Wing Lee Development Construction Holdings Limited logo

Wing Lee Development Construction Holdings Limited

9639.HK

HKSEIndustrialsEngineering & Construction

Latest quote

HK$0.985

+HK$0.005 · +0.51%

Aug 24, 11:30 AM HKT

9639.HK company overview

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Company profile

Company website

Wing Lee Development Construction Holdings Limited, an investment holding company, provides civil and electrical cable engineering, and solar photovoltaic (PV) system contracting services in Hong Kong. The company operates through Civil Engineering, Electrical and Mechanical Engineering, and New Energy segments. It engages in the road and drainage works, such as construction and modification of roads, carriageways, and pavements; construction of covered walkways; renovation of subways and footbridges; provision of facilities at footbridges, elevated walkways, and subways; construction of drainage systems, manholes, and cable trenches; and installation of water mains and sewerage pipes, as well as site formation works, which includes earthworks, excavation, and installation of steel structures. The company also provides electrical cable engineering works, which includes cable trenching, laying, and jointing; excavation, reinstatement, and miscellaneous construction works; and traffic impact assessment, underground cable laying and connection project, as well as emergency and cable fault repair services. In addition, it is involved in the designing, installation, and maintenance of solar PV systems, as well as provides annual maintenance services of solar PV systems. Further, it leases machinery; and engages in the trading of construction materials. The company was founded in 2005 and is headquartered in Tsuen Wan, Hong Kong. Wing Lee Development Construction Holdings Limited operates as a subsidiary of Wing Lee Green Development Limited.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
HK
CEO
Wang Lee Yiu
Listed since
Oct 9, 2024
Employees
362

Market position

Day range

Current HK$0.985

52-week range

Current HK$0.985

Open
HK$1.00
Previous close
HK$0.98
Volume
25K
0.13× average
Average volume
198.06K
Average daily volume
Market cap
985M HKD
Beta
-0.79
Market reference 1
50-day average
HK$0.9396
+4.83% above average
200-day average
HK$1.0777
-8.60% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.12B HKD
P/E (TTM)
49.25×
P/B (TTM)
2.66×
P/S (TTM)
1.59×
EV / EBITDA
19.82×
Earnings yield
1.71%
Free cash flow yield
-6.30%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
14.75%
Operating margin
4.36%
Net margin
2.97%
Return on equity
4.98%
Return on assets
2.75%
Return on invested capital
4.50%

Financial health

Debt / equity
0.3×
Current ratio
1.91×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%17%9%1%Gross margin, FY2021: 17.99%Gross margin, FY2022: 20.91%Gross margin, FY2023: 23.11%Gross margin, FY2024: 20.15%Gross margin, FY2025: 14.75%Operating margin, FY2021: 13.81%Operating margin, FY2022: 13.72%Operating margin, FY2023: 18.11%Operating margin, FY2024: 9.84%Operating margin, FY2025: 4.43%Net margin, FY2021: 11.35%Net margin, FY2022: 11.23%Net margin, FY2023: 14.62%Net margin, FY2024: 7.74%Net margin, FY2025: 2.97%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 17.99%. Gross margin FY2022 20.91%. Gross margin FY2023 23.11%. Gross margin FY2024 20.15%. Gross margin FY2025 14.75%. Operating margin FY2021 13.81%. Operating margin FY2022 13.72%. Operating margin FY2023 18.11%. Operating margin FY2024 9.84%. Operating margin FY2025 4.43%. Net margin FY2021 11.35%. Net margin FY2022 11.23%. Net margin FY2023 14.62%. Net margin FY2024 7.74%. Net margin FY2025 2.97%.

Income trends

Revenue

620.32M HKD-13.44%

Operating income

27.47M HKD-61.05%

Net income

18.42M HKD-66.78%
Income trends across reported periods786.46M HKD507.17M HKD227.89M HKD−51.4M HKDRevenue, FY2021: 520.35M HKDRevenue, FY2022: 361.21M HKDRevenue, FY2023: 526.1M HKDRevenue, FY2024: 716.64M HKDRevenue, FY2025: 620.32M HKDOperating income, FY2021: 71.84M HKDOperating income, FY2022: 49.56M HKDOperating income, FY2023: 95.28M HKDOperating income, FY2024: 70.53M HKDOperating income, FY2025: 27.47M HKDNet income, FY2021: 59.06M HKDNet income, FY2022: 40.57M HKDNet income, FY2023: 76.91M HKDNet income, FY2024: 55.46M HKDNet income, FY2025: 18.42M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 520.35M HKD. Revenue FY2022 361.21M HKD. Revenue FY2023 526.1M HKD. Revenue FY2024 716.64M HKD. Revenue FY2025 620.32M HKD. Operating income FY2021 71.84M HKD. Operating income FY2022 49.56M HKD. Operating income FY2023 95.28M HKD. Operating income FY2024 70.53M HKD. Operating income FY2025 27.47M HKD. Net income FY2021 59.06M HKD. Net income FY2022 40.57M HKD. Net income FY2023 76.91M HKD. Net income FY2024 55.46M HKD. Net income FY2025 18.42M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue620.32M HKD716.64M HKD526.1M HKD361.21M HKD520.35M HKD
Cost of goods sold528.8M HKD572.23M HKD404.49M HKD285.67M HKD426.74M HKD
Gross profit91.52M HKD144.41M HKD121.61M HKD75.53M HKD93.61M HKD
Selling, general, and administrative64.05M HKD60.59M HKD10.65M HKD11M HKD9.55M HKD
Operating expenses64.05M HKD73.88M HKD26.32M HKD25.97M HKD21.77M HKD
Interest income90K HKD96K HKD
Interest expense4.49M HKD2.37M HKD2.37M HKD1.92M HKD1.33M HKD
Depreciation and amortization28.88M HKD19.79M HKD13.83M HKD14.47M HKD12.06M HKD
Operating income27.47M HKD70.53M HKD95.28M HKD49.56M HKD71.84M HKD
Net income18.42M HKD55.46M HKD76.91M HKD40.57M HKD59.06M HKD

Company facts updated Aug 24, 2026.

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