VPower Group International Holdings Limited (1608) AI Stock Analysis

• Market Cap: €1.67B
• Dividend Yield: N/A
• Average Volume (3M): 674.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.14
• Revenue Growth: >-0.01%
• EPS Growth: 98.32%
• Country: HK
• Employees: 380
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): <0.01
• Shares Outstanding: 6,683,150,400
• 10 Day Avg. Volume: 297,300
• 30 Day Avg. Volume: 674,633
• 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: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €0.46
• Price Target Upside: 82.29% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues, persistent losses, and high leverage. Technical analysis further supports a bearish outlook, with the stock trading below key moving averages and lacking momentum. Valuation metrics are poor, with a negative P/E ratio and no dividend yield, underscoring fundamental challenges.

VPower Group International Holdings Limited Business Overview & Revenue Model

Company Description

VPower Group International Holdings Limited, an investment holding company, designs, integrates, sells, and installs gas-fired and diesel-fired gen-sets and power generation systems in Hong Kong, Macau, Mainland China, other Asian countries, Latin America, and internationally. The company operates in two segments, System Integration (SI); and Investment, Building and Operating (IBO). The SI segment designs, integrates, sells, and installs engine-based electricity generation units. The IBO segment designs, invests in, builds, and operates distributed power generation (DPG) stations to provide distributed power solutions. The company also engages in the sale and installation of power generation systems; trading of engines and components; and provision of consultancy and technical services. It serves customers in various sectors, including industry-grade and utility-grade DPG stations, governmental, residential and commercial buildings, data centers, hotels, construction works, mining operations, and railway and telecommunications projects. The company was founded in 2001 and is headquartered in Hung Hom, Hong Kong. VPower Group International Holdings Limited is a subsidiary of Energy Garden Limited.

How the Company Makes Money

VPower Group International Holdings Limited generates revenue through the sale and leasing of distributed power generation systems. The company also earns income by providing power station operation and maintenance services, ensuring the efficient and uninterrupted operation of installed systems. Revenue streams are further supplemented by signing long-term power purchase agreements with clients, which may include governments and industrial entities requiring stable and reliable power supply. Additionally, strategic partnerships and joint ventures in various markets strengthen its revenue potential and market reach.

VPower Group International Holdings Limited Financial Statement Overview

Summary

VPower Group faces significant financial challenges with declining revenues and persistent losses. High leverage and negative cash flow trends pose risks to financial stability. While there are some areas of improvement, such as gross profit margin, the overall financial position is weak, warranting strategic reassessment.

Income Statement

The company's income statement shows a declining trend in revenue over recent years, with a significant drop in net income, indicating profitability challenges. The gross profit margin improved from 2023 to 2024 but remains low. Negative EBIT and EBITDA margins in 2023 signal operating inefficiencies.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, indicating significant leverage. The company's equity ratio is stable but low, suggesting limited financial resilience. Return on equity has been negative, reflecting ongoing profitability issues.

Cash Flow

Cash flow analysis shows inconsistency, with operating cash flow turning negative in 2021 and free cash flow declining significantly. The inability to generate positive free cash flow consistently highlights potential liquidity risks.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.52B	1.50B	3.36B	5.09B	3.39B
Gross Profit	287.06M	46.16M	556.47M	699.95M	735.00M
EBITDA	223.03M	-1.58B	388.61M	637.02M	868.28M
Net Income	-233.08M	-2.85B	-316.85M	45.69M	516.29M
Balance Sheet
Total Assets	5.86B	6.24B	8.91B	10.35B	9.13B
Cash, Cash Equivalents and Short-Term Investments	122.81M	131.23M	165.18M	572.18M	1.08B
Total Debt	2.50B	2.82B	3.02B	3.97B	3.25B
Total Liabilities	4.28B	4.35B	5.77B	6.82B	5.65B
Stockholders Equity	1.58B	1.88B	3.14B	3.48B	3.44B
Cash Flow
Free Cash Flow	212.69M	128.70M	-48.67M	-1.30B	1.36B
Operating Cash Flow	249.46M	226.95M	121.39M	-980.84M	1.67B
Investing Cash Flow	-2.89M	-29.30M	-211.68M	-191.23M	-604.72M
Financing Cash Flow	-241.40M	-179.12M	-234.08M	649.50M	-917.64M

VPower Group International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1608, the sentiment is Negative. The current price of 0.25 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.27, and above the 200-day MA of 0.24, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.30 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1608.

VPower Group International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1979	74 Outperform	2.26B	5.40	20.69%	5.11%	18.32%	14.06%
3393	72 Outperform	11.42B	12.60	12.99%	3.28%	20.33%	27.05%
0842	67 Neutral	2.45B	5.31	12.32%	6.43%	13.14%	-28.26%
8328	47 Neutral	534.16M	-2.61	-20.96%	―	-28.40%	-350.00%
2188	44 Neutral	417.77M	-8.48	-8.10%	―	-0.93%	42.31%
1608	42 Neutral	€1.67B	―	-4.59%	―	>-0.01%	98.32%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

VPower Group International Holdings Limited Corporate Events

VPower Group Updates Board of Directors

VPower Group International Holdings Limited has announced an updated list of its board of directors, effective from September 1, 2025. The announcement outlines the roles and functions of each board member, including executive, non-executive, and independent non-executive directors, along with their respective committee memberships. This update is crucial for stakeholders as it reflects the company’s governance structure and may influence its strategic direction.

The most recent analyst rating on (HK:1608) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on VPower Group International Holdings Limited stock, see the HK:1608 Stock Forecast page.

VPower Group Announces Board Changes with New Executive Appointment

VPower Group International Holdings Limited has announced a change in its board of directors, effective from September 1, 2025. Mr. Lu Weijun will resign as an executive director due to other work commitments, and Mr. Liu Ruikun will be appointed to fill the vacancy. Mr. Liu brings a wealth of experience in corporate legal management and governance, having held significant positions in various companies, including Genertec International. His appointment is expected to strengthen the company’s strategic and compliance functions.

The most recent analyst rating on (HK:1608) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on VPower Group International Holdings Limited stock, see the HK:1608 Stock Forecast page.

VPower Group Sees Revenue Decline but Returns to Profit

VPower Group International Holdings Limited reported a 25% decrease in revenue to HK$612.1 million for the six months ended June 30, 2025, with significant declines in its SI business. Despite the revenue drop, the company achieved a profit of approximately HK$20.7 million, attributed to other income from asset disposals and reduced interest expenses, marking a turnaround from a previous loss.

The most recent analyst rating on (HK:1608) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on VPower Group International Holdings Limited stock, see the HK:1608 Stock Forecast page.

VPower Group Schedules Board Meeting to Review Interim Results

VPower Group International Holdings Limited has announced a board meeting scheduled for August 28, 2025, to discuss and approve the company’s unaudited interim results for the first half of the year and consider the payment of an interim dividend. This meeting is significant for stakeholders as it will provide insights into the company’s financial performance and potential shareholder returns.

VPower Group Announces Positive Profit Alert for H1 2025

VPower Group International Holdings Limited has announced a positive profit alert for the six months ending June 30, 2025, with an expected unaudited consolidated profit of approximately HK$20 million. This turnaround from a HK$139 million loss in the same period of 2024 is primarily due to income from the disposal of power generating assets and reduced interest expenses from repaid bank borrowings. The final results are yet to be confirmed and will be published by the end of August 2025.

VPower Group Secures Shareholder Approval for Key Resolutions at AGM

VPower Group International Holdings Limited announced the successful approval of all resolutions at its annual general meeting held on June 12, 2025. The resolutions included the adoption of financial statements, re-election of directors, and authorization for the board to fix remuneration and issue new shares. This approval reflects strong shareholder support and positions the company for continued strategic initiatives and governance stability.