K. Wah International Swings to 2025 Loss but Preserves Balance-Sheet Strength

Claim 30% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialK Wah International Holdings ( (HK:0173) ) just unveiled an update. K. Wah International Holdings reported revenue of HK$1.985 billion for 2025, with total attributable revenue of HK$11.549 billion after including joint ventures and associates, but swung to a loss attributable to shareholders of HK$869 million as earnings were hit by lower recognised sales and losses from joint ventures and associates. The group maintained a relatively low gearing ratio of 17%, recorded attributable contracted sales of HK$5.7 billion with HK$6.5 billion yet to be recognised, and signalled it will continue to replenish its landbank in Hong Kong and key mainland delta regions in a disciplined and cautious manner, underscoring a focus on balance-sheet resilience despite near-term profitability pressure. Net asset value per share stood at HK$12.7, while loss per share was 27.57 HK cents and full-year dividends totalled 3 HK cents per share, indicating the company’s intent to sustain shareholder returns even amid losses. A positive fair-value change in investment properties partially offset weaker core performance, suggesting that the group’s investment property portfolio remains a stabilising factor as it navigates a challenging property market environment and positions itself for future recovery in its core regions. The most recent analyst rating on (HK:0173) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on K Wah International Holdings stock, see the HK:0173 Stock Forecast page. More about K Wah International Holdings K. Wah International Holdings is a Hong Kong-based property developer focused on residential and commercial real estate. The group concentrates its landbank and projects in Hong Kong and key mainland China regions, including the Pearl River and Yangtze River Deltas, aiming to deliver distinctive quality and long-term value in its developments. Average Trading Volume: 2,473,428 Technical Sentiment Signal: Buy Current Market Cap: HK$7.19B Learn more about 0173 stock on TipRanks’ Stock Analysis page.