Vitasoy International Holdings (0345) AI Stock Analysis

• Market Cap: HK$6.65B
• Dividend Yield: 2.21%
• Average Volume (3M): 2.60M
• Price to Earnings (P/E): 28.7
• Beta (1Y): 0.36
• Revenue Growth: -3.39%
• EPS Growth: 91.63%
• Country: HK
• Employees: 6,067
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.16
• Shares Outstanding: 1,043,529,000
• 10 Day Avg. Volume: 4,116,336
• 30 Day Avg. Volume: 2,595,354
• PEG Ratio: 0.46
• Price to Book (P/B): 3.49
• Price to Sales (P/S): 1.72
• P/FCF Ratio: 14.66
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: HK$7.00 ▲(4.32% Upside)

Vitasoy International Holdings has a solid financial foundation with strong revenue growth and cash flow generation, contributing positively to its score. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation, which weigh down the overall score. The absence of earnings call and corporate events data means these factors did not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion in the plant-based sector.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, enabling the company to invest in growth opportunities and withstand economic fluctuations.

Balance Sheet Health

A strong balance sheet with low leverage provides a solid foundation for sustainable growth and reduces financial risk, supporting long-term stability.

Negative Factors

Net Profit Margin

Low net profit margins may limit the company's ability to reinvest in growth and improve shareholder returns, potentially impacting long-term profitability.

Market Sentiment

Bearish market sentiment can affect investor confidence and stock performance, potentially impacting the company's ability to raise capital for future projects.

Profitability Challenges

While operational efficiency is improving, the company still faces challenges in achieving higher profitability, which may affect its competitive position.

Vitasoy International Holdings Business Overview & Revenue Model

Company Description

Vitasoy International Holdings (0345) is a leading manufacturer and distributor of plant-based food and beverage products, known primarily for its soy milk and tofu products. Established in 1940 in Hong Kong, the company has expanded its operations across various regions, including mainland China, the United States, and Australia. Vitasoy's core product offerings include soy beverages, nut drinks, and a range of vegetarian and organic food products, catering to the growing demand for healthy and sustainable food options in the global market.

How the Company Makes Money

Vitasoy generates revenue primarily through the sale of its plant-based beverages and food products. Key revenue streams include retail sales of soy milk, nut drinks, and tofu, which are distributed through supermarkets, convenience stores, and food service channels. Additionally, the company has established strategic partnerships with various distributors and retailers that help expand its market reach. Vitasoy also benefits from the increasing consumer trend towards healthier lifestyles and plant-based diets, which has contributed to a steady growth in demand for its products. The company's commitment to innovation and sustainability further enhances its market position and drives its earnings.

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	3.21B	3.22B	3.10B	3.01B	3.07B	3.95B
EBITDA	747.04M	860.30M	601.23M	610.95M	346.77M	1.27B
Net Income	234.67M	234.67M	116.37M	45.72M	-158.75M	548.35M
Balance Sheet
Total Assets	5.65B	5.65B	5.64B	5.85B	6.81B	7.28B
Cash, Cash Equivalents and Short-Term Investments	1.27B	1.27B	794.45M	555.29M	621.86M	970.52M
Total Debt	563.65M	563.65M	558.85M	660.87M	677.59M	335.74M
Total Liabilities	2.47B	2.47B	2.52B	2.75B	3.24B	3.32B
Stockholders Equity	3.08B	3.08B	3.00B	2.98B	3.26B	3.62B
Cash Flow
Free Cash Flow	734.33M	734.33M	644.25M	314.88M	-285.12M	609.90M
Operating Cash Flow	859.02M	859.02M	790.54M	502.36M	124.39M	1.26B
Investing Cash Flow	31.80M	65.89M	-294.29M	-189.16M	-400.26M	-636.70M
Financing Cash Flow	-276.30M	-298.24M	-403.49M	-366.25M	-84.83M	-552.41M

Vitasoy International Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.71
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 6.71 is above the 20-day moving average (MA) of 6.45, below the 50-day MA of 6.79, and below the 200-day MA of 8.54, indicating a bearish trend. The MACD of -0.12 indicates Negative momentum. The RSI at 39.93 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, 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
1112	67 Neutral	HK$8.83B	-28.18	-4.66%	1.77%	-2.15%	-202.71%
1475	67 Neutral	HK$7.22B	34.76	5.55%	1.41%	7.29%	-33.19%
1579	66 Neutral	HK$12.76B	15.94	16.58%	5.89%	1.10%	-7.88%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
9676	62 Neutral	HK$15.21B	41.13	5.56%	2.52%	―	―
0345	58 Neutral	HK$6.65B	28.68	7.63%	2.21%	-3.39%	91.63%
1610	58 Neutral	HK$7.38B	11.32	6.29%	―	100.45%	2.89%

Vitasoy International Holdings Corporate Events

Vitasoy Declares Interim Dividend for 2025

Vitasoy International Holdings Limited has announced an interim ordinary dividend of HKD 0.04 per share for the six months ending September 30, 2025. The dividend will be paid on December 23, 2025, with the ex-dividend date set for December 9, 2025. This announcement reflects the company’s ongoing financial performance and commitment to returning value to shareholders, potentially impacting its market position and investor relations positively.

The most recent analyst rating on (HK:0345) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.

Vitasoy Reports Revenue Decline Amidst Regional Market Challenges

Vitasoy International Holdings reported a 6% decrease in revenue for the six months ending September 30, 2025, primarily due to challenges in the Chinese Mainland market. Despite this, the company maintained a stable gross profit margin and saw a slight increase in profit attributable to equity shareholders. The company experienced varying performance across its regional operations, with strong growth in Australia and New Zealand, and momentum in Singapore’s tofu business, while facing temporary setbacks in Hong Kong and Macau. The company also repurchased shares and declared an interim dividend, reflecting confidence in its financial position.

The most recent analyst rating on (HK:0345) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.

Vitasoy to Review Interim Results and Potential Dividend

Vitasoy International Holdings Limited has announced that its Board of Directors will convene on November 25, 2025, to review and approve the interim financial results for the six months ending September 30, 2025. The meeting will also consider the declaration of an interim dividend, if applicable. This announcement is significant as it may impact the company’s financial strategy and shareholder returns, reflecting its operational performance and market positioning.

The most recent analyst rating on (HK:0345) stock is a Hold with a HK$8.50 price target. To see the full list of analyst forecasts on Vitasoy International Holdings stock, see the HK:0345 Stock Forecast page.