Wai Chi Holdings Co., Ltd.

Wai Chi Holdings Co., Ltd.

HHKEX:1305
0.77
HKD
+0.04
(+5.48%)
149.41MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10.64
7.47
5.5
6.26
7.74
10.38
10.22
6.44
8.87
10.22
9.16
10.8
11.51
- -
Basic EPS, GAAP
0.66
0.39
-0.19
0.03
0.1
0.21
0.17
0.14
0.24
0.28
0.17
0.21
0.23
- -
Free Cash Flow per Basic Share
1.21
-0.3
0.69
-0.31
0.18
-0.24
-0.31
1.04
1.06
1.24
-1.12
0.44
0.8
- -
Dividend per Share
- -
- -
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.1
3.26
2.88
2.68
2.98
3.04
3.12
3.46
3.77
3.81
3.94
4.07
4.32
4.32
Tangible Book Value per Share
2.1
3.26
2.88
2.68
2.98
3.04
3.12
3.46
3.77
3.81
3.94
4.07
4.32
4.32
Basic Weighted Avg Shares
84
156
200
211
217
217
217
217
217
217
217
220
220
220
Sales/Revenue/Turnover
894
1,166
1,100
1,322
1,678
2,250
2,215
1,396
1,923
2,216
1,986
2,372
2,530
- -
Operating Margin (%)
9.69
9.38
-1.1
1.4
3.53
3.44
2.63
3.65
4.23
2.35
3.92
4.82
3.85
- -
Depreciation Expense
36
42
48
39
39
43
46
53
58
60
54
57
63
- -
Net Income, GAAP
55
61
-39
6
22
45
37
31
51
60
36
47
50
- -
Effective Tax Rate (%)
20.66
25
- -
5.65
21.18
8.92
7.52
- -
- -
0.64
5.56
13.89
6.52
- -
Profit Margin (%)
6.17
5.25
-3.52
0.48
1.33
2
1.68
2.22
2.68
2.7
1.83
1.97
1.99
- -
Working Capital
115
333
285
344
378
312
395
231
204
269
453
525
405
405
LT Debt
1
3
7
6
2
3
12
17
12
7
3
31
31
31
Total Equity
420
652
576
582
646
660
676
752
820
826
868
897
951
951
Return on Invested Capital (%)
- -
9.85
- -
2.04
5.25
7.28
5.53
- -
- -
4.08
3.19
3.94
3.71
- -
Return on Capital (%)
- -
10.11
- -
3.11
4.55
7.27
6.6
- -
- -
8.25
5.91
7.51
7.01
- -
Return on Common Equity (%)
- -
11.41
-6.31
1.1
3.64
6.91
5.56
4.34
6.56
7.29
4.31
5.3
5.46
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
355
426
318
LT Borrowings
- -
- -
- -
LT Finance Leases
31
27
31
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
220
220
220
Market Capitalization
189
174
149

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
2,354
2,442
2,361
Cash, Cash Equivalents & STI
329
204
262
Accounts Receivable, Net
981
1,006
1,083
Inventories
255
353
216
Total Current Liabilities
1,828
1,873
1,957
Payables & Accruals
- -
- -
- -
ST Debt
355
426
318
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.2%
4.84%
6.03%
Free Cash Flow
-117.54%
-45.49%
83.15%
Net Income, GAAP
27.95%
15.87%
7.74%
Sales/Revenue/Turnover
11.13%
13.74%
6.65%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,986
2024
- -
- -
2,372
2025
- -
- -
2,530

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.17
2024
- -
- -
0.21
2025
- -
- -
0.23

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Chung Po Chen
Full Time Employees
4,277
Sector
Electronic technology
Industry
Semiconductors
Address
Liven House Hong Kong Hong Kong
IPO Date
Nov 18, 2014
Business
Wai Chi Holdings Company Limited (1305.HK), an investment holding company incorporated in the Cayman Islands in 1984 and headquartered at 6/F, Liven House, 63 King Yip Street, Kwun Tong, Kowloon, Hong Kong, manufactures and trades light-emitting diode (LED) backlight products, LED lighting products and semiconductor memory chips; provides lighting solutions design, installation and maintenance services; offers energy management solutions; engages in property holding activities; and supplies packaging and testing services together with related products sourcing. The LED backlight products comprise small sizes for smartphones and digital cameras, medium sizes (7-26 inches) for notebook computers, tablets, computer monitors and equipment displays, and large sizes over 26 inches for televisions and automobile on-board displays; the LED lighting products target commercial and public utilities including street lighting; while semiconductor memory chips are traded to support electronic applications. Wai Chi Holdings operates principally through its LED Backlight, LED Lighting and Semiconductor Memory Chips segments, serving business corporations and public utilities in the People's Republic of China, Hong Kong, Taiwan and internationally, with manufacturing facilities in Shenzhen, Huizhou and Yichang in the PRC and approximately 3,500-4,300 employees; the company, a subsidiary of Rexell Technology Company Limited, produces on an original equipment manufacturer (OEM) and original design manufacturer (ODM) basis utilizing comprehensive in-house processes from design and mould production to quality control. In September 2025, an indirect wholly-owned subsidiary entered into a share purchase agreement to acquire the entire shareholding in Joyful Family Consultant Limited, owner of Letu Photoelectric (Huizhou) Company Limited, for HK$155 million in cash from executive director and substantial shareholder Ms. Luk Fong, securing land use rights over approximately 86,118 square metres in Boluo County, Guangdong Province, PRC, to establish a dedicated production facility, expand capacity for LED and semiconductor operations, relocate Shenzhen assembly workshops, reduce third-party reliance, lower costs and support future growth amid demand pressures. The transaction, classified as a major and connected transaction, awaits independent shareholder approval at an extraordinary general meeting and remains subject to completion conditions by 31 December 2025.