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Hands Form Holdings Limited
(1920)
Hands Form Holdings Limited (1920) vs. iShares MSCI Hong Kong ETF (EWH)
Hands Form Holdings Limited Business Overview & Revenue Model
Hands Form Holdings Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 136.64M | 109.95M | 86.70M | 122.52M | 117.46M | 304.96M |
| Gross Profit | 9.08M | -12.88M | -21.49M | -28.63M | -63.46M | 3.80M |
| EBITDA | -15.71M | -40.66M | -48.63M | -53.79M | -81.00M | 9.22M |
| Net Income | -17.75M | -43.34M | -51.62M | -56.20M | -83.19M | 7.37M |
Balance Sheet | ||||||
| Total Assets | 56.48M | 42.26M | 71.76M | 123.94M | 191.25M | 253.52M |
| Cash, Cash Equivalents and Short-Term Investments | 23.13M | 10.54M | 18.60M | 14.01M | 9.56M | 5.95M |
| Total Debt | 14.45M | 5.31M | 9.62M | 9.70M | 16.28M | 17.81M |
| Total Liabilities | 32.33M | 32.43M | 18.59M | 19.15M | 45.63M | 24.71M |
| Stockholders Equity | 24.15M | 9.83M | 53.17M | 104.79M | 145.62M | 228.81M |
Cash Flow | ||||||
| Free Cash Flow | 10.55M | -3.55M | -197.00K | -13.15M | 8.50M | -27.71M |
| Operating Cash Flow | 10.55M | -3.55M | -197.00K | -5.40M | 8.50M | -27.71M |
| Investing Cash Flow | 0.00 | 16.00K | 5.21M | 1.32M | -3.00M | -4.69M |
| Financing Cash Flow | 0.00 | -4.53M | -414.00K | 8.52M | -1.88M | 13.65M |
Hands Form Holdings Limited Technical Analysis
Hands Form Holdings Limited Peers Comparison
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% | |
54 Neutral | HK$137.60M | 18.49 | 3.17% | 5.58% | -9.62% | -2.68% | |
48 Neutral | HK$212.62M | -2.17 | -22.45% | ― | 47.91% | -2845.90% | |
44 Neutral | HK$151.63M | -7.12 | -68.45% | ― | 62.98% | 67.20% |
Hands Form Holdings Limited Corporate Events
Hands Form Holdings Limited has entered into a Subscription Agreement with its controlling shareholder, China Wacan Group Company Limited, to issue 112,320,000 new shares at a price of HK$0.3965 per share, raising approximately HK$44.5 million. This transaction, which constitutes a connected transaction under Hong Kong’s Listing Rules, will increase the company’s issued share capital by about 23.08% and is subject to approval at an Extraordinary General Meeting.
The most recent analyst rating on (HK:1920) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hands Form Holdings Limited stock, see the HK:1920 Stock Forecast page.
China Wacan Group Company Limited has entered into a lease agreement to rent a new office space in Hong Kong for its principal place of business. The lease, which begins on April 16, 2025, is for a term of three years at a monthly rental fee of HK$332,541. This transaction is classified as a discloseable transaction under the Listing Rules, as it exceeds 5% but is less than 25% of the applicable percentage ratios. Due to an inadvertent misunderstanding, the agreement was not announced in a timely manner.
The most recent analyst rating on (HK:1920) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hands Form Holdings Limited stock, see the HK:1920 Stock Forecast page.
China Wacan Group Company Limited has announced supplemental information regarding impairment losses under the expected credit loss model for two construction projects in Chai Wan and Kwun Tong. The company faced delays in payment from a customer, leading to a recognition of impairment losses of approximately HK$15.7 million and HK$3.6 million. The valuation was based on a report by an independent valuer, categorizing receivables into three risk groups, with Group C being considered defaulted due to significant overdue payments and changes in debtor credit ratings.
The most recent analyst rating on (HK:1920) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hands Form Holdings Limited stock, see the HK:1920 Stock Forecast page.
China Wacan Group Company Limited announced the resignation of Mr. Zhu Qi from his roles as an independent non-executive director and chairman of the remuneration committee, among other positions, effective September 11, 2025. This change will lead to Professor Lam Sing Kwong Simon assuming Mr. Zhu’s former roles in the remuneration, audit, and nomination committees, potentially impacting the company’s governance structure.
The most recent analyst rating on (HK:1920) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hands Form Holdings Limited stock, see the HK:1920 Stock Forecast page.
China Wacan Group Company Limited has announced the composition of its board of directors and their respective roles within the company. The board includes both executive and independent non-executive directors, with specific members assigned to the Audit, Remuneration, and Nomination Committees. This announcement is significant as it outlines the leadership structure and governance framework, which can impact the company’s strategic direction and stakeholder confidence.
The most recent analyst rating on (HK:1920) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hands Form Holdings Limited stock, see the HK:1920 Stock Forecast page.
China Wacan Group Company Limited has announced a supplemental update regarding the grant of share options. The company is focused on incentivizing and retaining high-caliber employees by granting options with shorter vesting periods, aligning with its strategic goals of motivating and retaining core talent. The grant of 3,744,000 options to Mr. Zhou Zhenlin, a controlling shareholder, is subject to shareholder approval at an extraordinary general meeting. This move underscores the company’s commitment to recognizing contributions and ensuring long-term growth.
The most recent analyst rating on (HK:1920) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hands Form Holdings Limited stock, see the HK:1920 Stock Forecast page.
China Wacan Group Company Limited has announced the grant of 26,000,000 share options to eligible participants under its share option scheme. This initiative is intended to recognize past contributions and incentivize future performance, aligning with the company’s strategy to attract and retain key talent. The options, which have a vesting period of less than 12 months, are exercisable until September 2035 and include a clawback mechanism to ensure compliance with company policies.
The most recent analyst rating on (HK:1920) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hands Form Holdings Limited stock, see the HK:1920 Stock Forecast page.
China Wacan Group Company Limited, a company incorporated in the Cayman Islands, has announced its unaudited condensed consolidated interim financial results for the six months ending June 30, 2025. The company reported a revenue increase to HK$65,056,000 from HK$38,368,000 in the previous year, resulting in a gross profit of HK$8,266,000 compared to a loss of HK$13,699,000 in the same period last year. The company’s financial position has improved with net assets rising to HK$24,150,000 from HK$9,830,000 at the end of 2024, indicating a positive shift in its financial health.
The most recent analyst rating on (HK:1920) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hands Form Holdings Limited stock, see the HK:1920 Stock Forecast page.
China Wacan Group Company Limited, a company incorporated in the Cayman Islands, has announced significant changes to its operational details. The company will relocate its principal place of business in Hong Kong and its headquarters in the People’s Republic of China, effective in August 2025. Additionally, the company will update its website, telephone number, and email address to enhance communication with stakeholders.
The most recent analyst rating on (HK:1920) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hands Form Holdings Limited stock, see the HK:1920 Stock Forecast page.
China Wacan Group Company Limited, incorporated in the Cayman Islands, has announced a board meeting scheduled for August 29, 2025. The meeting will focus on approving the interim results for the first half of 2025 and considering the declaration of an interim dividend. This announcement may impact the company’s financial strategies and shareholder returns.