Operations: The company has not reported any specific revenue segments.

Market Cap: THB1.44B

V.L. Enterprise, with a market cap of THB1.44 billion, has demonstrated substantial earnings growth over the past year, reporting a 1245.9% increase in net income compared to its five-year average decline of 23.4%. Recent earnings for Q3 2024 showed revenue at THB258.97 million and net income at THB64.85 million, indicating improved profitability and high-quality earnings despite historical volatility in share price and declining long-term profit trends. The company's debt management is robust with a reduced debt-to-equity ratio of 55.4% and interest payments well covered by EBIT (4.1x coverage), though short-term assets slightly exceed short-term liabilities while not fully covering long-term liabilities.

• Take a closer look at V.L. Enterprise's potential here in our financial health report.

• Evaluate V.L. Enterprise's historical performance by accessing our past performance report.

Avarga

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Avarga Limited is an investment holding company involved in the manufacturing and trading of paper products across various countries, with a market cap of SGD227.08 million.

Operations: The company's revenue is primarily derived from its Building Products segment, which generated SGD1.64 billion, and its Paper Mill segment, which contributed SGD22.54 million.

Market Cap: SGD227.08M

Avarga Limited, with a market cap of SGD227.08 million, recently saw ZICO Trust (S) Ltd acquire a 20.17% stake for approximately SGD45.81 million, triggering an offer for the remaining shares at SGD0.25 each. Despite Avarga's negative earnings growth over the past year and declining profits over five years, its short-term assets significantly exceed liabilities, and debt is well covered by operating cash flow (505.7%). However, profit margins have declined to 0.5%, impacted by a large one-off loss of SGD15.1 million in the last financial year ending June 2024, indicating volatility in earnings quality and profitability challenges ahead.

• Dive into the specifics of Avarga here with our thorough balance sheet health report.

• Assess Avarga's previous results with our detailed historical performance reports.

Summing It All Up

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NZSE:SAN SET:VL and SGX:U09.

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