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Fountain Set (Holdings) Limited
(Frankfurt:0420)
Fountain Set (Holdings) Limited (0420) vs. iShares MSCI Hong Kong ETF (EWH)
Fountain Set (Holdings) Limited Business Overview & Revenue Model
Fountain Set (Holdings) Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.43B | 4.44B | 6.05B | 6.75B | 4.94B |
| Gross Profit | 529.41M | 321.99M | 577.82M | 879.54M | 611.13M |
| EBITDA | 252.01M | 339.40M | 204.77M | 549.24M | 377.72M |
| Net Income | 14.26M | 50.90M | -115.53M | 241.33M | 85.71M |
Balance Sheet | |||||
| Total Assets | 4.61B | 4.90B | 5.05B | 5.75B | 5.43B |
| Cash, Cash Equivalents and Short-Term Investments | 1.30B | 1.38B | 1.39B | 824.98M | 1.26B |
| Total Debt | 182.67M | 325.03M | 579.25M | 482.31M | 414.18M |
| Total Liabilities | 1.16B | 1.43B | 1.62B | 1.99B | 1.85B |
| Stockholders Equity | 3.24B | 3.27B | 3.22B | 3.56B | 3.39B |
Cash Flow | |||||
| Free Cash Flow | -25.39M | 195.00M | 741.49M | -372.07M | 470.90M |
| Operating Cash Flow | 151.70M | 293.76M | 905.63M | -210.39M | 601.30M |
| Investing Cash Flow | 11.07M | 1.86M | -136.63M | -148.77M | -145.24M |
| Financing Cash Flow | -242.52M | -309.90M | -171.40M | -64.78M | -171.54M |
Fountain Set (Holdings) Limited Technical Analysis
Fountain Set (Holdings) Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$862.50M | 5.06 | 21.91% | 8.12% | -4.16% | -2.85% | |
57 Neutral | €796.27M | 56.03 | 0.43% | 1.78% | -0.31% | -72.12% | |
56 Neutral | $3.37B | 4.05 | -1.30% | 6.64% | 0.16% | -63.79% | |
54 Neutral | HK$1.16B | 10.00 | 2.43% | 3.57% | 7.89% | 3176.19% | |
50 Neutral | $1.81B | 10.82 | 5.75% | 20.89% | 10.66% | 3.88% | |
45 Neutral | HK$463.37M | ― | -1.72% | ― | 14.05% | 56.22% |
Fountain Set (Holdings) Limited Corporate Events
Fountain Set (Holdings) Limited announced the appointment of Dr. LIN Lin as an independent non-executive Director. The company confirmed her independence, stating she meets all criteria set by the Listing Rules and has no financial interests or connections with the company’s core connected persons. This appointment is expected to strengthen the company’s governance structure.
Fountain Set (Holdings) Limited has announced changes to its board of directors, effective from June 7, 2025. The company, incorporated in Hong Kong, has appointed Mr. LIU Xianfu as the Chairman and Chief Executive Officer, along with other executive, non-executive, and independent non-executive directors. The announcement includes the composition of the board committees, which are crucial for the company’s governance structure. These changes are likely to impact the company’s strategic direction and governance, potentially influencing its market position and stakeholder relations.
Fountain Set (Holdings) Limited has announced the forfeiture of unclaimed final dividends from 2018, as per their Articles of Association. The dividends, initially payable on May 31, 2019, will be forfeited and revert to the company if not claimed by July 5, 2025. Shareholders who have not yet received their dividend payments are advised to contact the company’s share registrar.
Fountain Set (Holdings) Limited announced that all proposed resolutions at its Annual General Meeting held on June 6, 2025, were successfully passed by shareholders. Key resolutions included the re-election of directors, approval of dividends, and granting of mandates for share issuance and repurchase. The meeting also saw the reappointment of SHINEWING (HK) CPA Limited as the company’s independent auditor. The resolutions reflect the company’s ongoing strategic initiatives and governance practices, which are likely to impact its operational and financial strategies positively.
Fountain Set (Holdings) Limited has announced significant changes to its board of directors. Mr. William Lam will resign as an independent non-executive director, a member of the Audit Committee, and a member of the Nomination Committee, effective June 7, 2025, to focus on personal engagements. Dr. Lin Lin will join as an independent non-executive director and a member of the Nomination Committee, while Dr. Yen Gordon will become a member of the Audit Committee, both effective the same date. The company expressed gratitude to Mr. Lam for his contributions and highlighted Dr. Lin’s extensive experience in the textile industry, which is expected to bolster the company’s strategic direction.
Fountain Set (Holdings) Limited has announced its upcoming annual general meeting scheduled for June 6, 2025. Key agenda items include the adoption of financial statements for the year ended December 31, 2024, approval of a final and special dividend, re-election of directors, and authorization of directors’ remuneration. Additionally, the company seeks approval for share buyback and issuance resolutions, which could impact its stock market activities and stakeholder interests.
Fountain Set (Holdings) Limited has announced the renewal of its existing continuing connected transactions with COFCO Finance through a new 2028 Financial Services Agreement. This agreement, effective from July 2025 to July 2028, encompasses Deposit, Loan, and Other Financial Services, and is subject to various compliance requirements under Hong Kong’s Listing Rules. The renewal aims to ensure the continuation of financial services in the ordinary course of business, with specific conditions and exemptions outlined for different types of services. The company has established an Independent Board Committee and appointed VS Capital as the Independent Financial Adviser to evaluate the fairness and reasonableness of the agreement, which will be subject to approval at a forthcoming general meeting.