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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% | |
52 Neutral | HK$260.00M | 29.82 | 3.17% | 5.63% | -9.62% | -2.68% | |
51 Neutral | HK$187.26M | -1.83 | -23.21% | ― | 38.15% | -1533.02% | |
43 Neutral | HK$344.45M | -16.17 | -68.45% | ― | 62.98% | 67.20% |
Hands Form Holdings Limited Corporate Events
China Wacan Group Company Limited has called an extraordinary general meeting for 26 February 2026 in Shenzhen to seek shareholder approval for a new share subscription and a significant share option grant to an executive director. The company plans to issue 112,320,000 new shares to China Alliance Venture Technology Limited at HK$0.3965 per share under a specific mandate, subject to Stock Exchange approval, in a move that will raise new capital and dilute existing holdings but potentially strengthen its financial position and strategic partnerships. Shareholders are also being asked to approve the grant of 3,744,000 share options to executive director Mr. Zhou Zhenlin under the 2019 Share Option Scheme at an exercise price of HK$0.453 per share, further aligning management incentives with shareholder value and signalling a focus on long‑term performance and retention of key leadership.
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 plans to increase its authorised share capital and therefore proposes corresponding amendments to its memorandum and articles of association, changing the authorised share capital from HK$40 million divided into 4 billion shares of HK$0.01 each to HK$120 million divided into 1.2 billion shares of HK$0.10 each. The proposed amendments, which are conditional on shareholder approval by special resolution at an extraordinary general meeting, will align the company’s constitutional documents with the larger capital base and share structure, potentially enhancing flexibility for future equity issuance and capital management.
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 further delay in sending a shareholder circular related to a subscription agreement and the proposed grant of a specific mandate to issue subscription shares. Originally expected by 26 January 2026, the circular is now anticipated to be dispatched on or before 16 February 2026 to allow additional time for preparing and finalising required information, extending the timetable for shareholders’ review and potential approval of the transaction.
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 Cayman Islands-incorporated company listed in Hong Kong, has announced a further delay in sending a shareholder circular related to a subscription agreement and a proposed specific mandate to issue subscription shares. The company now expects to dispatch the circular on or before 28 January 2026, later than the previously indicated date of 1 December 2025, citing the need for additional time to prepare and finalise information, a development that may extend the timeline for shareholders’ review and approval of the contemplated transactions.
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 listed on the Hong Kong Stock Exchange, announced a change in its auditing firm. Wilson & Partners CPA Limited resigned due to a disagreement over audit fees, and HLB Hodgson Impey Cheng Limited has been appointed as the new auditor. The Board believes this change will enhance the cost-effectiveness and efficiency of the company’s annual audit process, benefiting the company and its shareholders.
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 delay in the dispatch of a circular related to its Subscription Agreement and associated transactions. Initially expected by December 1, 2025, the circular will now be dispatched by December 29, 2025, due to the need for additional time to finalize certain information.
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 proposal to increase its authorized share capital from HK$40,000,000 to HK$120,000,000. This move aims to provide greater flexibility for future business growth and requires shareholder approval at an Extraordinary General Meeting (EGM). Additionally, the company plans to adopt a new share scheme in line with recent amendments to Chapter 17 of the Listing Rules, which will replace the 2019 Share Option Scheme. This change is also subject to shareholder approval at the EGM.
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.
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.