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Wang On Group Limited logo

Wang On Group Limited

1222.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$0.021

HK$0.00 · 0.00%

Aug 21, 4:08 PM HKT

1222.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Wang On Group Limited, an investment holding company, primarily engages in the property development and investment activities in Hong Kong, Mainland China, Macau, and internationally. It operates through Property Development, Property Investment, Fresh Markets, Pharmaceutical, and Treasury Management segments. The company invests in industrial and commercial premises, and residential units for rental or for sale; and invests in debt and other securities. It also involved in the provision of finance; management and sub-licensing of fresh markets; butchery business, which includes management of properties in agricultural produce exchange markets; and production and sale of Chinese and Western pharmaceutical, health food, and personal healthcare products under the Wai Yuen Tong, Madame Pearl’s, and Pearl’s brand names. In addition, the company involved in asset management, money lending, sale of pork, and property management businesses, as well as offers treasury management, management and financial services. Wang On Group Limited was founded in 1987 and is headquartered in Kowloon Bay, Hong Kong.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
HK
CEO
Tang Ching Ho
Listed since
Sep 29, 2005
Employees
1,631

Market position

52-week range

Current HK$0.021

Open
HK$0.021
Previous close
HK$0.021
Volume
1.41K
0× average
Average volume
14.28M
Average daily volume
Market cap
297.5M HKD
Beta
0.66
Market reference 1
50-day average
HK$0.0221
-4.81% below average
200-day average
HK$0.0224
-6.12% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.52B HKD
P/E (TTM)
-0.37×
P/B (TTM)
0.08×
P/S (TTM)
0.11×
EV / EBITDA
-11.25×
Earnings yield
-270.38%
Free cash flow yield
320.89%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
24.35%
Operating margin
-13.69%
Net margin
-30.57%
Return on equity
-22.23%
Return on assets
-6.70%
Return on invested capital
-3.94%

Financial health

Debt / equity
1.21×
Current ratio
1.4×
Altman Z-score
0.35
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 trends58%23%-12%-47%Gross margin, FY2021: 48.87%Gross margin, FY2022: 33.79%Gross margin, FY2023: 41.53%Gross margin, FY2024: 29.51%Gross margin, FY2025: 22.65%Operating margin, FY2021: 5.05%Operating margin, FY2022: 4.57%Operating margin, FY2023: -1.45%Operating margin, FY2024: -7.69%Operating margin, FY2025: -16.64%Net margin, FY2021: -16.45%Net margin, FY2022: 0.35%Net margin, FY2023: -38.01%Net margin, FY2024: -33.66%Net margin, FY2025: -30.57%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 48.87%. Gross margin FY2022 33.79%. Gross margin FY2023 41.53%. Gross margin FY2024 29.51%. Gross margin FY2025 22.65%. Operating margin FY2021 5.05%. Operating margin FY2022 4.57%. Operating margin FY2023 -1.45%. Operating margin FY2024 -7.69%. Operating margin FY2025 -16.64%. Net margin FY2021 -16.45%. Net margin FY2022 0.35%. Net margin FY2023 -38.01%. Net margin FY2024 -33.66%. Net margin FY2025 -30.57%.

Income trends

Revenue

2.63B HKD-3.98%

Operating income

−437.71M HKD-107.81%

Net income

−804.37M HKD+12.80%
Income trends across reported periods4.06B HKD2.25B HKD435.34M HKD−1.38B HKDRevenue, FY2021: 1.86B HKDRevenue, FY2022: 3.6B HKDRevenue, FY2023: 1.98B HKDRevenue, FY2024: 2.74B HKDRevenue, FY2025: 2.63B HKDOperating income, FY2021: 93.78M HKDOperating income, FY2022: 164.7M HKDOperating income, FY2023: −28.82M HKDOperating income, FY2024: −210.63M HKDOperating income, FY2025: −437.71M HKDNet income, FY2021: −305.23M HKDNet income, FY2022: 12.78M HKDNet income, FY2023: −753.85M HKDNet income, FY2024: −922.43M HKDNet income, FY2025: −804.37M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.86B HKD. Revenue FY2022 3.6B HKD. Revenue FY2023 1.98B HKD. Revenue FY2024 2.74B HKD. Revenue FY2025 2.63B HKD. Operating income FY2021 93.78M HKD. Operating income FY2022 164.7M HKD. Operating income FY2023 −28.82M HKD. Operating income FY2024 −210.63M HKD. Operating income FY2025 −437.71M HKD. Net income FY2021 −305.23M HKD. Net income FY2022 12.78M HKD. Net income FY2023 −753.85M HKD. Net income FY2024 −922.43M HKD. Net income FY2025 −804.37M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue2.63B HKD2.74B HKD1.98B HKD3.6B HKD1.86B HKD
Cost of goods sold2.04B HKD1.93B HKD1.16B HKD2.39B HKD948.94M HKD
Gross profit595.91M HKD808.76M HKD823.64M HKD1.22B HKD907.1M HKD
Research and development1.86M HKD——1.9M HKD1.3M HKD
Selling, general, and administrative930.91M HKD1.02B HKD857.12M HKD965.95M HKD771.62M HKD
Operating expenses1.03B HKD1.02B HKD852.46M HKD1.05B HKD813.32M HKD
Interest income4.13M HKD9.68M HKD20.2M HKD21.02M HKD9.63M HKD
Interest expense330.07M HKD354.59M HKD364.38M HKD288.36M HKD207.61M HKD
Depreciation and amortization124.88M HKD132.31M HKD137.14M HKD147.21M HKD161.19M HKD
Operating income−437.71M HKD−210.63M HKD−28.82M HKD164.7M HKD93.78M HKD
Net income−804.37M HKD−922.43M HKD−753.85M HKD12.78M HKD−305.23M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.05-0-0.05-0.1Q1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 0.002, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 0.003, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.024, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 26, 2022: actual -0.002, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 0.003, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 0.008, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual -0.063, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 27, 2024: actual 0.006, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates2.15B1.68B1.22B750.85MQ1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 905.7M HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 892.13M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 963.91M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 26, 2022: actual 2.05B HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 1.55B HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 1.14B HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 27, 2024: actual 847.12M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 27, 2024: actual 1.23B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Aug 25, 2015

3:1

Stock split

Effective Jan 28, 2011

1:5

Stock split

Effective Feb 24, 2010

1:5

Stock split

Effective Mar 31, 2009

1:25

Stock split

Effective May 18, 2007

20:1

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