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Vesync Co., Ltd.
(2148)
Vesync Co., Ltd. (2148) vs. iShares MSCI Hong Kong ETF (EWH)
Vesync Co., Ltd. Business Overview & Revenue Model
Vesync Co., Ltd. Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 652.64M | 585.48M | 490.38M | 454.25M | 348.92M | Gross Profit |
| 306.58M | 274.37M | 142.29M | 176.11M | 152.42M | EBIT |
| 111.37M | 57.52M | -20.35M | 51.90M | 61.34M | EBITDA |
| 112.23M | 96.03M | -13.12M | 57.64M | 64.87M | Net Income Common Stockholders |
| 93.05M | 77.48M | -16.32M | 41.59M | 54.72M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 319.46M | 137.06M | 106.74M | 126.66M | 183.45M | Total Assets |
| 649.80M | 565.13M | 457.29M | 460.81M | 369.72M | Total Debt |
| 32.44M | 38.32M | 80.69M | 48.54M | 14.71M | Net Debt |
| -144.92M | -65.99M | -26.05M | -78.12M | -168.75M | Total Liabilities |
| 280.48M | 237.62M | 179.84M | 146.17M | 109.59M | Stockholders Equity |
| 369.32M | 327.52M | 277.50M | 314.64M | 260.13M |
| Cash Flow | Free Cash Flow | |||
| 136.05M | 103.66M | -1.88M | -51.02M | 8.31M | Operating Cash Flow |
| 144.84M | 106.10M | 1.29M | -46.68M | 9.65M | Investing Cash Flow |
| -35.58M | -75.23M | 22.26M | -46.32M | -6.32M | Financing Cash Flow |
| -34.32M | -17.80M | -22.16M | 6.66M | 171.11M |
Vesync Co., Ltd. Technical Analysis
Vesync Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$6.35B | 8.27 | 26.76% | 6.38% | 11.09% | 23.22% | |
62 Neutral | $6.86B | 11.07 | 2.77% | 4.27% | 2.66% | -24.95% | |
| $6.29B | 12.16 | 9.94% | 0.81% | ― | ― | ||
| HK$490.76M | ― | -6.45% | ― | ― | ― | ||
| €1.13B | ― | -26.60% | ― | ― | ― | ||
| €468.20M | ― | -29.17% | 2.40% | ― | ― | ||
51 Neutral | HK$245.03M | 15.44 | 1.67% | ― | -5.11% | ― |
Vesync Co., Ltd. Corporate Events
Vesync Co., Ltd, a company incorporated in the Cayman Islands, has announced its privatization through a scheme of arrangement sanctioned by the Grand Court. The scheme, effective from May 6, 2025, will result in the withdrawal of Vesync’s shares from the Hong Kong Stock Exchange on May 7, 2025. This move is part of a special deal related to an investor arrangement, indicating a strategic shift in the company’s market approach.
Vesync Co., Ltd, a company incorporated in the Cayman Islands, has announced a proposal for its privatization through a scheme of arrangement, which has been sanctioned by the Grand Court. The scheme, which involves the withdrawal of Vesync’s listing, is subject to the fulfillment of certain conditions, including obtaining necessary authorizations and approvals from relevant authorities. This move is expected to impact Vesync’s market presence and operations as it transitions from a public to a private entity.
Vesync Co., Ltd. announced the resignation of Mr. Yang Yuzheng from his position as a non-executive director due to personal health reasons. Mr. Yang, a key controlling shareholder and member of the Founder Group, stepped down following the consent of the SFC, ensuring his resignation does not affect the ongoing offer process. The company expressed gratitude for his contributions and confirmed there are no disagreements with the board.
Vesync Co., Ltd. has announced the composition of its board of directors and their respective roles within the company. The board includes executive directors and independent non-executive directors, with Ms. Yang Lin serving as the Chairperson. The board has established three standing committees: Audit, Remuneration, and Nomination, with various directors appointed as members or chairpersons of these committees. This announcement is significant as it outlines the governance structure of the company, which is crucial for its strategic direction and operational oversight.
Vesync Co., Ltd, a company incorporated in the Cayman Islands, has announced a proposal for its privatization through a scheme of arrangement under Section 86 of the Companies Act. The proposal, which includes the withdrawal of its listing on the Hong Kong Stock Exchange, was approved by shareholders at a recent Court Meeting and Extraordinary General Meeting. This move is expected to impact the company’s market presence as it transitions from a public to a private entity, potentially affecting its stakeholders and future operations.
Vesync Co., Ltd and Victory III Co., Ltd have announced a proposal for the privatization of Vesync through a scheme of arrangement under the Companies Act, alongside a proposed withdrawal of its listing. The announcement includes a non-binding letter of support from Meridian Future Limited, which increases the total support from disinterested shareholders to approximately 21.76%. The proposal’s implementation is contingent upon certain conditions being met, and stakeholders are advised to exercise caution.
Vesync Co., Ltd, a company incorporated in the Cayman Islands, is involved in a proposal for its privatization by Victory III Co., Ltd through a scheme of arrangement under the Companies Act. The company has announced the dispatch of the Scheme Document, which outlines the details of the proposal, expected timetable, and recommendations from the Independent Board Committee and Financial Adviser. The Independent Financial Adviser has deemed the proposal fair and reasonable, advising shareholders to vote in favor of the resolution at the upcoming Court Meeting and EGM.
Vesync Co., Ltd. has announced a court-directed meeting for its Scheme Shareholders to consider and potentially approve a scheme of arrangement. This meeting, scheduled for April 23, 2025, in Hong Kong, is part of a legal process involving the Grand Court of the Cayman Islands. The outcome of this meeting may impact the company’s operations and its stakeholders, as the scheme requires subsequent court sanction.
Vesync Co., Ltd., a company incorporated in the Cayman Islands, has announced an Extraordinary General Meeting (EGM) to be held on April 23, 2025, in Hong Kong. The meeting aims to discuss and potentially approve a scheme of arrangement involving a reduction and subsequent maintenance of the company’s issued share capital, as well as an investor arrangement considered a special deal under the Takeovers Code. This announcement could significantly impact the company’s capital structure and shareholder arrangements.