Value Convergence Holdings Ltd

Value Convergence Holdings Ltd has a market capitalization of 85.62 million HKD, with a market price of 0.26 HKD per share. The company has 329,297,219 basic and diluted shares outstanding, indicating no immediate dilution pressure from share issuance. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in the source documents.

The company reported a last actual earnings per share (EPS) of 0.18 HKD and revenue of 129.67 million HKD. These figures suggest a relatively modest revenue base for a firm in the investment banking and brokerage services industry. While the EPS is positive, it is important to compare it with the industry median to assess relative profitability. The company's profitability metrics, such as return on equity (ROE) and return on assets (ROA), are not available in the current dataset, which limits the ability to evaluate its efficiency in generating returns from its capital base.

The company's revenue is not segmented by geographic region or business line in the available data, making it difficult to assess the concentration of its revenue sources. This lack of segmentation could pose a risk if the company is overly reliant on a single market or client base, which is not currently quantifiable from the provided data.

The company's growth trajectory is not clearly defined in the available data, as there are no forward-looking revenue projections or historical growth rates provided. The absence of such data makes it challenging to assess the company's potential for future expansion or contraction. Additionally, the lack of detailed financial history limits the ability to model the company's performance over time.

The risk assessment indicates a low level of dilution risk, as the number of basic and diluted shares is the same. However, the company's liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in the source documents. This lack of information could be a red flag for investors, as it suggests that the company's ability to meet short-term obligations is uncertain.

There are no recent events or filings mentioned in the available data that would indicate significant changes in the company's operations or financial status. The absence of recent disclosures or transcripts means that investors must rely on historical data to make informed decisions, which may not reflect the company's current situation.

Net income improved by 51.3% year-over-year in FY2009, signaling a potential stabilization of profitability trends.

Operating income rose 52.2% year-over-year in FY2009, indicating a significant reduction in operational losses.

Total assets grew by 10.2% year-over-year in FY2009, demonstrating continued balance sheet expansion despite revenue declines.

Dilution risk is assessed as low, suggesting limited immediate threat to existing shareholder equity value.

Gross profit remained positive at HKD 55.99 million in FY2009, preserving some underlying margin despite net losses.

The company reported a net loss of HKD 62.6 million in FY2009, failing to return to profitability.

Long-term debt increased to HKD 43.88 million in FY2009, rising from HKD 21.68 million in FY2005.

Operating income remained negative at HKD -58.5 million in FY2009, highlighting persistent core business inefficiencies.

Revenue HK$60.1M, −12,9% YoY; Operating income +52,2% YoY.

• ▍Revenue HK$60.1M, −12,9% YoY
• ▍Operating income +52,2% YoY
• ▍Net income +51,2% YoY
• ▍Net margin -104.1%

Revenue HK$69.1M, −5,8% YoY; Operating income +57,3% YoY.

• ▍Revenue HK$69.1M, −5,8% YoY
• ▍Operating income +57,3% YoY
• ▍Net income +55,4% YoY
• ▍Free cash flow +57,0% YoY
• ▍Net margin -186.0%

Revenue HK$73.3M, +0,1% YoY; Operating income −64,1% YoY.

• ▍Revenue HK$73.3M, +0,1% YoY
• ▍Operating income −64,1% YoY
• ▍Net income −61,6% YoY
• ▍Free cash flow −62,8% YoY
• ▍Net margin -392.5%

Revenue HK$73.3M, −19,1% YoY; Operating income −519,6% YoY.

• ▍Revenue HK$73.3M, −19,1% YoY
• ▍Operating income −519,6% YoY
• ▍Net income −1 272,6% YoY
• ▍Free cash flow −565,6% YoY
• ▍Net margin -243.0%

Revenue HK$90.6M; Operating income HK$41.7M.

• ▍Revenue HK$90.6M
• ▍Operating income HK$41.7M
• ▍Net margin 16.8%