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Vicon Holdings Limited logo

Vicon Holdings Limited

3878.HK

HKSEIndustrialsEngineering & Construction

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Latest quote

HK$0.214

HK$0.00 · 0.00%

Aug 20, 3:21 PM HKT

3878.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Vicon Holdings Limited operates as an investment holding entity primarily offering foundation and related construction services across Hong Kong. The company undertakes a diverse range of foundation projects, encompassing tasks such as piling, excavation and lateral support (ELS) systems, and pile cap construction, alongside various general building endeavors. Additionally, Vicon Holdings provides construction machinery for lease. Its clientele includes property developers, project owners and their designated contractors, and organizations within the public sector. Established in 2016, the firm's headquarters are situated in Cheung Sha Wan, Hong Kong.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
HK
CEO
Kwok Chun Chow
Listed since
Dec 22, 2017
Employees
21

Market position

Day range

Current HK$0.214

52-week range

Current HK$0.214

Open
HK$0.214
Previous close
HK$0.214
Volume
76K
0.21× average
Average volume
364.02K
Average daily volume
Market cap
102.63M HKD
Beta
0.63
Market reference 1
50-day average
HK$0.2309
-7.33% below average
200-day average
HK$0.2338
-8.48% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
63.69M HKD
P/E (TTM)
22.77×
P/B (TTM)
0.37×
P/S (TTM)
0.43×
EV / EBITDA
6.26×
Earnings yield
4.16%
Free cash flow yield
83.21%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
6.00%
Operating margin
1.02%
Net margin
1.90%
Return on equity
1.63%
Return on assets
1.36%
Return on invested capital
0.65%

Financial health

Debt / equity
0×
Current ratio
5.31×
Altman Z-score
4.31
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%10%-5%-19%Gross margin, FY2021: 21.18%Gross margin, FY2022: 10.45%Gross margin, FY2023: 9.03%Gross margin, FY2024: 6.79%Gross margin, FY2025: 6.00%Operating margin, FY2021: 6.31%Operating margin, FY2022: 0.08%Operating margin, FY2023: 1.43%Operating margin, FY2024: 1.86%Operating margin, FY2025: 1.02%Net margin, FY2021: -15.68%Net margin, FY2022: 0.57%Net margin, FY2023: 1.70%Net margin, FY2024: 1.59%Net margin, FY2025: 1.90%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.18%. Gross margin FY2022 10.45%. Gross margin FY2023 9.03%. Gross margin FY2024 6.79%. Gross margin FY2025 6.00%. Operating margin FY2021 6.31%. Operating margin FY2022 0.08%. Operating margin FY2023 1.43%. Operating margin FY2024 1.86%. Operating margin FY2025 1.02%. Net margin FY2021 -15.68%. Net margin FY2022 0.57%. Net margin FY2023 1.70%. Net margin FY2024 1.59%. Net margin FY2025 1.90%.

Income trends

Revenue

236.72M HKD-22.11%

Operating income

2.42M HKD-57.25%

Net income

4.51M HKD-6.73%
Income trends across reported periods537.76M HKD333.28M HKD128.8M HKD−75.68M HKDRevenue, FY2021: 156.59M HKDRevenue, FY2022: 417.04M HKDRevenue, FY2023: 486.64M HKDRevenue, FY2024: 303.92M HKDRevenue, FY2025: 236.72M HKDOperating income, FY2021: 9.88M HKDOperating income, FY2022: 314K HKDOperating income, FY2023: 6.96M HKDOperating income, FY2024: 5.66M HKDOperating income, FY2025: 2.42M HKDNet income, FY2021: −24.56M HKDNet income, FY2022: 2.39M HKDNet income, FY2023: 8.27M HKDNet income, FY2024: 4.83M HKDNet income, FY2025: 4.51M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 156.59M HKD. Revenue FY2022 417.04M HKD. Revenue FY2023 486.64M HKD. Revenue FY2024 303.92M HKD. Revenue FY2025 236.72M HKD. Operating income FY2021 9.88M HKD. Operating income FY2022 314K HKD. Operating income FY2023 6.96M HKD. Operating income FY2024 5.66M HKD. Operating income FY2025 2.42M HKD. Net income FY2021 −24.56M HKD. Net income FY2022 2.39M HKD. Net income FY2023 8.27M HKD. Net income FY2024 4.83M HKD. Net income FY2025 4.51M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue236.72M HKD303.92M HKD486.64M HKD417.04M HKD156.59M HKD
Cost of goods sold222.52M HKD283.3M HKD442.69M HKD373.46M HKD123.43M HKD
Gross profit14.2M HKD20.62M HKD43.95M HKD43.58M HKD33.17M HKD
Selling, general, and administrative11.78M HKD4.53M HKD43.77M HKD43.27M HKD23.28M HKD
Operating expenses11.78M HKD14.96M HKD36.99M HKD43.27M HKD23.28M HKD
Interest income—3.18M HKD1.22M HKD——
Interest expense156K HKD506K HKD558K HKD663K HKD2.65M HKD
Depreciation and amortization7.75M HKD9.89M HKD10.47M HKD10.51M HKD20.05M HKD
Operating income2.42M HKD5.66M HKD6.96M HKD314K HKD9.88M HKD
Net income4.51M HKD4.83M HKD8.27M HKD2.39M HKD−24.56M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.050.01-0.03-0.07Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q1 '25
Q3 2021, reported Sep 30, 2021: actual -0.035, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.021, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 29, 2022: actual -0.006, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 0.011, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 0.015, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual 0.002, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 28, 2024: actual 0.013, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.003, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates355.97M254.21M152.45M50.69MQ3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q1 '25
Q3 2021, reported Sep 30, 2021: actual 59.64M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 96.96M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 29, 2022: actual 160.14M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 256.91M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 334.02M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual 152.62M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 28, 2024: actual 165.89M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 138.03M HKD, estimate —, surprise —, Comparison unavailable.

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