V.S. International Group Limited

V.S. International Group Limited

HHKEX:1002
0.05
HKD
+0.00
(-2.13%)
185.82MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
1.03
0.73
0.75
0.53
0.45
0.67
0.5
0.28
0.21
0.11
0.05
0.03
0.02
- -
Basic EPS, GAAP
-0.05
-0.02
-0.01
-0.01
-0.02
0.01
- -
-0.05
-0.01
- -
-0.02
-0.01
- -
- -
Free Cash Flow per Basic Share
0.07
0.05
- -
0.02
- -
0.01
-0.04
0.02
0.03
- -
0.02
0.01
-0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.27
0.23
0.21
0.22
0.21
0.22
0.22
0.17
0.15
0.15
0.13
0.12
0.11
0.11
Tangible Book Value per Share
0.25
0.22
0.2
0.21
0.2
0.21
0.22
0.16
0.15
0.15
0.13
0.12
0.11
0.11
Basic Weighted Avg Shares
1,216
1,322
1,461
1,775
1,986
1,899
2,253
2,308
2,308
2,308
2,308
2,308
2,511
2,320
Sales/Revenue/Turnover
1,247
965
1,091
934
884
1,271
1,116
649
482
256
121
76
56
- -
Operating Margin (%)
0.17
-2.1
0.87
0.81
2.46
3.88
1.28
-9.63
0.71
3.26
-19.08
-18.86
-92.54
- -
Depreciation Expense
78
66
55
46
49
55
50
56
29
25
23
13
- -
- -
Net Income, GAAP
-61
-30
-20
-23
-33
13
-9
-122
-34
-6
-48
-22
-10
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
42.86
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-4.88
-3.13
-1.88
-2.48
-3.68
1.06
-0.79
-18.82
-6.99
-2.19
-39.74
-29.2
-16.95
- -
Working Capital
-44
-16
2
14
-16
-70
18
13
64
92
105
69
42
42
LT Debt
212
179
155
117
85
49
11
23
39
36
37
- -
40
40
Total Equity
330
329
326
428
400
426
510
391
357
351
302
279
343
343
Return on Invested Capital (%)
- -
- -
- -
- -
- -
3.77
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
2.97
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-16.96
-9.15
-6.25
-6.15
-7.85
3.26
-1.89
-27.1
-9.02
-1.59
-14.78
-7.68
-3.38
- -

Capital Structure

CNY

•

in mil. unless spec.
Jul'23
Jan'24
Jul'24
ST Debt
35
30
108
LT Borrowings
- -
- -
26
LT Finance Leases
- -
- -
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,308
2,308
2,511
Market Capitalization
171
188
172

Working Capital

CNY

•

in mil. unless spec.
Jul'23
Jan'24
Jul'24
Total Current Assets
121
94
245
Cash, Cash Equivalents & STI
85
78
85
Accounts Receivable, Net
26
- -
56
Inventories
8
- -
85
Total Current Liabilities
51
37
203
Payables & Accruals
- -
- -
- -
ST Debt
35
30
108
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.87%
-1.84%
22.72%
Free Cash Flow
-320.12%
16.6%
-213.02%
Net Income, GAAP
151.92%
98.56%
-57.43%
Sales/Revenue/Turnover
-21.9%
-37.78%
-26.69%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
121
2023
- -
- -
76
2024
- -
- -
56

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
-0.02
2023
- -
- -
-0.01
2024
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
- -
2023
- -
- -
- -
2024
- -
- -
- -

Company Description

CEO
Chern Wei Beh
Full Time Employees
848
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Jardine House Hong Kong Hong Kong
IPO Date
Feb 8, 2002
Website
vs-ig.com
Business
V.S. International Group Limited is an investment holding company primarily engaged in the manufacturing and sales of plastic molded products and parts, assembling of electronic products, and mould design and fabrication. The company operates through three main business segments: Plastic Injection and Moulding; Assembling of Electronic Products; and Mould Design and Fabrication. Its product offerings include plastic injection moulds, electronic products, parts, and components. Additionally, the company operates rooftop solar plants to support its operations. V.S. International Group Limited serves customers across Hong Kong, Mainland China, Europe, the United States, and Southeast Asia. Founded in 1997, the company is headquartered in Central, Hong Kong, and is a subsidiary of V.S. Industry Berhad. In recent major developments, V.S. International Group Limited agreed in early 2024 to acquire an additional 43.29% stake in VS Industry Vietnam Joint Stock Company, a strategic move to consolidate its manufacturing capabilities and expand its presence in the Vietnam market. This acquisition involved a combination of cash payment and issuance of shares, reflecting the company's ongoing efforts to strengthen vertical integration and broaden its service offerings in electronic manufacturing services. The company's industry focus includes plastics manufacturing and electronic product assembly, targeting multinational original equipment manufacturers (OEMs) and original design manufacturers (ODMs) in various sectors including automotive, electronics, and consumer goods. V.S. International Group Limited's operations leverage strategically located manufacturing facilities in key Asian hubs to support its wide international customer base. The company maintains robust capabilities in plastic injection molding, electronic assembly, and mould fabrication, positioning itself as an integrated provider in the electronics manufacturing services (EMS) sector, with recent expansions emphasizing vertical integration and sustainable operational practices. Overall, V.S. International Group Limited combines manufacturing expertise with strategic acquisitions to drive growth and capture expanding opportunities in the global plastic and electronics manufacturing markets.