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NWS Holdings
(0659)
NWS Holdings (0659) vs. iShares MSCI Hong Kong ETF (EWH)
NWS Holdings Business Overview & Revenue Model
NWS Holdings Earnings Call Summary
NWS Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.29B | 24.29B | 26.42B | 27.12B | 31.14B | 28.20B |
| Gross Profit | 5.30B | 3.95B | 3.94B | 5.20B | 3.53B | 3.79B |
| EBITDA | 4.21B | 9.96B | 5.42B | 4.53B | 5.38B | 3.97B |
| Net Income | 2.27B | 2.36B | 2.54B | 2.06B | 2.17B | 1.70B |
Balance Sheet | ||||||
| Total Assets | 172.90B | 172.90B | 155.08B | 161.97B | 148.77B | 152.57B |
| Cash, Cash Equivalents and Short-Term Investments | 29.92B | 29.92B | 25.45B | 33.07B | 27.09B | 23.94B |
| Total Debt | 37.93B | 35.58B | 30.63B | 35.11B | 35.24B | 26.04B |
| Total Liabilities | 135.36B | 133.01B | 111.73B | 122.19B | 105.41B | 104.65B |
| Stockholders Equity | 37.52B | 39.86B | 43.33B | 55.69B | 53.84B | 58.44B |
Cash Flow | ||||||
| Free Cash Flow | 1.37B | 0.00 | 1.96B | 5.68B | 5.56B | -41.90M |
| Operating Cash Flow | 1.59B | 0.00 | 2.45B | 6.20B | 6.26B | 370.00M |
| Investing Cash Flow | 157.10M | 0.00 | 2.52B | 4.44B | 2.82B | 5.94B |
| Financing Cash Flow | 1.50B | 0.00 | -9.27B | -3.68B | -4.65B | -8.58B |
NWS Holdings Technical Analysis
NWS Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$145.36B | 4.15 | 7.41% | 7.43% | -7.46% | -21.80% | |
71 Outperform | HK$39.83B | 18.01 | 5.69% | 11.39% | -8.09% | 1.87% | |
70 Outperform | HK$31.42B | 11.51 | 8.27% | 5.31% | 11.89% | 8.49% | |
67 Neutral | HK$48.07B | 4.89 | 13.70% | 6.69% | -5.14% | -4.05% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | HK$71.13B | 5.59 | 7.78% | 3.90% | 11.49% | -7.01% | |
44 Neutral | HK$68.32B | 9.10 | 3.80% | 3.21% | -18.36% | -47.29% |
NWS Holdings Corporate Events
CTF Services Limited has announced that the share purchase agreements relating to the Stage 2 acquisitions of additional equity interests in uSmart Inlet Group Ltd and Genius Professional Enterprises Limited have lapsed after the 31 December 2025 long stop date passed without all required regulatory approvals being obtained and without any extension being agreed among the parties. While this halts the planned increase in ownership, the group retains its existing approximately 13.05% stake in the target company, continues to account for it as an associate, and maintains board influence through an irrevocable undertaking that keeps its nominated representative, director and chairman Brian Cheng, in place; the board emphasised that the lapse of the Stage 2 transactions is not expected to have a material adverse impact on the group’s business, operations or financial position and that it will explore alternative cooperation or arrangements with the relevant parties, leaving investors to watch for future announcements on the company’s strategic direction in this investment.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
CTF Services Limited has issued and allotted 7,043,779 new shares under a scrip dividend scheme and distributed approximately HK$1.37 billion in cash to shareholders who opted to receive their final dividend for the year ended 30 June 2025 in cash. Following the issuance of the scrip shares on 23 December 2025, the company has implemented technical adjustments to the exercise price and number of outstanding, unvested share options under its 2021 share option scheme to reflect the enlarged share capital, slightly reducing the exercise price from HK$6.785 to HK$6.784 and marginally increasing the maximum number of options to 107,066,182. An independent financial adviser has confirmed that these adjustments are fair, reasonable and compliant with Hong Kong Listing Rules, helping to preserve option holders’ economic interests while maintaining regulatory alignment in the company’s equity incentive and capital management framework.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
CTF Services Limited has announced a final cash dividend with a scrip option for the financial year ending June 30, 2025. The dividend declared is HKD 0.35 per share, with the option to convert cash dividends into scrip shares at a price of HKD 7.2371 per share. The key dates include the ex-dividend date on November 20, 2025, and the payment date on December 23, 2025. This announcement provides shareholders with flexibility in receiving their dividends and may impact the company’s liquidity and shareholder engagement.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
NWS Holdings, through its subsidiary CTF Services Limited, announced adjustments to its financial instruments, specifically the exercise price and number of outstanding share options and the conversion price of its convertible bonds. These changes are a result of the approved final dividend and bonus issue, which aim to enhance shareholder value and align with the company’s strategic financial management. The adjustments reflect the company’s commitment to maintaining shareholder engagement and optimizing its capital structure.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
NWS Holdings, a company incorporated in Bermuda, has announced the restoration of its public float to above the minimum required 25% as per the Listing Rules. This was achieved through the issuance and conversion of convertible bonds, resulting in an increase in shares held by public shareholders. The restoration of the public float is a significant step for the company, ensuring compliance with regulatory requirements and potentially enhancing its market positioning and investor confidence.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
CTF Services Limited announced that all resolutions proposed at its Annual General Meeting on November 18, 2025, were approved by shareholders. Key resolutions included the approval of a final dividend, re-election of directors, re-appointment of auditors, and amendments to the 2021 Share Option Scheme. The successful passing of these resolutions reflects strong shareholder support and positions the company for continued operational and strategic initiatives.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
NWS Holdings announced the completion of Stage 1 of its acquisition of equity interests in uSmart Inlet Group Ltd and Genius Professional Enterprises Limited. The completion involved amendments to the Share Purchase Agreements (SPA) for both companies, with adjustments to payment terms and removal of share charges. The company now holds a 13.05% shareholding interest in the target companies, with financial results accounted for by the equity method. The amendments ensure no advance payments are required, simplifying the transaction process and potentially enhancing financial stability.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
CTF Services Limited has announced its annual general meeting will be held on November 18, 2025, as a hybrid event at the Hong Kong Convention and Exhibition Centre and online. The meeting will address several key agenda items, including the consideration of audited financial statements, declaration of a final ordinary dividend, re-election of directors, and re-appointment of auditors. Additionally, the company seeks approval for directors to allot and issue new shares, with certain limitations, to enhance operational flexibility and shareholder value.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
CTF Services Limited has announced a final ordinary cash dividend of HKD 0.35 per share for the financial year ending June 30, 2025. Shareholders have the option to receive the dividend in cash or convert it into scrip shares, with the share certificates to be dispatched on December 23, 2025. This announcement updates the dispatch date of the share certificates, reflecting the company’s commitment to providing flexible dividend options to its shareholders.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
CTF Services Limited has announced a bonus issue of shares for the financial year ending June 30, 2025, with a distribution ratio of one bonus share for every ten existing shares held. The announcement updates previous information regarding the dispatch date of certificates, the first date of dealing in the bonus shares, and fractional entitlements, which will be rounded down to the nearest whole unit. Shareholders’ approval for this bonus issue was obtained on November 18, 2025, with certificates to be dispatched on December 9, 2025, and trading to commence on December 10, 2025. This bonus issue is expected to enhance shareholder value and may impact the company’s market positioning by potentially increasing liquidity and investor interest.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
CTF Services Limited, a company incorporated in Bermuda, has announced a delay in the dispatch of a circular related to the revision of the FY2026 Annual Sales Cap for certain continuing connected transactions under the NWD Master Services Agreement. The circular, which was initially expected to be published within 15 business days following the announcement on September 29, 2025, will now be postponed to around October 24, 2025, due to the need for additional time to finalize certain information.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.