NWS Holdings (0659) AI Stock Analysis

• Market Cap: $29.95B
• Dividend Yield: 16.06%
• Average Volume (3M): 641.94K
• Price to Earnings (P/E): 13.3
• Beta (1Y): 0.37
• Revenue Growth: -41.01%
• EPS Growth: 17.37%
• Country: HK
• Employees: 12,800
• Sector: Industrials
• Sector Strength: 87
• Industry: Engineering & Construction
• EPS (TTM): 0.29
• Shares Outstanding: 4,008,766,800
• 10 Day Avg. Volume: 921,284
• 30 Day Avg. Volume: 641,939
• PEG Ratio: 0.39
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.12
• 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: $10.99
• Price Target Upside: 47.12% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: ―

NWS Holdings has a stable financial base with moderate operational margins, but faces challenges in revenue growth and cash flow management. The valuation is appealing due to a robust dividend yield. Technical indicators suggest a neutral trend, providing a balanced outlook for the stock. The overall score reflects moderate confidence in financial health with attractive valuation as a key strength.

NWS Holdings Business Overview & Revenue Model

Company Description

NWS Holdings Limited (0659) is a diversified investment holding company based in Hong Kong. It operates in various sectors including transport, facilities management, construction & engineering, insurance, and strategic investments. The company's portfolio encompasses a wide range of services and infrastructure projects, playing a significant role in the regions it serves by providing essential services and innovative solutions.

How the Company Makes Money

NWS Holdings generates revenue through a diversified portfolio of businesses. The transport segment, which includes toll roads and public bus services, provides steady income from user fees and government contracts. Facilities management includes services like property management and airport operations, earning revenue from service fees and concession arrangements. The construction & engineering arm contributes through project-based contracts and joint ventures, while the insurance segment offers various products and earns premiums and investment income. Strategic investments provide returns through dividends and capital gains from both listed and unlisted investments. The company also benefits from strategic partnerships and collaborations that enhance its market position and revenue potential.

NWS Holdings Financial Statement Overview

Summary

NWS Holdings shows a mixed financial performance. Operational margins remain stable, but the company faces challenges in revenue growth and cash flow generation. The balance sheet is relatively strong with manageable leverage, but declining revenue and cash flow trends pose risks. Overall, there is moderate financial health with areas for improvement in growth and cash management.

Income Statement

The company has shown significant fluctuations in revenue with a notable decline from 2023 to 2024. Gross profit margin and net profit margin for 2024 were approximately 14.89% and 9.62%, respectively, indicating moderate profitability. EBIT and EBITDA margins for 2024 were 13.86% and 20.52%, reflecting stable operational performance despite revenue variability. The revenue growth rate from 2023 to 2024 was negative, highlighting a potential concern for future growth.

Balance Sheet

The company's debt-to-equity ratio in 2024 is approximately 0.71, which indicates a manageable level of leverage relative to its equity. Return on Equity (ROE) for 2024 stands at 5.87%, showing an adequate return to shareholders. The equity ratio is 27.93%, suggesting a solid equity base. Overall, the balance sheet shows stability with a moderate risk associated with debt levels.

Cash Flow

The cash flow statement reveals a decrease in free cash flow from 2023 to 2024, leading to a negative free cash flow growth rate. The operating cash flow to net income ratio is 0.96, and the free cash flow to net income ratio is 0.77, indicating that cash generation is slightly lower than net income. This suggests potential challenges in liquidity and cash management.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	24.55B	26.42B	45.21B	31.14B	28.20B	22.61B
Gross Profit	3.93B	3.94B	5.20B	3.53B	3.79B	2.85B
EBITDA	4.72B	6.28B	4.53B	2.57B	2.88B	2.83B
Net Income	2.49B	2.54B	2.03B	1.41B	1.18B	98.10M
Balance Sheet
Total Assets	161.68B	155.08B	161.97B	148.77B	152.57B	150.05B
Cash, Cash Equivalents and Short-Term Investments	28.47B	25.45B	33.07B	27.09B	23.94B	23.18B
Total Debt	35.34B	30.63B	35.11B	35.24B	37.18B	43.44B
Total Liabilities	120.84B	111.73B	122.19B	105.41B	104.65B	103.12B
Stockholders Equity	40.82B	43.33B	39.74B	43.31B	47.91B	46.37B
Cash Flow
Free Cash Flow	3.72B	1.96B	5.68B	5.56B	-41.90M	-5.02B
Operating Cash Flow	4.17B	2.45B	6.20B	6.26B	370.00M	1.00B
Investing Cash Flow	2.41B	2.52B	3.31B	629.50M	4.50B	-15.05B
Financing Cash Flow	-8.17B	-9.27B	-3.02B	-4.07B	-8.00B	12.19B

NWS Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.47
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0659, the sentiment is Positive. The current price of 7.47 is above the 20-day moving average (MA) of 7.39, above the 50-day MA of 7.31, and above the 200-day MA of 7.10, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 57.41 is Neutral, neither overbought nor oversold. The STOCH value of 83.43 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0659.

NWS Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1618	80 Outperform	HK$62.85B	5.41	5.56%	4.93%	-19.10%	-30.15%
3311	79 Outperform	$64.02B	6.52	14.62%	4.70%	1.21%	2.15%
0390	73 Outperform	$142.27B	3.21	8.83%	6.09%	-9.80%	-18.36%
2386	71 Outperform	€26.41B	9.88	7.81%	6.45%	12.37%	―
Sector *	68 Neutral	£2.96B	10.47	8.40%	3.15%	2.88%	-10.00%
3996	68 Neutral	HK$64.24B	4.89	8.19%	2.50%	4.81%	1.42%
0659	65 Neutral	$29.95B	13.29	5.29%	16.06%	-41.01%	17.37%

NWS Holdings Corporate Events

CTF Services Limited Announces Nomination Committee Changes

CTF Services Limited, a company incorporated in Bermuda with limited liability, has announced a change in the composition of its Nomination Committee. Mrs. Oei Wai Chi Grace Fung, an independent non-executive director, has been appointed as a member of the Nomination Committee, effective 11 June 2025, to comply with the revised Corporate Governance Code. Her appointment is expected to enhance the diversity and global perspective of the Board, contributing to the company’s governance and strategic direction.

The most recent analyst rating on (HK:0659) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.

NWS Holdings Announces New Board of Directors for CTF Services Limited

NWS Holdings has announced the updated list of directors and their roles within CTF Services Limited, effective from June 11, 2025. The board comprises executive, non-executive, and independent non-executive directors, with Dr. Cheng Kar Shun, Henry as Chairman and Mr. Cheng Chi Ming, Brian, and Mr. Ho Gilbert Chi Hang as Co-Chief Executive Officers. The company has also detailed the membership of its five board committees, which include the Executive, Audit, Nomination, Remuneration, and Environmental, Social, and Governance Committees. This update reflects the company’s commitment to maintaining a robust governance structure, which is crucial for its strategic direction and operational effectiveness.

The most recent analyst rating on (HK:0659) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.

CTF Services Cancels 2025 Corporate Bonds Issuance

CTF Services Limited, a company incorporated in Bermuda with limited liability, announced the cancellation of its proposed issuance of the 2025 Corporate Bonds Series 1, known as the High-Growth Industry Bond, on the Shanghai Stock Exchange. The company initially extended the bookbuilding closing time but ultimately decided not to proceed with the bond issuance, which may impact its funding strategy and market positioning.

The most recent analyst rating on (HK:0659) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.

CTF Services Limited Announces Approval for Panda Bonds Issuance

CTF Services Limited, incorporated in Bermuda, has announced the approval for the issuance of its Panda Bonds on the Shanghai Stock Exchange. The company has received approval from the China Securities Regulatory Commission for the registration of these bonds, which allows them to issue up to RMB5 billion over a 24-month period. The first series of these bonds, named the 2025 Corporate Bonds Series 1 (High-Growth Industry Bond), will be issued with a size not exceeding RMB0.8 billion, targeting professional investors. This move signifies a strategic step for CTF Services Limited to strengthen its financial position and expand its presence in the high-growth industry sector.

The most recent analyst rating on (HK:0659) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.