member of the Audit Committee The board of directors of Vedan International (Holdings) Limited announced that Ms. Lee Peir-Fen will be appointed as an independent non-executive director of the Company and member of the Audit Committee of the Company with effect from 24 December 2024. Ms. Lee, aged 57, holds a bachelor's degree in Arts & Crafts from Tung Fang Design University in Taiwan and a master's degree in Business Administration from the Institute of International Business, National Taiwan University. Ms. Lee is currently the chief consultant of Association of Service Industries, Taiwan and an editorial board member of Chung Hua Institute for Economic Research Small and Medium Enterprises White Paper. She is also an independent director of Mister International Enterprise Corp., which is a publicly-traded company on the Taiwan Stock Exchange Corporation. Furthermore, Ms. Lee is currently the honorary secretary general of Taiwan-Chinese Good Food Exchange Association and a member of The Market Development Steering Committee, New Taipei City Government, Taiwan. Ms. Lee was the secretary general of the Association of Chain and Franchise Promotion, Taiwan from 2002 to 2009 and was a lecturer at the School of Management Department of Business Administration of National Taipei University of Business from 2009 to 2016 and 2022. Ms. Lee was the consultant of Global Investments Joint Service Center, Executive Yuan, Taiwan in 2015. Ms. Lee has a letter of appointment with the Company pursuant to which she is appointed as an independent non-executive director of the Company for a fixed term of three years commencing from 24 December 2024. Ms. Lee will be subject to retirement and re-election at the annual general meeting of the Company in accordance with the articles of association of the Company. Ms. Lee will be entitled to a director's fee in the sum of US$16,000 (or such other sum as the Board may from time to time determine) per annum according to the letter of appointment. Such director's fee is determined with reference to Ms. Lee's duties and responsibilities in the Company, the Company's performance and current market situation. Furthermore, Ms. Lee will be reimbursed for all reasonable out-of-pocket costs, fees and expenses properly incurred in the performance of her duties as an independent non-executive director according to the letter of appointment. Board Change • Dec 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 10 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Chung-Fong Huang was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 07
Upcoming dividend of HK$0.021 per share Eligible shareholders must have bought the stock before 12 September 2024. Payment date: 04 October 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 8.9%. Within top quartile of Hong Kong dividend payers (8.5%). Higher than average of industry peers (5.3%). Reported Earnings • Aug 26
First half 2024 earnings released: EPS: US$0.005 (vs US$0.001 loss in 1H 2023) First half 2024 results: EPS: US$0.005 (up from US$0.001 loss in 1H 2023). Revenue: US$185.2m (down 2.0% from 1H 2023). Net income: US$8.33m (up US$9.80m from 1H 2023). Profit margin: 4.5% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Declared Dividend • Aug 23
First half dividend of HK$0.021 announced Shareholders will receive a dividend of HK$0.021. Ex-date: 12th September 2024 Payment date: 4th October 2024 Dividend yield will be 8.0%, which is higher than the industry average of 5.7%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. New Risk • Aug 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$746.1m (US$95.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$746.1m market cap, or US$95.7m). Announcement • Aug 20
Vedan International (Holdings) Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 04 October 2024 Vedan International (Holdings) Limited announced Interim dividend of USD 0.00273 per share for the six months ended 30 June 2024. Ex-dividend date is 12 September 2024. Record date is 20 September 2024. Payment date is 04 October 2024. Buy Or Sell Opportunity • Aug 13
Now 21% undervalued Over the last 90 days, the stock has risen 3.8% to HK$0.55. The fair value is estimated to be HK$0.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Aug 09
Vedan International (Holdings) Limited to Report First Half, 2024 Results on Aug 20, 2024 Vedan International (Holdings) Limited announced that they will report first half, 2024 results on Aug 20, 2024 Announcement • Jun 01
Vedan International (Holdings) Limited Approves Final Dividend for the Year Ended December 31, 2023, Payable on June 11, 2024 Vedan International (Holdings) Limited approved the final dividend of USD 0.2298 cents per share for the year ended December 31, 2023 will be paid in HK dollar ("HKD") on June 11, 2024 to the shareholders registered on the register of members of the Company on June 6, 2024. The HKD equivalent of the final dividend is HKD 1.7896824 cents per share, which is based on the exchange rate of US dollar ("USD") against HKD at USD 1.00 to HKD 7.7880 as quoted by The Hong Kong Association of Banks on May 31, 2024. Ex-dividend date June 4, 2024. Upcoming Dividend • May 28
Upcoming dividend of HK$0.018 per share Eligible shareholders must have bought the stock before 04 June 2024. Payment date: 11 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.0%. Lower than top quartile of Hong Kong dividend payers (7.5%). Higher than average of industry peers (4.7%). New Risk • May 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$761.4m (US$97.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (100% payout ratio). Market cap is less than US$100m (HK$761.4m market cap, or US$97.6m). Buy Or Sell Opportunity • May 20
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to HK$0.50. The fair value is estimated to be HK$0.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • May 17
Upcoming dividend of HK$0.018 per share Eligible shareholders must have bought the stock before 24 May 2024. Payment date: 11 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.8%. Lower than top quartile of Hong Kong dividend payers (7.5%). Higher than average of industry peers (4.6%). Reported Earnings • Apr 21
Full year 2023 earnings released: EPS: US$0.005 (vs US$0.003 loss in FY 2022) Full year 2023 results: EPS: US$0.005 (up from US$0.003 loss in FY 2022). Revenue: US$386.2m (down 14% from FY 2022). Net income: US$6.99m (up US$11.4m from FY 2022). Profit margin: 1.8% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Apr 19
Vedan International (Holdings) Limited, Annual General Meeting, May 21, 2024 Vedan International (Holdings) Limited, Annual General Meeting, May 21, 2024, at 15:00 China Standard Time. Location: Falcon Room I , Gloucester Luk Kwok Hong Kong, 72 Gloucester Road, Wanchai Hong Kong Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and independent auditors for the year ended 31 December 2023; to re-elect executive and non executive director; to re-appoint PricewaterhouseCoopers as auditor and to authorize the board of directors to fix their remuneration; to give a general mandate to the directors to repurchase shares of the Company not exceeding 10% of the total number of issued shares of the Company as at the date of passing of this resolution; to give a general mandate to the directors to issue, allot and deal with additional shares of the Company not exceeding 20% of the total number of issued shares of the Company as at the date of passing of this resolution; to extend the general mandate granted to the directors to issue, allot and deal with additional shares in the capital of the Company by the aggregate number of the shares repurchased by the Company. Announcement • Mar 21
Vedan International (Holdings) Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 11 June 2024 Vedan International (Holdings) Limited proposed final dividend of USD 0.002298 per share for the year ended 31 December 2023 at its shareholders' meeting to be held on 21 May 2024. Ex-dividend date: 24 May 2024. Record date: 30 May 2024. Payment date: 11 June 2024. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: US$0.005 (vs US$0.003 loss in FY 2022) Full year 2023 results: EPS: US$0.005 (up from US$0.003 loss in FY 2022). Revenue: US$386.2m (down 14% from FY 2022). Net income: US$6.99m (up US$11.4m from FY 2022). Profit margin: 1.8% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Mar 20
Now 21% undervalued Over the last 90 days, the stock has risen 9.3% to HK$0.53. The fair value is estimated to be HK$0.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Mar 08
Vedan International (Holdings) Limited to Report Fiscal Year 2023 Results on Mar 19, 2024 Vedan International (Holdings) Limited announced that they will report fiscal year 2023 results on Mar 19, 2024 New Risk • Feb 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 18x cash flows per share. Earnings have declined by 36% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Buy Or Sell Opportunity • Feb 07
Now 30% undervalued Over the last 90 days, the stock has risen 11% to HK$0.50. The fair value is estimated to be HK$0.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Sep 17
First half 2023 earnings released: US$0.001 loss per share (vs US$0 in 1H 2022) First half 2023 results: US$0.001 loss per share (further deteriorated from US$0 in 1H 2022). Revenue: US$188.9m (down 18% from 1H 2022). Net loss: US$1.47m (loss widened US$1.25m from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 07
Upcoming dividend of HK$0.018 per share at 8.3% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 05 October 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 8.3%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.6%). Announcement • Aug 23
Vedan International (Holdings) Limited Announces Ordinary Semi-Annual Dividend for the Six Months Ended 30 June 2023, Payable on 05 October 2023 Vedan International (Holdings) Limited announced ordinary semi-annual dividend of USD 0.00229 per share for the six months ended 30 June 2023. Ex-dividend date is 14 September 2023, record date is 20 September 2023 and payment date is 05 October 2023. Reported Earnings • Aug 23
First half 2023 earnings released: US$0.001 loss per share (vs US$0 in 1H 2022) First half 2023 results: US$0.001 loss per share (further deteriorated from US$0 in 1H 2022). Revenue: US$188.9m (down 18% from 1H 2022). Net loss: US$1.47m (loss widened US$1.25m from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Announcement • Aug 11
Vedan International (Holdings) Limited to Report First Half, 2023 Results on Aug 22, 2023 Vedan International (Holdings) Limited announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Mar 22
Full year 2022 earnings released: US$0.003 loss per share (vs US$0.007 profit in FY 2021) Full year 2022 results: US$0.003 loss per share (down from US$0.007 profit in FY 2021). Revenue: US$451.0m (up 18% from FY 2021). Net loss: US$4.39m (down 140% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 10 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Chung-Fong Huang was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Sep 16
Vedan International (Holdings) Limited Does Not Recommend Interim Dividend in Respect of the Six Months Ended 30 June 2022 The Board of Vedan International (Holdings) Limited does not recommend the payment of interim dividend in respect of the six months ended 30 June 2022 (2021: interim dividend of 0.272 US cents per share amounting to USD 4,152,000 was declared). Reported Earnings • Aug 24
First half 2022 earnings released: EPS: US$0 (vs US$0.007 in 1H 2021) First half 2022 results: EPS: US$0 (down from US$0.007 in 1H 2021). Revenue: US$229.3m (up 17% from 1H 2021). Net loss: US$216.0k (down 102% from profit in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Aug 12
Vedan International (Holdings) Limited to Report First Half, 2022 Results on Aug 23, 2022 Vedan International (Holdings) Limited announced that they will report first half, 2022 results on Aug 23, 2022 Buying Opportunity • Jul 21
Now 26% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be HK$0.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Announcement • Jul 16
Vedan International (Holdings) Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2022 Vedan International (Holdings) Limited provided group earnings guidance for the six months ended 30 June 2022. For the six months, the company announced that based on its preliminary review of the Group's unaudited consolidated management accounts for the six months ended 30 June 2022 (the "Management Accounts"), it is expected that the Group will record a decrease of approximately 70% to 90% in the consolidated net profit for the six months ended 30 June 2022 as compared to that for the six months ended 30 June 2021. The company believes that the expected decrease of approximately 70% to 90% in the consolidated net profit of the Group for the six months ended 30 June 2022 as compared to that for the corresponding period in the last year was mainly affected by the following factors: Due to the onslaught of the resurgence of the COVID-19 pandemic, the effects of the Russia- Ukraine war, the soaring of international energy prices and the slowdown in the global economic growth, the subsidiaries of the Company were severely affected in the supply of raw materials, the production utilization rate, sales volume of some major products as well as the costs of transportation by land and sea freight, which resulted in a significant increase in operating costs. Although the Group has adopted the strategies for raising prices for its products, the price increase in some products cannot fully compensate the rise in costs and expenses, which ultimately led to a significant year-on-year decrease in the consolidated net profit of the Group. Announcement • May 26
Vedan International (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2021, Payable on June 14, 2022 Vedan International (Holdings) Limited approved a final dividend of 0.162 US cents per share for the year ended 31 December 2021, at its annual general meeting held on 24 May 2022. The final dividend of 0.162 US cents per share for the year ended 31 December 2021 will be paid in HKD on 14 June 2022 to the shareholders registered on the register of members of the Company on 1 June 2022. The HKD equivalent of the final dividend is 7.8195 HK cents per share, which is based on the exchange rate of USD against HKD at USD 1.00 to HKD 1.266759 as quoted by The Hong Kong Association of Banks on 24 May 2022. Upcoming Dividend • May 19
Upcoming dividend of HK$0.013 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 60% and the cash payout ratio is 83%. Trailing yield: 5.7%. Lower than top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (4.0%). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 10 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Chung-Fong Huang was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 27
Vedan International (Holdings) Limited Provides Group Earnings Guidance for the Ten Months Ended October 31, 2021 Vedan International (Holdings) Limited provided group earnings guidance for the ten months ended October 31, 2021. The company expects to record decrease of approximately 40% to 50% in the consolidated net profit as compared to that for the ten months ended 31 October 2020. Upcoming Dividend • Sep 08
Upcoming dividend of HK$0.021 per share Eligible shareholders must have bought the stock before 15 September 2021. Payment date: 06 October 2021. Trailing yield: 7.6%. Within top quartile of Hong Kong dividend payers (6.5%). Higher than average of industry peers (3.3%). Reported Earnings • Aug 26
First half 2021 earnings released: EPS US$0.007 (vs US$0.004 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$196.1m (up 13% from 1H 2020). Net income: US$10.4m (up 76% from 1H 2020). Profit margin: 5.3% (up from 3.4% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. Announcement • May 19
Vedan International (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2020 Vedan International (Holdings) Limited announced that at the annual general meeting held on 18 May 2021 approved to declare a final dividend of 0.462 US cents per share for the year ended 31 December 2020. Reported Earnings • Apr 18
Full year 2020 earnings released: EPS US$0.011 (vs US$0.01 in FY 2019) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$360.7m (flat on FY 2019). Net income: US$16.7m (up 7.0% from FY 2019). Profit margin: 4.6% (up from 4.3% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS US$0.011 (vs US$0.01 in FY 2019) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$360.7m (flat on FY 2019). Net income: US$16.7m (up 7.0% from FY 2019). Profit margin: 4.6% (up from 4.3% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Mar 12
Vedan International (Holdings) Limited to Report Fiscal Year 2020 Results on Mar 23, 2021 Vedan International (Holdings) Limited announced that they will report fiscal year 2020 results on Mar 23, 2021 Is New 90 Day High Low • Mar 11
New 90-day high: HK$0.79 The company is up 5.0% from its price of HK$0.75 on 11 December 2020. The Hong Kong market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 8.0% over the same period. Is New 90 Day High Low • Nov 26
New 90-day high: HK$0.80 The company is up 5.0% from its price of HK$0.76 on 28 August 2020. The Hong Kong market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is down 3.0% over the same period. Is New 90 Day High Low • Oct 07
New 90-day low: HK$0.70 The company is down 7.0% from its price of HK$0.75 on 09 July 2020. The Hong Kong market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 4.0% over the same period. Announcement • Aug 14
Vedan International (Holdings) Limited to Report First Half, 2020 Results on Aug 25, 2020 Vedan International (Holdings) Limited announced that they will report first half, 2020 results on Aug 25, 2020