WK Group (Holdings) Limited

WK Group (Holdings) Limited

HHKEX:2535
0.53
HKD
+0.02
(+2.94%)
1.80BMarket Cap
WK Group (Holdings) Limited
HKEX:2535
(Hong Kong Exchange)

Recent

price

0.53

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
HKD
0.16
0.11
0.17
0.19
0.21
0.17
- -
Revenue per Share
0.02
0.01
0.02
0.01
0.02
0.01
- -
Basic EPS, GAAP
- -
0.01
0.04
-0.01
- -
0.01
- -
Free Cash Flow per Basic Share
- -
- -
- -
0.01
0.01
- -
- -
Dividend per Share
0.04
0.05
0.07
0.07
0.13
0.13
0.13
Book Value per Share
0.04
0.05
0.07
0.07
0.13
0.13
0.13
Tangible Book Value per Share
2,000
2,000
2,000
2,000
1,908
2,000
2,000
Basic Weighted Avg Shares
324
229
336
370
398
348
- -
Sales/Revenue/Turnover
12.84
8.64
14.23
14.09
11.26
5.59
- -
Operating Margin (%)
5
5
5
6
8
13
- -
Depreciation Expense
37
17
39
25
32
16
- -
Net Income, GAAP
15.48
17.19
15.48
25.1
20.54
18.15
- -
Effective Tax Rate (%)
11.32
7.58
11.67
6.81
7.91
4.63
- -
Profit Margin (%)
61
81
112
118
219
236
236
Working Capital
2
- -
4
- -
2
1
1
LT Debt
81
98
131
136
253
269
269
Total Equity
- -
17.15
30.89
16.96
15.26
6.08
- -
Return on Invested Capital (%)
- -
17.49
31.09
17.2
15.39
6.07
- -
Return on Capital (%)
- -
19.37
34.38
18.89
16.17
6.17
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
10
11
6
LT Borrowings
- -
- -
- -
LT Finance Leases
2
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,000
2,000
2,000
Market Capitalization
1,240
1,060
1,800

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
276
275
278
Cash, Cash Equivalents & STI
107
121
110
Accounts Receivable, Net
142
126
87
Inventories
- -
- -
- -
Total Current Liabilities
57
47
42
Payables & Accruals
- -
- -
- -
ST Debt
10
11
6
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
30.12%
6.22%
Free Cash Flow
- -
120.27%
87.34%
Net Income, GAAP
- -
2.81%
-48.84%
Sales/Revenue/Turnover
- -
4.51%
-12.73%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
370
2024
- -
- -
398
2025
- -
- -
348

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.02
2025
- -
- -
0.01

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.01
2025
- -
- -
- -
Business
WK Group (Holdings) Limited is an investment holding company principally engaged in the provision of structural steelwork services in Hong Kong, specializing in the supply, fabrication, and installation of structural steel for construction projects. The Group offers customized fabrication of structural steel tailored to customer specifications, along with other steel supply services; it operates two production facilities in Dongguan, the People's Republic of China, to process and fabricate steel components. The company serves as a subcontractor for private commercial developments, public residential projects, and infrastructure initiatives, including major contracts such as a private commercial development in Causeway Bay, a public residential development in Tung Chung, and an infrastructure project in Kai Tak. Founded in 1999 and headquartered in Tsuen Wan, New Territories, Hong Kong, the Group primarily targets the Hong Kong construction market across commercial, residential, and public infrastructure segments, with manufacturing support in mainland China. WK Group (Holdings) Limited, incorporated in the Cayman Islands, operates as a subsidiary of WK (BVI) Limited and listed its shares on the Main Board of The Stock Exchange of Hong Kong Limited on March 8, 2024. As of June 30, 2025, it employs approximately 142 staff and maintains a project backlog valued at HK$255.7 million across 26 projects. In recent developments, the Group listed on the Hong Kong Stock Exchange in March 2024, raising net proceeds of approximately HK$91 million to finance project costs, acquire land for a new production facility, and expand manpower. During the six months ended June 30, 2025, it established a subsidiary to enter the solar panel market, capitalizing on growth in sustainable energy, and began exploring expansion into prefabricated accommodation and building materials following discussions with industry participants and rising demand since the second quarter of 2025. The company streamlined internal processes for cost control and operational efficiency amid property market challenges, while maintaining focus on tendering for stable opportunities in public infrastructure projects such as Tung Chung New Town Extension and Kai Tak developments.