Board Change • Jun 12
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Bing Sheng Teng was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$469.7m market cap, or US$60.0m). Announcement • May 07
Wanda Hotel Development Company Limited, Annual General Meeting, Jun 03, 2026 Wanda Hotel Development Company Limited, Annual General Meeting, Jun 03, 2026, at 10:00 China Standard Time. Location: 9/f., 33 des voeux road central, central., Hong Kong Reported Earnings • Mar 27
Full year 2025 earnings released: HK$0.01 loss per share (vs HK$0.13 loss in FY 2024) Full year 2025 results: HK$0.01 loss per share (improved from HK$0.13 loss in FY 2024). Revenue: HK$117.6m (down 88% from FY 2024). Net loss: HK$47.2m (loss narrowed 92% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 26
Now 24% overvalued Over the last 90 days, the stock has fallen 8.8% to HK$0.10. The fair value is estimated to be HK$0.083, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Announcement • Mar 16
Wanda Hotel Development Company Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Wanda Hotel Development Company Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 Buy Or Sell Opportunity • Jan 27
Now 21% overvalued Over the last 90 days, the stock has fallen 84% to HK$0.099. The fair value is estimated to be HK$0.081, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. New Risk • Oct 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$775.1m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 37% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$775.1m market cap, or US$99.7m). New Risk • Oct 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 37% per year over the past 5 years. Board Change • Oct 24
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Bing Sheng Teng was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 23
Inaugural dividend of HK$0.46 per share Eligible shareholders must have bought the stock before 30 October 2025. Payment date: 19 November 2025. This is the first dividend for Wanda Hotel Development since going public. The average dividend yield among industry peers is 4.6%. Reported Earnings • Aug 31
First half 2025 earnings released: HK$0.007 loss per share (vs HK$0.11 loss in 1H 2024) First half 2025 results: HK$0.007 loss per share (improved from HK$0.11 loss in 1H 2024). Revenue: HK$57.2m (down 88% from 1H 2024). Net loss: HK$31.1m (loss narrowed 94% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Announcement • Aug 18
Wanda Hotel Development Company Limited to Report First Half, 2025 Results on Aug 28, 2025 Wanda Hotel Development Company Limited announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • May 08
Wanda Hotel Development Company Limited, Annual General Meeting, Jun 04, 2025 Wanda Hotel Development Company Limited, Annual General Meeting, Jun 04, 2025, at 10:00 China Standard Time. Location: unit 3007, 30/f., two exchange square, 8 connaught place, central., Hong Kong Reported Earnings • May 05
Full year 2024 earnings released: HK$0.13 loss per share (vs HK$0.035 profit in FY 2023) Full year 2024 results: HK$0.13 loss per share (down from HK$0.035 profit in FY 2023). Revenue: HK$991.4m (flat on FY 2023). Net loss: HK$590.9m (down 458% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Announcement • Apr 19
Tongcheng Travel Holdings Limited (SEHK:780) entered into the equity transfer agreement to acquire Wanda Hotel Management (Hong Kong) Co. Limited from Wanda Hotel Development Company Limited (SEHK:169) for CNY 2.5 billion. Tongcheng Travel Holdings Limited (SEHK:780) entered into the equity transfer agreement to acquire Wanda Hotel Management (Hong Kong) Co. Limited from Wanda Hotel Development Company Limited (SEHK:169) for CNY 2.5 billion on April 17, 2025. A cash consideration of CNY 2.42 billion will be paid by Tongcheng Travel Holdings Limited. Tongcheng Travel Holdings Limited will pay the remaining amount of CNY 74.9 million within 12 months of the Closing Date.
For the period ending December 31, 2024, Wanda Hotel Management (Hong Kong) Co. Limited reported net income of CNY 20.26 million. As of December 31, 2024, Wanda Hotel Management (Hong Kong) Co. Limited reported total common equity of CNY 1.27 billion.
The transaction is subject to approval by regulatory board / committee, approval of offer by target shareholders, execution of non solicitation agreement and resignation of target's directors. The expected completion of the transaction is September 30, 2025.
Nomura International (Hong Kong) Limited acted as financial advisor for Tongcheng Travel Holdings Limited. Reported Earnings • Mar 30
Full year 2024 earnings released: HK$0.13 loss per share (vs HK$0.035 profit in FY 2023) Full year 2024 results: HK$0.13 loss per share (down from HK$0.035 profit in FY 2023). Revenue: HK$991.4m (flat on FY 2023). Net loss: HK$590.9m (down 458% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. New Risk • Mar 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • Mar 18
Wanda Hotel Development Company Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Wanda Hotel Development Company Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Board Change • Jan 07
Less than half of directors are independent Following Non-Executive Director Chunyuan Zhang's arrival on 01 January 2025, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Bing Sheng Teng was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 02
Wanda Hotel Development Company Limited Announces Board Changes The board of directors of Wanda Hotel Development Company Limited announced that with effect from 1 January 2025, Mr. Zhang Lin has resigned as a non-executive Director due to change in his work arrangements. Mr. Zhang Lin has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) or the shareholders of the Company (the Shareholders). The Board further announced that with effect from 1 January 2025, Mr. Zhang Chunyuan ("Mr. Zhang") has been appointed as a non-executive Director. Mr. Zhang, aged 54, joined Dalian Wanda Group Co. Ltd. (the " Wanda Group ") in September 2008 and has held various positions in the Wanda Group and its subsidiaries since, then. From September 2008 to June 2016, he had held positions of deputy general manager of human resources department, assistant to president and general manager, senior assistant to president and vice president of Dalian Wanda Commercial Management Co. Ltd. (formerly known as Dalian Wanda Commercial Properties Co. Ltd.) ("DWCM"). From June 2016 to February 2017, he served as a vice president of Beijing Wanda Cultural Industry Group Co. Ltd. (the "Cultural Group"). From February 2017 to September 2019, he served as a vice president and general manager of the Human Resources Centre of the Wanda Group, vice president and general manager of the Human Resources Centre of DWCM. From September 2019 to March 2024, he served as a president of Wanda Kidsplace Group Co., Limited From March 2024, he has been serving as executive president of the Cultural Group. In October 2024, he was appointed as the chairman of the board of directors of DWCM. Prior to joining Wanda Group, Mr. Zhang had also served as a director of human resources of China Communications Co., Ltd* from January 2007 to September 2008, and as a director of development of China Tourism Group Co. Ltd. and China Tourism and Trade Services Corporation from July 1993 to December 2006. Mr. Zhang holds a bachelor 's degree in accounting from Beijing Jiaotong University. Reported Earnings • Sep 01
First half 2024 earnings released: HK$0.11 loss per share (vs HK$0.03 profit in 1H 2023) First half 2024 results: HK$0.11 loss per share (down from HK$0.03 profit in 1H 2023). Revenue: HK$493.0m (up 6.2% from 1H 2023). Net loss: HK$514.9m (down 468% from profit in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Aug 16
Wanda Hotel Development Company Limited to Report First Half, 2024 Results on Aug 28, 2024 Wanda Hotel Development Company Limited announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • Jul 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Jun 05
Wanda Hotel Development Company Limited, Annual General Meeting, Jun 28, 2024 Wanda Hotel Development Company Limited, Annual General Meeting, Jun 28, 2024, at 10:00 China Standard Time. Location: unit 3007, 30/f., two exchange square, 8 connaught place, central., Hong Kong Buy Or Sell Opportunity • Apr 26
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.9% to HK$0.20. The fair value is estimated to be HK$0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 23%. Buy Or Sell Opportunity • Apr 12
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to HK$0.20. The fair value is estimated to be HK$0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 23%. Announcement • Apr 02
Wanda Hotel Development Company Ordinary Shares to Be Deleted from OTC Equity Wanda Hotel Development Company Limited Ordinary Shares will be deleted from OTC Equity effective April 02, 2024, due to Inactive Security. Buy Or Sell Opportunity • Mar 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to HK$0.21. The fair value is estimated to be HK$0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 23%. Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: HK$0.035 (vs HK$0.041 in FY 2022) Full year 2023 results: EPS: HK$0.035 (down from HK$0.041 in FY 2022). Revenue: HK$983.1m (up 20% from FY 2022). Net income: HK$165.2m (down 14% from FY 2022). Profit margin: 17% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Mar 12
Wanda Hotel Development Company Limited to Report Fiscal Year 2023 Results on Mar 25, 2024 Wanda Hotel Development Company Limited announced that they will report fiscal year 2023 results on Mar 25, 2024 Announcement • Jan 10
Wanda Hotel Development Company Limited Approves Election of Liu Yingwu as an Executive Director Wanda Hotel Development Company Limited announced that at its EGM held on 10 January 2024, the shareholders approved election of Mr. Liu Yingwu as an executive director of the company with effect from 10 January 2024. Mr. Liu Yingwu, aged 48, has been a senior assistant to the president of Dalian Wanda Commercial Management Group Co. Ltd. (DWCM) and the dean of Wanda Hotel Design and Research Institute Co. Ltd. (Wanda Hotel Design and Research Institute) since March 2017. Mr. Liu has also been the vice president of Wanda Hotel Management (Shanghai) Co. Ltd. since December 2020 and is responsible for design and construction division and development center. Mr. Liu was an assistant to the president of DWCM and the dean of Wanda Hotel Design and Research Institute from September 2016 to March 2017 and the vice president of Wanda Hotel Design and Research Institute from May 2013 to December 2015. Mr. Liu previously served as the deputy general manager of Dalian Wanda Commercial Properties Co. Ltd. and the deputy general manager of Wanda Xishuangbanna International Tourism Resort Management Co. Ltd. Mr. Liu has extensive experience in the field of commercial planning and design (including hotel design management). Mr. Liu obtained a bachelor's degree from Hefei University of Technology in July 1999 and a master's degree in business administration from Hefei University of Technology in July 2021. Announcement • Dec 21
Wanda Hotel Development Company Limited, Annual General Meeting, Jan 10, 2024 Wanda Hotel Development Company Limited, Annual General Meeting, Jan 10, 2024, at 10:00 China Standard Time. Location: Unit 3007, 30/F., Two Exchange Square, 8 Connaught Place Central Hong Kong Agenda: To remove Ding Benxi as a non-executive director of the Company; and to consider to elect Liu Yingwu as an executive director of the Company. Announcement • Dec 20
Wanda Hotel Development Company Limited Announces Resignation of Ding Benxi as A Non-Executive Director Wanda Hotel Development Company Limited announced the resignation of Mr. Ding Benxi as a non-executive director of the Company. Reported Earnings • Aug 17
First half 2023 earnings released: EPS: HK$0.03 (vs HK$0.014 in 1H 2022) First half 2023 results: EPS: HK$0.03 (up from HK$0.014 in 1H 2022). Revenue: HK$464.1m (up 31% from 1H 2022). Net income: HK$140.0m (up 120% from 1H 2022). Profit margin: 30% (up from 18% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Aug 05
Wanda Hotel Development Company Limited to Report First Half, 2023 Results on Aug 16, 2023 Wanda Hotel Development Company Limited announced that they will report first half, 2023 results on Aug 16, 2023 Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: HK$0.041 (vs HK$0.051 in FY 2021) Full year 2022 results: EPS: HK$0.041 (down from HK$0.051 in FY 2021). Revenue: HK$816.8m (down 6.5% from FY 2021). Net income: HK$193.2m (down 20% from FY 2021). Profit margin: 24% (down from 28% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Bing Sheng Teng was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 30
First half 2022 earnings released: EPS: HK$0.014 (vs HK$0.02 in 1H 2021) First half 2022 results: EPS: HK$0.014 (down from HK$0.02 in 1H 2021). Revenue: HK$355.5m (down 14% from 1H 2021). Net income: HK$63.7m (down 33% from 1H 2021). Profit margin: 18% (down from 23% in 1H 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
First half 2022 earnings released: EPS: HK$0.014 (vs HK$0.02 in 1H 2021) First half 2022 results: EPS: HK$0.014 (down from HK$0.02 in 1H 2021). Revenue: HK$355.5m (down 14% from 1H 2021). Net income: HK$63.7m (down 33% from 1H 2021). Profit margin: 18% (down from 23% in 1H 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: HK$0.051 (vs HK$0.007 in FY 2020) Full year 2021 results: EPS: HK$0.051 (up from HK$0.007 in FY 2020). Revenue: HK$873.7m (up 33% from FY 2020). Net income: HK$240.5m (up HK$209.4m from FY 2020). Profit margin: 28% (up from 4.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Bing Sheng Teng was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 22
First half 2021 earnings released: EPS HK$0.02 (vs HK$0.006 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$415.1m (up 69% from 1H 2020). Net income: HK$95.4m (up HK$122.0m from 1H 2020). Profit margin: 23% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 24
Full year 2020 earnings released: EPS HK$0.007 (vs HK$0.06 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: HK$655.4m (down 19% from FY 2019). Net income: HK$31.1m (up HK$310.9m from FY 2019). Profit margin: 4.7% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 18
Full year 2020 earnings released: EPS HK$0.007 (vs HK$0.06 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: HK$655.4m (down 19% from FY 2019). Net income: HK$31.1m (up HK$310.9m from FY 2019). Profit margin: 4.7% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 69% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 25
New 90-day high: HK$0.42 The company is up 37% from its price of HK$0.31 on 27 November 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 2.0% over the same period. Is New 90 Day High Low • Feb 08
New 90-day high: HK$0.35 The company is up 15% from its price of HK$0.30 on 10 November 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 4.0% over the same period. Is New 90 Day High Low • Jan 19
New 90-day high: HK$0.33 The company is up 14% from its price of HK$0.29 on 21 October 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is up 3.0% over the same period. Is New 90 Day High Low • Nov 26
New 90-day high: HK$0.32 The company is up 7.0% from its price of HK$0.30 on 28 August 2020. The Hong Kong market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. Reported Earnings • Sep 20
First half earnings released Over the last 12 months the company has reported total losses of HK$321.9m, with losses widening by HK$284.5m from the prior year. Total revenue was HK$668.2m over the last 12 months, down 39% from the prior year. 
