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Veson Holdings Limited

Veson Holdings Limited

HHKEX:1399
0.30
HKD
0.00
(0.00%)
403.30MMarket Cap
Veson Holdings Limited
HKEX:1399
(Hong Kong Exchange)

Recent

price

0.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.48
1.6
1.77
2.32
3.6
4.14
5.56
5.32
6.39
6.78
5.7
6.51
5.83
5.64
4.9
4.79
- -
Revenue per Share
0.05
0.06
-0.16
-0.14
- -
0.04
-0.11
0.02
0.09
0.05
-0.05
0.04
0.02
0.02
-0.01
0.02
- -
Basic EPS, GAAP
-0.12
0.05
-0.22
-0.03
-0.07
0.29
-0.16
0.06
0.32
0.06
-0.68
-0.01
-0.23
-0.12
0.2
0.01
- -
Free Cash Flow per Basic Share
0.02
- -
0.02
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.14
1.19
1.07
0.91
0.91
0.94
0.82
0.85
0.93
0.97
0.93
0.97
0.98
1
0.98
1.01
1.03
Book Value per Share
1
1.08
1.03
0.88
0.91
0.94
0.82
0.85
0.93
0.97
0.93
0.97
0.98
1
0.98
1.01
1.03
Tangible Book Value per Share
1,032
1,032
1,032
1,032
1,035
1,090
1,090
1,090
1,090
1,090
1,090
1,090
1,090
1,090
1,090
1,090
1,090
Basic Weighted Avg Shares
1,527
1,653
1,822
2,396
3,729
4,509
6,061
5,802
6,962
7,395
6,217
7,092
6,359
6,145
5,345
5,226
- -
Sales/Revenue/Turnover
4.6
3.96
-3.22
2.32
0.74
0.93
-4.15
-0.65
1.25
1.99
0.05
1.72
1.31
1.33
1.43
1.67
- -
Operating Margin (%)
88
82
83
65
57
62
52
48
56
79
80
93
118
123
106
91
- -
Depreciation Expense
54
59
-163
-145
-2
38
-119
21
93
53
-53
42
24
20
-12
22
- -
Net Income, GAAP
23.52
18.31
- -
- -
143.24
43.34
- -
2.02
8.73
13.39
- -
40.21
25.41
- -
- -
43.75
- -
Effective Tax Rate (%)
3.56
3.6
-8.94
-6.05
-0.05
0.85
-1.96
0.36
1.34
0.71
-0.85
0.59
0.38
0.33
-0.22
0.41
- -
Profit Margin (%)
766
850
727
483
618
643
466
483
596
450
278
356
394
490
526
774
965
Working Capital
48
21
- -
- -
19
15
2
5
9
6
237
330
318
268
219
436
597
LT Debt
1,287
1,348
1,163
988
1,036
1,055
911
937
1,025
1,075
1,025
1,061
1,069
1,086
1,088
1,107
1,130
Total Equity
4.09
4.39
- -
- -
-0.87
1.53
- -
2.58
6.97
4.36
- -
3.31
2.58
- -
- -
1.53
- -
Return on Invested Capital (%)
4.1
5.05
- -
- -
-0.62
4.71
- -
4.83
9.97
6.33
- -
4.36
3.8
- -
- -
2.47
- -
Return on Capital (%)
4.65
4.93
-13.94
-14.2
-0.18
3.78
-12.37
2.32
9.63
5.08
-5.08
4.07
2.26
1.86
-1.11
1.98
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
885
717
573
LT Borrowings
241
426
589
LT Finance Leases
- -
10
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,090
1,090
1,090
Market Capitalization
199
184
349

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
3,339
3,601
3,646
Cash, Cash Equivalents & STI
149
188
72
Accounts Receivable, Net
1,458
1,722
1,795
Inventories
555
513
660
Total Current Liabilities
2,783
2,827
2,682
Payables & Accruals
- -
- -
- -
ST Debt
885
717
573
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.66%
1.57%
1.76%
Free Cash Flow
103.11%
443.58%
-94.73%
Net Income, GAAP
-111.06%
-135.76%
-279.82%
Sales/Revenue/Turnover
2.55%
-2.97%
-2.23%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5,345
2025
- -
- -
5,226
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.01
2025
- -
- -
0.02
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
Veson Holdings Limited (1399.HK) is an investment holding company engaged in the research, development, manufacture and sale of lithium-ion battery modules and related accessories primarily for consumer electronics; it operates through three main segments including Original Design Manufacturing (ODM), Bare Battery Cell and Others. The company offers lithium-ion battery modules, bare battery cells, power banks, motive batteries, power management modules, smart wearable device batteries, chargers and network terminal products for branded mobile phones, notebooks, smartphones, wearable devices, tablets, digital electronic appliances and electric vehicle manufacturers; its ODM segment supplies battery modules, power banks and motive batteries with processing services, while the Bare Battery Cell segment focuses on cells for mobile phones, tablets and power banks, and the Others segment handles raw materials, work-in-progress sales and rentals. Veson Holdings primarily serves markets in the People's Republic of China with operations concentrated there and conducts business through subsidiaries such as Scud (Fujian) Electronics Co., Ltd.; founded in 1997, it is headquartered at Scud Industrial Park, No. 98 Jiangbin East Avenue, Fuzhou Pilot Free Trade Zone, Mawei District, Fuzhou, Fujian Province, PRC, and was formerly known as SCUD Group Limited before changing its name in November 2020. In recent developments, the company continues to emphasize its research and manufacturing capabilities in lithium-ion technologies as highlighted in corporate communications, with its annual general meeting scheduled for May 27, 2025, to address mandates for share issuance and repurchase along with director re-elections including the re-designation of Chairman Feng Ming Zhu to non-executive status; no major acquisitions, partnerships or funding rounds have been reported in the past 1-2 years.