Onewo Inc.'s (HKG:2602) Business Is Yet to Catch Up With Its Share Price

Simply Wall St.02-05

With a price-to-earnings (or "P/E") ratio of 17x Onewo Inc. (HKG:2602) may be sending bearish signals at the moment, given that almost half of all companies in Hong Kong have P/E ratios under 12x and ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2609345914?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/9612014-choice2-main-header/1585186781436","is_english":true,"pubTime":"2026-02-05 09:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2609345914","market":"nz","top_or_hot":-1,"title":"Onewo Inc.'s (HKG:2602) Business Is Yet to Catch Up With Its Share Price","media":"Simply Wall St.","content":"<div>\n<p>With a price-to-earnings (or \"P/E\") ratio of 17x Onewo Inc. (HKG:2602) may be sending bearish signals at the moment, given that almost half of all companies in Hong Kong have P/E ratios under 12x and ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-2602/onewo-shares/news/onewo-incs-hkg2602-business-is-yet-to-catch-up-with-its-shar\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Onewo Inc.'s (HKG:2602) Business Is Yet to Catch Up With Its Share Price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOnewo Inc.'s (HKG:2602) Business Is Yet to Catch Up With Its Share Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-05 09:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-2602/onewo-shares/news/onewo-incs-hkg2602-business-is-yet-to-catch-up-with-its-shar><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With a price-to-earnings (or \"P/E\") ratio of 17x Onewo Inc. (HKG:2602) may be sending bearish signals at the moment, given that almost half of all companies in Hong Kong have P/E ratios under 12x and ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-2602/onewo-shares/news/onewo-incs-hkg2602-business-is-yet-to-catch-up-with-its-shar\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02602","symbol_name":"万物云","start_time":0,"source_url":"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-2602/onewo-shares/news/onewo-incs-hkg2602-business-is-yet-to-catch-up-with-its-shar","article_id":"2609345914","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/9612014-choice2-main-header/1585186781436"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-2602/onewo-shares/news/onewo-incs-hkg2602-business-is-yet-to-catch-up-with-its-shar","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2609345914","pubTimestamp":1770254619,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"With a price-to-earnings (or \"P/E\") ratio of 17x Onewo Inc. ( HKG:2602 ) may be sending bearish signals at the moment...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"02602":"万物云","BK1229":"房地产经营公司","BK1258":"房地产运营公司"},"translate_title":"Onewo Inc.(HKG：2602)的业务尚未赶上其股价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02602":1.5},"content_text":"With a price-to-earnings (or \"P/E\") ratio of 17x Onewo Inc. (HKG:2602) may be sending bearish signals at the moment, given that almost half of all companies in Hong Kong have P/E ratios under 12x and even P/E's lower than 7x are not unusual.  Although, it's not wise to just take the P/E at face value as there may be an explanation why it's as high as it is.    Trump has pledged to \"unleash\" American oil and gas and these 15 US stocks have developments that are poised to benefit.  Onewo hasn't been tracking well recently as its declining earnings compare poorly to other companies, which have seen some growth on average.   It might be that many expect the dour earnings performance to recover substantially, which has kept the P/E from collapsing.  If not, then existing shareholders may be extremely nervous about the viability of the share price.     See our latest analysis for Onewo SEHK:2602 Price to Earnings Ratio vs Industry February 5th 2026 If you'd like to see what analysts are forecasting going forward, you should check out our free report on Onewo. Advertisement Is There Enough Growth For Onewo?   There's an inherent assumption that a company should outperform the market for P/E ratios like Onewo's to be considered reasonable.   If we review the last year of earnings, dishearteningly the company's profits fell to the tune of 31%.   The last three years don't look nice either as the company has shrunk EPS by 41% in aggregate.  Accordingly, shareholders would have felt downbeat about the medium-term rates of earnings growth.     Looking ahead now, EPS is anticipated to climb by 16% per annum during the coming three years according to the eleven analysts following the company.  With the market predicted to deliver 14% growth  per annum, the company is positioned for a comparable earnings result.  With this information, we find it interesting that Onewo is trading at a high P/E compared to the market.  It seems most investors are ignoring the fairly average growth expectations and are willing to pay up for exposure to the stock.  These shareholders may be setting themselves up for disappointment if the P/E falls to levels more in line with the growth outlook.    What We Can Learn From Onewo's P/E?  While the price-to-earnings ratio shouldn't be the defining factor in whether you buy a stock or not, it's quite a capable barometer of earnings expectations.  We've established that Onewo currently trades on a higher than expected P/E since its forecast growth is only in line with the wider market.  When we see an average earnings outlook with market-like growth, we suspect the share price is at risk of declining, sending the high P/E lower.  This places shareholders' investments at risk and potential investors in danger of paying an unnecessary premium.      You always need to take note of risks, for example - Onewo has 3 warning signs   we think you should be aware of.   Of course, you might find a fantastic investment by looking at a few good candidates. So take a peek at this free list of companies with a strong growth track record, trading on a low P/E.  New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2609345914","isCrawlerRequest":true}