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VPOWER GROUP (01608)

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  • 0.106
  • 0.0000.00%
Trading May 7 09:00 CST
708.41MMarket Cap-3.53P/E (TTM)

VPOWER GROUP (01608) Balance Sheet

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YOY yoy
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(FY)Dec 31, 2025
(Q6)Jun 30, 2025
(FY)Dec 31, 2024
(Q6)Jun 30, 2024
(FY)Dec 31, 2023
(Q6)Jun 30, 2023
(FY)Dec 31, 2022
(Q6)Jun 30, 2022
(FY)Dec 31, 2021
(Q6)Jun 30, 2021
Assets
Current assets
Inventory
-8.80%601.51M
-25.17%622.73M
-35.93%659.56M
-15.09%832.23M
-11.98%1.03B
-20.59%980.1M
-7.40%1.17B
0.84%1.23B
7.05%1.26B
8.27%1.22B
Accounts receivable
-11.10%1.44B
0.77%1.69B
0.15%1.62B
-38.62%1.68B
-44.33%1.62B
-0.85%2.74B
8.44%2.9B
249.98%2.76B
332.77%2.68B
-5.72%788.77M
Advance deposits and other receivables
-29.47%592.32M
417.88%873.29M
494.10%839.87M
-30.17%168.63M
-54.51%141.37M
-52.13%241.5M
-32.21%310.74M
-33.95%504.49M
-0.92%458.42M
-14.62%763.8M
Withholding and tax receivable
96.96%4.61M
468.38%3.31M
295.60%2.34M
-90.27%582K
-58.53%591K
514.27%5.98M
-76.36%1.43M
-85.18%974K
18.99%6.03M
-47.32%6.57M
Cash and equivalents
200.62%369.18M
22.50%310.2M
-6.42%122.81M
126.33%253.22M
7.26%131.23M
-68.92%111.88M
-73.54%122.35M
-45.13%359.93M
-52.73%462.36M
-28.79%655.99M
Secured deposit
3.26%12.72M
-3.85%12.57M
-7.81%12.32M
-20.82%13.07M
-61.81%13.36M
-22.36%16.51M
-68.15%34.98M
-76.23%21.26M
5.88%109.82M
-12.16%89.44M
Derivative financial instruments-current assets
----
----
--6.15M
--13.52M
----
----
--7.86M
--6.61M
----
----
Total current assets
-20.59%3.36B
32.73%3.93B
43.59%4.23B
-27.65%2.96B
-35.24%2.95B
-16.26%4.09B
-8.58%4.55B
38.53%4.89B
48.65%4.98B
-10.63%3.53B
Non-current assets
Property, plant and equipment
33.83%619.13M
-73.33%543.24M
-78.75%462.63M
-13.72%2.04B
-11.62%2.18B
-4.54%2.36B
-25.25%2.46B
-28.59%2.47B
-11.40%3.3B
-7.68%3.46B
Investment property
----
----
----
----
----
----
----
----
----
0.42%23.7M
Advance payment
13.20%54.06M
-8.57%44.11M
-11.84%47.76M
733.16%48.24M
936.33%54.17M
-84.83%5.79M
-87.11%5.23M
-0.45%38.16M
-8.71%40.54M
-70.36%38.33M
Interests in Joint Venture
3.88%922.99M
-0.17%880.73M
-10.41%888.54M
-46.01%882.2M
-42.87%991.78M
-13.48%1.63B
-0.57%1.74B
2.19%1.89B
-0.49%1.75B
105.78%1.85B
Intangible assets
----
----
----
-78.62%8.94M
-77.32%9M
4.36%41.79M
-55.58%39.67M
-56.22%40.05M
-3.30%89.32M
2.11%91.46M
Goodwill
----
----
----
----
----
----
----
-98.21%1.46M
0.00%81.49M
0.00%81.49M
Deferred tax assets
-12.67%2.52M
-86.25%2.36M
-86.15%2.88M
-59.29%17.17M
38.07%20.81M
1,560.13%42.18M
519.15%15.07M
-9.96%2.54M
-48.76%2.43M
-83.91%2.82M
Other illiquid assets
--217.37M
----
----
----
----
----
----
----
----
----
Total non-current assets
20.49%1.96B
-45.34%1.66B
-50.45%1.63B
-27.35%3.04B
-24.58%3.29B
-7.94%4.18B
-18.82%4.36B
-19.47%4.54B
-7.10%5.37B
12.65%5.64B
Total assets
-9.17%5.32B
-6.81%5.59B
-6.01%5.86B
-27.50%6B
-30.03%6.24B
-12.25%8.28B
-13.89%8.91B
2.85%9.43B
13.34%10.35B
2.39%9.17B
Liabilities
Current liabilities
Accounts payable
6.78%537.24M
-1.00%555.6M
-2.99%503.12M
-69.56%561.19M
-74.65%518.64M
-6.13%1.84B
-3.42%2.05B
174.68%1.96B
164.12%2.12B
-22.98%715.02M
Notes payable
----
----
----
----
----
----
----
----
10.56%24.3M
-16.41%22.44M
Tax payable
36.98%4.34M
-32.45%3.71M
-34.13%3.17M
27.21%5.49M
-24.32%4.81M
-70.25%4.31M
-64.27%6.35M
-33.98%14.5M
64.34%17.78M
-56.28%21.96M
Other payables and accrued expenses
30.97%1.49B
16.95%1.18B
50.84%1.14B
104.90%1.01B
83.90%753.48M
51.37%494.13M
8.61%409.73M
-22.61%326.44M
16.39%377.25M
-41.78%421.83M
Bank loans and overdrafts
-28.55%1.6B
-19.13%1.89B
-17.68%2.24B
-19.28%2.33B
-6.99%2.72B
43.81%2.89B
59.48%2.92B
38.26%2.01B
60.92%1.83B
1.13%1.45B
Derivative financial instrument-current liabilities
--2.62M
--3.9M
----
----
175.65%6.51M
-2.01%5.62M
18.11%2.36M
10.62%5.73M
-78.26%2M
-63.87%5.18M
Provision-current liabilities
-18.25%3.49M
-26.83%3.49M
-17.91%4.27M
17.96%4.77M
47.74%5.21M
-20.21%4.05M
-37.99%3.52M
-10.72%5.07M
-7.22%5.68M
6.31%5.68M
Financial lease liabilities-current liabilities
2.60%75.19M
374.18%74.93M
463.01%73.28M
26.05%15.8M
-11.84%13.02M
-13.53%12.54M
-13.83%14.76M
6.89%14.5M
123.76%17.13M
43.11%13.56M
Total current liabilities
-7.53%3.77B
-9.90%3.78B
-4.20%4.07B
-21.73%4.2B
-24.49%4.25B
19.13%5.36B
24.89%5.63B
60.11%4.5B
41.11%4.51B
-17.94%2.81B
Net current assets
-358.93%-407.18M
112.00%148.34M
112.04%157.26M
2.66%-1.24B
-20.76%-1.31B
-429.48%-1.27B
-331.23%-1.08B
-46.18%385.61M
206.59%467.68M
37.52%716.42M
Total assets less current liabilities
-12.90%1.56B
0.41%1.81B
-9.89%1.79B
-38.12%1.8B
-39.54%1.98B
-40.92%2.91B
-43.84%3.28B
-22.48%4.93B
-1.61%5.84B
14.99%6.36B
Non-current liabilities
Long-term bank loan
----
-28.65%30.06M
----
--42.13M
----
----
----
-27.03%1.21B
-0.65%1.27B
8.42%1.65B
Other loans-non-current liabilities
-33.65%23.59M
----
-29.16%35.56M
----
--50.19M
----
----
----
----
----
Financial lease liabilities-non-current liabilities
-48.84%79.33M
148.68%119.67M
265.81%155.07M
-45.04%48.12M
-51.86%42.39M
0.75%87.55M
-12.44%88.06M
12.76%86.9M
88.89%100.57M
958.80%77.07M
Deferred tax liability
-44.72%6.48M
139.60%10.87M
111.20%11.73M
-39.46%4.54M
-31.29%5.55M
-36.84%7.49M
-80.54%8.08M
-58.37%11.86M
47.74%41.54M
42.72%28.49M
Provision-non-current liabilities
-0.88%2.15M
226.43%2.17M
676.34%2.17M
-54.29%666K
-90.57%279K
-45.74%1.46M
-85.69%2.96M
-86.27%2.69M
2.49%20.69M
0.09%19.56M
Convertible notes and bonds
----
----
----
----
----
----
----
----
-3.26%721.22M
-2.57%733.66M
Special items of non-current liabilities
3,568.62%39.99M
-0.40%1M
-13.42%1.09M
--1.01M
-96.91%1.26M
----
-72.63%40.74M
-63.81%80.78M
-54.03%148.86M
-10.59%223.19M
Total non-current liabilities
-26.30%151.54M
69.78%163.77M
106.28%205.61M
-0.04%96.46M
-28.72%99.68M
-93.05%96.5M
-93.94%139.84M
-49.24%1.39B
-5.97%2.31B
6.25%2.73B
Total liabilities
-8.43%3.92B
-8.11%3.95B
-1.67%4.28B
-21.35%4.29B
-24.59%4.35B
-7.30%5.46B
-15.34%5.77B
6.20%5.89B
20.66%6.82B
-7.57%5.55B
Total assets less total liabilities
-11.15%1.41B
-3.51%1.65B
-16.04%1.58B
-39.43%1.71B
-40.02%1.88B
-20.49%2.82B
-11.11%3.14B
-2.28%3.54B
1.46%3.53B
22.60%3.62B
Total equity and non-current liabilities
-12.90%1.56B
0.41%1.81B
-9.89%1.79B
-38.12%1.8B
-39.54%1.98B
-40.92%2.91B
-43.84%3.28B
-22.48%4.93B
-1.61%5.84B
14.99%6.36B
Equity
Share capital
0.00%668.32M
0.00%668.32M
0.00%668.32M
147.37%668.32M
147.37%668.32M
0.00%270.17M
0.00%270.17M
2.07%270.17M
2.07%270.17M
3.27%264.69M
Reserve
-19.36%735.95M
-5.83%976.15M
-24.90%912.61M
-59.25%1.04B
-57.65%1.22B
-21.99%2.54B
-10.48%2.87B
-1.39%3.26B
1.09%3.21B
24.33%3.31B
Shareholders' Equity
-11.17%1.4B
-3.55%1.64B
-16.07%1.58B
-39.42%1.7B
-40.00%1.88B
-20.31%2.81B
-9.67%3.14B
-1.14%3.53B
1.16%3.48B
22.47%3.57B
Non-controlling interest
53.47%752K
216.67%874K
2,550.00%490K
-66.22%276K
-103.06%-20K
-91.29%817K
-98.85%653K
-81.75%9.38M
24.06%56.98M
31.76%51.38M
Total equity
-11.15%1.41B
-3.51%1.65B
-16.04%1.58B
-39.43%1.71B
-40.02%1.88B
-20.49%2.82B
-11.11%3.14B
-2.28%3.54B
1.46%3.53B
22.60%3.62B
Total equity and total liabilities
-9.17%5.32B
-6.81%5.59B
-6.01%5.86B
-27.50%6B
-30.03%6.24B
-12.25%8.28B
-13.89%8.91B
2.85%9.43B
13.34%10.35B
2.39%9.17B
Currency Unit
HKD
HKD
HKD
HKD
HKD
HKD
HKD
HKD
HKD
HKD
Accounting Standards
HKAS
HKAS
HKAS
HKAS
HKAS
HKAS
HKAS
HKAS
HKAS
HKAS
Audit Opinions
--
--
--
--
--
--
--
--
Unqualified Opinion
--
Auditor
--
--
Deloitte Touche Tohmatsu会计师事务所
--
Ernst & Young
--
Ernst & Young
--
Ernst & Young
--
(FY)Dec 31, 2025(Q6)Jun 30, 2025(FY)Dec 31, 2024(Q6)Jun 30, 2024(FY)Dec 31, 2023(Q6)Jun 30, 2023(FY)Dec 31, 2022(Q6)Jun 30, 2022(FY)Dec 31, 2021(Q6)Jun 30, 2021
Assets
Current assets
Inventory -8.80%601.51M-25.17%622.73M-35.93%659.56M-15.09%832.23M-11.98%1.03B-20.59%980.1M-7.40%1.17B0.84%1.23B7.05%1.26B8.27%1.22B
Accounts receivable -11.10%1.44B0.77%1.69B0.15%1.62B-38.62%1.68B-44.33%1.62B-0.85%2.74B8.44%2.9B249.98%2.76B332.77%2.68B-5.72%788.77M
Advance deposits and other receivables -29.47%592.32M417.88%873.29M494.10%839.87M-30.17%168.63M-54.51%141.37M-52.13%241.5M-32.21%310.74M-33.95%504.49M-0.92%458.42M-14.62%763.8M
Withholding and tax receivable 96.96%4.61M468.38%3.31M295.60%2.34M-90.27%582K-58.53%591K514.27%5.98M-76.36%1.43M-85.18%974K18.99%6.03M-47.32%6.57M
Cash and equivalents 200.62%369.18M22.50%310.2M-6.42%122.81M126.33%253.22M7.26%131.23M-68.92%111.88M-73.54%122.35M-45.13%359.93M-52.73%462.36M-28.79%655.99M
Secured deposit 3.26%12.72M-3.85%12.57M-7.81%12.32M-20.82%13.07M-61.81%13.36M-22.36%16.51M-68.15%34.98M-76.23%21.26M5.88%109.82M-12.16%89.44M
Derivative financial instruments-current assets ----------6.15M--13.52M----------7.86M--6.61M--------
Total current assets -20.59%3.36B32.73%3.93B43.59%4.23B-27.65%2.96B-35.24%2.95B-16.26%4.09B-8.58%4.55B38.53%4.89B48.65%4.98B-10.63%3.53B
Non-current assets
Property, plant and equipment 33.83%619.13M-73.33%543.24M-78.75%462.63M-13.72%2.04B-11.62%2.18B-4.54%2.36B-25.25%2.46B-28.59%2.47B-11.40%3.3B-7.68%3.46B
Investment property ------------------------------------0.42%23.7M
Advance payment 13.20%54.06M-8.57%44.11M-11.84%47.76M733.16%48.24M936.33%54.17M-84.83%5.79M-87.11%5.23M-0.45%38.16M-8.71%40.54M-70.36%38.33M
Interests in Joint Venture 3.88%922.99M-0.17%880.73M-10.41%888.54M-46.01%882.2M-42.87%991.78M-13.48%1.63B-0.57%1.74B2.19%1.89B-0.49%1.75B105.78%1.85B
Intangible assets -------------78.62%8.94M-77.32%9M4.36%41.79M-55.58%39.67M-56.22%40.05M-3.30%89.32M2.11%91.46M
Goodwill -----------------------------98.21%1.46M0.00%81.49M0.00%81.49M
Deferred tax assets -12.67%2.52M-86.25%2.36M-86.15%2.88M-59.29%17.17M38.07%20.81M1,560.13%42.18M519.15%15.07M-9.96%2.54M-48.76%2.43M-83.91%2.82M
Other illiquid assets --217.37M------------------------------------
Total non-current assets 20.49%1.96B-45.34%1.66B-50.45%1.63B-27.35%3.04B-24.58%3.29B-7.94%4.18B-18.82%4.36B-19.47%4.54B-7.10%5.37B12.65%5.64B
Total assets -9.17%5.32B-6.81%5.59B-6.01%5.86B-27.50%6B-30.03%6.24B-12.25%8.28B-13.89%8.91B2.85%9.43B13.34%10.35B2.39%9.17B
Liabilities
Current liabilities
Accounts payable 6.78%537.24M-1.00%555.6M-2.99%503.12M-69.56%561.19M-74.65%518.64M-6.13%1.84B-3.42%2.05B174.68%1.96B164.12%2.12B-22.98%715.02M
Notes payable --------------------------------10.56%24.3M-16.41%22.44M
Tax payable 36.98%4.34M-32.45%3.71M-34.13%3.17M27.21%5.49M-24.32%4.81M-70.25%4.31M-64.27%6.35M-33.98%14.5M64.34%17.78M-56.28%21.96M
Other payables and accrued expenses 30.97%1.49B16.95%1.18B50.84%1.14B104.90%1.01B83.90%753.48M51.37%494.13M8.61%409.73M-22.61%326.44M16.39%377.25M-41.78%421.83M
Bank loans and overdrafts -28.55%1.6B-19.13%1.89B-17.68%2.24B-19.28%2.33B-6.99%2.72B43.81%2.89B59.48%2.92B38.26%2.01B60.92%1.83B1.13%1.45B
Derivative financial instrument-current liabilities --2.62M--3.9M--------175.65%6.51M-2.01%5.62M18.11%2.36M10.62%5.73M-78.26%2M-63.87%5.18M
Provision-current liabilities -18.25%3.49M-26.83%3.49M-17.91%4.27M17.96%4.77M47.74%5.21M-20.21%4.05M-37.99%3.52M-10.72%5.07M-7.22%5.68M6.31%5.68M
Financial lease liabilities-current liabilities 2.60%75.19M374.18%74.93M463.01%73.28M26.05%15.8M-11.84%13.02M-13.53%12.54M-13.83%14.76M6.89%14.5M123.76%17.13M43.11%13.56M
Total current liabilities -7.53%3.77B-9.90%3.78B-4.20%4.07B-21.73%4.2B-24.49%4.25B19.13%5.36B24.89%5.63B60.11%4.5B41.11%4.51B-17.94%2.81B
Net current assets -358.93%-407.18M112.00%148.34M112.04%157.26M2.66%-1.24B-20.76%-1.31B-429.48%-1.27B-331.23%-1.08B-46.18%385.61M206.59%467.68M37.52%716.42M
Total assets less current liabilities -12.90%1.56B0.41%1.81B-9.89%1.79B-38.12%1.8B-39.54%1.98B-40.92%2.91B-43.84%3.28B-22.48%4.93B-1.61%5.84B14.99%6.36B
Non-current liabilities
Long-term bank loan -----28.65%30.06M------42.13M-------------27.03%1.21B-0.65%1.27B8.42%1.65B
Other loans-non-current liabilities -33.65%23.59M-----29.16%35.56M------50.19M--------------------
Financial lease liabilities-non-current liabilities -48.84%79.33M148.68%119.67M265.81%155.07M-45.04%48.12M-51.86%42.39M0.75%87.55M-12.44%88.06M12.76%86.9M88.89%100.57M958.80%77.07M
Deferred tax liability -44.72%6.48M139.60%10.87M111.20%11.73M-39.46%4.54M-31.29%5.55M-36.84%7.49M-80.54%8.08M-58.37%11.86M47.74%41.54M42.72%28.49M
Provision-non-current liabilities -0.88%2.15M226.43%2.17M676.34%2.17M-54.29%666K-90.57%279K-45.74%1.46M-85.69%2.96M-86.27%2.69M2.49%20.69M0.09%19.56M
Convertible notes and bonds ---------------------------------3.26%721.22M-2.57%733.66M
Special items of non-current liabilities 3,568.62%39.99M-0.40%1M-13.42%1.09M--1.01M-96.91%1.26M-----72.63%40.74M-63.81%80.78M-54.03%148.86M-10.59%223.19M
Total non-current liabilities -26.30%151.54M69.78%163.77M106.28%205.61M-0.04%96.46M-28.72%99.68M-93.05%96.5M-93.94%139.84M-49.24%1.39B-5.97%2.31B6.25%2.73B
Total liabilities -8.43%3.92B-8.11%3.95B-1.67%4.28B-21.35%4.29B-24.59%4.35B-7.30%5.46B-15.34%5.77B6.20%5.89B20.66%6.82B-7.57%5.55B
Total assets less total liabilities -11.15%1.41B-3.51%1.65B-16.04%1.58B-39.43%1.71B-40.02%1.88B-20.49%2.82B-11.11%3.14B-2.28%3.54B1.46%3.53B22.60%3.62B
Total equity and non-current liabilities -12.90%1.56B0.41%1.81B-9.89%1.79B-38.12%1.8B-39.54%1.98B-40.92%2.91B-43.84%3.28B-22.48%4.93B-1.61%5.84B14.99%6.36B
Equity
Share capital 0.00%668.32M0.00%668.32M0.00%668.32M147.37%668.32M147.37%668.32M0.00%270.17M0.00%270.17M2.07%270.17M2.07%270.17M3.27%264.69M
Reserve -19.36%735.95M-5.83%976.15M-24.90%912.61M-59.25%1.04B-57.65%1.22B-21.99%2.54B-10.48%2.87B-1.39%3.26B1.09%3.21B24.33%3.31B
Shareholders' Equity -11.17%1.4B-3.55%1.64B-16.07%1.58B-39.42%1.7B-40.00%1.88B-20.31%2.81B-9.67%3.14B-1.14%3.53B1.16%3.48B22.47%3.57B
Non-controlling interest 53.47%752K216.67%874K2,550.00%490K-66.22%276K-103.06%-20K-91.29%817K-98.85%653K-81.75%9.38M24.06%56.98M31.76%51.38M
Total equity -11.15%1.41B-3.51%1.65B-16.04%1.58B-39.43%1.71B-40.02%1.88B-20.49%2.82B-11.11%3.14B-2.28%3.54B1.46%3.53B22.60%3.62B
Total equity and total liabilities -9.17%5.32B-6.81%5.59B-6.01%5.86B-27.50%6B-30.03%6.24B-12.25%8.28B-13.89%8.91B2.85%9.43B13.34%10.35B2.39%9.17B
Currency Unit HKDHKDHKDHKDHKDHKDHKDHKDHKDHKD
Accounting Standards HKASHKASHKASHKASHKASHKASHKASHKASHKASHKAS
Audit Opinions ----------------Unqualified Opinion--
Auditor ----Deloitte Touche Tohmatsu会计师事务所--Ernst & Young--Ernst & Young--Ernst & Young--

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

Market Insights
China and the US begin implementing the Kuala Lumpur economic and trade consultation consensus.
China and the United States have successively adjusted multiple tariff and non-tariff measures, beginning to implement the consensus outcome Show More