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Investor Relations
Shareholder Value
VTech’s goal is to create long-term sustainable value for
shareholders. This commitment is demonstrated in its share
price performance, dividend payments and index recognition.
Share Price Performance
In the financial year 2015, the highest closing price of VTech
shares was HK$116.00 (23 December 2014) and the lowest
closing price was HK$90.75 (12 September 2014). Over the past
ten years, VTech share price has shown significant appreciation.
Dividend Payments
The Company’s dividend payout ratio is linked to its operating
earnings performance, financial position and future investment
opportunities. The dividend payout ratio in the financial
year 2015 amounted to 98.9% of the profit attributable to
shareholders of the Company, against 98.6% in the financial
year 2014.
VTech is committed to building long-term relationships with shareholders
and investors. The Group frequently communicates with institutional and
retail investors to ensure their thorough understanding of VTech’s business
strategies, operations and outlook.
INVESTOR RELATIONS
0
50
100
150
200
250
300
US$ million %
0
20
40
60
80
100
120
128.8
06 07 08 09 10 11 12 13 14 15
59.3
182.9
105.0#
215.7
71.6
143.2
91.3
206.5
93.7
202.0
96.2
191.9
99.1
201.5
99.6
203.8*
98.6*
198.1
98.9
* Restated # Included a special dividend
of US30.0 cents per
ordinary share
Prot attributable to
shareholders of the
Company (US$ million)
Dividend payout ratio (%)
During the past ten years, VTech has provided a sustainable
return to shareholders. The Company has maintained a high
dividend payout ratio of over 90% since the financial year 2009.
0
20
40
60
80
100
120
HK$
14 15131211100908070605
Profit Attributable to Shareholders of the Company and Dividend Payout Ratio in Last 10 Years
VTech Share Price in Last 10 Years
(1 April 2005 – 31 March 2015)
Source: Bloomberg Finance L.P.
30 VTech Holdings Limited Annual Report 2015