V.S. Industry Berhad

KLSE:VS Stock Report

Market Cap: RM 867.3m

V.S. Industry Berhad Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Sem Gan

Chief executive officer

RM 1.9m

Total compensation

CEO salary percentage55.02%
CEO tenure38.4yrs
CEO ownership5.6%
Management average tenure11.9yrs
Board average tenure9.6yrs

Recent management updates

Analysis Article • Jan 02

Here's Why It's Unlikely That V.S. Industry Berhad's (KLSE:VS) CEO Will See A Pay Rise This Year

Key Insights V.S. Industry Berhad's Annual General Meeting to take place on 9th of January Total pay for CEO Sem Gan...
Analysis Article • Dec 27

We Think V.S. Industry Berhad's (KLSE:VS) CEO Compensation Package Needs To Be Put Under A Microscope

Key Insights V.S. Industry Berhad to hold its Annual General Meeting on 3rd of January CEO Sem Gan's total compensation...

Recent updates

Analysis Article • Jan 02

Here's Why It's Unlikely That V.S. Industry Berhad's (KLSE:VS) CEO Will See A Pay Rise This Year

Key Insights V.S. Industry Berhad's Annual General Meeting to take place on 9th of January Total pay for CEO Sem Gan...
Analysis Article • Nov 04

We Think V.S. Industry Berhad (KLSE:VS) Can Stay On Top Of Its 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 • Oct 07

V.S. Industry Berhad's (KLSE:VS) Conservative Accounting Might Explain Soft Earnings

Shareholders appeared unconcerned with V.S. Industry Berhad's ( KLSE:VS ) lackluster earnings report last week. We...
Analysis Article • Oct 06

Downgrade: Here's How Analysts See V.S. Industry Berhad (KLSE:VS) Performing In The Near Term

Market forces rained on the parade of V.S. Industry Berhad ( KLSE:VS ) shareholders today, when the analysts downgraded...
Analysis Article • Oct 02

Earnings Miss: V.S. Industry Berhad Missed EPS By 66% And Analysts Are Revising Their Forecasts

V.S. Industry Berhad ( KLSE:VS ) just released its latest yearly report and things are not looking great. It wasn't a...
Analysis Article • Aug 27

Is V.S. Industry Berhad (KLSE:VS) Worth RM0.7 Based On Its Intrinsic Value?

Key Insights Using the 2 Stage Free Cash Flow to Equity, V.S. Industry Berhad fair value estimate is RM0.56 V.S...
Analysis Article • Aug 11

Investors Appear Satisfied With V.S. Industry Berhad's (KLSE:VS) Prospects

With a price-to-earnings (or "P/E") ratio of 20.2x V.S. Industry Berhad ( KLSE:VS ) may be sending bearish signals at...
Analysis Article • Jun 27

Is V.S. Industry Berhad (KLSE:VS) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • May 14

Slowing Rates Of Return At V.S. Industry Berhad (KLSE:VS) Leave Little Room For Excitement

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Apr 28

A Look At The Fair Value Of V.S. Industry Berhad (KLSE:VS)

Key Insights V.S. Industry Berhad's estimated fair value is RM0.85 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article • Apr 07

Take Care Before Jumping Onto V.S. Industry Berhad (KLSE:VS) Even Though It's 26% Cheaper

Unfortunately for some shareholders, the V.S. Industry Berhad ( KLSE:VS ) share price has dived 26% in the last thirty...
Analysis Article • Apr 01

Analysts Are More Bearish On V.S. Industry Berhad (KLSE:VS) Than They Used To Be

Today is shaping up negative for V.S. Industry Berhad ( KLSE:VS ) shareholders, with the analysts delivering a...
Analysis Article • Mar 11

At RM0.89, Is It Time To Put V.S. Industry Berhad (KLSE:VS) On Your Watch List?

V.S. Industry Berhad ( KLSE:VS ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article • Feb 25

V.S. Industry Berhad (KLSE:VS) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jan 28

Be Wary Of V.S. Industry Berhad (KLSE:VS) And Its Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Dec 27

We Think V.S. Industry Berhad's (KLSE:VS) CEO Compensation Package Needs To Be Put Under A Microscope

Key Insights V.S. Industry Berhad to hold its Annual General Meeting on 3rd of January CEO Sem Gan's total compensation...
Analysis Article • Nov 18

Should You Investigate V.S. Industry Berhad (KLSE:VS) At RM1.09?

V.S. Industry Berhad ( KLSE:VS ), is not the largest company out there, but it saw a double-digit share price rise of...
Analysis Article • Nov 03

V.S. Industry Berhad's (KLSE:VS) Price In Tune With Earnings

V.S. Industry Berhad's ( KLSE:VS ) price-to-earnings (or "P/E") ratio of 19.5x might make it look like a sell right now...
Analysis Article • Jul 22

Should You Think About Buying V.S. Industry Berhad (KLSE:VS) Now?

V.S. Industry Berhad ( KLSE:VS ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article • Jun 21

Earnings Tell The Story For V.S. Industry Berhad (KLSE:VS) As Its Stock Soars 29%

Despite an already strong run, V.S. Industry Berhad ( KLSE:VS ) shares have been powering on, with a gain of 29% in the...
Analysis Article • May 21

These 4 Measures Indicate That V.S. Industry Berhad (KLSE:VS) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Apr 03

Some May Be Optimistic About V.S. Industry Berhad's (KLSE:VS) Earnings

V.S. Industry Berhad's ( KLSE:VS ) recent soft profit numbers didn't appear to worry shareholders, as the stock price...
Analysis Article • Oct 04

V.S. Industry Berhad (KLSE:VS) Has More To Do To Multiply In Value Going Forward

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article • Sep 02

We Think V.S. Industry Berhad (KLSE:VS) Can Stay On Top Of Its 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 • Jun 16

What Does V.S. Industry Berhad's (KLSE:VS) Share Price Indicate?

V.S. Industry Berhad ( KLSE:VS ), is not the largest company out there, but it saw a decent share price growth in the...
Analysis Article • Feb 15

V.S. Industry Berhad's (KLSE:VS) Shareholders Will Receive A Bigger Dividend Than Last Year

V.S. Industry Berhad's ( KLSE:VS ) dividend will be increasing from last year's payment of the same period to MYR0.005...
Analysis Article • Feb 01

V.S. Industry Berhad's (KLSE:VS) Shareholders Will Receive A Bigger Dividend Than Last Year

V.S. Industry Berhad's ( KLSE:VS ) dividend will be increasing from last year's payment of the same period to MYR0.005...

CEO Compensation Analysis

How has Sem Gan's remuneration changed compared to V.S. Industry Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 30 2026n/an/a

-RM 65m

Jan 31 2026n/an/a

-RM 8m

Oct 31 2025n/an/a

RM 37m

Jul 31 2025RM 2mRM 1m

RM 37m

Apr 30 2025n/an/a

RM 144m

Jan 31 2025n/an/a

RM 180m

Oct 31 2024n/an/a

RM 184m

Jul 31 2024RM 2mRM 2m

RM 204m

Apr 30 2024n/an/a

RM 207m

Jan 31 2024n/an/a

RM 175m

Oct 31 2023n/an/a

RM 186m

Jul 31 2023RM 3mRM 2m

RM 196m

Apr 30 2023n/an/a

RM 153m

Jan 31 2023n/an/a

RM 178m

Oct 31 2022n/an/a

RM 192m

Jul 31 2022RM 2mRM 2m

RM 171m

Apr 30 2022n/an/a

RM 177m

Jan 31 2022n/an/a

RM 199m

Oct 31 2021n/an/a

RM 218m

Jul 31 2021RM 2mRM 1m

RM 245m

Apr 30 2021n/an/a

RM 259m

Jan 31 2021n/an/a

RM 166m

Oct 31 2020n/an/a

RM 135m

Jul 31 2020RM 1mRM 931k

RM 116m

Apr 30 2020n/an/a

RM 118m

Jan 31 2020n/an/a

RM 169m

Oct 31 2019n/an/a

RM 174m

Jul 31 2019RM 1mRM 820k

RM 165m

Compensation vs Market: Sem's total compensation ($USD467.75K) is above average for companies of similar size in the MY market ($USD207.83K).

Compensation vs Earnings: Sem's compensation has been consistent with company performance over the past year.

CEO

Sem Gan (70 yo)

38.4yrs
Tenure
RM 1,914,000
Compensation

Datuk Sem Yam Gan had been the Managing Director of VS International Group Ltd., since July 16, 2001 until September 01, 2023. Mr. Gan serves as the Managing Director of V.S. Industry Berhad.where he is r...

Leadership Team

NamePositionTenureCompensationOwnership
Kim Beh
Executive Chairman43.9yrsRM 1.89m9.67%
MYR 83.9m
Sem Gan
MD & Executive Directorno dataRM 1.91m5.57%
MYR 48.3m
Chin Chong
Group Financial Controllerno dataRM 1.89m0.055%
MYR 477.1k
Yong Ng
Operation Director & Executive Director20.9yrsRM 1.60m0.0082%
MYR 71.5k
Tiong Gan
Executive Directorno dataRM 1.14m1.66%
MYR 14.4m
Chern Beh
Executive Director6yrsRM 2.60m1.51%
MYR 13.1m
Pee Gan
Executive Director6yrsRM 2.12m2.09%
MYR 18.1m
Chelynn Lim
Compliance Officerno datano datano data
Mohamad Bin Yusof
President Director of PT. V.S. Technology Indonesia21.5yrsno datano data
Mei Chiam
Joint Company Secretary11.9yrsno datano data
Pow Juliet
Joint Secretary1yrno datano data
11.9yrs
Average Tenure
63yo
Average Age

Experienced Management: VS's management team is seasoned and experienced (11.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kim Beh
Executive Chairman43.9yrsRM 1.89m9.67%
MYR 83.9m
Sem Gan
MD & Executive Director38.4yrsRM 1.91m5.57%
MYR 48.3m
Chin Chong
Group Financial Controller11.9yrsRM 1.89m0.055%
MYR 477.1k
Yong Ng
Operation Director & Executive Director20.9yrsRM 1.60m0.0082%
MYR 71.5k
Tiong Gan
Executive Director38.4yrsRM 1.14m1.66%
MYR 14.4m
Chern Beh
Executive Director6yrsRM 2.60m1.51%
MYR 13.1m
Pee Gan
Executive Director6yrsRM 2.12m2.09%
MYR 18.1m
Mohamad Bin Yusof
President Director of PT. V.S. Technology Indonesia21.5yrsno datano data
Pui Tan
Independent Non-Executive Director7.3yrsRM 138.00kno data
Beng Wee
Independent Non-Executive Director3.7yrsRM 134.00kno data
Cheer Wong
Independent Non-Executive Director5.6yrsRM 171.00k0.15%
MYR 1.3m
Kim Lai
Independent Non-Executive Director2.9yrsRM 105.00kno data
9.6yrs
Average Tenure
63yo
Average Age

Experienced Board: VS's board of directors are considered experienced (9.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/20 06:57
End of Day Share Price 2026/07/20 00:00
Earnings2026/04/30
Annual Earnings2025/07/31

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

V.S. Industry Berhad is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yi Jing ChuaAffin Hwang Investment Bank
Tze OngAffin Hwang Investment Bank
Minwei MakBerjaya Securities Sdn Bhd.