ASX Share rice
Mon 17 May 2021 - 04:38:am (Sydney)

VEE Share Price

VEEM LTDVEECapital Goods

VEE Company Information

Name:

VEEM Ltd

Sector:

Industrials

Industry:

Aerospace & Defense

GIC Industry:

Machinery

GIC Sub Industry:

Industrial Machinery

Address:

22 Baile Road Canning Vale WA Australia 6155

Phone:

61 8 9455 9355

Full Time Employees:

180

MD & Director:

Mr. Mark David Miocevich

CFO & Joint Company Sec.:

Mr. David Rich B.Com., F.C.A.

Joint Company Sec.:

Ms. Tracy Pauline Caudwell AssocDipAcct, B.Acct, Cert.Bus.Stud

Company Overview:

VEEM Ltd manufactures and sells propulsion and stabilization systems. It offers propellers, centrifugally cast hollow bars, and gyrostabilizers; and manufactures bespoke products and services to the marine, defense, and mining industries. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd operates as a subsidiary of Veem Corporation Pty Ltd.

VEE Share Price Information

Shares Issued:

130M

Market Capitalisation:

$144.30M

Dividend per Share:

$0.007

Ex Dividend Date:

2021-03-05

Dividend Yield:

0.63%

Revenue (TTM):

$51.85M

Revenue Per Share (TTM):

$0.40

Earnings per Share:

$0.035

Profit Margin:

0.0882

Operating Margin (TTM):

$0.08

Return On Assets (TTM):

$0.04

Return On Equity (TTM):

$0.14

Quarterly Revenue Growth (YOY):

0.358

Gross Profit(TTM):

$26.14M

Diluted Earnings Per Share (TTM):

$0.035

QuarterlyEarnings Growth(YOY):

2.334

VEE CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$-2,572,066

Change To Liabilities:

$-1,364,146

Total Cashflow From Investing Activities:

$-2,572,066

Net Borrowings:

$-1,929,353

Net Income:

$2.47M

Total Cash From Operating Activities:

$5.96M

Depreciation:

$3.21M

Dividends Paid:

$-742,300

Change To Inventory:

$2.80M

Change To Account Receivables:

$-2,686,075

Capital Expenditures:

$1.61M

VEE Income Statement

Income Date:

2020-06-30

Income Before Tax:

$3.24M

Net Income:

$2.47M

Gross Profit:

$27.68M

Operating Income:

$4.15M

Other Operating Expenses:

$1.45M

Interest Expense:

$871.83K

Income Tax Expense:

$769.50K

Total Revenue:

$44.37M

Cost Of Revenue:

$16.68M

VEE Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$13.33M

Total Liabilities:

$33.25M

Total Stockholder Equity:

$32.56M

Other Current Liabilities:

$683.79K

Total Assets:

$65.81M

Common Stock:

$5.14M

Other Current Assets:

$556.64K

Retained Earnings:

$27.42M

Other Liabilities:

$3.70M

Other Assets:

$14.37M

Cash:

$3.62M

Total Current Liabilities:

$9.62M

Short-Term Debt:

$855.41K

Property - Plant & Equipment:

$27.31M

Net Tangible Assets:

$32.02M

Total Current Assets:

$23.59M

Long-Term Debt:

$6.46M

Net Receivables:

$10.63M

Short-Term Investments:

$42.22M

Inventory:

$8.24M

Accounts Payable:

$3.08M

Short-Term Investments:

$42.22

Non Current Liabilities Total:

$23.62M

VEE Share Price History

VEE News

05 May, 2021
VEEM (ASX:VEE) has had a great run on the share market with its stock up by a significant 42% over the last three...
05 Apr, 2021
The big shareholder groups in VEEM Ltd ( ASX:VEE ) have power over the company. Generally speaking, as a company grows...
10 Mar, 2021
Does the March share price for VEEM Ltd ( ASX:VEE ) reflect what it's really worth? Today, we will estimate the stock's...
08 Feb, 2021
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
11 Jan, 2021
If you want to compound wealth in the stock market, you can do so by buying an index fund. But if you pick the right...
10 Dec, 2020
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
11 Nov, 2020
Mark Miocevich became the CEO of VEEM Ltd (ASX:VEE) in 1995, and we think it's a good time to look at the executive's...
01 Oct, 2020
Most readers would already be aware that VEEM's (ASX:VEE) stock increased significantly by 19% over the past three...

VEE Dividend Payments

EX-Date Dividend Amount
2017-09-06$0.0123
2018-03-08$0.0038
2018-09-06$0.0026
2019-03-07$0.0015
2019-09-12$0.0037
2020-03-06$0.0021
2020-09-11$0.0023
2021-03-05$0.0043