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Future Bright Holdings

DB:0FB
Snowflake Description

Overvalued with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0FB
DB
HK$118M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Future Bright Holdings Limited, an investment holding company, sells food and catering products in Macau, Mainland China, Hong Kong, and Taiwan. The last earnings update was 9 days ago. More info.


Add to Portfolio Compare Print
  • Future Bright Holdings has significant price volatility in the past 3 months.
0FB Share Price and Events
7 Day Returns
-4.3%
DB:0FB
-6.8%
DE Hospitality
-0.6%
DE Market
1 Year Returns
-81.4%
DB:0FB
-48.1%
DE Hospitality
-20.9%
DE Market
0FB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Future Bright Holdings (0FB) -4.3% -31.3% -55.1% -81.4% -88.3% -93.4%
DE Hospitality -6.8% -31.3% -57.6% -48.1% -63.2% -70.6%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 0FB underperformed the Hospitality industry which returned -48.1% over the past year.
  • 0FB underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
0FB
Industry
5yr Volatility vs Market

Value

 Is Future Bright Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Future Bright Holdings. This is due to cash flow or dividend data being unavailable. The share price is €0.011.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Future Bright Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Future Bright Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0FB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in HKD HK$-0.54
SEHK:703 Share Price ** SEHK (2020-04-03) in HKD HK$0.17
Germany Hospitality Industry PE Ratio Median Figure of 9 Publicly-Listed Hospitality Companies 21.1x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Future Bright Holdings.

DB:0FB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:703 Share Price ÷ EPS (both in HKD)

= 0.17 ÷ -0.54

-0.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Future Bright Holdings is loss making, we can't compare its value to the DE Hospitality industry average.
  • Future Bright Holdings is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Future Bright Holdings's expected growth come at a high price?
Raw Data
DB:0FB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Hospitality Industry PEG Ratio Median Figure of 63 Publicly-Listed Hospitality Companies 0.96x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Future Bright Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Future Bright Holdings's assets?
Raw Data
DB:0FB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in HKD HK$0.95
SEHK:703 Share Price * SEHK (2020-04-03) in HKD HK$0.17
Germany Hospitality Industry PB Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 1.73x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:0FB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:703 Share Price ÷ Book Value per Share (both in HKD)

= 0.17 ÷ 0.95

0.18x

* Primary Listing of Future Bright Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Future Bright Holdings is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Future Bright Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Future Bright Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Future Bright Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Future Bright Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
28.9%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Future Bright Holdings expected to grow at an attractive rate?
  • Unable to compare Future Bright Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Future Bright Holdings's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Future Bright Holdings's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:0FB Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 28.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:0FB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0FB Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,142 -377
2019-09-30 1,150 -246
2019-06-30 1,157 73 -115
2019-03-31 1,145 57 -87
2018-12-31 1,133 40 -60
2018-09-30 1,098 37 -24
2018-06-30 1,063 33 13
2018-03-31 1,010 24 12
2017-12-31 957 15 11
2017-09-30 926 19 4
2017-06-30 896 23 -3
2017-03-31 875 41 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Future Bright Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Future Bright Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:0FB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Future Bright Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0FB Past Financials Data
Date (Data in HKD Millions) EPS *
2019-12-31 -0.54
2019-09-30 -0.35
2019-06-30 -0.17
2019-03-31 -0.13
2018-12-31 -0.09
2018-09-30 -0.03
2018-06-30 0.02
2018-03-31 0.02
2017-12-31 0.02
2017-09-30 0.01
2017-06-30 0.00
2017-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Future Bright Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 0FB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Future Bright Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. Future Bright Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Future Bright Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Future Bright Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Future Bright Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Future Bright Holdings's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Future Bright Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Future Bright Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Future Bright Holdings's 1-year growth to the DE Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
Future Bright Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Future Bright Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0FB Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,142.31 -376.84 195.62
2019-09-30 1,149.73 -245.86 196.37
2019-06-30 1,157.14 -114.87 197.11
2019-03-31 1,145.23 -87.50 193.71
2018-12-31 1,133.31 -60.13 190.31
2018-09-30 1,098.21 -23.54 183.57
2018-06-30 1,063.12 13.05 176.84
2018-03-31 1,010.09 12.03 170.00
2017-12-31 957.05 11.02 163.17
2017-09-30 926.50 4.11 157.64
2017-06-30 895.95 -2.80 152.12
2017-03-31 874.59 -2.17 147.72
2016-12-31 853.23 -1.54 143.33
2016-09-30 830.48 -17.81 141.00
2016-06-30 807.73 -34.09 138.67
2016-03-31 815.96 -40.00 142.39
2015-12-31 824.18 -45.91 146.11
2015-09-30 835.73 -11.59 141.69
2015-06-30 847.28 22.72 137.28
2015-03-31 853.11 95.77 128.73
2014-12-31 858.94 168.81 120.19
2014-09-30 839.72 230.89 112.92
2014-06-30 820.49 292.96 105.66
2014-03-31 783.51 276.96 98.05
2013-12-31 746.54 260.96 90.45
2013-09-30 711.03 264.54 89.66
2013-06-30 675.52 268.13 88.87

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Future Bright Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Future Bright Holdings has efficiently used its assets last year compared to the DE Hospitality industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Future Bright Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Future Bright Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Future Bright Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Future Bright Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Future Bright Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Future Bright Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Future Bright Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Future Bright Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Future Bright Holdings Company Filings, last reported 3 months ago.

DB:0FB Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 641.73 438.07 261.43
2019-09-30 641.73 438.07 261.43
2019-06-30 905.05 465.58 57.65
2019-03-31 905.05 465.58 57.65
2018-12-31 981.50 430.48 84.91
2018-09-30 981.50 430.48 84.91
2018-06-30 1,045.57 357.56 74.78
2018-03-31 1,045.57 357.56 74.78
2017-12-31 1,071.12 450.48 176.45
2017-09-30 1,071.12 450.48 176.45
2017-06-30 1,030.76 383.81 186.56
2017-03-31 1,030.76 383.81 186.56
2016-12-31 1,047.40 315.27 223.49
2016-09-30 1,047.40 315.27 223.49
2016-06-30 1,056.70 286.12 236.78
2016-03-31 1,056.70 286.12 236.78
2015-12-31 1,083.57 232.22 222.78
2015-09-30 1,083.57 232.22 222.78
2015-06-30 1,133.78 208.95 217.00
2015-03-31 1,133.78 208.95 217.00
2014-12-31 1,194.85 353.92 470.69
2014-09-30 1,194.85 353.92 470.69
2014-06-30 1,186.31 351.08 679.42
2014-03-31 1,186.31 351.08 679.42
2013-12-31 821.70 360.73 430.40
2013-09-30 821.70 360.73 430.40
2013-06-30 658.21 364.78 344.92
  • Future Bright Holdings's level of debt (68.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (29.5% vs 68.3% today).
  • Debt is not well covered by operating cash flow (16.8%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Future Bright Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Future Bright Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Future Bright Holdings has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Future Bright Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Future Bright Holdings dividends.
If you bought €2,000 of Future Bright Holdings shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Future Bright Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Future Bright Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:0FB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 11.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:0FB Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2016-03-23 0.000 0.000
2016-03-14 0.000 0.000
2015-08-31 0.000 0.000
2015-08-24 0.000 0.000
2015-03-27 0.060 4.353
2015-03-16 0.060 4.101
2014-03-25 0.080 2.747
2014-03-14 0.080 1.937
2013-03-25 0.060 2.143
2013-03-18 0.060 2.287
2013-03-15 0.090 3.719
2012-08-24 0.030 2.173
2012-08-17 0.030 2.579
2012-03-20 0.030 3.409
2011-03-24 0.015 3.210

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Future Bright Holdings has not reported any payouts.
  • Unable to verify if Future Bright Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Future Bright Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Future Bright Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Future Bright Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Future Bright Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Future Bright Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Future Bright Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chak Chan
COMPENSATION HK$15,043,000
AGE 68
TENURE AS CEO 16.1 years
CEO Bio

Mr. Chak Mo Chan has been the Managing Director of Future Bright Holdings Ltd., since March 2004. Mr. Chan has over 22 years of experience in investment and the management of various kinds of businesses including hotels, casinos, restaurants and entertainment centres in Hong Kong and Macau. Mr. Chan served as the Chairman of Future Bright Holdings Ltd. from September 2004 to December 16, 2005. He serves as an Executive Director of Future Bright Holdings Ltd. He serves as a Sole Director of Puregain Assets Limited. He served as Director of SMI Corp. Ltd. (Former Name as Star East Holdings Ltd.) since September 1999. He is a Member of the Legislative Assembly of Macau Special Administrative Region and a Committee Member of the Committee for the 8th, 9th, 10th and 11th China Political Consultative Conference of Shanghai. Mr. Chan holds a Bachelor's degree and Master's degree in Business Administration.

CEO Compensation
  • Chak's compensation has increased whilst company is loss making.
  • Chak's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Future Bright Holdings management team in years:

16.1
Average Tenure
60
Average Age
  • The average tenure for the Future Bright Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Johnny Chan

TITLE
Chairman
COMPENSATION
HK$894K
AGE
60

Chak Chan

TITLE
MD & Executive Director
COMPENSATION
HK$15M
AGE
68
TENURE
16.1 yrs

King Lai

TITLE
Deputy Chairman
COMPENSATION
HK$170K
AGE
61

In Leong

TITLE
Executive Director
COMPENSATION
HK$1M
AGE
51

Winifred Lam

TITLE
Associate Director of Investor Relations & Corporate Finance
AGE
49

Ken Cheung

TITLE
Chief Business Development Officer
AGE
62
TENURE
11.1 yrs

Hon Leung

TITLE
Qualified Accountant & Company Secretary
AGE
47
TENURE
16.1 yrs
Board of Directors Tenure

Average tenure and age of the Future Bright Holdings board of directors in years:

14.8
Average Tenure
64
Average Age
  • The average tenure for the Future Bright Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Johnny Chan

TITLE
Chairman
COMPENSATION
HK$894K
AGE
60
TENURE
14.3 yrs

Chak Chan

TITLE
MD & Executive Director
COMPENSATION
HK$15M
AGE
68

King Lai

TITLE
Deputy Chairman
COMPENSATION
HK$170K
AGE
61
TENURE
14.3 yrs

In Leong

TITLE
Executive Director
COMPENSATION
HK$1M
AGE
51
TENURE
16.1 yrs

Afonso Chan

TITLE
Independent Non Executive Director
COMPENSATION
HK$300K
AGE
72
TENURE
12 yrs

Hon Kit Cheung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$300K
AGE
65
TENURE
16 yrs

Lincoln Yu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$300K
AGE
64
TENURE
15.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Future Bright Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Future Bright Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Future Bright Holdings Limited, an investment holding company, sells food and catering products in Macau, Mainland China, Hong Kong, and Taiwan. The company operates through three segments: Food and Catering, Food Souvenir, and Property Investment. It is also involved in the sale of food souvenirs, including festival food products; and operation of restaurants, food processing centers, and coffee shops. In addition, the company offers administrative and supporting services; and invests in and leases properties; and trades in food. As of December 31, 2018, it had 57 restaurants, including 33 self-owned restaurants and 24 franchise restaurants; and 12 food court counters. The company is headquartered in Central, Hong Kong.

Details
Name: Future Bright Holdings Limited
0FB
Exchange: DB
Founded:
HK$14,111,304
694,302,000
Website: http://
Address: Future Bright Holdings Limited
West Tower,
Room 1409,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 703 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 15. Aug 2002
OTCPK FTRH.F Ordinary Shares Pink Sheets LLC US USD 15. Aug 2002
DB 0FB Ordinary Shares Deutsche Boerse AG DE EUR 15. Aug 2002
Number of employees
Current staff
Staff numbers
2,129
Future Bright Holdings employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 21:59
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/03/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.