Wellchange (WCT)
Customized software, white-label applications and cloud ERP subscriptions for Hong Kong small and medium-sized businesses.
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Sells customized and white-label business software alongside MR. CLOUD, a subscription ERP platform for small and medium-sized businesses. Project fees, subscription revenue and Hong Kong-centered relationship sales feed a one-segment business run through a Cayman holding company and Hong Kong operating subsidiary.
Builds customized software, white-label applications and subscriptions to MR. CLOUD, a multi-tenant ERP platform for small and medium-sized businesses. Custom work spans websites, web applications, and desktop/cross-platform software; engagements run from requirements definition through deployment, training and support. White-label customers adapt unbranded applications for resale.
Delivers MR. CLOUD through web and mobile applications, combining human resources, finance, sales, project, inventory and customer-management functions on one platform. Revenue is generated chiefly in Hong Kong, where customer acquisition relies on referrals, reputation and existing relationships, with Singapore and Australia identified as expansion markets.
Operates through a Hong Kong software subsidiary beneath a Cayman holding company and BVI intermediary, so shareholders own holding-company shares rather than direct equity in the operating subsidiary. The founder controls voting power through dual-class shares; platform delivery depends on third-party Hong Kong data centers and external infrastructure.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Dec 31, 2025Cash & short-term investments $2.8M · Total debt $522.9K · Total assets $13.6M · Shareholders' equity $11.2M
- Revenue
- $19.3K
- Operating income
- −$395.5K
- Net income
- −$558.7K
No dividends on record.
| Institutions1 holder · as of Mar 31, 2026 | 0.02% | 459 shares | |
| Otherremainder | 99.98% | 2.90M shares |
2.91M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
UBS Group AGInstitution | 0.02% | 459 | 13Fas of Mar 31, 2026 |
Chan Cheung HingInsider | —27.54% of class, as filed | — | 13Dfiled Oct 8, 2025 ↗ |
Chan Fuk HingInsider | —13.77% of class, as filed | — | 13Dfiled Oct 8, 2025 ↗ |
Ni SaijunInsider | —17.21% of class, as filed | — | 13Dfiled Oct 8, 2025 ↗ |
Shek Kin PongInsider | —38.50% of class, as filed | — | 13Dfiled Feb 21, 2025 ↗ |
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
Nothing filed in the last 12 months.
