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Wong's Kong King International (Holdings) Limited (HK:0532)
:0532
Hong Kong Market
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Wong's Kong King International (Holdings) Limited (0532) AI Stock Analysis

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HK:0532

Wong's Kong King International (Holdings) Limited

(0532)

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Neutral 44 (OpenAI - Gpt-5.6Sol)
Rating:44Neutral
Price Target:
HK$0.29
▼(-9.06% Downside)
Action:Reiterated
Date:10/16/26
The score is primarily weighed down by weak and unstable profitability (loss-making in 2023–2025) and bearish technical conditions (price below key moving averages, negative MACD, oversold momentum readings). These are partially offset by manageable leverage and generally positive operating/free cash flow in recent years, but the negative earnings and lack of dividend data limit valuation support.
Positive Factors
Manageable Leverage
Manageable leverage provides the company with more financial flexibility than a highly indebted balance sheet would allow. Substantial equity relative to assets can help absorb operating volatility and preserve capacity to fund working capital or recovery initiatives over the next several quarters.
Negative Factors
Persistent Losses
Losses across three consecutive years indicate that the current business model is not consistently converting activity into shareholder returns. Thin 2025 margins leave little buffer against further operating pressure and make a durable earnings recovery dependent on continued improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable Leverage
Manageable leverage provides the company with more financial flexibility than a highly indebted balance sheet would allow. Substantial equity relative to assets can help absorb operating volatility and preserve capacity to fund working capital or recovery initiatives over the next several quarters.
Read all positive factors

Wong's Kong King International (Holdings) Limited (0532) vs. iShares MSCI Hong Kong ETF (EWH)

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

Company Description
Wong's Kong King International (Holdings) Limited functions as an investment holding company, primarily involved in the trade and distribution of a diverse range of chemicals, materials, and specialized equipment essential for manufacturing printe...

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

Summary
Financials are held back by weak profitability: the company has been loss-making in 2023–2025 with thin 2025 margins, despite improvement versus 2024. The balance sheet is reasonably supported with manageable leverage (debt-to-equity ~0.42–0.53), and cash flow is a relative bright spot with positive operating/free cash flow in 2023–2025 even while net income was negative, though cash flow has been inconsistent over time and trended down into 2025.
Income Statement
32
Negative
Balance Sheet
58
Neutral
Cash Flow
55
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue3.54B3.67B3.45B3.65B4.61B5.41B
Gross Profit244.90M236.70M761.36M177.81M1.07B1.09B
EBITDA87.38M139.96M-53.32M44.06M222.76M206.42M
Net Income-46.62M-55.32M-190.16M-132.78M71.76M72.01M
Balance Sheet
Total Assets3.31B2.99B2.91B3.15B3.72B3.75B
Cash, Cash Equivalents and Short-Term Investments732.72M614.34M572.52M561.76M748.13M713.93M
Total Debt653.58M664.74M639.01M664.42M923.39M613.45M
Total Liabilities1.70B1.56B1.42B1.48B1.86B1.89B
Stockholders Equity1.48B1.35B1.40B1.58B1.75B1.76B
Cash Flow
Free Cash Flow219.27M68.36M101.02M217.03M-171.40M-21.99M
Operating Cash Flow228.83M79.36M135.11M245.24M-149.66M22.86M
Investing Cash Flow4.92M-31.73M-13.01M-3.60M-48.07M-26.16M
Financing Cash Flow-118.59M8.84M-120.08M-410.30M241.50M91.45M

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

Technical Analysis Sentiment
Negative
Last Price0.32
Price Trends
50DMA
0.30
Negative
100DMA
0.34
Negative
200DMA
0.35
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
45.03
Neutral
STOCH
69.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0532, the sentiment is Negative. The current price of 0.32 is above the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.30, and below the 200-day MA of 0.35, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.03 is Neutral, neither overbought nor oversold. The STOCH value of 69.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0532.

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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
HK$18.18B10.6628.59%1.67%14.86%28.59%
66
Neutral
HK$5.38B3.1322.89%12.21%31.14%215.73%
65
Neutral
HK$49.12B18.886.40%0.82%4.29%-49.39%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
50
Neutral
HK$23.77B18.736.00%2.29%11.05%6.56%
44
Neutral
HK$204.37M-4.38-3.30%9.01%-1.35%60.16%
43
Neutral
HK$604.67M24.283.04%3.73%2.52%8.73%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0532
Wong's Kong King International (Holdings) Limited
0.28
>-0.01
-1.75%
HK:0285
BYD Electronic (International) Co
21.80
-14.48
-39.92%
HK:1478
Q Technology (Group) Co
4.50
-8.54
-65.48%
HK:1415
Cowell e Holdings Inc.
20.90
-9.64
-31.57%
HK:0040
Gold Peak Technology Group Limited
0.67
-0.02
-3.60%
HK:6088
FIT Hon Teng Limited
3.35
-2.48
-42.54%

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

Wong’s Kong King Signs HK$41.9 Million Office Lease in Kwun Tong
Oct 30, 2026
Wong’s Kong King International (Holdings) Limited, a Bermuda-incorporated company listed in Hong Kong, operates through subsidiaries that maintain commercial offices in the city to support its diversified industrial and electronics-focused a...
Wong’s Kong King Flags Sharp Revenue Drop at Taiwan Unit in September
Oct 8, 2026
Wong’s Kong King International (Holdings) Limited has issued an overseas regulatory announcement relaying monthly sales data for its associated listed company Taiwan Kong King Co., Ltd., as required under Hong Kong listing rules. The disclos...
Wong’s Kong King Wins HKEX Waiver for Delayed Land Acquisition Circular
Sep 15, 2026
Wong’s Kong King International (Holdings) Limited, an investment holding company listed on the Hong Kong Stock Exchange with diversified industrial operations, continues to develop its asset base through major transactions including property...
Wong’s Kong King Highlights Taiwan Subsidiary’s IFRS Sales Surge in August
Sep 8, 2026
Wong’s Kong King International (Holdings) Limited has issued an overseas regulatory announcement under Hong Kong listing rules, highlighting the corporate governance lineup of its board and disclosing that its Taiwan-listed subsidiary Taiwan...
Wong’s Kong King Secures Shareholder Backing for NT$360 Million Land Acquisition
Aug 25, 2026
Wong’s Kong King International (Holdings) Limited has agreed, through a direct non-wholly owned subsidiary, to acquire a parcel of land for NT$360 million, or about HK$90 million. The deal is structured as a major transaction under Hong Kong...
Wong’s Kong King returns to interim profit amid lower revenue and higher tax burden
Aug 24, 2026
Wong’s Kong King International (Holdings) Limited reported unaudited interim results for the six months ended 30 June 2026, with group revenue declining to HK$1.69 billion from HK$1.82 billion a year earlier, reflecting softer demand and cha...
Wong’s Kong King Flags 38% Profit Drop at Taiwan Subsidiary
Aug 12, 2026
Wong’s Kong King International (Holdings) Limited reported that its 67%-owned subsidiary, Taiwan Kong King Co., Ltd., posted unaudited consolidated profit after tax of NT$59.0 million (HK$14.6 million) for the six months ended 30 June 2026. ...
Wong’s Kong King Sets August Board Meeting to Approve Interim Results
Aug 11, 2026
Wong’s Kong King International (Holdings) Limited has scheduled a board meeting for 24 August 2026 to approve its interim results for the six months ended 30 June 2026. The directors will also consider whether to declare an interim dividend,...
Wong’s Kong King Reports July Sales Rise but Year-to-Date Revenue Down at Taiwan Unit
Aug 10, 2026
Wong’s Kong King International (Holdings) Limited has issued an overseas regulatory announcement relaying July 2026 sales data from its associated listed entity, Taiwan Kong King Company Limited, under International Financial Reporting Stand...
Wong’s Kong King Founder Moves to Honorary Chairman in Governance Reshuffle
Aug 3, 2026
Wong’s Kong King International (Holdings) Limited has appointed its long-serving chairman and founder, 83-year-old Mr. Wong Senta, as honorary chairman and re-designated him as a non-executive director effective 3 August 2026, recognizing hi...
Wong’s Kong King Updates Board Roles and Committee Structure
Aug 3, 2026
Wong’s Kong King International (Holdings) Limited has disclosed an updated list of its directors and their respective roles, highlighting a governance framework led by Honorary Chairman Wong Senta, Deputy Chairman and CEO Wong Ava, Deputy Ch...
Wong’s Kong King shifts Bermuda registered office with no change to share registrars
Aug 3, 2026
Wong’s Kong King International (Holdings) Limited has announced a change of its registered office address in Bermuda, effective 3 August 2026, relocating to Richmond House on Par-la-Ville Road in Hamilton. The move does not affect the compan...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 16, 2026