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Integrated Waste Solutions Group Holdings Limited logo

Integrated Waste Solutions Group Holdings Limited

0923.HK

HKSEIndustrialsConglomerates

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Latest quote

HK$0.016

HK$0.00 · 0.00%

Aug 24, 1:16 PM HKTData delayed

0923.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Integrated Waste Solutions Group Holdings Limited, an investment holding firm, delivers comprehensive solid waste management solutions across Hong Kong. The company's operations are divided into four main segments: secure materials destruction, logistics provision, recycled paper and other materials, and the manufacturing of tissue products. It markets recovered paper and various other recycled materials, as well as its own line of tissue paper goods. Additionally, services offered include the secure destruction of sensitive documents, logistical support, and complete waste collection, recycling, and treatment. The company also produces plastic items, manufactures and trades diverse paper products, develops recycling facilities, and furnishes management services. Founded in 1968, the company was formerly known as Fook Woo Group Holdings Limited until it adopted its current name in August 2013. Its headquarters are located in Tseung Kwan O, Hong Kong, and it operates as a subsidiary of Chow Tai Fook (Holding) Limited.

Industry
Conglomerates
Sector
Industrials
Headquarters
HK
CEO
King Sang Lam
Listed since
Mar 31, 2010
Employees
103

Market position

Day range

Current HK$0.016

52-week range

Current HK$0.016

Open
HK$0.015
Previous close
HK$0.016
Volume
36K
0.02× average
Average volume
1.87M
Average daily volume
Market cap
77.17M HKD
Beta
-0.02
Market reference 1
50-day average
HK$0.0183
-12.38% below average
200-day average
HK$0.0195
-17.80% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
124.91M HKD
P/E (TTM)
-0.45×
P/B (TTM)
1.41×
P/S (TTM)
1.88×
EV / EBITDA
-3.98×
Earnings yield
-184.87%
Free cash flow yield
-36.89%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
34.30%
Operating margin
-93.14%
Net margin
-413.44%
Return on equity
-310.62%
Return on assets
-150.40%
Return on invested capital
-38.42%

Financial health

Debt / equity
0.92×
Current ratio
0.58×
Altman Z-score
-44.63
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends174%-285%-743%-1202%Gross margin, FY2021: -1.16%Gross margin, FY2022: -1.26%Gross margin, FY2023: 59.37%Gross margin, FY2024: 50.86%Gross margin, FY2025: 22.71%Operating margin, FY2021: -121.80%Operating margin, FY2022: -113.45%Operating margin, FY2023: -160.36%Operating margin, FY2024: -987.75%Operating margin, FY2025: -99.70%Net margin, FY2021: -65.47%Net margin, FY2022: -94.01%Net margin, FY2023: -151.60%Net margin, FY2024: -1087.06%Net margin, FY2025: -413.44%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -1.16%. Gross margin FY2022 -1.26%. Gross margin FY2023 59.37%. Gross margin FY2024 50.86%. Gross margin FY2025 22.71%. Operating margin FY2021 -121.80%. Operating margin FY2022 -113.45%. Operating margin FY2023 -160.36%. Operating margin FY2024 -987.75%. Operating margin FY2025 -99.70%. Net margin FY2021 -65.47%. Net margin FY2022 -94.01%. Net margin FY2023 -151.60%. Net margin FY2024 -1087.06%. Net margin FY2025 -413.44%.

Income trends

Revenue

40.98M HKD-9.12%

Operating income

−40.85M HKD+90.83%

Net income

−169.41M HKD+65.44%
Income trends across reported periods98.61M HKD−115.48M HKD−329.57M HKD−543.67M HKDRevenue, FY2021: 42.12M HKDRevenue, FY2022: 42.34M HKDRevenue, FY2023: 42.7M HKDRevenue, FY2024: 45.09M HKDRevenue, FY2025: 40.98M HKDOperating income, FY2021: −51.31M HKDOperating income, FY2022: −48.03M HKDOperating income, FY2023: −68.47M HKDOperating income, FY2024: −445.37M HKDOperating income, FY2025: −40.85M HKDNet income, FY2021: −27.58M HKDNet income, FY2022: −39.8M HKDNet income, FY2023: −64.73M HKDNet income, FY2024: −490.15M HKDNet income, FY2025: −169.41M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 42.12M HKD. Revenue FY2022 42.34M HKD. Revenue FY2023 42.7M HKD. Revenue FY2024 45.09M HKD. Revenue FY2025 40.98M HKD. Operating income FY2021 −51.31M HKD. Operating income FY2022 −48.03M HKD. Operating income FY2023 −68.47M HKD. Operating income FY2024 −445.37M HKD. Operating income FY2025 −40.85M HKD. Net income FY2021 −27.58M HKD. Net income FY2022 −39.8M HKD. Net income FY2023 −64.73M HKD. Net income FY2024 −490.15M HKD. Net income FY2025 −169.41M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue40.98M HKD45.09M HKD42.7M HKD42.34M HKD42.12M HKD
Cost of goods sold31.67M HKD22.16M HKD17.35M HKD42.87M HKD42.61M HKD
Gross profit9.31M HKD22.93M HKD25.35M HKD−532K HKD−487K HKD
Selling, general, and administrative50.16M HKD73.76M HKD75.39M HKD73.03M HKD76.47M HKD
Operating expenses50.16M HKD468.3M HKD93.82M HKD47.5M HKD50.82M HKD
Interest income576K HKD3.36M HKD5.18M HKD4.54M HKD3.48M HKD
Interest expense2.72M HKD3.46M HKD1.16M HKD11K HKD4K HKD
Depreciation and amortization9.5M HKD25.81M HKD25.77M HKD25.53M HKD25.65M HKD
Operating income−40.85M HKD−445.37M HKD−68.47M HKD−48.03M HKD−51.31M HKD
Net income−169.41M HKD−490.15M HKD−64.73M HKD−39.8M HKD−27.58M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0-0.02-0.03-0.05Q1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual -0.003, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual -0.003, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.003, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 30, 2022: actual -0.003, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual -0.005, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 30, 2023: actual -0.004, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual -0.009, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 29, 2024: actual -0.004, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.54B2.37B1.19B16.9MQ1 '21No estimateQ3 '21No estimateQ1 '22No estimateQ4 '22MissQ2 '23MissQ4 '23MissQ2 '24No estimateQ4 '24No estimate
Q1 2021, reported Mar 31, 2021: actual 22.88M HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 22.24M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 19.89M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 30, 2022: actual 22.21M HKD, estimate 3.28B HKD, surprise -99.32%, Miss. Q2 2023, reported Jun 29, 2023: actual 20.13M HKD, estimate 3.28B HKD, surprise -99.39%, Miss. Q4 2023, reported Nov 30, 2023: actual 20.88M HKD, estimate 3.28B HKD, surprise -99.36%, Miss. Q2 2024, reported Jun 27, 2024: actual 21.82M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 29, 2024: actual 22.42M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Sep 10, 2014

34:25

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