Wah Wo Holdings Group Limited (9938) AI Stock Analysis

• Market Cap: HK$119.00M
• Dividend Yield: N/A
• Average Volume (3M): 201.33K
• Price to Earnings (P/E): 7.0
• Beta (1Y): 0.21
• Revenue Growth: 102.21%
• EPS Growth: N/A
• Country: HK
• Employees: 130
• Sector: Industrials
• Sector Strength: 74
• Industry: Construction
• EPS (TTM): 0.02
• Shares Outstanding: 1,000,000,000
• 10 Day Avg. Volume: 80,500
• 30 Day Avg. Volume: 201,333
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

Wah Wo Holdings Group Limited's strong financial performance, characterized by revenue growth and robust cash flow management, is the primary driver of its stock score. Technical analysis indicates positive momentum, though the high RSI suggests caution. The valuation is reasonable, but the lack of a dividend yield may deter some investors.

Wah Wo Holdings Group Limited Business Overview & Revenue Model

Company Description

Wah Wo Holdings Group Limited, an investment holding company, engages in the provision of aluminum works and related services in Hong Kong. The company offers façade works, including windows, window wall systems, curtain wall systems, and other façade members. It also provides design and build, and renovation services for various types of buildings, including residential apartments, commercial buildings, retail premises, universities, and hotels. The company's services include developing designs, conducting structural calculations, and preparing shop drawings, as well as management and coordination of various aspects of a project, which is involved in the procurement of building materials from material suppliers and/or subcontracting of installation works to its subcontractors, on-site project management, and post-project completion and maintenance services. It also trades in tools and equipment. The company was incorporated in 2018 and is headquartered in Kwai Chung, Hong Kong. Wah Wo Holdings Group Limited is a subsidiary of Ornate Bright Limited.

How the Company Makes Money

Wah Wo Holdings Group Limited generates revenue through its core business of providing fitting-out and renovation services. The company's revenue model is based on contracts secured with clients for specific projects, which can range from residential apartments to commercial offices and industrial complexes. Revenue is recognized as the company progresses through these contracts, typically based on the percentage of completion method. The company may also engage in partnerships with property developers and construction firms, contributing to its earnings through collaborative projects. Additionally, maintaining a reputation for quality and timely delivery helps in securing repeated business and referrals, further bolstering its revenue streams.

Wah Wo Holdings Group Limited Financial Statement Overview

Summary

Wah Wo Holdings Group Limited shows strong revenue growth and improved profitability. The balance sheet indicates financial stability with low leverage, and cash flow management is robust, enhancing financial health.

Income Statement

Wah Wo Holdings Group Limited has demonstrated strong revenue growth, with a significant increase in total revenue from 2024 to 2025. The gross profit margin improved notably, indicating efficient cost management. However, the net profit margin has been volatile but turned positive in 2025, reflecting improved profitability. The EBIT and EBITDA margins have also shown recovery, contributing to a more stable financial performance.

Balance Sheet

The company maintains a strong equity position with a low debt-to-equity ratio, indicating financial stability and low leverage risk. The return on equity remains positive, showing effective utilization of shareholder funds. The equity ratio is high, suggesting a solid capital structure supported by a substantial proportion of equity over total assets.

Cash Flow

Wah Wo Holdings has shown a remarkable turnaround in cash flows, with substantial free cash flow growth in 2025. The operating cash flow to net income ratio indicates strong cash generation capabilities. The company has effectively managed its capital expenditures, contributing to healthy free cash flow levels.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	482.12M	482.12M	238.43M	208.35M	223.06M	350.85M
Gross Profit	55.73M	55.73M	21.25M	25.26M	16.37M	21.38M
EBITDA	26.55M	26.35M	-58.54M	7.71M	4.28M	12.59M
Net Income	16.83M	16.83M	-55.11M	2.85M	1.42M	5.95M
Balance Sheet
Total Assets	280.37M	280.37M	269.77M	281.59M	267.75M	266.21M
Cash, Cash Equivalents and Short-Term Investments	53.21M	53.21M	31.58M	63.55M	62.78M	84.83M
Total Debt	6.34M	6.34M	10.13M	437.00K	1.73M	3.25M
Total Liabilities	73.00M	73.00M	79.14M	35.85M	24.86M	24.74M
Stockholders Equity	207.36M	207.36M	190.63M	245.75M	242.89M	241.47M
Cash Flow
Free Cash Flow	46.30M	44.45M	-10.88M	42.69M	55.23M	-72.44M
Operating Cash Flow	46.67M	44.82M	-9.95M	45.65M	55.41M	-65.86M
Investing Cash Flow	-2.84M	-21.64M	-28.61M	-43.58M	-65.94M	-25.53M
Financing Cash Flow	-958.00K	-678.00K	5.71M	-1.29M	-1.52M	-1.26M

Wah Wo Holdings Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9938, the sentiment is Positive. The current price of 0.12 is below the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.11, and above the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.57 is Neutral, neither overbought nor oversold. The STOCH value of 42.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9938.

Wah Wo Holdings Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9938	67 Neutral	HK$119.00M	7.02	8.46%	―	102.21%	―
8646	67 Neutral	HK$173.70M	2.55	11.61%	―	5.34%	43.91%
Sector *	64 Neutral	$10.75B	15.58	7.24%	2.01%	2.80%	-14.32%
1937	62 Neutral	HK$270.00M	132.50	0.58%	―	-10.27%	-84.38%
1653	55 Neutral	HK$116.49M	―	-2.40%	―	-10.76%	-193.75%
1897	52 Neutral	HK$172.94M	19.14	1.73%	3.06%	-31.70%	-19.86%
1592	43 Neutral	HK$67.56M	―	-102.44%	―	1.43%	-83.96%

Wah Wo Holdings Group Limited Corporate Events

Wah Wo Holdings Announces AGM and Key Resolutions

Wah Wo Holdings Group Limited has announced its upcoming Annual General Meeting (AGM) to be held on August 22, 2025, in Hong Kong. Key agenda items include the adoption of the audited financial statements for the year ending March 31, 2025, re-election of directors, re-appointment of the independent auditor, and authorization for the board to manage share allotments and related financial instruments. These resolutions aim to ensure continued governance and financial management, potentially impacting shareholder value and company operations.

Wah Wo Holdings Group Limited Announces Annual Results for 2025

Wah Wo Holdings Group Limited has announced its audited consolidated annual results for the year ended 31 March 2025. The results have been reviewed by the company’s audit committee and will be made available to shareholders and on relevant websites. This announcement signifies the company’s compliance with the listing requirements of the Hong Kong Stock Exchange and provides stakeholders with insights into the company’s financial performance and governance.

Wah Wo Holdings Projects Positive Profit Turnaround

Wah Wo Holdings Group Limited has announced a positive profit alert, expecting a net profit between HK$15.7 million and HK$17.7 million for the year ending March 31, 2025, compared to a net loss of HK$55.1 million in 2024. This turnaround is attributed to increased revenue and gross profits from ongoing projects and a reversal of impairment loss allowance, indicating improved financial health and operational success.

Wah Wo Holdings Group Announces Board Meeting for Annual Results

Wah Wo Holdings Group Limited has announced a board meeting scheduled for June 30, 2025, to consider and approve the annual results for the year ended March 31, 2025, and to discuss the potential declaration of a final dividend. This meeting is significant as it will determine the company’s financial performance and shareholder returns, impacting its market positioning and stakeholder interests.