Valuetronics Holdings Limited · SGX:BN2
Valuetronics — H1 2027 Earnings Presentation
26 slides from Valuetronics's earnings presentation, Nov 11, 2026
Slide 1: SGX Financial Statements and Related Announcement: Half Yearly Results
11/11/26, 6:57 AM Financial Statements and Related Announcement::Half Yearly Results FINANCIAL STATEMENTS AND RELATED ANNOUNCEMENT::HALF YEARLY RESULTS Issuer & Securities Issuer/ Manager VALUETRONICS HOLDINGS LIMITED Securities VALUETRONICS HOLDINGS LIMITED - BMG9316Y1084 - BN2 Stapled Security No
Slide 2: 1H FY2027 Results
1H FY2027 RESULTS NOVEMBER 2026
Slide 3: Important Notice
Important Notice This presentation is to be read in conjunction with the announcement issued on SGXNET on 11 November 2026. This presentation is for information purposes only and does not constitute or form part of an offer, solicitation, recommendation or invitation for the sale or purchase or subs
Slide 4: About Us
About Us Overview Accreditations • Established in 1992 in Hong Kong • ISO9001:2015 • Listed on SGX Mainboard on 28 March 2007 • ISO14001:2015 • An integrated Electronics Manufacturing • TL9000:2016(H) R6.3/5.7 Services (EMS) provider • IATF16949: 2016 • Auditors: PricewaterhouseCoopers • IPC J STD-0
Slide 5: Business Overview
Business Overview Valuetronics is a one-stop, integrated EMS provider that offers a full range of services to its customers Design and Multi-Geographic Assembly Supply chain support development Manufacturing • Plastic injection moulding Full turn-key manufacturing • Engineering design and Integrated
Slide 6: A Premier Design and Manufacturing Partner
A Premier Design and Manufacturing Partner Proactive Deployment of Design & Development Capabilities Value-added services across a vertically integrated business model from highly customised upstream solutions to tailor-made downstream services Integrated Engaged in Design & Manufacturing Customers’
Slide 7: Key Milestones
Key Milestones 1992 2007 2008 2012 2017 Incepted in Hong Kong with Listed on SGX Mainboard Completed Phase 1 Celebrated 20th Received Above & Beyond – manufacturing facilities in Began construction of Daya construction of Daya Bay anniversary with revenue Pinnacle Award for Supplier Danshui Town, PR
Slide 8: Multinational Footprint
Multinational Footprint China Campus Land use rights acquired 2006 Total site area > 110,000 sq m Shenzhen, China Hong Kong HQ Vietnam Campus Hanoi, Vietnam Land use rights acquired 2019 Total site area > 52,000 sq m Production floor capacity expansion +40% in FY2026 7
Slide 9: Industrial & Commercial Electronics
Industrial & Commercial Electronics 1 / PRINTERS 2 / SENSING DEVICES 3 / AUTOMOTIVE PARTS Global Brand of a NYSE-listed MNC Unit of a NYSE-listed MNC Tier 1 Automotive System Thermal Label Printer for Industrial Cold Chain Temperature Monitor Manufacturer & Commercial Use* for Industrial & Commercia
Slide 10: Industrial & Commercial Electronics
Industrial & Commercial Electronics 4 / COMMUNICATION 5 / NETWORK & HPC 6 / INDUSTRIAL & PRODUCTS PRODUCTS COMMERCIAL APPLICATIONS US- & Canada-based Company Startup Owned by PE Fund US-based Company Cooling solutions for HPC environment* Hardware provider for retail chain stores* Network Access Sol
Slide 11: Consumer Electronics
Consumer Electronics 1 / CONSUMER LIFESTYLE 2 / SMART LIGHTING WITH IOT 3 / IMMERSIVE PRODUCTS FEATURES ENTERTAINMENT PRODUCTS Consumer Lifestyle Division, a World leader in lighting for professionals Leading Global Dutch MNC and consumers and lighting for IOT Entertainment Conglomerate PCBA for Sha
Slide 12: Financial Highlights
Financial Highlights 6 months ended 30 September 2026 (1H FY2027)
Slide 13: 1H FY2027 Financial Highlights
1H FY2027 Financial Highlights HK$’m 1H FY2027 1H FY2026* % Change Continuing Operations Revenue 897.3 836.2 7.3 Gross Profit 167.9 164.7 1.9 Gross Profit Margin 18.7% 19.7% (1.0%) pt Profit Before Income Tax 106.3 105.0 1.3 • Income Tax Expense 10.5 6.9 50.9 Profit From Continuing Operations 95.9 9
Slide 14: Revenue by Segment and Shipment Destination
Revenue (excluding for discontinued operations) BY SEGMENT (%) BY SHIPMENT DESTINATION (%) ICE CE Europe China & Apac N. America 6.6% 12.9% 15.5% 25.0% 21.2% 42.4% 53.7% 61.8% 59.8% 70.6% 93.4% 87.1% 84.5% 75.0% 78.8% 38.7% 28.9% 23.0% 23.8% 14.9% 18.9% 17.4% 15.2% 16.4% 14.5% FY24 FY25 FY26 1HFY26
Slide 15: Gross Profit & Net Profit Trend
Gross Profit & Net Profit Trend (excluding for discontinued operations) 300.0 19.7% 18.0% 18.9% 18.7% 16.2% 16.8% 15.6% 14.2% 13.6% 13.0% 12.5% 250.0 11.7% 9.9% 10.5% 9.9% 10.7% 9.2% 8.6% 6.8% 5.6% 5.6% 5.5% 200.0 164.7 167.9 155.7 155.1 143.6 138.9 144.8 150.0 131.2 131.2 130.5 126.3 98.1 95.9 100.
Slide 16: Market Capitalisation, NAV & Net Cash Balance
Market Capitalisation, NAV & Net Cash Balance (HK$’m) 2,634.7 NAV Market Cap Net Cash balance 2,336.3 1,765.6 1,469.3 1,456.1 1,414.5 1,465.5 1,368.6 1,348.8 1,399.6 1,362.0 1,340.5 1,213.8 1,148.7 1,093.8 1,164.5 1,009.9 936.7 FY22 FY23 FY24 FY25 FY26 1HFY27 # Share price as at respective period/ye
Slide 17: Dividends Track Record
Dividends Track Record 132.4% 69.0% 68.7% 64.6% 64.9% 51.2% 54.2% 55.0% 54.3% 56.1% 54.1% 48.5% 48.8% 53.6% 46.1% 45.0% 40.2% 30.1% 33.6% 33.0% 4.7% 6.1% 11.8% 7.7% 9.8% 11.9% 6.0% 9.8% 7.5% 7.7% 5.3%* 4.2% 6.3% 7.2% 6.0% 4.5% 6.5% 7.4% 6.7% 7.1% 1HFY2027 (Total) 1HFY2027 (Ordinary) 1HFY2027 (Specia
Slide 18: Summary of Cash Flows
Summary of Cash Flows HK$’m 1HFY27 1HFY26* Operating Activities Net cash generated from operating activities of continuing operations 77.3 93.2 Net cash used in operating activities of discontinued operations (1.0) (2.4) Net cash generated from operating activities 76.3 90.8 Investing Activities Net
Slide 19: Balance Sheet & Key Ratios
Balance Sheet & Key Ratios HK$’m 1HFY27 FY26 Turnover Days 1HFY27 FY26 Working capital Inventories 63.3 53.9 Inventories 253.1 198.9 Trade Receivables 65.3 66.9 Trade Receivables 321.3 304.2 Trade Payables (81.2) (62.7) Trade Payables (324.5) (231.4) 47.4 58.1 249.9 271.7 Net Current Assets 1,129.2
Slide 20: Key Financial Ratios
Key Financial Ratios 1HFY27 FY26 Price (SGD)# 0.99 0.89 NAV per share (SGD)* 0.56 0.59 Cash per share (SGD)* 0.46 0.49 Cash to Mkt Cap ratio 43.6% 52.0% Current ratio 2.4 2.5 ROE 12.7% 7.6% ROA 8.2% 5.1% PB ratio 1.75 1.50 # Share price as at respective period/year end date *SGD/HKD Ex rate as at th
Slide 21: Business Updates and Outlook
Business Updates and Outlook
Slide 22: Business Segments
Business Segments Gross profit margin decreased from 19.7% to 18.7% mainly due to higher component costs amid supply chain pressures driven by strong AI infrastructure demand. ICE Segment CE Segment • Revenue growth driven by customers in network-access- • Revenue decline was anticipated, solutions
Slide 23: Strategic Direction
Strategic Direction 01 02 Manage cost pressures through proactive supply- Leverage regional manufacturing chain management, operational efficiency capabilities across Vietnam and China. improvements and, where appropriate, negotiations with customers to mitigate increases in component costs. 03 Ongo
Slide 24: Macroeconomic Environment
Macroeconomic Environment KEY FACTORS • We expect the operating environment for the EMS industry to remain challenging amid continued geopolitical tensions, evolving trade and tariff policies, and supply-chain uncertainties. • Strong demand for components used in AI infrastructure has continued to a
Slide 25: Capital Return Programme
Capital Return Programme FY2027 FY2027 FY2028 Total allocated Progress to date Planned HK$300M ~HK$65.7M Special FY2026: HK16.0 cts/share FY2027-FY2028 dividends ~HK$66M ~HK$24.5M Returning surplus cash 1HFY2027: HK6.0 cts/share Balance of to shareholders HK$300M ~HK$31.4M Share Not less than 5.1 mi
Slide 26: Thank You!
Vv tronics Thank You!
Valuetronics Holdings — H1 2027 Earnings Presentation on 6ix