DB:0FB

Stock Analysis Report

Future Bright Holdings

Executive Summary

Future Bright Holdings Limited, an investment holding company, sells food and catering products in Macau, Mainland China, Hong Kong, and Taiwan.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.

Share Price & News

How has Future Bright Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.3%

0FB

3.7%

DE Hospitality

1.4%

DE Market


1 Year Return

-77.5%

0FB

-16.3%

DE Hospitality

3.7%

DE Market

Return vs Industry: 0FB underperformed the German Hospitality industry which returned -16.3% over the past year.

Return vs Market: 0FB underperformed the German Market which returned 3.7% over the past year.


Shareholder returns

0FBIndustryMarket
7 Day5.3%3.7%1.4%
30 Day3.1%21.6%1.3%
90 Day-46.2%26.1%3.4%
1 Year-77.0%-77.5%-10.6%-16.3%7.0%3.7%
3 Year-77.5%-79.2%16.0%0.5%18.5%8.3%
5 Year-92.1%-93.1%35.7%8.7%42.2%22.9%

Price Volatility Vs. Market

How volatile is Future Bright Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Future Bright Holdings undervalued compared to its fair value and its price relative to the market?

0.19x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 0FB's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 0FB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 0FB is unprofitable, so we can't compare its PE Ratio to the Hospitality industry average.

PE vs Market: 0FB is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 0FB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 0FB is good value based on its PB Ratio (0.2x) compared to the DE Hospitality industry average (2.6x).


Next Steps

Future Growth

How is Future Bright Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

53.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0FB is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 0FB is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 0FB is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if 0FB's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if 0FB's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 0FB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Future Bright Holdings performed over the past 5 years?

-76.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 0FB is unprofitable, and losses have increased over the past 5 years at a rate of -76.9% per year.

Accelerating Growth: Unable to compare 0FB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 0FB is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-28.4%).


Return on Equity

High ROE: 0FB has a negative Return on Equity (-12.27%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 0FB is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 0FB is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Future Bright Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 0FB's short term assets (HK$677.4M) exceeds its short term liabilities (HK$548.7M)

Long Term Liabilities: 0FB's short term assets (677.4M) exceeds its long term liabilities (617.0M)


Debt to Equity History and Analysis

Debt Level: 0FB's debt to equity ratio (51.4%) is considered high

Reducing Debt: 0FB's debt to equity ratio has increased from 29.6% to 51.4% over the past 5 years.

Debt Coverage: 0FB's debt is not well covered by operating cash flow (15.8%).

Interest Coverage: Insufficient data to determine if 0FB's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 0FB has a high level of physical assets or inventory.

Debt Coverage by Assets: 0FB's debt is covered by short term assets (assets are 1.454880x debt).


Next Steps

Dividend

What is Future Bright Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage6.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 0FB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 0FB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 0FB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 0FB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 0FB is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 0FB's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Future Bright Holdings's salary, the management and board of directors tenure and is there insider trading?

15.6yrs

Average management tenure


CEO

Chak Chan (68yo)

15.6yrs

Tenure

HK$15,043,000

Compensation

Mr. Chak Mo Chan has been the Managing Director of Future Bright Holdings Ltd., since March 2004. Mr. Chan has over 22 years of experience in investment and the management of various kinds of businesses in ...


CEO Compensation Analysis

Compensation vs. Market: Chak's total compensation ($USD1.92M) is above average for companies of similar size in the German market ($USD216.74K).

Compensation vs Earnings: Chak's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

15.6yrs

Average Tenure

60yo

Average Age

Experienced Management: 0FB's management team is seasoned and experienced (15.6 years average tenure).


Board Age and Tenure

14.3yrs

Average Tenure

64yo

Average Age

Experienced Board: 0FB's board of directors are seasoned and experienced ( 14.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyHK$13,80620 Nov 18
Ophorst van Marwijk Kooy Vermogensbeheer N.V.
EntityCompany
Shares144,000
Max PriceHK$0.096

Ownership Breakdown


Management Team

  • Hon Leung (47yo)

    Qualified Accountant & Company Secretary

    • Tenure: 15.6yrs
  • King Lai (61yo)

    Deputy Chairman

    • Tenure: 13.8yrs
    • Compensation: HK$170.00k
  • Chak Chan (68yo)

    MD & Executive Director

    • Tenure: 15.6yrs
    • Compensation: HK$15.04m
  • Ken Cheung (62yo)

    Chief Business Development Officer

    • Tenure: 10.6yrs
  • In Leong (51yo)

    Executive Director

    • Tenure: 15.6yrs
    • Compensation: HK$1.01m
  • Winifred Lam (49yo)

    Associate Director of Investor Relations & Corporate Finance

    • Tenure: 0yrs
  • Johnny Chan (60yo)

    Chairman

    • Tenure: 13.8yrs
    • Compensation: HK$894.00k

Board Members

  • Lincoln Yu (64yo)

    Independent Non-Executive Director

    • Tenure: 14.8yrs
    • Compensation: HK$300.00k
  • Hon Kit Cheung (65yo)

    Independent Non-Executive Director

    • Tenure: 15.5yrs
    • Compensation: HK$300.00k
  • King Lai (61yo)

    Deputy Chairman

    • Tenure: 13.8yrs
    • Compensation: HK$170.00k
  • Chak Chan (68yo)

    MD & Executive Director

    • Tenure: 15.6yrs
    • Compensation: HK$15.04m
  • In Leong (51yo)

    Executive Director

    • Tenure: 15.6yrs
    • Compensation: HK$1.01m
  • Johnny Chan (60yo)

    Chairman

    • Tenure: 13.8yrs
    • Compensation: HK$894.00k
  • Afonso Chan (72yo)

    Independent Non Executive Director

    • Tenure: 11.5yrs
    • Compensation: HK$300.00k

Company Information

Future Bright Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Future Bright Holdings Limited
  • Ticker: 0FB
  • Exchange: DB
  • Founded:
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: HK$177.047m
  • Listing Market Cap: HK$20.267m
  • Shares outstanding: 694.30m
  • Website: https://null

Number of Employees


Location

  • Future Bright Holdings Limited
  • West Tower
  • Room 1409
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
703SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDAug 2002
0FBDB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 2002

Biography

Future Bright Holdings Limited, an investment holding company, sells food and catering products in Macau, Mainland China, Hong Kong, and Taiwan. The company operates through three segments: Food and Cateri ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 21:09
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.