Far East Consortium International (0035) AI Stock Analysis

• Market Cap: $2.54B
• Dividend Yield: 13.41%
• Average Volume (3M): 907.02K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: -6.91%
• EPS Growth: -624.40%
• Country: HK
• Employees: 4,500
• Sector: Real Estate
• Sector Strength: 54
• Industry: Real Estate - Development
• EPS (TTM): -0.17
• Shares Outstanding: 3,059,040,500
• 10 Day Avg. Volume: 810,568
• 30 Day Avg. Volume: 907,019
• PEG Ratio: <0.01
• Price to Book (P/B): 0.19
• Price to Sales (P/S): 0.26
• P/FCF Ratio: 0.65
• Enterprise Value/Market Cap: 10.95
• Enterprise Value/Revenue: 3.06
• Enterprise Value/Gross Profit: 9.30
• Enterprise Value/Ebitda: 20.64
• 1Y Price Target: $1.10
• Price Target Upside: 34.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 53 Neutral
• Price Target: HK$1.00 ▲(21.95% Upside)

The overall stock score of 53 reflects significant challenges in financial performance, particularly in profitability and leverage. The technical analysis suggests a bearish trend, although the stock is not currently overbought or oversold. Valuation is concerning due to negative earnings, but the high dividend yield provides some appeal. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Geographical Diversification

Far East Consortium’s core business operations, including property, hotel, and gaming, are geographically diversified, differentiating it from other Hong Kong-based property plays.

Hotel Earnings Strengthening

The addition of new hotels in Hong Kong and the UK should strengthen the company’s hotel earnings over the long term.

Long-term Growth

Portfolio expansion to drive long-term hotel earnings growth.

Negative Factors

Dividend Concerns

No final dividend was declared for FY25, which may lead to share price volatility.

Foreign Currency and Execution Risks

Any adverse foreign currency movements and execution issues at its overseas operations could affect FEC’s earnings and NAV.

Net Loss Impact

FY25 net loss reached HKD1.3bn due to revaluation loss on investment properties and impairment provisions.

Far East Consortium International Business Overview & Revenue Model

Company Description

Far East Consortium International Limited, an investment holding company, engages in the property development and investment, hotel operations and management, car park operations and facilities management, gaming and related operations, and securities and financial product investments. It develops a portfolio of residential properties; invests in retail and office buildings; and operates hotels. The company also operates third party and self-owned car parks; and owns and operates casinos and gaming facilities, as well as operated bars. In addition, it provides loan financing, sales agency, mortgage, administration and management, treasury management, vault, and hotel management and consultancy services. As of March 31, 2022, the company owned and operated 31 hotels with approximately 8,149 rooms; and managed 424 car parks with approximately 120,200 car parking bays. It has operations in Australia, New Zealand, Hong Kong, Malaysia, the Czech Republic, the People's Republic of China, Singapore, the United Kingdom, and the rest of Europe. The company was incorporated in 1990 and is based in Central, Hong Kong.

How the Company Makes Money

Far East Consortium generates revenue primarily through its property development and investment activities, which include the sale and leasing of residential and commercial properties. The company profits from the development of real estate projects, where it typically sells units upon completion. Additionally, the hotel operations segment contributes to revenue through room bookings, food and beverage sales, and event hosting. Car park operations also provide a steady income stream through parking fees. Key partnerships with local governments and other developers enhance its project pipeline and facilitate urban renewal efforts, further bolstering earnings. In recent years, the company has increasingly focused on international expansion, particularly in Australia and the UK, diversifying its revenue sources and reducing market risks.

Far East Consortium International Financial Statement Overview

Summary

Far East Consortium International has demonstrated notable revenue growth and improved cash flow management, which are positive indicators for future performance. However, the company faces challenges in terms of profitability margins and high leverage, which necessitate strategic focus on cost control and debt management. Overall, the financial health of the company is on an upward trajectory, but careful attention to profitability and leverage is crucial.

Income Statement

Far East Consortium International has shown a strong revenue growth of 54.4% from the previous year, indicating a positive trajectory in its income generation. The gross profit margin stands at 33.9% and net profit margin at 2.2%, which are moderate and suggest room for improvement in cost management and net profitability. The EBIT margin is 16.9%, reflecting decent operational efficiency. Overall, the income statement reflects growth but also highlights the need for better profitability enhancement.

Balance Sheet

The company has a high debt-to-equity ratio of 1.93, indicating significant leverage, which could pose risks if not managed properly. The return on equity is moderate at 1.55%, suggesting that shareholders are receiving limited returns on their investments. An equity ratio of 30.8% indicates a balanced capital structure but leans toward higher liabilities. The balance sheet shows stability with a need for careful management of leverage.

Cash Flow

The company witnessed a substantial improvement in free cash flow from a negative figure to a positive one, indicating better cash management. The operating cash flow to net income ratio is a healthy 15.8, showing strong cash generation ability relative to net income. However, the free cash flow to net income ratio of 9.5 also indicates efficient cash usage. Overall, the cash flow statement shows significant improvement in liquidity and cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.08B	9.57B	10.20B	6.61B	6.05B	6.00B
Gross Profit	2.99B	2.36B	3.46B	1.89B	2.16B	1.88B
EBITDA	1.35B	586.18M	2.23B	1.21B	1.47B	1.48B
Net Income	-569.07M	-1.00B	226.10M	172.19M	1.51B	543.19M
Balance Sheet
Total Assets	46.94B	42.54B	47.26B	53.42B	54.80B	49.90B
Cash, Cash Equivalents and Short-Term Investments	3.82B	3.18B	3.92B	6.62B	9.58B	7.81B
Total Debt	28.02B	25.69B	28.13B	35.56B	34.71B	31.19B
Total Liabilities	32.25B	29.44B	32.39B	40.68B	39.80B	35.73B
Stockholders Equity	14.38B	12.79B	14.58B	12.36B	14.63B	13.80B
Cash Flow
Free Cash Flow	1.25B	3.77B	2.16B	-3.09B	-2.42B	519.20M
Operating Cash Flow	1.75B	4.91B	3.58B	-2.20B	-1.36B	1.45B
Investing Cash Flow	-640.99M	-790.70M	-1.11B	-1.30B	-68.08M	-2.43B
Financing Cash Flow	-71.79M	-4.62B	-4.04B	1.10B	3.95B	2.27B

Far East Consortium International Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.82
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0035, the sentiment is Neutral. The current price of 0.82 is above the 20-day moving average (MA) of 0.79, below the 50-day MA of 0.84, and below the 200-day MA of 0.90, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 54.71 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0035.

Far East Consortium International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$6.82B	13.21	-0.71%	7.17%	3.67%	-27.43%
0026	60 Neutral	HK$2.70B	―	-1.88%	11.90%	-1.10%	27.14%
0194	60 Neutral	HK$1.80B	―	-3.74%	6.22%	54.72%	59.72%
0035	53 Neutral	$2.54B	―	-11.87%	13.41%	-6.91%	-624.40%
AGPYF	―	$292.51M	―	-90.47%	―	―	―
USH	―	€252.70M	―	-10.95%	―	―	―
0088	53 Neutral	HK$2.10B	33.43	0.98%	7.14%	-56.63%	-16.16%

Far East Consortium International Corporate Events

Far East Consortium Announces Strategic Transactions with The Star Group

Far East Consortium International Limited has announced a series of transactions involving The Star Group, which include the acquisition and sale of various securities and assets. These transactions will result in joint ventures and changes in ownership structures, impacting the company’s financial consolidation and market positioning. The company will retain development rights in the DGCC Precinct, with potential financial implications if these rights are terminated. The transactions are significant enough that an alternative size test is being considered by the Stock Exchange to better reflect the company’s market capitalization and the materiality of these transactions.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

Far East Consortium Announces Trading Halt Pending Major Announcement

Far East Consortium International Limited has announced a trading halt on its shares on the Hong Kong Stock Exchange as of August 12, 2025. This halt is pending the release of an announcement regarding a notifiable transaction that contains inside information, which could have significant implications for the company’s operations and stakeholders.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

Far East Consortium Announces Mortgage Portfolio Transaction in Hong Kong

Far East Consortium International Limited has announced a discloseable transaction involving its mortgage portfolio in Hong Kong. The transaction involves the sale of first-lien mortgage facilities with maturities ranging from 2029 to 2049, totaling an outstanding principal amount of HK$550,975,575. The company will act as a transitional servicer before other credit servicers manage the mortgage assets. This move is expected to improve the company’s liquidity and reduce operational costs, as the company will no longer be the mortgagee of the underlying loans. The transaction is deemed fair and reasonable, providing economic benefits without incurring maintenance costs.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

Far East Consortium Announces 2025 Annual General Meeting

Far East Consortium International Limited has announced its upcoming annual general meeting scheduled for August 27, 2025. Key agenda items include the adoption of financial statements, re-election of directors, and re-appointment of auditors. Additionally, the company seeks approval for directors to exercise powers to allot and issue shares, subject to certain conditions. This meeting is crucial for stakeholders as it addresses significant governance and operational decisions, potentially impacting the company’s strategic direction and shareholder value.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

Far East Consortium Announces Conditional Grant of Share Options to Executive Directors

Far East Consortium International Limited has announced a conditional grant of 20 million share options to its Executive Directors, Ms. Wing Kwan Winnie Chiu and Ms. Jennifer Wendy Chiu. This grant is part of the company’s share option scheme adopted in 2022 and is subject to acceptance by the grantees and approval by independent shareholders. The options have a vesting schedule from 2026 to 2029 and do not include performance targets or clawback mechanisms. This move could potentially align the interests of the directors with those of the shareholders, impacting the company’s governance and executive compensation strategy.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

Far East Consortium Extends Agreement Termination Date with The Star

Far East Consortium International Limited announced an extension of the termination date for the Heads of Agreement with The Star, related to the QWB Project. The extension aims to facilitate an orderly transition of management responsibilities and ensure certainty for stakeholders. The Star is required to fulfill specific payment obligations by the original termination date, with potential asset transfers if obligations are unmet. This development reflects ongoing negotiations and adjustments in the company’s strategic partnerships.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

Far East Consortium Completes Strategic Share Disposal

Far East Consortium International Limited has completed a significant transaction involving the disposal of shares in BC Investment Group Holdings Limited. This move marks a strategic decision by the company to potentially streamline its operations or reallocate resources, which could impact its market positioning and stakeholder interests.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.55 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

Far East Consortium Ends Agreement with The Star, Alters Strategic Direction

Far East Consortium International Limited announced the termination of its Heads of Agreement (HOA) with The Star, a decision that will take effect on July 7, 2025. The termination requires The Star to repay A$10 million to the joint venture partners or transfer its 33.3% interest in Tower 1 (Dorsett) if the repayment is not made within 30 days. This move indicates a significant shift in the company’s strategic plans, potentially impacting its operations and market positioning in Australia.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.55 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

Far East Consortium Issues Profit Warning Amid Non-Cash Impairments

Far East Consortium International Limited has issued a profit warning, anticipating a loss of up to HK$1,300 million for the fiscal year ending March 31, 2025, compared to a profit of HK$226 million the previous year. This expected loss is attributed to non-cash factors such as changes in the fair value of investment properties and impairment losses. Despite this, the company’s adjusted cash profit is expected to be at least HK$200 million, and the adjusted net gearing ratio is projected to remain stable, indicating resilience in its financial structure.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.55 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

Far East Consortium Schedules Board Meeting to Approve Annual Results

Far East Consortium International Limited has announced a board meeting scheduled for June 26, 2025, to approve the annual results for the year ending March 31, 2025, and to consider the recommendation of a final dividend. This announcement indicates the company’s ongoing commitment to transparency and shareholder engagement, potentially impacting investor confidence and market perception.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.55 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

Far East Consortium Announces Mortgage Asset Transaction in Hong Kong

Far East Consortium International Limited announced a discloseable transaction involving the sale and purchase of mortgage assets in Hong Kong. The transaction includes a Mortgage Portfolio Sale Agreement (MPSA) where the company’s subsidiaries are selling and transferring both beneficial and legal titles of mortgage assets to purchasers. This strategic move is part of the company’s efforts to manage its asset portfolio and could impact its financial positioning and stakeholder interests.

The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.55 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.