Win Hanverky Holdings (HKSE:03322) Total Operating Expense: HK$565 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:03322 Win Hanverky Holdings Ltd HKSE:03322
36 GF Score
Price HK$0.19
GF Value HK$0.17
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Win Hanverky Holdings Total Operating Expense?

Win Hanverky Holdings HKSE:03322 +2.70% 36 Total Operating Expense is HK$565 Mil as of Dec. 2025. GuruFocus rates HKSE:03322 with a GF Score™ of 36/100 and a GF Value™ of HK$0.17 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Win Hanverky Holdings's Total Operating Expense for the six months ended in Dec. 2025 was HK$217 Mil. Win Hanverky Holdings's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was HK$565 Mil.

Win Hanverky Holdings Total Operating Expense Related Terms

Win Hanverky Holdings Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Win Hanverky Holdings's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Win Hanverky Holdings Total Operating Expense Chart

Win Hanverky Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,050.06 789.20 767.12 569.39 565.40

Win Hanverky Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 384.50 390.28 179.11 348.45 216.95
HKSE:03322
36GF Score
Win Hanverky Holdings Ltd HKSE:03322
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Win Hanverky Holdings Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$565 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of HK$565 Mil mean?
Win Hanverky Holdings (HKSE:03322) has a Total Operating Expense of HK$565 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Win Hanverky Holdings and its competitors.
Is Win Hanverky Holdings' Total Operating Expense too high?
Win Hanverky Holdings' current Total Operating Expense is HK$565 Mil. Overall, Win Hanverky Holdings has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Win Hanverky Holdings' Total Operating Expense compare to RL and LEVI?
Win Hanverky Holdings' Total Operating Expense of HK$565 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Manufacturing - Apparel & Accessories company?
A good Total Operating Expense depends on the Manufacturing - Apparel & Accessories industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Win Hanverky Holdings and its competitors. Win Hanverky Holdings's current Total Operating Expense is HK$565 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Win Hanverky Holdings stock overvalued right now?
Based on GuruFocus' analysis, Win Hanverky Holdings (HKSE:03322) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.19 — trading 11.8% above its estimated fair value. The current Total Operating Expense is HK$565 Mil. Win Hanverky Holdings' overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Win Hanverky Holdings (HKSE:03322), the current Total Operating Expense is HK$565 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Win Hanverky Holdings (HKSE:03322) Overvalued in 2026?

Based on GuruFocus' analysis, Win Hanverky Holdings stock appears to be overvalued. The current stock price of HK$0.19 is trading 11.8% above its estimated GF Value™ of HK$0.17. GuruFocus considers Win Hanverky Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:03322:

  • Total Operating Expense: HK$565 Mil
  • GF Value™: HK$0.17 vs. price of HK$0.19 (11.8% above fair value)
  • GF Score™: 36/100 with 4 warning signs

No single metric tells the full story. See the HKSE:03322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Win Hanverky Holdings Business Description

Address 481-483 Castle Peak Road, 6th Floor, Phase 6, Hong Kong Spinners Industrial Building, Kowloon, Hong Kong, HKG
Win Hanverky Holdings Ltd is engaged in the manufacturing and selling of garment products, including sportswear, high-end functional outerwear, high-end fashion apparel, and related accessories. The company operates in the segments of Manufacturing, High-end Functional Outerwear Manufacturing, and The Fashion Brands and Licensing. A majority of revenue is derived from the Manufacturing segment, which involves the manufacturing and sales of sportswear and high-end functional outerwear of both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.
36GF Score

Get the complete analysis for HKSE:03322

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.19
Price
HK$0.17
GF Value