Skip to content
MARKETS / NASDAQ / WXM
NASDAQ · CONSTRUCTION - SPECIAL TRADE CONTRACTORS · SMALL CAP

WF International Ltd. WXM

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$13.4M
▼ 13.7% YoY
$-3.3M
▼ 441.5% YoY
In brief

What this company does

WF International Limited is a Cayman Islands exempted company formed on March 2, 2023, structured as a holding company and currently conducting its operations in China primarily through its PRC subsidiary, Shanyou HVAC. On April 2, 2025, we closed the initial public offering of our ordinary shares on the Nasdaq Capital Market (the “IPO”) for aggregate gross proceeds of $5,600,000, before deducting underwriting discounts and offering expenses. The ordinary shares are listed on the Nasdaq Capital Market under the symbol “WXM.” WF is a holding company incorporated as an exempted company under the laws of the Cayman Islands. As a holding company with no material operations of its own, it conducts substantially all of its operations through its PRC subsidiaries, primarily Shanyou HVAC. We are principally engaged in the provision of supply, installation, fitting-out and maintenance services for HVAC system, floor heating systems and water purification systems. Our competitors mainly consist of local players in Sichuan Province, China, such as Sichuan Zhicheng Electromechanical Engineering Co., Ltd., which primarily caters to corporate customers in the central air conditioning market. They offer popular brands such as Gree, Daikin, and York.

Written from the business description in WF International Limited's annual report to the U.S. Securities and Exchange Commission, filed 30 January 2026. Every sentence was checked against that document before publication.

Growth
USD 13.4M
Revenue, FY2025 · full 4-year series below
Revenue $M Net income $M
FY2025 · Revenue 13.4 · Net income -3.3
8M-2M2022202320242025
Compound annual growth
+5.8%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−25 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -21.4% · Net -24.5%
5%10%-10%-20%2022202320242025
ROE
FY2025 · ROE -71.9%
20%40%60%-20%-40%-60%2022202320242025

Each USD of equity lost 72 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks

Total assetsUSD 13.7M
EquityUSD 4.8M
Gross debtUSD 762,547.00
Current ratio1.11×

Equity funds 35% of total assets.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022
Revenue $B0.00.00.00.0
Operating income $B−0.00.00.00.0
EBITDA $B−0.00.00.00.0
Income tax $B0.00.00.00.0
Net income $B−0.00.00.0−0.0
Free cash flow $B·0.0··
EPS, diluted $−0.530.180.270.00
Dividend / sh $····
Payout %····
ROE %−71.925.975.7−0.4
Shares out B0.010.010.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 17 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 78 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityConstruction - Special Trade Contractors
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsSeptember 30
SEC categoryemerging growth company
Data on record since2022

Share this section

Download image