Fenbi Limited (HK:2469)
:2469
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Fenbi Limited
(2469)
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Rating:54Neutral
Price Target:
HK$2.00
▼(-8.26% Downside)
Action:ReiteratedDate:12/13/25
Fenbi Limited's overall stock score reflects a combination of mixed financial performance, bearish technical indicators, and a relatively high valuation. The company's strengths in gross profit margins and positive net income are offset by challenges in revenue growth, cash flow stability, and negative market momentum.
Positive Factors
Gross margin and profitability
Sustained strong gross margins and a return to net income indicate the core product and cost structure are profitable. Over the next several months this supports reinvestment in content and tech, provides margin cushion against revenue variability, and underpins long-term unit economics.
Negative Factors
Declining revenue trend
A recent revenue decline erodes scale advantages and can limit investments in content, marketing, and technology. Over the coming months, continuing top-line weakness would pressure customer acquisition economics and make sustaining growth and margin targets harder.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross margin and profitability
Sustained strong gross margins and a return to net income indicate the core product and cost structure are profitable. Over the next several months this supports reinvestment in content and tech, provides margin cushion against revenue variability, and underpins long-term unit economics.
Read all positive factors
Fenbi Limited (2469) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$2.35B
Dividend YieldN/A
Average Volume (3M)32.93M
Price to Earnings (P/E)5.6
Beta (1Y)1.47
Revenue Growth-10.99%
EPS Growth-50.16%
CountryHK
Employees7,177
SectorConsumer Defensive
Sector Strength42
IndustryEducation & Training Services
Share Statistics
EPS (TTM)-0.01
Shares Outstanding2,238,254,200
10 Day Avg. Volume38,819,577
30 Day Avg. Volume32,932,388
Financial Highlights & Ratios
PEG Ratio0.58
Price to Book (P/B)4.35
Price to Sales (P/S)1.88
P/FCF Ratio19.41
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.17
Revenue Forecast (FY)HK$2.78B
Fenbi Limited Business Overview & Revenue Model
Company Description
Fenbi Ltd., an investment holding company, provides non-formal vocational education and training services in the People's Republic of China. The company operates through Classroom-Based Tutoring Services, Online Tutoring Services, and Sales of Boo...
How the Company Makes Money
Fenbi Limited generates revenue through multiple streams, primarily by offering subscription-based access to its online learning platforms and resources. The company charges fees for individual courses and tutoring services, targeting students and...
Fenbi Limited Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.65B | 2.79B | 3.02B | 2.81B | 3.43B | 2.13B |
| Gross Profit | 1.39B | 1.46B | 1.57B | 1.37B | 840.87M | 489.93M |
| EBITDA | 196.50M | 266.73M | 311.49M | -1.87B | -1.75B | -418.55M |
| Net Income | 188.48M | 239.57M | 188.57M | -2.09B | -2.05B | -484.47M |
Balance Sheet | ||||||
| Total Assets | 2.06B | 1.88B | 2.12B | 1.63B | 2.14B | 1.37B |
| Cash, Cash Equivalents and Short-Term Investments | 1.33B | 1.22B | 1.63B | 1.11B | 1.17B | 684.29M |
| Total Debt | 69.63M | 90.57M | 118.26M | 164.28M | 435.69M | 6.70B |
| Total Liabilities | 592.29M | 673.48M | 854.76M | 12.50B | 10.38B | 7.95B |
| Stockholders Equity | 1.47B | 1.20B | 1.27B | -10.86B | -8.23B | -6.58B |
Cash Flow | ||||||
| Free Cash Flow | 254.22M | 269.74M | 531.59M | -120.11M | -1.13B | 323.55M |
| Operating Cash Flow | 269.55M | 290.96M | 587.84M | -83.99M | -915.13M | 459.13M |
| Investing Cash Flow | 157.12M | 469.45M | -911.54M | -36.79M | 156.52M | -187.98M |
| Financing Cash Flow | -146.97M | -498.66M | -74.50M | -85.24M | 1.61B | -100.28M |
Fenbi Limited Technical Analysis
Negative
2.18
Price Trends
1.60
Negative
2.13
Negative
2.53
Negative
Market Momentum
-0.14
Negative
26.77
Positive
18.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2469, the sentiment is Negative. The current price of 2.18 is above the 20-day moving average (MA) of 1.22, above the 50-day MA of 1.60, and below the 200-day MA of 2.53, indicating a bearish trend. The MACD of -0.14 indicates Negative momentum. The RSI at 26.77 is Positive, neither overbought nor oversold. The STOCH value of 18.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2469.
Fenbi Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | HK$1.56B | 2.11 | 17.52% | 10.76% | 7.71% | 11.65% | |
67 Neutral | HK$11.40B | 17.82 | 12.59% | 3.15% | 7.48% | 87.88% | |
65 Neutral | HK$7.48B | 179.79 | 5.88% | 9.49% | 11.85% | 100.46% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
62 Neutral | HK$1.04B | 7.69 | 18.62% | 3.40% | 23.95% | -1.00% | |
60 Neutral | HK$2.58B | 9.30 | 37.07% | 5.86% | 174.65% | 145.66% | |
54 Neutral | HK$2.35B | 5.59 | 14.10% | ― | -10.99% | -50.16% |
* Consumer Defensive Sector Average
HK:2469
Fenbi Limited
1.07
-1.14
-51.58%
HK:1769
Scholar Education Group
1.58
-2.63
-62.47%
HK:2001
China New Higher Education Group Ltd
0.79
-0.02
-2.47%
HK:3978
China Beststudy Education Group
3.44
-0.17
-4.71%
HK:0667
China East Education Holdings Limited
5.14
0.63
13.97%
HK:0839
China Education Group Holdings Limited
2.67
0.53
24.77%
Fenbi Limited Corporate Events
Fenbi Strengthens Board with Appointment of Education and Investment Veteran as Non-Executive Director
Jan 9, 2026
Fenbi Ltd. has appointed Wu Zhenggao as a non-executive director with effect from 9 January 2026, adding a seasoned executive with extensive experience in education, investment management and accounting to its board. Wu, currently president of Ron...
Fenbi Ltd. Details Board Composition and Governance Committee Structure
Jan 9, 2026
Fenbi Ltd., a Cayman Islands–incorporated online education and exam-preparation provider listed in Hong Kong, focuses on serving Chinese learners preparing for professional qualifications and civil service exams. The company has announced th...
Fenbi Buys Back 12.2 Million Shares for 2023 Restricted Share Unit Scheme
Jan 5, 2026
Fenbi Ltd. announced that, under its 2023 Restricted Share Unit Scheme adopted in June 2023, a trustee purchased 12.2 million shares on the market between 1 and 31 December 2025, representing approximately 0.55% of the company’s issued share...
Fenbi Limited Announces Strategic Partnership with Huatu Cendes
Dec 14, 2025
Fenbi Limited has entered into a strategic cooperation agreement with Huatu Cendes Co., Ltd. to enhance their competitiveness in the recruitment examination tutoring sector. This partnership aims to explore investment opportunities, improve corpor...
Fenbi Limited Announces Share Purchase Under 2023 Scheme
Dec 4, 2025
Fenbi Limited has announced a voluntary share purchase under its 2023 Restricted Share Unit Scheme. From November 1 to November 30, 2025, the company purchased 8,500,000 shares, representing approximately 0.38% of the existing total shares, at an ...
Fenbi Limited Streamlines Operations with Equity Transfer and Contractual Amendments
Nov 18, 2025
Fenbi Limited has announced amendments to its contractual arrangements, involving an equity transfer agreement where Mr. LI Yong, Mr. LI Xin, and Mr. GUO Changzhen have transferred their equity interests in Fenbi Bluesky to Mr. Zhang. This move, w...
Fenbi Limited Updates on Pre-IPO Share Option Scheme
Nov 6, 2025
Fenbi Limited has released a supplemental announcement concerning its annual report for the year ended December 31, 2024. The announcement provides additional details about the Pre-IPO Share Option Scheme, specifically regarding the movements of o...
Fenbi Limited Executes Share Purchase Under 2023 RSU Scheme
Nov 5, 2025
Fenbi Limited announced the purchase of 3,250,000 shares from the market as part of its 2023 Restricted Share Unit Scheme, which aims to benefit eligible participants. This move represents approximately 0.15% of the company’s total shares in...
Fenbi Chairman Increases Shareholding, Signals Confidence in Growth
Nov 5, 2025
Fenbi Limited announced that its chairman and substantial shareholder, Mr. Zhang Xiaolong, has increased his shareholding in the company by acquiring 300,000 shares. This move is seen as a demonstration of confidence in the company’s growth ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.