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WH Group Limited

0288.HK

HKSEConsumer DefensivePackaged Foods

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Latest quote

HK$8.125

−HK$0.08 · -0.98%

Aug 24, 11:59 AM HKT

0288.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

WH Group Limited operates as an investment holding entity, primarily focused on the end-to-end production, wholesale, and retail sales of meat products. Its extensive operations cover key markets including China, the United States, Mexico, and various European nations. The company's business activities are organized into distinct segments: Packaged Meats, Pork, and an "Others" category. Beyond its core meat processing, the group manages hog farming and is involved in the slaughter, wholesale, and retail of both fresh and frozen pork. Diversifying its portfolio, WH Group also manufactures and sells packaging materials, offers logistics services, operates a chain of retail food stores, produces flavoring ingredients and natural casings, and distributes biological pharmaceutical materials. Additionally, the company engages in livestock breeding and slaughtering, alongside finance and property development ventures. Established in 1958, the company changed its name from Shuanghui International Holdings Limited to WH Group Limited in January 2014 and is headquartered in Kowloon, Hong Kong.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
HK
CEO
Lijun Guo
Listed since
Aug 5, 2014
Employees
106,000

Market position

Day range

Current HK$8.125

52-week range

Current HK$8.125

Open
HK$8.205
Previous close
HK$8.205
Volume
10.81M
0.28× average
Average volume
38.3M
Average daily volume
Market cap
104.25B HKD
Beta
0.24
Market reference 1
50-day average
HK$8.328
-2.44% below average
200-day average
HK$9.0821
-10.54% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
15.95B USD
P/E (TTM)
8.49×
P/B (TTM)
1.19×
P/S (TTM)
0.47×
EV / EBITDA
4.53×
Earnings yield
10.95%
Free cash flow yield
13.38%
Dividend yield
11.20%

Profitability & efficiency

Gross margin
20.23%
Operating margin
9.44%
Net margin
5.59%
Return on equity
14.01%
Return on assets
7.15%
Return on invested capital
10.92%

Financial health

Debt / equity
0.37×
Current ratio
1.9×
Altman Z-score
4.99
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends23%15%7%-0%Gross margin, FY2021: 16.64%Gross margin, FY2022: 18.40%Gross margin, FY2023: 13.17%Gross margin, FY2024: 20.72%Gross margin, FY2025: 20.23%Operating margin, FY2021: 5.58%Operating margin, FY2022: 5.73%Operating margin, FY2023: 1.47%Operating margin, FY2024: 9.08%Operating margin, FY2025: 9.44%Net margin, FY2021: 3.91%Net margin, FY2022: 4.87%Net margin, FY2023: 2.40%Net margin, FY2024: 6.21%Net margin, FY2025: 5.59%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.64%. Gross margin FY2022 18.40%. Gross margin FY2023 13.17%. Gross margin FY2024 20.72%. Gross margin FY2025 20.23%. Operating margin FY2021 5.58%. Operating margin FY2022 5.73%. Operating margin FY2023 1.47%. Operating margin FY2024 9.08%. Operating margin FY2025 9.44%. Net margin FY2021 3.91%. Net margin FY2022 4.87%. Net margin FY2023 2.40%. Net margin FY2024 6.21%. Net margin FY2025 5.59%.

Income trends

Revenue

28.03B USD+8.04%

Operating income

2.65B USD+12.31%

Net income

1.57B USD-2.79%
Income trends across reported periods30.91B USD19.81B USD8.71B USD−2.39B USDRevenue, FY2021: 27.29B USDRevenue, FY2022: 28.14B USDRevenue, FY2023: 26.24B USDRevenue, FY2024: 25.94B USDRevenue, FY2025: 28.03B USDOperating income, FY2021: 1.52B USDOperating income, FY2022: 1.61B USDOperating income, FY2023: 385M USDOperating income, FY2024: 2.36B USDOperating income, FY2025: 2.65B USDNet income, FY2021: 1.07B USDNet income, FY2022: 1.37B USDNet income, FY2023: 629M USDNet income, FY2024: 1.61B USDNet income, FY2025: 1.57B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 27.29B USD. Revenue FY2022 28.14B USD. Revenue FY2023 26.24B USD. Revenue FY2024 25.94B USD. Revenue FY2025 28.03B USD. Operating income FY2021 1.52B USD. Operating income FY2022 1.61B USD. Operating income FY2023 385M USD. Operating income FY2024 2.36B USD. Operating income FY2025 2.65B USD. Net income FY2021 1.07B USD. Net income FY2022 1.37B USD. Net income FY2023 629M USD. Net income FY2024 1.61B USD. Net income FY2025 1.57B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue28.03B USD25.94B USD26.24B USD28.14B USD27.29B USD
Cost of goods sold22.36B USD20.57B USD22.78B USD22.96B USD22.75B USD
Gross profit5.67B USD5.37B USD3.46B USD5.18B USD4.54B USD
Research and development238M USD173M USD204M USD182M USD179M USD
Selling, general, and administrative2.79B USD2.85B USD2.87B USD2.92B USD2.84B USD
Operating expenses3.02B USD2.78B USD3.07B USD2.96B USD3.02B USD
Interest income81M USD32M USD45M USD37M USD30M USD
Interest expense146.22M USD143M USD165M USD165M USD134M USD
Depreciation and amortization635M USD632M USD779M USD800M USD549M USD
Operating income2.65B USD2.36B USD385M USD1.61B USD1.52B USD
Net income1.57B USD1.61B USD629M USD1.37B USD1.07B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
63%
5 beats, 3 misses, 0 met estimates
Average EPS surprise
+2.24%
8 comparable reports
Latest EPS result
0.55
Estimate 0.47 · Beat by 16.62%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.590.430.270.11Q2 '23BeatQ1 '24MissQ3 '24No estimateQ4 '24No estimateQ3 '25BeatQ1 '26BeatQ3 '26EstimateQ1 '27Estimate
Q2 2023, reported Jun 30, 2023: actual 0.257, estimate 0.157, surprise +63.58%, Beat. Q1 2024, reported Mar 26, 2024: actual 0.127, estimate 0.312, surprise -59.25%, Miss. Q3 2024, reported Aug 13, 2024: actual 0.476, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual 0.501, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual 0.481, estimate 0.47, surprise +2.34%, Beat. Q1 2026, reported Mar 24, 2026: actual 0.548, estimate 0.47, surprise +16.62%, Beat. Q3 2026, reported Aug 12, 2026: actual —, estimate 0.391, surprise —, Comparison unavailable. Q1 2027, reported Mar 30, 2027: actual —, estimate 0.313, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates122.78B112.28B101.79B91.29BQ2 '23MissQ1 '24MissQ3 '24MissQ4 '24BeatQ3 '25BeatQ1 '26MissQ3 '26BeatQ1 '27Estimate
Q2 2023, reported Jun 30, 2023: actual 102.77B HKD, estimate 109.33B HKD, surprise -6.00%, Miss. Q1 2024, reported Mar 26, 2024: actual 102.48B HKD, estimate 107.62B HKD, surprise -4.78%, Miss. Q3 2024, reported Aug 13, 2024: actual 96.01B HKD, estimate 98.09B HKD, surprise -2.13%, Miss. Q4 2024, reported Dec 31, 2024: actual 106.01B HKD, estimate 103.9B HKD, surprise +2.03%, Beat. Q3 2025, reported Aug 12, 2025: actual 105.08B HKD, estimate 103.58B HKD, surprise +1.45%, Beat. Q1 2026, reported Mar 24, 2026: actual 114.6B HKD, estimate 114.99B HKD, surprise -0.34%, Miss. Q3 2026, reported Aug 12, 2026: actual 109.78B HKD, estimate 109.77B HKD, surprise +0.01%, Beat. Q1 2027, reported Mar 30, 2027: actual —, estimate 118.06B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$1.0967

2025 complete year+526.7% since 2021

2026 partial: HK$0.41

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 13, 2026

HK$0.41

Semi-Annual

Record May 14, 2026 · Payment May 29, 2026

Dividend

Ex-dividend Oct 6, 2025

HK$0.30

Special

Record Oct 8, 2025 · Payment Oct 22, 2025

Dividend

Ex-dividend Aug 25, 2025

HK$0.20

Semi-Annual

Record Aug 26, 2025 · Payment Sep 30, 2025

Dividend

Ex-dividend May 14, 2025

HK$0.40

Semi-Annual

Record May 15, 2025 · Payment May 29, 2025

Dividend

Ex-dividend Mar 13, 2025

HK$0.18

Special

Record Mar 14, 2025 · Payment Mar 28, 2025

Dividend

Ex-dividend Feb 18, 2025

HK$0.0167

Special

Record Feb 19, 2025 · Payment Apr 8, 2025

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ETFs holding 0288.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
124.29M
Weight
0.02%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Global X Hang Seng High Dividend Yield ETF (HKD) logoGlobal X Hang Seng High Dividend Yield ETF (HKD)3110.HK
Market value
122.22M
Weight
2.08%
AUM
5.93B HKD
Expense ratio
0.68%
Price / 1D
HK$31.78-0.50%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
82.4M
Weight
0.03%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
63.14M
Weight
0.03%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.85+0.86%
Dimensional - International Value ETF logoDimensional - International Value ETFDFIV
Market value
42.56M
Weight
0.19%
AUM
22.06B USD
Expense ratio
0.27%
Price / 1D
$58.31+0.88%
Fidelity Enhanced International ETF logoFidelity Enhanced International ETFFENI
Market value
33.78M
Weight
0.30%
AUM
10.96B USD
Expense ratio
0.28%
Price / 1D
$41.72+0.77%
State Street SPDR S&P Emerging Markets Dividend ETF logoState Street SPDR S&P Emerging Markets Dividend ETFEDIV
Market value
32.68M
Weight
2.66%
AUM
1.23B USD
Expense ratio
0.49%
Price / 1D
$42.16+0.52%
iShares MSCI EAFE ETF logoiShares MSCI EAFE ETFEFA
Market value
29.97M
Weight
0.04%
AUM
79.94B USD
Expense ratio
0.32%
Price / 1D
$108.24+0.83%

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