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Willas-Array Electronics (Holdings) Limited logo

Willas-Array Electronics (Holdings) Limited

0854.HK

HKSETechnologyTechnology Distributors

Open in GoAI

Latest quote

HK$5.66

+HK$0.07 · +1.25%

Aug 24, 3:49 PM HKT

0854.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Willas-Array Electronics (Holdings) Limited operates as an investment holding company primarily focused on the distribution and trading of electronic components. These components serve a wide range of industries, including industrial, audio and video, telecommunications, home appliances, lighting, electronic manufacturing, and automotive sectors. The company's product offerings include specialized items such as automotive parts, infotainment systems, Internet of Things (IoT) devices, motor control units, Switched-Mode Power Supplies (SMPS), and smart LED products. Beyond its core distribution activities, Willas-Array Electronics also engages in property ownership and provides various services, including transportation, engineering, and management and consultancy. The company's operations span the Northern China Region, Southern China Region, and Taiwan. Willas-Array Electronics (Holdings) Limited was founded in 1981 and has its headquarters situated in Kwai Chung, Hong Kong.

Industry
Technology Distributors
Sector
Technology
Headquarters
HK
CEO
Lishu Xie
Listed since
Dec 6, 2013
Employees
293

Market position

Day range

Current HK$5.66

52-week range

Current HK$5.66

Open
HK$5.68
Previous close
HK$5.59
Volume
4K
0.09× average
Average volume
42.18K
Average daily volume
Market cap
197.15M HKD
Beta
0.62
Market reference 1
50-day average
HK$5.375
+5.30% above average
200-day average
HK$5.5133
+2.66% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
996.07M HKD
P/E (TTM)
10.48×
P/B (TTM)
1.14×
P/S (TTM)
0.08×
EV / EBITDA
11.8×
Earnings yield
9.78%
Free cash flow yield
45.82%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
9.27%
Operating margin
2.60%
Net margin
2.16%
Return on equity
10.04%
Return on assets
3.75%
Return on invested capital
5.60%

Financial health

Debt / equity
1.16×
Current ratio
1.35×
Altman Z-score
2.43
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends11%5%-2%-8%Gross margin, FY2021: 9.77%Gross margin, FY2022: 8.89%Gross margin, FY2023: 3.77%Gross margin, FY2024: 3.97%Gross margin, FY2025: 9.27%Operating margin, FY2021: 3.55%Operating margin, FY2022: 2.15%Operating margin, FY2023: -3.86%Operating margin, FY2024: -2.68%Operating margin, FY2025: 2.60%Net margin, FY2021: 2.40%Net margin, FY2022: 0.09%Net margin, FY2023: -6.35%Net margin, FY2024: -3.61%Net margin, FY2025: 2.16%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 9.77%. Gross margin FY2022 8.89%. Gross margin FY2023 3.77%. Gross margin FY2024 3.97%. Gross margin FY2025 9.27%. Operating margin FY2021 3.55%. Operating margin FY2022 2.15%. Operating margin FY2023 -3.86%. Operating margin FY2024 -2.68%. Operating margin FY2025 2.60%. Net margin FY2021 2.40%. Net margin FY2022 0.09%. Net margin FY2023 -6.35%. Net margin FY2024 -3.61%. Net margin FY2025 2.16%.

Income trends

Revenue

2.36B HKD-0.74%

Operating income

61.33M HKD+125M HKD

Net income

50.96M HKD+136.84M HKD
Income trends across reported periods3.79B HKD2.35B HKD909.29M HKD−528.73M HKDRevenue, FY2021: 3.43B HKDRevenue, FY2022: 3.14B HKDRevenue, FY2023: 2.66B HKDRevenue, FY2024: 2.38B HKDRevenue, FY2025: 2.36B HKDOperating income, FY2021: 121.46M HKDOperating income, FY2022: 67.48M HKDOperating income, FY2023: −102.78M HKDOperating income, FY2024: −63.68M HKDOperating income, FY2025: 61.33M HKDNet income, FY2021: 82.19M HKDNet income, FY2022: 2.72M HKDNet income, FY2023: −169.22M HKDNet income, FY2024: −85.88M HKDNet income, FY2025: 50.96M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.43B HKD. Revenue FY2022 3.14B HKD. Revenue FY2023 2.66B HKD. Revenue FY2024 2.38B HKD. Revenue FY2025 2.36B HKD. Operating income FY2021 121.46M HKD. Operating income FY2022 67.48M HKD. Operating income FY2023 −102.78M HKD. Operating income FY2024 −63.68M HKD. Operating income FY2025 61.33M HKD. Net income FY2021 82.19M HKD. Net income FY2022 2.72M HKD. Net income FY2023 −169.22M HKD. Net income FY2024 −85.88M HKD. Net income FY2025 50.96M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue2.36B HKD2.38B HKD2.66B HKD3.14B HKD3.43B HKD
Cost of goods sold2.14B HKD2.28B HKD2.56B HKD2.86B HKD3.09B HKD
Gross profit218.52M HKD94.42M HKD100.4M HKD278.68M HKD334.79M HKD
Selling, general, and administrative157.19M HKD158.1M HKD194.18M HKD212.08M HKD217.94M HKD
Operating expenses157.19M HKD150.41M HKD203.18M HKD212.08M HKD213.33M HKD
Interest income——1.22M HKD3.48M HKD487K HKD
Interest expense27.89M HKD34.97M HKD52.6M HKD43.75M HKD17.29M HKD
Depreciation and amortization13.73M HKD15.52M HKD22.51M HKD23.68M HKD22.56M HKD
Operating income61.33M HKD−63.68M HKD−102.78M HKD67.48M HKD121.46M HKD
Net income50.96M HKD−85.88M HKD−169.22M HKD2.72M HKD82.19M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.6

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.70.2-0.31-0.81Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q2 '25Q2 '26Q3 '26
Q2 2024, reported Jun 21, 2024: actual -0.45, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Jul 26, 2024: actual -0.45, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 22, 2024: actual -0.709, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.045, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 21, 2025: actual 0.12, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 30, 2025: actual 0.118, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 3, 2026: actual 0.12, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 0.597, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.55B1.2B854.2M507.74MQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q2 '25Q2 '26Q3 '26
Q2 2024, reported Jun 21, 2024: actual 591.73M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Jul 26, 2024: actual 591.73M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 22, 2024: actual 1.19B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 639.07M HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 21, 2025: actual 579.42M HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 30, 2025: actual 579.42M HKD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 3, 2026: actual 579.42M HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 1.48B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.7141

2022 complete year+153.4% since 2017

Corporate action history

Dividend

Ex-dividend Sep 5, 2022

HK$0.7141

Special

Record Sep 6, 2022 · Payment Sep 21, 2022

Dividend

Ex-dividend Aug 9, 2021

HK$0.3451

Irregular

Record Aug 10, 2021 · Payment Aug 27, 2021

Dividend

Ex-dividend Aug 6, 2021

HK$0.33

Annual

Record Aug 10, 2021 · Payment Aug 27, 2021

Dividend

Ex-dividend Aug 7, 2019

HK$0.20

Irregular

Dividend

Ex-dividend Aug 6, 2019

HK$0.20

Annual

Record Aug 8, 2019 · Payment Aug 26, 2019

Dividend

Ex-dividend Aug 9, 2018

HK$0.42

Semi-Annual

Record Aug 10, 2018 · Payment Aug 28, 2018

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