Envision GreenWise - expects net profit of HK$58 mln-HK$63 mln for FY ended March 31, 2026
Envision Greenwise Holdings Limited (SEHK:1783) has announced its expected net profit for the fiscal year ended March 31, 2026, in the range of HK$58 million to HK$63 million. This marks a significant turnaround for the company, which reported a net loss of HK$15.7 million for the full year 2025. The projected net profit is attributed to a substantial increase in revenue, which is expected to continue the upward trend seen in recent quarters. For the first half of 2026, the company reported a 229% increase compared to the same period in 2025.
The company’s performance has been driven by its operations in the construction and environmental services sectors, including reverse supply chain management and battery recycling initiatives. Despite a historically low net profit margin of 1.9% in the first half of 2026, the company has demonstrated improved cost control and operational efficiency.
Envision Greenwise’s share price has experienced significant volatility in recent months, with a 37.18% increase over the past 30 days and a 12.63% increase over the past year. However, the stock remains undervalued relative to its intrinsic worth, according to Simply Wall St analysis. The company’s market capitalization currently stands at HK$12.14 billion, with a price-to-earnings (P/E) ratio of 475.4x and a price-to-sales (P/S) ratio of 8.6x.
The company has also been active in capital raising, having completed several follow-on equity offerings in recent months. These include a HK$155 million offering in October 2025 and a HK$129.318 million offering in December 2025. The board has also seen several changes, including appointment of Mr. Fei Yiping as a non-executive director, effective January 16, 2026.
While the company’s earnings have historically been volatile, the projected net profit for FY 2026 represents a positive development for shareholders. Investors will be watching closely to see if the company can maintain its momentum and continue to improve profitability in the coming quarters.
