TipRanks
Go Ultimate55% OFF

Wison Engineering Services Co., Ltd. (2236) AI Stock Analysis

HK:2236

Wison Engineering Services Co., Ltd.

(HKEX:2236)

Select Model
Rating:59Neutral
Price Target:HKD 0.47â–²(8.14% Upside)
Action:reiterated
Date:10/24/26

The overall score is supported by improving profitability, revenue growth, positive equity returns, and lower leverage. However, sharply negative operating cash flow and weak technical positioning materially limit the outlook, while valuation is only moderate.

Positive Factors
Return to ProfitabilityThe return to positive net income after losses in 2022–2023 indicates that the business has regained basic earnings capacity. Maintaining profitability through 2025 provides a foundation for continued operations, although the modest margin means the recovery is not yet fully resilient.
Negative Factors
Sharp Revenue ContractionA 73.3% revenue decline indicates substantial instability in the company’s project flow and top-line base. Such contraction can reduce operating leverage, weaken resource utilization, and make future earnings more dependent on the timing and completion of individual contracts rather than a steadily expanding revenue stream.

Wison Engineering Services Co., Ltd. (2236) vs. iShares MSCI Hong Kong ETF (EWH)

-20%0%20%40%60%80%100%HK:2236+13.16%EWH+8.19%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
HKD 1.69B
Dividend Yield
―
Average Volume (3M)
427.16K
Price to Earnings (P/E)
16.4
Beta (1Y)
0.59
Revenue Growth
-14.03%
EPS Growth
-62.71%
Country
Hong Kong
Employees
1,250
Sector
Industrials
Sector Strength
63
Industry
Engineering & Construction

Wison Engineering Services Co., Ltd. Business Overview & Revenue Model

Company Description

Operating as an investment holding company, Wison Engineering Services Co. Ltd. delivers specialized services in chemical engineering, procurement, and construction management (EPCM) across a global footprint, encompassing Mainland China, the United...

How the Company Makes Money

The company primarily makes money by providing engineering and project-related services to clients that develop or upgrade energy and process-industry facilities. Revenue is generally generated through customer contracts that pay for (1) engineering...

Wison Engineering Services Co., Ltd. Financial Statement Overview

Summary

Revenue growth, positive net income, improving margins, positive ROE, and reduced leverage support the score. These strengths are offset by negative 2025 operating cash flow, cash-flow volatility, and historical operating losses.

Income Statement

68Positive

Balance Sheet

75Positive

Cash Flow

52Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue6.20B7.60B5.65B3.84B4.66B6.28B
Gross Profit570.73M607.19M445.22M227.20M-208.30M458.80M
EBITDA111.72M99.89M-992.31M-13.04M-982.04M-60.68M
Net Income90.91M142.39M141.63M-196.12M-1.19B-92.61M
Balance Sheet
Total Assets9.53B10.13B12.29B9.46B8.94B10.10B
Cash, Cash Equivalents and Short-Term Investments3.08B3.42B4.07B1.14B750.88M1.01B
Total Debt1.02B903.61M1.12B1.12B1.22B1.19B
Total Liabilities6.67B7.27B9.64B7.01B6.37B6.45B
Stockholders Equity2.88B2.88B2.67B2.46B2.59B3.65B
Cash Flow
Free Cash Flow-879.66M-966.22M3.06B628.81M-598.64M226.57M
Operating Cash Flow-853.19M-958.79M3.08B651.54M-594.91M256.48M
Investing Cash Flow279.21M335.45M-703.68M-10.57M39.77M-4.39M
Financing Cash Flow205.44M-185.80M-51.51M-163.98M-2.77M217.29M

Wison Engineering Services Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price0.43

Price Trends

50DMA0.46Negative
100DMA0.47Negative
200DMA0.49Negative

Market Momentum

MACD-0.01Positive
RSI42.17Neutral
STOCH44.44Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2236, the sentiment is Negative. The current price of 0.43 is below the 20-day moving average (MA) of 0.46, below the 50-day MA of 0.46, and below the 200-day MA of 0.49, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 42.17 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2236.

Wison Engineering Services Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:2236 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:3311HK:331174OutperformHKD 45.85B5.3510.83%7.09%-14.20%-12.79%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
HK:2236HK:223659NeutralHKD 1.75B16.383.16%―-14.03%-62.71%
HK:2386HK:238653NeutralHKD 23.66B13.004.87%6.96%14.07%-35.89%
HK:2068HK:206846NeutralHKD 12.63B49.226.12%―-5.74%187.89%
HK:3996HK:399643NeutralHKD 104.28B18.624.43%3.85%-0.79%-32.91%
HK:1618HK:161842NeutralHKD 55.37B67.010.62%4.83%-17.69%-74.52%

* Industrials Sector Average

Performance Comparison

0%50%HK:2236HK:3311HK:3996HK:1618HK:2386HK:2068Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
HK:2236 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:2236Wison Engineering Services Co., Ltd.0.430.0410.26%
HK:3311China State Construction International Holdings 8.670.182.07%
HK:3996China Energy Engineering Corp. Ltd. Class H0.93-0.18-16.37%
HK:1618Metallurgical Corporation of China Ltd. Class H1.31-1.02-43.56%
HK:2386SINOPEC Engineering (Group) Co., Ltd. Class H5.42-1.58-22.61%
HK:2068China Aluminum International Engineering Corporation Limited Class H1.54-1.00-39.17%

Wison Engineering Services Co., Ltd. Corporate Events

Wison Engineering Details 2025 Share Award Movements and Vesting Terms

Oct 2, 2026

Wison Engineering Services Co., Ltd., an engineering services provider listed in Hong Kong and incorporated in the Cayman Islands, uses a Share Award Scheme to align the interests of executives and employees with shareholders. The group evaluates per...

Wison Engineering Profit Slumps as Volatile Energy Markets Hit First-Half 2026 Results

Aug 27, 2026

Wison Engineering reported a sharp downturn in performance for the first half of 2026, with revenue falling 37.6% year on year to RMB2,281.1 million and gross profit declining 12.5% to RMB233.9 million. Profit attributable to shareholders dropped to...

Wison Engineering Sets August Board Meeting to Approve Interim Results and Possible Dividend

Aug 17, 2026

Wison Engineering Services Co., Ltd. has scheduled a board meeting for 27 August 2026 to review and approve the interim results for the six months ended 30 June 2026, and to authorize their publication. The board will also consider the potential decl...

Wison Engineering Warns of Sharply Lower Interim Profit as Key Projects Wind Down

Jul 27, 2026

Wison Engineering Services has issued a profit warning for the six months ended 30 June 2026, flagging that net profit is expected to fall to between RMB20 million and RMB30 million from approximately RMB77.6 million a year earlier. The company attri...

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 24, 2026