Fulum Group Holdings Ltd. (1443) AI Stock Analysis

• Market Cap: HK$98.80M
• Dividend Yield: 3.95%
• Average Volume (3M): 74.47K
• Price to Earnings (P/E): 12.7
• Beta (1Y): -0.10
• Revenue Growth: 1.74%
• EPS Growth: -46.43%
• Country: HK
• Employees: 1,743
• Sector: Consumer Cyclical
• Sector Strength: 77
• Industry: Restaurants
• EPS (TTM): <0.01
• Shares Outstanding: 1,300,000,000
• 10 Day Avg. Volume: 95,800
• 30 Day Avg. Volume: 74,466
• PEG Ratio: -0.15
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.33
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Fulum Group Holdings Ltd. receives an overall score of 58, indicating potential concerns. While the company shows strength in cash flow generation and offers a solid dividend yield, the high leverage and weak technical indicators weigh negatively. Improved cost management and debt reduction are needed to enhance financial health and investor confidence.

Fulum Group Holdings Ltd. Business Overview & Revenue Model

Company Description

Fulum Group Holdings Ltd. (1443) is a leading restaurant chain operator based in Hong Kong, specializing in Chinese cuisine. The company operates a diverse range of dining concepts that cater to different customer segments, from casual family-style dining to more upscale experiences. With a strong presence in Hong Kong, Fulum Group is known for its quality food, customer service, and innovation in menu offerings.

How the Company Makes Money

Fulum Group Holdings Ltd. generates revenue primarily through its network of restaurants serving Chinese cuisine. The company's revenue streams include dine-in services, takeaway, and catering operations. Fulum Group leverages its multiple restaurant brands to target various market segments, from casual dining to premium dining experiences. The company also benefits from strategic locations in high-traffic areas and has implemented cost-control measures to enhance profitability. Factors such as partnerships with suppliers for quality ingredients and occasional promotional campaigns also contribute to its earnings.

Fulum Group Holdings Ltd. Financial Statement Overview

Summary

Fulum Group Holdings Ltd. exhibits mixed financial performance with positive revenue growth and cash flow generation, but challenges in profitability and high leverage. The company has improved net income and operational cash flows, but high debt levels and fluctuating profit margins pose potential risks.

Income Statement

Fulum Group Holdings Ltd. has demonstrated revenue growth over the past years, with a significant increase from 2023 to 2024. However, gross profit margins have been decreasing, indicating rising costs or competitive pressures. The net profit margin has improved in 2024, showing recovery from previous losses, but still remains low, suggesting profitability challenges. EBIT and EBITDA margins have fluctuated, highlighting volatility in operational efficiency.

Balance Sheet

The company's balance sheet shows a high debt-to-equity ratio, indicating significant leverage and potential risk if earnings do not improve. However, the equity ratio has improved slightly, suggesting better asset management. Return on Equity (ROE) has improved as net income turned positive in 2024, but remains modest, reflecting ongoing challenges in generating sufficient returns on shareholders' equity.

Cash Flow

Fulum Group Holdings Ltd. has consistently generated positive operating cash flow, which is a positive sign of business sustainability. The Free Cash Flow has also grown, indicating better cash management and reduced capital expenditure. The Operating Cash Flow to Net Income ratio shows strong cash flow relative to reported earnings, suggesting effective cash management despite profitability fluctuations.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
1.81B	1.84B	1.64B	1.45B	1.17B	1.85B
	Gross Profit
508.36M	537.68M	600.69M	455.71M	397.97M	527.34M
	EBIT
507.30M	209.91M	150.67M	55.26M	-72.84M	-313.51M
	EBITDA
228.26M	375.91M	329.45M	257.35M	229.44M	-270.24M
	Net Income Common Stockholders
7.83M	50.58M	21.14M	-49.17M	-168.31M	-637.48M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
637.35M	121.79M	169.76M	128.57M	145.07M	127.18M
	Total Assets
1.31B	1.27B	991.23M	995.95M	1.21B	1.01B
	Total Debt
20.37M	878.66M	649.46M	691.45M	824.23M	579.09M
	Net Debt
-616.98M	756.87M	479.70M	562.88M	679.16M	462.67M
	Total Liabilities
299.44M	1.08B	845.95M	874.26M	1.08B	724.46M
	Stockholders Equity
1.01B	195.99M	147.85M	121.69M	121.98M	286.89M
Cash Flow		Free Cash Flow
303.67M	297.22M	265.09M	177.38M	192.71M	-100.95M
	Operating Cash Flow
339.47M	362.81M	325.65M	251.03M	269.47M	-36.53M
	Investing Cash Flow
-44.87M	-74.66M	-63.74M	-76.86M	-54.63M	-225.52M
	Financing Cash Flow
-336.76M	-338.65M	-164.63M	-246.85M	-189.77M	-114.44M

Fulum Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1443, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.10, and below the 200-day MA of 0.12, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 21.62 is Positive, neither overbought nor oversold. The STOCH value of 37.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1443.

Fulum Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2208	74 Outperform	$39.14B	13.16	5.64%	2.03%	10.95%	28.53%
6811	64 Neutral	HK$1.04B	17.15	6.54%	5.50%	2.49%	-33.12%
Sector *	61 Neutral	$6.98B	11.29	2.93%	3.90%	2.60%	-21.72%
1443	58 Neutral	HK$98.80M	12.67	5.22%	3.95%	1.74%	-46.43%
1978	54 Neutral	HK$304.00M	23.14	-12.09%	22.88%	-17.29%	-136.42%
3389	53 Neutral	HK$413.98M	13.54	-2.04%	―	-27.93%	-293.98%
6828	51 Neutral	HK$818.50M	10.00	6.29%	―	-21.48%	-7.50%

Fulum Group Holdings Ltd. Corporate Events

Fulum Group Announces Resignation of Non-Executive Director

Fulum Group Holdings Ltd. announced the resignation of Mr. Wu Kam On Keith as a non-executive director and vice-chairman of the board, effective April 1, 2025. His departure is due to personal commitments, and the company expressed gratitude for his contributions, indicating no disagreements or issues related to his resignation.

Fulum Group Holdings Ltd. Announces Board Composition and Roles

Fulum Group Holdings Ltd. has announced the composition of its board of directors and their roles within the company. The board consists of both executive and independent non-executive directors, with specific members assigned to various board committees such as audit, nomination, remuneration, and executive committees. This announcement is significant as it outlines the leadership structure and governance framework, which are crucial for the company’s strategic direction and operational effectiveness.