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Year on year Value Convergence Holdings Ltd had net income fall 61.58% from a loss of 178.09m to a larger loss of 287.75m despite a 3.90% increase in revenues from 73.28m to 76.14m. An increase in the selling, general and administrative costs as a percentage of sales from 65.71% to 256.12% was a component in the falling net income despite rising revenues.
Gross margin | 89.37% |
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Net profit margin | -302.91% |
Operating margin | -305.07% |
Return on assets | -35.51% |
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Return on equity | -39.02% |
Return on investment | -38.77% |
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Cash flow in HKDView more
In 2023, cash reserves at Value Convergence Holdings Ltd fell by 14.59m. Cash Flow from Financing totalled 28.37m or 37.26% of revenues. In addition the company used 27.37m for operations while cash used for investing totalled 15.62m.
Cash flow per share | -0.0858 |
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Price/Cash flow per share | -- |
Book value per share | 0.1813 |
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Tangible book value per share | 0.1765 |
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Balance sheet in HKDView more
Current ratio | 9.15 |
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Quick ratio | 9.13 |
Total debt/total equity | 0.0845 |
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Total debt/total capital | 0.078 |
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