Vedan International (Holdings) Limited

Ticker

2317.HK

ISIN

KYG9327M101

Price

HKD 0.67

Change Today

-

Price 1 year ago

0.70 / -4.286 %

Market Capitalization

1,065,917,952.00

52 Week Low

0.66

52 Week High

0.67

200 Day Moving Average

0.67

50-day Moving Average

0.67


Price evolution

Yearly Returns


Peers


Peers

Company information

Summary

Vedan International (Holdings) Limited, an investment holding company, produces and sells fermentation-based amino acids, food additive products, biochemical products, and cassava starch based industrial products. It offers starch-based industrial products, including native starch, a cassava starch for the production of sausages, ice-creams, canned soup, and noodles; modified starch for industrial applications in textile, paper, food, feed-stuff, and cosmetic products; and glucose syrup for processing of food, confectionery, and bakery products, as well as to produce monosodium glutamate (MSG) and glutamic acid (GA) products, and lysine. The company also provides specialty chemical products, such as caustic soda for the production of MSG products, as well as used in metal processing and food, textile, cosmetics, paint, water treatment, and detergent products; hydrochloric acid for the production of GA products, as well as used in food and textile products, beverages, seafood processing, and metal processing; and hypochlorite that is used as bleaching agent and for the production of detergent products. In addition, it offers PGA hydrogels, gamma-poly-glutamic acid products, and poly-glutamic acid hydrogels. The company sells its products under the VEDAN brand. It serves food distributors and international trading companies, as well as manufacturers of food, paper, textile, and chemical products. It operates in Vietnam, Japan, the People's Republic of China, the United States, Taiwan, ASEAN countries, and internationally. Vedan International (Holdings) Limited is based in Hong Kong, Hong Kong.

Sector

Consumer Defensive

Industry

Packaged Foods

Country

Hong Kong

Exchange

HKG

Earnings Per Share

0.079427

P/E Ratio

8.813125

Debt/Equity Ratio

14.346

Beta

0.298514

City

Hong Kong

Address

Hopewell Centre

Zip

-

Ebitda

32,090,000.00

Ebitda Margins

0.08

Enterprise to Ebitda

29.11

Enterprise Value

934,213,440.00

Target Price

-

Estimated Price

-

Book Value

0.20

Expected Growth

-

Balance sheet

Income statement

Sustainability

Correlation

CompanyNameCorrelation
3838.HKCHINA STARCH-0.14
KHCThe Kraft Heinz Company0.01
1610.HKCOFCO JOYCOME0.04
2319.HKMENGNIU DAIRY0.09
6186.HKCHINA FEIHE0.09
0288.HKWH GROUP0.22

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Indicators

Glossary
Momentum
A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
Inertia
In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
Relative Strength Index (RSI)
A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
Fibonacci's Weighted Moving Average
A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
Williams %R
A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
Relative Volatility Index (RVI)
A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
Commodity Channel Index (CCI)
A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.