Public Financial Holdings Ltd

Chart & Performance

D1W1MN

P/E

—

P/S

1.13

EPS

—

Div Yield, %

—

Shrs. gr., 5y

—

Rev. gr., 5y

-6.60%

Revenues

1.18b

+29.59%

Net income

-999m

CFO

5.74b

+2,427.18%

Dividend

Jul 13, 20230.03 HKD/sh

Profile

Public Financial Holdings Limited, an investment and property holding company, provides various banking and financial services in Hong Kong and Mainland China. It operates through three segments: Retail and Commercial Banking; Wealth Management, Stockbroking Services, and Securities Management; and Other Businesses. The Retail and Commercial Banking segment offers various products and services, including deposit accounts; mortgages and consumer lending products; hire purchase and leasing; financing to purchasers of licensed public vehicles, such as taxis and public light buses; services and financing for customers in trading, manufacturing, and various other business sectors; foreign exchange services; and cash management services for deposit taking and lending, interest rate risk management, and fund management services. The Wealth Management Services, Stockbroking, and Securities Management segment is involved in the management of investments in debt securities and equities; securities dealing and commission income receipt; and provision of wealth management products and services. The Other Businesses segment engages in trading of taxi cabs and taxi licenses; leasing taxis; and letting investment properties. It This has a combined network of 78 branches in Hong Kong and 5 branches in the Mainland China. Public Financial Holdings Limited also provides personal and property mortgage loans, nominee services, and insurance products. The company was formerly known as JCG Holdings Limited. The company was incorporated in 1991 and is headquartered in Central, Hong Kong. Public Financial Holdings Limited operates as a subsidiary of Public Bank Berhad.

URL

https://www.publicfinancial.com.hk/home_en

IPO date

Oct 03, 1991

Employees

1,190

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	1,184,738 29.59%	914,185 -32.79%	1,360,192 -10.67%
Cost of revenue	77,887	414,982	75,418
Unusual Expense (Income)
NOPBT	1,106,851	499,203	1,284,774
NOPBT Margin	93.43%	54.61%	94.46%
Operating Taxes	(16,023)	26,250	77,812
Tax Rate		5.26%	6.06%
NOPAT	1,122,874	472,953	1,206,962
Net income	(999,387) -7,049.36%	14,381 -95.62%	328,697 -33.79%
Dividends		(153,709)	(219,583)
Dividend yield		8.70%	8.30%
Proceeds from repurchase of equity
BB yield
Debt
Debt current			2,098,860
Long-term debt		61,129	1,723,961
Deferred revenue			(49,767)
Other long-term liabilities			(1,220,558)
Net debt	(14,493,584)	(12,291,781)	(8,854,662)
Cash flow
Cash from operating activities	5,736,911	227,008	(375,045)
CAPEX	(60,774)	(56,258)	(109,015)
Cash from investing activities	(133,874)	(55,980)	(184,362)
Cash from financing activities	(47,032)	(1,089,942)	(304,809)
FCF	1,120,881	2,550,410	1,218,082
Balance
Cash	7,857,643	4,695,835	5,232,841
Long term investments	6,635,941	7,657,075	7,444,642
Excess cash	14,434,347	12,307,201	12,609,473
Stockholders' equity	3,509,842	4,569,012	4,535,168
Invested Capital	39,334,154	36,385,680	38,937,446
ROIC	2.97%	1.26%	3.03%
ROCE	2.58%	1.22%	2.95%
EV
Common stock shares outstanding	1,097,918	1,097,918	1,097,918
Price	1.46 -9.32%	1.61 -33.20%	2.41 -7.31%
Market cap	1,602,960 -9.32%	1,767,647 -33.20%	2,645,981 -7.31%
EV	(12,890,624)	(10,524,134)	(6,208,681)
EBITDA	1,209,997	602,785	1,387,103
EV/EBITDA
Interest	1,069,107	953,715	349,923
Interest/NOPBT	96.59%	191.05%	27.24%