About
About Value Convergence Holdings Limited
Value Convergence Holdings Limited, together with its subsidiaries, provides financial services in Hong Kong. It operates through six segments: Brokerage and Financing; Corporate Finance and Other Advisory Services; Asset Management; Insurance Brokerage; Proprietary Trading; and Property Investment. The company offers securities broking and dealing, margin financing and money lending, placing and underwriting, derivatives trading and structured products, and research services; corporate financial advisory and company secretarial services; and asset management services. It also engages in insurance brokerage services; trading of equity securities, debt securities, and other financial products; and rental of investment property, as well as corporate and management services. The company was formerly known as iAsia Technology Limited and changed its name to Value Convergence Holdings Limited in February 2003. Value Convergence Holdings Limited was founded in 1986 and is based in Wan Chai, Hong Kong.
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5 years, 4 months ago
Value Convergence Holdings Limited is currently in a long term uptrend where the price is trading 15.9% above its 200 day moving average.
From a valuation standpoint, the stock is 56.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 6.4.
Value Convergence Holdings Limited's total revenue rose by 80.4% to $50M since the same quarter in the previous year.
Its net income has increased by 192.2% to $23M since the same quarter in the previous year.
Finally, its free cash flow fell by 295.7% to $-136M since the same quarter in the previous year.
Based on the above factors, Value Convergence Holdings Limited gets an overall score of 4/5.