Far East Consortium International Future Growth

Future criteria checks 2/6

Far East Consortium International's revenue is forecast to decline at 11.6% per annum while its annual earnings are expected to grow at 12.1% per year. EPS is expected to grow by 9% per annum. Return on equity is forecast to be 2.5% in 3 years.

Key information

12.1%

Earnings growth rate

9.0%

EPS growth rate

Real Estate earnings growth	21.0%
Revenue growth rate	-11.6%
Future return on equity	2.5%
Analyst coverage	Low
Last updated	02 Jul 2024

Recent future growth updates

Recent updates

We Think Far East Consortium International (HKG:35) Is Taking Some Risk With Its Debt

Sep 30

Far East Consortium International (HKG:35) Is Due To Pay A Dividend Of HK$0.04

Dec 04

Far East Consortium International (HKG:35) Is Reducing Its Dividend To HK$0.10

Aug 28

Far East Consortium International (HKG:35) Has Announced That Its Dividend Will Be Reduced To HK$0.10

Aug 02

Far East Consortium International (HKG:35) Is Reducing Its Dividend To HK$0.10

Jul 19

Far East Consortium International's (HKG:35) Shareholders Will Receive A Smaller Dividend Than Last Year

Jul 02

At HK$1.83, Is It Time To Put Far East Consortium International Limited (HKG:35) On Your Watch List?

Feb 28

Far East Consortium International (HKG:35) Will Pay A Dividend Of HK$0.04

Dec 07

Far East Consortium International's (HKG:35) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 31

Far East Consortium International's (HKG:35) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 28

Far East Consortium International (HKG:35) Has Announced That It Will Be Increasing Its Dividend To HK$0.16

Jul 14

A Look At The Fair Value Of Far East Consortium International Limited (HKG:35)

Apr 28

Far East Consortium International (HKG:35) Will Pay A Dividend Of HK$0.04

Dec 02

Earnings and Revenue Growth Forecasts

SEHK:35 - Analysts future estimates and past financials data (HKD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	8,004	293	N/A	3,058	1
3/31/2025	10,250	314	N/A	5,524	1
3/31/2024	10,204	226	3,196	3,580	N/A
12/31/2023	9,976	30	2,637	3,423	N/A
9/30/2023	9,615	-166	2,079	3,266	N/A
6/30/2023	7,980	3	126	1,165	N/A
3/31/2023	6,479	172	-1,826	-935	N/A
12/31/2022	6,140	486	-1,862	-1,031	N/A
9/30/2022	5,801	800	-1,899	-1,127	N/A
6/30/2022	5,848	1,050	-1,730	-811	N/A
3/31/2022	5,896	1,300	-1,562	-494	N/A
12/31/2021	5,924	1,283	-674	413	N/A
9/30/2021	5,953	1,265	215	1,319	N/A
6/30/2021	5,948	904	855	1,873	N/A
3/31/2021	5,944	543	1,495	2,426	N/A
12/31/2020	5,692	317	1,250	2,432	N/A
9/30/2020	5,441	92	1,006	2,439	N/A
6/30/2020	6,446	278	-329	1,092	N/A
3/31/2020	7,451	464	-1,663	-254	N/A
12/31/2019	8,244	1,142	-2,479	-1,097	N/A
9/30/2019	9,037	1,820	-3,296	-1,939	N/A
6/30/2019	7,940	1,767	-3,029	-1,785	N/A
3/31/2019	6,842	1,714	-2,762	-1,630	N/A
12/31/2018	6,412	1,432	-2,798	-2,021	N/A
9/30/2018	5,982	1,150	-2,833	-2,412	N/A
6/30/2018	5,906	1,358	-2,287	-1,839	N/A
3/31/2018	5,831	1,567	-1,741	-1,266	N/A
12/31/2017	5,330	1,518	N/A	-1,352	N/A
9/30/2017	4,829	1,469	N/A	-1,438	N/A
6/30/2017	4,917	1,293	N/A	-268	N/A
3/31/2017	5,005	1,118	N/A	901	N/A
12/31/2016	5,048	1,135	N/A	813	N/A
9/30/2016	5,091	1,153	N/A	726	N/A
6/30/2016	4,543	944	N/A	103	N/A
3/31/2016	3,995	734	N/A	-520	N/A
12/31/2015	4,033	777	N/A	308	N/A
9/30/2015	4,072	819	N/A	1,136	N/A
6/30/2015	4,591	888	N/A	1,259	N/A
3/31/2015	5,110	957	N/A	1,382	N/A
12/31/2014	5,138	829	N/A	1,332	N/A
9/30/2014	5,167	702	N/A	1,281	N/A
6/30/2014	4,617	808	N/A	-155	N/A
3/31/2014	4,066	914	N/A	-1,592	N/A
12/31/2013	4,345	910	N/A	-1,291	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 35's forecast earnings growth (12.1% per year) is above the savings rate (2.3%).

Earnings vs Market: 35's earnings (12.1% per year) are forecast to grow faster than the Hong Kong market (11.7% per year).

High Growth Earnings: 35's earnings are forecast to grow, but not significantly.

Revenue vs Market: 35's revenue is expected to decline over the next 3 years (-11.6% per year).

High Growth Revenue: 35's revenue is forecast to decline over the next 3 years (-11.6% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 35's Return on Equity is forecast to be low in 3 years time (2.5%).

Far East Consortium International Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased to HK$2.72

Consensus forecasts updated

Recent updates

Far East Consortium International Limited to Report First Half, 2025 Results on Nov 28, 2024

Chairman & CEO recently bought HK$223k worth of stock

New minor risk - Shareholder dilution

Chairman & CEO recently bought HK$2.1m worth of stock

Chairman & CEO recently bought HK$130k worth of stock

We Think Far East Consortium International (HKG:35) Is Taking Some Risk With Its Debt

Chairman & CEO recently bought HK$130k worth of stock

Upcoming dividend of HK$0.10 per share

Far East Consortium International Limited Approves Final Dividend for the Year Ended 31 March 2024

Final dividend of HK$0.10 announced

New major risk - Revenue and earnings growth

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Far East Consortium International Limited, Annual General Meeting, Aug 23, 2024

Far East Consortium International Limited to Report Fiscal Year 2024 Results on Jun 27, 2024

Chairman & CEO recently bought HK$385k worth of stock

Chairman & CEO recently bought HK$699k worth of stock

Chairman & CEO recently bought HK$1.8m worth of stock

Now 20% undervalued after recent price drop

Chairman & CEO recently bought HK$134k worth of stock

Upcoming dividend of HK$0.04 per share at 10% yield

Chairman & CEO recently bought HK$573k worth of stock

Far East Consortium International Limited Announces Executive Changes

Chairman & CEO recently bought HK$739k worth of stock

Far East Consortium International (HKG:35) Is Due To Pay A Dividend Of HK$0.04

First half 2024 earnings released: EPS: HK$0.086 (vs HK$0.21 in 1H 2023)

New major risk - Revenue and earnings growth

Far East Consortium International Limited Proposes Interim Dividend for the Six Months Ended 30 September 2023, Payable on 16 February 2024

Far East Consortium International Limited to Report First Half, 2024 Results on Nov 29, 2023

Now 21% undervalued after recent price drop

Chairman & CEO recently bought HK$165k worth of stock

New minor risk - Shareholder dilution

Chairman & CEO recently bought HK$537k worth of stock

Upcoming dividend of HK$0.10 per share at 7.8% yield

Far East Consortium International (HKG:35) Is Reducing Its Dividend To HK$0.10

Far East Consortium International (HKG:35) Has Announced That Its Dividend Will Be Reduced To HK$0.10

Chairman & CEO recently bought HK$235k worth of stock

Far East Consortium International (HKG:35) Is Reducing Its Dividend To HK$0.10

Chairman & CEO recently bought HK$562k worth of stock

New minor risk - Earnings quality

Far East Consortium International's (HKG:35) Shareholders Will Receive A Smaller Dividend Than Last Year

Far East Consortium International Limited Final Dividend for the Year Ended 31 March 2023, Payable on 24 October 2023

Full year 2023 earnings released: EPS: HK$0.064 (vs HK$0.49 in FY 2022)

Far East Consortium International Limited, Annual General Meeting, Aug 30, 2023

New minor risk - Financial data availability

Far East Consortium International Limited to Report Fiscal Year 2023 Results on Jun 28, 2023

Chairman & CEO recently bought HK$74k worth of stock

Chairman & CEO recently bought HK$80k worth of stock

At HK$1.83, Is It Time To Put Far East Consortium International Limited (HKG:35) On Your Watch List?

Now 20% undervalued

Upcoming dividend of HK$0.04 per share

Far East Consortium International (HKG:35) Will Pay A Dividend Of HK$0.04

Price target decreased to HK$2.72

First half 2023 earnings released: EPS: HK$0.21 (vs HK$0.41 in 1H 2022)

Far East Consortium International Limited Announces Interim Dividend for the Six Months Ended 30 September 2022, Payable on 17 February 2023

Now 21% undervalued after recent price drop

Far East Consortium International Limited to Report First Half, 2023 Results on Nov 28, 2022

Less than half of directors are independent

Chairman & CEO recently bought HK$6.0m worth of stock

Now 25% undervalued after recent price drop

Chairman & CEO recently bought HK$1.0m worth of stock

Investor sentiment deteriorated over the past week

Chairman & CEO recently bought HK$142k worth of stock

Chairman & CEO recently bought HK$306k worth of stock

Chairman & CEO recently bought HK$2.8m worth of stock

Far East Consortium International's (HKG:35) Shareholders Will Receive A Bigger Dividend Than Last Year

Far East Consortium International Limited Approves Final Dividend for the Year Ended 31 March 2022

Upcoming dividend of HK$0.16 per share

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Far East Consortium International's (HKG:35) Shareholders Will Receive A Bigger Dividend Than Last Year

Far East Consortium International Limited Proposes Final Dividend for the Year Ended March 31, 2022

Far East Consortium International (HKG:35) Has Announced That It Will Be Increasing Its Dividend To HK$0.16

Full year 2022 earnings: EPS and revenues miss analyst expectations

Far East Consortium International Limited Proposes Final Dividend for the Year Ended March 31, 2022, Payable on October 24, 2022