Winfull Group Holdings Limited (0183) AI Stock Analysis

• Market Cap: HK$134.93M
• Dividend Yield: N/A
• Average Volume (3M): 111.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.07
• Revenue Growth: 11.40%
• EPS Growth: -9.26%
• Country: HK
• Employees: 16
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.09
• Shares Outstanding: 566,912,540
• 10 Day Avg. Volume: 48,080
• 30 Day Avg. Volume: 111,066
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: 45 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The stock score is primarily impacted by poor financial performance and valuation metrics. Technical analysis indicators also signal weak momentum. Investment caution is advised due to financial instability and lack of profitability.

Winfull Group Holdings Limited Business Overview & Revenue Model

Company Description

Winfull Group Holdings Limited (0183) is a Hong Kong-based investment holding company primarily engaged in property development, property investment, and trading. The company is involved in the acquisition, development, and management of both residential and commercial properties. It also engages in property trading and leasing activities, providing services across various segments of the real estate market.

How the Company Makes Money

Winfull Group Holdings Limited generates revenue through multiple channels within the real estate sector. The company makes money primarily by acquiring and developing properties, which are then sold or leased to generate income. The property investment segment contributes to its earnings through rental income derived from leasing out residential and commercial properties. Additionally, the company engages in property trading, which involves buying and selling properties to capitalize on market value fluctuations. Partnerships with other real estate firms and financial institutions, as well as strategic investments, also play a role in enhancing its revenue streams.

Winfull Group Holdings Limited Financial Statement Overview

Summary

The company faces significant challenges, showing negative profit margins and consistent net losses despite a stable equity base and improved cash flow. Increasing debt levels and negative returns on equity further highlight financial stability concerns.

Income Statement

The company experienced significant fluctuations in revenue over the years, with recent revenue in 2024 increasing by about 8.1% from 2023. However, the gross profit margin is negative due to a negative gross profit in the latest year, and net profit margin is also negative, reflecting consistent net losses. EBIT and EBITDA margins are negative, indicating operational challenges.

Balance Sheet

The balance sheet shows a relatively stable equity base, with an equity ratio of 80.75% in 2024, reflecting low leverage. However, a rising debt-to-equity ratio from 0.11 in 2023 to 0.21 in 2024 may indicate increasing reliance on debt financing. The return on equity is negative due to net losses, posing risks to shareholder returns.

Cash Flow

Operating cash flow has improved in 2024 with a positive free cash flow. The operating cash flow to net income ratio is positive, indicating better cash generation relative to net income losses. Free cash flow has grown from 2023, suggesting improved financial flexibility, but the overall cash position indicates volatility.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	41.12M	38.03M	26.45M	26.76M	33.73M
Gross Profit	-16.00K	22.95M	19.70M	23.13M	26.68M
EBITDA	-36.31M	-9.35M	-15.63M	-3.08M	-62.72M
Net Income	-241.95M	-67.61M	-144.05M	36.14M	-153.38M
Balance Sheet
Total Assets	1.72B	1.84B	1.96B	2.14B	2.07B
Cash, Cash Equivalents and Short-Term Investments	252.21M	147.26M	222.55M	221.54M	144.44M
Total Debt	292.59M	184.25M	220.63M	234.71M	208.62M
Total Liabilities	331.15M	222.29M	273.48M	294.61M	272.73M
Stockholders Equity	1.39B	1.62B	1.69B	1.85B	1.80B
Cash Flow
Free Cash Flow	654.00K	4.53M	434.00K	-27.41M	12.07M
Operating Cash Flow	9.84M	6.46M	3.13M	-10.58M	26.14M
Investing Cash Flow	-84.88M	37.30M	-100.74M	49.22M	10.61M
Financing Cash Flow	102.67M	-42.89M	-7.43M	16.53M	41.71M

Winfull Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.26
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0183, the sentiment is Positive. The current price of 0.26 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.26, and above the 200-day MA of 0.17, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.91 is Neutral, neither overbought nor oversold. The STOCH value of 18.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0183.

Winfull Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3699	64 Neutral	HK$176.56M	6.44	2.58%	3.57%	-1.95%	27.31%
1663	61 Neutral	HK$174.94M	8.55	1.09%	―	105.34%	75.69%
Sector *	53 Neutral	$1.19B	3.53	-2.15%	6.00%	-3.40%	-168.65%
0183	45 Neutral	HK$134.93M	―	-12.61%	―	11.40%	-9.26%
0616	45 Neutral	HK$70.00M	―	-12.21%	―	13.11%	43.09%
0287	43 Neutral	HK$172.00M	―	-7.17%	3.26%	16.45%	21.04%

Winfull Group Holdings Limited Corporate Events

Winfull Group Holdings Enters Third Supplemental Loan Agreement

Winfull Group Holdings Limited has entered into a third supplemental loan agreement with P L Technology Limited, maintaining a revolving loan limit of HK$30,000,000. The agreement, which follows previous amendments, is designed to continue generating interest income while managing credit risks, supported by satisfactory credit assessments and the borrower’s payment history.

Winfull Group Holdings Limited Announces New Tenancy Agreements

Winfull Group Holdings Limited, through its subsidiaries, is involved in property investment and development. The company announced new tenancy agreements with iOne Translation and iOne, both associated with Mr. Pong, a controlling shareholder and executive director. The agreements, which are considered continuing connected transactions, involve office spaces in Hong Kong with specific rental terms and rent-free periods. These transactions are subject to reporting requirements but exempt from independent shareholder approval due to their scale.

Winfull Group Holdings Limited Forms Nomination Committee to Enhance Board Diversity

Winfull Group Holdings Limited has established a Nomination Committee to oversee the appointment of directors, ensuring diversity and independence within its board. The committee, composed mainly of independent non-executive directors, is tasked with maintaining fair and transparent nomination processes, meeting at least once a year to fulfill its duties.

Winfull Group Holdings Revises Loan Agreement with P L Technology

Winfull Group Holdings Limited announced a second supplemental loan agreement with P L Technology Limited, amending the terms of a previously established revolving loan. The revised agreement reduces the loan limit to HK$21,000,000 and extends the availability period for drawdown until May 2026. This strategic move is expected to generate further interest income and is supported by the borrower’s satisfactory credit assessment and repayment history.