WF Holding Limited Ordinary Shares(WFF)Earnings, Financials & Key Ratios
WFF•NASDAQ
$1.61
$8M mkt cap·80.5× P/E·Price updated May 7, 2026
AboutWF Holding Limited manufactures and sells fiberglass reinforced plastic (FRP) products in Malaysia. It offers filament wound and molded tanks, thermoplastic tanks, lining products, ducting and fitting products, air pollution control equipment, and custom-made products. The company also offer delivery, installation, repair, and maintenance services, as well as on-site consultation services. It serves chemical processing, water and wastewater treatment, and power generation. The company was incorporated in 2023 and is based in Shah Alam, Malaysia. WF Holding Limited operates as a subsidiary of Lew Capital Private LimitedShow more
- Revenue$5M-20.3%
- EBITDA$269K-65.5%
- Net Income$112K-77.3%
- EPS (Diluted)0.02-79.7%
- Gross Margin40.36%+16.9%
- EBITDA Margin5.89%-56.8%
- Operating Margin2.53%-77.8%
- Net Margin2.44%-71.5%
- ROE4.21%-79.8%
- ROIC3.9%-82.6%
- Debt/Equity0.16-27.8%
- Interest Coverage6.68-79.2%
WFF Key Insights
WF Holding Limited Ordinary Shares (WFF) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 27.5%
- ✓FCF machine: 15.4% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
✗Weaknesses
- ✗Weak momentum: RS Rating 5 (bottom 5%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
WFF Price & Volume
WF Holding Limited Ordinary Shares (WFF) stock price & volume — 10-year historical chart
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WFF Growth Metrics
WF Holding Limited Ordinary Shares (WFF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-7.62%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years19.37%
5 Years19.37%
3 Years27.78%
Last Year3.85%
WFF Peer Comparison
WF Holding Limited Ordinary Shares (WFF) competitors in Filtration and separation systems — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 RETO | 355.8K | 0.65 | -0.04 | -43.49% | -291.88% | -183.45% | 0.00 | |
 CLPS | 25.36M | 0.91 | -3.48 | 15.17% | -1.27% | -6.06% | 0.59 | |
 AIXI | 7.64M | 0.72 | -0.45 | 18.84% | -45.89% | |||
 CNET | 1.86M | 0.70 | -0.38 | -49.52% | -33.36% | -60.34% | 0.03 | |
 GFAI | 10.31M | 0.47 | -0.89 | 0.18% | -32.94% | -69.69% | 0.08 | |
 BTBT | 589.49M | 1.83 | 9.15 | 264.59% | 21.41% | 0.03 | ||
 TAOP | 1.3M | 1.30 | -0.16 | -15.97% | -19.58% | -46.71% | 0.50 | |
 TIGR | 627.64M | 6.43 | 17.86 | 43.68% | 17.64% | 0.27 |
Compare WFF vs Peers
WF Holding Limited Ordinary Shares (WFF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WFF Income Statement
WF Holding Limited Ordinary Shares (WFF) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 5.8M | 4.97M | 5.73M | 4.57M | - |
| Revenue Growth % | - | -14.34% | 15.42% | -20.26% | - |
| Cost of Goods Sold | 4.66M | 2.83M | 3.75M | 2.73M | - |
| COGS % of Revenue | 80.38% | 56.9% | 65.46% | 59.64% | - |
| Gross Profit | 1.14M▲ 0% | 2.14M▲ 88.2% | 1.98M▼ 7.5% | 1.85M▼ 6.8% | -▲ 0% |
| Gross Margin % | 19.62% | 43.1% | 34.54% | 40.36% | - |
| Gross Profit Growth % | - | 88.18% | -7.5% | -6.82% | - |
| Operating Expenses | 1.24M | 887.85K | 1.32M | 1.73M | - |
| OpEx % of Revenue | 21.45% | 17.87% | 23.11% | 37.82% | - |
| Selling, General & Admin | 1.24M | 887.85K | 1.32M | 1.73M | - |
| SG&A % of Revenue | 21.45% | 17.87% | 23.11% | 37.82% | - |
| Research & Development | 0 | 0 | 0 | 0 | - |
| R&D % of Revenue | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | - |
| Operating Income | -106.02K▲ 0% | 1.25M▲ 1282.0% | 655.47K▼ 47.7% | 115.85K▼ 82.3% | -▲ 0% |
| Operating Margin % | -1.83% | 25.22% | 11.43% | 2.53% | - |
| Operating Income Growth % | - | 1282.04% | -47.69% | -82.33% | - |
| EBITDA | 6.76K | 1.36M | 780.96K | 269.14K | - |
| EBITDA Margin % | 0.12% | 27.34% | 13.62% | 5.89% | - |
| EBITDA Growth % | - | 19982.76% | -42.5% | -65.54% | - |
| D&A (Non-Cash Add-back) | 112.78K | 105.04K | 125.49K | 153.29K | - |
| EBIT | -10.01K | 1.31M | 717.92K | 139.97K | - |
| Net Interest Income | -25.96K | -22.26K | -22.31K | -20.96K | - |
| Interest Income | 0 | 0 | 0 | 0 | - |
| Interest Expense | 25.96K | 22.26K | 22.31K | 20.96K | - |
| Other Income/Expense | 70.05K | 32.21K | 40.15K | 3.17K | - |
| Pretax Income | -35.97K▲ 0% | 1.29M▲ 3673.8% | 695.61K▼ 45.9% | 119.02K▼ 82.9% | -▲ 0% |
| Pretax Margin % | -0.62% | 25.87% | 12.13% | 2.6% | - |
| Income Tax | -8.95K | 306.54K | 204.21K | 7.41K | - |
| Effective Tax Rate % | 24.89% | 23.85% | 29.36% | 6.23% | - |
| Net Income | -27.02K▲ 0% | 978.82K▲ 3723.2% | 491.4K▼ 49.8% | 111.6K▼ 77.3% | -▲ 0% |
| Net Margin % | -0.47% | 19.7% | 8.57% | 2.44% | - |
| Net Income Growth % | - | 3723.23% | -49.8% | -77.29% | - |
| Net Income (Continuing) | -27.02K | 978.82K | 491.4K | 111.6K | - |
| Discontinued Operations | 0 | 0 | 0 | 0 | - |
| Minority Interest | 0 | 0 | 0 | 0 | - |
| EPS (Diluted) | -0.01▲ 0% | 0.20▲ 3663.6% | 0.10▼ 49.7% | 0.02▼ 79.7% | -▲ 0% |
| EPS Growth % | - | - | -49.74% | -79.7% | - |
| EPS (Basic) | -0.01 | 0.20 | 0.10 | 0.02 | - |
| Diluted Shares Outstanding | 4.99M | 4.99M | 4.99M | 4.99M | 5.04M |
| Basic Shares Outstanding | 4.99M | 4.99M | 4.99M | 4.99M | 5.04M |
| Dividend Payout Ratio | - | - | - | - | - |
WFF Balance Sheet
WF Holding Limited Ordinary Shares (WFF) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 3.16M | 3.38M | 3.93M | 4.82M | - |
| Cash & Short-Term Investments | 1.14M | 689.79K | 777.13K | 1.06M | 1.06M |
| Cash Only | 1.14M | 689.79K | 777.13K | 1.06M | 1.06M |
| Short-Term Investments | 0 | 0 | 0 | 0 | - |
| Accounts Receivable | 1.36M | 1.56M | 2.18M | 1.8M | - |
| Days Sales Outstanding | 85.41 | 114.78 | 138.6 | 143.47 | - |
| Inventory | 479.82K | 976.32K | 444.76K | 846.21K | - |
| Days Inventory Outstanding | 37.57 | 126.06 | 43.25 | 113.26 | - |
| Other Current Assets | 135.44K | 131K | 465.14K | 829.29K | - |
| Total Non-Current Assets | 1.43M | 1.44M | 1.44M | 1.4M | - |
| Property, Plant & Equipment | 1.07M | 1.11M | 1.13M | 1.03M | - |
| Fixed Asset Turnover | 5.41x | 4.48x | 5.08x | 4.42x | - |
| Goodwill | 0 | 0 | 0 | 0 | - |
| Intangible Assets | 361.43K | 335.51K | 314.51K | 315.71K | - |
| Long-Term Investments | 0 | 0 | 0 | 0 | - |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | - |
| Total Assets | 4.6M▲ 0% | 4.82M▲ 4.9% | 5.38M▲ 11.5% | 6.22M▲ 15.6% | 6.22M▲ 0% |
| Asset Turnover | 1.26x | 1.03x | 1.07x | 0.74x | - |
| Asset Growth % | - | 4.91% | 11.49% | 15.59% | - |
| Total Current Liabilities | 2.79M | 2.17M | 2.39M | 3.18M | - |
| Accounts Payable | 958.98K | 766.12K | 834.19K | 434.98K | - |
| Days Payables Outstanding | 75.09 | 98.92 | 81.12 | 58.22 | - |
| Short-Term Debt | 108.93K | 107.01K | 59.15K | 60.41K | - |
| Deferred Revenue (Current) | 1.06M | 703.72K | 833.34K | 1.52M | - |
| Other Current Liabilities | 0 | 0 | 0 | 0 | - |
| Current Ratio | 1.13x | 1.56x | 1.64x | 1.52x | 1.52x |
| Quick Ratio | 0.96x | 1.11x | 1.46x | 1.25x | 1.25x |
| Cash Conversion Cycle | 47.89 | 141.92 | 100.73 | 198.51 | - |
| Total Non-Current Liabilities | 559.61K | 490.62K | 426.19K | 294.58K | - |
| Long-Term Debt | 510.83K | 448.29K | 223.51K | 171.54K | - |
| Capital Lease Obligations | 12.18K | 2.36K | 182.32K | 106.44K | - |
| Deferred Tax Liabilities | 26.02K | 24.52K | 7.82K | 0 | - |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | - |
| Total Liabilities | 3.35M | 2.66M | 2.82M | 3.47M | - |
| Total Debt | 642.37K | 566.86K | 553.41K | 428.73K | 428.73K |
| Net Debt | -497.84K | -122.93K | -223.71K | -628K | -628K |
| Debt / Equity | 0.52x | 0.26x | 0.22x | 0.16x | 0.16x |
| Debt / EBITDA | 94.98x | 0.42x | 0.71x | 1.59x | - |
| Net Debt / EBITDA | -73.61x | -0.09x | -0.29x | -2.33x | -2.33x |
| Interest Coverage | -0.39x | 58.74x | 32.18x | 6.68x | - |
| Total Equity | 1.25M▲ 0% | 2.16M▲ 73.2% | 2.56M▲ 18.4% | 2.74M▲ 7.3% | 2.74M▲ 0% |
| Equity Growth % | - | 73.23% | 18.39% | 7.31% | - |
| Book Value per Share | 0.25 | 0.43 | 0.51 | 0.55 | 0.55 |
| Total Shareholders' Equity | 1.25M | 2.16M | 2.56M | 2.74M | 2.74M |
| Common Stock | 1.27K | 1.15K | 1.15K | 1.15K | - |
| Retained Earnings | 1.16M | 2.14M | 2.63M | 2.74M | - |
| Treasury Stock | 0 | 0 | 0 | 0 | - |
| Accumulated OCI | 3.23K | -62.37K | -156.46K | -81.19K | - |
| Minority Interest | 0 | 0 | 0 | 0 | - |
WFF Cash Flow Statement
WF Holding Limited Ordinary Shares (WFF) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | 154.78K | -166.63K | 655.8K | 753.46K | 753.46K |
| Operating CF Margin % | 2.67% | -3.35% | 11.44% | 16.48% | - |
| Operating CF Growth % | - | -207.66% | 493.56% | 14.89% | - |
| Net Income | -27.02K | 978.82K | 491.4K | 111.6K | - |
| Depreciation & Amortization | 112.78K | 105.04K | 125.49K | 153.29K | - |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | - |
| Deferred Taxes | -24.15K | -1.5K | -16.7K | -58.54K | - |
| Other Non-Cash Items | 167.25K | 7.45K | 135.05K | 290.47K | - |
| Working Capital Changes | -74.08K | -1.26M | -79.44K | 256.63K | - |
| Change in Receivables | -390.21K | -277.36K | -771.93K | 38.44K | - |
| Change in Inventory | 112 | -521.3K | 531.56K | -401.44K | - |
| Change in Payables | 352.34K | -138K | -8.65K | -274.91K | - |
| Cash from Investing | -60.56K | -116.92K | -73.09K | -51.52K | - |
| Capital Expenditures | -95.55K | -125.81K | -73.09K | -51.52K | - |
| CapEx % of Revenue | 1.65% | 2.53% | 1.27% | 1.13% | - |
| Acquisitions | 0 | 0 | 0 | 0 | - |
| Investments | - | - | - | - | - |
| Other Investing | 34.99K | 8.89K | 0 | 0 | - |
| Cash from Financing | -247.15K | -106.2K | -442.79K | -465.64K | - |
| Debt Issued (Net) | -247.15K | -106.2K | -103.83K | -109.22K | - |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | - |
| Dividends Paid | 0 | 0 | 0 | 0 | - |
| Share Repurchases | 0 | 0 | 0 | 0 | - |
| Other Financing | 0 | 0 | -338.97K | -356.42K | - |
| Net Change in Cash | -207.65K▲ 0% | -454.86K▼ 119.1% | 82.52K▲ 118.1% | 287.33K▲ 248.2% | -▲ 0% |
| Free Cash Flow | 59.23K▲ 0% | -292.44K▼ 593.8% | 582.71K▲ 299.3% | 701.94K▲ 20.5% | -▲ 0% |
| FCF Margin % | 1.02% | -5.89% | 10.16% | 15.35% | - |
| FCF Growth % | - | -593.78% | 299.25% | 20.46% | - |
| FCF per Share | 0.01 | -0.06 | 0.12 | 0.14 | 0.14 |
| FCF Conversion (FCF/Net Income) | -5.73x | -0.17x | 1.33x | 6.75x | - |
| Interest Paid | 25.96K | 22.26K | 22.31K | 20.96K | - |
| Taxes Paid | 117.49K | 118.94K | 411.62K | 149.79K | - |
WFF Key Ratios
WF Holding Limited Ordinary Shares (WFF) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | 57.45% | 20.83% | 4.21% | - |
| Return on Invested Capital (ROIC) | 67.46% | 22.49% | 3.9% | 3.9% |
| Gross Margin | 43.1% | 34.54% | 40.36% | - |
| Net Margin | 19.7% | 8.57% | 2.44% | - |
| Debt / Equity | 0.26x | 0.22x | 0.16x | 0.16x |
| Interest Coverage | 58.74x | 32.18x | 6.68x | - |
| FCF Conversion | -0.17x | 1.33x | 6.75x | - |
| Revenue Growth | -14.34% | 15.42% | -20.26% | - |
WFF Frequently Asked Questions
WF Holding Limited Ordinary Shares (WFF) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
WF Holding Limited Ordinary Shares (WFF) reported $4.6M in revenue for fiscal year 2024. This represents a 21% decrease from $5.8M in 2021.
WF Holding Limited Ordinary Shares (WFF) saw revenue decline by 20.3% over the past year.
Yes, WF Holding Limited Ordinary Shares (WFF) is profitable, generating $0.1M in net income for fiscal year 2024 (2.4% net margin).
Dividend & Returns
WF Holding Limited Ordinary Shares (WFF) has a return on equity (ROE) of 4.2%. This is below average, suggesting room for improvement.
WF Holding Limited Ordinary Shares (WFF) generated $0.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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WF Holding Limited Ordinary Shares (WFF) financial analysis — history, returns, DCA and operating performance tools
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Dividend History
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Earnings History
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Price History
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Revenue History
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Financial Ratios
30 years of market, efficiency and balance-sheet ratios
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