Wan Leader International Limited (8482) AI Stock Analysis

• Market Cap: HK$27.85M
• Dividend Yield: N/A
• Average Volume (3M): 82.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.43
• Revenue Growth: -15.52%
• EPS Growth: 38.11%
• Country: HK
• Employees: 29
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): -0.05
• Shares Outstanding: 179,687,520
• 10 Day Avg. Volume: 210,300
• 30 Day Avg. Volume: 82,233
• PEG Ratio: 0.09
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.12
• P/FCF Ratio: -1.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: HK$0.15 ▲(15.38% Upside)

The score is primarily held down by weak financial performance—ongoing losses, declining revenue, and negative operating cash flow. Technicals provide only limited support (price above key moving averages but negative MACD), while valuation is not compelling due to loss-driven negative P/E and no dividend data.

Positive Factors

Manageable leverage

A moderate debt-to-equity ratio provides structural financial flexibility, lowering interest burden and reducing refinancing pressure during cyclical downturns. That durability supports survival and potential strategic investment without acute solvency risk, even amid operational weakness.

Lean headcount

A very small workforce implies a low fixed-cost base and operational agility, helping conserve cash and enabling quicker restructuring or outsourcing. Over a multi-month horizon this reduces cash burn and supports a capital-light scaling approach in logistics services.

Stable equity ratio

A relatively stable equity ratio signals consistency in capital structure and less likelihood of sudden dilution or aggressive leverage shifts. That steadiness aids creditor confidence and preserves access to financing options needed for longer-term recovery or investment.

Negative Factors

Declining revenue and persistent losses

Sustained revenue decline combined with recurring net losses indicates the core business is failing to grow or monetize services. Over months this erodes retained earnings, constrains reinvestment, and increases the likelihood of needing external capital or strategic restructuring to remain viable.

Negative operating cash flow

Persistent negative operating cash flow shows the company is not converting operations into cash, creating structural funding pressure. This undermines ability to service debt, invest in operations, or weather shocks, making recovery dependent on external financing or rapid operational turnaround.

Negative ROE and falling equity

A negative ROE indicates the company is destroying shareholder capital rather than creating it. Coupled with declining stockholders' equity, this erodes the balance-sheet buffer for creditors, hampers fundraising prospects, and signals persistent structural profitability issues that threaten long-term sustainability.

Wan Leader International Limited Business Overview & Revenue Model

Company Description

Wan Leader International Limited, an investment holding company, provides logistics services in Hong Kong, the People's Republic of China, Taiwan, and Vietnam. It offers freight forwarding and related logistics services, which include air freight and sea freight services; and entrusted management services for operating an online e-commerce platform. The company also provides human resources support for blue-collar workers. Wan Leader International Limited was incorporated in 2017 and is headquartered in Kwai Chung, Hong Kong.

How the Company Makes Money

Wan Leader International Limited generates revenue through several key streams, primarily by manufacturing and selling electronic components to various clients in the technology and electronics industries. The company benefits from economies of scale and a broad customer base, which includes major corporations in the telecommunications and consumer electronics sectors. Additionally, Wan Leader often enters into strategic partnerships with other technology firms to enhance its product offerings and expand its market reach. The revenue model is further supported by a focus on research and development, allowing the company to innovate and stay competitive in a rapidly evolving market.

Wan Leader International Limited Financial Statement Overview

Summary

Wan Leader International Limited faces substantial financial challenges across all verticals. The income statement shows persistent losses and declining revenues, while the balance sheet reflects moderate leverage but poor returns on equity. Cash flow issues are pronounced, with negative operating cash flow and declining free cash flow. The company needs to address operational inefficiencies and improve revenue generation to stabilize its financial position.

Income Statement

The income statement reveals significant challenges with profitability and revenue growth. Gross profit margin has been consistently low, and the company has experienced negative net profit margins over the past few years, indicating ongoing losses. Revenue has been declining, with a notable drop in the most recent year. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies and cost management issues.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, suggesting manageable leverage levels. However, the return on equity is negative, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio is relatively stable, but the declining stockholders' equity over the years is a concern.

Cash Flow

Cash flow analysis highlights significant issues with cash generation. Operating cash flow has been negative, and free cash flow has declined sharply. The operating cash flow to net income ratio is negative, indicating poor cash conversion from earnings. The free cash flow to net income ratio is positive, but this is due to negative net income rather than strong cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	193.33M	157.58M	187.19M	206.94M	674.04M	332.80M
Gross Profit	9.44M	2.22M	4.64M	2.50M	44.84M	30.76M
EBITDA	-18.54M	-22.42M	-22.86M	-23.91M	14.19M	3.42M
Net Income	-22.25M	-25.21M	-24.67M	-26.77M	9.24M	4.85M
Balance Sheet
Total Assets	51.02M	71.96M	91.91M	83.39M	134.82M	113.79M
Cash, Cash Equivalents and Short-Term Investments	9.56M	15.51M	14.82M	25.73M	44.96M	27.86M
Total Debt	7.18M	9.32M	1.59M	3.17M	5.10M	6.70M
Total Liabilities	22.20M	35.38M	33.23M	21.68M	73.46M	61.75M
Stockholders Equity	28.82M	36.58M	58.69M	61.71M	61.37M	52.44M
Cash Flow
Free Cash Flow	-3.14M	-11.54M	-34.11M	-43.54M	11.73M	7.98M
Operating Cash Flow	-2.04M	-11.54M	-32.19M	-43.49M	14.27M	8.28M
Investing Cash Flow	-2.62M	3.08M	-1.72M	-667.00K	6.49M	3.62M
Financing Cash Flow	9.29M	9.16M	23.01M	25.23M	-2.87M	-960.00K

Wan Leader International Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8482, the sentiment is Positive. The current price of 0.13 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.15, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 61.00 is Neutral, neither overbought nor oversold. The STOCH value of 65.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8482.

Wan Leader International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1442	60 Neutral	HK$660.48M	13.97	7.59%	―	13.85%	37.13%
2130	52 Neutral	HK$991.61M	33.92	5.39%	0.60%	29.11%	-49.03%
6123	45 Neutral	HK$455.61M	-7.71	-4.97%	2.25%	-35.13%	-11.52%
8489	45 Neutral	HK$106.50M	-3.76	-25.91%	―	3.45%	-339.07%
8482	42 Neutral	HK$27.85M	-1.20	-48.39%	―	-15.52%	38.11%
8292	39 Underperform	HK$388.20M	-61.02	-7.88%	―	9.79%	89.05%