Wong's Kong King International (Holdings) Limited (0532) AI Stock Analysis

• Market Cap: HK$208.02M
• Dividend Yield: N/A
• Average Volume (3M): 69.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: 6.32%
• EPS Growth: 28.39%
• Country: HK
• Employees: 3,880
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -0.01
• Shares Outstanding: 729,897,950
• 10 Day Avg. Volume: 96,800
• 30 Day Avg. Volume: 69,133
• PEG Ratio: -0.03
• Price to Book (P/B): 0.16
• Price to Sales (P/S): 0.06
• P/FCF Ratio: 2.17
• 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: 45 Neutral
• Price Target: HK$0.50 ▲(66.67% Upside)

The overall stock score is primarily impacted by weak financial performance and valuation concerns. The company's declining revenues, negative earnings, and cash flow difficulties are significant risks. Technical analysis indicates bearish market sentiment, further weighing down the score. The lack of earnings call insights and corporate events means these factors do not influence the score.

Wong's Kong King International (Holdings) Limited Business Overview & Revenue Model

Company Description

Wong's Kong King International (Holdings) Limited (0532) is a Hong Kong-based investment holding company primarily engaged in the trading and distribution of electronic components and equipment. The company operates through a diversified portfolio of businesses, including the manufacturing of electronic components, the distribution of IT products and services, and the provision of total solutions in the electronics manufacturing industry. WKK serves a wide range of industries, including telecommunications, information technology, automotive, and consumer electronics, providing innovative solutions and high-quality products to its global clientele.

How the Company Makes Money

Wong's Kong King International (Holdings) Limited generates revenue through its core business of trading and distributing electronic components and equipment. The company's revenue streams include sales of electronic components, IT products, and related services. WKK leverages its extensive distribution network and strong relationships with manufacturers and suppliers to offer a comprehensive range of products to its clients. Additionally, the company provides value-added services such as design, engineering, and logistics support, enhancing its revenue potential. Strategic partnerships with leading technology companies and a focus on expanding its service offerings further contribute to its financial performance.

Wong's Kong King International (Holdings) Limited Financial Statement Overview

Summary

Wong's Kong King International is facing financial headwinds, characterized by declining revenues and profitability. The company's balance sheet remains relatively stable, but increased leverage and negative earnings raise red flags. Cash flow difficulties further stress the financial position, suggesting the need for strategic realignment to improve financial health.

Income Statement

The company's revenue has been on a declining trend over recent years, with a significant drop from 2020 to 2024. The gross profit margin has decreased, indicating a squeeze in profitability. Net income has turned negative, leading to weak net profit margins. However, EBITDA margin shows some resilience, albeit still negative, suggesting challenges in operational efficiency.

Balance Sheet

The balance sheet reflects a stable equity base, but the debt-to-equity ratio has increased, presenting potential leverage concerns. Return on equity has turned unfavorable due to negative net income. The equity ratio remains stable, indicating a balanced asset financing structure.

Cash Flow

The cash flow position is concerning, with operating cash flow turning negative in recent periods. Free cash flow shows volatility and lacks consistency, impacting financial flexibility. The lack of positive cash flow metrics highlights potential liquidity risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.59B	3.45B	3.65B	4.61B	5.41B	4.72B
Gross Profit	815.71M	761.36M	177.81M	1.07B	1.09B	999.50M
EBITDA	5.17M	-74.48M	44.06M	222.76M	206.42M	221.59M
Net Income	-117.11M	-190.16M	-132.78M	71.76M	72.01M	101.19M
Balance Sheet
Total Assets	3.14B	2.91B	3.15B	3.72B	3.75B	3.29B
Cash, Cash Equivalents and Short-Term Investments	682.81M	572.52M	561.76M	748.13M	713.93M	637.75M
Total Debt	746.77M	639.01M	664.42M	923.39M	613.45M	406.20M
Total Liabilities	1.67B	1.42B	1.48B	1.86B	1.89B	1.49B
Stockholders Equity	1.39B	1.40B	1.58B	1.75B	1.76B	1.71B
Cash Flow
Free Cash Flow	108.48M	101.02M	217.03M	-171.40M	-21.99M	432.94M
Operating Cash Flow	137.21M	135.11M	245.24M	-149.66M	22.86M	485.16M
Investing Cash Flow	-7.44M	-13.01M	-3.60M	-48.07M	-26.16M	-30.89M
Financing Cash Flow	-300.79M	-120.08M	-410.30M	241.50M	91.45M	-316.18M

Wong's Kong King International (Holdings) Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0532, the sentiment is Positive. The current price of 0.3 is above the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.30, and above the 200-day MA of 0.26, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 61.20 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0532.

Wong's Kong King International (Holdings) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1480	77 Outperform	HK$290.40M	6.96	5.64%	4.76%	-16.27%	-36.15%
0833	72 Outperform	HK$321.68M	4.74	9.83%	8.96%	0.64%	-26.43%
1305	65 Neutral	HK$169.19M	3.30	5.63%	―	1.72%	41.27%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
0894	59 Neutral	HK$369.08M	38.69	0.63%	0.60%	5.72%	-57.39%
0532	45 Neutral	HK$208.02M	-1.78	-8.12%	―	6.32%	28.39%

Wong's Kong King International (Holdings) Limited Corporate Events

Wong’s Kong King International Announces Change in Company Secretary

Wong’s Kong King International (Holdings) Limited has announced a change in its company secretary position. Ms. Siu On Chin Angie has resigned, and Ms. Chow Man Ngan has been appointed as the new company secretary, effective from October 13, 2025. The company expressed gratitude to Ms. Siu for her contributions and welcomed Ms. Chow, who is a fellow member of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the UK.

The most recent analyst rating on (HK:0532) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Wong’s Kong King International (Holdings) Limited stock, see the HK:0532 Stock Forecast page.

Wong’s Kong King Subsidiary Reports Mixed Revenue Results for September 2025

Taiwan Kong King Company Limited, a subsidiary of Wong’s Kong King International, reported a significant decrease of 46.06% in net sales revenue for September 2025 compared to the previous year. However, the cumulative revenue for the year increased by 87.79%, attributed to a rise in machinery and equipment sales, indicating a strategic shift or growth in this sector.

The most recent analyst rating on (HK:0532) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Wong’s Kong King International (Holdings) Limited stock, see the HK:0532 Stock Forecast page.

Wong’s Kong King Reports Strong Revenue Growth in August 2025

Wong’s Kong King International (Holdings) Limited announced a significant increase in sales revenue for August 2025, attributed mainly to a rise in machinery and equipment sales. Despite a 14.96% decrease in net sales revenue compared to the same month last year, the accumulated revenue for the current year showed a substantial 134.16% increase, highlighting strong market performance and potential positive implications for stakeholders.

The most recent analyst rating on (HK:0532) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Wong’s Kong King International (Holdings) Limited stock, see the HK:0532 Stock Forecast page.

Wong’s Kong King Reports Improved Interim Results Amid Revenue Growth

Wong’s Kong King International (Holdings) Limited reported its unaudited interim results for the first half of 2025, showing a revenue increase to HK$1,817,904,000 from HK$1,673,274,000 in the same period of 2024. Despite the revenue growth, the company recorded a net loss of HK$3,411,000, a significant improvement from the HK$81,635,000 loss in the previous year, indicating a positive shift in operational performance.

The most recent analyst rating on (HK:0532) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Wong’s Kong King International (Holdings) Limited stock, see the HK:0532 Stock Forecast page.

Wong’s Kong King International Announces Upcoming Board Meeting for Interim Results

Wong’s Kong King International (Holdings) Limited has announced that its board of directors will hold a meeting on August 29, 2025, to approve the interim results for the first half of the year ending June 30, 2025, and to consider the payment of an interim dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting stakeholders’ expectations and the company’s market positioning.

Wong’s Kong King Reports Over 200% Profit Surge in H1 2025

Wong’s Kong King International (Holdings) Limited announced that its subsidiary, Taiwan Kong King Company Limited, reported a substantial increase in profit after tax for the first half of 2025, with a 207.02% rise compared to the same period in 2024. This financial performance highlights the company’s strong operational efficiency and market positioning, potentially enhancing its attractiveness to investors and stakeholders.

Wong’s Kong King Reports Significant Revenue Growth in July 2025

Wong’s Kong King International (Holdings) Limited announced a significant increase in sales revenue for July 2025, with a 190.98% rise compared to the same month last year, largely driven by increased sales of machinery and equipment. The company’s accumulated revenue for the year also showed a substantial increase of 161.47%, indicating strong market performance and potential positive implications for stakeholders.

Wong’s Kong King Reports Significant Reduction in Loss for H1 2025

Wong’s Kong King International (Holdings) Limited announced a significant reduction in its net loss for the first half of 2025, with a narrowing of approximately 87% compared to the same period in 2024. The improvement in financial performance is attributed to increased turnover in its Trading and Distribution Division, effective cost reduction in its OEM Manufacturing Division, and a decrease in net financing costs due to lower interest rates.