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    Engineering & Construction
WLS Holdings Limited

WLS Holdings Limited

8021.HK
WLS Holdings LimitedHK flagHong Kong Stock Exchange
0.17
HKD
- -
- -
61.09MMarket Cap
WLS Holdings Limited
8021.HK
(Hong Kong Stock Exchange)

Recent

price

0.17

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.42
0.3
0.26
0.28
0.03
0.02
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Revenue per Share
-0.02
-0.08
0.01
-0.03
-0.02
- -
- -
- -
-0.01
- -
-0.01
- -
- -
-0.01
- -
- -
-0.01
Basic EPS, GAAP
-0.04
-0.01
-0.05
-0.03
-0.01
- -
-0.05
-0.01
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.03
0.02
0.04
0.01
-0.01
0.01
0.01
0.01
- -
-0.01
-0.01
0.01
0.01
-0.02
0.01
0.01
-0.02
Book Value per Share
0.36
0.31
0.31
0.28
0.02
0.03
0.1
0.06
0.05
0.04
0.04
0.04
0.03
0.03
0.03
0.03
0.03
Tangible Book Value per Share
316
352
445
448
3,766
8,843
8,075
12,767
12,947
14,367
14,367
14,367
14,367
14,367
14,367
14,367
14,367
Basic Weighted Avg Shares
133
106
115
126
112
137
155
186
152
180
140
150
189
146
82
79
107
Sales/Revenue/Turnover
-7.4
-27.72
-11.09
-10.26
-58.29
-7.32
-5.73
-12.45
-13.26
10.67
10.58
19.55
12.03
13.89
39.45
43.89
28.69
Operating Margin (%)
4
4
4
4
5
6
10
10
9
7
8
6
6
4
1
2
- -
Depreciation Expense
-8
-27
4
-14
-61
-10
-18
-16
-110
-52
-109
-17
-11
-112
-11
-7
-103
Net Income, GAAP
- -
- -
34.87
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
15.27
Effective Tax Rate (%)
-5.84
-25.27
3.64
-11.29
-54.73
-7.07
-11.71
-8.59
-72.15
-28.91
-78.05
-11.25
-5.72
-77
-13.53
-8.65
-95.79
Profit Margin (%)
72
60
86
62
16
147
656
600
272
111
130
215
242
360
137
356
373
Working Capital
- -
1
1
1
- -
- -
1
56
1
1
4
- -
5
4
- -
- -
1
LT Debt
117
113
142
128
93
298
796
782
710
635
524
509
503
396
384
377
384
Total Equity
- -
- -
-4.84
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
14.34
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-100.15
-343.88
32.4
-119.6
- -
- -
-26.14
-21.24
- -
- -
- -
- -
-7.53
- -
- -
-4.77
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Apr'23
Jul'24
Oct'24
ST Debt
122
- -
145
LT Borrowings
3
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14,367
- -
14,367
Market Capitalization
733
776
445

Working Capital

FRC

•

in mil. unless spec.
Apr'23
Jul'24
Oct'24
Total Current Assets
535
- -
566
Cash, Cash Equivalents & STI
64
- -
64
Accounts Receivable, Net
34
- -
41
Inventories
- -
- -
1
Total Current Liabilities
175
- -
193
Payables & Accruals
- -
- -
- -
ST Debt
122
- -
145
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.79%
-6.03%
-1.66%
Free Cash Flow
364.29%
24.91%
-120.28%
Net Income, GAAP
141.11%
137.94%
-38.58%
Sales/Revenue/Turnover
-2.59%
-7.36%
-3.98%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25
21
- -
- -
82
2025
- -
- -
- -
- -
79
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
WLS Holdings Limited operates primarily in the construction services industry, providing scaffolding, fitting out, and other auxiliary services for construction and building works in Hong Kong. Its core products and services include scaffolding services for public housing, private residential and commercial building construction, repair, maintenance and renovation works; false ceiling and fitting out services; glass fiber reinforced concrete (GFRC) and glass reinforced plastic (GRP) production; signages; artworks; and stamping services. The company also engages in money lending, securities investment, and asset management businesses. Founded in 1987, WLS Holdings is headquartered in Hong Kong and operates mainly within the Hong Kong market. In recent years, WLS Holdings has made strategic developments including forming partnerships and entering into cooperation agreements to expand its service offerings. The company announced a strategic cooperation agreement in early 2023 to enhance its market position in the scaffolding and construction-related services sector. It continues to maintain a leading position in Hong Kong's scaffolding market, supporting numerous large-scale construction projects including developments in public housing and commercial buildings. The group’s diversification into financial services alongside its core scaffolding and construction-related businesses marks a notable strategic expansion. Through subsidiaries, it manages assets and offers wealth management services, broadening its revenue base beyond its traditional construction market. This expansion has been supported by acquisitions such as the purchase of Blue Pool Ventures Limited in 2018, which bolstered its financial services capabilities. WLS Holdings Limited's integrated business model covers three operating segments: scaffolding, fitting out and ancillary construction services; money lending and securities investment; and asset management. Its main markets are within Hong Kong, where it supplies key construction materials and services essential for large development projects. The company trades on the Hong Kong Stock Exchange under the ticker 8021.HK. Overall, WLS Holdings Limited combines specialized construction scaffolding and finishing services with diversified financial services, positioning itself as a multifaceted group within Hong Kong's construction and finance sectors. Its recent strategic cooperation agreements and acquisitions reflect ongoing efforts to expand its service scope and strengthen market presence.