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Value Convergence Holdings Limited logo

Value Convergence Holdings Limited

0821.HK

HKSEFinancial ServicesFinancial - Capital Markets

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Latest quote

HK$0.405

+HK$0.025 · +6.58%

Aug 24, 3:59 PM HKT

0821.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Value Convergence Holdings Limited operates as an investment holding company, delivering a comprehensive suite of financial services across Hong Kong. Its operations are structured into six distinct divisions: Brokerage and Financing, Corporate Finance and Other Advisory Services, Asset Management, Insurance Brokerage, Proprietary Trading, and the Marketing and Sale of Digital Assets. The company provides a broad array of services, including brokerage and dealing for securities, futures, and options, alongside offering margin financing and money lending. It also undertakes placing and underwriting activities, and engages in the trading of equity, debt instruments, and various other financial products. Furthermore, Value Convergence extends its expertise to encompass mergers and acquisitions advisory, research, corporate services, insurance brokerage, asset management, financial and management consulting, registered office provisions, business administration, and company secretarial support. Notably, it facilitates the sale and marketing of digital assets, such as Q-coins, via its dedicated electronic platform. Established in 1986, the company maintains its headquarters in Wanchai, Hong Kong.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
HK
CEO
Kam Fat Wong
Listed since
Apr 9, 2001
Employees
67

Market position

Volume
7.25M
2.49× average
Average volume
2.91M
Average daily volume
Market cap
150.29M HKD
Beta
0.69
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
32.76M HKD
P/E (TTM)
-1.68×
P/B (TTM)
0.37×
P/S (TTM)
1.96×
EV / EBITDA
-0.61×
Earnings yield
-68.15%
Free cash flow yield
-4.69%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
94.12%
Operating margin
-77.14%
Net margin
-81.77%
Return on equity
-17.49%
Return on assets
-12.57%
Return on invested capital
-12.01%

Financial health

Debt / equity
0.12×
Current ratio
11.36×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends647%342%36%-269%Gross margin, FY2021: 121.60%Gross margin, FY2022: 111.37%Gross margin, FY2023: 131.49%Gross margin, FY2024: 100.00%Gross margin, FY2025: 71.10%Operating margin, FY2021: 52.34%Operating margin, FY2022: -18.35%Operating margin, FY2023: 570.28%Operating margin, FY2024: -63.58%Operating margin, FY2025: -120.47%Net margin, FY2021: 16.91%Net margin, FY2022: 182.49%Net margin, FY2023: 567.17%Net margin, FY2024: -192.29%Net margin, FY2025: -125.90%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 121.60%. Gross margin FY2022 111.37%. Gross margin FY2023 131.49%. Gross margin FY2024 100.00%. Gross margin FY2025 71.10%. Operating margin FY2021 52.34%. Operating margin FY2022 -18.35%. Operating margin FY2023 570.28%. Operating margin FY2024 -63.58%. Operating margin FY2025 -120.47%. Net margin FY2021 16.91%. Net margin FY2022 182.49%. Net margin FY2023 567.17%. Net margin FY2024 -192.29%. Net margin FY2025 -125.90%.

Income trends

Revenue

49.73M HKD-24.72%

Operating income

−59.91M HKD-42.65%

Net income

−62.6M HKD+50.71%
Income trends across reported periods127.72M HKD−23.94M HKD−175.59M HKD−327.24M HKDRevenue, FY2021: 89.81M HKDRevenue, FY2022: −97.59M HKDRevenue, FY2023: −50.74M HKDRevenue, FY2024: 66.05M HKDRevenue, FY2025: 49.73M HKDOperating income, FY2021: 47.01M HKDOperating income, FY2022: 17.91M HKDOperating income, FY2023: −289.33M HKDOperating income, FY2024: −42M HKDOperating income, FY2025: −59.91M HKDNet income, FY2021: 15.19M HKDNet income, FY2022: −178.09M HKDNet income, FY2023: −287.75M HKDNet income, FY2024: −127.02M HKDNet income, FY2025: −62.6M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 89.81M HKD. Revenue FY2022 −97.59M HKD. Revenue FY2023 −50.74M HKD. Revenue FY2024 66.05M HKD. Revenue FY2025 49.73M HKD. Operating income FY2021 47.01M HKD. Operating income FY2022 17.91M HKD. Operating income FY2023 −289.33M HKD. Operating income FY2024 −42M HKD. Operating income FY2025 −59.91M HKD. Net income FY2021 15.19M HKD. Net income FY2022 −178.09M HKD. Net income FY2023 −287.75M HKD. Net income FY2024 −127.02M HKD. Net income FY2025 −62.6M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue49.73M HKD66.05M HKD−50.74M HKD−97.59M HKD89.81M HKD
Cost of goods sold14.37M HKD15.67M HKD15.98M HKD11.09M HKD15.58M HKD
Gross profit35.36M HKD66.05M HKD−66.71M HKD−108.68M HKD109.2M HKD
Selling, general, and administrative—108.05M HKD195M HKD53.27M HKD42.8M HKD
Operating expenses95.26M HKD108.05M HKD192.33M HKD68.54M HKD72.66M HKD
Interest income42.03M HKD1.25M HKD877K HKD949K HKD578K HKD
Interest expense4.53M HKD4.28M HKD3.77M HKD3.24M HKD2.28M HKD
Depreciation and amortization5.11M HKD7.94M HKD8.21M HKD8.07M HKD9.82M HKD
Operating income−59.91M HKD−42M HKD−289.33M HKD17.91M HKD47.01M HKD
Net income−62.6M HKD−127.02M HKD−287.75M HKD−178.09M HKD15.19M HKD

Company facts updated Aug 24, 2026.

Corporate actions

Corporate action history

Stock split

Effective Jul 28, 2025

1:10

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