Wing Tai Holdings Limited (W05) AI Stock Analysis

• Market Cap: S$1.08B
• Dividend Yield: 2.1%
• Average Volume (3M): 299.75K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: 36.08%
• EPS Growth: 28.70%
• Country: SG
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): -0.09
• Shares Outstanding: 793,927,250
• 10 Day Avg. Volume: 426,000
• 30 Day Avg. Volume: 299,746
• PEG Ratio: 0.59
• Price to Book (P/B): 0.35
• Price to Sales (P/S): 4.28
• P/FCF Ratio: -2.20
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: S$1.50 ▲(4.90% Upside)

Wing Tai Holdings Limited's overall stock score is primarily influenced by its financial performance and technical analysis. The company shows strong revenue growth but struggles with profitability and cash flow issues. Technical indicators suggest positive momentum, but valuation concerns due to negative earnings weigh heavily on the score.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Wing Tai's properties and retail offerings, supporting long-term business expansion.

Balanced Leverage

Moderate leverage provides financial stability, allowing Wing Tai to invest in growth opportunities without excessive risk.

Free Cash Flow Growth

Positive free cash flow growth enhances financial flexibility, enabling reinvestment in core operations and strategic initiatives.

Negative Factors

Profitability Challenges

Negative margins reflect cost management issues, which could hinder long-term profitability and operational efficiency.

Negative Operating Cash Flow

Negative operating cash flow indicates potential liquidity issues, impacting the company's ability to sustain operations without external financing.

Negative Return on Equity

Negative ROE suggests that the company is not effectively using shareholder capital to generate profits, affecting investor confidence.

Wing Tai Holdings Limited Business Overview & Revenue Model

Company Description

Wing Tai Holdings Limited (W05) is a Singapore-based investment holding company that operates primarily in the real estate, retail, and hospitality sectors. Established in 1955, the company is known for its development and management of residential, commercial, and mixed-use properties across Asia, with significant operations in Singapore, Malaysia, and China. In addition to real estate development, Wing Tai also engages in property investment and retailing, operating several well-known fashion brands and retail outlets.

How the Company Makes Money

Wing Tai Holdings generates revenue primarily through its real estate development and property investment activities. The company earns significant income from the sale and leasing of residential and commercial properties, capitalizing on the growing demand for real estate in its key markets. Additionally, Wing Tai's retail segment contributes to its revenue through the sale of various fashion and lifestyle products, with established partnerships with international brands enhancing its market presence. The company's earnings are further supported by strategic collaborations and joint ventures in property development projects, allowing it to share risks and leverage expertise in different markets.

Wing Tai Holdings Limited Financial Statement Overview

Summary

Wing Tai Holdings Limited shows strong revenue growth but faces significant profitability challenges, with negative margins and net losses. The balance sheet is stable with moderate leverage, but negative return on equity highlights inefficiencies. Cash flow issues persist, with negative operating cash flow despite positive free cash flow growth.

Income Statement

Wing Tai Holdings Limited has experienced significant revenue growth of 25% in the most recent year, indicating strong top-line performance. However, profitability metrics such as the net profit margin and EBIT margin are negative, reflecting challenges in cost management and operational efficiency. The company has faced declining profitability over the years, with a net loss reported in the latest period.

Balance Sheet

The company's debt-to-equity ratio is moderate at 0.43, suggesting a balanced approach to leveraging. However, the return on equity is negative, indicating that the company is not generating sufficient returns on shareholders' investments. The equity ratio remains stable, reflecting a solid capital structure despite profitability challenges.

Cash Flow

Wing Tai Holdings Limited has shown a positive free cash flow growth rate, but the operating cash flow is negative, which raises concerns about the company's ability to generate cash from its core operations. The free cash flow to net income ratio is above 1, indicating that the company is generating cash flow despite reporting net losses.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	184.15M	230.21M	169.17M	476.27M	514.59M	461.40M
Gross Profit	94.80M	104.78M	98.48M	142.49M	164.57M	171.09M
EBITDA	10.91M	-3.76M	-25.94M	26.14M	187.73M	120.68M
Net Income	-89.09M	-61.00M	-78.69M	6.59M	140.16M	43.57M
Balance Sheet
Total Assets	4.28B	4.28B	3.99B	4.15B	4.26B	4.49B
Cash, Cash Equivalents and Short-Term Investments	421.80M	403.52M	605.90M	402.09M	479.02M	728.06M
Total Debt	1.08B	1.24B	810.42M	828.75M	599.87M	734.35M
Total Liabilities	1.23B	1.37B	957.03M	946.19M	750.79M	937.09M
Stockholders Equity	2.99B	2.85B	2.97B	3.14B	3.43B	3.48B
Cash Flow
Free Cash Flow	-411.86M	-447.44M	334.88M	-170.38M	91.68M	145.71M
Operating Cash Flow	-407.86M	-443.41M	339.85M	-165.54M	97.53M	149.50M
Investing Cash Flow	44.31M	-125.06M	-8.56M	34.57M	25.86M	154.62M
Financing Cash Flow	97.34M	367.15M	-104.81M	29.51M	-380.17M	-138.31M

Wing Tai Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.43
• 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 SG:W05, the sentiment is Positive. The current price of 1.43 is above the 20-day moving average (MA) of 1.42, above the 50-day MA of 1.41, and above the 200-day MA of 1.28, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.91 is Neutral, neither overbought nor oversold. The STOCH value of 53.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:W05.

Wing Tai Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
B61	73 Outperform	€1.08B	10.93	6.39%	4.80%	-42.76%	-9.23%
H13	69 Neutral	S$1.43B	9.52	4.10%	1.85%	-8.06%	―
F17	67 Neutral	€2.24B	23.96	2.22%	3.48%	4.58%	-14.92%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ADN	61 Neutral	S$1.16B	11.99	4.89%	4.51%	-6.67%	581.75%
T24	54 Neutral	€425.03M	18.09	1.99%	2.19%	-41.12%	―
W05	51 Neutral	S$1.08B	-17.75	-2.10%	2.10%	36.08%	28.70%

Wing Tai Holdings Limited Corporate Events

Wing Tai Properties Reports Interim Results Amid Economic Challenges

Wing Tai Properties Limited, a company operating in Hong Kong’s property sector, reported its interim results for the six months ended June 30, 2025. The company faced challenges due to ongoing economic uncertainties, US-China trade tensions, and weak consumption, which have pressured the property market. Despite these challenges, residential property sales showed some recovery, aided by a recovering stock market and lower HIBOR, but Grade A office rents remained under pressure due to high supply and weak demand. The company recorded a net valuation loss on investment properties and impairment provisions totaling HK$1,295 million.