2263 Stock Overview
Fu Shek Financial Holdings Limited, together with its subsidiaries, provides securities trading, placing, and underwriting services in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.17|
|52 Week High||HK$0.37|
|52 Week Low||HK$0.14|
|1 Month Change||-6.42%|
|3 Month Change||-8.85%|
|1 Year Change||16.67%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-56.25%|
Recent News & Updates
Fu Shek Financial Holdings Limited's (HKG:2263) Shareholders Might Be Looking For Exit
When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") below 11x, you may consider Fu...
|2263||HK Capital Markets||HK Market|
Return vs Industry: 2263 exceeded the Hong Kong Capital Markets industry which returned -2.4% over the past year.
Return vs Market: 2263 exceeded the Hong Kong Market which returned -6.3% over the past year.
|2263 Average Weekly Movement||5.5%|
|Capital Markets Industry Average Movement||7.8%|
|Market Average Movement||6.9%|
|10% most volatile stocks in HK Market||13.4%|
|10% least volatile stocks in HK Market||3.3%|
Stable Share Price: 2263 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 2263's weekly volatility has decreased from 11% to 6% over the past year.
About the Company
|2001||17||Man Chiu Sy||https://www.hkfsfinance.com|
Fu Shek Financial Holdings Limited, together with its subsidiaries, provides securities trading, placing, and underwriting services in the People’s Republic of China. It offers securities dealing, brokerage, and ancillary services; and margin financing and asset management services. The company was founded in 2001 and is headquartered in Admiralty, Hong Kong.
Fu Shek Financial Holdings Fundamentals Summary
|2263 fundamental statistics|
Is 2263 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2263 income statement (TTM)|
|Cost of Revenue||HK$1.67m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 30, 2021
|Earnings per share (EPS)||0.011|
|Net Profit Margin||28.67%|
How did 2263 perform over the long term?See historical performance and comparison
Is Fu Shek Financial Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2263 (HK$0.18) is trading below our estimate of fair value (HK$0.18)
Significantly Below Fair Value: 2263 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 2263 is poor value based on its PE Ratio (16.4x) compared to the Hong Kong Capital Markets industry average (8.1x).
PE vs Market: 2263 is poor value based on its PE Ratio (16.4x) compared to the Hong Kong market (9.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2263's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2263 is good value based on its PB Ratio (0.5x) compared to the HK Capital Markets industry average (0.6x).
How is Fu Shek Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Fu Shek Financial Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Fu Shek Financial Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2263 has a high level of non-cash earnings.
Growing Profit Margin: 2263's current net profit margins (28.7%) are higher than last year (22.6%).
Past Earnings Growth Analysis
Earnings Trend: 2263's earnings have declined by 20.5% per year over the past 5 years.
Accelerating Growth: 2263's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2263 had negative earnings growth (-21.4%) over the past year, making it difficult to compare to the Capital Markets industry average (57.3%).
Return on Equity
High ROE: 2263's Return on Equity (3.3%) is considered low.
How is Fu Shek Financial Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 2263's short term assets (HK$533.3M) exceed its short term liabilities (HK$211.2M).
Long Term Liabilities: 2263 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2263 is debt free.
Reducing Debt: 2263 had no debt 5 years ago.
Debt Coverage: 2263 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2263 has no debt, therefore coverage of interest payments is not a concern.
What is Fu Shek Financial Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2263's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2263's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2263's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2263's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2263's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Man Chiu Sy (65 yo)
Mr. Man Chiu Sy is the Chief Executive Officer of Fu Shek Financial Holdings Limited since January 22, 2020 and has been its Director since June 7, 2016. Mr. Sy joined Fu Shek Financial Holdings Ltd in Nov...
CEO Compensation Analysis
Compensation vs Market: Man Chiu's total compensation ($USD185.79K) is about average for companies of similar size in the Hong Kong market ($USD228.61K).
Compensation vs Earnings: Man Chiu's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: 2263's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: 2263's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Fu Shek Financial Holdings Limited's employee growth, exchange listings and data sources
- Name: Fu Shek Financial Holdings Limited
- Ticker: 2263
- Exchange: SEHK
- Founded: 2001
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: HK$175.000m
- Shares outstanding: 1.00b
- Website: https://www.hkfsfinance.com
Number of Employees
- Fu Shek Financial Holdings Limited
- Room 2705-6
- 27th Floor
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/27 10:05|
|End of Day Share Price||2021/11/26 00:00|
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.