1. China Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
Wison Engineering Services Co., Ltd.

Wison Engineering Services Co., Ltd.

HHKEX:2236
0.45
HKD
-0.03
(-7.29%)
1.40BMarket Cap
Wison Engineering Services Co., Ltd.
HKEX:2236
(Hong Kong Exchange)

Recent

price

0.45

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.26
1.39
0.9
1.72
1.33
0.75
1.01
0.8
1.07
1.3
1.54
1.14
0.94
1.39
1.87
- -
Revenue per Share
0.13
0.13
-0.12
0.04
0.05
- -
0.03
0.01
0.01
-0.07
-0.02
-0.29
-0.05
0.03
0.03
- -
Basic EPS, GAAP
-0.15
-0.17
-0.07
0.19
0.24
-0.27
0.14
0.15
-0.07
-0.1
0.05
-0.15
0.15
0.75
-0.31
- -
Free Cash Flow per Basic Share
0.25
0.07
- -
- -
- -
- -
0.06
0.08
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.16
0.48
0.35
0.41
0.47
0.48
0.54
0.43
0.44
0.93
0.9
0.64
0.6
0.66
0.71
0.71
Book Value per Share
0.15
0.42
0.3
0.36
0.42
0.44
0.49
0.38
0.39
0.36
0.36
0.63
0.59
0.65
0.7
0.7
Tangible Book Value per Share
4,000
3,525
4,061
4,065
4,065
4,065
4,065
4,069
4,072
4,074
4,074
4,074
4,074
4,074
4,073
4,073
Basic Weighted Avg Shares
5,037
4,892
3,675
6,992
5,414
3,042
4,125
3,256
4,367
5,296
6,280
4,659
3,843
5,647
7,605
- -
Sales/Revenue/Turnover
17.93
16.28
-11.57
4.14
4.05
-5.82
4.44
-2.42
-1.91
-3.98
-0.8
-16.53
-7.16
-0.08
1.65
- -
Operating Margin (%)
24
32
51
79
82
56
56
56
70
116
134
132
135
29
32
- -
Depreciation Expense
519
467
-471
179
205
15
138
56
51
-271
-93
-1,185
-196
142
142
- -
Net Income, GAAP
25.84
23.66
- -
21.22
23.31
81.52
27.67
17.58
43.68
- -
- -
- -
- -
7.77
20
- -
Effective Tax Rate (%)
10.3
9.54
-12.83
2.56
3.79
0.5
3.35
1.73
1.16
-5.12
-1.47
-25.45
-5.1
2.51
1.87
- -
Profit Margin (%)
388
1,345
20
-5
750
992
1,266
630
832
26
248
108
289
731
66
66
Working Capital
201
290
- -
- -
- -
- -
- -
- -
456
20
3
24
576
504
591
591
LT Debt
804
2,052
1,503
1,785
2,083
2,157
2,359
1,750
1,804
3,792
3,647
2,576
2,449
2,653
2,858
2,858
Total Equity
- -
16.99
- -
8.39
7.02
0.31
4.85
-1.53
-0.92
- -
- -
- -
- -
0.72
1.25
- -
Return on Invested Capital (%)
- -
14.16
- -
13.41
21.35
2.46
7.97
3.45
2.78
- -
- -
- -
- -
5.38
4.38
- -
Return on Capital (%)
- -
36.61
-28.42
11.61
11.52
0.79
6.67
2.86
2.85
-9.69
-2.49
-38.02
-7.76
5.51
5.13
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
611
316
312
LT Borrowings
503
473
575
LT Finance Leases
2
1
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,074
4,074
4,064
Market Capitalization
815
1,431
1,260

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
8,275
7,423
5,930
Cash, Cash Equivalents & STI
4,750
3,863
3,414
Accounts Receivable, Net
511
322
838
Inventories
426
267
180
Total Current Liabilities
7,545
6,654
5,864
Payables & Accruals
- -
- -
- -
ST Debt
611
316
312
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.83%
-4.41%
7.7%
Free Cash Flow
-95.7%
-97.74%
-141.21%
Net Income, GAAP
87.23%
171.82%
0.54%
Sales/Revenue/Turnover
8.3%
11.37%
34.66%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3,843
2024
- -
- -
5,647
2025
- -
- -
7,605

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.05
2024
- -
- -
0.03
2025
- -
- -
0.03

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
Similar Companies
Larsen & Toubro Limited (NSE:LT)
Engineers India Limited (NSE:ENGINERSIN)
Tekfen Holding Anonim Sirketi (BIST:TKFEN)
Enka Insaat ve Sanayi A.S. (BIST:ENKAI)
Quanta Services, Inc. (NYSE:PWR)
Sterling Infrastructure, Inc. (NASDAQ:STRL)
Business
Wison Engineering Services Co. Ltd. is a China-based company specializing in engineering, procurement, and construction (EPC) services primarily for the energy and chemical industries. The company offers core products and services including advanced ethylene steam cracking technologies and engineering solutions; Methanol-to-Olefins (MTO) process technology licensing and engineering services; modular construction and delivery of functional plant modules; methyl methacrylate technology research and development; and comprehensive project consultancy and engineering design services spanning oil and gas processing, petrochemicals, C1 chemicals, and new energy projects. Wison leverages proprietary technologies for cracking furnaces and olefin separation, backed by extensive project execution experience. The company also provides end-to-end project lifecycle services from planning and feasibility studies through to engineering, procurement, construction, and digital delivery, aiming to optimize cost, efficiency, and quality. In recent developments, Wison Engineering has formed a strategic cooperation agreement with Clariant International to collaborate on green and sustainable chemical technologies, focusing on carbon reduction and renewable energy solutions. It also signed a joint development partnership with Bureau Veritas Marine & Offshore to pioneer smart floating production, storage, and offloading (FPSO) systems integrating AI, machine learning, and clean energy technologies to enhance offshore engineering equipment efficiency and reduce carbon emissions. Additionally, Wison terminated a large contract with Lukoil-Permnefteorgsintez worth RMB 8.3 billion without financial risk due to sufficient prepayments. The company continues expanding its new energy business by developing green hydrogen, green ammonia, green methanol, and sustainable aviation fuel solutions. Founded in 1997 and headquartered in Shanghai, China, Wison Engineering operates globally with a focus on the Chinese market and international projects. It serves petrochemical, coal-to-chemical, oil refining, and energy sectors. The company combines deep technology expertise with modularization and digitalized engineering to deliver cost-effective, sustainable industrial solutions and maintain a strong presence in both traditional chemical processing and emerging green energy markets. Wison remains committed to promoting energy transition and high-quality development through innovative technology partnerships and strategic business expansions.