SEHK:3331

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Vinda International Holdings

Market Cap

HK$26.3b

Last Updated

2021/07/30 17:31 UTC

Data Sources

Company Financials +

Executive Summary

Vinda International Holdings Limited, an investment holding company, manufactures and sells household paper and personal care products in Mainland China, Hong Kong, Malaysia, Japan, Taiwan, and internationally. More Details


Snowflake Analysis

Excellent balance sheet average dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 3331 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 3331's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

6.3%

3331

-9.0%

HK Household Products

-4.3%

HK Market


1 Year Return

-24.9%

3331

-8.7%

HK Household Products

8.2%

HK Market

Return vs Industry: 3331 underperformed the Hong Kong Household Products industry which returned -8.7% over the past year.

Return vs Market: 3331 underperformed the Hong Kong Market which returned 8.2% over the past year.


Shareholder returns

3331IndustryMarket
7 Day6.3%-9.0%-4.3%
30 Day-8.4%-27.0%-9.4%
90 Day-20.8%-29.1%-9.8%
1 Year-23.4%-24.9%-7.1%-8.7%12.0%8.2%
3 Year60.3%53.4%14.5%9.0%10.0%-2.3%
5 Year56.3%45.8%68.9%55.8%38.9%14.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3331 (HK$21.9) is trading below our estimate of fair value (HK$54.45)

Significantly Below Fair Value: 3331 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3331 is poor value based on its PE Ratio (13.6x) compared to the Hong Kong Household Products industry average (13.2x).

PE vs Market: 3331 is poor value based on its PE Ratio (13.6x) compared to the Hong Kong market (10.7x).


Price to Earnings Growth Ratio

PEG Ratio: 3331 is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: 3331 is overvalued based on its PB Ratio (2.1x) compared to the HK Household Products industry average (2x).


Future Growth

How is Vinda International Holdings forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

12.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3331's forecast earnings growth (12.5% per year) is above the savings rate (1.5%).

Earnings vs Market: 3331's earnings (12.5% per year) are forecast to grow slower than the Hong Kong market (18.5% per year).

High Growth Earnings: 3331's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3331's revenue (9.3% per year) is forecast to grow slower than the Hong Kong market (12.4% per year).

High Growth Revenue: 3331's revenue (9.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3331's Return on Equity is forecast to be low in 3 years time (16.1%).


Past Performance

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

31.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3331 has high quality earnings.

Growing Profit Margin: 3331's current net profit margins (10.7%) are higher than last year (10.2%).


Past Earnings Growth Analysis

Earnings Trend: 3331's earnings have grown significantly by 31.1% per year over the past 5 years.

Accelerating Growth: 3331's earnings growth over the past year (19.7%) is below its 5-year average (31.1% per year).

Earnings vs Industry: 3331 earnings growth over the past year (19.7%) underperformed the Household Products industry 21.2%.


Return on Equity

High ROE: 3331's Return on Equity (15.7%) is considered low.


Financial Health

How is Vinda International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 3331's short term assets (HK$8.8B) exceed its short term liabilities (HK$7.0B).

Long Term Liabilities: 3331's short term assets (HK$8.8B) exceed its long term liabilities (HK$4.7B).


Debt to Equity History and Analysis

Debt Level: 3331's debt to equity ratio (41.2%) is considered high.

Reducing Debt: 3331's debt to equity ratio has reduced from 82.8% to 41.2% over the past 5 years.

Debt Coverage: 3331's debt is well covered by operating cash flow (37.1%).

Interest Coverage: 3331's interest payments on its debt are well covered by EBIT (22.7x coverage).


Balance Sheet


Dividend

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

2.15%

Current Dividend Yield


Upcoming Dividend Payment

TodayJul 31 2021Ex Dividend DateAug 18 2021Dividend Pay DateSep 07 202120 days from Ex DividendBuy in the next 18 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 3331's dividend (2.15%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.07%).

High Dividend: 3331's dividend (2.15%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.47%).


Stability and Growth of Payments

Stable Dividend: 3331's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3331's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.2%), 3331's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 3331's dividends in 3 years are forecast to be well covered by earnings (29% payout ratio).


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Karen Li (35 yo)

0.75

Tenure

HK$18,316,676

Compensation

Ms. Jielin Li, also known as Karen, serves as Chief Executive Officer at Vinda International Holdings Limited since October 1, 2020 and serves as its Executive Director since October 1, 2015. She served as...


CEO Compensation Analysis

Compensation vs Market: Karen's total compensation ($USD2.36M) is above average for companies of similar size in the Hong Kong market ($USD718.46K).

Compensation vs Earnings: Karen's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 3331's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 3331's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 3331 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

Vinda International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vinda International Holdings Limited
  • Ticker: 3331
  • Exchange: SEHK
  • Founded: 1985
  • Industry: Household Products
  • Sector: Household
  • Market Cap: HK$26.298b
  • Shares outstanding: 1.20b
  • Website: https://www.vinda.com

Number of Employees


Location

  • Vinda International Holdings Limited
  • Penthouse
  • East Ocean Centre
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings


Biography

Vinda International Holdings Limited, an investment holding company, manufactures and sells household paper and personal care products in Mainland China, Hong Kong, Malaysia, Japan, Taiwan, and internation...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 17:31
End of Day Share Price2021/07/30 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.