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Fenbi Limited
(2469)
Fenbi Limited (2469) vs. iShares MSCI Hong Kong ETF (EWH)
Fenbi Limited Business Overview & Revenue Model
Fenbi Limited Financial Statement Overview
| 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
Fenbi Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$1.79B | 1.75 | 18.04% | 10.76% | 7.71% | 11.65% | |
76 Outperform | HK$8.82B | 8.36 | 5.90% | 9.49% | 11.85% | 100.46% | |
67 Neutral | HK$14.23B | 20.05 | 11.36% | 3.15% | 7.48% | 87.88% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
62 Neutral | HK$1.45B | 8.86 | 20.01% | 3.40% | 23.95% | -1.00% | |
60 Neutral | HK$2.84B | 9.27 | 44.08% | 5.86% | 174.65% | 145.66% | |
54 Neutral | HK$4.91B | 24.11 | 13.58% | ― | -10.99% | -50.16% |
Fenbi Limited Corporate Events
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 Ronghe Investment Management, co-chairman of ChiNext-listed Huatu Cendes and rotating CEO of Huatu Education Technology, will serve a three-year term without director’s fees, subject to re-election at the next annual general meeting, and his appointment underscores Fenbi’s effort to strengthen its governance and industry expertise while complying with Hong Kong listing requirements and transparency standards for board appointments.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
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 the current composition of its board of directors and key governance committees, confirming Zhang Xiaolong as chairman and executive director alongside fellow executive director Wei Liang, non-executive director Wu Zhenggao, and three independent non-executive directors. Fenbi has also detailed the membership and chairmanship of its Audit, Remuneration and Nomination Committees, with independent directors taking leading roles in these bodies, underscoring an effort to align with Hong Kong corporate governance standards and provide clearer oversight structures for investors and other stakeholders.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
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 capital, at an average price of about HK$3.14 per share and a total consideration of roughly HK$38.27 million. As of 31 December 2025, the trustee held 60.16 million shares for the scheme, and a total of 62.88 million restricted share units had been granted to 5,301 eligible participants; the board said it will continue, at its discretion and subject to listing rules, to determine future awards and further market purchases under the scheme, underscoring the company’s ongoing use of equity incentives to align staff interests with those of shareholders.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
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 corporate governance, develop AI applications, integrate distribution channels, promote industry self-discipline, and enhance customer services.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
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 average price of HK$3.00 per share. This initiative is part of Fenbi’s strategy to benefit eligible participants, with the board retaining discretion over future share awards and purchases.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
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, which increases Mr. Zhang’s stake to 92.75%, is aimed at streamlining management and improving operational efficiency by reducing the number of registered shareholders, thereby minimizing administrative tasks and filings.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
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 outstanding options held by employees of the group. These options, granted at a minimal exercise price, have seen significant activity, with a substantial number exercised during the reporting period. This update may impact stakeholders by providing insights into employee incentives and potential future share distributions.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
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 issue, with a total consideration of approximately HK$9,006,900. The scheme, adopted on June 14, 2023, has granted 63,051,700 restricted share units to 5,302 eligible participants, highlighting Fenbi’s commitment to incentivizing its stakeholders and potentially strengthening its market position.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
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 prospects. The acquisition did not affect the public float or trigger any mandatory general offer obligations under the Takeovers Code. The company remains committed to transparency and will continue to disclose relevant information regarding shareholding changes.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
Fenbi Limited announced an increase in shareholding by its chairman and substantial shareholder, Mr. Zhang Xiaolong, who acquired a total of 1,030,000 shares. This move reflects Mr. Zhang’s confidence in the company’s growth potential and development prospects. The acquisition did not affect the company’s public float or trigger mandatory general offer obligations under the Takeovers Code. The company remains committed to transparency and will continue to update shareholders and potential investors on any future changes in shareholding.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
Fenbi Limited has announced a voluntary share repurchase program, intending to buy back up to 223,368,003 shares, which represents 10% of its total issued shares, for a maximum of HK$200 million over the next six months. The company believes its shares are undervalued and sees this move as a demonstration of confidence in its business outlook, aiming to enhance shareholder value and improve returns.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
Fenbi Limited, a company listed on the Hong Kong Stock Exchange, has announced an increase in shareholding by its substantial shareholders. Mr. Wei Liang, an executive director and concert party of Mr. Zhang Xiaolong, acquired 350,000 shares, demonstrating confidence in the company’s growth potential. Following these acquisitions, the concert parties hold approximately 24.70% of the company’s total issued share capital. The company assures that the public float remains sufficient and that the acquisitions do not trigger mandatory general offer obligations under the Takeovers Code.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
Fenbi Ltd. announced that its chairman, Mr. Zhang Xiaolong, and substantial shareholder, Mr. Wei Liang, have voluntarily agreed not to sell their shares for 24 months starting October 20, 2025. This move reflects their confidence in the company’s long-term value and aims to protect investor interests.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
Fenbi Limited announced that its chairman and substantial shareholder, Mr. Zhang Xiaolong, has increased his shareholding in the company by acquiring 810,000 additional shares. This move is seen as a demonstration of Mr. Zhang’s confidence in Fenbi’s growth potential and development prospects. The company maintains sufficient public float and the increase in shareholding does not trigger mandatory general offer obligations under the Takeovers Code. Fenbi’s management has expressed strong confidence in the company’s business development and plans to further increase their shareholdings in the future.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
Fenbi Limited has announced the grant of 11,209,000 Restricted Share Units (RSUs) to 223 employees under its 2023 RSU Scheme. This move is aimed at incentivizing employees, with the RSUs vesting over a period of up to four years, reflecting the company’s commitment to retaining talent and enhancing its market position.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.