Winfull Group Holdings Limited (0183) AI Stock Analysis

• Market Cap: HK$98.64M
• Dividend Yield: N/A
• Average Volume (3M): 48.16K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.07
• Revenue Growth: 30.19%
• EPS Growth: 72.49%
• Country: HK
• Employees: 16
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.02
• Shares Outstanding: 566,912,540
• 10 Day Avg. Volume: 30,480
• 30 Day Avg. Volume: 48,160
• PEG Ratio: 0.03
• Price to Book (P/B): 0.12
• Price to Sales (P/S): 3.57
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: HK$0.16 ▼(-8.24% Downside)

The stock score is primarily impacted by poor financial performance and valuation metrics. Technical analysis indicators also signal weak momentum. Investment caution is advised due to financial instability and lack of profitability.

Positive Factors

Revenue Growth

The increase in revenue indicates a positive trend in business operations, suggesting potential for future growth and market expansion.

Board Diversity

Enhancing board diversity can lead to better governance and strategic decision-making, potentially improving long-term business performance.

Cash Flow Improvement

Improved cash flow enhances financial flexibility, allowing the company to invest in growth opportunities and manage debt more effectively.

Negative Factors

Negative Profit Margins

Negative profit margins highlight operational challenges, which can hinder profitability and limit reinvestment in the business.

Rising Debt Levels

Increasing reliance on debt can strain financial resources, impacting the company's ability to sustain operations and invest in growth.

Consistent Net Losses

Ongoing net losses and negative returns on equity pose risks to financial stability and shareholder value, challenging long-term viability.

Winfull Group Holdings Limited Business Overview & Revenue Model

Company Description

Winfull Group Holdings Limited, an investment holding company, engages in the property investment, development, and trading businesses in Hong Kong, the United Kingdom, and Japan. It is also involved in the provision of renovation services; security investment and trading business; and money lending activities. The company was formerly known as Richfield Group Holdings Limited and changed its name to Winfull Group Holdings Limited in March 2015. The company is headquartered in Central, Hong Kong. Winfull Group Holdings Limited is a subsidiary of Virtue Partner Group Limited.

How the Company Makes Money

Winfull Group Holdings Limited generates revenue through multiple channels within the real estate sector. The company makes money primarily by acquiring and developing properties, which are then sold or leased to generate income. The property investment segment contributes to its earnings through rental income derived from leasing out residential and commercial properties. Additionally, the company engages in property trading, which involves buying and selling properties to capitalize on market value fluctuations. Partnerships with other real estate firms and financial institutions, as well as strategic investments, also play a role in enhancing its revenue streams.

Winfull Group Holdings Limited Financial Statement Overview

Summary

Winfull Group Holdings Limited faces operational challenges with negative profit margins and consistent net losses. Despite a strong equity base and improved cash flow, rising debt levels and negative returns on equity pose financial stability concerns.

Income Statement

The company experienced significant fluctuations in revenue over the years, with recent revenue in 2024 increasing by about 8.1% from 2023. However, the gross profit margin is negative due to a negative gross profit in the latest year, and net profit margin is also negative, reflecting consistent net losses. EBIT and EBITDA margins are negative, indicating operational challenges.

Balance Sheet

The balance sheet shows a relatively stable equity base, with an equity ratio of 80.75% in 2024, reflecting low leverage. However, a rising debt-to-equity ratio from 0.11 in 2023 to 0.21 in 2024 may indicate increasing reliance on debt financing. The return on equity is negative due to net losses, posing risks to shareholder returns.

Cash Flow

Operating cash flow has improved in 2024 with a positive free cash flow. The operating cash flow to net income ratio is positive, indicating better cash generation relative to net income losses. Free cash flow has grown from 2023, suggesting improved financial flexibility, but the overall cash position indicates volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	44.42M	44.42M	41.12M	38.03M	33.35M	26.76M
Gross Profit	27.04M	27.04M	-16.00K	22.95M	26.60M	23.13M
EBITDA	-2.33M	-2.33M	-36.31M	-9.35M	-15.63M	-3.08M
Net Income	-66.56M	-66.56M	-241.95M	-67.61M	-144.05M	36.14M
Balance Sheet
Total Assets	1.69B	1.69B	1.72B	1.84B	1.96B	2.14B
Cash, Cash Equivalents and Short-Term Investments	180.29M	180.29M	252.21M	147.26M	222.55M	221.54M
Total Debt	330.39M	330.39M	292.59M	184.25M	220.63M	234.71M
Total Liabilities	358.48M	358.48M	331.15M	222.29M	273.48M	294.61M
Stockholders Equity	1.33B	1.33B	1.39B	1.62B	1.69B	1.85B
Cash Flow
Free Cash Flow	6.75M	0.00	654.00K	4.53M	434.00K	-27.41M
Operating Cash Flow	6.75M	0.00	9.84M	6.46M	3.13M	-10.58M
Investing Cash Flow	137.11M	0.00	-84.88M	37.30M	-100.74M	49.22M
Financing Cash Flow	-39.54M	0.00	102.67M	-42.89M	-7.43M	16.53M

Winfull Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.17
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0183, the sentiment is Neutral. The current price of 0.17 is below the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.17, and below the 200-day MA of 0.19, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.00 is Neutral, neither overbought nor oversold. The STOCH value of 10.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0183.

Winfull Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
3699	64 Neutral	HK$169.94M	6.56	2.41%	6.08%	-2.44%	37.79%
0616	54 Neutral	HK$621.76M	-2.38	-5.14%	―	66.69%	88.69%
0287	53 Neutral	HK$163.20M	-1.85	-8.59%	3.43%	-4.92%	-199.32%
1663	52 Neutral	HK$155.23M	-610.00	-0.02%	―	-68.21%	-100.40%
0183	45 Neutral	HK$98.64M	-1.48	-4.91%	―	30.19%	72.49%

Winfull Group Holdings Limited Corporate Events

Winfull Group Holdings Limited Announces Board Composition and Committee Roles

Winfull Group Holdings Limited has announced the composition of its board of directors and their roles within various committees. The board consists of executive directors including Mr. Pong Wilson Wai San as Chairman and Mr. Lee Wing Yin as CEO, along with three independent non-executive directors. The announcement outlines the membership and leadership roles of these directors across four key committees: Audit, Remuneration, Nomination, and Sustainability. This update provides stakeholders with clarity on the governance structure, potentially impacting the company’s strategic direction and operational oversight.

The most recent analyst rating on (HK:0183) stock is a Hold with a HK$0.16 price target. To see the full list of analyst forecasts on Winfull Group Holdings Limited stock, see the HK:0183 Stock Forecast page.

Winfull Group Announces Board Changes with Director Resignation

Winfull Group Holdings Limited, a company incorporated in the Cayman Islands, has announced the resignation of Mr. Lai Hin Wing Henry as a non-executive director due to other business commitments. This change will be effective from December 12, 2025, and Mr. Lai will also step down from the sustainability committee. The board has expressed gratitude for Mr. Lai’s contributions and confirmed there are no disagreements or issues related to his resignation.

The most recent analyst rating on (HK:0183) stock is a Hold with a HK$0.16 price target. To see the full list of analyst forecasts on Winfull Group Holdings Limited stock, see the HK:0183 Stock Forecast page.

Winfull Group Holdings Announces Unanimous Approval of AGM Resolutions

Winfull Group Holdings Limited announced that all proposed resolutions were passed at their annual general meeting held on 28 November 2025. The resolutions included the re-election of directors, re-appointment of auditors, and granting of general mandates for share issuance and repurchase. The unanimous approval of these resolutions reflects strong shareholder support and positions the company for continued operational stability and strategic flexibility.

The most recent analyst rating on (HK:0183) stock is a Hold with a HK$0.16 price target. To see the full list of analyst forecasts on Winfull Group Holdings Limited stock, see the HK:0183 Stock Forecast page.

Winfull Group Holdings Announces Annual General Meeting with Key Resolutions

Winfull Group Holdings Limited has announced the convening of its annual general meeting scheduled for November 28, 2025. The meeting will address several key resolutions, including the re-election of directors, the re-appointment of the company’s auditor, and the authorization for the board to manage share allotments and related financial activities. These resolutions are pivotal for the company’s governance and operational strategies, potentially impacting shareholder value and corporate structure.

The most recent analyst rating on (HK:0183) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Winfull Group Holdings Limited stock, see the HK:0183 Stock Forecast page.

Winfull Group Holdings Redeems Investment Fund with Minor Loss

Winfull Group Holdings Limited, through its subsidiary August Ally, has redeemed its investments in an unlisted securities investment fund, realizing a cash redemption value of approximately HK$6,747,000. The transaction, classified as discloseable under Hong Kong’s Listing Rules, resulted in an estimated loss of HK$53,000 compared to the fund’s fair value as of June 2025, impacting the company’s financials and requiring announcement but not shareholder approval.

The most recent analyst rating on (HK:0183) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Winfull Group Holdings Limited stock, see the HK:0183 Stock Forecast page.