Public Financial Holdings Ltd

Chart & Performance

D1W1MN

P/E

132.84

P/S

2.09

EPS

0.01

Div Yield, %

8.05%

Shrs. gr., 5y

—

Rev. gr., 5y

-11.19%

Revenues

914m

-32.79%

Net income

14m

-95.62%

CFO

227m

Dividend

Jul 13, 20230.03 HKD/sh

Earnings

Mar 21, 2025

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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	914,185 -32.79%	1,360,192 -10.67%	1,522,586 -0.04%
Cost of revenue	414,982	75,418	74,821
Unusual Expense (Income)
NOPBT	499,203	1,284,774	1,447,765
NOPBT Margin	54.61%	94.46%	95.09%
Operating Taxes	26,250	77,812	105,713
Tax Rate	5.26%	6.06%	7.30%
NOPAT	472,953	1,206,962	1,342,052
Net income	14,381 -95.62%	328,697 -33.79%	496,461 25.05%
Dividends	(153,709)	(219,583)	(186,646)
Dividend yield	8.70%	8.30%	6.54%
Proceeds from repurchase of equity
BB yield
Debt
Debt current		2,098,860	2,092,135
Long-term debt	61,129	1,723,961	1,807,169
Deferred revenue		(49,767)	1,669,535
Other long-term liabilities		(1,220,558)	(1,716,833)
Net debt	(12,291,781)	(8,854,662)	(9,198,859)
Cash flow
Cash from operating activities	227,008	(375,045)	(735,560)
CAPEX	(56,258)	(109,015)	(29,481)
Cash from investing activities	(55,980)	(184,362)	(29,239)
Cash from financing activities	(1,089,942)	(304,809)	(243,384)
FCF	2,550,410	1,218,082	116,255
Balance
Cash	4,695,835	5,232,841	6,610,742
Long term investments	7,657,075	7,444,642	6,487,421
Excess cash	12,307,201	12,609,473	13,022,034
Stockholders' equity	4,569,012	4,535,168	4,459,896
Invested Capital	36,385,680	38,937,446	40,730,790
ROIC	1.26%	3.03%	3.26%
ROCE	1.22%	2.95%	3.20%
EV
Common stock shares outstanding	1,097,918	1,097,918	1,097,918
Price	1.61 -33.20%	2.41 -7.31%	2.60 24.40%
Market cap	1,767,647 -33.20%	2,645,981 -7.31%	2,854,586 24.40%
EV	(10,524,134)	(6,208,681)	(6,344,273)
EBITDA	602,785	1,387,103	1,549,705
EV/EBITDA
Interest	953,715	349,923	167,827
Interest/NOPBT	191.05%	27.24%	11.59%