Wing Lee Development Construction Holdings Limited ^9639.HK

Finances

	2025	2024	2023	2022
Revenue	716.639 M ^{36.22 %}	526.099 M ^{45.65 %}	361.207 M ^{-30.58 %}	520.351 M
Net income	55.458 M ^{-27.89 %}	76.907 M ^{89.59 %}	40.565 M ^{-31.31 %}	59.055 M
Income before tax	68.253 M ^{-26.54 %}	92.916 M ^{95.01 %}	47.647 M ^{-32.43 %}	70.510 M
Income before tax ratio	0.10 ^{-46.07 %}	0.18 ^{33.89 %}	0.13 ^{-2.65 %}	0.14
EBITDA	90.416 M ^{-17.14 %}	109.113 M ^{70.41 %}	64.031 M ^{-23.69 %}	83.904 M
Net income ratio	0.08 ^{-47.06 %}	0.15 ^{30.17 %}	0.11 ^{-1.05 %}	0.11
Ratio EBITDA	0.13 ^{-39.17 %}	0.21 ^{17.00 %}	0.18 ^{9.94 %}	0.16
Gross profit ratio	0.20 ^{-12.82 %}	0.23 ^{10.54 %}	0.21 ^{16.24 %}	0.18
Weighted average shs out dil	1.000 B ^{0.00 %}	1.000 B ^{0.00 %}	1.000 B ^{0.00 %}	1.000 B
Weighted average shs out	1.000 B ^{0.00 %}	1.000 B ^{0.00 %}	1.000 B ^{0.00 %}	1.000 B
EPS diluted	0.06 ^{-27.83 %}	0.08 ^{89.41 %}	0.04 ^{-31.30 %}	0.06
Earnings per share	0.06 ^{-27.83 %}	0.08 ^{89.41 %}	0.04 ^{-31.30 %}	0.06
Gross profit	144.407 M ^{18.75 %}	121.607 M ^{61.00 %}	75.533 M ^{-19.31 %}	93.613 M
Income tax expense	12.795 M ^{-20.08 %}	16.009 M ^{126.05 %}	7.082 M ^{-38.18 %}	11.455 M
Cost of revenue	572.232 M ^{41.47 %}	404.492 M ^{41.59 %}	285.674 M ^{-33.06 %}	426.738 M
General and administrative expenses	60.593 M ^{468.79 %}	10.653 M ^{-3.14 %}	10.998 M ^{15.13 %}	9.553 M
Selling and marketing expenses	0.000	0.000	0.000	0.000
Other expenses	13.286 M ^{-15.22 %}	15.671 M ^{4.67 %}	14.972 M ^{22.56 %}	12.216 M
Operating expenses	73.879 M ^{180.65 %}	26.324 M ^{1.36 %}	25.970 M ^{19.30 %}	21.769 M
Cost and expenses	646.111 M ^{49.97 %}	430.816 M ^{38.24 %}	311.644 M ^{-30.52 %}	448.507 M
Research and development expenses	0.000	0.000	0.000	0.000
Selling general and administrative expenses	60.593 M ^{468.79 %}	10.653 M ^{-3.14 %}	10.998 M ^{15.13 %}	9.553 M
Interest income	96.000 K	0.000	0.000	0.000
Interest expense	2.371 M ^{0.17 %}	2.367 M ^{23.54 %}	1.916 M ^{43.63 %}	1.334 M
Depreciation and amortization	19.792 M ^{43.11 %}	13.830 M ^{-4.41 %}	14.468 M ^{19.97 %}	12.060 M
Operating income	70.528 M ^{-25.98 %}	95.283 M ^{92.25 %}	49.563 M ^{-31.01 %}	71.844 M
Operating income ratio	0.10 ^{-45.66 %}	0.18 ^{31.99 %}	0.14 ^{-0.62 %}	0.14
Total other income expenses net	-2.275 M ^{3.89 %}	-2.367 M ^{-23.54 %}	-1.916 M ^{-43.63 %}	-1.334 M
	2025	2024	2023	2022

	2025	2024	2023	2022
Net debt	-21.501 M ^{-184.09 %}	25.568 M ^{-46.44 %}	47.736 M ^{27.89 %}	37.326 M
Total investments	0.000	0.000	0.000	0.000
Total debt	72.175 M ^{36.36 %}	52.929 M ^{-0.52 %}	53.206 M ^{5.01 %}	50.669 M
Accumulated other comprehensive income loss	0.000	0.000 ^{-100.00 %}	4.918 M ^{12.90 %}	4.356 M
Retained earnings	175.951 M ^{16.92 %}	150.493 M ^{31.93 %}	114.067 M ^{55.11 %}	73.541 M
Common stock	10.000 M ^{99 900.00 %}	10.000 K ^{0.00 %}	10.000 K ^{0.00 %}	10.000 K
Total equity	351.593 M ^{126.26 %}	155.392 M ^{30.59 %}	118.995 M ^{51.68 %}	78.451 M
Other non current liabilities	1.049 M ^{-85.10 %}	7.040 M ^{2 517.10 %}	269.000 K ^{-39.14 %}	442.000 K
Long term debt	9.421 M ^{7.40 %}	8.772 M ^{2.75 %}	8.537 M ^{-24.03 %}	11.237 M
Total non current liabilities	20.680 M ^{-11.77 %}	23.440 M ^{61.55 %}	14.509 M ^{-17.73 %}	17.635 M
Other current liabilities	42.212 M ^{-16.78 %}	50.721 M ^{248.00 %}	14.575 M ^{-64.88 %}	41.504 M
Deferred revenue	0.000	0.000	0.000	0.000
Short term debt	62.754 M ^{42.12 %}	44.157 M ^{-1.15 %}	44.669 M ^{13.28 %}	39.432 M
Total current liabilities	196.943 M ^{5.35 %}	186.945 M ^{49.70 %}	124.881 M ^{-27.71 %}	172.745 M
Total liabilities	217.623 M ^{3.44 %}	210.385 M ^{50.93 %}	139.390 M ^{-26.78 %}	190.380 M
Other non current assets	6.456 M ^{1 129.71 %}	525.000 K ^{1 041.30 %}	46.000 K	0.000
Long term investments	0.000	0.000	0.000	0.000
Intangible assets	2.814 M ^{73.70 %}	1.620 M ^{0.00 %}	1.620 M ^{0.00 %}	1.620 M
GoodWill	0.000	0.000	0.000	0.000
Goodwill and intangible assets	2.814 M ^{73.70 %}	1.620 M ^{0.00 %}	1.620 M ^{0.00 %}	1.620 M
Property plant equipment net	143.412 M ^{62.28 %}	88.374 M ^{70.84 %}	51.729 M ^{-11.14 %}	58.217 M
Total non current assets	155.569 M ^{67.71 %}	92.762 M ^{66.42 %}	55.739 M ^{-10.17 %}	62.052 M
Other current assets	27.750 M ^{204.98 %}	9.099 M ^{7.38 %}	8.474 M ^{176.39 %}	3.066 M
Short term investments	0.000	0.000	0.000	0.000
cash and cash equivalents	93.676 M ^{242.37 %}	27.361 M ^{400.20 %}	5.470 M ^{-59.00 %}	13.343 M
Cash and short term investments	93.676 M ^{242.37 %}	27.361 M ^{400.20 %}	5.470 M ^{-59.00 %}	13.343 M
Total current assets	413.647 M ^{51.51 %}	273.015 M ^{34.73 %}	202.646 M ^{-2.00 %}	206.779 M
Inventory	459.000 K ^{-2.13 %}	469.000 K	0.000	0.000
Net receivables	291.762 M ^{23.58 %}	236.086 M ^{25.11 %}	188.702 M ^{-0.88 %}	190.370 M
Tax assets	2.887 M ^{28.71 %}	2.243 M ^{-4.31 %}	2.344 M ^{5.82 %}	2.215 M
Other assets	0.000	0.000	0.000	0.000
Account payables	91.977 M ^{15.81 %}	79.419 M ^{76.14 %}	45.089 M ^{-40.05 %}	75.210 M
Tax payables	0.000 ^{-100.00 %}	12.648 M ^{-38.45 %}	20.548 M ^{23.79 %}	16.599 M
Deferred revenue non current	0.000	0.000	0.000	0.000
Minority interest	0.000	0.000	0.000 ^{-100.00 %}	544.000 K
Capital lease obligations	16.079 M ^{-10.79 %}	18.024 M ^{-21.47 %}	22.952 M ^{3.64 %}	22.145 M
Preferred stock	0.000	0.000	0.000	0.000
Other total stockholders equity	165.642 M ^{3 288.05 %}	4.889 M	0.000	0.000
Deferred tax liabilities non current	10.210 M ^{33.85 %}	7.628 M ^{33.75 %}	5.703 M ^{-4.25 %}	5.956 M
Other liabilities	0.000	0.000	0.000	0.000
Total assets	569.216 M ^{55.62 %}	365.777 M ^{41.56 %}	258.385 M ^{-3.89 %}	268.831 M
	2025	2024	2023	2022

	2025	2024	2023	2022
Deferred income tax	0.000	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000	0.000
Change in working capital	-57.861 M ^{-227.38 %}	-17.674 M ^{45.33 %}	-32.330 M ^{58.51 %}	-77.927 M
Accounts receivables	-54.086 M ^{16.04 %}	-64.416 M ^{-1 311.28 %}	5.318 M ^{105.99 %}	-88.814 M
Inventory	10.000 K ^{102.13 %}	-469.000 K	0.000	0.000
Accounts payables	0.000	0.000	0.000	0.000
Other working capital	-3.785 M ^{-108.02 %}	47.211 M ^{225.40 %}	-37.648 M ^{-445.81 %}	10.887 M
Other non cash items	-24.797 M ^{-25.99 %}	-19.681 M ^{-381.44 %}	6.993 M ^{113.46 %}	3.276 M
Net cash provided by operating activities	5.387 M ^{-92.24 %}	69.391 M ^{88.68 %}	36.778 M ^{364.43 %}	7.919 M
Investments in property plant and equipment	-64.279 M ^{-245.90 %}	-18.583 M ^{8.80 %}	-20.375 M ^{-235.61 %}	-6.071 M
Acquisitions net	0.000	0.000 ^{100.00 %}	-220.000 K	0.000
Purchases of investments	0.000	0.000	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000	0.000
Other investing activites	-27.263 M ^{-29.67 %}	-21.025 M ^{-37.63 %}	-15.277 M ^{-2 743.08 %}	578.000 K
Net cash used for investing activites	-91.542 M ^{-131.12 %}	-39.608 M ^{-10.41 %}	-35.872 M ^{-553.05 %}	-5.493 M
Debt repayment	21.191 M ^{355.72 %}	4.650 M ^{168.63 %}	1.731 M ^{-89.47 %}	16.434 M
Common stock issued	182.500 M	0.000	0.000	0.000
Common stock repurchased	0.000	0.000	0.000	0.000
Dividends paid	-23.637 M	0.000	0.000	0.000
Other financing activites	-27.584 M ^{-119.93 %}	-12.542 M ^{-19.33 %}	-10.510 M ^{27.19 %}	-14.434 M
Net cash used provided by financing activities	152.470 M ^{2 031.96 %}	-7.892 M ^{10.10 %}	-8.779 M ^{-538.95 %}	2.000 M
Effect of forex changes on cash	0.000	0.000	0.000	0.000
Net change in cash	66.315 M ^{202.93 %}	21.891 M ^{378.05 %}	-7.873 M ^{-277.88 %}	4.426 M
Cash at beginning of period	27.361 M ^{400.20 %}	5.470 M ^{-59.00 %}	13.343 M ^{49.64 %}	8.917 M
Cash at end of period	93.676 M ^{242.37 %}	27.361 M ^{400.20 %}	5.470 M ^{-59.00 %}	13.343 M
Operating cash flow	5.387 M ^{-92.24 %}	69.391 M ^{88.68 %}	36.778 M ^{364.43 %}	7.919 M
Capital expenditure	-65.525 M ^{-252.61 %}	-18.583 M ^{8.80 %}	-20.375 M ^{-235.61 %}	-6.071 M
Free CashFlow	-60.138 M ^{-218.36 %}	50.808 M ^{209.75 %}	16.403 M ^{787.61 %}	1.848 M
	2025	2024	2023	2022

	2024-09-30
Revenue	400.813 M
Net income	37.541 M
Income before tax	46.988 M
Income before tax ratio	0.12
EBITDA	57.763 M
Net income ratio	0.09
Ratio EBITDA	0.14
Gross profit ratio	0.20
Weighted average shs out dil	1.000 B
Weighted average shs out	1.000 B
EPS diluted	0.04
Earnings per share	0.04
Gross profit	80.278 M
Income tax expense	9.447 M
Cost of revenue	320.535 M
General and administrative expenses	0.000
Selling and marketing expenses	0.000
Other expenses	0.000
Operating expenses	19.324 M
Cost and expenses	-339.859 M
Research and development expenses	0.000
Selling general and administrative expenses	19.324 M
Interest income	33.000 K
Interest expense	1.510 M
Depreciation and amortization	9.265 M
Operating income	60.954 M
Operating income ratio	0.15
Total other income expenses net	-13.966 M
	2024-09-30

	2024-09-30
Net debt	4.102 M
Total investments	0.000
Total debt	36.372 M
Accumulated other comprehensive income loss	0.000
Retained earnings	158.034 M
Common stock	10.000 K
Total equity	163.062 M
Other non current liabilities	927.000 K
Long term debt	7.138 M
Total non current liabilities	17.305 M
Other current liabilities	109.255 M
Deferred revenue	0.000
Short term debt	29.234 M
Total current liabilities	227.250 M
Total liabilities	244.555 M
Other non current assets	220.000 K
Long term investments	0.000
Intangible assets	261.840 M
GoodWill	0.000
Goodwill and intangible assets	1.620 M
Property plant equipment net	94.547 M
Total non current assets	100.959 M
Other current assets	12.135 M
Short term investments	0.000
cash and cash equivalents	32.270 M
Cash and short term investments	32.270 M
Total current assets	306.658 M
Inventory	413.000 K
Net receivables	261.840 M
Tax assets	4.572 M
Other assets	0.000
Account payables	88.761 M
Tax payables	0.000
Deferred revenue non current	0.000
Minority interest	0.000
Capital lease obligations	892.000 K
Preferred stock	0.000
Other total stockholders equity	5.018 M
Deferred tax liabilities non current	9.240 M
Other liabilities	0.000
Total assets	407.617 M
	2024-09-30

	2025-03-31	2024-09-30	2024-03-31
Deferred income tax	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000
Change in working capital	0.000	0.000	0.000
Accounts receivables	0.000	0.000	0.000
Inventory	0.000	0.000	0.000
Accounts payables	0.000	0.000	0.000
Other working capital	0.000	0.000	0.000
Other non cash items	-78.555 M ^{-1 133.89 %}	7.598 M ^{-29.14 %}	10.722 M
Net cash provided by operating activities	-50.111 M ^{-192.11 %}	54.404 M ^{-10.91 %}	61.066 M
Investments in property plant and equipment	-44.008 M ^{-117.10 %}	-20.271 M ^{-55.94 %}	-12.999 M
Acquisitions net	0.000 ^{-100.00 %}	172.000 K ^{1 620.00 %}	10.000 K
Purchases of investments	0.000	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000
Other investing activites	-1.246 M ^{80.42 %}	-6.363 M ^{71.42 %}	-22.260 M
Net cash used for investing activites	-45.254 M ^{-71.02 %}	-26.462 M ^{24.93 %}	-35.249 M
Debt repayment	29.058 M ^{271.58 %}	-16.936 M ^{-2 835.18 %}	-577.000 K
Common stock issued	169.831 M	0.000	0.000
Common stock repurchased	0.000	0.000	0.000
Dividends paid	-23.637 M	0.000	0.000
Other financing activites	1.441 M ^{123.63 %}	-6.097 M ^{3.80 %}	-6.338 M
Net cash used provided by financing activities	176.693 M ^{867.13 %}	-23.033 M ^{-233.09 %}	-6.915 M
Effect of forex changes on cash	0.000	0.000 ^{-100.00 %}	8.459 M
Net change in cash	81.328 M ^{1 556.71 %}	4.909 M ^{-82.06 %}	27.361 M
Cash at beginning of period	32.270 M ^{17.94 %}	27.361 M	0.000
Cash at end of period	113.598 M ^{252.02 %}	32.270 M ^{17.94 %}	27.361 M
Operating cash flow	-50.111 M ^{-192.11 %}	54.404 M ^{-10.91 %}	61.066 M
Capital expenditure	-44.008 M ^{-117.10 %}	-20.271 M ^{-55.94 %}	-12.999 M
Free CashFlow	-94.119 M ^{-375.74 %}	34.133 M ^{-28.99 %}	48.067 M
	2025	2024	2024

Date	Form 10K
2025	https://www1.hkexnews.hk/search/titlesearch.xhtml
2024	https://www1.hkexnews.hk/search/titlesearch.xhtml
2023	https://www1.hkexnews.hk/search/titlesearch.xhtml
2022	https://www1.hkexnews.hk/search/titlesearch.xhtml

Wing Lee Development Construction Holdings Limited 9639.HK

Finances

Wing Lee Development Construction Holdings Limited ^9639.HK