Fu Shek Financial Holdings Limited (2263) AI Stock Analysis

• Market Cap: HK$295.00M
• Dividend Yield: N/A
• Average Volume (3M): 342.00K
• Price to Earnings (P/E): 38.8
• Beta (1Y): 0.39
• Revenue Growth: -9.48%
• EPS Growth: 130.30%
• Country: HK
• Employees: 15
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): <0.01
• Shares Outstanding: 1,000,000,000
• 10 Day Avg. Volume: 575,000
• 30 Day Avg. Volume: 342,000
• PEG Ratio: -3.14
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 5.34
• P/FCF Ratio: -16.03
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: HK$0.32 ▲(12.86% Upside)

The score is driven mainly by mixed financial quality: a very strong, low-leverage balance sheet is offset by weakened revenue/margins and recently negative, volatile cash generation. Technicals add support due to a clear uptrend and positive momentum, while the overall score is capped by a high P/E and no dividend yield provided.

Positive Factors

Balance Sheet Strength

A strong balance sheet with minimal leverage provides financial flexibility and stability, allowing the company to navigate market fluctuations effectively.

Profit Increase

The notable rise in profit driven by higher fee and commission income indicates improved operational efficiency and revenue generation capabilities.

Revenue from Fee and Commission

Increased revenue from fees and commissions suggests a strong market position and effective service offerings, contributing to sustainable growth.

Negative Factors

Revenue Decline

A significant revenue decline indicates challenges in market demand or competitive pressures, potentially impacting long-term growth prospects.

Cash Flow Volatility

Inconsistent cash flow generation raises concerns about earnings quality and financial sustainability, affecting future investment and growth opportunities.

Margin Compression

Margin compression reflects cost pressures or pricing challenges, which could hinder profitability and financial performance over time.

Fu Shek Financial Holdings Limited Business Overview & Revenue Model

Company Description

Fu Shek Financial Holdings Limited, together with its subsidiaries, provides financial and securities services in Hong Kong. It offers securities trading services, including brokerage and margin financing; placing and underwriting services; and asset management services. The company was founded in 2001 and is headquartered in Admiralty, Hong Kong. Fu Shek Financial Holdings Limited is a subsidiary of Man Chase Holdings Limited.

How the Company Makes Money

Fu Shek Financial Holdings Limited generates revenue through multiple streams within its financial services operations. The primary source of income is from securities brokerage services, where the company earns commissions on trades executed on behalf of clients. Additionally, the company offers margin financing, providing loans to clients for purchasing securities, with interest charged on these loans contributing a significant portion of revenue. Investment advisory services also play a role in the company's earnings, as Fu Shek provides clients with strategic investment advice for a fee. These diverse revenue streams are supported by the company's ability to maintain robust client relationships and adapt to market conditions.

Fu Shek Financial Holdings Limited Financial Statement Overview

Summary

Fu Shek Financial Holdings Limited exhibits solid financial performance with strong revenue growth and effective cost management. The company's balance sheet is robust with low leverage and a high equity ratio, signifying stability. Cash flow metrics are particularly impressive, demonstrating excellent cash generation capabilities, which bolster financial flexibility. Despite these strengths, there's potential for improving profitability metrics like ROE and net profit margin.

Income Statement

The company shows a strong gross profit margin of 46% but a moderate net profit margin of 7.9% for 2024. Revenue growth is substantial at 22.2%, indicating positive sales momentum. However, EBIT margin is impressive at 47.5%, suggesting effective cost management. EBITDA margin is lower at 11.2%, highlighting potential non-operational costs that need attention.

Balance Sheet

The balance sheet displays financial stability with a low debt-to-equity ratio of 0.003, indicating minimal leverage risk. ROE is modest at 1.0%, suggesting room for improvement in shareholder returns. The equity ratio is solid at 65.3%, showing a strong capital structure with substantial equity backing.

Cash Flow

Cash flow analysis reveals strong free cash flow growth of 100.2%, indicating robust cash generation. The operating cash flow to net income ratio of 28.1 highlights efficient cash conversion from earnings. Free cash flow to net income ratio is exceptionally high at 2803%, reflecting substantial liquidity and cash reserves.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	32.95M	32.95M	45.15M	39.89M	39.14M	39.92M
Gross Profit	15.50M	15.50M	20.77M	28.89M	25.40M	27.27M
EBITDA	3.81M	3.81M	5.05M	16.19M	18.20M	16.05M
Net Income	2.88M	2.88M	3.57M	12.01M	12.81M	10.69M
Balance Sheet
Total Assets	544.49M	544.49M	544.68M	519.85M	550.51M	538.33M
Cash, Cash Equivalents and Short-Term Investments	218.90M	218.90M	230.65M	132.07M	103.72M	233.95M
Total Debt	470.00K	470.00K	1.14M	1.27M	32.73M	1.51M
Total Liabilities	186.07M	186.07M	189.14M	167.89M	210.55M	211.18M
Stockholders Equity	358.42M	358.42M	355.54M	351.97M	339.96M	327.15M
Cash Flow
Free Cash Flow	-10.98M	-10.98M	100.00M	49.94M	-16.03M	-43.47M
Operating Cash Flow	-10.98M	-10.98M	100.24M	50.05M	-16.02M	-43.41M
Investing Cash Flow	0.00	0.00	-234.00K	-105.00K	-7.00K	-63.00K
Financing Cash Flow	-720.00K	-776.00K	-1.42M	-31.56M	27.34M	-13.65M

Fu Shek Financial Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.28
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2263, the sentiment is Positive. The current price of 0.28 is below the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.26, and above the 200-day MA of 0.23, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 61.46 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 Positive sentiment for HK:2263.

Fu Shek Financial Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8350	67 Neutral	HK$360.00M	20.95	47.28%	―	55.42%	159.42%
0851	62 Neutral	HK$282.23M	38.10	6.49%	―	144.16%	-62.50%
2263	61 Neutral	HK$295.00M	38.82	2.10%	―	-9.48%	130.30%
0211	52 Neutral	HK$208.92M	-4.19	-17.99%	―	―	―
0356	45 Neutral	HK$177.79M	-17.57	-15.38%	―	―	―

Fu Shek Financial Holdings Limited Corporate Events

Fu Shek Financial Holdings Reports Strong Interim Results for 2025

Fu Shek Financial Holdings Limited announced its interim results for the six months ended 30 September 2025, reporting a significant increase in profit and total comprehensive income compared to the previous year. The company achieved a profit before taxation of HK$6,100,000, a notable rise from HK$1,464,000 in the same period of 2024, driven by higher revenue from fee and commission income and interest income.

Fu Shek Financial Holdings Announces Significant Profit Increase

Fu Shek Financial Holdings Limited has issued a positive profit alert, indicating a significant increase in net profit for the six months ended 30 September 2025, compared to the same period in 2024. The expected net profit of approximately HK$6.2 million is attributed to increased commission and brokerage income, handling and other fee income, and interest income from margin financing services. The interim results are yet to be finalized and are based on unaudited management accounts, with the official announcement scheduled for 27 November 2025.

Fu Shek Financial Holdings Schedules Board Meeting for Interim Results

Fu Shek Financial Holdings Limited has announced a board meeting scheduled for November 27, 2025, to discuss and approve the unaudited interim results for the six months ending September 30, 2025. The meeting will also consider the declaration and payment of an interim dividend, reflecting the company’s ongoing financial management and potential shareholder returns.