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Winox Holdings Limited

Winox Holdings Limited

HHKEX:6838
0.39
HKD
-0.01
(-2.53%)
162.00MMarket Cap
Winox Holdings Limited
HKEX:6838
(Hong Kong Exchange)

Recent

price

0.39

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
0.89
1
1.06
0.91
0.91
1.2
0.96
1.49
1.88
2.02
1.98
2.31
1.92
1.29
1.14
0.89
- -
Revenue per Share
0.2
0.22
0.18
0.08
0.08
0.13
0.08
0.19
0.26
0.23
0.16
0.16
0.19
0.11
-0.03
-0.1
- -
Basic EPS, GAAP
-0.02
0.06
0.12
-0.03
0.06
0.11
0.06
0.16
0.22
-0.11
0.13
-0.21
0.5
0.35
-0.06
0.11
- -
Free Cash Flow per Basic Share
0.06
0.04
0.11
0.09
0.03
0.04
0.05
0.08
0.11
0.11
0.03
0.03
0.04
0.07
0.03
- -
- -
Dividend per Share
0.3
0.74
0.84
0.85
0.88
0.93
0.91
1.08
1.17
1.27
1.5
1.67
1.69
1.68
1.57
1.54
1.54
Book Value per Share
0.26
0.7
0.84
0.85
0.88
0.93
0.91
0.99
1.08
1.23
1.46
1.63
1.65
1.65
1.54
1.54
1.54
Tangible Book Value per Share
450
518
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
Basic Weighted Avg Shares
399
519
635
546
544
721
574
891
1,129
1,210
1,187
1,385
1,150
775
682
533
- -
Sales/Revenue/Turnover
28.39
26.99
20.73
11.1
11.91
13.99
10.53
16.69
15.46
13.78
10.96
8.52
11.12
9.06
-3.52
-10.65
- -
Operating Margin (%)
7
9
15
22
25
31
33
34
39
43
56
66
71
60
56
54
- -
Depreciation Expense
91
113
110
46
46
81
49
116
154
138
96
94
112
64
-20
-61
- -
Net Income, GAAP
15.95
17
15.35
18.7
20.83
19.19
17.48
16.87
13.48
17.9
12.36
10.76
11.41
10.16
- -
- -
- -
Effective Tax Rate (%)
22.82
21.73
17.25
8.48
8.4
11.2
8.48
13.06
13.66
11.43
8.09
6.82
9.78
8.23
-2.98
-11.53
- -
Profit Margin (%)
3
265
218
156
172
168
181
223
270
235
269
306
365
381
297
254
254
Working Capital
- -
26
- -
23
58
28
23
- -
- -
3
3
4
3
3
2
3
3
LT Debt
136
442
505
511
529
559
548
651
704
760
900
1,001
1,012
1,009
943
925
925
Total Equity
- -
28.28
18.81
7.41
7.84
11.86
7.07
17.16
19.25
16.27
12.26
8.9
9.45
5.61
- -
- -
- -
Return on Invested Capital (%)
- -
28.74
19.33
7.88
7.58
12.49
7.83
17.24
21.14
17.65
11.02
8.79
9.78
6.15
- -
- -
- -
Return on Capital (%)
- -
39.09
23.16
9.13
8.78
14.83
8.8
19.43
22.74
18.9
11.57
9.93
11.17
6.31
-2.08
-6.58
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
69
76
19
LT Borrowings
- -
- -
- -
LT Finance Leases
2
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
600
600
600
Market Capitalization
225
149
162

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
522
494
341
Cash, Cash Equivalents & STI
222
200
197
Accounts Receivable, Net
166
113
73
Inventories
64
75
35
Total Current Liabilities
225
205
86
Payables & Accruals
- -
- -
- -
ST Debt
69
76
19
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.49%
0.72%
-1.85%
Free Cash Flow
-125.14%
-205.87%
-286.22%
Net Income, GAAP
13.55%
8.9%
202.41%
Sales/Revenue/Turnover
0.01%
-13.35%
-21.76%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
775
2024
- -
- -
682
2025
- -
- -
533

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.11
2024
- -
- -
-0.03
2025
- -
- -
-0.1

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.07
2024
- -
- -
0.03
2025
- -
- -
- -
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Business
Winox Holdings Limited is principally engaged in the development and manufacture of stainless steel products, including watch bracelets, mobile phone cases and parts, smart wearable cases and parts, fashion accessories, and other stainless steel items. The company provides these products primarily on an original equipment manufacturer (OEM) basis to internationally recognized brands, particularly in Switzerland, Europe, and other global markets. Winox offers a comprehensive product development and manufacturing solution, emphasizing reliable quality standards, flexible design capabilities, competitive pricing, and on-time delivery. The company operates manufacturing facilities in the People's Republic of China and maintains its headquarters in Yau Tong, Hong Kong. Founded in 1999, Winox serves diverse geographic markets including China, Hong Kong, Switzerland, Liechtenstein, Taiwan, and Vietnam. Recent major developments include strategic measures focused on operational efficiency and sustainable profitability amid challenging market conditions in 2024. The company reported a significant profit warning and has adjusted resource allocation to strengthen financial stability. Winox is also continuing efforts to diversify its product portfolio and investment holdings, including reinvestments in equity securities across Japan and the UK, aiming to enhance its investment portfolio diversification and returns. Operationally, key updates include a change of address of its head office and ongoing connected lease transactions in 2025. The company remains focused on expanding its customer base through product diversification, innovation in stainless steel manufacturing techniques, and enhancing its supply chain management to maintain long-term relationships with high-profile international clients. Winox Holdings Limited also engages in management and administration services and property holding activities as part of its business segments. It is a subsidiary of Ming Fung Investment Limited. The company emphasizes sustainable development practices, including environmentally friendly waste disposal and recycling of stainless steel residues, supported by compliance with local environmental regulations in its production facilities. Winox's strategic focus is on growing revenue while ensuring consistent and sustainable profitability through optimized resource use and operational efficiencies across its manufacturing and investment divisions.