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0.00%
Close of 9 Nov 2026, in HKD
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About World Houseware (Holdings)
Its shares trade on HKEX under the ticker 713.HK. It has been listed since 15 April 1993. In the fiscal year to 31 December 2024, it reported revenue of HK$318.3m and a net loss of HK$322.2m. At that date it held total assets of HK$2.63bn and shareholders' equity of HK$1.11bn.
World Houseware (Holdings) Ltd. is an investment company, which engages in the manufacture and sales of pipes and fittings. The company employs 815 full-time employees The firm operates through four segments. Household Products segment is engaged in the manufacture and distribution of household products. Polyvinyl Chloride (PVC) Pipes and Fittings segment is engaged in the manufacture and sales of PVC pipes and fittings. Food Waste Recycling segment is engaged in the recycling of food waste. Others segment is engaged in the investment in properties. The firm is also engaged in the trading of building materials and the provision of transportation services through its subsidiaries.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Building Products
- Listed since
- 15 Apr 1993
- Employees
- 815
- Website
- worldhse.com ↗
Leadership
Pay as last reported
- Mr. Tat Hing LeeExecutive Chairman of the BoardHK$8.7m
- Ms. Mei Po FungChief Executive Officer, Executive Director, since 2023HK$3.2m
- Mr. Cho Wai LeungController, Executive Director, since 2007
- Mr. Chi Yuen TsuiExecutive Director, Company Secretary, since 2007
- Mr. Chun Sing LeeExecutive Director, since 2023HK$3.2m
- Mr. Hon Sing LeeExecutive Director, Senior Management Member, since 2005
- Mr. Kwok Sing LeeExecutive Director, since 2005HK$2.2m
- Ms. Lai Wah LaiSenior Management Member, since 2020HK$912,000
- Ms. Fung Mei LeeSenior Sales Manager
- Mr. Wen Bi WangEngineering and Technology Manager - PVC Pipes and Fittings Segment
- Mr. Sung Kong WongChief Artist
- Mr. Tze Man CheungNon-Executive DirectorHK$198,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- World Houseware (Holdings) Ltd possesses several strengths that contribute to its success in the market. Firstly, the company has an extensive product line of high-quality houseware items, catering to a diverse range of customer needs. This allows them to attract a wide customer base and increase brand loyalty.
- Secondly, World Houseware (Holdings) Ltd has established a strong distribution network, enabling efficient delivery of its products to various retail outlets and customers worldwide. This streamlined logistics operation gives them a competitive edge and enhances customer satisfaction.
- Additionally, the company boasts a skilled and experienced team, knowledgeable in the houseware industry. This expertise allows for the development of innovative and market-responsive products, providing a constant stream of new offerings to customers.
Weaknesses
- Despite its strengths, World Houseware (Holdings) Ltd does face some weaknesses that could hinder its growth potential in the market. One weakness is the company's heavy reliance on a few key suppliers for raw materials. Any disruption in the supply chain could lead to production delays and increased costs.
- Moreover, the company might struggle with the management of its diverse product range. Ensuring consistent quality across all products and managing inventory levels efficiently can be a challenging task. This could result in occasional quality control issues and potential stock imbalances.
- Furthermore, World Houseware (Holdings) Ltd has limited brand recognition compared to some of its competitors. This puts them at a disadvantage when trying to compete with established and well-known brands in the industry.
Opportunities
- World Houseware (Holdings) Ltd has several opportunities to explore and expand its market presence. Firstly, the increasing trend towards environmentally-friendly and sustainable products presents an opportunity for the company to develop and market eco-friendly houseware options, catering to the growing consumer demand for such products.
- Secondly, global population growth and urbanization provide an expanding customer base for houseware products. By targeting emerging markets and adapting their products to specific cultural preferences, the company can tap into new revenue streams and expand its market share.
- Additionally, advancements in technology offer opportunities for World Houseware (Holdings) Ltd to enhance its processes, such as incorporating more efficient production techniques or developing smart home-enabled houseware products.
Threats
- World Houseware (Holdings) Ltd should be wary of potential threats that could impact its business operations. Firstly, intense competition within the houseware industry poses a threat to the company's market position. Competitors may offer similar products at lower prices or with stronger brand recognition, making it challenging for World Houseware (Holdings) Ltd to differentiate itself.
- Secondly, fluctuating raw material prices and availability can affect the company's profitability, especially if they are unable to secure stable and cost-effective supply sources.
- Lastly, economic downturns and recessions can significantly impact consumer spending on non-essential items like houseware products. In such circumstances, World Houseware (Holdings) Ltd should be prepared to adapt its business strategies to navigate challenging market conditions.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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