1. Hong Kong Stocks

  2. •

    Real Estate

  3. •

    Real Estate - Development
Wharf (Holdings) Limited

Wharf (Holdings) Limited

0004.HK
Wharf (Holdings) LimitedHK flagHong Kong Stock Exchange
22.64
HKD
-0.98
- -
69.19BMarket Cap
Wharf (Holdings) Limited
0004.HK
(Hong Kong Stock Exchange)

Recent

price

22.64

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
6.85
8.03
10.19
10.52
12.59
13.49
15.38
14.26
6.91
5.54
6.88
7.33
5.91
6.2
3.96
3.6
Revenue per Share
12.64
10.22
15.6
9.7
11.86
5.29
7.07
7.21
2.18
1.11
1.27
1.97
-0.56
0.31
-1.05
0.02
Basic EPS, GAAP
-0.78
-4.04
3.88
3.31
5.43
7.47
8.87
1.17
-2.78
2.99
3.24
0.68
1.91
0.59
1.18
1.27
Free Cash Flow per Basic Share
0.97
1.01
1.15
1.7
1.75
1.81
1.93
2.21
1.2
0.65
0.28
0.4
0.4
0.4
0.4
0.4
Dividend per Share
0.97
1.01
1
78.81
97.65
101.13
9.73
9.81
9.91
9.92
9.92
9.94
9.94
9.94
9.94
9.94
Book Value per Share
60.22
70.37
84.68
93.67
103.57
104.54
107.26
47.85
45.47
47.92
53.5
54.36
50.85
48.4
46.52
49.78
Tangible Book Value per Share
2,829
2,991
3,029
3,030
3,030
3,031
3,031
3,034
3,045
3,048
3,050
3,055
3,056
3,056
3,056
3,056
Basic Weighted Avg Shares
19,380
24,004
30,856
31,887
38,136
40,875
46,627
43,273
21,055
16,874
20,997
22,378
18,064
18,950
12,115
10,997
Sales/Revenue/Turnover
52.55
47.57
45.92
41.65
32.7
36.34
36.6
47.66
41.57
46.63
52.88
38.14
13.08
33.81
33.35
39.96
Operating Margin (%)
1,328
1,395
1,430
1,445
1,522
1,548
1,406
938
643
712
724
754
717
706
708
705
Depreciation Expense
35,750
30,568
47,263
29,380
35,930
16,024
21,440
21,876
6,623
3,386
3,864
6,019
-1,705
945
-3,224
50
Net Income, GAAP
6.07
9.54
8.02
12.56
9.29
18.56
15.94
26.06
38.07
46.37
49.78
31.37
734.51
49.66
- -
- -
Effective Tax Rate (%)
184.47
127.35
153.17
92.14
94.22
39.2
45.98
50.55
31.46
20.07
18.4
26.9
-9.44
4.99
-26.61
0.45
Profit Margin (%)
27,175
53,058
40,010
36,356
21,045
13,782
5,145
37,119
20,618
26,192
15,715
35,605
26,040
23,731
24,185
36,965
Working Capital
41,760
67,090
69,090
73,085
69,331
62,244
45,616
26,267
31,847
35,689
30,625
33,081
17,565
14,932
13,844
15,482
LT Debt
170,649
210,874
256,906
284,255
314,111
317,180
325,406
145,471
138,760
146,343
163,476
166,377
155,707
148,203
142,470
152,418
Total Equity
4.8
4.05
4.19
3.31
2.97
3.09
3.69
5.33
2.93
2.22
2.75
2.81
-7.8
1.86
- -
- -
Return on Invested Capital (%)
68.28
41.7
54.95
14.41
10.3
4.23
9.2
26.12
9.65
4.95
4.22
7.96
-6.7
2.21
- -
- -
Return on Capital (%)
1,298.11
1,057.17
1,560.35
24.3
13.44
5.32
12.76
73.83
22.1
11.21
12.78
19.85
-5.61
3.11
-10.61
0.16
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.65%
-1.27%
6.98%
Free Cash Flow
-46.51%
28.01%
8.03%
Net Income, GAAP
-83.93%
-154.14%
-101.55%
Sales/Revenue/Turnover
-9.3%
-10.62%
-9.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
18,950
2024
- -
- -
- -
- -
12,115
2025
- -
- -
- -
- -
10,997

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.31
2024
- -
- -
- -
- -
-1.05
2025
- -
- -
- -
- -
0.02

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.4
2024
- -
- -
- -
- -
0.4
2025
- -
- -
- -
- -
0.4
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Business
The Wharf (Holdings) Limited is a Hong Kong-based investment holding company primarily engaged in property investment, property development, hotel operations, and logistics infrastructure. Founded in 1886 and headquartered in Hong Kong, the company operates through four core business segments: investment properties, development properties, hotels, and logistics. Its investment properties portfolio includes commercial and retail spaces mainly located in Hong Kong and Mainland China. The development properties segment focuses on residential and mixed-use real estate projects in both regions. The company owns and manages a portfolio of 16 hotels across Asia under its Wharf Hotels brand, including wholly or partially owned properties like the recently opened Park Hyatt Changsha. Its logistics segment mainly comprises container terminal operations through Modern Terminals in Hong Kong and Mainland China, along with air cargo terminal operations through Hong Kong Air Cargo Terminals. Recent major developments at The Wharf (Holdings) Limited include strategic expansions and operational adjustments within its property and hotel segments, prompted by market dynamics in 2024. The residential market in Hong Kong stabilized following the lifting of cooling measures and interest rate cuts, strengthening demand for luxury residential properties. The company reported a 4% decline in segment revenue and a 6% drop in operating profit in its 2024 financial results, reflecting a challenging environment. Wharf has maintained its position as one of the longest-standing listed companies on the Hong Kong Stock Exchange and a constituent of the Hang Seng Index. Additionally, it retains significant equity holdings in companies such as Greentown China Holdings and Wharf Real Estate Investment Company. Wharf has sustained its commitment to corporate social responsibility, continuing as one of the top donors to community causes in Hong Kong. The Wharf (Holdings) Limited's business scope spans across Hong Kong and Mainland China, targeting commercial, residential property users, hotel guests, and logistics customers. The company emphasizes long-term asset management and strategic land acquisitions in these key markets. It is recognized for its historic presence and comprehensive property development and investment capabilities, supported by hotel operations and logistics infrastructure services. The company is controlled by its parent entity, Wheelock & Co., and focuses on "Building for Tomorrow" through diversified yet interconnected business areas. In recent years, Wharf divested its telecom arm Wharf T&T in 2016, allowing a sharper focus on its core property and logistics businesses. Overall, The Wharf (Holdings) Limited is a diversified property and infrastructure investment group with a history exceeding 130 years, operating across multiple sectors including investment and development properties, hospitality, and logistics infrastructure predominantly in Hong Kong and Mainland China, with recent strategic developments enhancing its residential and hotel portfolios in 2024.