Wing Tai Holdings Limited (W05) AI Stock Analysis

• Market Cap: S$1.07B
• Dividend Yield: 2.14%
• Average Volume (3M): 328.69K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.51
• Revenue Growth: 36.08%
• EPS Growth: 28.70%
• Country: SG
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 52
• Industry: Real Estate - Diversified
• EPS (TTM): -0.09
• Shares Outstanding: 793,927,250
• 10 Day Avg. Volume: 194,970
• 30 Day Avg. Volume: 328,693
• 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: S$1.50
• Price Target Upside: 7.14% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 51 Neutral
• Price Target: S$1.50 ▲(7.14% Upside)

The overall stock score is primarily influenced by financial performance challenges, including profitability and cash flow issues. Technical analysis shows a positive trend, but valuation concerns due to a negative P/E ratio weigh heavily on the score.

Wing Tai Holdings Limited Business Overview & Revenue Model

Company Description

Wing Tai Holdings Limited (W05) is a Singapore-based investment holding company primarily engaged in property development and management, hospitality investment and management, and retail operations. The company is recognized for its substantial presence in the residential and commercial property sectors, offering a diverse portfolio that includes luxurious private condominiums, commercial spaces, and hospitality assets. Wing Tai Holdings operates across key Asian markets, leveraging its strategic expertise in delivering high-quality real estate and lifestyle services.

How the Company Makes Money

Wing Tai Holdings Limited generates revenue primarily through its property development and management activities, which include the sale of residential and commercial properties. The company develops high-end condominiums and commercial spaces, targeting affluent consumers and businesses, which represents a significant portion of its income. Additionally, Wing Tai earns income from its hospitality investments, which include hotel operations that contribute to its revenue through room bookings, food and beverage services, and other hospitality-related services. The company also derives earnings from its retail operations, where it manages and franchises various fashion and lifestyle brands, generating sales revenue from its network of retail outlets. Strategic partnerships and joint ventures in real estate development and retail further enhance its revenue streams, allowing Wing Tai to leverage shared expertise and resources to optimize its market presence and financial performance.

Wing Tai Holdings Limited Financial Statement Overview

Summary

Wing Tai Holdings Limited shows revenue growth but faces significant profitability and cash flow challenges. The balance sheet is stable with moderate leverage, but negative return on equity and cash flow issues are concerning.

Income Statement

Wing Tai Holdings Limited has experienced a significant revenue growth rate of 25.01% in the most recent year, which is a positive indicator. However, the company is struggling with profitability, as evidenced by a negative net profit margin and declining EBIT and EBITDA margins. The gross profit margin has also decreased over time, indicating potential challenges in cost management.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio, suggesting a balanced approach to leveraging. However, the return on equity is negative, reflecting the company's current unprofitability. The equity ratio remains stable, indicating a solid asset base relative to equity.

Cash Flow

Wing Tai Holdings Limited faces challenges in cash flow management, with negative operating and free cash flows in the latest period. Although there is a slight improvement in free cash flow growth, the operating cash flow to net income ratio is negative, indicating inefficiencies in converting income into cash.

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	36.56M	79.28M	100.91M
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: 1.40
• 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 1.4 is above the 20-day moving average (MA) of 1.39, above the 50-day MA of 1.36, and above the 200-day MA of 1.25, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 55.01 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 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
Sector *	65 Neutral	$2.11B	15.89	3.79%	4.97%	4.78%	6.63%
W05	51 Neutral	S$1.07B	―	-2.10%	2.14%	36.08%	28.70%
FS8	―	€1.41B	21.54	2.22%	―	―	―
B1W1	―	€716.39M	8.85	7.43%	―	―	―
TUS	―	€236.40M	12.90	1.99%	―	―	―
ADN	―	S$1.15B	11.87	4.89%	―	―	―
H13	―	S$1.43B	9.52	4.10%	―	―	―

Wing Tai Holdings Limited Corporate Events

Wing Tai Properties Issues Profit Warning for 2024

Wing Tai Properties Limited has issued a profit warning, indicating a significant estimated loss of approximately HK$2,600 million for the year ending December 31, 2024, compared to a loss of HK$890.4 million in 2023. This anticipated loss is primarily due to adverse changes in the fair value of investment properties and financial instruments, as well as impairment provisions for properties under development. Despite these non-cash losses, the company’s overall financial, business, and trading positions remain healthy, with no impact on operating cash flow.