Wharf (Holdings) Ltd. (HK:0004)
:0004
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Wharf (Holdings)
(0004)
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Rating:61Neutral
Price Target:
HK$28.00
▲(25.67% Upside)
Action:ReiteratedDate:11/25/25
The overall stock score of 61 reflects a mixed outlook. The company's strong operational efficiency and solid equity base are positive, but significant profitability challenges and declining revenue weigh heavily. Technical indicators show bullish momentum, but valuation metrics highlight concerns with a negative P/E ratio and low dividend yield.
Positive Factors
Operational Efficiency
High EBIT margin reflects strong operational efficiency, suggesting effective cost management and a competitive advantage in core operations.
Negative Factors
Revenue Decline
Declining revenue suggests challenges in market demand or competitive positioning, potentially impacting long-term growth prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Operational Efficiency
High EBIT margin reflects strong operational efficiency, suggesting effective cost management and a competitive advantage in core operations.
Read all positive factors
Wharf (Holdings) (0004) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$68.09B
Dividend Yield1.76%
Average Volume (3M)874.29K
Price to Earnings (P/E)1328.7
Beta (1Y)0.63
Revenue Growth-39.77%
EPS Growth97.82%
CountryHK
Employees6,400
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-0.16
Shares Outstanding3,056,027,300
10 Day Avg. Volume747,424
30 Day Avg. Volume874,290
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.49
Price to Sales (P/S)5.51
P/FCF Ratio18.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$25.57Price Target Upside14.76% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering5
EPS Forecast (FY)1.46
Revenue Forecast (FY)HK$13.47B
Wharf (Holdings) Business Overview & Revenue Model
Company Description
Founded in 1886 with Hong Kong as its base, The Wharf (Holdings) Limited (Stock code: 0004) is the 17th company incorporated in Hong Kong and a premier company with a long history. As one of the 30 constituent stocks in the original Hang Seng Inde...
How the Company Makes Money
Wharf (Holdings) generates revenue primarily through its property investment activities, where it earns rental income from its extensive portfolio of properties. This includes commercial office spaces and retail properties in prime locations. Addi...
Wharf (Holdings) Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
72
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.75B | 12.12B | 18.95B | 18.06B | 22.38B | 21.00B |
| Gross Profit | 10.75B | 7.77B | 9.05B | 8.84B | 11.31B | 12.89B |
| EBITDA | 4.29B | -5.29B | 3.75B | 1.30B | 10.31B | 10.99B |
| Net Income | -52.00M | -3.22B | 945.00M | -1.71B | 6.02B | 3.86B |
Balance Sheet | ||||||
| Total Assets | 198.61B | 190.04B | 204.88B | 221.75B | 253.70B | 254.09B |
| Cash, Cash Equivalents and Short-Term Investments | 13.08B | 9.72B | 11.59B | 14.65B | 23.56B | 16.67B |
| Total Debt | 16.52B | 16.85B | 19.43B | 19.96B | 36.74B | 42.17B |
| Total Liabilities | 49.56B | 47.57B | 56.67B | 66.04B | 87.32B | 90.62B |
| Stockholders Equity | 143.30B | 136.83B | 142.99B | 151.59B | 162.02B | 158.85B |
Cash Flow | ||||||
| Free Cash Flow | 5.29B | 3.60B | 1.80B | 5.83B | 2.08B | 9.89B |
| Operating Cash Flow | 5.29B | 3.83B | 2.38B | 6.18B | 2.55B | 10.27B |
| Investing Cash Flow | -1.65B | -2.59B | -3.55B | 4.31B | 11.31B | -14.22B |
| Financing Cash Flow | -1.17B | -3.72B | -1.75B | -17.55B | -7.41B | -5.51B |
Wharf (Holdings) Technical Analysis
Negative
22.28
Price Trends
24.87
Negative
23.87
Negative
23.19
Negative
Market Momentum
-0.69
Positive
30.33
Neutral
8.17
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0004, the sentiment is Negative. The current price of 22.28 is below the 20-day moving average (MA) of 23.82, below the 50-day MA of 24.87, and below the 200-day MA of 23.19, indicating a bearish trend. The MACD of -0.69 indicates Positive momentum. The RSI at 30.33 is Neutral, neither overbought nor oversold. The STOCH value of 8.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0004.
Wharf (Holdings) Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$153.85B | 12.36 | 2.75% | 4.33% | 9.72% | -26.47% | |
67 Neutral | HK$108.88B | 15.34 | 2.41% | 5.62% | -0.48% | -13.78% | |
66 Neutral | HK$198.95B | 3.72 | 9.47% | 5.18% | 14.40% | -2.55% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
61 Neutral | HK$68.09B | 1,328.75 | 0.03% | 1.76% | -39.77% | 97.82% | |
59 Neutral | HK$130.24B | 4.03 | 3.63% | 4.54% | -9.54% | -38.16% | |
49 Neutral | HK$51.30B | -0.95 | -23.88% | ― | -28.36% | -206.13% |
* Real Estate Sector Average
HK:0004
Wharf (Holdings)
22.28
4.16
22.94%
HK:2202
China Vanke Co
2.97
-2.57
-46.39%
HK:0688
China Overseas Land & Investment
11.90
-1.48
-11.04%
HK:1113
CK Asset Holdings
43.96
14.12
47.33%
HK:1109
China Resources Land
27.90
3.44
14.05%
HK:0083
Sino Land Co
11.48
4.11
55.85%
Wharf (Holdings) Corporate Events
Wharf and WREIC Sign New Master Tenancy Agreement
Nov 28, 2025
Wharf Group and WREIC Group have entered into a New Master Tenancy Agreement with WAC to regulate continuing connected transactions related to the renting and licensing of premises among WAC Group Members. This agreement, effective from January 1,...
Wharf, WREIC, and HCDL Sign New Property Services Agreement
Nov 28, 2025
Wharf, WREIC, and HCDL have entered into a New Master Property Services Agreement effective from January 1, 2026, to December 31, 2028. This agreement is designed to regulate ongoing connected transactions related to property services among WAC Gr...
Wharf and WREIC Enter New Hotel Services Agreement
Nov 28, 2025
Wharf and WREIC have entered into a New Master Hotel Services Agreement to regulate continuing connected transactions for hotel-related services provided by Wharf to WREIC. This agreement, effective from January 1, 2026, to December 31, 2028, outl...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.