WLS Holdings Ltd

WLS Holdings Ltd

HHKEX:8021
0.12
HKD
+0.00
(-3.15%)
-0.27EPS
445.38MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.19
0.62
0.77
0.58
0.47
0.5
0.39
0.42
0.53
0.41
0.23
0.22
0.27
0.3
Basic EPS, GAAP
-0.65
-0.04
-0.09
-0.05
-0.34
-0.14
-0.3
-0.05
-0.03
-0.31
-0.03
-0.02
0.26
-0.29
Free Cash Flow per Basic Share
-0.35
-0.05
-2.03
-0.21
-0.33
0.07
-0.05
-0.15
-0.13
-0.02
-0.05
0.01
0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
7.2
2.22
2.51
2.46
2.02
1.8
1.5
1.45
1.42
1.1
1.07
1.05
1.31
1.07
Tangible Book Value per Share
7.2
2.22
2.51
2.46
1.84
1.7
1.5
1.45
1.42
1.1
1.07
1.05
1.31
1.07
Basic Weighted Avg Shares
94
221
202
319
324
359
359
359
359
359
359
359
359
359
Sales/Revenue/Turnover
112
137
155
186
152
180
140
150
189
146
82
79
99
107
Operating Margin (%)
-58.29
-7.32
-5.73
-12.45
-13.26
10.67
10.58
19.55
12.03
13.89
39.45
43.89
46.6
28.69
Depreciation Expense
5
6
10
10
9
7
8
6
6
4
1
2
2
- -
Net Income, GAAP
-61
-10
-18
-16
-110
-52
-109
-17
-11
-112
-11
-7
95
-103
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-54.73
-7.07
-11.71
-8.59
-72.15
-28.91
-78.05
-11.25
-5.72
-77
-13.53
-8.65
96.02
-95.79
Working Capital
16
147
656
600
272
111
130
215
242
360
137
356
431
373
LT Debt
- -
- -
1
56
1
1
4
- -
5
4
- -
- -
1
1
Total Equity
93
298
796
782
710
635
524
509
503
396
384
377
472
384
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-1.97
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
17.89
- -
Return on Common Equity (%)
-52.4
-5.06
-3.36
-2.01
-14.51
-7.56
-18.4
-3.19
-2.1
-24.82
-2.86
-1.8
22.28
-23.62

Capital Structure

HKD

•

in mil. unless spec.
Apr'23
Jul'24
Oct'24
ST Debt
122
- -
145
LT Borrowings
3
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
359
359
359
Market Capitalization
733
776
445

Working Capital

HKD

•

in mil. unless spec.
Apr'23
Jul'24
Oct'24
Total Current Assets
535
- -
566
Cash, Cash Equivalents & STI
64
- -
64
Accounts Receivable, Net
34
- -
41
Inventories
- -
- -
1
Total Current Liabilities
175
- -
193
Payables & Accruals
- -
- -
- -
ST Debt
122
- -
145
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.4%
-0.42%
25.07%
Free Cash Flow
-14.86%
-2.52%
47.18%
Net Income, GAAP
-15.97%
-141.61%
-1,482.27%
Sales/Revenue/Turnover
-1.52%
-3.98%
24.55%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
82
2025
- -
- -
79
2026
- -
- -
99

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.03
2025
- -
- -
-0.02
2026
- -
- -
0.26

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Wai Yan Yeung
Full Time Employees
43
Sector
Industrial services
Industry
Engineering & construction
Address
Tower A, Rooms 1001-1006 Hong Kong Hong Kong
IPO Date
Dec 7, 2001
Website
wls.com.hk
Business
WLS Holdings Limited operates primarily in the construction services industry, providing scaffolding, fitting out, and other auxiliary services for construction and building works in Hong Kong. Its core products and services include scaffolding services for public housing, private residential and commercial building construction, repair, maintenance and renovation works; false ceiling and fitting out services; glass fiber reinforced concrete (GFRC) and glass reinforced plastic (GRP) production; signages; artworks; and stamping services. The company also engages in money lending, securities investment, and asset management businesses. Founded in 1987, WLS Holdings is headquartered in Hong Kong and operates mainly within the Hong Kong market. In recent years, WLS Holdings has made strategic developments including forming partnerships and entering into cooperation agreements to expand its service offerings. The company announced a strategic cooperation agreement in early 2023 to enhance its market position in the scaffolding and construction-related services sector. It continues to maintain a leading position in Hong Kong's scaffolding market, supporting numerous large-scale construction projects including developments in public housing and commercial buildings. The group’s diversification into financial services alongside its core scaffolding and construction-related businesses marks a notable strategic expansion. Through subsidiaries, it manages assets and offers wealth management services, broadening its revenue base beyond its traditional construction market. This expansion has been supported by acquisitions such as the purchase of Blue Pool Ventures Limited in 2018, which bolstered its financial services capabilities. WLS Holdings Limited's integrated business model covers three operating segments: scaffolding, fitting out and ancillary construction services; money lending and securities investment; and asset management. Its main markets are within Hong Kong, where it supplies key construction materials and services essential for large development projects. The company trades on the Hong Kong Stock Exchange under the ticker 8021.HK. Overall, WLS Holdings Limited combines specialized construction scaffolding and finishing services with diversified financial services, positioning itself as a multifaceted group within Hong Kong's construction and finance sectors. Its recent strategic cooperation agreements and acquisitions reflect ongoing efforts to expand its service scope and strengthen market presence.