Veson Holdings Limited (HK:1399)
:1399
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Veson Holdings Limited
(1399)
Select Model
Select Model
Rating:51Neutral
Price Target:
HK$0.20
▲(4.74% Upside)
Action:UpgradedDate:01/27/26
The score is primarily constrained by weak financial performance—declining revenue and ongoing losses—despite improving operating and free cash flow. Technical indicators are largely neutral with a mildly negative MACD, offering limited support. Valuation is penalized by a negative P/E that signals unprofitable operations and offers little basis for earnings-driven valuation.
Positive Factors
Improving cash generation
Improved operating cash flow and positive free cash flow strengthen liquidity and internal funding capacity. This durable improvement reduces reliance on external financing, supports working capital and strategic investments, and provides a cushion against cyclical revenue pressures while consistency is established.
Negative Factors
Declining revenue trend
An ~11% revenue decline denotes weakening top-line momentum and potential market share erosion. Persisting over quarters this reduces operating leverage, compresses gross margins, limits reinvestment capacity, and forces greater dependency on non-recurring gains unless new revenue initiatives are implemented.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving cash generation
Improved operating cash flow and positive free cash flow strengthen liquidity and internal funding capacity. This durable improvement reduces reliance on external financing, supports working capital and strategic investments, and provides a cushion against cyclical revenue pressures while consistency is established.
Read all positive factors
Veson Holdings Limited (1399) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$213.64M
Dividend YieldN/A
Average Volume (3M)87.67K
Price to Earnings (P/E)―
Beta (1Y)0.04
Revenue Growth-11.18%
EPS Growth-180.05%
CountryHK
Employees2,406
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)0.04
Shares Outstanding1,090,001,200
10 Day Avg. Volume66,200
30 Day Avg. Volume87,666
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)0.18
Price to Sales (P/S)0.04
P/FCF Ratio0.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Veson Holdings Limited Business Overview & Revenue Model
Company Description
Veson Holdings Limited, an investment holding company, engages in the research, development, manufacture, and sale of lithium-ion battery modules and related accessories for mobile phones, notebooks, tablets, and digital electronic appliances in t...
How the Company Makes Money
Veson Holdings Limited generates revenue through multiple channels, primarily by engaging in investment activities that yield returns on capital. The company's key revenue streams include capital gains from trading activities, income generated fro...
Veson Holdings Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
60
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.09B | 5.34B | 6.15B | 6.36B | 7.09B | 6.22B |
| Gross Profit | 305.77M | 370.36M | 418.78M | 452.96M | 512.76M | 390.29M |
| EBITDA | 116.22M | 163.99M | 205.60M | 192.18M | 214.32M | 65.69M |
| Net Income | -24.74M | -11.98M | 20.11M | 24.04M | 42.18M | -52.68M |
Balance Sheet | ||||||
| Total Assets | 4.10B | 4.37B | 4.87B | 5.04B | 5.58B | 4.64B |
| Cash, Cash Equivalents and Short-Term Investments | 148.71M | 332.96M | 133.82M | 200.94M | 226.69M | 211.29M |
| Total Debt | 1.13B | 1.23B | 1.31B | 1.20B | 1.20B | 943.28M |
| Total Liabilities | 3.03B | 3.28B | 3.78B | 3.97B | 4.52B | 3.62B |
| Stockholders Equity | 1.06B | 1.07B | 1.09B | 1.07B | 1.06B | 1.01B |
Cash Flow | ||||||
| Free Cash Flow | 124.64M | 221.45M | -130.50M | -251.24M | -5.83M | -740.94M |
| Operating Cash Flow | 156.34M | 256.00M | -102.10M | -177.85M | 152.87M | -345.13M |
| Investing Cash Flow | -22.25M | 89.23M | -11.66M | 224.81M | -392.91M | -160.58M |
| Financing Cash Flow | -143.51M | -140.59M | 42.05M | -58.82M | 252.22M | 306.15M |
Veson Holdings Limited Technical Analysis
Positive
0.19
Price Trends
0.20
Positive
0.20
Positive
0.19
Positive
Market Momentum
>-0.01
Negative
53.63
Neutral
69.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1399, the sentiment is Positive. The current price of 0.19 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.20, and below the 200-day MA of 0.19, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.63 is Neutral, neither overbought nor oversold. The STOCH value of 69.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1399.
Veson Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$1.43B | 8.32 | 8.98% | 6.40% | 13.14% | -28.26% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | HK$320.00M | -2.39 | 4.83% | 7.47% | 4.01% | ― | |
59 Neutral | HK$31.38B | 42.45 | 34.12% | 0.17% | ― | ― | |
52 Neutral | HK$201.60M | 29.71 | 3.13% | ― | 5.80% | 57.89% | |
51 Neutral | HK$213.64M | -6.87 | -2.32% | ― | -11.18% | -180.05% | |
44 Neutral | HK$45.04M | 111.75 | -2.31% | ― | 5.07% | -87.31% |
* Industrials Sector Average
HK:1399
Veson Holdings Limited
0.20
0.02
12.00%
HK:1710
Trio Industrial Electronics Group Limited
0.32
0.21
185.71%
HK:1729
Time Interconnect Technology Limited
15.00
11.56
336.05%
HK:1750
REM Group (Holdings) Ltd.
0.11
0.08
250.00%
HK:3919
Golden Power Group Holdings Ltd.
1.39
0.45
47.87%
HK:0842
Leoch International Technology Limited
0.99
0.13
15.25%
Veson Holdings Limited Corporate Events
Veson Holdings Renews Connected-Party Lease for Fuzhou Facilities
Dec 30, 2025
Veson Holdings Limited has renewed a one-year lease agreement under which its indirect wholly owned subsidiary Scud Electronics will continue to rent factory, office and warehouse premises from Scud Stock, a company 70% owned by Veson’s cont...
Veson Holdings Renews Connected-Party Lease with Scud Stock for 2026
Dec 30, 2025
Veson Holdings Limited has renewed a one-year lease agreement under which its indirect wholly owned subsidiary Scud Battery will continue to lease industrial and office premises in Fuzhou, Fujian to Scud Stock from 1 January 2026 to 31 December 20...
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.