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    Real estate development
Wang On Group Limited

Wang On Group Limited

HHKEX:1222
0.02
HKD
0.00
(0.00%)
297.50MMarket Cap
Wang On Group Limited
HKEX:1222
(Hong Kong Exchange)

Recent

price

0.02

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
HKD
0.14
0.02
0.04
0.09
0.08
0.05
0.05
0.14
0.22
0.2
0.12
0.13
0.25
0.15
0.19
0.19
- -
Revenue per Share
0.05
0.02
0.02
0.03
0.03
0.02
0.02
0.07
0.02
0.03
0.01
-0.02
- -
-0.06
-0.07
-0.06
- -
Basic EPS, GAAP
-0.05
- -
0.02
0.05
-0.03
- -
- -
-0.05
-0.03
0.03
-0.07
-0.19
0.06
-0.02
0.08
0.08
- -
Free Cash Flow per Basic Share
0.01
- -
- -
- -
0.01
- -
0.01
0.01
0.01
0.01
0.01
- -
- -
- -
- -
- -
- -
Dividend per Share
0.13
0.15
0.18
0.2
0.21
0.24
0.24
0.31
0.33
0.35
0.39
0.42
0.43
0.37
0.31
0.26
0.26
Book Value per Share
0.13
0.15
0.18
0.2
0.21
0.24
0.24
0.3
0.33
0.35
0.39
0.42
0.43
0.37
0.3
0.25
0.25
Tangible Book Value per Share
4,443
19,575
19,575
19,575
19,575
19,524
19,075
18,761
18,226
17,128
16,150
14,848
14,254
13,645
14,167
14,167
14,167
Basic Weighted Avg Shares
614
411
744
1,687
1,500
917
869
2,621
4,009
3,441
1,918
1,856
3,603
1,983
2,740
2,631
- -
Sales/Revenue/Turnover
26.64
15.72
30.72
44.49
32.01
11.68
-78.28
7.97
21.17
20.99
4.93
1.95
2.87
-1.45
-7.86
-11.4
- -
Operating Margin (%)
12
12
5
5
6
7
36
74
74
150
144
161
147
137
132
125
- -
Depreciation Expense
226
395
410
594
588
449
424
1,223
420
475
124
-305
13
-754
-922
-804
- -
Net Income, GAAP
12.69
7.31
9.11
12.86
15.96
- -
- -
3.76
16.13
15.71
57.89
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
36.83
96.21
55.04
35.19
39.21
48.98
48.74
46.68
10.47
13.8
6.46
-16.45
0.35
-38.01
-33.66
-30.57
- -
Profit Margin (%)
1,243
1,078
1,089
1,880
2,991
4,194
5,036
4,741
4,507
3,404
4,254
3,746
2,286
2,529
3,015
1,164
1,164
Working Capital
632
790
1,346
820
1,808
1,609
3,288
3,192
3,398
3,548
3,771
3,677
3,070
2,193
3,392
2,578
2,578
LT Debt
2,627
2,991
3,568
3,912
4,190
4,556
6,426
7,999
8,006
9,684
9,969
9,600
9,379
8,119
6,780
5,585
5,585
Total Equity
4.52
1.86
6.04
13.57
7.2
- -
- -
11.64
6.42
7.14
-0.02
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
7.59
10.79
9.12
11.75
10.07
- -
- -
6.64
0.45
2.42
1.49
- -
- -
- -
- -
- -
- -
Return on Capital (%)
9.88
14.07
12.49
15.87
14.52
10.27
9.24
23.5
7.18
7.95
1.98
-4.91
0.21
-13.48
-19.22
-20.24
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
1,903
1,279
2,250
LT Borrowings
3,392
3,108
2,578
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14,167
14,167
14,167
Market Capitalization
312
397
298

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
5,503
4,753
4,071
Cash, Cash Equivalents & STI
796
772
1,220
Accounts Receivable, Net
78
69
59
Inventories
3,993
3,297
2,393
Total Current Liabilities
2,489
2,390
2,907
Payables & Accruals
- -
- -
- -
ST Debt
1,903
1,279
2,250
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.6%
-10.71%
-17.64%
Free Cash Flow
-17.28%
-147.69%
2.56%
Net Income, GAAP
-638.12%
-1,287.56%
-12.8%
Sales/Revenue/Turnover
27.1%
16.03%
-3.98%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,983
2025
- -
- -
2,740
2026
- -
- -
2,631

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.06
2025
- -
- -
-0.07
2026
- -
- -
-0.06

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
Wang On Group Limited (stock code: 1222.HK) is an investment holding company principally engaged in property development and investment; fresh market management and sub-licensing including butchery and agricultural produce exchange markets; pharmaceutical production and sales of Chinese and Western medicines, health foods, and personal healthcare products under the Wai Yuen Tong and Madame Pearl's brands; treasury management encompassing finance provision, debt and securities investments, asset management, and money lending; and property investment in industrial, commercial premises, and residential units for rental or sale. The group operates through five main segments across Hong Kong, mainland China, Macau, and international markets including Southeast Asia, Europe, and America, with subsidiaries such as listed Wang On Properties Limited (stock code: 1243.HK) handling luxury residential projects like Meister House, Godi, and the met. series, as well as Ginza-style LADDER commercial properties; wet market brands Allmart in Hong Kong and Huimin in mainland China; and Wai Yuen Tong Medicine Holdings Limited (stock code: 897.HK). Founded in 1987 and headquartered in Kowloon Bay, Hong Kong, the group employs around 1,900 people and maintains a modern factory in Yuen Long certified under Good Manufacturing Practice standards from Hong Kong and Australia. Recent developments include multiple joint ventures through Wang On Properties with partners such as Angelo, Gordon & Co. (AG), APG Strategic Real Estate Pool, Kohlberg Kravis Roberts & Co., and Chevalier International Holdings for premium residential projects like 101 Kings Road (pre-sales HK$1.23 billion as of mid-2025), Coasto (pre-sales HK$489 million), Phoenext, and Sze Shan Street in Yau Tong; the June 2025 disposal of 20% equity in Sunny House student accommodation joint venture to AG for HK$87.2 million alongside a new framework agreement committing US$18 million from the group and US$100 million from AG for future student housing; Sunny House rebranding and operations launch in Q3 2024 with 97% occupancy; and CAP Group disposals including equity reduction in Yulin Hongjin Marketplace in July 2025 and sale-and-leaseback deals for assets in Luoyang, Puyang, and other equipment in 2025.