VSTECS Holdings Limited (HK:0856)
:0856
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VSTECS Holdings Limited
(0856)
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Rating:65Neutral
Price Target:
HK$8.50
▼(-1.96% Downside)
Action:ReiteratedDate:11/22/25
The overall stock score of 65 for HK:0856 reflects strong financial performance driven by robust revenue and cash flow growth, though tempered by thin margins and balance sheet leverage. A reasonable valuation with a low P/E ratio and solid dividend yield adds support, but bearish technical indicators signal caution due to weak momentum and trading below key moving averages.
Positive Factors
Revenue Growth
The robust revenue growth indicates strong market demand and effective sales strategies, enhancing the company's competitive position in the tech distribution sector.
Negative Factors
Cash Flow Management
Zero operating cash flow highlights liquidity challenges, which could restrict the company's ability to invest in growth opportunities and manage financial obligations.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
The robust revenue growth indicates strong market demand and effective sales strategies, enhancing the company's competitive position in the tech distribution sector.
Read all positive factors
VSTECS Holdings Limited (0856) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$12.45B
Dividend Yield3.21%
Average Volume (3M)10.08M
Price to Earnings (P/E)8.0
Beta (1Y)1.16
Revenue Growth18.23%
EPS Growth38.95%
CountryHK
Employees5,622
SectorTechnology
Sector Strength88
IndustryTechnology Distributors
Share Statistics
EPS (TTM)0.54
Shares Outstanding1,436,452,000
10 Day Avg. Volume6,639,702
30 Day Avg. Volume10,079,877
Financial Highlights & Ratios
PEG Ratio0.45
Price to Book (P/B)0.84
Price to Sales (P/S)0.08
P/FCF Ratio4.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$13.26Price Target Upside52.94% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)1.11
Revenue Forecast (FY)HK$110.20B
VSTECS Holdings Limited Business Overview & Revenue Model
Company Description
VSTECS Holdings Limited, an investment holding company, develops information technology (IT) product channel and provides technical solution integration services in North Asia and South East Asia. It operates through three segments: Enterprise Sys...
How the Company Makes Money
VSTECS Holdings Limited generates revenue through several key streams, primarily from the distribution of IT products, including hardware and software solutions. The company earns margins on the products it distributes from major technology vendor...
VSTECS Holdings Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
60
Neutral
Cash Flow
80
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 94.52B | 89.09B | 73.89B | 77.32B | 78.34B | 69.96B |
| Gross Profit | 4.32B | 3.93B | 3.50B | 3.37B | 3.64B | 3.13B |
| EBITDA | 1.87B | 1.75B | 1.62B | 1.47B | 1.79B | 1.54B |
| Net Income | 1.21B | 1.05B | 922.03M | 823.07M | 1.31B | 1.07B |
Balance Sheet | ||||||
| Total Assets | 40.51B | 38.39B | 35.02B | 34.77B | 32.18B | 29.43B |
| Cash, Cash Equivalents and Short-Term Investments | 6.19B | 5.44B | 4.13B | 8.23B | 4.13B | 4.05B |
| Total Debt | 10.02B | 9.68B | 8.44B | 8.65B | 6.53B | 7.01B |
| Total Liabilities | 30.90B | 29.52B | 26.80B | 27.11B | 24.27B | 22.60B |
| Stockholders Equity | 9.32B | 8.64B | 8.22B | 7.66B | 7.91B | 6.83B |
Cash Flow | ||||||
| Free Cash Flow | 863.39M | 1.69B | 601.41M | -171.90M | 527.57M | 2.42B |
| Operating Cash Flow | 994.54M | 1.82B | 640.23M | -147.87M | 580.07M | 2.45B |
| Investing Cash Flow | 331.70M | -300.93M | 137.76M | -517.66M | -47.04M | -36.37M |
| Financing Cash Flow | -1.36B | -837.13M | -1.37B | 1.57B | -942.10M | -1.45B |
VSTECS Holdings Limited Technical Analysis
Positive
8.67
Price Trends
8.15
Positive
8.21
Positive
8.85
Negative
Market Momentum
0.23
Positive
52.37
Neutral
36.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0856, the sentiment is Positive. The current price of 8.67 is above the 20-day moving average (MA) of 8.55, above the 50-day MA of 8.15, and below the 200-day MA of 8.85, indicating a neutral trend. The MACD of 0.23 indicates Positive momentum. The RSI at 52.37 is Neutral, neither overbought nor oversold. The STOCH value of 36.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0856.
VSTECS Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | HK$3.02B | 5.07 | 18.01% | 8.89% | -0.06% | -6.11% | |
66 Neutral | HK$1.35B | 4.02 | 11.67% | 6.74% | -5.58% | 22.50% | |
65 Neutral | HK$2.88B | 6.03 | 9.45% | 4.42% | 6.01% | 9.76% | |
65 Neutral | HK$12.45B | 7.99 | 13.91% | 3.21% | 18.23% | 38.95% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | HK$3.27B | 3.95 | 5.16% | ― | 33.59% | -15.98% | |
56 Neutral | HK$526.80M | 6.65 | 20.37% | ― | 14.50% | 247.50% |
* Technology Sector Average
HK:0856
VSTECS Holdings Limited
8.67
4.26
96.60%
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VSTECS Holdings Limited Corporate Events
VSTECS Details Treasury Shares and Final Grants Under Expiring Share Option Scheme
Dec 19, 2025
VSTECS Holdings Limited has clarified additional details in its 2024 annual report regarding 4,540,000 shares repurchased during the year and held as treasury shares for potential resale or to satisfy future share grants, and it confirmed that its...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.