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FIH Mobile
(OTC:2038)
FIH Mobile (2038) vs. S&P 500 (SPY)
FIH Mobile Business Overview & Revenue Model
FIH Mobile Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 6.45B | 9.39B | 8.58B | 8.93B | 14.38B | Gross Profit |
| 109.82M | 191.96M | 224.41M | 95.20M | 253.28M | EBIT |
| 0.00 | 54.61M | 66.83M | -91.86M | 31.89M | EBITDA |
| 107.74M | 135.32M | 268.39M | 59.48M | 227.26M | Net Income Common Stockholders |
| -120.68M | -72.14M | 56.33M | -173.84M | -32.52M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.90B | 1.85B | 1.90B | 1.79B | 1.64B | Total Assets |
| 4.32B | 5.51B | 5.98B | 6.03B | 7.00B | Total Debt |
| 707.65M | 679.82M | 880.67M | 953.28M | 631.72M | Net Debt |
| -1.14B | -1.15B | -1.00B | -826.05M | -913.55M | Total Liabilities |
| 2.76B | 3.72B | 3.81B | 3.95B | 4.90B | Stockholders Equity |
| 1.56B | 1.78B | 2.16B | 2.08B | 2.09B |
| Cash Flow | Free Cash Flow | |||
| 9.48M | 266.12M | 162.51M | -190.64M | -665.18M | Operating Cash Flow |
| 102.66M | 409.41M | 281.31M | -88.91M | -455.04M | Investing Cash Flow |
| -40.09M | -126.96M | -87.14M | -11.72M | 1.44B | Financing Cash Flow |
| -37.13M | -214.02M | -110.88M | 278.54M | -870.91M |
FIH Mobile Technical Analysis
FIH Mobile Peers Comparison
FIH Mobile Corporate Events
FIH Mobile Limited has released unaudited financial information for the first quarter of 2025, revealing a modest increase in revenue and a return to profit compared to the same period last year. Despite a decrease in cash and cash equivalents, the company anticipates improved financial results for the first half of 2025 due to strategic customer portfolio optimization and cost efficiency measures, which are expected to enhance gross margins and financial resilience.
FIH Mobile Limited announced an intra-group equity interest transfer where Shenzhen Futaihong Precision Industry Co., Ltd. will acquire 62.15% of FIH Precision Electronics (LangFang) Co., Ltd. from Execustar International Limited for approximately US$305 million. This move aims to enhance decision-making efficiency within the company and aligns with its strategic development goals, with no expected adverse impact on its financial position or operations.
FIH Mobile Limited has announced its Annual General Meeting (AGM) scheduled for May 16, 2025, in Hong Kong. Key agenda items include the consideration of the company’s 2024 financial statements, re-election of directors, and re-appointment of Deloitte Touche Tohmatsu as auditors. Additionally, the meeting will address resolutions to authorize the board to issue additional shares and securities, which could impact the company’s capital structure and market positioning.
FIH Mobile has announced a proposed share consolidation, which involves consolidating every ten existing shares into one consolidated share. This move is part of a broader plan to amend the company’s Memorandum and Articles of Association to reflect changes in authorized share capital. The share consolidation is subject to shareholder approval at the upcoming AGM. If approved, it will not affect the company’s underlying assets, business operations, or financial position, but will require adjustments to outstanding share awards.
FIH Mobile Limited has announced an upcoming board meeting scheduled for March 7, 2025, where they will consider approving the company’s financial results for the year ending December 31, 2024. The meeting will also address the potential approval and publication of the final results, as well as the consideration of a final dividend payment, which could have significant implications for the company’s financial strategy and stakeholder interests.