SEHK:8021

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Executive Summary

WLS Holdings Limited, an investment holding company, provides scaffolding and fitting out, and other auxiliary services for the construction and building works businesses in Hong Kong.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has WLS Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8021's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.1%

8021

0.5%

HK Construction

2.3%

HK Market


1 Year Return

-6.1%

8021

-15.7%

HK Construction

6.9%

HK Market

Return vs Industry: 8021 exceeded the Hong Kong Construction industry which returned -15.7% over the past year.

Return vs Market: 8021 underperformed the Hong Kong Market which returned 6.9% over the past year.


Shareholder returns

8021IndustryMarket
7 Day-6.1%0.5%2.3%
30 Day-6.1%-2.8%-2.2%
90 Day-20.5%-0.3%10.6%
1 Year-6.1%-6.1%-11.2%-15.7%11.3%6.9%
3 Year106.7%106.7%-36.4%-44.4%1.8%-9.1%
5 Year-93.1%-93.1%-36.2%-47.1%14.3%-4.8%

Price Volatility Vs. Market

How volatile is WLS Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is WLS Holdings undervalued compared to its fair value and its price relative to the market?

0.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8021's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8021's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8021 is unprofitable, so we can't compare its PE Ratio to the HK Construction industry average.

PE vs Market: 8021 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8021's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8021's PB Ratio (0.8x) is in line with the HK Construction industry average.


Next Steps

Future Growth

How is WLS Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.2%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as WLS Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has WLS Holdings performed over the past 5 years?

-26.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8021 is currently unprofitable.

Growing Profit Margin: 8021 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8021 is unprofitable, and losses have increased over the past 5 years at a rate of 26.3% per year.

Accelerating Growth: Unable to compare 8021's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8021 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-7.7%).


Return on Equity

High ROE: 8021 has a negative Return on Equity (-20.03%), as it is currently unprofitable.


Next Steps

Financial Health

How is WLS Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8021's short term assets (HK$333.4M) exceed its short term liabilities (HK$203.3M).

Long Term Liabilities: 8021's short term assets (HK$333.4M) exceed its long term liabilities (HK$4.5M).


Debt to Equity History and Analysis

Debt Level: 8021's debt to equity ratio (27.9%) is considered satisfactory.

Reducing Debt: 8021's debt to equity ratio has increased from 16% to 27.9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 8021 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 8021 has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 14% each year.


Next Steps

Dividend

What is WLS Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8021's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8021's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 8021's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8021's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8021's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.9yrs

Average management tenure


CEO

Andy Kong (63 yo)

13.58yrs

Tenure

HK$1,027,000

Compensation

Mr. Kam Wang Kong, also known as Andy, has been the Chief Executive Officer of WLS Holdings Limited since January 1, 2007 and its Executive Director since June 14, 2002. Mr. Kong has years of experience in ...


CEO Compensation Analysis

Compensation vs Market: Andy's total compensation ($USD132.51K) is below average for companies of similar size in the Hong Kong market ($USD232.25K).

Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Yu Shing So
Executive Chairman of the Board19.08yrsHK$3.24m0.023%
HK$ 102.9k
Kam Wang Kong
CEO & Executive Director13.58yrsHK$1.03m0.012%
HK$ 55.1k
Chun Fai Yuen
Compliance Officer5.92yrsHK$766.00kno data
Yuen Mei Lai
Executive Director19yrsHK$1.91m0.023%
HK$ 102.9k
Wang Chun So
Executive Director6.42yrsHK$769.00k0.0056%
HK$ 24.8k
Wai Yan Yeung
Financial Controllerno datano datano data
Yiu Cheung Mok
Chief Operation Officer2.58yrsno datano data
Man Nar Luk
Human Resources Managerno datano datano data

5.9yrs

Average Tenure

60.5yo

Average Age

Experienced Management: 8021's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yu Shing So
Executive Chairman of the Board19.08yrsHK$3.24m0.023%
HK$ 102.9k
Kam Wang Kong
CEO & Executive Director13.58yrsHK$1.03m0.012%
HK$ 55.1k
Chun Fai Yuen
Compliance Officer5.92yrsHK$766.00kno data
Yuen Mei Lai
Executive Director19yrsHK$1.91m0.023%
HK$ 102.9k
Wang Chun So
Executive Director6.42yrsHK$769.00k0.0056%
HK$ 24.8k
Wang Bon So
Director of Wui Loong Scaffolding Works Company Limited20.58yrsHK$563.00kno data
Yu Fai So
Director of Skylon International Limited14.58yrsno datano data
Man Sang Law
Independent Non-Executive Director5.67yrsHK$120.00kno data
Wai Yu Lam
Independent Non-Executive Director3.17yrsHK$120.00kno data
Ka Ki Lo
Independent Non-Executive Director2.5yrsHK$216.00kno data

10.5yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 8021's board of directors are seasoned and experienced ( 10.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

WLS Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: WLS Holdings Limited
  • Ticker: 8021
  • Exchange: SEHK
  • Founded: 2001
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$445.380m
  • Shares outstanding: 14.37b
  • Website: https://www.wls.com.hk

Number of Employees


Location

  • WLS Holdings Limited
  • Tower A
  • 10th Floor, Rooms 1001-1006
  • Aberdeen
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8021SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2014

Biography

WLS Holdings Limited, an investment holding company, provides scaffolding and fitting out, and other auxiliary services for the construction and building works businesses in Hong Kong. It operates in four ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/06 13:07
End of Day Share Price2020/08/05 00:00
Earnings2020/04/30
Annual Earnings2020/04/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.