Vistar Holdings Limited logo

Vistar Holdings Limited

8535.HK

HKSEIndustrialsEngineering & Construction

Latest quote

HK$0.127

+HK$0.006 · +4.96%

Aug 25, 3:51 PM HKT

8535.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Vistar Holdings Limited functions as an investment holding company, supplying electrical and mechanical (E&M) engineering solutions throughout Hong Kong. Its business activities are segmented into three primary divisions: Installation Services, Alteration and Addition Works, and Maintenance Services. The firm's core expertise lies in the full lifecycle of fire service systems, encompassing their installation, modification, expansion, and ongoing upkeep. Established in 2017, its corporate base is located in Chai Wan, Hong Kong.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
HK
CEO
Ken Ching Poon
Listed since
Feb 12, 2018
Employees
94

Market position

Day range

Current HK$0.127

52-week range

Current HK$0.127

Open
HK$0.123
Previous close
HK$0.121
Volume
680K
2.75× average
Average volume
247.42K
Average daily volume
Market cap
152.4M HKD
Beta
1.04
Market reference 1
50-day average
HK$0.1238
+2.55% above average
200-day average
HK$0.156
-18.58% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
179.79M HKD
P/E (TTM)
74.71×
P/B (TTM)
0.95×
P/S (TTM)
0.32×
EV / EBITDA
22.39×
Earnings yield
0.71%
Free cash flow yield
0.00%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
9.24%
Operating margin
1.20%
Net margin
0.43%
Return on equity
0.94%
Return on assets
0.50%
Return on invested capital
1.59%

Financial health

Debt / equity
0.23×
Current ratio
2.14×
Altman Z-score
3.4
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends19%12%5%-1%Gross margin, FY2021: 16.99%Gross margin, FY2022: 11.14%Gross margin, FY2023: 10.61%Gross margin, FY2024: 10.49%Gross margin, FY2025: 9.34%Operating margin, FY2021: 9.86%Operating margin, FY2022: 2.40%Operating margin, FY2023: 2.06%Operating margin, FY2024: 0.76%Operating margin, FY2025: 1.49%Net margin, FY2021: 5.13%Net margin, FY2022: 1.69%Net margin, FY2023: 1.62%Net margin, FY2024: 0.40%Net margin, FY2025: 0.55%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.99%. Gross margin FY2022 11.14%. Gross margin FY2023 10.61%. Gross margin FY2024 10.49%. Gross margin FY2025 9.34%. Operating margin FY2021 9.86%. Operating margin FY2022 2.40%. Operating margin FY2023 2.06%. Operating margin FY2024 0.76%. Operating margin FY2025 1.49%. Net margin FY2021 5.13%. Net margin FY2022 1.69%. Net margin FY2023 1.62%. Net margin FY2024 0.40%. Net margin FY2025 0.55%.

Income trends

Revenue

274.07M HKD-0.20%

Operating income

4.09M HKD+95.64%

Net income

1.5M HKD+37.26%
Income trends across reported periods445.58M HKD283.95M HKD122.32M HKD−39.31M HKDRevenue, FY2021: 405.17M HKDRevenue, FY2022: 287.06M HKDRevenue, FY2023: 313.39M HKDRevenue, FY2024: 274.62M HKDRevenue, FY2025: 274.07M HKDOperating income, FY2021: 39.93M HKDOperating income, FY2022: 6.9M HKDOperating income, FY2023: 6.45M HKDOperating income, FY2024: 2.09M HKDOperating income, FY2025: 4.09M HKDNet income, FY2021: 20.78M HKDNet income, FY2022: 4.86M HKDNet income, FY2023: 5.08M HKDNet income, FY2024: 1.1M HKDNet income, FY2025: 1.5M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 405.17M HKD. Revenue FY2022 287.06M HKD. Revenue FY2023 313.39M HKD. Revenue FY2024 274.62M HKD. Revenue FY2025 274.07M HKD. Operating income FY2021 39.93M HKD. Operating income FY2022 6.9M HKD. Operating income FY2023 6.45M HKD. Operating income FY2024 2.09M HKD. Operating income FY2025 4.09M HKD. Net income FY2021 20.78M HKD. Net income FY2022 4.86M HKD. Net income FY2023 5.08M HKD. Net income FY2024 1.1M HKD. Net income FY2025 1.5M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue274.07M HKD274.62M HKD313.39M HKD287.06M HKD405.17M HKD
Cost of goods sold248.47M HKD245.81M HKD280.15M HKD255.09M HKD336.33M HKD
Gross profit25.6M HKD28.81M HKD33.24M HKD31.97M HKD68.84M HKD
Selling, general, and administrative21.52M HKD26.72M HKD26.79M HKD26.42M HKD28.91M HKD
Operating expenses21.52M HKD26.72M HKD26.79M HKD25.07M HKD29.97M HKD
Interest income1.28M HKD1.58M HKD991K HKD474K HKD229K HKD
Interest expense1.8M HKD2.22M HKD2.15M HKD1.5M HKD673K HKD
Depreciation and amortization3.95M HKD3.81M HKD3.6M HKD3.83M HKD4.12M HKD
Operating income4.09M HKD2.09M HKD6.45M HKD6.9M HKD39.93M HKD
Net income1.5M HKD1.1M HKD5.08M HKD4.86M HKD20.78M HKD

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
0

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.040.01-0.01-0.04Q1 '23Q1 '23Q3 '23Q4 '23Q1 '24Q1 '24Q2 '24Q3 '24
Q1 2023, reported Feb 9, 2023: actual 0.001, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 31, 2023: actual -0.001, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 10, 2023: actual 0.001, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 9, 2023: actual 0.002, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 10, 2024: actual 0.001, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 30, 2024: actual 0.001, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 20, 2024: actual 0, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Sep 30, 2024: actual 0, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates86.33M78.78M71.22M63.67MQ1 '23Q1 '23Q3 '23Q4 '23Q1 '24Q1 '24Q2 '24Q3 '24
Q1 2023, reported Feb 9, 2023: actual 74.98M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 31, 2023: actual 68.42M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 10, 2023: actual 70.7M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 9, 2023: actual 76.67M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 10, 2024: actual 83.01M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 30, 2024: actual 83.01M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 20, 2024: actual 66.99M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Sep 30, 2024: actual 66.99M HKD, estimate —, surprise —, Comparison unavailable.

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