Vedan International (Holdings) Ltd.

Vedan International (Holdings) Ltd.

HHKEX:2317
0.65
HKD
-0.01
(-2.27%)
990.90MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.22
0.21
0.22
0.22
0.21
0.23
0.24
0.24
0.25
0.3
0.25
0.25
0.25
- -
Basic EPS, GAAP
- -
- -
0.01
0.01
0.01
0.01
0.01
0.01
0.01
- -
- -
0.01
0.01
- -
Free Cash Flow per Basic Share
-0.01
-0.02
0.03
0.04
- -
- -
- -
0.01
0.01
-0.02
0.02
0.03
0.01
- -
Dividend per Share
- -
- -
- -
0.01
0.01
0.01
0.01
- -
0.01
- -
- -
0.01
0.01
- -
Book Value per Share
0.18
0.18
0.18
0.18
0.19
0.19
0.19
0.2
0.2
0.19
0.19
0.2
0.2
0.2
Tangible Book Value per Share
0.17
0.17
0.17
0.18
0.18
0.18
0.18
0.19
0.19
0.19
0.19
0.2
0.2
0.2
Basic Weighted Avg Shares
1,523
1,523
1,523
1,523
1,523
1,523
1,523
1,523
1,523
1,523
1,523
1,523
1,523
1,523
Sales/Revenue/Turnover
342
326
328
328
323
357
358
361
382
451
386
380
375
- -
Operating Margin (%)
0.49
-0.61
5.5
10.02
7.31
6.26
5.44
7.23
3.58
-0.64
3.5
5.74
5.86
- -
Depreciation Expense
24
22
21
19
18
19
21
18
18
18
22
23
21
- -
Net Income, GAAP
1
-2
12
23
19
14
16
17
11
-4
7
16
17
- -
Effective Tax Rate (%)
71.13
- -
25.49
21.92
19.61
20.96
21.34
24.25
26.52
- -
32.34
25.37
25.48
- -
Profit Margin (%)
0.43
-0.75
3.69
6.87
5.9
4
4.35
4.62
2.88
-0.97
1.81
4.22
4.55
- -
Working Capital
135
122
136
147
145
138
143
141
144
136
150
173
184
184
LT Debt
2
34
29
24
19
16
18
17
11
6
5
3
2
2
Total Equity
270
267
273
279
283
287
288
301
302
292
295
302
307
307
Return on Invested Capital (%)
0.21
- -
3.64
6.97
5.83
5.39
4.8
5.06
3.15
- -
2.51
5.05
5.1
- -
Return on Capital (%)
0.79
- -
3.97
7.32
6.28
3.69
4.97
4.98
3.23
- -
2.56
5.11
5.32
- -
Return on Common Equity (%)
0.55
-0.9
4.44
8.08
6.72
5
5.42
5.66
3.65
-1.48
2.38
5.38
5.6
- -

Capital Structure

USD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
25
28
29
LT Borrowings
1
- -
- -
LT Finance Leases
3
3
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,523
1,523
1,523
Market Capitalization
108
113
127

Working Capital

USD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
234
245
259
Cash, Cash Equivalents & STI
64
62
71
Accounts Receivable, Net
34
32
33
Inventories
127
133
137
Total Current Liabilities
61
66
75
Payables & Accruals
- -
- -
- -
ST Debt
25
28
29
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.18%
0.4%
1.54%
Free Cash Flow
-30.17%
-93.83%
-57.37%
Net Income, GAAP
-23.53%
-59.39%
6.29%
Sales/Revenue/Turnover
1.67%
1.32%
-1.43%
Total Cash Common Dividend
61.08%
47.28%
72.81%

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
386
2024
- -
- -
380
2025
- -
- -
375

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
0.01
2025
- -
- -
0.01

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
0.01
2025
- -
- -
0.01

Company Description

CEO
Kun Hsiang Yang
Full Time Employees
4,005
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Lee Garden One, 33 Hysan Avenue Hong Kong Hong Kong
IPO Date
Jun 27, 2003
Business
Vedan International (Holdings) Limited is an investment holding company principally engaged in the production and sale of fermented food additives, biochemical products, and cassava starch-based industrial products utilizing advanced fermentation technology. The company manufactures a diverse range of core products including monosodium glutamate (MSG) and seasonings such as soup stocks, bouillons, and seasoning powders; amino acids like lysine and glutamic acid; starch products comprising native starch for sausages, ice-creams, canned soup, and noodles, modified starch for textiles, paper, food, feedstuff, and cosmetics, and glucose syrup or maltose for food processing, confectionery, bakery, and MSG production; specialty chemicals including caustic soda for MSG production, metal processing, food, textiles, cosmetics, paint, water treatment, and detergents, hydrochloric acid for glutamic acid production, food, textiles, beverages, seafood, and metal processing, and hypochlorite as a bleaching agent for detergents; as well as fertilizers, animal feed products, and other items like coffee and bulk food ingredients. Founded in 1970 and headquartered in Dong Nai Province, Vietnam, with its registered office in Hong Kong, the company operates primarily in Vietnam, Japan, the People's Republic of China, other ASEAN countries, and the United States, serving food manufacturing, agriculture, textiles, paper, pharmaceuticals, cosmetics, and industrial sectors. In recent developments, the company reported a turnaround to net profit of $8.331 million for the half-year ended June 30, 2024, compared to a prior-year loss, amid revenue of $0.185 billion; actively developed new fertilizer and feed products to counter market competition and sluggish demand; achieved revenue growth in coffee and bulk food ingredients due to rising prices and sustained demand; approved a final dividend for the year ended December 31, 2024, payable in June 2025; and confirmed compliance with Hong Kong Stock Exchange listing rules in its 2024 annual report.