Vitasoy International Holdings (0345) AI Stock Analysis

• Market Cap: $9.62B
• Dividend Yield: 1.57%
• Average Volume (3M): 3.95M
• Price to Earnings (P/E): 41.9
• Beta (1Y): 0.46
• Revenue Growth: 0.91%
• EPS Growth: 101.66%
• Country: HK
• Employees: 6,067
• Sector: Consumer Defensive
• Sector Strength: 45
• Industry: Packaged Foods
• EPS (TTM): 0.06
• Shares Outstanding: 1,049,545,000
• 10 Day Avg. Volume: 4,063,789
• 30 Day Avg. Volume: 3,952,299
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.06
• Enterprise Value/Revenue: 1.62
• Enterprise Value/Gross Profit: 3.21
• Enterprise Value/Ebitda: 14.73
• 1Y Price Target: $9.44
• Price Target Upside: 4.74% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 65 Neutral
• Price Target: HK$10.00 ▲(10.99% Upside)

Vitasoy International Holdings scores a 65, driven primarily by its strong financial performance, characterized by robust revenue growth and cash flow generation. However, the stock's valuation appears high, which could limit upside potential. Technical analysis shows mixed signals, with a lack of strong upward momentum. The absence of earnings call data and corporate events means these components do not influence the score.

Positive Factors

Earnings

Vitasoy reported a 102% year-over-year increase in earnings, driven by recovery in operating margins in core regions.

Profitability

Recapturing core markets’ profitability is expected with GP margin improvement supported by stable raw material costs and higher selling prices.

Negative Factors

China Market

Maintain a conservative outlook on the company’s prospects in China due to an intense competitive landscape.

Market Competition

Softer prospects in China due to an intense competitive landscape.

Vitasoy International Holdings Business Overview & Revenue Model

Company Description

Vitasoy International Holdings Limited, together with its subsidiaries, manufactures and sells food and beverages in Mainland China, Hong Kong, Australia, New Zealand, and Singapore. It offers soya milk and other plant milk products, tea, water, juice, tofu, etc. The company also operates tuck shops and catering business; sells beverages; and exports soya related products, as well as invests in properties. It sells its products through distributors and retailers. The company was incorporated in 1940 and is based in Tuen Mun, Hong Kong.

How the Company Makes Money

Vitasoy generates revenue primarily through the sale of its plant-based products, which include soy milk, tofu, and other food items. The company has established a robust distribution network that includes supermarkets, convenience stores, and online platforms, allowing it to reach a wide customer base. Key revenue streams include both domestic sales in Hong Kong and international sales across markets like mainland China, Australia, and other regions. In addition to direct product sales, Vitasoy benefits from strategic partnerships with retailers and distributors that enhance market penetration. The company also invests in marketing and brand development to increase consumer awareness and drive sales in the competitive plant-based market.

Vitasoy International Holdings Financial Statement Overview

Summary

Vitasoy International Holdings exhibits a solid financial performance with strong revenue growth and improved margins. The balance sheet is stable with low leverage, and cash flow generation is robust. While profitability metrics show improvement, there is potential for further enhancement. The company is well-positioned for sustainable growth in the packaged foods industry.

Income Statement

Vitasoy International Holdings has shown a positive revenue growth rate of 6.7% in the latest year, recovering from previous declines. The gross profit margin has improved to 51.3%, indicating efficient cost management. However, the net profit margin remains relatively low at 3.7%, suggesting room for improvement in profitability. The EBIT and EBITDA margins have also improved, reflecting better operational efficiency.

Balance Sheet

The company maintains a healthy debt-to-equity ratio of 0.18, indicating low leverage and financial stability. Return on equity has improved to 7.6%, showing better utilization of shareholder funds. The equity ratio is strong, suggesting a solid financial foundation. However, the company should continue to focus on enhancing profitability to further strengthen its balance sheet.

Cash Flow

Vitasoy's free cash flow growth rate of 7.79% is a positive indicator of its cash-generating ability. The operating cash flow to net income ratio is robust at 0.40, demonstrating strong cash flow management. The free cash flow to net income ratio of 0.85 indicates efficient conversion of profits into cash. Overall, the cash flow position is strong, supporting future growth and investment.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.27B	6.27B	6.22B	6.34B	6.50B	7.52B
Gross Profit	3.16B	3.22B	3.10B	3.01B	3.07B	3.95B
EBITDA	689.50M	860.30M	601.23M	610.95M	346.77M	1.27B
Net Income	124.20M	234.67M	116.37M	45.72M	-158.75M	548.35M
Balance Sheet
Total Assets	6.08B	5.65B	5.64B	5.85B	6.81B	7.28B
Cash, Cash Equivalents and Short-Term Investments	1.34B	1.27B	794.45M	555.29M	621.86M	970.52M
Total Debt	685.58M	563.65M	558.85M	660.87M	677.59M	335.74M
Total Liabilities	2.81B	2.47B	2.52B	2.75B	3.24B	3.32B
Stockholders Equity	3.16B	3.08B	3.00B	2.98B	3.26B	3.62B
Cash Flow
Free Cash Flow	681.26M	734.33M	644.25M	314.88M	-285.12M	609.90M
Operating Cash Flow	824.07M	859.02M	790.54M	502.36M	124.39M	1.26B
Investing Cash Flow	-131.92M	65.89M	-294.29M	-189.16M	-400.26M	-636.70M
Financing Cash Flow	-71.81M	-298.24M	-403.49M	-366.25M	-84.83M	-552.41M

Vitasoy International Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0345, the sentiment is Negative. The current price of 9.01 is below the 20-day moving average (MA) of 9.23, below the 50-day MA of 9.22, and below the 200-day MA of 9.55, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 42.91 is Neutral, neither overbought nor oversold. The STOCH value of 10.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0345.

Vitasoy International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0345	65 Neutral	$9.62B	41.87	7.71%	1.57%	0.91%	101.66%
Sector *	63 Neutral	$20.50B	14.76	-2.72%	3.09%	1.90%	-4.74%
BTSDF	―	$1.12B	20.91	-4.66%	2.42%	―	―
1475	71 Outperform	HK$7.27B	38.70	5.18%	1.38%	7.44%	-42.52%
9676	65 Neutral	HK$18.14B	46.16	5.56%	1.89%	―	―
1579	64 Neutral	HK$13.20B	16.63	16.58%	5.43%	1.10%	-7.88%
1610	62 Neutral	HK$7.84B	12.31	6.29%	―	100.45%	2.89%

Vitasoy International Holdings Corporate Events

Vitasoy Announces AGM with Key Resolutions on Financials and Share Mandates

Vitasoy International Holdings Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for August 25, 2025, where key agenda items include the adoption of financial statements, approval of a final dividend, re-election of directors, and appointment of auditors. Additionally, the company seeks shareholder approval for general mandates to issue and buy-back shares, which could influence its capital structure and market operations.

The most recent analyst rating on (HK:0345) stock is a Buy with a HK$6.90 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.

Vitasoy Announces Share Option Grants Requiring Shareholder Approval

Vitasoy International Holdings announced a supplemental update regarding the grant of share options and performance share units to its executives and employees. The grant includes 1,326,000 share options to the Executive Chairman, Mr. Winston Yau-lai Lo, which represents 0.12% of the company’s shares as of June 2025. This grant is subject to approval by independent shareholders at the 2025 AGM, as it exceeds the threshold set by the Listing Rules. The company plans to distribute a circular with more details to shareholders.

The most recent analyst rating on (HK:0345) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.

Vitasoy Grants Share Options to Align Employee Interests with Long-term Goals

Vitasoy International Holdings Limited has announced the grant of share options and performance share units to eligible participants under its 2022 Share Option Scheme and 2021 Share Award Scheme. The initiative aims to recognize past individual performance and align participants’ interests with the company’s long-term success. The grant includes 4,912,000 share options at an exercise price of HK$9.25 per share, with a vesting period of four years. The move is designed to attract and retain key employees, offering competitive compensation and driving strategic goals.

The most recent analyst rating on (HK:0345) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.

Vitasoy Announces Final Dividend for FY2025

Vitasoy International Holdings Limited announced a final ordinary cash dividend of HKD 0.102 per share for the financial year ending March 31, 2025. The dividend is set to be paid on September 17, 2025, following shareholder approval on August 25, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may influence investor sentiment positively.

The most recent analyst rating on (HK:0345) stock is a Buy with a HK$6.90 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.

Vitasoy Proposes Amendments to Align with Regulatory Changes

Vitasoy International Holdings Limited has announced proposed amendments to its Articles of Association to align with recent changes in the Companies Ordinance and the Listing Rules in Hong Kong. These amendments aim to implement a treasury share regime and promote paperless corporate communications, reflecting the company’s adaptation to regulatory updates and its commitment to modernizing its corporate governance practices.

The most recent analyst rating on (HK:0345) stock is a Buy with a HK$6.90 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.

Vitasoy Reports Strong Profit Growth and Increased Dividends for FY2025

Vitasoy International Holdings reported a 1% increase in revenue to HK$6,274 million for the year ended 31st March 2025, driven by growth in Mainland China and strong performance in Hong Kong. The company’s gross profit margin improved to 51.3% due to lower commodity costs and enhanced manufacturing efficiency, although this was partially offset by higher trade promotional expenses and unfavorable foreign exchange movements. Profit attributable to equity shareholders surged by 102%, reflecting improved sales execution and operational efficiency. The company also announced a significant increase in dividends, proposing a total of HK14.2 cents per ordinary share for FY2024/2025, up from HK7.7 cents in the previous year.

The most recent analyst rating on (HK:0345) stock is a Buy with a HK$6.90 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.

Vitasoy Schedules Board Meeting to Approve Year-End Results and Dividend

Vitasoy International Holdings Limited has announced a board meeting scheduled for June 24, 2025, to approve the final results for the fiscal year ending March 31, 2025, and to consider the payment of a final dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:0345) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.

Vitasoy Projects Significant Profit Growth for 2025

Vitasoy International Holdings has issued a positive profit alert, indicating a substantial increase in profit attributable to shareholders for the financial year ending March 31, 2025. The expected profit range is between HK$225 million and HK$245 million, marking a 94% to 111% increase from the previous year. This growth is driven by improved operations in Mainland China and Hong Kong SAR, as well as reduced losses in Australia, despite higher tax expenses.

The most recent analyst rating on (HK:0345) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.