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Fosun International Ltd.

Company Background

Fosun International is a publicly traded arm of Fosun Group, a private investment firm in Shanghai that was founded by four students of Fudan University in 1992, then listed in Hong Kong in 2007. Chairman Guo Guangchang majored in philosophy at Fudan University before becoming an investor. His hobby is tai chi.

Fosun International grew by taking over a good number of companies and presides over real estate and steel companies, Greek jewelry brand Folli Follie, French resort operator Club Med and an insurance company that used to be a group firm of Portuguese saving bank Caixa Geral de Depositos. It also owns a stake in Cirque du Soleil, the popular neocircus troupes out of Canada.

The company intends to position its insurance arm as a core unit and use its ample funds to invest in businesses that will serve Chinese with rising incomes.

It is also actively investing in real estate and other businesses in Japan. In 2014, Fosun Property bought Japanese firm Idera Capital Management. Fosun has since purchased several office buildings in central Tokyo via Idera.

Business Summary

Fosun International Ltd. engages in the creation of customer-to-maker ecosystems in the health, happiness, wealth, and manufacturing industries. It also provides products and services for families. It operates through the following segments: Health, Happiness, Insurance, Asset Management, and Intelligent Manufacturing. The Health segment includes research and development, manufacture, sale, and trade of pharmaceutical and health products and providing medical services and health management. The Happiness segment is composed of operations and investments in tourism and leisure, fashion consumer, and lifestyle industries. The Insurance segment is involved in the operation of and investment in the insurance businesses, banking, and other financial businesses. The Asset Management segment deals with primary investments, secondary market investments, and investments in asset management companies and other companies of the group. The Intelligent Manufacturing segment focuses on intelligent manufacturing, and iron, steel and ore production. The company was founded in 1992 and is headquartered in Shanghai, China.

Financial Highlights

Dec 2022 HKDUSD
Gross Profit66,726.53M8,521.37M
Operating income4,419.33M564.37M
Income before tax8,338.80M1,064.91M
Net income626.45M80.00M
Diluted EPS0.070.00
Dividends Per Share0.010.00
Total Assets924,178.81M118,409.32M
Total liabilities698,664.31M89,515.54M
Total equity136,436.31M17,480.74M
Operating cash flow4,699.69M600.17M
Currency in HKDCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 129,521.97M 162,129.79M 153,655.59M 194,389.90M 203,961.18M
Gross Profit 49,300.57M 61,180.95M 56,850.74M 67,071.66M 66,726.53M
Operating income 6,499.43M 11,260.58M 8,309.47M 6,392.73M 4,419.33M
Income before tax 18,994.64M 23,117.28M 13,130.93M 19,142.32M 8,338.80M
Net income 15,879.26M 16,782.99M 8,989.15M 12,153.95M 626.45M
EBITDA 10,967.74M 18,855.54M 16,741.18M 15,945.02M 14,893.32M
Diluted EPS 1.85 1.96 1.05 1.45 0.07
Dividends Per Share 0.37 0.40 0.22 0.30 0.01
Total Assets 728,555.74M 800,557.69M 910,239.96M 986,291.67M 924,178.81M
Total liabilities 544,493.00M 596,850.38M 679,906.79M 736,633.73M 698,664.31M
Total equity 123,761.63M 137,086.48M 151,536.69M 160,241.71M 136,436.31M
Operating cash flow 17,838.98M 3,513.95M 4,875.45M -8,129.08M 4,699.69M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 16,525.83M 20,692.49M 19,811.20M 25,008.87M 26,047.05M
Gross Profit 6,290.30M 7,808.47M 7,329.90M 8,628.98M 8,521.37M
Operating income 829.26M 1,437.17M 1,071.36M 822.44M 564.37M
Income before tax 2,423.54M 2,950.43M 1,693.00M 2,462.72M 1,064.91M
Net income 2,026.05M 2,142.00M 1,158.99M 1,563.64M 80.00M
EBITDA 1,399.38M 2,406.51M 2,158.48M 2,051.37M 1,901.96M
Diluted EPS 0.23 0.25 0.13 0.18 0.00
Dividends Per Share 0.04 0.05 0.02 0.03 0.00
Total Assets 93,054.43M 102,743.61M 117,392.00M 126,507.66M 118,409.32M
Total liabilities 69,545.11M 76,599.80M 87,686.35M 94,485.04M 89,515.54M
Total equity 15,807.39M 17,593.68M 19,543.41M 20,553.55M 17,480.74M
Operating cash flow 2,276.09M 448.48M 628.60M -1,045.83M 600.17M

Valuation Measures

Dec 2022
Operating margin2.16%
Profit margin0.30%


  • Co-Chief Executive Officer & Executive Director: Qi Yu Chen
  • Co-Chief Executive Officer & Executive Director: Xiao Liang Xu
  • Executive President, Executive Director & Co-CHO: Dong Hui Pan
  • Chief Financial Officer & Executive Director: Ping Gong
  • Executive Vice President: Jian Nong Qian


  • Fosun International Holdings Ltd. (73.4%)
  • The Vanguard Group, Inc. (1.0%)
  • BlackRock Fund Advisors (0.7%)
  • T. Rowe Price International Ltd. (0.4%)
  • Dimensional Fund Advisors LP (0.3%)
  • CHEN QI YU (0.3%)
  • XU XIAO LIANG (0.3%)
  • BlackRock Advisors (UK) Ltd. (0.3%)
  • GONG PING /FOSUN/ (0.1%)
  • PAN DONG HUI (0.1%)

Contact Details

  • Website:
  • Address: Building S1, Bund Finance Center, No. 600, Zhongshan East 2nd Road, Shanghai, 200010, China
  • Phone: +86.21.2315.6666

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Last Updated on 26 Sep, 2023

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