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Wharf (Holdings)
(OTC:0004)
Wharf (Holdings) (0004) vs. S&P 500 (SPY)
Wharf (Holdings) Business Overview & Revenue Model
Wharf (Holdings) Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 12.12B | 18.95B | 18.06B | 22.38B | 21.00B | Gross Profit |
| 12.12B | 9.05B | 8.84B | 11.31B | 12.89B | EBIT |
| 5.64B | 6.90B | 6.60B | 8.54B | 8.24B | EBITDA |
| -5.29B | 3.75B | 2.55B | 5.95B | 8.96B | Net Income Common Stockholders |
| -3.22B | 945.00M | -1.43B | 6.02B | 3.86B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 9.72B | 11.59B | 14.65B | 23.56B | 16.67B | Total Assets |
| 190.04B | 204.88B | 221.75B | 253.70B | 254.09B | Total Debt |
| 16.85B | 19.43B | 19.96B | 36.74B | 42.17B | Net Debt |
| 13.54B | 7.84B | 5.32B | 13.19B | 25.51B | Total Liabilities |
| 47.57B | 56.67B | 66.04B | 87.32B | 90.62B | Stockholders Equity |
| 136.83B | 142.99B | 151.59B | 162.02B | 158.85B |
| Cash Flow | Free Cash Flow | |||
| 3.60B | 1.80B | 5.83B | 2.08B | 9.89B | Operating Cash Flow |
| 3.83B | 2.38B | 6.18B | 2.55B | 10.27B | Investing Cash Flow |
| -2.59B | -3.55B | 4.31B | 11.31B | -14.22B | Financing Cash Flow |
| -3.72B | -1.75B | -17.55B | -7.41B | -5.51B |
Wharf (Holdings) Technical Analysis
Wharf (Holdings) Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $180.79B | 10.30 | 11.23% | 6.71% | -2.77% | 4.04% | |
74 Outperform | $1.83B | 7.10 | 7.44% | 9.38% | -12.74% | -17.17% | |
71 Outperform | $207.34B | 11.90 | 2.88% | 5.13% | 20.91% | -29.29% | |
70 Outperform | $71.19B | 18.72 | 2.17% | 7.63% | -30.38% | -43.73% | |
60 Neutral | HK$57.45B | ― | -2.30% | 2.10% | -36.07% | -441.20% | |
59 Neutral | $2.73B | 11.72 | 0.09% | 8795.52% | 5.45% | -17.33% | |
44 Neutral | $11.53B | ― | -10.34% | 10.92% | -56.64% | -3398.20% |
Wharf (Holdings) Corporate Events
The Wharf (Holdings) Limited has announced its annual general meeting (AGM) to be held on May 13, 2025, in Hong Kong. The agenda includes adopting financial statements, re-electing directors, re-appointing auditors, and passing resolutions related to share buy-backs and the issuance of additional shares. These resolutions aim to provide the company with flexibility in managing its capital structure, potentially impacting its market operations and shareholder value.
The Wharf (Holdings) Limited announced the forfeiture of unclaimed dividends from 2018, as per their Articles of Association, which allows the board to reclaim dividends unclaimed for six years. Shareholders who have not yet claimed their HK$0.40 per share dividend from 2018 are advised to contact the company’s share registrar before the deadline. This move underscores the company’s adherence to its policies and may impact shareholders who have not yet claimed their dividends.
Wharf (Holdings) Limited has outlined the terms of reference for its Nomination Committee, which is responsible for reviewing the board’s structure, size, and composition, as well as identifying qualified individuals for board membership. The committee is also tasked with assessing board diversity, director independence, and succession planning, ensuring alignment with the company’s corporate strategy. This announcement highlights Wharf’s commitment to maintaining robust governance practices and strategic board management, potentially impacting its operational efficiency and stakeholder confidence.
Wharf (Holdings) Limited reported a challenging financial year for 2024, with a 36% decline in revenue and an 18% drop in operating profit, primarily due to difficulties in its Mainland China Development Properties segment. The company faced a group loss of HK$3.2 billion, attributed to provisions in investment properties and impairment provisions for slow-moving stock. Despite these setbacks, the company maintained a low net debt with a gearing of 5%. The residential market in Hong Kong showed signs of recovery, with increased demand for luxury properties, while Mainland China’s property market struggled with slow sales and oversupply issues. The company’s investment properties in Mainland China also faced challenges due to weakened domestic consumption and increased competition.
The Wharf (Holdings) Limited announced a second interim dividend of HKD 0.2 per share for the financial year ending December 31, 2024, in lieu of a final dividend. The ex-dividend date is set for April 3, 2025, with the payment date on April 24, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders, despite the absence of a final dividend, and may impact investor sentiment and stock performance.
The Wharf (Holdings) Limited, a prominent company in Hong Kong, has announced an upcoming board meeting scheduled for March 13, 2025. The meeting will focus on approving the company’s final results for the year ending December 31, 2024, and considering the payment of a dividend. This announcement is significant as it may impact the company’s financial outlook and shareholder returns.