Want to see HK:0713 full AI Analyst Report?
Top Page
World Houseware (Holdings)
(0713)
Select Model
Select Model
Rating:44Neutral
Price Target:
HK$0.37
▼(-7.75% Downside)
Action:Reiterated
Date:05/01/26
The score is driven primarily by weak financial performance—persistent losses, shrinking revenue, and ongoing cash burn—despite a relatively lightly levered balance sheet. Technicals add a mildly negative bias with the stock trading below key longer-term moving averages and a negative MACD. Valuation is constrained by negative earnings and no provided dividend support.
Positive Factors
Low leverage / improving debt position
Manageable debt levels and an improving debt-to-equity ratio materially reduce refinancing and solvency risk. A de-risked balance sheet gives management structural flexibility to support a turnaround, fund working capital, or pursue non-dilutive options over the coming months.
Negative Factors
Multi-year revenue decline
Sustained top-line contraction, including about a 12% drop in 2025, signals structural demand loss or market-share erosion. Declining revenue reduces operating leverage, compresses margins, and makes it harder to cover fixed costs, limiting sustainable recovery without strategic shifts.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / improving debt position
Manageable debt levels and an improving debt-to-equity ratio materially reduce refinancing and solvency risk. A de-risked balance sheet gives management structural flexibility to support a turnaround, fund working capital, or pursue non-dilutive options over the coming months.
Read all positive factors
World Houseware (Holdings) (0713) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$293.08M
Dividend YieldN/A
Average Volume (3M)306.13K
Price to Earnings (P/E)―
Beta (1Y)0.52
Revenue Growth-23.68%
EPS Growth35.58%
CountryHK
Employees492
SectorIndustrials
Sector Strength72
IndustryConstruction
Share Statistics
EPS (TTM)-0.26
Shares Outstanding792,117,430
10 Day Avg. Volume93,400
30 Day Avg. Volume306,133
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.34
Price to Sales (P/S)1.30
P/FCF Ratio-6.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
World Houseware (Holdings) Business Overview & Revenue Model
Company Description
World Houseware (Holdings) Limited operates as an investment holding company with core activities in manufacturing and distributing household goods, PVC piping and connectors, and industrial moulds. Its market reach spans both the People's Republi...
How the Company Makes Money
null...
World Houseware (Holdings) Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
63
Positive
Cash Flow
27
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 242.90M | 318.28M | 380.63M | 628.67M | 878.03M |
| Gross Profit | 21.26M | 33.21M | 43.50M | 47.42M | 149.42M |
| EBITDA | -54.44M | -44.20M | -102.26M | -126.86M | 102.29M |
| Net Income | -207.56M | -322.15M | -172.13M | -213.45M | 44.02M |
Balance Sheet | |||||
| Total Assets | 2.40B | 2.63B | 3.06B | 3.20B | 3.78B |
| Cash, Cash Equivalents and Short-Term Investments | 420.77M | 646.97M | 710.12M | 587.07M | 843.43M |
| Total Debt | 129.50M | 138.14M | 138.02M | 221.32M | 290.06M |
| Total Liabilities | 1.46B | 1.52B | 1.61B | 1.56B | 1.84B |
| Stockholders Equity | 932.79M | 1.11B | 1.45B | 1.64B | 1.94B |
Cash Flow | |||||
| Free Cash Flow | -46.58M | -41.63M | -34.98M | -106.76M | -158.53M |
| Operating Cash Flow | -37.30M | -30.07M | 13.16M | -60.84M | -134.66M |
| Investing Cash Flow | -456.03M | 88.64M | 113.73M | 56.15M | 835.93M |
| Financing Cash Flow | -19.41M | -37.58M | -62.22M | -206.39M | 10.94M |
World Houseware (Holdings) Technical Analysis
Negative
0.40
Price Trends
0.38
Negative
0.39
Negative
0.42
Negative
Market Momentum
>-0.01
Positive
40.10
Neutral
26.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0713, the sentiment is Negative. The current price of 0.4 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.38, and below the 200-day MA of 0.42, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.10 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0713.
World Houseware (Holdings) Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
57 Neutral | HK$210.00M | 9.86 | 10.12% | ― | -14.83% | -129.76% | |
56 Neutral | HK$179.50M | 30.27 | 0.62% | 2.34% | -22.26% | -33.78% | |
54 Neutral | HK$624.06M | -34.62 | -3.78% | ― | 4.31% | -420.00% | |
48 Neutral | HK$45.43M | -2.06 | -5.49% | ― | -17.64% | -2154.55% | |
44 Neutral | HK$293.08M | -1.45 | -21.28% | ― | -23.68% | 35.58% | |
42 Neutral | HK$109.50M | -0.08 | -17.64% | ― | 3.19% | 75.01% |
* Industrials Sector Average
HK:0713
World Houseware (Holdings)
0.37
-0.13
-25.25%
HK:9938
Wah Wo Holdings Group Limited
0.21
0.11
107.92%
HK:1653
MOS House Group Limited
2.16
1.86
620.00%
HK:1897
Million Hope Industries Holdings Ltd.
0.45
<0.01
1.14%
HK:3313
ArtGo Holdings Ltd.
0.77
-0.82
-51.54%
HK:8526
Wing Fung Group Asia Limited
0.28
0.16
141.38%
World Houseware (Holdings) Corporate Events
World Houseware Sets 2026 AGM, Seeks 20% Share Issue Mandate
Apr 27, 2026
World Houseware (Holdings) has convened its annual general meeting for 23 June 2026 at The Marco Polo Hongkong Hotel in Kowloon, where shareholders will review and adopt the audited financial statements for the year ended 31 December 2025. The age...
World Houseware Posts Narrower Loss but Faces Ongoing Profitability Pressures in 2025
Mar 26, 2026
World Houseware (Holdings) reported a sharp deterioration in its 2025 financial performance, with turnover falling to HK$242.9 million from HK$318.3 million and gross profit declining to HK$21.3 million from HK$33.2 million. The group’s basi...
World Houseware Sets Board Meeting to Approve 2025 Results and Consider Final Dividend
Mar 16, 2026
World Houseware (Holdings) Limited has scheduled a board meeting in Hong Kong on 26 March 2026 to review and approve the group’s final results for the financial year ended 31 December 2025. The board will also consider the declaration of a f...
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.