Stocktoria
Wellchange Holdings Co Ltd WCT
Wellchange Holdings Co Ltd (WCT) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2025 revenue was $1.3M at a -543.2% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -1.01 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.331 |
| Retained earnings / assets | -0.45 |
| EBIT / assets | -0.464 |
| Equity / liabilities | 4.521 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| WCT | Wellchange Holdings Co Ltd | 4/9 | 2.33 | — | — |
| ATHR | Aether Holdings, Inc. | 3/9 | — | — | — |
| SITS | SOUTHERN ITS INTERNATIONAL, INC. | 2/9 | — | — | — |
| SVMB | Jingbo Technology, Inc. | 5/9 | -16.66 | — | — |
| AIFF | FIREFLY NEUROSCIENCE, INC. | 4/9 | — | — | — |
| PLTS | Platinum Analytics Cayman Ltd | 1/9 | 3.44 | — | — |
| MTC | MMTEC, INC. | 3/9 | -16.68 | — | — |
About Wellchange Holdings Co Ltd
Wellchange Holdings Company Limited, through its subsidiaries, operates as an enterprise software solution services provider 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 IT software including desktop software development service, web and mobile application 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.
FAQ
Is WCT financially healthy?
Wellchange Holdings Co Ltd's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does WCT pay a dividend?
No, Wellchange Holdings Co Ltd does not currently pay a dividend.
How profitable is WCT?
In FY2025, Wellchange Holdings Co Ltd had a net margin of -543.2% and a return on equity of -65.7%.
Is WCT a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Wellchange Holdings Co Ltd: a Piotroski F-score of 4/9, an Altman Z″ in the grey zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.