XHKG
2148
Market cap814mUSD
Apr 25, Last price
5.57HKD
1D
0.00%
1Q
6.50%
IPO
-50.97%
Name
Vesync Co Ltd
Chart & Performance
P/E
8.76
P/S
1.25
EPS
0.08
Div Yield, %
4.41%
Shrs. gr., 5y
-0.74%
Rev. gr., 5y
30.58%
Revenues
653m
+11.47%
Net income
93m
+20.09%
CFO
0k
-100.00%
Dividend
Oct 02, 20240.0888 HKD/sh
Earnings
May 30, 2025
Profile
Vesync Co., Ltd., together with its subsidiaries, designs, develops, and sells small home appliances and smart home devices in North America, Europe, and Asia. The company offers air purifiers, humidifiers, diffusers, and vacuum cleaners under the Levoit brand name; and smart home gadgets and outdoor recreation products, as well as health monitoring devices and personal care products, such as smart fitness scales, smart nutrition scales, smart plug, smart dimmable light bulb, smart light switches, and smart foot massager under the Etekcity brand names. It also provides kitchen appliances and dining ware, including air fryers, toaster ovens, gooseneck kettles, and food dehydrators under the Cosori brand name, as well as offers a range of cooking recipes on the website, www.cosori.com. The company offers products through Amazon Seller Central and Vendor Central programs; and its websites and other e-commerce marketplaces, as well as directly to other individual or enterprise customers. Vesync Co., Ltd. was founded in 2011 and is based in Shenzhen, China.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | ||||||||
Revenues | 652,640 11.47% | 585,484 19.39% | 490,378 7.95% | |||||
Cost of revenue | 582,344 | 439,261 | 456,919 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 70,296 | 146,223 | 33,459 | |||||
NOPBT Margin | 10.77% | 24.97% | 6.82% | |||||
Operating Taxes | 18,437 | 10,042 | (5,524) | |||||
Tax Rate | 26.23% | 6.87% | ||||||
NOPAT | 51,859 | 136,181 | 38,983 | |||||
Net income | 93,048 20.09% | 77,481 -574.85% | (16,317) -139.23% | |||||
Dividends | (2,930) | (18,943) | ||||||
Dividend yield | 0.05% | 0.35% | ||||||
Proceeds from repurchase of equity | (22,573) | (2,050) | ||||||
BB yield | 0.37% | 0.04% | ||||||
| Debt | ||||||||
Debt current | 25,476 | 33,116 | 72,639 | |||||
Long-term debt | 18,639 | 13,719 | 19,485 | |||||
Deferred revenue | ||||||||
Other long-term liabilities | 3,955 | 4,167 | 3,536 | |||||
Net debt | (331,833) | (75,897) | (28,386) | |||||
| Cash flow | ||||||||
Cash from operating activities | 106,100 | 1,295 | ||||||
CAPEX | (2,440) | (3,174) | ||||||
Cash from investing activities | (75,228) | 22,257 | ||||||
Cash from financing activities | (17,803) | (22,165) | ||||||
FCF | 230,406 | 148,642 | 42,566 | |||||
| Balance | ||||||||
Cash | 319,462 | 137,060 | 106,741 | |||||
Long term investments | 56,486 | (14,328) | 13,769 | |||||
Excess cash | 343,316 | 93,458 | 95,991 | |||||
Stockholders' equity | 240,201 | 160,255 | 87,658 | |||||
Invested Capital | 165,507 | 276,544 | 261,731 | |||||
ROIC | 23.46% | 50.60% | 16.00% | |||||
ROCE | 17.33% | 39.52% | 9.58% | |||||
| EV | ||||||||
Common stock shares outstanding | 1,081,983 | 1,120,364 | 1,132,959 | |||||
Price | 5.29 -1.67% | 5.38 11.39% | 4.83 -49.10% | |||||
Market cap | 5,723,691 -5.04% | 6,027,559 10.15% | 5,472,192 -48.96% | |||||
EV | 5,391,858 | 5,951,662 | 5,443,765 | |||||
EBITDA | 70,296 | 153,248 | 40,491 | |||||
EV/EBITDA | 76.70 | 38.84 | 134.44 | |||||
Interest | 1,532 | 1,691 | ||||||
Interest/NOPBT | 1.05% | 5.05% | ||||||