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Wang On Properties Ltd. (1243) AI Stock Analysis
Wang On Properties Ltd.
(HKEX:1243)
The score is primarily constrained by weak profitability, volatile revenue, and balance-sheet leverage. Improving cash flow provides meaningful support, but technical conditions are weak and the negative P/E with no provided dividend yield limits valuation support.
Wang On Properties Ltd. (1243) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 410.40M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.21M
- Price to Earnings (P/E)
- -0.4
- Beta (1Y)
- 0.26
- Revenue Growth
- 11.33%
- EPS Growth
- 6.38%
- Country
- Hong Kong
- Employees
- 156
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Development
Wang On Properties Ltd. Business Overview & Revenue Model
Company Description
Wang On Properties Limited operates as an investment holding firm, primarily concentrating on the acquisition, construction, and sale of commercial and residential real estate throughout Hong Kong. The company's operations are divided into three core...
How the Company Makes Money
The company primarily makes money through (1) property development sales—developing real estate projects and recognizing revenue when completed units or properties are sold; (2) property investment income—earning recurring rental income from investme...
Wang On Properties Ltd. Financial Statement Overview
Summary
Cash flow is positive and improving, but loss-making operations, sharply weaker revenue, negative gross margin, leverage near 1.1x debt to equity, and declining equity materially constrain the financial profile.
Income Statement
28NegativeBalance Sheet
46NeutralCash Flow
64Positive| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.40B | 1.40B | 1.25B | 297.89M | 1.99B | 38.86M |
| Gross Profit | -91.39M | -67.14M | 139.23M | 59.77M | 316.25M | 15.54M |
| EBITDA | -379.46M | -858.08M | -781.64M | -540.08M | 42.79M | -62.37M |
| Net Income | -914.29M | -914.29M | -976.89M | -733.28M | 211.07M | 285.08M |
Balance Sheet | ||||||
| Total Assets | 5.57B | 5.57B | 7.27B | 9.89B | 9.75B | 10.61B |
| Cash, Cash Equivalents and Short-Term Investments | 561.99M | 561.99M | 393.95M | 766.31M | 889.95M | 976.27M |
| Total Debt | 2.88B | 2.88B | 3.47B | 4.72B | 4.21B | 4.58B |
| Total Liabilities | 3.26B | 3.26B | 3.85B | 5.44B | 4.46B | 5.42B |
| Stockholders Equity | 2.57B | 2.57B | 3.48B | 4.45B | 5.27B | 5.17B |
Cash Flow | ||||||
| Free Cash Flow | 749.42M | 920.72M | 918.14M | -724.49M | 329.63M | -3.04B |
| Operating Cash Flow | 750.18M | 921.48M | 918.24M | -724.14M | 347.81M | -3.03B |
| Investing Cash Flow | -1.10M | 90.01M | 328.45M | 410.14M | 327.05M | 3.42B |
| Financing Cash Flow | -611.11M | -873.52M | -1.62B | 428.50M | -897.30M | -377.90M |
Wang On Properties Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1243, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 47.70 is Neutral, neither overbought nor oversold. The STOCH value of 152.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1243.
Wang On Properties Ltd. Peers Comparison
Overall Rating
HK:181345Neutral- HK:124344Neutral
HK:289242Neutral
HK:232940Underperform
HK:368839Underperform
HK:177738Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| HK:1813 | 45Neutral | HKD 310.90M | -0.07 | -330.41% | ― | -48.10% | -106.59% |
| HK:1243 | 44Neutral | HKD 410.40M | -0.45 | -32.31% | ― | 11.33% | 6.38% |
| HK:2892 | 42Neutral | HKD 453.75M | -29.84 | -2.31% | ― | -30.38% | 76.05% |
| HK:2329 | 40Underperform | HKD 413.33M | -0.18 | -24.20% | ― | -58.34% | -39.05% |
| HK:3688 | 39Underperform | HKD 206.26M | -0.08 | -83.92% | ― | -38.81% | -39.14% |
| HK:1777 | 38Underperform | HKD 101.78M | 0.00 | 40.42% | ― | -15.90% | -27.09% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1243 | Wang On Properties Ltd. | 0.03 | -0.01 | -27.03% | |
| HK:1813 | KWG Group Holdings | 0.10 | -0.16 | -62.35% | |
| HK:2329 | Guorui Properties Ltd | 0.09 | -0.04 | -29.69% | |
| HK:1777 | Fantasia Holdings Group Co. Ltd. | 0.03 | -0.42 | -94.00% | |
| HK:2892 | Million Cities Holdings Ltd. | 0.60 | 0.23 | 63.51% | |
| HK:3688 | Top Spring International Holdings Limited | 0.14 | -0.29 | -66.51% |
Wang On Properties Ltd. Corporate Events
Wang On Properties Posts HK$1.89 Billion in Preliminary Six-Month Contracted Sales
Wang On Properties Limited reported that, for the six months ended 30 September 2026, the group and its joint ventures achieved unaudited contracted sales of about HK$1,894.4 million, covering roughly 68,528 square feet of saleable area. For the quar...
Wang On Properties Wins Strong Shareholder Backing at 2026 AGM
Wang On Properties Limited, a Hong Kong-listed property developer and investment company, operates with a board of executive and independent non-executive directors under the city’s real estate and corporate governance framework. Its business i...
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: Nov 01, 2026