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1 Comment
Far East Horizon Limited is currently in a long term uptrend where the price is trading 0.6% above its 200 day moving average.
From a valuation standpoint, the stock is 92.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.1.
Far East Horizon Limited's total revenue rose by 24.4% to $16B since the same quarter in the previous year.
Its net income has increased by 14.4% to $3B since the same quarter in the previous year.
Finally, its free cash flow fell by 1224.3% to $-6B since the same quarter in the previous year.
Based on the above factors, Far East Horizon Limited gets an overall score of 4/5.
| Exchange | HK |
|---|---|
| ISIN | HK0000077468 |
| CurrencyCode | HKD |
| Industry | Credit Services |
| Sector | Financial Services |
| Dividend Yield | 7.0% |
|---|---|
| PE Ratio | 4.75 |
| Market Cap | 30B |
| Target Price | 10.99 |
| Beta | 0.53 |
Far East Horizon Limited, together with its subsidiaries, provides various financial services in Mainland China, Hong Kong, and internationally. It operates in two segments, Financial, Lease and Advisory; and Industrial Operation and Management. The Financial, Lease and Advisory segment offers direct finance leasing, sale-leaseback, factoring, entrusted loans, operating lease, and advisory services. The Industrial Operation and Management segment is involved in the import and export, and domestic trade of medical equipment; investment, operation, and management of hospitals; and provision of ship brokerage, medical engineering, healthcare management, and education consulting and management services, as well as trade agency services primarily within the machinery industry. The company also offers trading and brokerage, engineering management and construction, equipment operation, medical, construction, construction investment, ecotechnology, property, investment management, management consulting, and technical services. It serves healthcare, cultural and tourism, engineering construction, machinery, chemical and medicine, electronic information, public consuming, transportation and logistics, urban public utility, and other industries. The company was formerly known as Far Eastern Hong Xin Co., Limited and changed its name to Far East Horizon Limited in November 2010. The company was incorporated in 2008 and is headquartered in Tsim Sha Tsui, Hong Kong.
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