Announcement • May 28
Wing Tai Properties Limited Approves Final Dividend for the Year Ended 31 December 2025 Wing Tai Properties Limited, at the AGM held on 28 May 2026 approved final dividend of HK 4.0 cents per Share for the year ended 31 December 2025. Upcoming Dividend • May 27
Upcoming dividend of HK$0.04 per share Eligible shareholders must have bought the stock before 03 June 2026. Payment date: 22 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Hong Kong dividend payers (6.9%). Lower than average of industry peers (4.1%). Price Target Changed • Mar 30
Price target increased by 10% to HK$2.64 Up from HK$2.40, the current price target is provided by 1 analyst. New target price is 28% above last closing price of HK$2.07. Stock is up 38% over the past year. The company is forecast to post earnings per share of HK$0.11 next year compared to a net loss per share of HK$1.26 last year. Declared Dividend • Mar 29
Final dividend of HK$0.04 announced Dividend of HK$0.04 is the same as last year. Ex-date: 3rd June 2026 Payment date: 22nd June 2026 Dividend yield will be 3.3%, which is lower than the industry average of 6.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Mar 28
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: HK$1.26 loss per share (improved from HK$1.89 loss in FY 2024). Revenue: HK$968.8m (down 6.0% from FY 2024). Net loss: HK$1.65b (loss narrowed 36% from FY 2024). Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Real Estate industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Mar 27
Wing Tai Properties Limited, Annual General Meeting, May 28, 2026 Wing Tai Properties Limited, Annual General Meeting, May 28, 2026. Announcement • Mar 12
Wing Tai Properties Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Wing Tai Properties Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 Recent Insider Transactions Derivative • Mar 08
Deputy Chairman & Chief Executive exercised options to buy HK$2.4m worth of stock. On the 3rd of March, Wai Sun Cheng exercised options to buy 957k shares at a strike price of around HK$2.64, costing a total of HK$2.5m. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. Since June 2025, Wai Sun's direct individual holding has increased from 14.06m shares to 16.73m. Company insiders have collectively bought HK$6.7m more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Jan 25
Non-Executive Director exercised options to buy HK$484k worth of stock. On the 20th of January, Wai-Wai Chow exercised options to buy 256k shares at a strike price of around HK$0.50, costing a total of HK$128k. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. Since March 2025, Wai-Wai has owned 16.82m shares directly. Company insiders have collectively bought HK$852k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Aug 23
First half 2025 earnings released: HK$0.87 loss per share (vs HK$0.98 loss in 1H 2024) First half 2025 results: HK$0.87 loss per share (improved from HK$0.98 loss in 1H 2024). Revenue: HK$442.0m (down 21% from 1H 2024). Net loss: HK$1.19b (loss narrowed 11% from 1H 2024). Revenue is expected to decline by 21% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Hong Kong are expected to grow by 3.4%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Price Target Changed • Aug 23
Price target increased by 14% to HK$2.40 Up from HK$2.11, the current price target is provided by 1 analyst. New target price is 41% above last closing price of HK$1.70. Stock is down 9.6% over the past year. The company is forecast to post earnings per share of HK$0.12 next year compared to a net loss per share of HK$1.89 last year. Recent Insider Transactions Derivative • Jun 07
Deputy Chairman & Chief Executive exercised options to buy HK$2.0m worth of stock. On the 4th of June, Wai Sun Cheng exercised options to buy 1m shares at a strike price of around HK$0.50, costing a total of HK$675k. This transaction amounted to 11% of their direct individual holding at the time of the trade. Since December 2024, Wai Sun has owned 12.71m shares directly. Company insiders have collectively bought HK$2.5m more than they sold, via options and on-market transactions, in the last 12 months. Announcement • May 29
Wing Tai Properties Limited Approves Final Dividend for the Year Ended 31 December 2024 Wing Tai Properties Limited at its AGM held on May 29, 2025 approved to declare a final dividend of HKD 4.0 cents per Share for the year ended 31 December 2024. Upcoming Dividend • May 28
Upcoming dividend of HK$0.04 per share Eligible shareholders must have bought the stock before 04 June 2025. Payment date: 23 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Hong Kong dividend payers (7.7%). Lower than average of industry peers (5.3%). Reported Earnings • May 04
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: HK$1.89 loss per share (further deteriorated from HK$0.66 loss in FY 2023). Revenue: HK$1.03b (up 17% from FY 2023). Net loss: HK$2.56b (loss widened 188% from FY 2023). Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 17% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Hong Kong are expected to grow by 4.1%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Declared Dividend • Mar 31
Final dividend reduced to HK$0.04 Dividend of HK$0.04 is 50% lower than last year. Ex-date: 4th June 2025 Payment date: 23rd June 2025 Dividend yield will be 4.7%, which is lower than the industry average of 6.6%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Mar 30
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: HK$1.89 loss per share (further deteriorated from HK$0.66 loss in FY 2023). Revenue: HK$1.03b (up 17% from FY 2023). Net loss: HK$2.49b (loss widened 180% from FY 2023). Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 18% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Hong Kong are expected to grow by 3.9%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Announcement • Mar 13
Wing Tai Properties Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Wing Tai Properties Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 Recent Insider Transactions Derivative • Jan 25
Executive Chairman exercised options to buy HK$2.3m worth of stock. On the 20th of January, Wai-Chee Cheng exercised options to buy 1m shares at a strike price of around HK$0.50, costing a total of HK$675k. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. Wai-Chee currently holds 14.78m shares (0.010887535339211347 of the company). Company insiders have collectively bought HK$1.8m more than they sold, via options and on-market transactions, in the last 12 months. Price Target Changed • Jan 07
Price target decreased by 17% to HK$2.45 Down from HK$2.94, the current price target is provided by 1 analyst. New target price is 35% above last closing price of HK$1.81. Stock is down 33% over the past year. The company is forecast to post earnings per share of HK$0.04 next year compared to a net loss per share of HK$0.66 last year. Reported Earnings • Aug 30
First half 2024 earnings released: HK$0.98 loss per share (vs HK$0.28 loss in 1H 2023) First half 2024 results: HK$0.98 loss per share (further deteriorated from HK$0.28 loss in 1H 2023). Revenue: HK$560.3m (up 17% from 1H 2023). Net loss: HK$1.34b (loss widened 257% from 1H 2023). Revenue is expected to decline by 3.8% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Hong Kong are expected to grow by 5.3%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Declared Dividend • Aug 28
First half dividend reduced to HK$0.03 Dividend of HK$0.03 is 50% lower than last year. Ex-date: 13th September 2024 Payment date: 7th October 2024 Dividend yield will be 5.9%, which is lower than the industry average of 6.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (38% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. Announcement • Aug 26
Wing Tai Properties Limited Declares Interim Dividend for the Six Months Ended June 30, 2024, Payable on October 7, 2024 The Directors of Wing Tai Properties Limited declared the payment of an interim dividend of 3.0 Hong Kong cents per share for the six months ended June 30, 2024 (2023: 6.0 Hong Kong cents). Ex-dividend date: September 13, 2024. Record date is September 16, 2024. Payment date is October 7, 2024. Announcement • Aug 09
Wing Tai Properties Limited to Report First Half, 2024 Results on Aug 26, 2024 Wing Tai Properties Limited announced that they will report first half, 2024 results on Aug 26, 2024 Buy Or Sell Opportunity • May 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.0% to HK$2.23. The fair value is estimated to be HK$2.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 55%. Announcement • May 24
Wing Tai Properties Limited Approves a Final Dividend for the Year Ended 31 December 2023 Wing Tai Properties Limited announced that at the AGM held on 23 May 2024 approved a final dividend of HK 8.0 cents per share for the year ended 31 December 2023. Upcoming Dividend • May 22
Upcoming dividend of HK$0.08 per share Eligible shareholders must have bought the stock before 29 May 2024. Payment date: 20 June 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 6.0%. Lower than top quartile of Hong Kong dividend payers (7.4%). Higher than average of industry peers (5.2%). Reported Earnings • Apr 24
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: HK$0.66 loss per share (further deteriorated from HK$0.40 loss in FY 2022). Revenue: HK$882.4m (down 79% from FY 2022). Net loss: HK$890.4m (loss widened 65% from FY 2022). Revenue exceeded analyst estimates by 9.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Real Estate industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Mar 23
Wing Tai Properties Limited, Annual General Meeting, May 23, 2024 Wing Tai Properties Limited, Annual General Meeting, May 23, 2024. Agenda: To approve the payment of a final dividend of HK8.0 cents. Declared Dividend • Mar 23
Final dividend reduced to HK$0.08 Dividend of HK$0.08 is 62% lower than last year. Ex-date: 29th May 2024 Payment date: 20th June 2024 Dividend yield will be 6.4%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Reported Earnings • Mar 22
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: HK$0.66 loss per share (further deteriorated from HK$0.40 loss in FY 2022). Revenue: HK$882.4m (down 79% from FY 2022). Net loss: HK$824.6m (loss widened 53% from FY 2022). Revenue exceeded analyst estimates by 9.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Real Estate industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to HK$2.20. The fair value is estimated to be HK$2.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 55%. Announcement • Mar 22
Wing Tai Properties Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 20 June 2024 Wing Tai Properties Limited proposed final dividend of HKD 0.08 per share for the year ended 31 December 2023. Ex-dividend date is 29 May 2024. Record date is 30 May 2024. Payment date is 20 June 2024. Announcement • Mar 08
Wing Tai Properties Limited to Report Fiscal Year 2023 Results on Mar 21, 2024 Wing Tai Properties Limited announced that they will report fiscal year 2023 results on Mar 21, 2024 Upcoming Dividend • Sep 07
Upcoming dividend of HK$0.06 per share at 8.1% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 06 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 8.1%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (5.2%). Reported Earnings • Aug 25
First half 2023 earnings released: HK$0.28 loss per share (vs HK$0.28 profit in 1H 2022) First half 2023 results: HK$0.28 loss per share (down from HK$0.28 profit in 1H 2022). Revenue: HK$477.3m (down 45% from 1H 2022). Net loss: HK$374.2m (down 200% from profit in 1H 2022). Revenue is expected to decline by 89% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Hong Kong are expected to grow by 10%. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year. Announcement • Aug 25
Wing Tai Properties Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 06 October 2023 Wing Tai Properties Limited announced interim dividend of HKD 0.06 per share for the six months ended 30 June 2023, Ex-dividend date is 14 September 2023; Record date is 15 September 2023; Payment date is 06 October 2023. Announcement • Aug 10
Wing Tai Properties Limited to Report First Half, 2023 Results on Aug 24, 2023 Wing Tai Properties Limited announced that they will report first half, 2023 results on Aug 24, 2023 Upcoming Dividend • May 22
Upcoming dividend of HK$0.21 per share at 7.8% yield Eligible shareholders must have bought the stock before 29 May 2023. Payment date: 20 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 7.8%. Within top quartile of Hong Kong dividend payers (7.6%). Higher than average of industry peers (5.2%). Reported Earnings • Mar 24
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: HK$0.40 loss per share (down from HK$0.63 profit in FY 2021). Revenue: HK$4.10b (up 20% from FY 2021). Net loss: HK$475.7m (down 156% from profit in FY 2021). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to HK$4.40 Down from HK$4.82, the current price target is provided by 1 analyst. New target price is 26% above last closing price of HK$3.50. Stock is down 20% over the past year. The company is forecast to post earnings per share of HK$0.40 for next year compared to HK$0.63 last year. Upcoming Dividend • Sep 12
Upcoming dividend of HK$0.06 per share Eligible shareholders must have bought the stock before 19 September 2022. Payment date: 06 October 2022. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 6.8%. Lower than top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (5.5%). Reported Earnings • Aug 27
First half 2022 earnings released: EPS: HK$0.28 (vs HK$0.14 in 1H 2021) First half 2022 results: EPS: HK$0.28 (up from HK$0.14 in 1H 2021). Revenue: HK$859.8m (up 59% from 1H 2021). Net income: HK$374.0m (up 99% from 1H 2021). Profit margin: 44% (up from 35% in 1H 2021). Over the next year, revenue is expected to shrink by 32% compared to a 13% growth forecast for the Real Estate industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Price Target Changed • Aug 27
Price target decreased to HK$4.40 Down from HK$4.82, the current price target is provided by 1 analyst. New target price is 15% above last closing price of HK$3.84. Stock is down 13% over the past year. The company is forecast to post earnings per share of HK$0.40 for next year compared to HK$0.63 last year. Upcoming Dividend • May 26
Upcoming dividend of HK$0.21 per share Eligible shareholders must have bought the stock before 02 June 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 6.7%. Lower than top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (5.7%). Price Target Changed • Feb 10
Price target decreased to HK$4.93 Down from HK$5.31, the current price target is provided by 1 analyst. New target price is 13% above last closing price of HK$4.38. Stock is up 11% over the past year. The company is forecast to post earnings per share of HK$0.35 next year compared to a net loss per share of HK$0.50 last year. Upcoming Dividend • Sep 07
Upcoming dividend of HK$0.06 per share Eligible shareholders must have bought the stock before 14 September 2021. Payment date: 05 October 2021. Trailing yield: 6.2%. Lower than top quartile of Hong Kong dividend payers (6.5%). Higher than average of industry peers (5.2%). Upcoming Dividend • May 28
Upcoming dividend of HK$0.21 per share Eligible shareholders must have bought the stock before 04 June 2021. Payment date: 24 June 2021. Trailing yield: 5.8%. Lower than top quartile of Hong Kong dividend payers (6.0%). Higher than average of industry peers (4.5%). Reported Earnings • Apr 28
Full year 2020 earnings released: HK$0.50 loss per share (vs HK$0.18 profit in FY 2019) The company reported a decent full year result with improved revenues, although earnings and control over costs were weaker. Full year 2020 results: Revenue: HK$2.77b (up 170% from FY 2019). Net loss: HK$674.4m (down 382% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 26
Full year 2020 earnings released: HK$0.50 loss per share (vs HK$0.18 profit in FY 2019) The company reported a decent full year result with improved revenues, although earnings and control over costs were weaker. Full year 2020 results: Revenue: HK$2.78b (up 171% from FY 2019). Net loss: HK$610.6m (down 356% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 20
New 90-day high: HK$4.05 The company is up 9.0% from its price of HK$3.70 on 20 November 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is up 1.0% over the same period. Is New 90 Day High Low • Jan 28
New 90-day high: HK$3.99 The company is up 12% from its price of HK$3.56 on 30 October 2020. The Hong Kong market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is up 6.0% over the same period. Recent Insider Transactions Derivative • Jan 26
Board Member exercised options to buy HK$795k worth of stock. On the 21st of January, Kar Wai Ng exercised options to buy 212.00k shares at a strike price of around HK$0.50, costing a total of HK$106k. This transaction amounted to 18% of their direct individual holding at the time of the trade. Since June 2020, Kar Wai has owned 1.18m shares directly. This was the only transaction from an insider over the last 12 months. Is New 90 Day High Low • Nov 24
New 90-day low: HK$3.52 The company is down 12% from its price of HK$4.00 on 26 August 2020. The Hong Kong market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 3.0% over the same period. Is New 90 Day High Low • Oct 28
New 90-day low: HK$3.65 The company is down 5.0% from its price of HK$3.83 on 30 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is down 6.0% over the same period. Is New 90 Day High Low • Oct 13
New 90-day low: HK$3.72 The company is down 4.0% from its price of HK$3.88 on 15 July 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 3.0% over the same period. Is New 90 Day High Low • Sep 18
New 90-day low: HK$3.73 The company is down 6.0% from its price of HK$3.97 on 19 June 2020. The Hong Kong market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 2.0% over the same period.