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Wan Cheng Metal Packaging Company Limited (HK:8291)
:8291
Hong Kong Market
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Wan Cheng Metal Packaging Company Limited (8291) AI Stock Analysis

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HK:8291

Wan Cheng Metal Packaging Company Limited

(8291)

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Neutral 47 (OpenAI - 5.2)
Rating:47Neutral
Price Target:
HK$0.21
▼(-13.75% Downside)
Action:Reiterated
Date:05/09/26
The score is held down primarily by weak financial performance—negative operating profitability, negative equity, and a sharp 2025 cash outflow that raises liquidity risk. Technical indicators also point to weak momentum with the stock trading below key moving averages. The main offset is an optically low P/E, but valuation support is limited given the underlying financial stress.
Positive Factors
Return to positive net income (2025)
A return to positive net income in 2025 signals the business can restore profitability after multi-year losses. This provides a base for rebuilding retained earnings and improving funding optionality if management sustains revenue and addresses operating losses at the EBIT level.
Negative Factors
Negative shareholders' equity (2022–2025)
Sustained negative equity reflects accumulated losses and weak capitalization, restricting financial flexibility. It limits the company's ability to absorb shocks, raises creditor concerns, and typically necessitates external capital or restructuring to restore solvency over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Return to positive net income (2025)
A return to positive net income in 2025 signals the business can restore profitability after multi-year losses. This provides a base for rebuilding retained earnings and improving funding optionality if management sustains revenue and addresses operating losses at the EBIT level.
Read all positive factors

Wan Cheng Metal Packaging Company Limited (8291) vs. iShares MSCI Hong Kong ETF (EWH)

Wan Cheng Metal Packaging Company Limited Business Overview & Revenue Model

Company Description
Hong Kong Entertainment International Holdings Ltd. specializes in the production of tinplate packaging solutions. Their primary offerings consist of tin cans and steel pails, which are predominantly utilized for storing paints and various coating...
How the Company Makes Money
The company primarily makes money by selling metal packaging products to customers, generating revenue from product sales. Beyond this high-level description, specific disclosures on its detailed revenue breakdown (e.g., major product lines, custo...

Wan Cheng Metal Packaging Company Limited Financial Statement Overview

Summary
Overall financial quality is weak. Despite a 2025 return to positive net income and some revenue recovery, gross margin has compressed to ~3% and EBIT margins are negative across all years shown. The balance sheet is highly stressed with negative shareholders’ equity (2022–2025) and elevated leverage, and 2025 operating/free cash flow turned sharply negative, increasing near-term liquidity and funding risk.
Income Statement
26
Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue40.79M45.31M54.47M48.55M37.01M45.62M
Gross Profit2.09M1.26M1.77M1.45M4.08M8.95M
EBITDA2.96M-2.67M285.00K-22.08M-11.37M414.00K
Net Income4.03M3.28M-6.95M-27.04M-104.03M-54.70M
Balance Sheet
Total Assets33.89M43.97M46.70M113.65M110.19M203.28M
Cash, Cash Equivalents and Short-Term Investments16.28M20.16M13.64M33.31M36.01M22.22M
Total Debt74.57M83.64M74.57M120.75M114.38M137.21M
Total Liabilities128.25M102.30M140.30M200.99M171.65M185.02M
Stockholders Equity-94.31M-58.32M-93.56M-87.33M-61.46M18.25M
Cash Flow
Free Cash Flow21.66M-44.08M8.60M-7.30M28.18M-35.28M
Operating Cash Flow22.15M-43.28M9.08M-6.79M36.52M-24.54M
Investing Cash Flow17.44M-1.56M19.15M-1.90M-10.33M-32.37M
Financing Cash Flow-867.00K39.89M-44.78M2.44M-9.52M39.27M

Wan Cheng Metal Packaging Company Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.24
Price Trends
50DMA
0.27
Negative
100DMA
0.30
Negative
200DMA
0.28
Negative
Market Momentum
MACD
-0.02
Positive
RSI
27.90
Positive
STOCH
22.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8291, the sentiment is Negative. The current price of 0.24 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.27, and below the 200-day MA of 0.28, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 27.90 is Positive, neither overbought nor oversold. The STOCH value of 22.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8291.

Wan Cheng Metal Packaging Company Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
58
Neutral
HK$811.88M42.719.89%0.59%2.27%1.52%
50
Neutral
HK$1.07B7.865.45%11.43%-17.42%-49.02%
47
Neutral
HK$11.20M2.96-4.29%-16.84%
46
Neutral
HK$928.95M-18.20-9.29%3.20%-1.82%-127.61%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8291
Wan Cheng Metal Packaging Company Limited
0.21
-0.06
-21.35%
HK:0468
Greatview Aseptic Packaging Company
2.50
0.00
0.00%
HK:0716
Singamas Container Holdings
0.47
-0.19
-28.46%
HK:1820
Pacific Millennium Packaging Group Corp.
3.10
-0.90
-22.50%
HK:6898
China Aluminum Cans Holdings Ltd.
0.86
0.12
16.85%
HK:2603
Xiamen Jihong Co., Ltd. Class H
15.93
3.19
24.99%
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.Date of analysis: May 09, 2026