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BOE Varitronix Limited logo

BOE Varitronix Limited

0710.HK

HKSETechnologyHardware, Equipment & Parts

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Latest quote

HK$3.74

−HK$0.02 · -0.53%

Aug 24, 4:08 PM HKT

0710.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

BOE Varitronix Limited functions as an investment holding company primarily engaged in the design, manufacturing, and global sales of liquid crystal display (LCD) and associated products. Its operational reach extends across the People's Republic of China, Europe, the United States, South Korea, and other international territories. The company's main offering includes thin film transistor (TFT) modules. These display technologies are integrated into various automotive applications, such as digital instrument clusters, central information displays, head-up displays (HUDs), and E-mirror products. They also serve diverse industrial sectors, including white goods, home automation, and other specialized products. Furthermore, BOE Varitronix Limited is involved in property management and provides marketing and sales consulting services. The firm, established in 1978 and headquartered in Kwun Tong, Hong Kong, adopted its current name in July 2017, having previously been known as Varitronix International Limited.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
HK
CEO
Ning Su
Listed since
Jul 1, 1991
Employees
7,871

Market position

Day range

Current HK$3.74

52-week range

Current HK$3.74

Open
HK$3.76
Previous close
HK$3.76
Volume
2.6M
1.21× average
Average volume
2.15M
Average daily volume
Market cap
2.88B HKD
Beta
0.56
Market reference 1
50-day average
HK$4.035
-7.31% below average
200-day average
HK$4.5374
-17.57% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%13%6%-1%Gross margin, FY2021: 7.42%Gross margin, FY2022: 8.22%Gross margin, FY2023: 18.27%Gross margin, FY2024: 16.59%Gross margin, FY2025: 5.45%Operating margin, FY2021: 4.52%Operating margin, FY2022: 6.25%Operating margin, FY2023: 5.29%Operating margin, FY2024: 3.25%Operating margin, FY2025: 1.01%Net margin, FY2021: 4.24%Net margin, FY2022: 5.43%Net margin, FY2023: 4.42%Net margin, FY2024: 2.91%Net margin, FY2025: 2.47%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 7.42%. Gross margin FY2022 8.22%. Gross margin FY2023 18.27%. Gross margin FY2024 16.59%. Gross margin FY2025 5.45%. Operating margin FY2021 4.52%. Operating margin FY2022 6.25%. Operating margin FY2023 5.29%. Operating margin FY2024 3.25%. Operating margin FY2025 1.01%. Net margin FY2021 4.24%. Net margin FY2022 5.43%. Net margin FY2023 4.42%. Net margin FY2024 2.91%. Net margin FY2025 2.47%.

Income trends

Revenue

13.96B HKD+3.78%

Operating income

141.28M HKD-67.70%

Net income

345.37M HKD-11.73%
Income trends across reported periods15.34B HKD9.81B HKD4.29B HKD−1.24B HKDRevenue, FY2021: 7.74B HKDRevenue, FY2022: 10.72B HKDRevenue, FY2023: 10.76B HKDRevenue, FY2024: 13.45B HKDRevenue, FY2025: 13.96B HKDOperating income, FY2021: 350.08M HKDOperating income, FY2022: 670.46M HKDOperating income, FY2023: 569.72M HKDOperating income, FY2024: 437.45M HKDOperating income, FY2025: 141.28M HKDNet income, FY2021: 327.8M HKDNet income, FY2022: 582.45M HKDNet income, FY2023: 475.26M HKDNet income, FY2024: 391.28M HKDNet income, FY2025: 345.37M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.74B HKD. Revenue FY2022 10.72B HKD. Revenue FY2023 10.76B HKD. Revenue FY2024 13.45B HKD. Revenue FY2025 13.96B HKD. Operating income FY2021 350.08M HKD. Operating income FY2022 670.46M HKD. Operating income FY2023 569.72M HKD. Operating income FY2024 437.45M HKD. Operating income FY2025 141.28M HKD. Net income FY2021 327.8M HKD. Net income FY2022 582.45M HKD. Net income FY2023 475.26M HKD. Net income FY2024 391.28M HKD. Net income FY2025 345.37M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue13.96B HKD13.45B HKD10.76B HKD10.72B HKD7.74B HKD
Cost of goods sold13.2B HKD11.22B HKD8.79B HKD9.84B HKD7.16B HKD
Gross profit760.6M HKD2.23B HKD1.97B HKD881.45M HKD574.52M HKD
Research and development327.09M HKD284.16M HKD236.52M HKD192.75M HKD202.37M HKD
Selling, general, and administrative251.76M HKD256.2M HKD153.75M HKD133.97M HKD58.33M HKD
Operating expenses619.32M HKD583.97M HKD1.4B HKD352.8M HKD285.38M HKD
Interest income106.6M HKD115.44M HKD93.28M HKD52.85M HKD25.4M HKD
Interest expense19.71M HKD15.36M HKD28.61M HKD14.04M HKD2.35M HKD
Depreciation and amortization273.19M HKD248.37M HKD205.26M HKD171.07M HKD163.49M HKD
Operating income141.28M HKD437.45M HKD569.72M HKD670.46M HKD350.08M HKD
Net income345.37M HKD391.28M HKD475.26M HKD582.45M HKD327.8M HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
25%
1 beat, 2 misses, 1 met estimate
Average EPS surprise
-7.52%
4 comparable reports
Latest EPS result
0.27
Estimate 0.27 · Met by 0.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.510.40.290.19Q3 '22BeatQ1 '23MissQ3 '23No estimateQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26Met
Q3 2022, reported Aug 15, 2022: actual 0.342, estimate 0.34, surprise +0.68%, Beat. Q1 2023, reported Mar 21, 2023: actual 0.436, estimate 0.472, surprise -7.69%, Miss. Q3 2023, reported Aug 23, 2023: actual 0.257, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 21, 2024: actual 0.345, estimate 0.448, surprise -23.08%, Miss. Q3 2024, reported Aug 22, 2024: actual 0.218, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 0.277, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 24, 2025: actual 0.229, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 23, 2026: actual 0.27, estimate 0.27, surprise 0.00%, Met estimate.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates13.95B10.53B7.11B3.68BQ3 '22BeatQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24BeatQ1 '25BeatQ3 '25No estimateQ1 '26Miss
Q3 2022, reported Aug 15, 2022: actual 4.83B HKD, estimate 4.33B HKD, surprise +11.52%, Beat. Q1 2023, reported Mar 21, 2023: actual 5.89B HKD, estimate 13.24B HKD, surprise -55.50%, Miss. Q3 2023, reported Aug 23, 2023: actual 5.21B HKD, estimate 5.9B HKD, surprise -11.63%, Miss. Q1 2024, reported Mar 21, 2024: actual 5.55B HKD, estimate 11.71B HKD, surprise -52.59%, Miss. Q3 2024, reported Aug 22, 2024: actual 6.16B HKD, estimate 5.98B HKD, surprise +2.93%, Beat. Q1 2025, reported Mar 26, 2025: actual 7.29B HKD, estimate 6.94B HKD, surprise +5.03%, Beat. Q3 2025, reported Aug 24, 2025: actual 6.67B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 23, 2026: actual 7.29B HKD, estimate 7.82B HKD, surprise -6.83%, Miss.

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ETFs holding 0710.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
2.59M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Emerging Markets ETF logoVanguard FTSE Emerging Markets ETFVWO
Market value
2.58M
Weight
0.00%
AUM
162.3B USD
Expense ratio
0.06%
Price / 1D
$60.45+0.72%
Avantis Emerging Markets Equity ETF logoAvantis Emerging Markets Equity ETFAVEM
Market value
708.21K
Weight
—
AUM
27.89B USD
Expense ratio
0.33%
Price / 1D
$94.24+0.75%
Vanguard FTSE All-World ex-US Small-Cap ETF logoVanguard FTSE All-World ex-US Small-Cap ETFVSS
Market value
301.13K
Weight
0.00%
AUM
13.6B USD
Expense ratio
0.06%
Price / 1D
$160.06+0.43%
Dimensional - Emerging Markets Core Equity 2 ETF logoDimensional - Emerging Markets Core Equity 2 ETFDFEM
Market value
258.97K
Weight
0.00%
AUM
9.49B USD
Expense ratio
0.39%
Price / 1D
$39.93+0.50%
Avantis Emerging Markets Value ETF logoAvantis Emerging Markets Value ETFAVES
Market value
242.76K
Weight
0.02%
AUM
1.5B USD
Expense ratio
0.36%
Price / 1D
$65.16+0.51%
State Street SPDR Portfolio Developed World ex-US ETF logoState Street SPDR Portfolio Developed World ex-US ETFSPDW
Market value
172.71K
Weight
0.00%
AUM
41.92B USD
Expense ratio
0.03%
Price / 1D
$52.02+0.79%
Dimensional - Emerging Core Equity Market ETF logoDimensional - Emerging Core Equity Market ETFDFAE
Market value
143.87K
Weight
0.00%
AUM
10B USD
Expense ratio
0.29%
Price / 1D
$39.49+0.51%

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