1. Hong Kong Stocks

  2. •

    Retail trade

  3. •

    Department stores
Wing On Co. International Ltd.

Wing On Co. International Ltd.

HHKEX:289
12.68
HKD
-0.09
(-0.70%)
4.01BMarket 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
6.53
6.65
6.34
5.84
5.06
4.98
4.67
4.07
3.87
3.57
3.63
3.26
2.95
- -
Basic EPS, GAAP
4.45
4.32
3.62
3.35
9.03
5.78
2.61
-1.56
1.89
-1.03
0.42
-3.17
-1.14
- -
Free Cash Flow per Basic Share
1.69
1.86
1.3
1.94
1.09
0.5
1.31
0.24
0.34
-0.02
0.66
0.05
0.63
- -
Dividend per Share
1.05
1.08
1.72
0.75
2.04
0.96
0.8
0.76
1.06
0.46
1.09
0.92
0.96
- -
Book Value per Share
46.61
49.22
50.35
52.91
60.67
64.99
66.81
65.62
65.94
63.77
63.21
58.13
57.07
57.07
Tangible Book Value per Share
46.6
49.22
50.35
52.91
60.67
64.99
66.81
65.62
65.94
63.77
63.21
58.13
57.07
57.07
Basic Weighted Avg Shares
295
295
295
295
294
294
293
292
292
291
291
290
289
289
Sales/Revenue/Turnover
1,929
1,965
1,872
1,722
1,489
1,463
1,371
1,188
1,129
1,041
1,056
946
852
- -
Operating Margin (%)
32.1
31.95
29.85
31.79
31.74
32.39
34.57
34.64
32.77
30.81
29.32
21.95
15.79
- -
Depreciation Expense
51
49
50
55
55
62
89
93
89
87
89
80
77
- -
Net Income, GAAP
1,313
1,275
1,069
987
2,657
1,698
766
-456
552
-301
123
-919
-330
- -
Effective Tax Rate (%)
9.84
12.67
15.61
12.89
7.33
8.54
20.32
- -
18.85
- -
31.23
- -
- -
- -
Profit Margin (%)
68.06
64.88
57.08
57.31
178.4
116.05
55.83
-38.41
48.92
-28.91
11.68
-97.13
-38.79
- -
Working Capital
1,733
2,257
3,217
3,232
3,266
3,306
3,483
3,771
3,816
3,772
3,939
4,021
4,518
4,518
LT Debt
- -
282
215
- -
154
104
1
75
20
1
37
19
- -
- -
Total Equity
13,783
14,557
14,881
15,614
17,862
19,113
19,581
19,186
19,249
18,585
18,385
16,858
16,491
16,491
Return on Invested Capital (%)
4.29
4.14
3.12
3.33
3.54
2.27
2.63
- -
2.02
- -
2.1
- -
- -
- -
Return on Capital (%)
9.56
8.85
7.16
6.41
15.69
9.12
3.94
- -
2.87
- -
0.68
- -
- -
- -
Return on Common Equity (%)
9.78
9.01
7.27
6.48
15.9
9.2
3.96
-2.36
2.88
-1.59
0.67
-5.22
-1.99
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
77
83
19
LT Borrowings
- -
- -
- -
LT Finance Leases
19
10
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
290
289
288
Market Capitalization
3,475
3,563
4,010

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
4,426
4,943
4,867
Cash, Cash Equivalents & STI
4,232
4,726
4,732
Accounts Receivable, Net
11
10
10
Inventories
71
68
66
Total Current Liabilities
405
545
349
Payables & Accruals
- -
- -
- -
ST Debt
77
83
19
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.21%
-2.94%
-2.18%
Free Cash Flow
-223.85%
-454%
1,054.15%
Net Income, GAAP
-151.46%
-285.14%
-64.04%
Sales/Revenue/Turnover
-7.46%
-6.33%
-9.96%
Total Cash Common Dividend
14.7%
21.47%
4.06%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,056
2024
- -
- -
946
2025
- -
- -
852

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.42
2024
- -
- -
-3.17
2025
- -
- -
-1.14

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1.09
2024
- -
- -
0.92
2025
- -
- -
0.96

Company Description

Company Profile APIChatGPT
CEO
Chi Hang Kwok
Full Time Employees
499
Sector
Retail trade
Industry
Department stores
Address
Wing On Centre Hong Kong Hong Kong
IPO Date
Dec 24, 1991
Website
wingon.hk
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Business
Wing On Company International Limited (0289.HK) operates department stores in Hong Kong and invests in commercial properties in Hong Kong, Australia and the United States. The company, founded in 1907 and listed on the Hong Kong Stock Exchange since 1991, maintains its principal office at Wing On Centre in Central, Hong Kong, and functions as a subsidiary of Wing On International Holdings Limited. Its department stores, including the Main Store on Des Voeux Road Central, wing on Plus on Nathan Road and Tsimshatsui East Store on Mody Road, offer electrical appliances, kitchen and dining products, bedding and bath items, home sundries, groceries, personal care, travel and accessories, children and babies products, toys, men's wear, women's wear, activewear, shoes and handbags, umbrellas and cosmetics, with online sales channels; the property investment segment leases commercial premises and provides securities trading, property management and computer services. In 2025, the company completed renovation of its wing on Plus branch to enhance shopping experience and merchandise selection amid retail challenges, appointed Ms. Tsoi Siu Ting Annie as an independent non-executive director on 1 September and alternate directors on 1 January including Mr. Kwok Stuart Wing-ching, Mr. Kwok Wing Tai Dennis, Mr. Kwok Kendrick Wing-kay and Mr. Kwok Gareth Wing-sien, while conducting share repurchases and cancellations such as 2,000 shares on 2 September and 94,000 shares on 29 July.