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Virtual Mind Holding Company Limited logo

Virtual Mind Holding Company Limited

1520.HK

HKSEConsumer CyclicalApparel - Manufacturers

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Latest quote

HK$0.515

+HK$0.01 · +1.98%

Aug 24, 3:15 PM HKTData delayed

1520.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Virtual Mind Holding Company Limited operates as an investment holding enterprise primarily engaged in the design, production, and global distribution of apparel. It offers its clothing lines through both custom private labels and its own proprietary brands, serving markets including the United States, Hong Kong, and various international locations. Beyond its core garment business, the company also provides design, marketing, and advertising services. Furthermore, it extends financial credit services to individual clients and small businesses. Established in 2013, the firm was previously known as CEFC Hong Kong Financial Investment Company Limited before adopting its current name, and its main office is located in Wanchai, Hong Kong.

Industry
Apparel - Manufacturers
Sector
Consumer Cyclical
Headquarters
HK
CEO
Kaixin Zheng
Listed since
Dec 3, 2013
Employees
77

Market position

Day range

Current HK$0.515

52-week range

Current HK$0.515

Open
HK$0.505
Previous close
HK$0.505
Volume
652.5K
0.36× average
Average volume
1.79M
Average daily volume
Market cap
488.7M HKD
Beta
-0.5
Market reference 1
50-day average
HK$0.5045
+2.08% above average
200-day average
HK$0.7677
-32.92% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
870.94M HKD
EV / EBITDA
-8.74×
Earnings yield
-12.43%
Free cash flow yield
-8.61%

Profitability & efficiency

Return on equity
-65.16%
Return on assets
-53.69%
Return on invested capital
-55.02%

Financial health

Current ratio
5.92×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends45%-23%-91%-158%Gross margin, FY2021: 27.68%Gross margin, FY2022: 15.69%Gross margin, FY2023: 16.94%Gross margin, FY2024: 6.97%Gross margin, FY2025: 3.18%Operating margin, FY2021: -36.64%Operating margin, FY2022: -95.55%Operating margin, FY2023: -112.72%Operating margin, FY2024: -43.21%Operating margin, FY2025: -67.18%Net margin, FY2021: -33.09%Net margin, FY2022: -73.50%Net margin, FY2023: -141.34%Net margin, FY2024: -59.13%Net margin, FY2025: -73.48%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 27.68%. Gross margin FY2022 15.69%. Gross margin FY2023 16.94%. Gross margin FY2024 6.97%. Gross margin FY2025 3.18%. Operating margin FY2021 -36.64%. Operating margin FY2022 -95.55%. Operating margin FY2023 -112.72%. Operating margin FY2024 -43.21%. Operating margin FY2025 -67.18%. Net margin FY2021 -33.09%. Net margin FY2022 -73.50%. Net margin FY2023 -141.34%. Net margin FY2024 -59.13%. Net margin FY2025 -73.48%.

Income trends

Revenue

149.73M HKD+15.54%

Operating income

−100.59M HKD-79.62%

Net income

−110.03M HKD-43.59%
Income trends across reported periods175.71M HKD71.81M HKD−32.1M HKD−136M HKDRevenue, FY2021: 139.82M HKDRevenue, FY2022: 89.62M HKDRevenue, FY2023: 66.33M HKDRevenue, FY2024: 129.6M HKDRevenue, FY2025: 149.73M HKDOperating income, FY2021: −51.23M HKDOperating income, FY2022: −85.63M HKDOperating income, FY2023: −74.76M HKDOperating income, FY2024: −56M HKDOperating income, FY2025: −100.59M HKDNet income, FY2021: −46.27M HKDNet income, FY2022: −65.88M HKDNet income, FY2023: −93.75M HKDNet income, FY2024: −76.63M HKDNet income, FY2025: −110.03M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 139.82M HKD. Revenue FY2022 89.62M HKD. Revenue FY2023 66.33M HKD. Revenue FY2024 129.6M HKD. Revenue FY2025 149.73M HKD. Operating income FY2021 −51.23M HKD. Operating income FY2022 −85.63M HKD. Operating income FY2023 −74.76M HKD. Operating income FY2024 −56M HKD. Operating income FY2025 −100.59M HKD. Net income FY2021 −46.27M HKD. Net income FY2022 −65.88M HKD. Net income FY2023 −93.75M HKD. Net income FY2024 −76.63M HKD. Net income FY2025 −110.03M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue149.73M HKD129.6M HKD66.33M HKD89.62M HKD139.82M HKD
Cost of goods sold144.98M HKD120.57M HKD55.1M HKD75.56M HKD101.12M HKD
Gross profit4.76M HKD9.03M HKD11.23M HKD14.06M HKD38.7M HKD
Selling, general, and administrative102.88M HKD54.19M HKD70.3M HKD78.16M HKD68.27M HKD
Operating expenses105.34M HKD62.78M HKD86.13M HKD99.47M HKD89.92M HKD
Interest income1.11M HKD1.4M HKD1.01M HKD105K HKD1K HKD
Interest expense2.17M HKD6.63M HKD6.32M HKD3.99M HKD366K HKD
Depreciation and amortization935K HKD722K HKD3.52M HKD5.05M HKD6.89M HKD
Operating income−100.59M HKD−56M HKD−74.76M HKD−85.63M HKD−51.23M HKD
Net income−110.03M HKD−76.63M HKD−93.75M HKD−65.88M HKD−46.27M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-0.13
FY2025
Latest fiscal-year revenue
149.73M HKD
FY2025 · +15.54% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend-0.01-0.08-0.14-0.21FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend158.07M124.71M91.35M57.99MFY21FY22FY23FY24FY25

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