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    Department stores
Wing On Co. International Ltd.

Wing On Co. International Ltd.

HHKEX:289
12.66
HKD
-0.02
(-0.16%)
4.01BMarket Cap
Wing On Co. International Ltd.
HKEX:289
(Hong Kong Exchange)

Recent

price

12.66

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
HKD
5.33
5.97
6.32
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
- -
Revenue per Share
4.66
6.79
5.18
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
- -
Basic EPS, GAAP
1.29
1.66
1.82
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
- -
Free Cash Flow per Basic Share
0.7
0.92
0.96
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
- -
Dividend per Share
33.8
39.98
44.27
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
Book Value per Share
33.8
39.97
44.27
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
Tangible Book Value per Share
295
295
295
295
295
295
295
294
294
293
292
292
291
291
290
289
289
Basic Weighted Avg Shares
1,573
1,764
1,868
1,929
1,965
1,872
1,722
1,489
1,463
1,371
1,188
1,129
1,041
1,056
946
852
- -
Sales/Revenue/Turnover
35.96
31.27
31.83
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
- -
Operating Margin (%)
54
55
54
51
49
50
55
55
62
89
93
89
87
89
80
77
- -
Depreciation Expense
1,376
2,006
1,529
1,313
1,275
1,069
987
2,657
1,698
766
-456
552
-301
123
-919
-330
- -
Net Income, GAAP
16.57
6.59
7.99
9.84
12.67
15.61
12.89
7.33
8.54
20.32
- -
18.85
- -
31.23
- -
- -
- -
Effective Tax Rate (%)
87.48
113.71
81.9
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
- -
Profit Margin (%)
1,017
1,690
1,940
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
Working Capital
- -
504
460
- -
282
215
- -
154
104
1
75
20
1
37
19
- -
- -
LT Debt
9,999
11,824
13,093
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
Total Equity
4.93
4.49
5.02
4.29
4.14
3.12
3.33
3.54
2.27
2.63
- -
2.02
- -
2.1
- -
- -
- -
Return on Invested Capital (%)
14.74
17.74
11.97
9.56
8.85
7.16
6.41
15.69
9.12
3.94
- -
2.87
- -
0.68
- -
- -
- -
Return on Capital (%)
15.49
18.41
12.3
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
- -
Return on Common Equity (%)

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
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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.