VSING Limited

SEHK:8292 Stock Report

Market Cap: HK$197.3m

VSING Past Earnings Performance

Past criteria checks 0/6

VSING's earnings have been declining at an average annual rate of -39%, while the Logistics industry saw earnings growing at 17% annually. Revenues have been growing at an average rate of 5.3% per year.

Key information

-39.02%

Earnings growth rate

-9.69%

EPS growth rate

Logistics Industry Growth10.41%
Revenue growth rate5.26%
Return on equity-123.35%
Net Margin-60.43%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Analysis Article Dec 22

VSING Limited's (HKG:8292) Price Is Out Of Tune With Revenues

When close to half the companies in the Logistics industry in Hong Kong have price-to-sales ratios (or "P/S") below...
Analysis Article Apr 18

Worldgate Global Logistics Ltd (HKG:8292) Stock Rockets 55% As Investors Are Less Pessimistic Than Expected

Despite an already strong run, Worldgate Global Logistics Ltd ( HKG:8292 ) shares have been powering on, with a gain of...
Analysis Article Feb 12

Worldgate Global Logistics Ltd's (HKG:8292) 40% Jump Shows Its Popularity With Investors

Worldgate Global Logistics Ltd ( HKG:8292 ) shares have had a really impressive month, gaining 40% after a shaky period...
Analysis Article Nov 19

Worldgate Global Logistics Ltd's (HKG:8292) Share Price Is Still Matching Investor Opinion Despite 50% Slump

Worldgate Global Logistics Ltd ( HKG:8292 ) shareholders won't be pleased to see that the share price has had a very...
Analysis Article Oct 04

Why Investors Shouldn't Be Surprised By Worldgate Global Logistics Ltd's (HKG:8292) 36% Share Price Surge

Worldgate Global Logistics Ltd ( HKG:8292 ) shareholders would be excited to see that the share price has had a great...
Analysis Article Jul 02

Take Care Before Jumping Onto Worldgate Global Logistics Ltd (HKG:8292) Even Though It's 27% Cheaper

Worldgate Global Logistics Ltd ( HKG:8292 ) shareholders that were waiting for something to happen have been dealt a...
Analysis Article Mar 06

Worldgate Global Logistics Ltd (HKG:8292) Might Not Be As Mispriced As It Looks

It's not a stretch to say that Worldgate Global Logistics Ltd's ( HKG:8292 ) price-to-sales (or "P/S") ratio of 0.2x...
Analysis Article Apr 17

Positive Sentiment Still Eludes Worldgate Global Logistics Ltd (HKG:8292) Following 62% Share Price Slump

To the annoyance of some shareholders, Worldgate Global Logistics Ltd ( HKG:8292 ) shares are down a considerable 62...
Analysis Article Sep 21

Is Worldgate Global Logistics (HKG:8292) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 12

Does Worldgate Global Logistics (HKG:8292) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 16

Does Worldgate Global Logistics (HKG:8292) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 09

Health Check: How Prudently Does Worldgate Global Logistics (HKG:8292) Use Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Revenue & Expenses Breakdown

How VSING makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:8292 Revenue, expenses and earnings (MYR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 25123-74260
30 Sep 25114-38220
30 Jun 25105-2180
31 Mar 2595-4170
31 Dec 2485-6170
30 Sep 2494-17170
30 Jun 24102-20190
31 Mar 24108-21190
31 Dec 23116-20200
30 Sep 23116-17290
30 Jun 23117-15280
31 Mar 23123-15310
31 Dec 22135-13300
30 Sep 22129-12230
30 Jun 22118-12220
31 Mar 22110-10190
31 Dec 2189-12180
30 Sep 2176-3150
30 Jun 2174-3150
31 Mar 2171-2160
31 Dec 2069-2150
30 Sep 2072-5170
30 Jun 2066-3160
31 Mar 2063-4150
31 Dec 1964-5160
30 Sep 1969-4150
30 Jun 1974-4160
31 Mar 1975-4160
31 Dec 1874-4150
30 Sep 1882-4160
30 Jun 1885-4160
31 Mar 1892-3160
31 Dec 1796-2160
30 Sep 171163140
30 Jun 171174140
31 Mar 17111190
31 Dec 161070130
30 Sep 1684-4120
30 Jun 1687-1110
31 Mar 16865140
31 Dec 15837100

Quality Earnings: 8292 is currently unprofitable.

Growing Profit Margin: 8292 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 8292 is unprofitable, and losses have increased over the past 5 years at a rate of 39% per year.

Accelerating Growth: Unable to compare 8292's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8292 is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-0.5%).


Return on Equity

High ROE: 8292 has a negative Return on Equity (-123.35%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/26 02:56
End of Day Share Price 2026/06/26 00:00
Earnings2025/12/31
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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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

VSING Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.