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    Communication Equipment
Vtech Holdings Limited

Vtech Holdings Limited

0303.HK
Vtech Holdings LimitedHK flagHong Kong Stock Exchange
52.50
HKD
+0.95
- -
13.30BMarket Cap
Vtech Holdings Limited
0303.HK
(Hong Kong Stock Exchange)

Recent

price

52.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
FRC
6.91
7.16
7.43
7.57
7.49
7.39
8.28
8.48
8.6
8.6
9.41
9.4
8.88
8.49
8.62
8.01
Revenue per Share
0.81
0.77
0.81
0.81
0.79
0.72
0.71
0.82
0.68
0.76
0.92
0.69
0.59
0.66
0.62
0.53
Basic EPS, GAAP
0.52
0.73
0.67
0.81
0.79
0.7
0.6
0.55
0.84
0.8
0.92
0.41
0.84
1.28
0.78
0.37
Free Cash Flow per Basic Share
0.78
0.78
0.76
0.8
0.81
0.78
0.42
0.7
0.8
0.67
0.53
0.91
0.68
0.59
0.65
0.61
Dividend per Share
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
Book Value per Share
2.19
2.19
2.2
2.24
2.15
2.09
2.12
2.37
2.2
2.18
2.69
2.49
2.31
2.35
2.35
2.36
Tangible Book Value per Share
248
249
250
251
251
251
251
251
251
252
252
252
252
253
253
253
Basic Weighted Avg Shares
1,713
1,784
1,858
1,899
1,880
1,856
2,079
2,130
2,162
2,166
2,372
2,370
2,242
2,146
2,177
2,028
Sales/Revenue/Turnover
12.77
11.74
12.05
11.93
11.71
10.9
9.62
10.66
8.66
9.87
11.04
8.62
8.07
9.18
8.55
8.52
Operating Margin (%)
33
28
29
31
32
35
35
36
38
57
59
65
56
55
55
55
Depreciation Expense
202
192
202
204
198
181
179
206
171
191
231
173
149
167
157
134
Net Income, GAAP
8.67
9.31
10.68
10.61
10.65
10.68
10.54
10.69
10.92
10.17
10.95
11.25
11.45
12.91
15.43
19.6
Effective Tax Rate (%)
11.79
10.75
10.84
10.73
10.54
9.77
8.61
9.68
7.92
8.81
9.73
7.29
6.66
7.76
7.2
6.61
Profit Margin (%)
459
457
477
488
467
446
453
504
453
448
557
514
492
486
488
481
Working Capital
- -
- -
- -
- -
- -
- -
1
- -
- -
147
189
176
163
140
126
106
LT Debt
544
547
550
562
541
525
585
647
607
602
731
679
635
645
644
647
Total Equity
24.45
22.35
28.25
36.47
35.66
33.94
32.18
32.86
26.65
27.95
27.22
19.84
18.89
21.12
19.64
17.52
Return on Invested Capital (%)
68.86
61.44
118.56
1,630.4
1,584.8
1,451.2
1,340.82
1,539.55
1,365.89
207.3
119.75
84.6
79.48
93.93
97.83
93.32
Return on Capital (%)
1,629.03
1,541.37
1,612
1,630.4
1,584.8
1,451.2
1,432
1,643.82
1,359.52
1,513.49
1,832.54
1,370.63
1,184.13
1,322.22
1,239.53
1,055.91
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.48%
-2.33%
0.45%
Free Cash Flow
5.05%
1.81%
-52.71%
Net Income, GAAP
-1.82%
-9.5%
-14.48%
Sales/Revenue/Turnover
1.05%
-3.04%
-6.88%
Total Cash Common Dividend
3.57%
7.54%
-6.14%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2,146
2025
- -
- -
- -
- -
2,177
2026
- -
- -
- -
- -
2,028

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.66
2025
- -
- -
- -
- -
0.62
2026
- -
- -
- -
- -
0.53

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.59
2025
- -
- -
- -
- -
0.65
2026
- -
- -
- -
- -
0.61
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Business
VTech Holdings Limited designs, manufactures, and sells a diverse range of electronic products, primarily focusing on electronic learning products for infants, toddlers, and preschool children under the VTech and LeapFrog brands. The company is the world’s largest supplier of residential telephones, offering a broad portfolio of communication products, including corded and cordless phones, business phones, and conference phone systems. VTech also provides contract manufacturing services (CMS) with turnkey electronic manufacturing solutions for industries such as healthcare, professional audio, wireless products, power supplies, and solid-state lighting. The company operates globally, with significant manufacturing facilities in Malaysia and Mexico, and sales distributed across North America, Europe, and Asia Pacific. Founded in 1976 and headquartered in Hong Kong, VTech has recently expanded its global footprint through the acquisition of Gigaset assets, enhancing economies of scale and market access. This acquisition supports VTech’s strategic growth by shortening product lead times and simplifying supply chains. In 2024 and 2025, VTech has invested in increasing production capacity, including a new warehouse in Malaysia to boost manufacturing space by 30% and fully operationalizing its Mexican facility to fulfill on-shoring requirements for U.S. customers. Additionally, the company is progressing toward implementing Industry 4.0 technologies in its manufacturing sites to improve efficiency, cost-effectiveness, and service. The company reported a slight decline in group revenue recently but improved gross profit margins, driven by operational excellence and strategic expansions. VTech emphasizes product innovation and market share gains while maintaining a solid balance sheet and reputable brands. Its target markets include consumers of electronic learning toys, residential phone users, and corporate clients requiring electronics manufacturing services. This comprehensive approach positions VTech as a leading integrated design manufacturer in the consumer electronics and contract manufacturing sectors globally.