Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 14.17M | 9.26M | 4.70M | 24.82M | 37.25M |
Gross Profit | 11.73M | 6.30M | 1.67M | 23.92M | 35.36M |
EBITDA | 7.73M | 2.18M | -2.46M | -251.06M | 30.29M |
Net Income | -343.49M | -72.85M | -68.80M | -240.66M | 93.44M |
Balance Sheet | |||||
Total Assets | 771.92M | 1.36B | 1.44B | 1.55B | 1.87B |
Cash, Cash Equivalents and Short-Term Investments | 1.65M | 7.01M | 2.95M | 29.91M | 295.95M |
Total Debt | 655.64M | 590.45M | 587.78M | 604.31M | 659.34M |
Total Liabilities | 701.75M | 661.60M | 624.90M | 622.64M | 681.73M |
Stockholders Equity | 2.37M | 349.14M | 421.99M | 490.79M | 731.45M |
Cash Flow | |||||
Free Cash Flow | 8.03M | 5.18M | -20.58M | -220.90M | 12.29M |
Operating Cash Flow | 8.43M | 5.18M | -20.58M | -220.57M | 23.71M |
Investing Cash Flow | -399.00K | 76.00K | 23.97M | 72.86M | -8.99M |
Financing Cash Flow | -9.08M | -4.35M | -16.53M | -55.03M | -50.36M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
70 Outperform | HK$124.06M | 3.45 | 12.55% | 9.09% | -6.75% | 3.61% | |
67 Neutral | HK$212.00M | 3.42 | 28.06% | 7.21% | 48.01% | ― | |
53 Neutral | $1.19B | 3.49 | -2.19% | 6.01% | -2.24% | -167.40% | |
44 Neutral | HK$192.20M | ― | -19.24% | ― | -10.08% | -417.56% | |
41 Neutral | HK$456.05M | ― | -5.04% | ― | 46.93% | 63.40% | |
38 Underperform | HK$94.75M | ― | -199.48% | ― | 51.93% | -374.56% |
Far East Holdings International Ltd. has been notified by the Hong Kong Stock Exchange that it has failed to maintain sufficient operations to warrant the continued listing of its shares, leading to a suspension of trading. Despite attempts to recover from socio-economic challenges and the pandemic, the company’s operations remain small and unsustainable, with minimal revenue and continued losses. Plans to expand through acquisitions are preliminary and uncertain, and the company faces financial challenges, including insufficient resources to settle upcoming loans. The potential acquisitions could constitute reverse takeovers, further complicating the company’s situation.
Far East Holdings International Ltd. has announced a memorandum of understanding for a potential acquisition of a target group involved in the property business. The agreement includes an exclusivity period and due diligence review, with the aim to negotiate a sale and purchase agreement. This move could potentially enhance the company’s market position and expand its property portfolio, pending satisfactory due diligence and valuation.
Far East Holdings International Ltd. has entered into a memorandum of understanding to potentially acquire a target company that owns a hotel property in Macau. This strategic move, subject to due diligence and valuation, could enhance the company’s portfolio in the hospitality industry, offering potential growth opportunities and strengthening its market position.
Far East Holdings International Limited has announced a change in the composition of its Nomination Committee. Ms. Li Kai Lai Miranda, an existing executive director, has been appointed as a member of the Nomination Committee effective June 27, 2025. This appointment aligns with the amended Corporate Governance Code and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, which require gender diversity within the committee. The change aims to enhance the company’s compliance with governance standards.
Far East Holdings International Ltd. has announced the composition of its board of directors and their roles within the company. The board comprises executive, non-executive, and independent non-executive directors, with committees established for audit, remuneration, nomination, and investment functions. This announcement provides clarity on the governance structure of the company, potentially impacting its strategic decision-making and operational oversight.
Far East Holdings International Ltd. has announced a supplemental update regarding the placement of new shares under a general mandate and a connected transaction at the subsidiary level. The company plans to use the net proceeds of approximately HK$21.62 million primarily for repaying bank borrowings related to a mortgage loan and for general working capital purposes. This strategic financial maneuver is aimed at strengthening the company’s financial position by addressing existing liabilities and ensuring adequate cash flow for operational needs.
Far East Holdings International Ltd. has announced a placing of new shares under a general mandate and a connected transaction at the subsidiary level. On June 17, 2025, the company entered into a Placing Agreement with Kingston Securities Limited to issue 65,346,000 new shares at a discounted price of HK$0.344 per share. The transaction is expected to raise approximately HK$21.62 million, which will be used for general working capital, including loan repayment. The agreement is considered a connected transaction due to the involvement of Mrs. Chu, a substantial shareholder of a subsidiary, and has been approved by the company’s directors as fair and reasonable. The completion of the placing is subject to certain conditions, and stakeholders are advised to exercise caution.
Far East Holdings International Ltd. announced the successful passing of all ordinary resolutions at their Annual General Meeting held on June 11, 2025. The resolutions included the approval of the audited financial statements for 2024, re-election of directors, authorization of directors’ remuneration, reappointment of BDO Limited as auditor, and granting of mandates to repurchase and issue shares. This outcome reflects strong shareholder support and positions the company for continued strategic actions in the market.