Wellchange Holdings Company Limited (WCT)
$
0.2
-0.01 (-5.00%)
Key metrics
Financial statements
Free cash flow per share
-0.0153
Market cap
10.6 Million
Price to sales ratio
4.5994
Debt to equity
0.1225
Current ratio
1.0438
Income quality
0.7325
Average inventory
0
ROE
-0.1172
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Wellchange Holdings Company Limited, through its subsidiaries, operates as an enterprise software solution services provider primarily in Hong Kong. The company provides tailor-made software solutions, cloud-based software-as-a-service (SaaS) solutions, and white-labelled software design and development services. The company also operates MR. CLOUD, a cloud-based SaaS enterprise resource planning software platform based on subscription services to support back-office and front-office functions, such as finance and accounting, procurement, manufacturing, inventory management, order management, warehouse management, supply chain management, customer relationship management, professional services automation, project and file management, human resources management, e-commerce, and marketing automation. In addition, the company offers mobile application, web development, and desktop software development services. It serves small and medium-sized businesses and corporate customers. The company was founded in 2011 and is based in Cheung Sha Wan, Hong Kong. Wellchange Holdings Company Limited operates as a subsidiary of Power Smart International Limited.
News
globenewswire.com
Hong Kong, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Wellchange Holding Company Limited (NASDAQ: WCT) (“Company” or the “Wellchange”), an enterprise software solution services provider headquartered in Hong Kong, today announced the closing of its public offering of 25,000,000 ordinary shares at a public offering price of $0.40 per ordinary share.
globenewswire.com
Hong Kong, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Wellchange Holding Company Limited (NASDAQ: WCT) (“Company” or the “Wellchange”), an enterprise software solution services provider headquartered in Hong Kong, today announced the pricing of its public offering (“Offering”) of 25,000,000 ordinary shares at a public offering price of $0.40 per ordinary share.
globenewswire.com
HONG KONG, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (the “Company” or “Wellchange”) (Nasdaq: WCT), an enterprise software solution services provider headquartered in Hong Kong, today announced that the underwriters of its previously announced initial public offering (the "Offering") have exercised their over-allotment option in full to purchase an additional 165,000 ordinary shares at the public offering price of US$4.00 per share, resulting in additional gross proceeds of $660,000. After giving effect to the full exercise of the over-allotment option, the total number of ordinary shares sold by Wellchange in the public offering increased to 1,265,000 ordinary shares and the gross proceeds increased to approximately $5.06 million, before deducting underwriting discounts and offering expenses payable by the Company. The option closing date was October 17, 2024.The Company also issued the representative of the underwriters warrants to purchase up to 5,775 Ordinary Shares. The Ordinary Shares had begun trading on the Nasdaq Capital Market on October 2, 2024, under the ticker symbol “WCT.”
seekingalpha.com
Seven IPOs debuted in the US this past week, raising a combined $1.8 billion. Six companies submitted initial filings this past week, most notably Ingram Micro and Cerebras Systems. As many as six companies are expected to price their IPOs in the upcoming week, including two large deals.
globenewswire.com
HONG KONG, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (the “Company” or “Wellchange”) (Nasdaq: WCT), an enterprise software solution services provider headquartered in Hong Kong, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares, par value US$0.00005 per share (the “Ordinary Shares”), 1,100,000 of which are being offered by the Company and 900,000 by a selling shareholder, at a public offering price of US$4.00 per ordinary share. The Ordinary Shares began trading on the Nasdaq Capital Market on October 2, 2024, under the ticker symbol “WCT.”
globenewswire.com
HONG KONG, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (the “Company” or “Wellchange”), an enterprise software solution services provider headquartered in Hong Kong, today announced the pricing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares, par value US$0.00005 per share (the “Ordinary Shares”), 1,100,000 of which are being offered by the Company and 900,000 by a selling shareholder, at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on October 2, 2024, U.S. Eastern time, under the ticker symbol “WCT.”
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