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Updated 1d ago
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VSTECS Holdings LimitedSZSC:856 Stock Report

Market Cap HK$13.6b
Updated 1d ago
Share Price
n/a
1Y-8.6%
7D-6.7%
1D-2.0%
Portfolio Value
​
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VSTECS Holdings Limited

SZSC:856 Stock Report

Market Cap: HK$13.6b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

VSTECS Holdings (856) Stock Overview

An investment holding company, develops information technology IT product channel and provides technical solution integration services in North Asia and Southeast Asia. More details

856 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends4/6

Rewards

Trading at 51.5% below our estimate of its fair value

Earnings are forecast to grow 11.88% per year

Earnings grew by 37.1% over the past year

Analysts in good agreement that stock price will rise by 37.3%

Risk Analysis

Unstable dividend track record


856 Community Fair Values

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HK$
Current Price
HK$9.4912.1% undervalued intrinsic discount
%/yr
Decrease
Increase
PastFuture0179b2016201920222025202620282031Revenue HK$179.1bEarnings HK$2.8b
Advanced
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VSTECS Holdings Limited Competitors

Ingdan

Symbol: SEHK:400
Market cap: HK$7.9b

S.A.S. Dragon Holdings

Symbol: SEHK:1184
Market cap: HK$5.6b

Smart-Core Holdings

Symbol: SEHK:2166
Market cap: HK$1.8b

Changhong Jiahua Holdings

Symbol: SEHK:3991
Market cap: HK$1.6b

Price History & Performance

Summary of share price highs, lows and changes for VSTECS Holdings
Historical stock prices
Current Share PriceHK$9.49
52 Week HighHK$12.72
52 Week LowHK$7.25
Beta0.47
1 Month Change-11.47%
3 Month Change-9.45%
1 Year Change-8.57%
3 Year Change124.35%
5 Year Change32.36%
Change since IPO136.07%

Recent News & Updates

Recent updates

Shareholder Returns

856HK ElectronicHK Market
7D-6.7%-0.6%-2.9%
1Y-8.6%8.8%-6.2%

Return vs Industry: 856 underperformed the Hong Kong Electronic industry which returned 8.8% over the past year.

Return vs Market: 856 underperformed the Hong Kong Market which returned -6.2% over the past year.

Price Volatility

Is 856's price volatile compared to industry and market?
856 volatility
856 Average Weekly Movement7.5%
Electronic Industry Average Movement9.4%
Market Average Movement7.6%
10% most volatile stocks in HK Market15.1%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 856 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 856's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19915,821David Liwww.vstecs.com

VSTECS Holdings Limited, an investment holding company, develops information technology IT product channel and provides technical solution integration services in North Asia and Southeast Asia. It operates through three segments: Consumer Electronics, Enterprise Systems, and Cloud Computing. The Consumer Electronics segment offers finished IT products, including computers, mobile phones, drones, smart sports watches, 3D printers, game consoles, etc. Its Enterprise Systems segment provides enterprise system tools, such as middleware, operating systems, Unix/NT servers, databases, and storage equipment for IT infrastructure, as well as IT infrastructure design and implementation, training, maintenance, and support services.

VSTECS Holdings Limited Fundamentals Summary

How do VSTECS Holdings's earnings and revenue compare to its market cap?
856 fundamental statistics
Market capHK$13.57b
Earnings (TTM)HK$1.66b
Revenue (TTM)HK$104.72b
8.2x
P/E Ratio
0.1x
P/S Ratio

Is 856 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
856 income statement (TTM)
RevenueHK$104.72b
Cost of RevenueHK$99.92b
Gross ProfitHK$4.80b
Other ExpensesHK$3.15b
EarningsHK$1.66b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.16
Gross Margin4.59%
Net Profit Margin1.58%
Debt/Equity Ratio121.0%

How did 856 perform over the long term?

See historical performance and comparison

Dividends

4.4%
Current Dividend Yield
35%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 06:10
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

VSTECS Holdings Limited is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zeyuan YangCitic Securities Co., Ltd.
Saiyi HeCMB International Securities Limited
Li XiongGuosen Securities Co., Ltd.

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