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Wang On Group Limited (1222) AI Stock Analysis
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Wang On Group Limited
(HKEX:1222)
The score is driven primarily by weak financial performance (recent large losses and high leverage), only partly offset by improved recent cash flow. Technicals add further downside bias with the stock below major moving averages and a negative MACD, while valuation remains hard to assess positively due to a negative P/E and no dividend support.
Wang On Group Limited (1222) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 224.62M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.66M
- Price to Earnings (P/E)
- -0.3
- Beta (1Y)
- 0.21
- Revenue Growth
- -3.98%
- EPS Growth
- 12.75%
- Country
- Hong Kong
- Employees
- 1,631
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Real Estate - Development
Wang On Group Limited Business Overview & Revenue Model
Company Description
Wang On Group Limited, an investment holding company, primarily engages in the property development and investment activities in Hong Kong, Mainland China, Macau, and internationally. It operates through Property Development, Property Investment, Fre...
How the Company Makes Money
Wang On Group Limited generates revenue mainly from its property businesses. Key revenue streams typically include (1) proceeds from property development, recognized when developed properties are sold; and (2) rental income from investment properties...
Wang On Group Limited Financial Statement Overview
Summary
Financial performance is pressured: profitability has deteriorated with sizable net losses in 2025–2026 and negative operating profit, and leverage remains elevated (debt above equity). The main offset is materially improved operating cash flow and free cash flow in 2025–2026, which supports near-term liquidity but is volatile and mismatched versus earnings.
Income Statement
24NegativeBalance Sheet
40NegativeCash Flow
56Neutral| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.63B | 2.63B | 2.74B | 1.98B | 3.60B | 1.86B |
| Gross Profit | 640.73M | 595.90M | 808.76M | 823.64M | 1.22B | 907.10M |
| EBITDA | -235.38M | -312.83M | -705.81M | -376.63M | 533.79M | 174.49M |
| Net Income | -804.37M | -804.37M | -922.43M | -753.85M | 12.78M | -305.23M |
Balance Sheet | ||||||
| Total Assets | 12.00B | 12.00B | 13.73B | 17.58B | 18.39B | 20.06B |
| Cash, Cash Equivalents and Short-Term Investments | 1.22B | 1.22B | 796.09M | 1.33B | 1.75B | 1.96B |
| Total Debt | 4.36B | 4.36B | 5.29B | 7.11B | 7.05B | 7.63B |
| Total Liabilities | 6.42B | 6.42B | 6.95B | 9.46B | 9.01B | 10.46B |
| Stockholders Equity | 3.62B | 3.62B | 4.33B | 5.27B | 5.92B | 5.99B |
Cash Flow | ||||||
| Free Cash Flow | 954.66M | 954.66M | 1.13B | -206.60M | 491.96M | -2.21B |
| Operating Cash Flow | 982.77M | 982.77M | 1.18B | -174.67M | 549.19M | -2.13B |
| Investing Cash Flow | -8.28M | -8.28M | 656.19M | 433.31M | 423.84M | 2.42B |
| Financing Cash Flow | -550.36M | -550.36M | -2.32B | -358.94M | -1.01B | -444.62M |
Wang On Group Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1222, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 42.37 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1222.
Wang On Group Limited Peers Comparison
Overall Rating
HK:002563Neutral
HK:020249Neutral
HK:128246.5Neutral
HK:013246Neutral- HK:122245Neutral
HK:270044Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:0025 | 63Neutral | HKD 1.36B | 3.24 | 4.37% | 6.67% | -11.27% | ― |
| HK:0202 | 49Neutral | HKD 539.78M | -8.04 | -6.69% | ― | 17.70% | -67.27% |
| HK:1282 | 47Neutral | HKD 385.00M | -4.12 | -1.06% | ― | -19.90% | 73.76% |
| HK:0132 | 46Neutral | HKD 239.73M | 20.29 | 0.97% | 4.14% | 6.83% | 360.00% |
| HK:1222 | 45Neutral | HKD 224.62M | -0.33 | -21.05% | ― | -3.98% | 12.75% |
| HK:2700 | 44Neutral | HKD 395.94M | -333.33 | -3.22% | ― | -7.37% | 58.14% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1222 | Wang On Group Limited | 0.02 | -0.01 | -29.63% | |
| HK:0202 | EverChina Int'l Holdings Company Ltd | 0.07 | -0.07 | -47.14% | |
| HK:1282 | Glory Sun Financial Group Limited | 0.08 | -0.09 | -53.05% | |
| HK:0025 | Chevalier International Holdings Limited | 4.50 | 0.86 | 23.66% | |
| HK:2700 | Green International Holdings Limited | 0.60 | 0.12 | 25.00% | |
| HK:0132 | China Investments Holdings Limited | 0.14 | -0.09 | -39.13% |
Wang On Group Limited Corporate Events
Wang On Group Unit Seals RMB20 Million Sale-and-Leaseback Financing
Wang On Group’s subsidiary Kaifeng Hongjin has entered into a sale-and-leaseback agreement with Jiangsu Financial, selling certain leased assets for RMB20 million, equivalent to about HK$23.43 million. The arrangement runs for 24 months and is...
Wang On Group Secures Three-Year Renewal of Tin Yan Estate Market Lease
Wang On Group’s board has approved the renewal of a tenancy agreement for the Single Operator Market and Shop 2 at Tin Yan Shopping Centre in Tin Shui Wai, New Territories, securing the premises for a three-year term from 1 October 2026 to 30 S...
Wang On Group Shareholders Approve Disposal of Target Company
Wang On Group Limited, a Bermuda-incorporated investment holding company listed in Hong Kong under stock code 1222, has diversified interests including healthcare and pharmaceutical-related operations through Wai Yuen Tong Medicine Holdings Limited....
Wang On Group Seeks Shareholder Nod for Shenzhen Asset Disposal and Guarantee Deal
Wang On Group Limited has called a special general meeting for 11 September 2026 in Hong Kong to seek shareholder approval of a conditional sale and purchase agreement and a related guarantee arrangement. The deal involves the disposal of the entire...
Wang On Group AGM Backs Governance Mandates But Rejects Re-Election of Director
Wang On Group Limited reported the poll results of its annual general meeting held on 19 August 2026, where shareholders overwhelmingly approved the adoption of the 2026 financial statements, the re-election of chairman Mr. Tang Ching Ho and director...
Wang On Group Sets Out Board and Committee Roles to Bolster Governance
Wang On Group Limited has detailed its board composition and committee structure, confirming a mix of executive and independent non-executive directors. The board is led by Chairman Mr. Tang Ching Ho, with Ms. Stephanie as an executive director and t...
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 29, 2026