V.S. International Group Limited (1002) AI Stock Analysis

• Market Cap: HK$133.09M
• Dividend Yield: N/A
• Average Volume (3M): 183.93K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.01
• Revenue Growth: -29.25%
• EPS Growth: 59.26%
• Country: HK
• Employees: 1,016
• Sector: Consumer Cyclical
• Sector Strength: 65
• Industry: Hardware, Equipment & Parts
• EPS (TTM): N/A
• Shares Outstanding: 2,511,084,700
• 10 Day Avg. Volume: 207,200
• 30 Day Avg. Volume: 183,933
• PEG Ratio: 0.14
• Price to Book (P/B): 0.61
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.58
• 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: 0

• Rating: 47 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score of 47 reflects a company struggling with financial challenges, as evidenced by declining revenues and negative profitability. While the technical analysis indicates no strong momentum, the valuation is significantly impacted by the negative P/E ratio and lack of dividend yield. These factors contribute to the stock's unfavorable investment outlook.

V.S. International Group Limited Business Overview & Revenue Model

Company Description

V.S. International Group Limited (1002) is a Hong Kong-based investment holding company engaged primarily in the manufacturing and sale of plastic products. The company operates in various sectors, including automotive, telecommunications, and consumer electronics, providing a diverse range of plastic solutions and components. With a strong presence in the Asia-Pacific region, V.S. International Group Limited is noted for its comprehensive manufacturing capabilities, which include injection molding, spray painting, and assembly processes.

How the Company Makes Money

V.S. International Group Limited generates revenue through the manufacturing and sale of plastic products and components. The company's revenue streams are primarily driven by its contracts and partnerships with major clients in the automotive, telecommunications, and consumer electronics industries. By offering customized plastic solutions and maintaining a robust manufacturing infrastructure, the company capitalizes on its ability to deliver high-quality products at competitive prices. Additionally, strategic partnerships and collaborations with industry leaders enhance its market reach and contribute to its financial performance.

V.S. International Group Limited Financial Statement Overview

Summary

V.S. International Group Limited is facing significant financial challenges, with declining revenues, negative profitability margins, and cash flow constraints. The balance sheet, while showing some stability in equity, reveals increased leverage and poor returns on equity. The company needs to address operational inefficiencies and improve revenue generation to stabilize its financial position.

Income Statement

V.S. International Group Limited has experienced declining revenues over the past few years, with a significant drop from 2020 to 2024. The company's gross and net profit margins are negative, indicating challenges in achieving profitability. The negative EBIT and EBITDA margins further highlight the operational inefficiencies. Despite some improvement in net income from 2023 to 2024, the overall financial performance remains weak.

Balance Sheet

The company's balance sheet shows a relatively stable equity position, although the debt-to-equity ratio has increased, indicating higher leverage. The equity ratio remains healthy, suggesting the company still has a strong equity base compared to total assets. However, the return on equity is negative, reflecting the ongoing losses and inability to generate returns for shareholders.

Cash Flow

The company has faced significant cash flow challenges, with negative operating and free cash flows in the latest year. The free cash flow growth rate has been negative, reflecting a decrease in cash generated from operations. The ratios of operating and free cash flow to net income are unfavorable, indicating inefficiencies in converting net income into cash flows.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	56.04M	76.44M	121.40M	256.20M	482.33M
Gross Profit	6.81M	11.51M	10.17M	54.31M	59.91M
EBITDA	-6.64M	-1.64M	-23.41M	24.79M	6.55M
Net Income	-9.50M	-22.32M	-48.25M	-5.61M	-33.72M
Balance Sheet
Total Assets	593.74M	331.71M	368.54M	491.96M	629.34M
Cash, Cash Equivalents and Short-Term Investments	84.65M	85.46M	68.61M	43.20M	104.43M
Total Debt	147.81M	35.11M	37.41M	89.84M	173.51M
Total Liabilities	250.99M	52.41M	66.58M	141.15M	272.63M
Stockholders Equity	282.37M	279.30M	301.95M	350.80M	356.71M
Cash Flow
Free Cash Flow	-15.33M	13.57M	37.20M	7.56M	59.23M
Operating Cash Flow	-14.43M	13.57M	37.45M	10.37M	70.15M
Investing Cash Flow	27.79M	3.59M	1.58M	1.90M	4.86M
Financing Cash Flow	-13.70M	-308.00K	-13.62M	-63.26M	-36.13M

V.S. International Group Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1002, the sentiment is Neutral. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.17 is Neutral, neither overbought nor oversold. The STOCH value of 30.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1002.

V.S. International Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1480	65 Neutral	HK$254.40M	4.14	8.23%	5.66%	-7.93%	-19.66%
0076	60 Neutral	€104.08M	0.30	9.70%	―	306.00%	2104.85%
Sector *	56 Neutral	HK$25.22B	4.10	-2.03%	6.15%	-0.31%	-67.64%
0532	54 Neutral	HK$215.32M	―	-12.76%	―	-5.65%	-43.21%
1002	47 Neutral	HK$133.09M	―		―	-29.25%	59.26%
0515	41 Neutral	HK$118.51M	―	-92.80%	―	-84.61%	-14.10%
2363	41 Neutral	HK$69.44M	5.06		―	-21.55%	83.95%

V.S. International Group Limited Corporate Events

V.S. International Group Limited Announces Board Roles and Functions

V.S. International Group Limited has announced the roles and functions of its board members, highlighting the leadership structure and responsibilities within the company. This organizational update underscores the company’s commitment to strategic business development, operational efficiency, and strong governance, potentially impacting its market positioning and stakeholder confidence.

V.S. International Group Limited Establishes Nomination Committee

V.S. International Group Limited has outlined the terms of reference for its Nomination Committee, which is responsible for overseeing the selection and appointment of directors. The committee will consist of at least three members, with a majority being independent non-executive directors, and aims to ensure diversity in gender among its members. This move is part of the company’s governance structure to enhance board effectiveness and accountability.

V.S. International Group Announces Leadership Changes

V.S. International Group Limited announced the resignation of Mr. Zhang Pei Yu as an executive director to focus on personal commitments, with his duties being assumed by Mr. Beh Chern Wei. Additionally, Ms. Beh Hwee Sze has been redesignated from an alternate director to an executive director, effective July 1, 2025, with a new service contract outlining her remuneration and responsibilities.

V.S. International Group Limited Announces Unanimous Approval of AGM Resolutions

V.S. International Group Limited announced the successful passing of all resolutions at its Annual General Meeting held on June 10, 2025. The resolutions included the approval of financial statements, re-election of directors, and granting mandates for share issuance and repurchase, all of which received unanimous support from shareholders.

V.S. International Group Limited Announces 2025 Annual General Meeting

V.S. International Group Limited has announced its upcoming annual general meeting scheduled for June 10, 2025, in Johor, Malaysia. The meeting will address several key resolutions, including the approval of financial statements, re-election of directors, and authorization of directors’ remuneration. Additionally, the company seeks approval to issue and deal with unissued shares, which could impact its capital structure and shareholder value. This meeting is significant for stakeholders as it will determine the company’s strategic direction and governance for the coming year.