NASDAQ : FEBO
Fenbo Holdings Limited — Financial statements
Technology · Consumer Electronics · Hong Kong
Last price 0.6501 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 7.19M
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Financial statements
Fenbo Holdings Limited (FEBO) reported revenue of 87.50M HKD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 87.50M | 85.02M | 132.91M | 119.11M | 119.73M | 140.69M |
| Cost of Revenue | 77.89M | 74.09M | 108.08M | 97.00M | 100.89M | 117.47M |
| Gross Profit | 9.61M | 10.94M | 24.82M | 22.11M | 18.84M | 23.21M |
| Selling, General & Admin | 21.42M | 21.51M | 38.34M | 22.08M | 20.76M | 19.89M |
| Other Operating Expenses | 296.00K | 296.00K | 242.00K | 419.00K | 534.00K | |
| Operating Expenses | 21.71M | 21.81M | 38.59M | 22.50M | 21.30M | 19.89M |
| Operating Income | -12.11M | -10.87M | -13.76M | -390.00K | -2.46M | 3.32M |
| Interest Expense | -59.00K | -275.00K | -552.00K | -1.71M | -1.58M | -1.58M |
| Interest & Investment Income | 141.00K | 99.00K | 275.00K | 84.00K | 20.00K | 17.00K |
| Currency Exchange Gain (Loss) | -16.00K | -43.00K | 213.00K | 459.00K | ||
| Other Non Operating Income (Expenses) | 121.00K | 349.00K | 299.00K | 471.00K | 528.00K | 1.39M |
| EBT Excluding Unusual Items | -11.92M | -10.74M | -13.74M | -1.33M | -3.49M | 3.60M |
| Gain (Loss) on Sale of Assets | 100.00K | 100.00K | -1.00K | 12.46M | 45.00K | |
| Pretax Income | -11.82M | -10.64M | -13.74M | -1.33M | 8.96M | 3.65M |
| Income Tax Expense | 1.74M | 131.00K | 312.00K | 2.82M | ||
| Net Income | -11.82M | -10.64M | -15.48M | -1.46M | 8.65M | 824.00K |
| Net Income to Common | -11.82M | -10.64M | -15.48M | -1.46M | 8.65M | 824.00K |
| Shares Outstanding (Basic) | 11.06M | 11.06M | 11.06M | 10.08M | 10.00M | 10.00M |
| Shares Outstanding (Diluted) | 11.06M | 11.06M | 11.06M | 10.08M | 10.00M | 10.00M |
| EPS (Basic) | -1.07 | -0.96 | -1.40 | -0.14 | 0.87 | 0.08 |
| EPS (Diluted) | -1.07 | -0.96 | -1.40 | -0.14 | 0.87 | 0.08 |
| Free Cash Flow | -9.85M | 1.53M | -21.75M | 9.44M | 5.14M | 5.89M |
| Free Cash Flow Per Share | -0.89 | 0.14 | -1.97 | 0.94 | 0.51 | 0.59 |
| Gross Margin | 10.98% | 12.86% | 18.68% | 18.56% | 15.73% | 16.50% |
| Operating Margin | -13.84% | -12.79% | -10.36% | -0.33% | -2.05% | 2.36% |
| Profit Margin | -13.51% | -12.52% | -11.65% | -1.23% | 7.23% | 0.59% |
| Free Cash Flow Margin | -11.25% | 1.80% | -16.37% | 7.93% | 4.29% | 4.18% |
| EBITDA | -11.77M | -10.41M | -13.26M | 116.00K | -1.76M | 3.92M |
| EBITDA Margin | -13.45% | -12.25% | -9.98% | 0.10% | -1.47% | 2.78% |
| D&A For EBITDA | 339.00K | 459.00K | 505.00K | 506.00K | 702.00K | 599.00K |
| EBIT | -12.11M | -10.87M | -13.76M | -390.00K | -2.46M | 3.32M |
| EBIT Margin | -13.84% | -12.79% | -10.36% | -0.33% | -2.05% | 2.36% |
| Effective Tax Rate | 3.48% | 77.40% |
Balance sheet
Fiscal year January - December; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 16.41M | 19.04M | 27.48M | 46.34M | 13.85M | 4.00M |
| Cash & Short-Term Investments | 16.41M | 19.04M | 27.48M | 46.34M | 13.85M | 4.00M |
| Accounts Receivable | 29.41M | 26.76M | 37.34M | 31.49M | 32.94M | 46.40M |
| Other Receivables | 1.60M | 1.66M | 1.70M | 3.18M | 3.02M | 4.82M |
| Receivables | 31.01M | 28.42M | 39.04M | 34.67M | 35.96M | 51.21M |
| Inventory | 10.30M | 9.80M | 11.50M | 14.09M | 15.86M | 21.51M |
| Prepaid Expenses | 73.00K | 136.00K | 125.00K | 1.75M | 2.81M | 161.00K |
| Other Current Assets | 1.98M | 1.93M | 1.85M | 1.09M | 2.83M | 1.02M |
| Total Current Assets | 59.77M | 59.33M | 80.00M | 97.93M | 71.32M | 77.90M |
| Property, Plant & Equipment | 8.99M | 12.11M | 16.41M | 5.04M | 8.62M | 16.24M |
| Total Assets | 68.77M | 71.43M | 96.41M | 102.98M | 79.94M | 94.14M |
| Accounts Payable | 14.26M | 14.04M | 15.22M | 18.48M | 13.80M | 19.13M |
| Accrued Expenses | 4.36M | 4.41M | 6.27M | 4.56M | 4.65M | 3.06M |
| Short-Term Debt | 8.68M | 3.61M | 14.06M | 13.41M | 16.12M | 11.00M |
| Current Portion of Leases | 7.95M | 4.20M | 5.82M | 4.06M | 5.63M | 5.52M |
| Current Income Taxes Payable | 5.00K | 17.00K | 1.73M | |||
| Other Current Liabilities | 2.44M | 2.45M | 36.00K | 2.47M | 1.15M | 7.37M |
| Total Current Liabilities | 37.70M | 28.71M | 41.41M | 43.00M | 41.34M | 47.81M |
| Long-Term Leases | 7.09M | 9.48M | 198.00K | 2.55M | 8.85M | |
| Total Liabilities | 37.70M | 35.80M | 50.90M | 43.20M | 43.89M | 56.66M |
| Common Stock | 9.00K | 9.00K | 9.00K | 9.00K | 8.00K | 8.00K |
| Additional Paid-In Capital | 30.57M | 30.57M | 30.57M | 28.49M | 2.49M | |
| Retained Earnings | 399.00K | 5.40M | 16.05M | 31.53M | 32.99M | 34.34M |
| Comprehensive Income & Other | 93.00K | -353.00K | -1.11M | -254.00K | 555.00K | 3.13M |
| Shareholders' Equity | 31.07M | 35.63M | 45.52M | 59.78M | 36.04M | 37.47M |
| Total Liabilities & Equity | 68.77M | 71.43M | 96.41M | 102.98M | 79.94M | 94.14M |
| Total Debt | 16.63M | 14.91M | 29.36M | 17.67M | 24.30M | 25.37M |
| Net Cash (Debt) | -218.00K | 4.13M | -1.88M | 28.67M | -10.44M | -21.38M |
| Net Cash Per Share | -0.02 | 0.37 | -0.17 | 2.84 | -1.04 | -2.14 |
| Filing Date Shares Outstanding | 11.06M | 11.06M | 11.06M | 11.06M | 10.00M | 10.00M |
| Total Common Shares Outstanding | 11.06M | 11.06M | 11.06M | 11.00M | 10.00M | 10.00M |
| Working Capital | 22.08M | 30.61M | 38.59M | 54.93M | 29.98M | 30.09M |
| Book Value Per Share | 2.81 | 3.22 | 4.11 | 5.43 | 3.60 | 3.75 |
| Tangible Book Value | 31.07M | 35.63M | 45.52M | 59.78M | 36.04M | 37.47M |
| Tangible Book Value Per Share | 2.81 | 3.22 | 4.11 | 5.43 | 3.60 | 3.75 |
| Land | 2.51M | |||||
| Machinery | 8.27M | 7.68M | 7.75M | 7.53M | 7.69M | 9.49M |
Cash flow statement
Fiscal year January - December; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -11.82M | -10.64M | -15.48M | -1.46M | 8.65M | 824.00K |
| Depreciation & Amortization | 339.00K | 459.00K | 7.33M | 5.92M | 5.56M | 6.08M |
| Loss (Gain) From Sale of Assets | -100.00K | -100.00K | 1.00K | -12.46M | -45.00K | |
| Other Operating Activities | 275.00K | 275.00K | 368.00K | 313.00K | 469.00K | 702.00K |
| Change in Accounts Receivable | 784.00K | 10.58M | -5.86M | 789.00K | 10.23M | 12.33M |
| Change in Inventory | -771.00K | 1.70M | 1.98M | 1.48M | 4.22M | -1.95M |
| Change in Accounts Payable | 848.00K | -1.19M | -4.06M | 5.07M | -2.25M | -6.53M |
| Change in Other Net Operating Assets | 995.00K | 504.00K | -5.63M | -2.38M | -8.72M | -5.50M |
| Operating Cash Flow | -9.45M | 1.59M | -21.35M | 9.73M | 5.70M | 5.92M |
| Capital Expenditures | -396.00K | -59.00K | -405.00K | -284.00K | -554.00K | -27.00K |
| Sale of Property, Plant & Equipment | 100.00K | 100.00K | ||||
| Investing Cash Flow | -296.00K | 41.00K | -405.00K | -284.00K | -554.00K | -27.00K |
| Short-Term Debt Issued | 643.00K | 5.03M | ||||
| Total Debt Issued | 8.07M | 643.00K | 5.03M | |||
| Short-Term Debt Repaid | -10.45M | -2.70M | -5.19M | |||
| Total Debt Repaid | -10.77M | -10.45M | -2.70M | -5.19M | ||
| Net Debt Issued (Repaid) | -2.70M | -10.45M | 643.00K | -2.70M | 5.03M | -5.19M |
| Issuance of Common Stock | 2.08M | 26.00M | ||||
| Financing Cash Flow | -2.70M | -10.45M | 2.72M | 23.30M | 5.03M | -5.19M |
| Foreign Exchange Rate Adjustments | 599.00K | 378.00K | 167.00K | -254.00K | -318.00K | 7.00K |
| Net Cash Flow | -11.85M | -8.44M | -18.87M | 32.49M | 9.86M | 701.00K |
| Free Cash Flow | -9.85M | 1.53M | -21.75M | 9.44M | 5.14M | 5.89M |
| Free Cash Flow Margin | -11.25% | 1.80% | -16.37% | 7.93% | 4.29% | 4.18% |
| Free Cash Flow Per Share | -0.89 | 0.14 | -1.97 | 0.94 | 0.51 | 0.59 |
| Levered Free Cash Flow | -5.58M | 5.03M | -6.95M | 16.13M | 7.23M | 11.83M |
| Unlevered Free Cash Flow | -5.55M | 5.20M | -6.60M | 17.20M | 8.21M | 12.82M |
| Cash Interest Paid | 58.00K | 275.00K | 837.00K | 1.71M | 1.58M | 1.58M |
| Cash Income Tax Paid | -9.00K | -206.00K | -196.00K | 3.49M | 683.00K | |
| Change in Working Capital | 1.86M | 11.60M | -13.56M | 4.96M | 3.47M | -1.65M |
Ratios
Fiscal year January - December; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 8.38M | 14.71M | 19.25M | 55.66M | ||
| Enterprise Value | 8.41M | 14.42M | 17.87M | 55.28M | ||
| Last Close Price | 0.65 | 1.33 | 1.74 | 5.06 | ||
| PS Ratio | 0.64 | 1.35 | 1.12 | 3.65 | ||
| PB Ratio | 1.82 | 3.21 | 3.29 | 7.27 | ||
| P/TBV Ratio | 1.82 | 3.21 | 3.29 | 7.27 | ||
| P/FCF Ratio | 74.75 | 46.04 | ||||
| P/OCF Ratio | 71.98 | 44.70 | ||||
| EV/Sales Ratio | 0.65 | 1.32 | 1.04 | 3.62 | ||
| EV/EBITDA Ratio | 3,722.42 | |||||
| EV/FCF Ratio | 73.29 | 45.72 | ||||
| Debt / Equity Ratio | 0.54 | 0.42 | 0.65 | 0.30 | 0.67 | 0.68 |
| Debt / EBITDA Ratio | 8.43 | 6.48 | ||||
| Debt / FCF Ratio | 9.73 | 1.87 | 4.73 | 4.31 | ||
| Net Debt / Equity Ratio | 0.01 | -0.12 | 0.04 | -0.48 | 0.29 | 0.57 |
| Net Debt / EBITDA Ratio | -0.02 | 0.40 | -0.14 | -247.16 | -5.94 | 5.46 |
| Net Debt / FCF Ratio | -0.02 | -2.70 | -0.09 | -3.04 | 2.03 | 3.63 |
| Asset Turnover | 1.12 | 1.01 | 1.33 | 1.30 | 1.38 | 1.41 |
| Inventory Turnover | 7.83 | 6.96 | 8.45 | 6.48 | 5.40 | 5.81 |
| Quick Ratio | 1.26 | 1.65 | 1.61 | 1.88 | 1.21 | 1.16 |
| Current Ratio | 1.59 | 2.07 | 1.93 | 2.28 | 1.73 | 1.63 |
| Return on Equity (ROE) | -32.26% | -26.23% | -29.41% | -3.05% | 23.54% | 2.15% |
| Return on Assets (ROA) | -9.71% | -8.10% | -8.63% | -0.27% | -1.77% | 2.08% |
| Return on Invested Capital (ROIC) | -38.69% | -27.56% | -35.06% | -1.00% | -4.51% | 1.18% |
| Return on Capital Employed (ROCE) | -39.00% | -25.50% | -25.00% | -0.70% | -6.40% | 7.20% |
| Earnings Yield | -17.98% | -9.29% | -10.36% | -0.34% | ||
| FCF Yield | -17.45% | 1.34% | -14.55% | 2.17% | ||
| Buyback Yield / Dilution | -0.02% | -0.02% | -9.67% | -0.85% |