WF Holding Limited (WFF) operates as a manufacturer and supplier of fiberglass reinforced plastic (FRP) and related composite products, primarily serving industrial needs where corrosion resistance, durability, and engineered specifications are important. Based in Shah Alam, Malaysia, the company’s core offering centers on producing a broad range of FRP products, ...WF Holding Limited (WFF) operates as a manufacturer and supplier of fiberglass reinforced plastic (FRP) and related composite products, primarily serving industrial needs where corrosion resistance, durability, and engineered specifications are important. Based in Shah Alam, Malaysia, the company’s core offering centers on producing a broad range of FRP products, including filament wound and molded tanks, thermoplastic tanks, lining solutions, ducting and fitting products, and air pollution control equipment. In addition to standard product categories, WF Holding also highlights the ability to provide custom-made products—an important capability in industrial markets where dimensions, materials, and performance requirements can vary significantly by application.
From a services perspective, the business model extends beyond manufacturing into project support. The company provides delivery and installation, along with repair and maintenance services, and on-site consultation. This suggests WF Holding can support customers through installation and lifecycle service needs—often critical for industrial customers who require reliable system integration, commissioning support, and ongoing upkeep to minimize downtime.
Financially, the most recent snapshot provided (TTM) shows gross profit margin around 31.9%, but negative operating and net profitability indicators (e.g., EBIT margin approximately -62.8% and net profit margin approximately -64.4%). Liquidity measures appear relatively solid with a current ratio of about 2.5 and a quick ratio above 2, indicating the company is not immediately liquidity-stressed on these metrics. However, multiple cash-flow-related measures (free cash flow and operating cash flow ratios) appear negative or unfavorable in the provided dataset, which can be consistent with a business that is managing investment, working-capital needs, or transitional operating performance.
On valuation and per-share metrics, the dataset includes several zeros or non-informative values (e.g., price-to-earnings-related fields), which can occur around IPO-related periods, low/negative earnings, or data availability limitations. Therefore, the profile should treat those valuation ratios cautiously.
Regarding key people, the provided sources identify Chee Hoong Lew as Co-CEO/CEO and also reference additional executive leadership (e.g., co-CEO and director roles). WF Holding is described as being incorporated as a Cayman Islands exempted company on March 7, 2023, while Win-Fung (a related operating entity) was incorporated in Malaysia in 1984—indicating that the broader operating history may predate the holding company’s incorporation.
Overall, WF Holding combines FRP manufacturing with field services and engineering support, targeting industrial clients in Malaysia and broader regions, while the provided financial snapshot points to profitability challenges in the latest period despite reasonable liquidity. Future success for the company would likely depend on improving operating margins, sustaining working-capital discipline (including receivables and inventory management), and converting manufacturing output and service demand into consistent positive free cash flow.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$7.4M
+61.9%
—
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-4.8M
-4373.8%
—
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+31.9%
-21.0%
—
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-20.5%
-909.1%
—
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-64.4%
-2739.3%
—
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-2.7M
-487.3%
—
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-36.7%
-339.2%
—
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
8.2%
-47.3%
+83.2%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
2.51x
+65.3%
+141.6%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
