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Wing Tai Properties Limited logo

Wing Tai Properties Limited

0369.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$1.90

−HK$0.04 · -2.06%

Aug 24, 3:46 PM HKT

0369.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Wing Tai Properties Limited is a diversified investment holding company, primarily focused on the acquisition, development, and administration of real estate assets. The firm's operations span a wide international footprint, covering significant markets such as Hong Kong, the United Kingdom, mainland China, and Singapore. Its business is structured into several distinct segments: Property Development, Property Investment and Management, Hospitality Investment and Management, and an 'Others' category. Within its property endeavors, the company actively develops and oversees both residential and commercial projects. Furthermore, its extensive portfolio of investment properties includes commercial spaces, industrial facilities, residential units, and serviced apartments. Beyond its core real estate activities, Wing Tai Properties also engages in various supplementary ventures. These encompass hospitality management, treasury investments, licensing, financing initiatives, and property agency services. The company was formerly known as USI Holdings Limited, changing its name to Wing Tai Properties Limited in 2010. Its corporate headquarters are situated in Kwun Tong, Hong Kong.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
HK
CEO
Michael Hamilton Hobson
Listed since
Feb 7, 1973
Employees
480

Market position

Day range

Current HK$1.90

52-week range

Current HK$1.90

Open
HK$1.88
Previous close
HK$1.94
Volume
12K
0.3× average
Average volume
39.35K
Average daily volume
Market cap
2.61B HKD
Beta
0.35
Market reference 1
50-day average
HK$1.9794
-4.01% below average
200-day average
HK$2.024
-6.12% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
8.56B HKD
P/E (TTM)
-4.13×
P/B (TTM)
0.13×
P/S (TTM)
2.49×
EV / EBITDA
48.5×
Earnings yield
-71.59%
Free cash flow yield
-11.22%
Dividend yield
3.16%

Profitability & efficiency

Gross margin
48.63%
Operating margin
-48.83%
Net margin
-52.77%
Return on equity
-8.23%
Return on assets
-5.55%
Return on invested capital
-5.34%

Financial health

Debt / equity
0.42×
Current ratio
5.23×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends109%-19%-146%-274%Gross margin, FY2021: 39.13%Gross margin, FY2022: 38.28%Gross margin, FY2023: 77.14%Gross margin, FY2024: 61.60%Gross margin, FY2025: 53.05%Operating margin, FY2021: 26.29%Operating margin, FY2022: -0.51%Operating margin, FY2023: -52.30%Operating margin, FY2024: -184.30%Operating margin, FY2025: -163.51%Net margin, FY2021: 26.87%Net margin, FY2022: -11.58%Net margin, FY2023: -93.45%Net margin, FY2024: -241.80%Net margin, FY2025: -169.95%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 39.13%. Gross margin FY2022 38.28%. Gross margin FY2023 77.14%. Gross margin FY2024 61.60%. Gross margin FY2025 53.05%. Operating margin FY2021 26.29%. Operating margin FY2022 -0.51%. Operating margin FY2023 -52.30%. Operating margin FY2024 -184.30%. Operating margin FY2025 -163.51%. Net margin FY2021 26.87%. Net margin FY2022 -11.58%. Net margin FY2023 -93.45%. Net margin FY2024 -241.80%. Net margin FY2025 -169.95%.

Income trends

Revenue

968.8M HKD-6.04%

Operating income

−1.58B HKD+16.64%

Net income

−1.65B HKD+33.96%
Income trends across reported periods4.77B HKD2.13B HKD−512.72M HKD−3.15B HKDRevenue, FY2021: 3.42B HKDRevenue, FY2022: 4.11B HKDRevenue, FY2023: 882.4M HKDRevenue, FY2024: 1.03B HKDRevenue, FY2025: 968.8M HKDOperating income, FY2021: 899.8M HKDOperating income, FY2022: −20.9M HKDOperating income, FY2023: −461.5M HKDOperating income, FY2024: −1.9B HKDOperating income, FY2025: −1.58B HKDNet income, FY2021: 919.9M HKDNet income, FY2022: −475.7M HKDNet income, FY2023: −824.6M HKDNet income, FY2024: −2.49B HKDNet income, FY2025: −1.65B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.42B HKD. Revenue FY2022 4.11B HKD. Revenue FY2023 882.4M HKD. Revenue FY2024 1.03B HKD. Revenue FY2025 968.8M HKD. Operating income FY2021 899.8M HKD. Operating income FY2022 −20.9M HKD. Operating income FY2023 −461.5M HKD. Operating income FY2024 −1.9B HKD. Operating income FY2025 −1.58B HKD. Net income FY2021 919.9M HKD. Net income FY2022 −475.7M HKD. Net income FY2023 −824.6M HKD. Net income FY2024 −2.49B HKD. Net income FY2025 −1.65B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue968.8M HKD1.03B HKD882.4M HKD4.11B HKD3.42B HKD
Cost of goods sold454.9M HKD395.9M HKD201.7M HKD2.52B HKD2.08B HKD
Gross profit513.9M HKD635.2M HKD680.7M HKD1.57B HKD1.34B HKD
Selling, general, and administrative377.6M HKD421.2M HKD376.4M HKD504.4M HKD476.5M HKD
Operating expenses2.1B HKD2.54B HKD1.14B HKD1.59B HKD439.8M HKD
Interest income112.4M HKD158.1M HKD140M HKD34.1M HKD13.6M HKD
Interest expense140.9M HKD208.9M HKD204M HKD116.8M HKD112.7M HKD
Depreciation and amortization5.1M HKD6.3M HKD4.4M HKD8.7M HKD16.7M HKD
Operating income−1.58B HKD−1.9B HKD−461.5M HKD−20.9M HKD899.8M HKD
Net income−1.65B HKD−2.49B HKD−824.6M HKD−475.7M HKD919.9M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.07

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.06-0.39-0.73-1.06Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26Q3 '26
Q1 2023, reported Mar 23, 2023: actual -0.67, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 24, 2023: actual -0.28, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 21, 2024: actual -0.38, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 26, 2024: actual -0.99, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.9, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual -0.87, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 27, 2026: actual -0.39, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 21, 2026: actual -0.07, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.47B2.43B1.39B349.61MQ1 '23BeatQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimateQ3 '26No estimate
Q1 2023, reported Mar 23, 2023: actual 3.24B HKD, estimate 1.39B HKD, surprise +132.71%, Beat. Q3 2023, reported Aug 24, 2023: actual 477.3M HKD, estimate 980M HKD, surprise -51.30%, Miss. Q1 2024, reported Mar 21, 2024: actual 411.3M HKD, estimate 980M HKD, surprise -58.03%, Miss. Q3 2024, reported Aug 26, 2024: actual 560.3M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 470.8M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual 442M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 27, 2026: actual 526.8M HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 21, 2026: actual 517.46M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Nov 23, 2009

547:500

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ETFs holding 0369.HK

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

Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
25.24K
Weight
0.00%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$37.935-0.59%

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