Fosun International Ltd.

In the news

HNA at point of 'life or death' as coronavirus dims revival hopes Apr 18, 2020
Asian stocks fall on China virus worries Jan 29, 2020
Asian stocks post weekly loss amid China virus outbreak Jan 24, 2020
Asian stocks slump after China virus kills six and infects 300 Jan 21, 2020
Nikkei Asia300 falls, dragged down by Chinese equities Dec 31, 2019

See more articles on 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 2021	HKD	USD
Revenue	194,389.90M	25,008.87M
Gross Profit	67,071.66M	8,628.98M
Operating income	6,403.66M	823.85M
Income before tax	19,153.26M	2,464.12M
Net income	12,160.48M	1,564.48M
EBITDA	15,945.02M	2,051.37M
Diluted EPS	1.45	0.18
Dividends Per Share	0.30	0.03
Total Assets	986,407.32M	126,522.49M
Total liabilities	736,633.73M	94,485.04M
Total equity	160,333.31M	20,565.30M
Operating cash flow	-8,086.62M	-1,040.36M
	Currency in HKD	Currency in USD

Historical Data

HKD | USD

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021
Revenue	101,500.66M	129,521.97M	162,129.79M	153,655.59M	194,389.90M
Gross Profit	37,072.05M	49,300.57M	61,180.95M	56,850.74M	67,071.66M
Operating income	6,446.83M	6,499.43M	11,260.58M	8,309.47M	6,403.66M
Income before tax	21,282.93M	18,994.64M	23,117.28M	13,130.93M	19,153.26M
Net income	15,176.09M	15,879.26M	16,782.99M	8,989.15M	12,160.48M
EBITDA	9,483.56M	10,967.74M	18,855.54M	16,741.18M	15,945.02M
Diluted EPS	1.76	1.85	1.96	1.05	1.45
Dividends Per Share	0.35	0.37	0.40	0.22	0.30
Total Assets	640,783.37M	728,555.74M	800,557.69M	910,239.96M	986,407.32M
Total liabilities	475,975.82M	544,493.00M	596,850.38M	679,906.79M	736,633.73M
Total equity	121,176.19M	123,761.63M	137,086.48M	151,536.69M	160,333.31M
Operating cash flow	31,406.10M	17,838.98M	3,513.95M	4,875.45M	-8,086.62M

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021
Revenue	13,024.90M	16,525.83M	20,692.49M	19,811.20M	25,008.87M
Gross Profit	4,757.20M	6,290.30M	7,808.47M	7,329.90M	8,628.98M
Operating income	827.27M	829.26M	1,437.17M	1,071.36M	823.85M
Income before tax	2,731.09M	2,423.54M	2,950.43M	1,693.00M	2,464.12M
Net income	1,947.44M	2,026.05M	2,142.00M	1,158.99M	1,564.48M
EBITDA	1,216.96M	1,399.38M	2,406.51M	2,158.48M	2,051.37M
Diluted EPS	0.22	0.23	0.25	0.13	0.18
Dividends Per Share	0.04	0.04	0.05	0.02	0.03
Total Assets	81,969.90M	93,054.43M	102,743.61M	117,392.00M	126,522.49M
Total liabilities	60,887.49M	69,545.11M	76,599.80M	87,686.35M	94,485.04M
Total equity	15,501.02M	15,807.39M	17,593.68M	19,543.41M	20,565.30M
Operating cash flow	4,030.13M	2,276.09M	448.48M	628.60M	-1,040.36M

Valuation Measures

Dec 2021
PER	5.77
ROA	1.28%
ROE	7.79%
Operating margin	3.29%
Profit margin	6.25%

Key executives

Co-Chief Executive Officer & Executive Director: Qi Yu Chen
Co-Chief Executive Officer & Executive Director: Xiao Liang Xu
Co-Chief Financial Officer & Executive Director: Ping Gong
Executive Vice President: Jian Nong Qian
Co-Chief Human Resource Officer & Vice President: Min Gao

Shareholders

Fosun International Holdings Ltd. (73.3%)
BlackRock Fund Advisors (0.8%)
The Vanguard Group, Inc. (0.8%)
T. Rowe Price International Ltd. (0.4%)
Dimensional Fund Advisors LP (0.3%)
CHEN QI YU (0.3%)
Norges Bank Investment Management (0.3%)
XU XIAO LIANG (0.2%)
BlackRock Advisors (UK) Ltd. (0.2%)
QIN XUE TANG (0.2%)

Contact Details

Website:http://www.fosun.com
Address: Building S1, Bund Finance Center, No. 600, Zhongshan East 2nd Road, Shanghai, 200010, China
Phone: +86.21.2315.6666

Related Companies

Fosun International Ltd. (Hong Kong)
Fosun Wealth Holdings Ltd.
Shanghai Fuyu Culture & Development Co., Ltd.
Fosun Healthcare US LLC
Fosun Atlas Capital SICAV RAIF SCS
Chengdu Forte Mingzhu Property Co., Ltd.
Hainan Atlantis Commerce & Tourism Development Co., Ltd.
Fosun Fashion Group (Cayman) Ltd.
Fosun Ruizhe Asset Management Co. Ltd.
WEI Beauty
Zhejiang Fosun Yi Cosmetic Co. , Ltd.
Fosun FFT Holdings (Germany) GmbH
Hauck & Aufhaeuser Privatbankiers Ag/Custody/
Ironshore Agency Ltd.
Roc Oil (Finance) Pty Ltd.
Fosun Health Holdings Ltd.
Chongqing Yao Pharmaceutical Co., Ltd.
Hainan Forte Investment Co., Ltd.
Fosun Tourism Group
Transcendent Resources Ltd.
Atlantis Sanya
Fosun Capital Holdings Ltd.
Shanghai Fosun High Technology Co. Ltd.
Shanghai Fosun Venture Investment Management Co., Ltd.
Zhejiang Fosun Business Development Co. Ltd.
Fosun Management (UK) Ltd.
Fortune Star (BVI) Ltd.
Fosun Eurasia Capital LLC
Forte Group Co., Ltd.
Fosun Management (Swiss) GmbH

Competitors

Pierre et Vacances SA
Inter & Co., Inc. Class A

Last Updated on 8 Dec, 2022