Yik Wo International Holdings Limited

Yik Wo International Holdings Limited

YIKWF
Yik Wo International Holdings LimitedUS flagOther OTC
0.02
USD
- -
- -
17.22MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.28
0.32
0.35
0.45
0.44
0.41
0.43
- -
0.43
Basic EPS, GAAP
0.04
0.04
0.03
0.04
0.06
0.05
0.04
- -
0.04
Free Cash Flow per Basic Share
0.03
0.02
0.03
0.02
0.06
0.02
0.06
- -
- -
Dividend per Share
- -
0.01
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.03
0.03
- -
0.01
0.16
0.18
0.2
- -
0.2
Tangible Book Value per Share
0.11
0.12
0.12
0.24
0.27
0.32
0.34
- -
0.34
Basic Weighted Avg Shares
600
600
600
520
600
694
748
- -
748
Sales/Revenue/Turnover
166
192
213
233
263
287
323
310
323
Operating Margin (%)
18.25
16.08
13.8
13.99
18.2
16.44
13.58
15.52
13.58
Depreciation Expense
3
5
8
9
12
16
18
16
- -
Net Income, GAAP
23
22
21
21
35
34
28
27
28
Effective Tax Rate (%)
25.34
27.16
28.87
36.21
26.4
28.72
34.29
33.58
34.29
Profit Margin (%)
13.64
11.65
9.63
8.9
13.41
11.76
8.53
8.78
8.53
Working Capital
51
47
48
83
121
171
210
248
210
LT Debt
- -
- -
4
3
2
2
4
2
4
Total Equity
64
81
79
130
165
234
261
288
261
Return on Invested Capital (%)
- -
30.18
24.62
18.64
22.62
16.19
11.16
11.16
11.16
Return on Capital (%)
- -
101
143.88
296.89
64.81
29.59
19.21
16.01
19.21
Return on Common Equity (%)
- -
112.07
204.99
766.19
69.5
30.33
19.76
16.42
19.76

Capital Structure

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
2
- -
2
LT Borrowings
- -
- -
- -
LT Finance Leases
2
- -
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
748
- -
748
Market Capitalization
121
- -
- -

Working Capital

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
208
- -
259
Cash, Cash Equivalents & STI
125
- -
190
Accounts Receivable, Net
62
- -
59
Inventories
10
- -
9
Total Current Liabilities
45
- -
48
Payables & Accruals
- -
- -
- -
ST Debt
2
- -
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
31.12%
10.44%
Free Cash Flow
- -
75.96%
-11.62%
Net Income, GAAP
- -
9.44%
-1.32%
Sales/Revenue/Turnover
- -
7.99%
-4.17%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
53
76
74
85
287
2023
60
88
88
88
323
2024
- -
- -
- -
- -
310

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.01
0.01
0.01
- -
0.05
2023
0.01
0.01
0.01
- -
0.04
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Liping Xu
Full Time Employees
177
Sector
Consumer Cyclical
Industry
Packaging & Containers
Address
Lladro Centre Kwun Tong Hong Kong
IPO Date
Jun 15, 2021
Website
yikwo.cn
Business
Yik Wo International Holdings Limited Yik Wo International Holdings Limited (8659.HK), an investment holding company incorporated in the Cayman Islands in 2011 and headquartered in Jinjiang, Fujian Province, People's Republic of China, principally engages in the design, development, manufacture and sale of disposable plastic food storage containers under the JAZZIT brand; it also operates a mobile app and e-commerce platform for daily necessities, beauty and skin care products, household appliances, domestic special agricultural products and other household goods. The company's core products encompass round, oval, rectangular and cubic box series; multi-compartment bento box series; cup series; and removable tray series, with annual production capacity of approximately 14,585 tons across facilities totaling 11,124.3 square meters; it sells domestically across provinces including Fujian, Guangdong, Zhejiang, Shaanxi, Hebei and Henan, and internationally. Yik Wo holds 41 registered patents, nationwide industrial product production licenses, environmental management system certification and quality management system certification; according to Frost & Sullivan, it ranked as China's fourth-largest disposable plastic lunch box producer by sales in 2019. In recent developments, Yik Wo completed the acquisition of June Pictures & Media Limited in April 2022 for RMB20.6 million to enter the film investment sector amid rebounding PRC entertainment demand post-COVID; it acquired Beijing Youpinhui Trading Co., Ltd. (via Youpinhui Enterprise Limited) in June 2022 for HK$18.5 million, launching the Yihe Tianxia e-commerce app in July 2022, which contributed to e-commerce revenue growth; in May 2023, it adjusted its joint venture Beijing Yihe Tianxia Network Technology Co., Ltd. shareholding to 50% under PRC foreign ownership restrictions for value-added telecom services. The company appointed Lui Mei Ka as company secretary and authorised representative effective April 12, 2024, replacing Kwong Oi Man Patty; it submitted a formal application on May 9, 2024, under Chapter 9B of the Main Board Listing Rules for transfer from GEM to the Main Board of the Hong Kong Stock Exchange, following a lapsed prior attempt in 2023. For the six months ended June 30, 2024, revenue rose 5.8% year-over-year to RMB155.8 million, driven by higher disposable container and e-commerce sales, with profit surging 72.3% to RMB18.8 million; as of that date, it employed 202 staff with no borrowings and net current assets of RMB233.7 million.