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Finance

Far East Consortium International Ltd.

Business Summary

Far East Consortium International Ltd. is an investment holding company, which engages in property development and investment, hotel operations and management, as well as car park and facilities management. It operates through the following segments: Property Development; Property Investment; Hotel Operation and Management; Car Park Operations and Facilities Management; Securities and Financial Product Investments; Gaming operations; Provision of Mortgage Services and Other Operations. The Other Operations provides engineering services and second mortgage loans. The company was founded by Te Ken Chiu in 1950 and is headquartered in Hong Kong.

Financial Highlights

Mar 2020 HKDUSD
Revenue7,593.71M971.48M
Gross Profit2,402.46M307.35M
Operating income884.05M113.09M
Income before tax845.92M108.22M
Net income365.85M46.80M
EBITDA1,814.94M232.19M
Diluted EPS0.150.01
Dividends Per Share----
Total Assets41,779.99M5,390.34M
Total liabilities30,370.79M3,918.35M
Total equity11,118.53M1,434.48M
Operating cash flow----
Currency in HKDCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 4,018.34M 5,030.40M 5,874.83M 6,908.19M 7,593.71M
Gross Profit 1,723.32M 2,007.93M 2,674.31M 2,675.47M 2,402.46M
Operating income 795.02M 1,203.86M 1,648.85M 1,302.90M 884.05M
Income before tax 979.30M 1,566.63M 2,156.13M 2,312.48M 845.92M
Net income 734.42M 1,117.68M 1,566.72M 1,713.65M 365.85M
EBITDA 1,328.41M 1,690.56M 2,223.56M 2,067.84M 1,814.94M
Diluted EPS 0.36 0.51 0.69 0.73 0.15
Dividends Per Share 0.16 0.18 0.22 0.22 --
Total Assets 26,160.62M 28,399.96M 34,488.94M 39,077.86M 41,779.99M
Total liabilities 15,893.36M 17,456.24M 21,345.06M 25,445.60M 30,370.79M
Total equity 10,140.13M 10,791.80M 12,970.81M 13,413.07M 11,118.53M
Operating cash flow -759.50M 756.04M 183.91M -2,134.52M --
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 518.00M 648.33M 752.28M 880.91M 971.48M
Gross Profit 222.15M 258.78M 342.45M 341.16M 307.35M
Operating income 102.48M 155.15M 211.13M 166.14M 113.09M
Income before tax 126.24M 201.91M 276.09M 294.88M 108.22M
Net income 94.67M 144.05M 200.62M 218.52M 46.80M
EBITDA 171.24M 217.88M 284.73M 263.68M 232.19M
Diluted EPS 0.04 0.06 0.08 0.09 0.01
Dividends Per Share 0.02 0.02 0.02 0.02 --
Total Assets 3,372.71M 3,654.37M 4,394.46M 4,978.10M 5,390.34M
Total liabilities 2,049.02M 2,246.18M 2,719.71M 3,241.49M 3,918.35M
Total equity 1,307.29M 1,388.63M 1,652.69M 1,708.68M 1,434.48M
Operating cash flow -97.90M 97.44M 23.55M -272.18M --

Valuation Measures

Mar 2020
PER18.05
ROA0.90%
ROE2.98%
Operating margin11.64%
Profit margin4.81%

Key executives

  • Chairman & Chief Executive Officer: Tat Cheong Chiu
  • Chief Financial Officer & Secretary: Wai Hung Cheung
  • Executive Director & Managing Director: Cheong Thard Hoong
  • Head-Investor Relations & Corporate Finance: Venus Zhao

Shareholders

  • CHIU TAT CHEONG (48.7%)
  • Estate of Chiu Te Ken (6.5%)
  • Value Partners Ltd. (5.0%)
  • Dimensional Fund Advisors LP (2.3%)
  • FIL Investment Management (Hong Kong) Ltd. (1.9%)
  • The Vanguard Group, Inc. (1.4%)
  • Norges Bank Investment Management (0.6%)
  • HOONG CHEONG THARD CHRIS (0.5%)
  • Skagen AS (Investment Management) (0.5%)
  • Swedbank Robur Fonder AB (0.3%)

Contact Details

  • Website:http://www.fecil.com.hk
  • Address: 16th Floor, Far East Consortium Building, Hong Kong, Hong Kong
  • Phone: +852.2850.0600

Related Companies

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  • Vicsley Ltd.
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  • Asia Land Pty Ltd.
  • Guangzhou Xingqiao Real Estate Development Co., Ltd.
  • Far East Emgrand Hotel Management (Chengdu) Co., Ltd.

Competitors

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