Hong Kong Stock Exchange · Consumer Cyclical
Invest in Wing On Company International stock from India
Indian and foreign residents can buy Wing On Company International (289) shares directly through Paasa.
By Paasa · Updated
Wing On Company International at a glance
- Price
- HK$12.80+HK$0.05 (0.39%)
- Market cap
- HK$3.69B
- Day range
- HK$12.80 – HK$13.10
- P/E
- -13.62
- Dividend yield
- 7.73%
- Volume
- 7.00K
- 1 month
- -2.44%
- 6 months
- -9.86%
- YTD
- -7.91%
- 1 year
- -5.04%
- 5 years
- -29.52%
Wing On Company International statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | HK$852.0M | HK$946.2M | HK$1.1B | HK$1.0B | HK$1.1B |
| Gross profit | HK$450.3M | HK$578.5M | HK$662.4M | HK$667.8M | HK$738.4M |
| Operating income | HK$139.4M | HK$520.7M | HK$564.6M | HK$170.6M | HK$481.9M |
| Net income | −HK$330.5M | −HK$919.1M | HK$123.4M | −HK$300.9M | HK$552.5M |
| Earnings per share | −HK$1.14 | −HK$3.17 | HK$0.42 | −HK$1.03 | HK$1.89 |
| EBITDA | HK$190.1M | −HK$803.8M | HK$241.2M | −HK$136.7M | HK$429.7M |
| Total assets | HK$17.7B | HK$18.1B | HK$19.7B | HK$19.9B | HK$20.6B |
| Total debt | HK$19.8M | HK$96.2M | HK$53.4M | HK$20.8M | HK$75.6M |
| Cash and short-term investments | HK$4.7B | HK$4.3B | HK$4.2B | HK$4.0B | HK$4.1B |
| Shareholders' equity | HK$16.5B | HK$16.8B | HK$18.4B | HK$18.6B | HK$19.2B |
| Operating cash flow | HK$209.8M | HK$21.7M | HK$211.4M | −HK$6.2M | HK$100.4M |
| Free cash flow | HK$182.9M | HK$15.8M | HK$191.8M | −HK$6.2M | HK$100.4M |
| Capital expenditure | −HK$26.9M | −HK$5.8M | −HK$19.6M | −HK$15.9M | −HK$26.6M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in HKD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Texhong Textile | 2678.HK | HK$5.49 | HK$5.03B |
| Xin Point | 1571.HK | HK$3.52 | HK$3.54B |
| China Lilang | 1234.HK | HK$2.79 | HK$3.33B |
| Café de Coral | 0341.HK | HK$5.56 | HK$3.19B |
| Launch Tech | 2488.HK | HK$6.96 | HK$2.88B |
| Shenzhen Pagoda Industrial | 2411.HK | HK$1.51 | HK$2.87B |
| Best Pacific International | 2111.HK | HK$2.48 | HK$2.58B |
| Guan Chao | 1872.HK | HK$3.80 | HK$2.48B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Wing On Company International from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.
Step 3
Search 289 and buy
Find Wing On Company International by name or by its ticker, 289, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
Why invest in Wing On Company International from India
What Wing On Company International does
Wing On Company International Limited conducts its main business through department store operations across Hong Kong, mainland China, Australia, and the United States. The company's activities are broadly categorized into two principal divisions: retail department stores and property investment. Wing On Company International operates in the Department Stores industry within the Consumer Cyclical sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Wing On Company International stock from India?
Yes. Indian residents and NRIs can buy Wing On Company International (289) shares directly through Paasa. Wing On Company International is listed on the Hong Kong Stock Exchange, in the Department Stores industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full Wing On Company International share?
Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$12.80 a share, size the order by the lot, not by the share.
What tax do I pay in India when I sell Wing On Company International shares?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Would my heirs owe estate tax on Wing On Company International shares?
Hong Kong has no estate duty. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.