Wing On Company International Limited logo

Wing On Company International Limited

0289.HK

HKSEConsumer CyclicalDepartment Stores

Latest quote

HK$13.30

+HK$0.25 · +1.92%

Aug 24, 4:08 PM HKT

0289.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Wing On Company International Limited conducts its main business through department store operations across Hong Kong, mainland China, Australia, and the United States. The company's activities are broadly categorized into two principal divisions: retail department stores and property investment. Its department stores provide a wide range of merchandise, including electronics, kitchen and dining essentials, bedding and bath items, groceries, toys, products for children and babies, menswear, womenswear, activewear, various home sundries, footwear and handbags, personal care products, travel accessories, and cosmetics. Furthermore, Wing On Company is involved in leasing commercial properties, with its holdings located in Hong Kong, Australia, and the United States. The company also offers diversified services, which encompass securities trading, property management, and computer services. It possesses various trademarks and acts as a trustee for investment trusts. Customers can also purchase the company's products through its online channels. Founded in 1907, the company is based in Central, Hong Kong, and operates as a subsidiary of Wing On International Holdings Limited.

Industry
Department Stores
Sector
Consumer Cyclical
Headquarters
HK
CEO
Chi Hang Kwok
Listed since
Dec 23, 1991
Employees
499

Market position

Day range

Current HK$13.30

52-week range

Current HK$13.30

Open
HK$13.24
Previous close
HK$13.05
Volume
42K
1.94× average
Average volume
21.71K
Average daily volume
Market cap
3.83B HKD
Beta
0.34
Market reference 1
50-day average
HK$13.4088
-0.81% below average
200-day average
HK$13.9967
-4.98% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.86B HKD
P/E (TTM)
-11.67×
P/B (TTM)
0.23×
P/S (TTM)
4.5×
EV / EBITDA
9.8×
Earnings yield
-8.22%
Free cash flow yield
4.55%
Dividend yield
8.80%

Profitability & efficiency

Gross margin
55.81%
Operating margin
48.79%
Net margin
-38.79%
Return on equity
-2.01%
Return on assets
-1.87%
Return on invested capital
0.80%

Financial health

Debt / equity
Current ratio
13.94×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends82%17%-48%-113%Gross margin, FY2021: 65.38%Gross margin, FY2022: 64.15%Gross margin, FY2023: 62.72%Gross margin, FY2024: 61.14%Gross margin, FY2025: 52.85%Operating margin, FY2021: 42.67%Operating margin, FY2022: 16.39%Operating margin, FY2023: 53.46%Operating margin, FY2024: 55.03%Operating margin, FY2025: 16.36%Net margin, FY2021: 48.92%Net margin, FY2022: -28.91%Net margin, FY2023: 11.68%Net margin, FY2024: -97.13%Net margin, FY2025: -38.79%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 65.38%. Gross margin FY2022 64.15%. Gross margin FY2023 62.72%. Gross margin FY2024 61.14%. Gross margin FY2025 52.85%. Operating margin FY2021 42.67%. Operating margin FY2022 16.39%. Operating margin FY2023 53.46%. Operating margin FY2024 55.03%. Operating margin FY2025 16.36%. Net margin FY2021 48.92%. Net margin FY2022 -28.91%. Net margin FY2023 11.68%. Net margin FY2024 -97.13%. Net margin FY2025 -38.79%.

Income trends

Revenue

851.97M HKD-9.96%

Operating income

139.41M HKD-73.23%

Net income

−330.5M HKD+64.04%
Income trends across reported periods1.33B HKD514.76M HKD−304.59M HKD−1.12B HKDRevenue, FY2021: 1.13B HKDRevenue, FY2022: 1.04B HKDRevenue, FY2023: 1.06B HKDRevenue, FY2024: 946.23M HKDRevenue, FY2025: 851.97M HKDOperating income, FY2021: 481.87M HKDOperating income, FY2022: 170.62M HKDOperating income, FY2023: 564.59M HKDOperating income, FY2024: 520.73M HKDOperating income, FY2025: 139.41M HKDNet income, FY2021: 552.5M HKDNet income, FY2022: −300.95M HKDNet income, FY2023: 123.36M HKDNet income, FY2024: −919.11M HKDNet income, FY2025: −330.5M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.13B HKD. Revenue FY2022 1.04B HKD. Revenue FY2023 1.06B HKD. Revenue FY2024 946.23M HKD. Revenue FY2025 851.97M HKD. Operating income FY2021 481.87M HKD. Operating income FY2022 170.62M HKD. Operating income FY2023 564.59M HKD. Operating income FY2024 520.73M HKD. Operating income FY2025 139.41M HKD. Net income FY2021 552.5M HKD. Net income FY2022 −300.95M HKD. Net income FY2023 123.36M HKD. Net income FY2024 −919.11M HKD. Net income FY2025 −330.5M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue851.97M HKD946.23M HKD1.06B HKD1.04B HKD1.13B HKD
Cost of goods sold401.67M HKD367.74M HKD393.77M HKD373.2M HKD390.92M HKD
Gross profit450.3M HKD578.49M HKD662.43M HKD667.82M HKD738.36M HKD
Selling, general, and administrative315.74M HKD10.07M HKD11.13M HKD11.78M HKD308.63M HKD
Operating expenses310.89M HKD57.76M HKD97.84M HKD497.21M HKD256.49M HKD
Interest income83.74M HKD104.88M HKD105.89M HKD41.53M HKD14.41M HKD
Interest expense2.28M HKD3.4M HKD483K HKD1.07M HKD2.07M HKD
Depreciation and amortization50.64M HKD51.02M HKD54.66M HKD58.56M HKD59.64M HKD
Operating income139.41M HKD520.73M HKD564.59M HKD170.62M HKD481.87M HKD
Net income−330.5M HKD−919.11M HKD123.36M HKD−300.95M HKD552.5M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-2.34

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.670.23-1.2-2.64Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 1.37, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.525, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual -0.365, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual -0.668, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 0.943, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual -0.519, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual -0.825, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual -2.34, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates591.1M540.04M488.98M437.92MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 560.92M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 568.36M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual 500.08M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 540.95M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 530.84M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 525.36M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 485.58M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 460.66M HKD, estimate —, surprise —, Comparison unavailable.

0289.HK peers

Continue in GoAI

Research 0289.HK

research.disclaimer