Want to see HK:2477 full AI Analyst Report?
Top Page
WellCell Holdings Co., Limited
(2477)
Select Model
Select Model
Rating:41Neutral
Price Target:
HK$0.10
▼(-99.18% Downside)
Action:Reiterated
Date:10/23/26
The score is driven primarily by deteriorating fundamentals—especially negative operating and free cash flow alongside a 2025 revenue and margin collapse—combined with very weak technical conditions (price well below all key moving averages and negative momentum). Valuation contributes modestly negatively due to a negative P/E and no dividend yield data.
Positive Factors
Manageable Leverage
Low leverage provides the company with greater financial flexibility than a heavily indebted business. A debt-to-equity ratio near 0.15 reduces balance-sheet strain and may leave more capacity to withstand operating volatility or fund recovery without excessive reliance on refinancing.
Negative Factors
Revenue and Margin Collapse
The 2025 deterioration affected both demand and economics, with lower revenue accompanied by severe gross-margin compression and negative operating profitability. This combination weakens earnings power and raises the risk that a recovery will require substantial operational improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable Leverage
Low leverage provides the company with greater financial flexibility than a heavily indebted business. A debt-to-equity ratio near 0.15 reduces balance-sheet strain and may leave more capacity to withstand operating volatility or fund recovery without excessive reliance on refinancing.
Read all positive factors
WellCell Holdings Co., Limited (2477) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$503.58M
Dividend YieldN/A
Average Volume (3M)232.70M
Price to Earnings (P/E)―
Beta (1Y)0.97
Revenue Growth-17.16%
EPS Growth-313.04%
CountryHK
Employees120
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)-0.01
Shares Outstanding4,796,000,000
10 Day Avg. Volume451,993,282
30 Day Avg. Volume232,704,028
Financial Highlights & Ratios
PEG Ratio-108.66
Price to Book (P/B)224.03
Price to Sales (P/S)226.16
P/FCF Ratio-1.38K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
WellCell Holdings Co., Limited Business Overview & Revenue Model
Company Description
WellCell Holdings Co., Limited, operating through its various subsidiaries, is a key provider of telecommunication network support and integrated information and communication technology (ICT) services across the People's Republic of China. The co...
WellCell Holdings Co., Limited Financial Statement Overview
Summary
Income Statement
48
Neutral
Balance Sheet
72
Positive
Cash Flow
27
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 313.77M | 212.87M | 278.22M | 255.96M | 226.51M | 203.34M |
| Gross Profit | -11.29M | 10.15M | 56.72M | 61.61M | 66.70M | 87.58M |
| EBITDA | -61.12M | -4.16M | 25.88M | 26.31M | 33.23M | 32.80M |
| Net Income | -50.77M | 14.94M | 20.14M | 20.40M | 24.26M | 25.52M |
Balance Sheet | ||||||
| Total Assets | 291.08M | 330.97M | 325.32M | 183.59M | 163.18M | 149.86M |
| Cash, Cash Equivalents and Short-Term Investments | 49.73M | 54.95M | 116.58M | 23.81M | 42.20M | 21.54M |
| Total Debt | 50.77M | 31.65M | 43.98M | 28.14M | 30.08M | 8.29M |
| Total Liabilities | 117.45M | 115.80M | 124.95M | 98.44M | 82.44M | 78.78M |
| Stockholders Equity | 173.55M | 214.90M | 200.37M | 85.15M | 80.74M | 71.09M |
Cash Flow | ||||||
| Free Cash Flow | -29.08M | -35.01M | -38.60M | 5.96M | 15.67M | 23.00M |
| Operating Cash Flow | -24.60M | -19.79M | -15.95M | 6.03M | 16.96M | 25.02M |
| Investing Cash Flow | -17.65M | -16.81M | -20.73M | 131.00K | -1.20M | -3.79M |
| Financing Cash Flow | 12.64M | -14.28M | 117.90M | -24.55M | 4.89M | -22.82M |
WellCell Holdings Co., Limited Technical Analysis
Negative
12.33
Price Trends
0.19
Negative
0.24
Negative
1.77
Negative
Market Momentum
-0.03
Positive
21.84
Positive
5.28
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2477, the sentiment is Negative. The current price of 12.33 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.19, and above the 200-day MA of 1.77, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 21.84 is Positive, neither overbought nor oversold. The STOCH value of 5.28 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2477.
WellCell Holdings Co., Limited Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$92.13B | 17.36 | 14.86% | 6.81% | 7.09% | 4.21% | |
73 Outperform | HK$5.33B | 10.30 | 9.66% | 6.61% | 5.60% | 9.64% | |
63 Neutral | HK$5.35B | -270.73 | 0.25% | 6.72% | 23.04% | -192.00% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
54 Neutral | HK$38.79B | -459.63 | -40.50% | 7.63% | 7.10% | 70.22% | |
53 Neutral | HK$7.86B | 24.98 | 14.97% | 6.47% | 6.22% | 42.92% | |
41 Neutral | HK$503.58M | -6.36 | -26.14% | ― | -17.16% | -313.04% |
* Communication Services Sector Average
HK:2477
WellCell Holdings Co., Limited
0.11
-3.12
-96.74%
HK:1310
HKBN
5.32
-1.17
-18.09%
HK:6823
HKT and HKT
12.15
1.55
14.59%
HK:0215
Hutchison Telecommunications Hong Kong Holdings
1.11
0.09
8.61%
HK:0315
SmarTone Telecommunications Holdings
4.84
0.31
6.87%
HK:0008
PCCW Limited
5.01
-0.19
-3.62%
WellCell Holdings Co., Limited Corporate Events
WellCell’s Chairman-Linked Shareholder Cuts Stake but Remains Major Investor
Oct 21, 2026
WellCell Holdings Co., Limited, a Cayman Islands–incorporated holding company listed in Hong Kong, is led by chairman and executive director Qian Fenglei and maintains a board comprising both executive and independent non-executive directors...
WellCell Reshapes Board as Three Directors Exit and New INED Joins
Sep 28, 2026
WellCell Holdings announced a series of boardroom changes effective 28 September 2026, including the resignation of executive director Zhang Xiaolong and independent non-executive directors (INEDs) Chan Wai Dune and Dan Xi, who are stepping down t...
WellCell Sets Out Board Composition and Committee Roles
Sep 28, 2026
WellCell Holdings Co., Limited has announced the current composition of its board of directors, comprising executive directors Qian Fenglei, who serves as chairman, and Jia Zhengyi, alongside independent non-executive directors Wu Hung Yuk Anna an...
WellCell Holdings Swings to Interim Loss as Costs and Other Losses Hit Earnings
Aug 31, 2026
WellCell Holdings Co., Limited, a Cayman Islands-incorporated issuer listed on the Hong Kong Stock Exchange, operates through a project-based services model that depends substantially on subcontracting, materials, and related project costs. Its in...
WellCell Sets Board Meeting to Approve Interim Results and Consider Dividend
Aug 19, 2026
WellCell Holdings Co., Limited, a Cayman Islands–incorporated company listed in Hong Kong, operates under a board structure with three executive directors and three independent non-executive directors. The governance framework, headed by cha...
WellCell flags interim loss as telecoms weaken and AI push lifts costs
Aug 17, 2026
WellCell Holdings Co., Limited has warned that it expects to swing to a net loss of up to RMB45 million for the six months ended 30 June 2026, compared with a profit of about RMB7.7 million a year earlier. The company cites fair value losses on fi...
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.