WLS Holdings Limited logo

WLS Holdings Limited

8021.HK

HKSEIndustrialsEngineering & Construction

Latest quote

HK$0.173

+HK$0.003 · +1.76%

Aug 24, 4:08 PM HKT

8021.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

WLS Holdings Limited, an investment holding company established in 2001 and based in Aberdeen, Hong Kong, primarily offers scaffolding, interior fitting-out, and various support services to the construction and building industries within Hong Kong. Its extensive service portfolio includes a diverse range of scaffolding solutions, such as metal-bamboo matrix systems, traditional bamboo, steel/Pik Lik, and lift-shaft scaffolds. The company also specializes in permanent access equipment like building maintenance units and platforms, provides temporary gondolas, and offers gondola rental services. Further capabilities extend to false ceiling installations, comprehensive fitting-out works, and specialized applications involving glass fiber reinforced concrete (GRC), glass reinforced plastic (GRP), custom signage, artwork, and decorative stamped concrete. Ancillary support encompasses transportation, project management, and expert consultancy. WLS Holdings' operations are structured across four main segments: Scaffolding, Fitting Out and Other Auxiliary Services for Construction and Building Work; Money Lending; Securities Investment; and Assets Management. Additionally, the company is involved in the design, sale, trading, repair, and maintenance of gondolas and parapet railings, the installation and upkeep of access equipment, property holding, and management contracting services.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
HK
CEO
Wai Yan Yeung
Listed since
Dec 7, 2001
Employees
43

Market position

52-week range

Current HK$0.173

Open
HK$0.173
Previous close
HK$0.17
Volume
20.25K
0.08× average
Average volume
241.51K
Average daily volume
Market cap
124.28M HKD
Beta
-0.91
Market reference 1
50-day average
HK$0.175
-1.15% below average
200-day average
HK$0.3435
-49.64% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
0.59×
P/B (TTM)
0.26×
P/S (TTM)
0.92×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
52.07%
Operating margin
-9.61%
Net margin
84.73%

Financial health

Debt / equity
0.34×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends113%44%-25%-94%Gross margin, FY2021: 37.62%Gross margin, FY2022: 32.78%Gross margin, FY2023: 61.57%Gross margin, FY2024: 65.92%Gross margin, FY2025: 67.55%Operating margin, FY2021: -18.95%Operating margin, FY2022: -50.08%Operating margin, FY2023: 9.83%Operating margin, FY2024: 37.86%Operating margin, FY2025: -8.69%Net margin, FY2021: -5.72%Net margin, FY2022: -77.00%Net margin, FY2023: -13.53%Net margin, FY2024: -8.65%Net margin, FY2025: 96.02%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.62%. Gross margin FY2022 32.78%. Gross margin FY2023 61.57%. Gross margin FY2024 65.92%. Gross margin FY2025 67.55%. Operating margin FY2021 -18.95%. Operating margin FY2022 -50.08%. Operating margin FY2023 9.83%. Operating margin FY2024 37.86%. Operating margin FY2025 -8.69%. Net margin FY2021 -5.72%. Net margin FY2022 -77.00%. Net margin FY2023 -13.53%. Net margin FY2024 -8.65%. Net margin FY2025 96.02%.

Income trends

Revenue

98.56M HKD+24.55%

Operating income

−8.56M HKD−38.52M HKD

Net income

94.63M HKD+101.48M HKD
Income trends across reported periods219.19M HKD98.62M HKD−21.95M HKD−142.53M HKDRevenue, FY2021: 189.05M HKDRevenue, FY2022: 145.96M HKDRevenue, FY2023: 82.41M HKDRevenue, FY2024: 79.13M HKDRevenue, FY2025: 98.56M HKDOperating income, FY2021: −35.82M HKDOperating income, FY2022: −73.09M HKDOperating income, FY2023: 8.1M HKDOperating income, FY2024: 29.96M HKDOperating income, FY2025: −8.56M HKDNet income, FY2021: −10.82M HKDNet income, FY2022: −112.38M HKDNet income, FY2023: −11.15M HKDNet income, FY2024: −6.85M HKDNet income, FY2025: 94.63M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 189.05M HKD. Revenue FY2022 145.96M HKD. Revenue FY2023 82.41M HKD. Revenue FY2024 79.13M HKD. Revenue FY2025 98.56M HKD. Operating income FY2021 −35.82M HKD. Operating income FY2022 −73.09M HKD. Operating income FY2023 8.1M HKD. Operating income FY2024 29.96M HKD. Operating income FY2025 −8.56M HKD. Net income FY2021 −10.82M HKD. Net income FY2022 −112.38M HKD. Net income FY2023 −11.15M HKD. Net income FY2024 −6.85M HKD. Net income FY2025 94.63M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue98.56M HKD79.13M HKD82.41M HKD145.96M HKD189.05M HKD
Cost of goods sold31.98M HKD26.97M HKD31.67M HKD98.11M HKD119M HKD
Gross profit66.58M HKD52.16M HKD50.74M HKD47.85M HKD71.12M HKD
Selling, general, and administrative75.14M HKD57.34M HKD42.64M HKD120.48M HKD49.85M HKD
Operating expenses75.14M HKD22.2M HKD42.64M HKD120.94M HKD48.37M HKD
Interest income2K HKD78K HKD70K HKD73K HKD
Interest expense9.53M HKD9M HKD8.59M HKD7.15M HKD8.09M HKD
Depreciation and amortization2.31M HKD1.64M HKD1.36M HKD4.31M HKD5.61M HKD
Operating income−8.56M HKD29.96M HKD8.1M HKD−73.09M HKD−35.82M HKD
Net income94.63M HKD−6.85M HKD−11.15M HKD−112.38M HKD−10.82M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.04

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.080.03-0.03-0.09Q4 '22Q1 '23Q3 '23Q4 '23Q3 '24Q4 '24
Q4 2022, reported Dec 15, 2022: actual -0.044, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 17, 2023: actual -0.048, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Jul 30, 2023: actual 0.012, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 13, 2023: actual -0.048, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Jul 31, 2024: actual 0.044, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual 0.044, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates43.46M35.46M27.45M19.45MQ4 '22Q1 '23Q3 '23Q4 '23Q3 '24Q4 '24
Q4 2022, reported Dec 15, 2022: actual 41.79M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 17, 2023: actual 30.56M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Jul 30, 2023: actual 25.35M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 13, 2023: actual 21.12M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Jul 31, 2024: actual 23.4M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual 23.4M HKD, estimate —, surprise —, Comparison unavailable.

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