FEZH.F Stock Overview

Provides various financial services in Mainland China, Hong Kong, and internationally. More details

FEZH.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	4/6
Financial Health	3/6
Dividends	6/6

Rewards

Trading at 77.1% below our estimate of its fair value

Earnings are forecast to grow 11.02% per year

Earnings grew by 10.1% over the past year

Pays a high and reliable dividend of 7.76%

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

Far East Horizon Limited Competitors

HA Sustainable Infrastructure Capital

NYSE:HASI

US$3.3b

Banco Latinoamericano de Comercio Exterior S. A

NYSE:BLX

US$1.3b

Acacia Research

NasdaqGS:ACTG

US$430.4m

California First Leasing

OTCPK:CFNB

US$209.5m

Price History & Performance

Summary of share price highs, lows and changes for Far East Horizon
Historical stock prices
Current Share Price	HK$0.69
52 Week High	HK$0.72
52 Week Low	HK$0.65
Beta	0.60
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-2.45%

Recent updates

Shareholder Returns

	FEZH.F	US Diversified Financial	US Market
7D	0%	-0.9%	-2.2%
1Y	n/a	25.4%	23.9%

Return vs Industry: Insufficient data to determine how FEZH.F performed against the US Diversified Financial industry.

Return vs Market: Insufficient data to determine how FEZH.F performed against the US Market.

Price Volatility

Is FEZH.F's price volatile compared to industry and market?
FEZH.F volatility
FEZH.F Average Weekly Movement	n/a
Diversified Financial Industry Average Movement	5.0%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FEZH.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine FEZH.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2008	18,310	Fanxing Kong	www.fehorizon.com

Far East Horizon Limited, together with its subsidiaries, provides various financial services in Mainland China, Hong Kong, and internationally. It operates in two segments, Financial, Lease and Advisory; and Industrial Operation and Management. The Financial, Lease and Advisory segment offers direct finance leasing, sale-leaseback, factoring, entrusted loans, operating lease, and advisory services.

Far East Horizon Limited Fundamentals Summary

How do Far East Horizon's earnings and revenue compare to its market cap?
FEZH.F fundamental statistics
Market cap	US$3.30b
Earnings (TTM)	US$888.01m
Revenue (TTM)	US$4.90b

3.7x

P/E Ratio

0.7x

P/S Ratio

Is FEZH.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FEZH.F income statement (TTM)
Revenue	CN¥35.13b
Cost of Revenue	CN¥19.06b
Gross Profit	CN¥16.07b
Other Expenses	CN¥9.70b
Earnings	CN¥6.36b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.47
Gross Margin	45.74%
Net Profit Margin	18.11%
Debt/Equity Ratio	475.3%

How did FEZH.F perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

29%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/01/14 14:12
End of Day Share Price	2023/10/17 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Far East Horizon Limited is covered by 24 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Cheng Yu Chang	BNP Paribas Securities (Asia)
Cheng Zhou	BofA Global Research
Zeyu Yao	China International Capital Corporation Limited