VSING Ltd

HKSE • Communication Services • Entertainment • Quote as of 10/30/2026

Company Profile

IndustryEntertainment

SectorCommunication Services

ExchangeHKSE

Market Capitalization104.6 mln

Float707 mln

Earnings Date03/31/2027

Piotroski F-Score

4 / 9

Borderline

Beneish M-Score

-4.52

Highly reliable

Relative Strength

18 / 100

Significantly lagging

Debt / Equity

0.13

Very low leverage

Pre-Tax Margin

-61%

Severely loss-making

ROE

-152

Deeply negative

Business Description

Founded in 1999 and headquartered in Puchong, Malaysia, VSING Limited operates across several distinct business areas, including cargo shipping and customs handling, supply chain management, plastic product manufacturing, used mobile phone trading, and an interactive entertainment technology platform. The company serves customers across Malaysia, Vietnam, Hong Kong, and mainland China. Formerly known as Worldgate Global Logistics Ltd, it adopted its current name in October 2025.

Key Fundamentals

EPS-0.16

ROE-152

RPS0.32

ROIC-19.42

ROA-96.80

Interest Cover-15.68

EBITDA, mln-127

EV / EBITDA-1.06

EV / EBIT-0.97

Revenue, mln232

EV / Revenue0.58

Quote Details

Last 0.107

Change 0.01 (10.31%)

Open 0.098

Volume 40,000

Turnover 4,280

Average Volume 152,456

Financial Ratios

Pre-Tax Profit Margin-61

Leverage Ratio1.56

Current Ratio1.67

Price / Book1.22

Price / Tangible Book3.05

Debt / Equity0.13

Price / Sales0.51

Financial Strength

Altman Z-Score-1.46

Piotroski F-Score 4 / 9

Beneish M-Score-4.52

Price Performance & Relative Strength

Period	Price Performance	Relative Strength
1 Week	0%	62 / 100
1 Month	-23.02%	13 / 100
2 Months	-51.36%	4 / 100
6 Months	-68.53%	4 / 100
1 Year	-83.28%	3 / 100