Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Dec'18
Dec'17
Net Sales
73,891.30
77,323.99
78,335.45
69,961.88
66,209.92
62,481.96
54,543.08
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
73,891.30
77,323.99
78,335.45
69,961.88
66,209.92
62,481.96
54,543.08
Raw Material Cost
70,394.78
73,950.18
74,700.12
66,836.36
63,242.07
59,652.02
52,196.05
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
1,056.26
1,080.95
846.48
885.33
781.65
676.63
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
340.05
258.49
146.52
193.91
295.62
240.41
204.86
Selling and Distribution Expenses
2,070.59
2,060.86
2,039.79
1,774.44
1,677.58
1,630.94
1,381.86
Other Expenses
-34.01
-131.47
-122.75
-104.04
-118.09
-102.21
-88.15
Total Expenditure (Excl Depreciation)
72,465.37
76,011.04
76,739.91
68,610.80
64,919.65
61,282.96
53,577.91
Operating Profit (PBDIT) excl Other Income
1425.9
1313
1595.5
1351.1000000000001
1290.3
1199
965.1999999999999
Other Income
9.22
25.43
34.31
-34.29
14.85
-11.60
159.40
Operating Profit (PBDIT)
1,435.15
1,480.61
1,762.01
1,441.15
1,424.66
1,222.66
1,153.20
Interest
340.05
258.49
146.52
193.91
295.62
240.41
204.86
Exceptional Items
0.00
-10.12
31.37
103.56
0.00
0.00
0.00
Gross Profit (PBDT)
3,496.52
3,373.81
3,635.33
3,125.52
2,967.85
2,829.94
2,347.04
Depreciation
0.00
142.22
132.16
124.35
119.53
35.25
28.62
Profit Before Tax
1,095.09
1,069.78
1,514.69
1,226.45
1,009.51
947.00
919.71
Tax
240.17
258.71
241.11
179.69
199.56
206.17
203.27
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
922.03
823.07
1,314.03
1,067.58
809.95
740.83
716.44
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
922.03
823.07
1,314.03
1,067.58
809.95
740.83
716.44
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
922.03
823.07
1,314.03
1,067.58
809.95
740.83
716.44
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.1
0.1
0.1
0.1
0.1
0.1
Reserves
8,222.84
7,657.78
7,911.43
6,826.29
5,654.47
5,046.72
4,834.71
Earnings per share (EPS)
0.66
0.58
0.93
0.75
0.57
0.52
0.5
Diluted Earnings per share
0.66
0.58
0.93
0.75
0.57
0.52
0.5
Operating Profit Margin (Excl OI)
1.93%
1.7%
2.04%
1.93%
1.95%
1.92%
1.77%
Gross Profit Margin
1.48%
1.57%
2.1%
1.93%
1.71%
1.57%
1.74%
PAT Margin
1.25%
1.06%
1.68%
1.53%
1.22%
1.19%
1.31%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2023 is -4.44% vs -1.29% in Dec 2022
Consolidate Net Profit
YoY Growth in year ended Dec 2023 is 12.02% vs -37.36% in Dec 2022
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2023 is -2.01% vs -15.77% in Dec 2022
Interest
YoY Growth in year ended Dec 2023 is 31.57% vs 76.45% in Dec 2022
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2023 has improved from Dec 2022
Compare Annual Results Of VSTECS Holdings Ltd. With
Figures in Million
Consolidate Annual Results
Change(HKD)
Change(%)
Net Sales
73,891.30
4,365.39
69,525.91
1,592.66%
Other Operating Income
0.00
0.00
0.00
Total Operating income
73,891.30
4,365.39
69,525.91
1,592.66%
Raw Material Cost
70,394.78
3,561.47
66,833.31
1,876.57%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
340.05
99.38
240.67
242.17%
Selling and Distribution Expenses
2,070.59
500.75
1,569.84
313.50%
Other Expenses
-34.01
19.41
-53.42
-275.22%
Total Expenditure (Excl Depreciation)
72,465.37
4,355.68
68,109.69
1,563.70%
Operating Profit (PBDIT) excl Other Income
1,425.92
9.71
1,416.21
14,585.07%
Other Income
9.22
63.26
-54.04
-85.43%
Operating Profit (PBDIT)
1,435.15
240.12
1,195.03
497.68%
Interest
340.05
99.38
240.67
242.17%
Exceptional Items
0.00
64.77
-64.77
-100.00%
Gross Profit (PBDT)
3,496.52
803.92
2,692.60
334.93%
Depreciation
0.00
166.76
-166.76
-100.00%
Profit Before Tax
1,095.09
38.76
1,056.33
2,725.31%
Tax
240.17
27.98
212.19
758.36%
Provisions and contingencies
0
0
0.00
Profit After Tax
922.03
12.85
909.18
7,075.33%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
922.03
12.85
909.18
7,075.33%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.00
-1.67
1.67
100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
922.03
11.17
910.86
8,154.52%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
8,222.84
2,981.39
5,241.45
175.81%
Earnings per share (EPS)
0.66
0.03
0.63
2,100.00%
Diluted Earnings per share
0.66
0.03
0.63
2,100.00%
Operating Profit Margin (Excl OI)
1.93%
0.23%
0.00
1.70%
Gross Profit Margin
1.48%
4.71%
0.00
-3.23%
PAT Margin
1.25%
0.29%
0.00
0.96%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 7,389.13 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is -4.44% vs -1.29% in Dec 2022
Annual - Consolidate Net Profit
Consolidate Net Profit 92.20 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is 12.02% vs -37.36% in Dec 2022
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 142.59 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is -2.01% vs -15.77% in Dec 2022
Annual - Interest
Interest 34.01 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is 31.57% vs 76.45% in Dec 2022
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 1.93%
in Dec 2023Figures in %
YoY Growth in year ended Dec 2023 has improved from Dec 2022






